In the same year, Europe acquired the second position in the global NPWT market on account of the augmented rate of transit accidents and increased incidence of chronic wounds.
Though both the regional markets are projected to record healthy growth during the forecast period, they are likely to lose ground to Asia Pacific market for NPWT. The conventional NPWT devices segment has been leading the overall market since the last decade.
Geographically, the report segments the worldwide NPWT market into Europe, North America, Asia Pacific, and the Rest of the World. The devices used in this therapy make use of a mechanical as well as an electrical suction pump to transfer negative pressure through connecting tubes to wound dressing kits to promote faster wound healing. The increasing incidence of chronic diseases, rising awareness among patients regarding healthcare, and favorable reimbursement scenario have boosted this regional market. North America emerged as the biggest regional market for NPWT in 2013., ConvaTec Inc.Transparency Market Research (TMR) has recently published a study on the global negative pressure wound therapy (NPWT) market, according to which, the market is anticipated to rise at a healthy CAGR of 10.transparencymarketresearch. explosion proof cctv camera Suppliers https://www.gaugecase.com/blel/speed-dome-camera-housing-bl-ex700.html Full Research Report on Global Negative Pressure Wound Therapy Market, and ArjoHuntleigh International AB are the major international players in the negative pressure wound therapy market, reports the study.9 bn by the end of the forecast period.0% over the forecast period.com/sample/sample.20% between 2014 and 2020.transparencymarketresearch.
According to the study, the NPWT market is likely to witness a robust rise in its valuation during the forecast period owing to the increasing incidence of acute and chronic wounds. These devices can be utilized for the treatment of pressure sores, traumatic wounds, surgical wounds, and chronic wounds such as venous stasis ulcers and diabetic foot ulcers.
Get Report Sample and Customization: , Genadyne Biotechnologies Inc., Smith & Nephew plc, Prospera Technologies LLC, Molnlycke Health Care AB, Kinetic Concepts Inc. The NPWT market in Asia Pacific is expected to gain from the strengthening economy, supportive government policies, and the soaring demand for technically advanced wound care products in the coming years, states the report.
The report has studied the global NPWT market on two fronts: Product and the region.
Devon Medical Inc. Based on product, the market has been categorized into single-use NPWT devices and conventional NPWT devices.
The shift in preference of patients from conventional NPWT devices to single-use devices, on account of the convenience and the cost benefits offered by the latter, is likely to propel this market segment significantly in the coming years, notes the study.
The research report, titled “Negative Pressure Wound Therapy Market (Conventional and Single Use NPWT Systems) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” estimates this market to increase from a total value of US$1.5 bn in 2013 to US$2. However, the single-use NPWT devices segment is projected to register a higher CAGR of approximately 17.
Negative pressure wound therapy is an advanced therapy that applies negative or sub-atmospheric pressure to a wound in a closed wound drainage system., Talley Group Ltd.

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