LAS VEGAS, Nov. 07, 2017 (GLOBE NEWSWIRE) — The Global Negative Pressure Wound Therapy Market is anticipated to reach around USD 4 billion by the end of 2025 with registering itself at a higher compound annual growth rate (CAGR) during the forecast period. Negative-pressure wound therapy (NPWT) is a helpful strategy that makes use of a vacuum dressing to advance curing in intense or constant injuries and improve recuperating of second and severe burns. The therapy implies restricted application of sub-atmospheric pressure to the area where the local wound is situated. The therapy includes the controlled use of sub-atmospheric pressure to the local wound environment, utilizing a fixed injury dressing associated with a vacuum pump. The usage of this procedure in the management of wounds expanded significantly boosted the 2000s and an extensive number of studies have been circulated examining NPWT. NPWT seems to be helpful for diabetic ulcers and of the open abdomen (laparotomy) management but additionally inquiry is required for other types of wounds.
Drivers and Restraints of the market
One of the major components that will boost the market will be the rise of hospitals with enhanced services for wound care. Several hospitals are putting resources into the preparation and procurement of skilled healthcare staffs, for example, nurses and physicians, which will positively affect wound care administration and its services. Advancement in the healthcare segment, for example, the diminishment of readmissions to hospitals and the current increment in accessibility of ideal quality items will enhance the personal satisfaction for patients, which, thusly, will expand the prospects for market development. The requirement for NPWT has expanded extensively attributable to its benefits including enhanced healing of transplanted skin, decreased odds of wound diseases following open fractures and trauma, and reduced hospital mortality in patients with mediastinitis. However, unrecognized complexities of NPWT, for example, deaths and injuries because of infection caused, and absence of proof of clinical adequacy are relied upon to hinder the market development.
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Competitors and Market Classification
On the basis of product the market is segmented into Conventional NPWT Devices and Single-Use NPWT Devices. On the basis of application the market is segmented into Acute Wounds which is further bifurcated into Surgical Wound and Burns & Trauma; and Chronic Wounds which is further bifurcated into Pressure Ulcer, Venous Leg Ulcer, Diabetic Foot Ulcer and Arterial Ulcer. On the basis of end user the market is segmented into Ambulatory Surgery Centers (ASCs), Home Care settings and Hospitals & Clinics.
Major Market Players
- ConvaTec
- HARTMANN GROUP
- Cardinal Health
- Acelity
- Talley Group Ltd
- Smith & Nephew
- Mölnlycke Health Care
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Table of Contents:
- Introduction
- Executive Summary
- Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Reduced Duration of Hospital Stay For Patients
3.3.1.2. Rise in Awareness about Advanced Wound Care
3.3.1.3. Decreased Chances of Infection in Wounds
3.3.2. Restraints
3.3.2.1. Lack of Evidence of Clinical Effectiveness
3.3.3. Opportunities
3.3.3.1. Rising Cases of Casualties due to Accidents
3.3.3.2. Advantages in Chronic Diseases such as Diabetes Mellitus
3.4. Industry Trends - NPWT Devices Market, By Technique
- NPWT Devices Market, By Application
- NPWT Devices Market, By Region
- Company Profiles
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