Asia-Pacific Negative Pressure Wound Therapy Devices Market By Product Type (Stand-Alone, Portable, Disposable), Wound Type (Surgical Wound, Diabetic Ulcers, Burn, Pressure Ulcers, Venous Ulcers, Others), End User (Hospitals, Wound Care Centers, Ambulatory Centers, Home Healthcare, Clinics, Community Centers), Distribution Channel (Direct Tenders, Retail), Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific) Industry Trends and Forecast to 2027
Negative pressure wound therapy devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 667.68 million by 2027 growing at a CAGR of 5.21% in the above-mentioned forecast period. The high rate of cesarean section in elderly mothers will help in driving the growth of the negative pressure wound therapy devices market.
Increasing occurrences of chronic diseases, growing expenditure on chronic and surgical wounds, government initiatives to prevent SSIs, and favorable reimbursement will likely accelerate the growth of the negative pressure wound therapy devices market in the forecast period of 2020-2027. On the other hand, the growing healthcare sector along with rising applications from emerging economies will further boost various opportunities that will lead to the growth of the negative pressure wound therapy devices market in the above-mentioned forecast period.
The high cost of NPWT devices and low adoption will likely hamper the growth of the negative pressure wound therapy devices market in the above-mentioned forecast period.
The stringent regulatory policies by the government are posing a challenge to the negative pressure wound therapy devices market.
This negative pressure wound therapy devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on negative pressure wound therapy devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Negative Pressure Wound Therapy Devices Market Scope and Market Size
Negative pressure wound therapy devices market is segmented on the basis of product type, wound type, end user and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, the negative pressure wound therapy devices market is segmented into stand-alone, portable and disposable
- On the basis of wound type, the negative pressure wound therapy devices market is segmented into surgical wound, diabetic ulcers, burn, pressure ulcers, venous ulcers and others
- Negative pressure wound therapy devices market has also been segmented based on the end user into hospitals, wound care centers, ambulatory centers, home healthcare, clinics and community centers
- Based on distribution channel, the negative pressure wound therapy devices market is segmented into direct tenders and retail
Negative Pressure Wound Therapy Devices Market Country Level Analysis
Negative pressure wound therapy devices market is analysed and market size insights and trends are provided by country, product type, wound type, end user and distribution channel as referenced above.
The countries covered in the negative pressure wound therapy devices market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 with China as an emerging leader due to growing cases of chronic wounds, which includes diabetic foot ulcers, venous leg ulcers and pressure ulcers. The role of government in establishing healthcare facilities at large scale is also driving the market growth.
The country section of the negative pressure wound therapy devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Negative Pressure Wound Therapy Devices Market Share Analysis
Negative pressure wound therapy devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to negative pressure wound therapy devices market.
The major players covered in the negative pressure wound therapy devices market report are Acelity L.P. Inc., Smith and Nephew, Mölnlycke Health Care AB., Cardinal Health., DeRoyal Industries, Inc., Genadyne, Devon International Group, Inc., Medela, Carilex Medical Inc., Equinox Medical Technologies B.V. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Asia-Pacific Negative Pressure Wound Therapy Devices Market
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