Press release
Negative Pressure Wound Therapy Market 2024-2033: Production Analysis, Growth Strategy, Industry Insights And Major Players
Negative Pressure Wound Therapy Market
According to The Business Research Company's, The negative pressure wound therapy market size has grown strongly in recent years. It will grow from $2.88 billion in 2023 to $3.04 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to aging population, hospital acquired infections, rise in surgical procedures, healthcare infrastructure development, reimbursement policies.
The negative pressure wound therapy market size is expected to see strongly grown in the next few years. It will grow to $3.84 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to prevalence of lifestyle-related diseases, home-based healthcare, global health crisis preparedness, patient preference for non-invasive treatments, value-based healthcare models, increasing incidence of chronic wounds. Major trends in the forecast period include technological innovations, telemedicine integration, personalized wound care, collaborations and partnerships, regulatory compliance and standardization.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/negative-pressure-wound-therapy-global-market-report
Market Drivers and Trends:
The growing prevalence of diabetes is expected to propel the growth of the negative pressure wound therapy market. Diabetic foot ulceration (DFU) is the most common application area of negative pressure wound therapy. A diabetic person's wounds are difficult to heal because people with uncontrolled diabetes may develop poor circulation, which results in less oxygenated circulation to the wound and the tissues do not heal as quickly. Thus, negative pressure wound therapy offers better graft take up than conventional dressing for diabetic patients. According to the International Diabetes Federation (IDF), in 2020, nearly 463 million people had diabetes in the world. The number of diabetic people in the Southeast Asia region is expected to increase from 88 million in 2020 to nearly 153 million by 2045. Therefore, the growing prevalence of diabetes drives the negative pressure wound therapy market.
The growing technological advancements is a key trend gaining popularity in the negative pressure wound therapy market. Major companies operating in the negative pressure wound therapy market are focusing on developing technological solutions for negative pressure wound therapy. For instance, in August 2022, 3M , a US-based multinational conglomerate company launched a new 3M Veraflo Cleanse Choice Complete Dressing Kit for negative pressure wound therapy with instillation and a software upgrade for the 3M V.A.C. Ulta Therapy Unit. The new offerings aim to simplify care delivery processes for clinicians and improve the experience for patients by making dressing changes easier, faster, and less painful. The software upgrade automates therapy initiation and includes helpful features, while the new dressing kit simplifies application and includes a gentler drape for patient comfort. These advancements are designed to enhance the efficiency and effectiveness of Veraflo Therapy in wound care.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=5687&type=smp
Major Key Players of the Market:
Devon International Group; ConvaTec Group plc.; DeRoyal Industries Inc.; Smith & Nephew plc; Acelity L.P. Inc.; Mölnlycke Health Care AB; ATMOS MedizinTechnik GmbH & Co. KG; Cardinal Health Inc.; Talley Group Limited; Medela AG; Lohmann & Rauscher GmbH & Co. KG; Triage Meditech Pvt. Ltd.; Carilex Medical GmbH; Shandong Weigao Xinsheng Medical Devices Co. Lt; Genadyne Biotechnologies Inc.; B. Braun Melsungen AG; Cork Medical LLC; BSN medical GmbH; Investor AB; Olle Larsson Holding AG; PAUL HARTMANN Asia-Pacific Ltd.; KCI Licensing Inc.; Arjo USA Inc.; 3M Company; MPM Medical Inc.; Prospera Technologies Inc.; Innovative Therapies Inc.; Laboratoires URGO; 4L Health Co. Ltd; Pensar Medical LLC; Virchow Biotech Pvt. Ltd.; Arobella Medical LLC; Spincare Inc.; Ursapharm Arzneimittel GmbH
Negative Pressure Wound Therapy Market 2024 Key Insights:
• The negative pressure wound therapy market size will grow to $3.84 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.
• Rising Prevalence Of Diabetes To Drive Market Growth
• Technological Advancements Driving Innovation In Negative Pressure Wound Therapy Market
• North America was the largest region in the negative pressure wound therapy market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=5687&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Negative Pressure Wound Therapy Market 2024-2033: Production Analysis, Growth Strategy, Industry Insights And Major Players here
News-ID: 3754268 • Views: …
More Releases from The Business Research Company
Top Market Shifts Transforming the Rainwear Market Landscape: Key Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Rainwear Market Through 2025?
