Dublin, April 09, 2024 (GLOBE NEWSWIRE) -- The "Negative Pressure Wound Therapy (NPWT) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Negative Pressure Wound Therapy (NPWT) Market to Reach $4 Billion by 2030
The global market for Negative Pressure Wound Therapy (NPWT) estimated at US$2.5 Billion in the year 2023, is projected to reach a revised size of US$4 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2023-2030.
The provided information covers various aspects related to negative pressure wound therapy (NPWT). It starts with an introduction to wound management and NPWT, including its definition, indications, and contraindications. The document then discusses the factors driving the progression of NPWT, highlighting the strong growth experienced by single-use NPWT due to its inherent attributes and the increasing shift of wound care to home care settings.
Conventional NPWT, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$2.7 Billion by the end of the analysis period. Growth in the Single-Use NPWT segment is estimated at 6.7% CAGR for the next 8-year period.
Additionally, the document includes insights into the competitive landscape of the NPWT market, with the global key competitors' percentage market share in 2023. It also assesses the competitive market presence of players worldwide, categorizing them as strong, active, niche, or trivial. Furthermore, recent market activity and world brands in the NPWT industry are mentioned, providing a comprehensive overview of the market dynamics and key players in this sector.
The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 8.7% CAGR
The Negative Pressure Wound Therapy (NPWT) market in the U.S. is estimated at US$1.3 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$278.7 Million by the year 2030 trailing a CAGR of 8.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 5.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.
Exciting New Report Features
- Full access to influencer engagement stats
- Complimentary report updates for one year
- Competitor coverage with global market shares of major players
- Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
- Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Competition
- Negative Pressure Wound Therapy (NPWT) - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- Wound & Wound Management: A Prelude
- What is Negative Pressure Wound Therapy (NPWT)?
- Negative Pressure Wound Therapy: Indications and Contraindications
- Factors Driving Progression of Negative Pressure Wound Therapy
- Single Use NPWT Experience Strong Growth Bolstered by Inherent Attributes and Increased Shifting of Wound care to Home Care Settings
- Recent Market Activity
- World Brands
MARKET TRENDS & DRIVERS
- Growing Emphasis on Preventive Wound Healing Bodes Well for NPWT Market
- EXLeading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost from Leading Five Infections
- Rise in Caesarean Section Procedures Spurs Post-Operative Use of NPWT Devices
- Number of Cesarean Section Procedures in the US (per 1,000 live births): 2008-2019
- Technological Advancements and New Product Launches Crucial to Sustain Future Growth
- Advancements in Foams and Dressings Extend NPWT Application to Outpatient Settings
- Hybrid Negative Pressure Wound Therapy (hNPWT) Widens Growth Prospects
- NPWTi-d Takes Negative Pressure Wound Therapy to Next Level with Cost Benefits
- Rising Incidence of Chronic Wounds and Increasing HealthCare Burden Catalyze Growth Prospects
- Chronic Wounds: Select Statistics
- Global Prevalence of Wounds (in Millions)
- Healing Time by Type of Wound (in Days)
- How NPWT Aids in Healing of Acute Wounds
- Rise in Prevalence of Pressure Ulcers to Drive Growth
- EXHIBIT Pressure Ulcer Occurrence Rate Based on the Length of Surgery
- Global Epidemics of Diabetes and Increasing Incidence of DFUs to Propel Market Growth
- World Diabetes and Population Statistics (2019, 2030 & 2045)
- World Diabetes Prevalence (2000 - 2040P)
- Global Diabetes Mellitus Population Breakdown by Geographic Region: 2019, 2030 and 2045
- Aging Population: A Strong Growth Driver
- Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
FOCUS ON SELECT PLAYERS(Total 54 Featured)
- Advin Health Care
- 3M Company
- B. Braun Melsungen AG
- Cardinal Health, Inc.
- Avery Dennison Corporation
- DeRoyal Industries, Inc.
- Apria Healthcare Group, Inc.
- ATMOS MedizinTechnik GmbH & Co. KG
- Devon Medical Products
- Convatec Group PLC
- Genadyne Biotechnologies, Inc.
- Direct Healthcare Group
- Carilex Medical GmbH
- BenQ Materials Corporation - AnsCare
- HAROMED B.V.
For more information about this report visit https://www.researchandmarkets.com/r/4n51y6
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