Negative Pressure Wound Therapy Market To Amass Commendable Proceeds By 2025

The global negative pressure wound therapy market trends are anticipated to gain a massive momentum in the forthcoming timeframe attributing to the onset of endocrine and various other chronic diseases along with the proliferating amounts of accidents and trauma, globally. As per the reports by the Centers for Disease and Prevention, nearly 1.35 million people become the victims of the road accidents worldwide. This calls for the abundant demand of negative pressure wound therapies thereby propelling the global market dynamics.

Growing prevalence of diabetes globally and associated problems like foot ulcer wounds that are deep, non-healing would establish diabetic wounds segment as a prominent avenue for negative pressure wound therapy market growth. Complications associated with diabetes ulcers is estimated to boost negative pressure wound therapy product penetration.

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According to a report by the World Health Organization, over 1 lakh 80 thousand deaths have been encountered till date, worldwide due to fire breakout in the regions of low- and middle-income countries. Also, India alone has recorded over more than 1 million sufferings from moderate to severe burn injuries per year.

Based on the intensities of the skin burns, negative pressure wound therapies are altered to guarantee effective patient recuperation. The advantages delivered by negative pressure wound therapy combined with expanding frequencies of burns would escalate the segmental demand thereby stimulating the market dimensions.

Negative pressure wound therapy market size from the homecare settings is likely to register a CAGR of over more than 7.5 per cent over 2018-2025 on the grounds of the benefits delivered by the technologically advanced negative pressure wound therapy devices.

North America negative pressure wound therapy market is anticipated to witness substantial growth owing to increasing occurrence of accidents and trauma. The negative pressure wound therapy treatment demand across the region will remain high over the analysis period. In 2018, North America NPWT market accounted for 42% of the overall revenue share.

Notable industry players contributing towards negative pressure wound therapy industry share include ConvaTec, Smith & Nephew Inc, Cork Medical, Acelity, DeRoyal, Cardinal Health, Genadyne Biotechnologies Inc, Invacare Corporation, Medela Inc and Sanoma Pharmaceuticals.

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Partial Chapter of the Table of Content

Chapter 4. Negative Pressure Wound Therapy Market, By Type

4.1. Key segment trends

4.2. Single-use

4.2.1. Market size, by region, 2014-2025 (USD Million)

4.3. Conventional

4.3.1. Market size, by region, 2014-2025 (USD Million)

Chapter 5. Negative Pressure Wound Therapy Market, By Wound Type

5.1. Key segment trends

5.2. Diabetic wounds

5.2.1. Market size, by region, 2014-2025 (USD Million)

5.3. Skin burns

5.3.1. Market size, by region, 2014-2025 (USD Million)

5.4. Pressure wounds

5.4.1. Market size, by region, 2014-2025 (USD Million)

5.5. Surgical wounds

5.5.1. Market size, by region, 2014-2025 (USD Million)

5.6. Venous leg ulcers

5.6.1. Market size, by region, 2014-2025 (USD Million)

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