Negative Pressure Wound Therapy Global Market 2024 – By Size, Share, Trends, Demand, Forecast To 2033 | Devon International Group, ConvaTec Group plc., DeRoyal Industries Inc

The negative pressure wound therapy  market size is expected to see strongly grown in the next few years. It will grow to $3.84 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.  The growth in the forecast period can be attributed to prevalence of lifestyle-related diseases, home-based healthcare, global health crisis preparedness, patient preference for non-invasive treatments, value-based healthcare models, increasing incidence of chronic wounds. Major trends in the forecast period include technological innovations, telemedicine integration, personalized wound care, collaborations and partnerships, regulatory compliance and standardization.

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Segmentation & Regional Insights
The negative pressure wound therapy market covered in this report is segmented –
1) By Product: Conventional NPWT Devices, Single Use NPWT Devices
2) By Wound Type: Surgical And Traumatic Wounds, Ulcers, Burns
3) By End User: Hospitals, Homecare, Other End-Users

North America was the largest region in the negative pressure wound therapy market in 2023. Asia-Pacific is the fastest growing region in the negative pressure wound therapy market share.The regions covered in the negative pressure wound therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa.

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Major Driver Impacting Market Growth
The growing prevalence of diabetes is expected to propel the growth of the negative pressure wound therapy market. Diabetic foot ulceration (DFU) is the most common application area of negative pressure wound therapy. A diabetic person’s wounds are difficult to heal because people with uncontrolled diabetes may develop poor circulation, which results in less oxygenated circulation to the wound and the tissues do not heal as quickly. Thus, negative pressure wound therapy offers better graft take up than conventional dressing for diabetic patients. According to the International Diabetes Federation (IDF), in 2020, nearly 463 million people had diabetes in the world. The number of diabetic people in the Southeast Asia region is expected to increase from 88 million in 2020 to nearly 153 million by 2045. Therefore, the growing prevalence of diabetes drives the negative pressure wound therapy market.

Key Industry Players
Major companies operating in the negative pressure wound therapy market report are Devon International Group, ConvaTec Group plc., DeRoyal Industries Inc., Smith & Nephew plc, Acelity L.P. Inc., Mölnlycke Health Care AB, ATMOS MedizinTechnik GmbH & Co. KG, Cardinal Health Inc., Talley Group Limited, Medela AG, Lohmann & Rauscher GmbH & Co. KG, Triage Meditech Pvt. Ltd., Carilex Medical GmbH, Shandong Weigao Xinsheng Medical Devices Co. Lt, Genadyne Biotechnologies Inc., B. Braun Melsungen AG, Cork Medical LLC, BSN medical GmbH, Investor AB, Olle Larsson Holding AG, PAUL HARTMANN Asia-Pacific Ltd., KCI Licensing Inc., Arjo USA Inc., 3M Company, MPM Medical Inc., Prospera Technologies Inc., Innovative Therapies Inc., Laboratoires URGO, 4L Health Co. Ltd, Pensar Medical LLC, Virchow Biotech Pvt. Ltd., Arobella Medical LLC, Spincare Inc., Ursapharm Arzneimittel GmbH

The negative pressure wound therapy market report table of contents includes:
1. Executive Summary
2. Negative Pressure Wound Therapy Market Characteristics
3. Negative Pressure Wound Therapy Market Trends And Strategies
4. Negative Pressure Wound Therapy Market – Macro Economic Scenario
5. Global Negative Pressure Wound Therapy Market Size and Growth
…………………………
31. Global Negative Pressure Wound Therapy Market Competitive Benchmarking
32. Global Negative Pressure Wound Therapy Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Negative Pressure Wound Therapy Market
34. Negative Pressure Wound Therapy Market Future Outlook and Potential Analysis
35. Appendix

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