Global Negative Pressure Wound Therapy Market - Forecast to 2019: Includes profiles of ConvaTec, Devon, Kinetic Concepts, Mölnlycke, Prospera, Smith & Nephew and Spiracur
DUBLIN, May 19, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/6vxg2s/negative_pressure) has announced the addition of the "Global Negative Pressure Wound Therapy Market - Forecast to 2019: Includes profiles of ConvaTec, Devon, Kinetic Concepts, Mölnlycke, Prospera, Smith & Nephew and Spiracur" report to their offering.
Negative Pressure Wound Therapy (NPWT) is an advance wound care therapy that applies subatmospheric or negative pressure to a wound in a closed drainage system. NPWT device uses an electrical suction pump to continuously or intermittently convey negative pressure through connecting tubes to specially designed wound dressings kits which include resilient foam and gauze dressings and thereby promote faster wound healing. NPWT promotes wound healing by reducing edema, by stimulating granulation tissue and cell proliferation as well as by increasing blood circulation.
NPWT systems can be used for the treatment of surgical wounds, traumatic wounds, chronic wounds such as diabetic foot ulcers and venous stasis ulcers as well as pressure sores. NPWT systems are segmented on the basis of type of devices into conventional NPWT systems and single use NPWT systems. Further, conventional NPWT systems are bifurcated on the basis of disposables into canisters, pumps and dressing kits. In addition, NPWT systems can also be used for the treatment of injuries associated with burns and meshed skin grafts.
The primary factors contributing to the growth of this market are globally increasing geriatric population; as well as increasing incidence and prevalence rate of chronic diseases such as cancer and diabetes leading to rise in chronic wounds. Moreover, high awareness about advance wound care devices and patient preference for the treatment with minimum side-effects are also driving the growth of this market.
In products segment, conventional NPWT systems account for the largest market segment while, single use NPWT systems market segment is growing with highest CAGR during forecast period from 2013 to 2019. NPWT market is witnessing a paradigm shift from usage of conventional NPWT systems towards single use NPWT systems owing to preference of patients towards portable and cost effective wound care devices. This shift in preference is mainly related to convenience of patients since they try to avoid bulky and expensive conventional NPWT systems compared to portable single use NPWT systems.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Negative Pressure Wound Therapy (NPWT) Market, by Products
Chapter 5 Global Negative Pressure Wound Therapy (NPWT) Market, by Geography
Chapter 6 Recommendations
Chapter 7 Company Profiles
- ArjoHuntleigh International AB
- ConvaTec Inc.
- Devon Medical Inc.
- Genadyne Biotechnologies Inc.
- Kinetic Concepts Inc.
- Medela AG
- Mölnlycke Health Care AB
- Prospera Technologies LLC
- Smith & Nephew plc
- Talley Group Limited
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SOURCE Research and Markets