The rainwear market has seen strong growth in recent years. It is forecast to increase from $3.47 billion in 2024 to $3.67 billion in 2025, at a CAGR of 5.7%. Growth historically was influenced by more frequent heavy…
Plant-Based Food Packaging Market Landscape to 2034: Key Forces Shaping the Next …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Plant-Based Food Packaging Market Size By 2025?
The plant-based food packaging market has grown rapidly in recent years. It is projected to rise from $6.39 billion in 2024 to $7.2 billion in 2025 at a CAGR of 12.6%. Historic growth was fueled by rising environmental…
Driving MDF And Chipboard Market Growth in 2025: The Role of Surge In Constructi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
MDF And Chipboard Market Size Growth Forecast: What to Expect by 2025?
The mdf and chipboard market has expanded strongly in recent years. It will rise from $69.03 billion in 2024 to $73.88 billion in 2025 at a CAGR of 7.0%. Past growth was supported by availability of panels…
Top Market Shifts Transforming the Glass Substrate Market Landscape: Key Insight …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Glass Substrate Market Through 2025?
The glass substrate market has recorded steady expansion in recent years. It is projected to rise from $7.9 billion in 2024 to $8.35 billion in 2025 at a CAGR of 5.8%. Factors behind the growth historically include…
More Releases for Therapy
Music Therapy Market Growth Potential is Booming Now: World Federation of Music …
HTF MI just released the Global Music Therapy Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies in Music Therapy Market are: Music Therapy Services (United…
Visual Arts Therapy Market Future Business Opportunities 2024-2031 | American Ar …
A recent report titled "Visual Arts Therapy Market" Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The report additionally features a comprehensive table of contents, figures, tables, and charts, as well as an analysis of the data. The Visual…
Hair Transplant Market by Therapy (Platelet-Rich Plasma Therapy (PRP), Stem Cell …
Hair transplant refers to the market for surgical procedures aimed at restoring hair growth in individuals experiencing hair loss or baldness. These procedures involve the transplantation of hair follicles from one part of the body to the balding or thinning areas.
View Detailed Report" https://www.databridgemarketresearch.com/reports/global-hair-transplant-market
The expansion of biotechnology sector across the globe, acts as one of the major factors driving the growth of global hair transplant market. The increase in the…
Melanoma Therapeutics Market By Chemotherapy, Biologic therapy, Targeted therapy …
Melanoma market has witnessed an unprecedented boost in market size, owing to a dynamically evolving nature of melanoma treatments over the past few years. The high demand of novel early stage and advanced melanoma therapies along with a booming patient base, has created an impending need for better therapies in the melanoma market. Although, a plethora of treatment options are available today, several immunotherapies and combination therapies are expected to…
Cell and Gene Therapy Market Global Analysis By Type (Cell Therapy, Gene Therapy …
Gene and cell therapy uses genes and cells for the treatment of genetic diseases. Genetic diseases are caused by mutations, or errors in genes which can be passed down from one generation to another. Gene therapy aims to treat diseases by using genetic material, or DNA, to manipulate a patient's cells by replacing, changing or introducing genome into cells- either internally or externally. Cell therapy aims to treat diseases by…
Stem Cell Therapy Revolutionizing Conventional Therapy Market
"Global Cell Therapy Market, Clinical Trials, Therapy Price & Opportunity Insight 2026" Report Highlights:
• Global Cell Therapy Market Opportunity: More Than US$ 35 Billion by 2026
• Cell Therapy Clinical Trial Insight by Indication, Company & Country
• Global Cell Therapy Clinical Pipeline: 767 Cell Therapies
• Globally Marketed Cell Therapies: 25 Cell Therapies
• Maximum Number of Marketed Cell Therapies In USA: 15 Therapies
• Price & Product Insight By Region/Country
• Regional Analysis of the Cell Therapy Market
Download…
