Analysis of Potential Impact of COVID-19 on Single-use Negative Pressure Wound Therapy Devices Market

Single-use Negative Pressure Wound Therapy Device: Introduction

Negative pressure wound therapy (NPWT) devices are class II devices (FDA) that consist of drainage tubing, vacuum pump, and wound dressing set, and need electricity to maintain their use
Negative pressure wound therapy (NPWT) is indicated for the treatment of wounds. The application of suction promotes wound healing and removes fluids such as bodily fluids, wound exudate, irrigation fluids, or infectious materials.
Negative pressure wound therapy can be indicated for use on sub-acute, acute, chronic, dehisce, and traumatic wounds, pressure ulcers, diabetic ulcers, skin grafts, and flaps
Single-use negative pressure wound therapy devices include powered pump, battery, and dressing without the canister. These devices are suitable for the treatment of low-to-moderate exuding wounds. The single-use negative pressure wound therapy devices deliver up to 80 mm Hg pressure.

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Key Drivers of Global Single-use Negative Pressure Wound Therapy Device Market

Increase in health awareness among individuals and rise in popularity of negative pressure wound therapy for the treatment of chronic and acute wounds are projected to fuel the growth of the global single-use negative pressure wound therapy devices market during the forecast period
Surge in the number of people with chronic and acute wounds is anticipated to drive the single-use negative pressure wound therapy devices market from 2020 to 2030

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Ulcers Segment to Account for Major Share of Global Market

In terms of application, the global single-use negative pressure wound therapy devices market can be bifurcated into ulcers and burn wounds
The ulcers segment is expected to dominate the global single-use negative pressure wound therapy devices market during the forecast period
Ulcers such as venous leg ulcers, diabetic foot ulcers, and pressure ulcers are commonly treated with single-use negative pressure wound therapy devices. Increase in incidence and prevalence of ulcer wounds is likely to drive the segment during the forecast period.

Hospitals to be Highly Attractive Segment

Based on end-user, the global single-use negative pressure wound therapy devices market can be classified into hospitals, clinics, ambulatory surgical centers, and others
The hospitals segment is projected to account for major share of the global single-use negative pressure wound therapy devices market by 2030
The segment’s dominance can be attributed to large patient pool with various types of ulcers and burns treated in hospitals

North America to Dominate Global Single-use Negative Pressure Wound Therapy Devices Market

In terms of region, the global single-use negative pressure wound therapy devices market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
North America is anticipated to dominate the global market during the forecast period. Rise in demand for high quality medical technologies, increase in education & awareness about wound care therapies, and presence of key players in countries such as the U.S. are expected to drive the single-use negative pressure wound therapy devices market in the region.

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Tuesday - April 23, 2024