Negative Pressure Wound Therapy (NPWT) Market to Grow at 7% CAGR by 2019 Says a New Research Report at ReportsnReports.com

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Global Negative Pressure Wound Therapy Market 2015-2019 says the rise in the use of single-use negative pressure wound therapy system is the latest market trend observed. Smith & Nephew plc, Kinetic Concepts, Inc. and Molnlycke Health Care are profiled as the key players of Negative Pressure Wound Therapy Market.

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The Global Negative Pressure Wound Therapy Market 2015-2019 report analyst says, “There is increasing use of single-use negative pressure wound therapy systems, which reduce staff time and treatment costs compared to standard negative pressure wound therapy systems. In addition, they reduce the length of stay of patients in hospitals and are easy to use.“ Diabetic foot ulcers are a primary complication of diabetes mellitus, making diabetes the leading cause of non-traumatic lower extremity amputations worldwide. The adoption of negative pressure wound therapy products can help prevent many of these complications, and this is expected to drive negative pressure wound therapy market growth during the forecast period.

The complete report on Global Negative Pressure Wound Therapy Market 2015-2019 is available at http://www.reportsnreports.com/reports/358806-global-negative-pressure-wound-therapy-market-2015-2019.html. The new report has 72 pages and provides 28 Exhibits. Smith & Nephew's PICO delivers a patient-friendly and affordable negative pressure wound therapy system that is easy to use and helps reduce the length of a patient’s stay in hospital.

The analysts forecast Global Negative Pressure Wound Therapy market to grow at a CAGR of 7.97% over the period 2014-2019.

According to the report, the Global Negative Pressure Wound Therapy market is mainly driven by an increased prevalence of diabetes. With the increase in the prevalence of diabetes, comorbidities related to it are also on the rise. As a result, wound care after surgery, injury, or disease, has gained importance. Proper wound care improves the wound healing process to improve the quality of life for patients and prevents infection and other complications associated with wounds. The latest report also emphasizes single-use negative pressure wound therapy systems that consist of dressing materials and a powered pump without the canister. Compared to conventional negative pressure wound therapy systems, these systems reduce staff time and cost of therapy.

The report recognizes the following companies as the key players in the Global Negative Pressure Wound Therapy Market: Kinetic Concepts, Inc., Mölnlycke Health Care and Smith & Nephew plc.

Other Prominent Vendors in the market are: Carilex, Coloplast, DeRoyal Industries, Devon Medical Products, Foryou Medical Electronics, Innovative Therapies, Medela, PAUL HARTMANN, Prospera, Spiracur and Talley Group.

Purchase a Copy of Global Negative Pressure Wound Therapy Market 2015-2019 report at http://www.reportsnreports.com/Purchase.aspx?name=358806.

Market Scope and Calculation of Market Size:
The new report covers the current scenario and growth prospects of the Global Negative Pressure Wound Therapy Market from 2015-2019. To calculate the market size, the report considers revenue generated from the following two segments:

  •     Standard Negative Pressure Wound Therapy
  •     Single-Use Negative Pressure Wound Therapy

The report states that the lack of awareness about technological innovations is a major challenge in the market. People continue to opt for traditional wound treatments such as woven and non-woven sponges, conforming bandages, and non-adherent dressings, which is hindering market growth.

Market Growth Drivers: Rise in Prevalence of Diabetes

Market Challenges: Lack of Awareness

Market Trends: Increased Use of Single-Use Negative Pressure Wound Therapy Systems

Other Related Report:
Global Advanced Wound Care Market 2014-2018 (http://www.reportsnreports.com/reports/297315-global-advanced-wound-care-market-2014-2018.html): Analysts forecast the Global Advanced Wound Care market to grow at a CAGR of 4.69% over the period 2013-2018.

This report covers the present scenario and the growth prospects of the Global Advanced Wound Care market for the period 2014-2018. To calculate the market size, this reports considers the revenue generated from the following three segments:

  •     Device-based Advanced Wound Care
  •     Moist Wound Care
  •     Wound Care Biologics

Key Vendors: 3M, Coloplast, ConvaTec, Kinetic Concepts, Mölnlycke Health Care and Smith & Nephew

Other Prominent Vendors: B. Braun Melsungen, C.R. Bard, Covidien, Derma Sciences, Ethicon, Paul Hartmann and Systagenix Wound Management.

Market Driver: Increased Prevalence of Diabetes and Obesity

Market Challenge: Lack of Clinical Evidence

Market Trend: Increased Demand for Combination Dressing

Browse Other Reports by Infiniti Research at http://www.reportsnreports.com/publisher/infiniti-research-limited/ .

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