The report forecasts the global negative pressure wound therapy (NPWT) market to grow at a CAGR of 8.06% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Increased use of single-use portable negative pressure wound therapy systems and disposable canisters will be a key trend for market growth. Single-use NPWT systems consist of dressing materials and a powered pump without the canister. Single-use NPWT systems reduce staff time and the cost of the therapy when compared with standard NPWT system. In addition, they reduce the length of stay of individuals in hospitals and are easy to use.
According to the report, advancements in negative pressure wound therapy device technology will be a key driver for market growth. Technological innovations in wound care products have significantly influenced the use and preference for advanced products over traditional ones by clinicians and individuals. These advanced wound care products are highly efficient and safe and have a better wound healing capability, which will eventually reduce hospital stays. Various companies develop different technologies and products to increase patient adoption. Companies are trying to develop products that are easy to use and cost-effective.
Further, the report states that high cost of negative pressure wound therapy systems will be a challenge for the market.
- Mölnlycke Health Care
- 4L Health
- Smith & Nephew
- Cardinal Health
- Devon Medical
- Paul Hartmann
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Economic evaluation of NPWT
PART 07: Market segmentation by product
PART 08: Market segmentation by application
PART 09: Market segmentation by end-user
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/7m54rb/global_negative
Related Topics: Wound Care
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-negative-pressure-wound-therapy-market-to-grow-806-by-2020---increased-use-of-single-use-portable-npwt-systems--disposable-canisters---research-and-markets-300317016.html
SOURCE Research and Markets