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Negative Pressure Wound Therapy Market Outlook By Wound Type, End-Use and Regional Forecast To 2025

Author : Ronak Bora | Published Date : 2020-11-03 

Global negative pressure wound therapy market is estimated to gain momentous pace in forthcoming years owing to a rise in the number of accidents and their associated injuries on a global level. As per CDC (Centers for Disease Control and Prevention) estimates, the number of people that are killed in road accidents annually across the globe has expanded to 1.35 million.

Technological advancements in negative pressure wound therapy are estimated to augment negative pressure wound therapy market share over the forecast period. Many industry players are scaling up their R&D efforts to bring advancements to the negative pressure wound therapy field through products that are highly efficient and reliable.

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When it comes to wound type, the skin burns segment is slated to record a distinguished performance. In 2018, skin burn segment accounted for 20% of negative pressure wound therapy market share. Significant growth in the segment can be attributed to a rise in fire accidents and related trauma globally. As per World Health Organization estimates, around 180,000 deaths were registered in middle-and low-income countries due to fire accidents. In addition, annually more than 1 million people suffer from moderate to severe burn traumas in India alone.

In terms of end-use, the homecare segment has registered considerable gains over the past few years due to the availability of advanced, simplified, and smart negative pressure wound therapy devices. Single-use devices are portable and treat wound leakage in home settings. Additionally, homecare negative pressure wound therapy devices are canister-free that ensure patient convenience making them a viable option.

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 negative pressure wound therapy industry accounted for 42% of the overall revenue share. Moreover, presence of prominent industry players across the region, which when coupled with a favorable regulatory setup, are expected to drive market growth in the region.

Some of the prominent companies operating in the negative pressure wound therapy market include DeRoyal, Cardinal Health, ConvaTec, and Acelity among many others. Diabetes often leads to incidences of foot ulcerations mainly due to peripheral and autonomic neuropathy. The use of the latest negative pressure wound therapy devices towards the treatment of such issues has supplemented growth in the market.

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Partial Chapter of the Table of Content

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)

5.7. Others

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

Chapter 6. Negative Pressure Wound Therapy Market, By End-use

6.1. Key segment trends

6.2. Hospitals

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

6.3. Homecare settings

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

6.4. Others

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

Browse full table of contents (TOC) of this report @ https://www.decresearch.com/toc/detail/negative-pressure-wound-therapy-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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