Negative Pressure Wound Therapy Market To Surpass US$ 3,485.8 Million By 2027 - Coherent Market Insights

1. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Negative Pressure Wound Therapy Devices - Overview Global Negative Pressure Wound Therapy Devices Market, By Device Type (Standalone Devices, Single-use Devices, Portable Devices, and Accessories), by Application (Diabetic Foot Ulcers, Venous Leg Ulcers, Pressure Ulcers, and Burn Wounds), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027 Negative pressure wound therapy is also referred to as vacuum-assisted wound closure and is widely used for wound healing. It is also used in the removal of fluids from the site of the wound. Negative pressure wound therapy can be used in the treatment of acute, chronic wounds, pressure ulcers, skin flaps, diabetic ulcers, and others. Growing incidence of chronic wounds such as diabetic foot ulcers, rising awareness regarding the technologically advanced reimbursement policies in developed and emerging economies are projected to propel the growth of the negative pressure wound therapy derives. treatment modalities and favorable The global negative pressure wound therapy (NPWT) devices market was valued at US$ 1,989.8 million in 2018, and is expected to exhibit a CAGR of 6.5% over the forecast period (2019–2027). Browse Research Reports: https://www.coherentmarketinsights.com/market- insight/negative-pressure-wound-therapy-devices-market-103 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Growing incidence and prevalence of chronic wounds is projected to propel the demand for negative pressure wound therapy devices across the globe Rising prevalence of diabetes and other chronic wounds around the world is projected to raise the demand for efficient negative pressure wound therapy devices over the forecast period. For instance, according to report published by the American Diabetes Association in 2017, the annual incidence of diabetic foot ulcers in western countries is around 2%. Moreover, increasing geriatric population with the prevalence of leg ulcers and other chronic wounds is expected to foster the market growth of negative pressure wound therapy. For instance, according to NHS in U.K., prevalence of venous leg ulcers was 0.1- 0.3%, however, treatment cost was around US$ 506 – US$ 760 million annually. On the flips side, low awareness regarding NPWT devices in emerging and low-income economies is projected to hinder the growth of the market over the forecast timeframe. Key Players Major players operating in the global negative pressure wound therapy (NPWT) devices market include Smith & Nephew plc. 3M Company (ACELITY), Devon Medical, Paul Hartmann AG, Talley Group Limited, Coloplast A/S, ConvaTec Inc., Molnlycke Health Care AB, Medela AG, Kinetic Concepts, Inc., and Cardinal Health, Inc. Request a Sample copy of this reports :https://www.coherentmarketinsights.com/insight/request-sample/103 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Growing awareness regarding technologically advance treatment modalities and favorable reimbursement policies are the prime factors propelling growth of the global Negative Pressure Wound Therapy (NPWT) Devices Market Favorable reimbursement policies are major factors fueling the adoption of NPWT devices, especially in developed economies such as the U.S., Canada, Germany, Netherlands, Sweden, and Switzerland. For instance, in 2017, the U.S. Centers for Medicare and Medicaid Services (CMS) amended the reimbursement law for NPWT devices. According to the guidelines, the insurance coverage of NPWT devices and services has shifted from Home Health Prospective Payment System (HH PPS) to the Medicare Hospital Outpatient Prospective Payment System (OPPS). Moreover, the World Health Organization (WHO) announced a new guideline for treatment of surgical site infections in November 2016. According to this guideline, the WHO recommends using prophylactic negative pressure wound therapy devices (NPWT) in closed surgical incisions in high-risk wounds. This is projected to fuel the growth of the global negative pressure wound therapy devices market in the upcoming years. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/103 © Coherent market Insights. All Rights Reserved

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6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

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