Single-Use Negative Pressure Wound Therapy (NPWT) Devices: Worldwide Markets Through 2019-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 7, 2019--The “Global Single-Use Negative Pressure Wound Therapy (NPWT) Devices Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The NPWT devices market is to grow at a CAGR of over 9% during the forecast period.
The launch of new and advanced products in the market will drive the market’s growth
Product launches help companies in expanding their product offerings, penetrating various regions and strengthening their market presence. Competition among vendors results in the launch of advanced products. Vendors are launching new products as well as upgrading existing products with better features.
Rise in prevalence of diabetes
People with diabetes are prone to developing diabetic’s foot ulcers. Moreover, wound healing takes longer in diabetics compared with a healthy individual. Hence the demand for single -use NPWT devices for faster recovery of ulcers in diabetics is expected to increase, thereby driving the growth of global single-use NPWT devices market.
Presence of substitutes
The government in developing countries do not provide reimbursement for the use of single-use NPTW devices, resulting in healthcare facilities and patients opting for low-cost substitutes. In addition, traditional NPWT devices provide nearly all the features of single-use NPWT devices. They also provide the advantage of reusability, which is not possible in the case of single-use NPWT devices. Hence, the presence of substitutes will affect the market negatively.
Key PlayersAcelity Cardinal Health ConvaTec Mlnlycke Health Care Smith & Nephew
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATIONMarket segmentation by application Comparison by application Ulcers - Market size and forecast 2018-2023 Burn wounds - Market size and forecast 2018-2023 Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDSTechnological advances Increase in innovative business strategies Rise in collaboration between vendors and institutes
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Acelity Cardinal Health ConvaTec Mlnlycke Health Care Smith & Nephew
For more information about this report visit https://www.researchandmarkets.com/research/xf4xj6/singleuse?w=4
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Related Topics:Wound Care
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES PHARMACEUTICAL
SOURCE: Research and Markets
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PUB: 01/07/2019 06:13 AM/DISC: 01/07/2019 06:13 AM