North America Negative Pressure Wound Therapy (NPWT) Devices Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2016 and Forecast 2017-2024

Market Outline: North America Negative Pressure Wound Therapy (NPWT) Devices Market
Negative pressure wound therapy (NPWT) is also known as vacuum assisted closure therapy or Wound VAC. Negative pressure wound therapy is type of therapy in which suction is used to draw fluids and drain away from an open wound. A special type of dressing is used to create the vacuum environment at the site of wound that increases the blood flow and also keeps the area clean. This will help to prevent and heal the infection. The devices for the negative pressure wound therapy are mechanical or powered (electrical).

Market dynamics: North America Negative Pressure Wound Therapy (NPWT) Devices Market
North America negative pressure wound therapy (NPWT) devices market is mainly driven by the growing awareness and adaptation of NPWT devices. Furthermore, presence of the key market players in the region and technological advancements of negative pressure wound therapy devices may drive the market revenue growth in North America Region. However, recent product recalls and availability of alternative wound therapy procedures may hamper the North America negative pressure wound therapy market over the forecast period.

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Market Scope: North America Negative Pressure Wound Therapy Devices (NPWT) Market
North America negative pressure wound therapy devices market is segmented based on type, application and end user
Based on type, North America negative pressure wound therapy (NPWT) devices market is segmented into
• Single Use / Disposable
• Conventional Use
Based on application, North America negative pressure wound therapy devices (NPWT) market is segmented into
• Pressure Ulcers
• Diabetic Foot Ulcers
• Burn Wounds
• Venous Leg Ulcer
Based on end user, North America negative pressure wound therapy devices (NPWT) market is segmented into
• Hospitals
• Ambulatory Surgical Centres
• Homecare
• Others


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Country Analysis: North America Negative Pressure Wound Therapy Devices (NPWT) Market
Geographically North America Negative Pressure Wound Therapy Devices market is segmented into Canada and United States (U.S.). U.S. negative pressure wound therapy devices market expected to account for major revenue share owing to presence of well-informed patient pool and growing adaptation rate of NPWT devices coupled with growing prevalence rates of diabetes and chronic wounds in the country. According to the U.S. National Institute of Health, chronic wounds currently affect about 6.5 Mn people in U.S. and numbers likely to increase. Canada negative pressure wound therapy devices market projected to have significant growth rate over the forecast period due to new product launches and increase in adaptation of NPWT devices for wound healing. For instance, in November 2012, Kinetic Concepts, Inc. (Acelity L.P. Inc.) launched V.A.C. Ultra NPWT system in Canada.

Competition Assessment: North America Negative Pressure Wound Therapy Devices (NPWT) Market
Key players profiles in North America negative pressure wound therapy devices (NPWT) market include
• Mölnlycke Health Care (Sweden)
• Acelity L.P. Inc. (U.S.)
• Smith & Nephew Plc (U.K.)
• Devon International Group, Inc. (U.S.)
• Cardinal Health, Inc. (U.S.)
• Medela (Olle Larsson Holding AG) (Switzerland)
• Carilex Medical Inc. (China)
• Equinox Medical Technologies B.V. (Netherlands)
• ConvaTec Group plc (U.K.)
• H & R Healthcare Ltd. (U.K.)

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Key Features of the Report:
• The report provides granular level information about the market size, country market share, historic market (2013-2016) and forecast (2017-2024)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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