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U.S. NPWT Devices Market - Opportunities and Forecast, 2017 - 2023

  • ID: 3772965
  • Report
  • September 2019
  • Region: United States
  • Allied Analytics LLP
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Negative Pressure Wound Therapy (NPWT) devices are used to heal wounds by applying sub-atmospheric pressure using sealed dressing connected to vacuum pump. The vacuum source generates negative pressure to remove fluids, exudates, and infectious materials from wound and increases the flow of blood for healing purposes. These devices also help in healing first & second degree burns, acute wounds, and chronic wounds. NPWT devices allows flow of fluids, such as antibiotics and saline to wound. Awareness among people along with increase in confidence in NPWT physicians present new avenues for NPWT devices.

The driving factors of the U.S. NPWT devices market are increasing aging population, rise in prevalence of chronic diseases such as diabetes, cardiovascular disease, peripheral vascular disease, and increase in the incidence of cancer and neurological disease. However, high cost of procedure and unfavorable government policies are factors restraining the market growth. The advancement in technologies enable faster wound healing present opportunities for growth of the market.

The U.S. NPWT devices market is segmented based on products, indication, and end user. The product segment is classified further into conventional stand-alone devices, conventional portable devices, and disposable devices. Based on indications, the market is further classified into diabetes foot ulcers, venous leg ulcers, traumatic wounds, pressure ulcers, partial thickness burns, and others. The market is segmented based on end-user segment into ambulatory settings & wound care centers, home healthcare centers, and long term care centers.

The prominent market players are Smith & Nephew PLC, Invacare Corporation, Mlnlycke Health Care, Talley Group Ltd., ConvaTec, Inc., Devon Medical Inc., Genadyne Biotechnologies Inc., Innovative Therapies Inc., ATMOS MedizinTechnik GmbH Co. KG, and MediTop B.V. They have implemented strategies, such as expansion, partnerships, mergers, and others to sustain in the market.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers a detailed analysis of key driving and hindering factors of the U.S. NPWT devices market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.
The report provides an extensive analysis of current and future market status of the U.S. NPWT devices market.
The report provides a comprehensive information about different active wound care products offered by prominent market players.
An extensive analysis of dominant market shares for each segment helps in understanding the current status of market.
The report provides an extensive information about new product launches, research and recent developments of the U.S. NPWT devices market.
An in-depth analysis of current research and clinical developments within the U.S. NPWT devices market is provided with key market dynamic factors that helps in understanding the behavior of the market.

KEY MARKET SEGMENTS:

By Product

Conventional Stand-Alone Devices
Conventional Portable Devices
Disposable Devices

By Indication

Diabetes Foot Ulcers
Venous Leg Ulcers
Traumatic Wounds
Pressure Ulcers
Partial Thickness Burns
Others

By End User

Ambulatory Settings & Wound Care Centers
Home Healthcare Centers
Long Term Care Centers

Key Market Player:

Smith & Nephew PLC
Invacare Corporation
Mlnlycke Health Care
Talley Group Ltd.
ConvaTec Inc.
Devon Medical Inc.
Genadyne Biotechnologies Inc.
Innovative Therapies Inc.
ATMOS MedizinTechnik GmbH Co. KG
MediTop B.V.



* This report will be delivered in 12 Business Days. *
Note: Product cover images may vary from those shown
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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