LONDON, Sept. 29, 2016 /PRNewswire/ -- According to the new report "Global Negative Pressure Wound Therapy (NPWT) Devices Market Assessment & Forecast 2016 - 2020" by SA-Business Research & Consulting Group, North America continues to lead the combined negative pressure wound therapy (pumps and disposables) devices market with a share of 39.4% in 2015.
This report expounds on the negative pressure wound therapy devices market in six regions of North America, Europe, Asia-Pacific, Latin-America, Middle-East and Africa. Kinetic Concepts or KCI later acquired by Acelity is considered as a pioneer in introducing this technology with the U.S. FDA approval over two decades ago. North America has historically been an adopter in use of advanced medical technologies. In 2012, Smith & Nephew announced the first use of disposable PICO device. Following this, the demand for single-use NPWT devices has grown steadily. Companies are also expanding to emerging economies with a sight on prospective markets in countries with high public expenditure on healthcare infrastructure. Thus Asia-Pacific, Latin America and Middle-East are by far the most prospective regions for expanding markets.
This report provides market estimates by value and volume for three pumps types and two disposable products. The three pump types are single-use pumps, portable pumps and stationary or conventional pumps. Disposables include foam & dressing kits and exudate canisters. The report provides value and volume for all six regions with a forecast from 2016 to 2020 and base value estimates of years 2014 & 2015.
The report also covers over 20 companies operating in the negative pressure wound therapy devices market such as AC Engineering, ATMOS MedizinTechnik GmbH & Co. KG, Coloplast Group, Laminin Medical Products, Medela Inc, Paul Hartmann AG, Smith & Nephew, Talley Group, Acelity, Cardinal Health, Daewoong Pharmaceutical Co Ltd, Devon Medical Products, Prospera, Pensar Medical, Galaxy Medical Products Inc, ASSKEA GmbH, Caditec Medical & Technic GmbH, DeRoyal Industries, Amos Medical, ForYouNPWT, Inc, Genadyne, Lohmann & Rauscher GmbH & Co. KG, Molnlycke Healthcare, Qanun Medical, Triage Meditech and Equinox Medical. The global negative pressure wound therapy devices market is consolidated with top 6 manufacturers accounting for over 75% of the total market. Within the industry also thrives a large number of privatized companies.
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