$1Billion Negative Pressure Wound Therapy Market (by 2021) Analysis and Forecasts Report

Aug 28, 2015, 06:00 ET from ReportsnReports

PUNE, India, August 28, 2015 /PRNewswire/ --

The MediPoint: Negative Pressure Wound Therapy - Global Analysis and Market Forecasts research report forecasts a 6.2% CAGR for NPWT market that is projected to value $1.07 Billion by 2021 from an estimated $700 million by 2014.

Complete report on negative pressure wound therapy market spread across 248 pages, mentioning 17 companies and supported with 128 tables and 48 figures is now available at http://www.reportsnreports.com/reports/419807-medipoint-negative-pressure-wound-therapy-global-analysis-and-market-forecasts.html .

The negative pressure wound therapy market growth, which will occur across the ten major countries of the US, France, Germany, Italy, Spain, UK, Japan, Brazil, China, and India, will be driven primarily by increasing physician awareness of the technique and its various applications. Despite the high cost associated with NPWT, physicians recognize the clinical benefits that it can provide over conventional techniques. The discovery of alternative applications for negative pressure wound therapy, such as bolstering skin grafts to enhance graft uptake, will further drive an increase in its use. As the education of physicians improves and they gain access to more robust clinical data from large, randomized trials, the outlook for the negative pressure wound therapy market looks strong, with room for further product improvement with next-generation devices and accessories.

The negative pressure wound therapy market for devices that can perform the treatment, including stand-alone devices, portable devices, disposable devices, and canisters, is expected to grow steadily through 2021. The development of increasingly lightweight portable NPWT devices will improve overall patient satisfaction with the treatment. With improvements in the design of NPWT devices, they have the potential to become the standard of treatment for acute and chronic wounds in the coming years. Increasing physician and patient awareness of NPWT as well as the rising prevalence of diseases directly associated with the onset of chronic wounds, such as diabetes mellitus and cardiovascular disease, are expected to drive the growth of the global negative pressure wound therapy market.

As mechanical devices greatly cut the manufacturing and maintenance costs associated with conventional NPWT, this negative pressure wound therapy market research expects this new technology to drive adoption in the emerging markets by offering an inexpensive and simplified treatment option. As first-generation, mechanically-powered NPWT devices have not been as clinically effective as electrically-powered technology, there is a market opportunity to develop a mechanical device that matches the efficacy of conventional equipment. Companies mentioned in this negative pressure wound therapy market report include ArjoHuntleigh Healthcare, Atmos MedizinTechnik, ConvaTec, Devon Medical Products, EquinoxO2 Medical, Genadyne Biotechnologies, Innovative Therapies, Kinetic Concepts, Medela, Mölnlycke Health Care, Prospera, Shangdong Wego Newlife Medical Device Co., Smith & Nephew, Spiracur, Talley Group, Triage Meditech and WuHan VSD Medical Science & Technology Co. Order a copy of MediPoint: Negative Pressure Wound Therapy - Global Analysis and Market Forecasts research report at http://www.reportsnreports.com/Purchase.aspx?name=419807 .

This report focuses on the global negative pressure wound therapy market in the 10 major markets (10MM) (US, France, Germany, Italy, Spain, UK, Japan, China, India, and Brazil) for treating acute and chronic wounds. This report provides insight into the competitive landscape, the marketed and pipeline products, the current and emerging players, and market analysis of each segment. The report identifies the unmet needs in negative pressure wound therapy market while providing an understanding of physicians' perceptions and decision-making processes in using and evaluating the adoption of different types of NPWT devices. Some of the key questions this research helps answer include what is the current and future NPWT market outlook in the developed and emerging markets? What trends are affecting the global market? Which are the key, high growth markets that manufacturers should expand into? Which markets are growing the fastest, and what are the top-selling products in each segment? What is physician perception and market outlook of NPWT? What are the challenges and complications of NPWT that have hindered widespread adoption? With developing the next-generation of NPWT devices, what aspects of the technology are device manufacturers focused on optimizing? How will new entrants impact the global negative pressure wound therapy market?

On similar lines, another market research titled Negative Pressure Wound Therapy (NPWT) - Pipeline Review, 2015 provides comprehensive information on the pipeline products with comparative analysis of the products at various stages of development. The report reviews major players involved in the negative pressure wound therapy market pipeline product development. It also provides information about clinical trials in progress, which includes trial phase, trial status, trial start and end dates, and, the number of trials for the key Negative Pressure Wound Therapy (NPWT) pipeline products. Companies like Invacare Corporation, LifeMedix, LLC, Montana State University, Otivio AS and Worldwide Innovative Healthcare are discussed in this negative pressure wound therapy market pipeline report available at http://www.reportsnreports.com/reports/403431-negative-pressure-wound-therapy-npwt-pipeline-review-2015.html .

A third research forecasts the global negative pressure wound therapy market to grow at a CAGR of 7.97% over the period 2014-2019. The report, Global Negative Pressure Wound Therapy Market 2015-2019, covers the Americas, and the APAC and EMEA regions; it also covers the Global Negative Pressure Wound Therapy market landscape and its growth prospects in the coming years. Based on technology, the market can be segmented as follows: Standard Negative Pressure Wound Therapy and Single-use Negative Pressure Wound Therapy. Companies like Kinetic Concepts, Mölnlycke Health Care, Smith & Nephew, Carilex, Coloplast, DeRoyal Industries, Devon Medical Products, Foryou Medical Electronics, Innovative Therapies, Medela, PAUL HARTMANN, Prospera, Spiracur and Talley Group are mentioned in this research available at http://www.reportsnreports.com/reports/358806-global-negative-pressure-wound-therapy-market-2015-2019.html .

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