According to research report the negative pressure wound therapy market is expected to reach USD 2.72 billion by 2023 from USD 2.01 billion in 2017, at a CAGR of 5.2%. The base year for this study is 2017 and the forecast period is 2018–2023.
Growing prevalence of diabetes, increasing spending on chronic and surgical wounds, government initiatives to prevent SSIs, and high rate of cesarean sections in elderly mothers leading to increasing post-operative use of NPWT devices are some of the factors expected to drive market growth during the forecast period
The negative pressure wound therapy market is segmented by product type, wound type, end user, and region. By product type, the NPWT devices market is categorized into conventional NPWT devices, single-use NPWT devices, and accessories. The conventional segment is expected to account for the largest share of the global NPWT devices market in 2018. This segment is driven by the ability of conventional NPWT systems to manage severe wound exudates. However, high costs and the growing adoption of disposable NPWT devices are restraining market growth to a certain extent.
No comments:
Post a Comment