Negative Pressure Wound Therapy Market Outlook to 2025 - Development Strategies And Growth Opportunities

North America negative pressure wound therapy market is likely to procure significant revenue share in the succeeding years. The region comprises developed nations like the U.S and Canada, both of which rank among the world’s most overweight countries. On account of the high obesity rates, the prevalence of chronic ailments is high, which is a positive influence for the region’s negative wound vac therapy demand. Moreover, increasing FDA approvals for NPWT devices will further escalate North America negative pressure wound therapy industry.

One of the main factors propelling the global negative pressure wound therapy market is the rising prevalence of chronic disorders like diabetes and cancer. Bodily wounds, in such cases, if left untreated could lead to amputations. The adoption of NPWT devices for faster recovery and more effective treatment of such conditions will drive global negative pressure wound therapy industry share in the ensuing years.

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The global negative pressure wound therapy market is poised to garner substantial returns over the coming years owing to numerous benefits compared to conventional wound care methods. NPWT methods, also known as wound vac therapy, helps in wound healing by applying a vacuum using special sealed dressing. The vacuum draws out fluid from the wound and improves blood flow to the affected area.

On the basis of type, the negative pressure wound therapy market is bifurcated into single-use negative pressure or conventional negative pressure wound therapy. The single-use negative pressure wound therapy type has amassed hefty valuation in the past and is anticipated to continue its growth trend in the coming years. The use of single-use NPWT devices for faster recovery from burns, infections, and ulcers is estimated to increase given the rising prevalence of chronic ailments, which will continue to foster segmental growth.

Conventional NPWT devices are slated to witness considerable growth owing to the emergence of ambulatory surgical centers. Conventional NPWT treatments are inexpensive compared to advanced NPWT treatment, hence, ambulatory surgical facilities majorly depend on these treatments to provide low-cost services. Conventional NPWT therapy offers almost all features of single-use NPWT devices with the advantage of reusability, which would be a major factor influencing conventional NPWT devices market growth in the coming years.

The high success rates of NPWT devices will continue to encourage the adoption of negative pressure wound vac therapy. Furthermore, the proportion of industry players in the market is moderate, meaning there is scope for new entrants seeking growth opportunities in the NPWT industry, which will help expand market size in the future.

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Partial Chapter of the Table of Content

Chapter 4. Negative Pressure Wound Therapy Market, By Type

4.1. Key segment trends

4.2. Single-use

4.2.1. Market size, by region, 2014-2025 (USD Million)

4.3. Conventional

4.3.1. Market size, by region, 2014-2025 (USD Million)

Chapter 5. Negative Pressure Wound Therapy Market, By Wound Type

5.1. Key segment trends

5.2. Diabetic wounds

5.2.1. Market size, by region, 2014-2025 (USD Million)

5.3. Skin burns

5.3.1. Market size, by region, 2014-2025 (USD Million)

5.4. Pressure wounds

5.4.1. Market size, by region, 2014-2025 (USD Million)

5.5. Surgical wounds

5.5.1. Negative Pressure Wound Therapy Market size, by region, 2014-2025 (USD Million)

5.6. Venous leg ulcers

5.6.1. Market size, by region, 2014-2025 (USD Million)

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