Research and Markets: APAC Negative Pressure Wound Therapy and Negative Pressure Wound Therapy Consumables Market Forecasts & Opportunities, 2019
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/kkbnnp/apac_npwt_and) has announced the addition of the "APAC NPWT and NPWT Consumables Market Through 2019-Strategic Business Reports" report to their offering.
“APAC NPWT and NPWT Consumables Market Through 2019-Strategic Business Reports”
The Asia Pacific market for NPWT (Negative Pressure Wound Therapy) is forecast to grow at 10.4% annually between 2014 and 2019. Japan is anticipated to be the leading country followed by China in terms of value and volume, respectively.
APAC Negative Pressure Wound Therapy and Negative Pressure Wound Therapy Consumables Market Forecasts & Opportunities, 2019 analyzes the NPWT and consumables market for the continent and individual countriesJapan, Australia, India and China. It reviews historical trends and forecasts (2005-2019) the annualized trends for sales in terms of value and volume, market growth, pricing (Average Selling Price or ASP), competitive landscape, market share, market drivers and restrains.
It offers a cross-category comparison for the historical and forecast period. It also provides global industry developments for the last two years, including M&As, partnerships, clinical studies, pipeline, product approvals and launches, recalls and litigations, market dynamics, market drivers and restraints.
The growth expected in the APAC wound care market can be attributed to an expanding population and high prevalence of chronic wounds due to diabetic ulcers, arterial ulcers, etc. Growing confidence of physicians in NPWT technology and patient awareness are also among the major driving forces for this market. Further, the market is poised to grow due to high-growth portable NPWT systems which have been recently approved in Japan and Australia.
However, the NPWT market in the continent has not reached its full potential due to lack of awareness, high costs of procedure and consumables followed by a lack of availability. Additionally, there is a shortage of trained practitioners who can handle life-threatening complications, such as bleeding associated with NPWT use. Further, the market is restrained by its limitation of use on actively infected wounds, undrained and malignant wounds, tissue necrosis and fistulas. Moreover, growth in the Indo-China market is limited by the use of assembled NPWT systems which are much cheaper and therefore widely used over branded products.
- Kinetic Concepts Inc.
- Smith and Nephew
- Medela, Prospera
- Talley Group
- Mölnlycke Health Care
- Devon Medical Products
- Innovative Therapies Inc.
- Spiracur Inc.
- Talley Group Ltd.
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