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Negative pressure wunds therapy (NPWT) device system is the mst cmmnly used therapy t treat acute and chrnic wunds. These systems prmte wund healing, reduce the recurrent use f dressings (as in the case f dressing changes in traditinal wund care dressings), prvide efficient ptin fr management f clsed surgical incisin lines, and imprve patient well-being. They cnsist f a vacuum pump, drainage tubing, and a dressing set. The pump may be statinary r prtable that relies n AC r battery pwer, allws fr regulatin f the suctin strength, pssesses alarms t indicate lss f suctin, and has a replaceable cllectin canister. The dressing sets cntain either fam r gauze dressing t be placed in the wund and an adhesive film drape t seal the wund. The drainage tubes are available in a variety f cnfiguratins, depending n the dressings used and the wund being treated.
NPWT devices market is pised t reach $2,746 million by 2022 frm $2,082 million in 2015, growing at a CAGR f 4.0% frm 2016 t 2022. The growth f NPWT devices market is supported by the rise in incidence f chrnic diseases such as diabetes mellitus and besity, increase in patient awareness regarding cst-effective NPWT devices such as single-use dispsable devices, and casualties caused due t accidents and trauma. However, lack f evidence f clinical effectiveness and high cst f the NPWT devices in develping cuntries are expected t restrain the market grwth.
The reprt segments the NPWT devices market n the basis f prduct type, applicatin, end user, and gegraphy. Accrding t the prduct type, it is bifurcated int single-use NPWT devices and cnventinal NPWT devices market. n the basis f applicatin, it is divided int chrnic wunds and acute wunds. Cnsidering the end-user segment, the market is segregated int hspitals & clinics, ambulatry surgery centers, and hme care settings. Gegraphically, it is analyzed acrss Nrth America, Eurpe, Asia-Pacific, and LAMEA.
ver the past few years, the key players have adpted prduct develpment (including prduct launches, apprvals, and clinical trials) as its key develpmental strategy. Fr instance, in 2012, Smith & Nephew launched “PIC,” which is a single-use NPWT device. It is lightweight, dispsable, and perates withut a canister, and is therefre ideally suited fr delivery f NPWT t utpatients, patients at hme, and patients wh d nt want t have restricted mbility. Mrever, reimbursement plicies fr these devices have further increased the demand fr such prducts. Fr instance, Medicare created tw new HCPCS cdes (G0456 & G0457) t prvide a mechanism fr payment f NPWT using a dispsable device that is nt durable medical equipment (DME).
KEY BENEFITS FR STAKEHLDERS:
KEY MARKET SEGMENTS:
By Prduct Type
By End User
The key cmpanies perating in the NPWT devices market that are prfiled in the reprt include:
The ther majr players perating in the NPWT devices market include:
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