Negative Pressure Wound Therapy Devices Market Analysis 2018: Global Demand, Competitors and Future Industry Growth Study

“Negative Pressure Wound Therapy Devices Market”
Negative Pressure Wound Therapy Devices market segments furthermore because the rising segments which might anticipate the forecast Negative Pressure Wound Therapy Devices market’s development within the returning years.

Global Negative Pressure Wound Therapy Devices Market is expected to reach USD 4,975.7 million by 2024 from USD 3,011.3 million in 2016, at a CAGR of 6.0%. The major factors driving the growth of this market are rising aging and geriatric population and technological advancement in negative pressure wound therapy devices increased number of surgical procedures, government support for promoting negative pressure wound therapy rising incidence of diabetes. On the other hand, high cost of products and availability of substitute products hinders the market growth.

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The Negative pressure wound therapy devices report contains information for historic years 2015 & 2016, the bottom year of calculation is 2017 and also the forecast amount is 2018 to 2025. Some of the Major Players Operating in this Market are:-

  • Acelity L.P. Inc.,
  • Smith and Nephew,
  • ConvaTec Inc.,
  • Molyncke Healthcare,
  • Convatech Inc. among others.

Key Points: Global Negative Pressure Wound Therapy Devices Market

  • Global negative pressure wound therapy devices market is dominated Acelity L.P. Inc., followed by Smith and Nephew and Molyncke Healthcare along with others such as 3M, ConvaTec Inc, among others.
  • The global stand-alone negative pressure wound therapy devices Devices market is expected to reach USD 1,465.5 million by 2024, from USD 859.9 million in 2016, growing at the highest CAGR of 7.2%.
  • The global surgical wound market is expected to reach USD 1,951.2 million by 2024, from USD 1,249.7 million in 2016, growing at a CAGR of 8.7%.

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Market Segmentation: Global Negative Pressure Wound Therapy Devices Market

  • Global negative pressure wound therapy devices market is segmented on the basis of
  • On the basis of product type, the Global negative pressure wound therapy devices market is segmented into
  •  In 2017, standalone negative pressure wound therapy devices segment is expected to dominate the Global negative pressure wound therapy devices market with 51.1% market share and is expected to reach USD 2,104.7 million by 2024, growing with a CAGR of 3.2% in the forecast period 2017 to 2024.
  • On the basis of wound type, the Global negative pressure wound therapy devices market is segmented into
  • In 2017, surgical wound is expected to dominate the Global negative pressure wound therapy devices market with 41.3% market share and is expected to reach USD 1,951.2 million by 2024, growing with a CAGR of 5.3% in the forecast period 2017 to 2024.
  • On the basis of end-user, Global negative pressure wound therapy devices market is segmented into
  • In 2017, hospital is expected to dominate the Global negative pressure wound therapy devices market with 42.4% market share and is expected to reach USD 1,664.8 million by 2024, growing with a CAGR of 2.5% in the forecast period 2017 to 2024.
  • On the basis of distribution channel, Global negative pressure wound therapy devices market is segmented into
  • In 2017, direct tenders is expected to dominate the Global negative pressure wound therapy devices market with 79.0% market share and is expected to reach USD 4,122.3 million by 2024, growing with the highest CAGR of 6.8% in the forecast period 2017 to 2024.
  • Product Type,
  • Wound Type,
  • End User And
  • Distribution Channel.
  • Stand-Alone Negative-Pressure Wound Therapy Devices
  • Portable Negative-Pressure Wound Therapy Devices
  • Disposable Negative-Pressure Wound Therapy Devices
  • Surgical Wound
  • Diabetic Ulcers
  • Burns
  • Pressure Ulcers
  • Venous Ulcers And Others
  • Hospitals
  • Wound Care Centers
  • Ambulatory Centers
  • Home Healthcare
  • Clinics And Community Healthcare
  • Direct Tenders And
  • Distributor & Retails

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