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Global Negative Pressure Wound Therapy Market to 2023 by Device Type, Wound Type, End User
Thursday, October 11, 2018

DUBLIN, Oct. 11, 2018 /PRNewswire/ --

The "Negative Pressure Wound Therapy Market by Device Type (Conventional & Single-use NPWT, Accessories), Wound Type (Surgical & Traumatic, Diabetic Foot, Pressure, Venous Leg Ulcers and Burns), End User (Hospitals, Homecare) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

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The negative pressure wound therapy (NPWT) devices market is expected to reach USD 2.72 billion by 2023 from USD 2.11 billion in 2018, at a CAGR of 5.2%.

Growing prevalence of diabetes, increasing spending on chronic and surgical wounds, government initiatives to prevent SSIs, and high rate of cesarean sections in elderly mothers leading to increasing post-operative use of NPWT devices are some of the factors expected to drive market growth during the forecast period

The negative pressure wound therapy market is segmented by product type, wound type, end user, and region. By product type, the NPWT devices market is categorized into conventional NPWT devices, single-use NPWT devices, and accessories. The conventional segment is expected to account for the largest share of the global NPWT devices market in 2018. This segment is driven by the ability of conventional NPWT systems to manage severe wound exudates. However, high costs and the growing adoption of disposable NPWT devices are restraining market growth to a certain extent.

Based on the wound type, the negative pressure wound therapy market is segmented into surgical and traumatic wounds, ulcers, and burns. The ulcer segment is subsegmented into pressure ulcers, venous ulcers, diabetic foot ulcers, and other ulcers. The surgical and traumatic wounds segment is expected to hold the largest share of the wound type segment in 2018 due to the growing prevalence of surgical & traumatic wounds and increasing spending on chronic and surgical wounds.

By end user, the NPWT devices market is classified into hospitals, home care settings, and other end users. In 2018, the hospitals segment is expected to account for the largest share of the market. The rising need for wound care services and increasing need of advanced wound management for treating complex wounds (such as high-grade diabetic foot ulcers, pressure ulcers, venous leg ulcers, and surgical wounds) among the rapidly growing geriatric population are some of the key factors responsible for the growing demand for NPWT devices in hospitals.

On the basis of region, the negative pressure wound therapy market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2018, North America is expected to command the largest share of the NPWT devices market. The large share of this market segment can be attributed to increasing incidence of chronic wounds and diabetes and rising geriatric population. In addition to this, the favorable reimbursement scenario in the region is expected to increase the adoption of NPWT devices.

Some of the major players operating in this market are Acelity (US), Smith & Nephew (UK), Mlnlycke Health Care AB (Sweden), Cardinal Health (US), ConvaTec (UK), and DeRoyal (US), Lohmann & Rauscher (German), Talley Group (UK), Medela (Switzerland), and Genadyne (US).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Negative Pressure Wound Therapy Devices: Market Overview
4.2 Negative Pressure Wound Therapy Devices Market, By Wound Type (2018)
4.3 Geographical Snapshot Of The Negative Pressure Wound Therapy
4.4 Devices Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Prevalence Of Diabetes
5.2.1.2 Increasing Spending On Chronic And Surgical Wounds
5.2.1.3 Government Initiatives To Prevent SSIS
5.2.1.4 High Rate Of Cesarean Sections In Elderly Mothers Leading To Increasing Post-Operative Use Of NPWT Devices
5.2.2 Trends
5.2.2.1 Growing Usage Of Simplified Single-Use Devices

6 Negative Pressure Wound Therapy Devices Market, By Product Type
6.1 Introduction
6.2 Conventional NPWT Devices
6.3 Single-Use NPWT Devices
6.4 Accessories

7 Negative Pressure Wound Therapy Devices Market, By Wound Type
7.1 Introduction
7.2 Surgical And Traumatic Wounds
7.3 Ulcers
7.3.1 Diabetic Foot Ulcers
7.3.2 Venous Ulcers
7.3.3 Pressure Ulcers
7.3.4 Other Ulcers
7.4 Burns

8 Negative Pressure Wound Therapy Devices Market, By End User
8.1 Introduction
8.2 Hospitals
8.3 Home Care Settings
8.4 Other End Users

9 Negative Pressure Wound Therapy Devices Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Rest Of Europe
9.4 Asia
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest Of Asia (Roa)
9.5 Rest Of The World

10 Competitive Landscape
10.1 Overview
10.2 Market Share Ranking, 2017
10.2.1 Product Launches
10.2.2 Agreements
10.2.3 Expansions

11 Company Profiles
11.1 Acelity
11.2 Smith & Nephew
11.3 Mlnlycke Health Care Ab (A Subsidiary Of Investor Ab)
11.4 Convatec Group
11.5 Cardinal Health
11.6 Deroyal
11.7 Lohmann & Rauscher International Gmbh & Co. Kg
11.8 Talley Group
11.9 Medela
11.10 Genadyne

For more information about this report visit https://www.researchandmarkets.com/research/ctjhl7/global_negative?w=5

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View original content:http://www.prnewswire.com/news-releases/global-negative-pressure-wound-therapy-market-to-2023-by-device-type-wound-type-end-user-300729421.html

SOURCE Research and Markets



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