Los Angeles, CA -- (SBWire) -- 04/26/2019 --Negative Pressure wound therapy (NPWT) is used to treat acute and chronic wounds. A vacuum source creates continuous or intermittent negative pressure inside the wound to remove fluid, exudates, and infectious materials to prepare the wound for healing and closure.1 NPWT systems consist of a vacuum pump, drainage tubing, foam or gauze wound dressing, and an adhesive film dressing that covers and seals the wound.
The global Negative Pressure Wound Therapy market was 1400 million US$ in 2018 and is expected to 2230 million US$ by the end of 2025, growing at a CAGR of 6.0% between 2019 and 2025.
North America is the largest market of negative pressure wound therapy, both in production and consumption. In 2015, North America supplied more than 60% and consumed more than 50% of the global negative pressure wound therapy.
Europe is the second largest market, following North America. Asia area is the emerging market with a higher growth rate. While the negative pressure wound therapy industry in Asia market is still underdevelopment with many hospitals and patients are still using common gauze to cure wound.
In recent years, disposable negative pressure wound therapy is more and more popular. Among them, PICO single use product provided by Smith & Nephew is outstanding.
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This report studies the Negative Pressure Wound Therapy market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Negative Pressure Wound Therapy in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Acelity (KCI)
Smith & Nephew
Cardinal Health
Devon
Medela
Triage Meditech
WuHan VSD
Talley Group
By the product type, the market is primarily split into
Conventional NPWT Devices
Disposable NPWT Devices
By the end users/application, this report covers the following segments
Hospitals
Clinics
Homecare
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Negative Pressure Wound Therapy Market Will Gauged at 6.0% CAGR to Reach 2230 Million US$ by the End of 2025
QYResearch is a leading market research publisher which pursuits high product quality with the belief that quality is the soul of business and consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience.