Negative Pressure Wound Therapy (NPWT) Devices Market 2016-2020
Affordable rental and reimbursement for rental NPWT devices along with availability of single-use devices has propelled the homecare segment which is anticipated to grow the fastest with a CAGR of 7.1% between 2016 and 2020 according to the new report “Global Negative Pressure Wound Therapy (NPWT) Devices Market Assessment & Forecast: 2016-2020” by SA-Business Research & Consulting Group.
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Losses of limb (below-knee-amputation) BKA along with diabetic ulcers are a major concern for diabetics and healthcare providers alike. Even the most superficial wounds are unable to heal due to poor presence of granulation tissue. Ulceration, infection and gangrene is observed to occur considerably higher among developing countries. Diabetes is one of the most underdiagnosed conditions around the world. Approximately 50% of diabetes mellitus patients suffer from diabetic neuropathy a major cause of diabetic wounds. Diabetes affects 382 million people worldwide and its prevalence is expected to rise to 592 million within the next 19 years. According to the Journal of Diabetes, Metabolic Disorders & Control Patients with a previous below knee amputation have a 42% chance of a contra lateral same level amputation within 1-3 years and 56% chance at 3 to 5 years. Hypoesthetic Diabetic Peripheral Neuropathy Hypoesthetic DPN is often disregarded as a noon-serious issue and can lead to ulceration and amputation. The rise in incidence of diabetes is anticipated to accelerate the growth of adoption since NPWT is clearly shown to improve patient outcomes.
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Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.
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