DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Negative Pressure Wound Therapy Market By Product (Conventional, Single-Use), Wound Type (Diabetic Foot Ulcers, Pressure Ulcers, Venous Leg Ulcers, Burn Wounds), End Use (Hospitals, Homecare), And Segment Forecasts, 2014 - 2025" report to their offering.
The global negative pressure wound therapy (NPWT) market is anticipated to reach a value of USD 4.0 billion by 2025. Increasing awareness in the developing regions pertaining to advanced wound care is providing a significant opportunity to the key market players to cater to the unmet needs of the target population. The primary driver associated with this market is the cost-effectiveness of single-use negative pressure wound therapy devices.
Major companies are also focusing on education of reimbursement coveragein such regions to further increase the affordability of these devices. However, the current reimbursement policies mostly cover conventional NPWT devices owing to their high cost. Furthermore, the geriatric population is also contributing to a great extent toward increasing the prevalence of chronic diseases. Increasing age is one of the high risk factors leading to the development of chronic diseases such as atherosclerosis, which is one of the prime cardiovascular disorders prevalent in the geriatric population.
NPWT is one of the commonly accepted therapies employed for the treatment of arterial ulcers, which is one of the major complications of atherosclerosis. Around 50% of the people worldwide are exposed to fire-related traumas, among which, 90% of the cases occur in low to moderate income countries. Thus, the rising incidence of traumatic events is expected to engender a high demand for negative pressure wound therapy products.
Key Topics Covered:
1 Research Methodology
2 Executive Summary
3 Negative Pressure Wound Therapy Market Variables, Trends& Scope
4 Negative Pressure Wound Therapy Market: Product Estimates & Trend Analysis
5 Negative Pressure Wound Therapy Market: Wound Type Estimates & Trend Analysis
6 Negative Pressure Wound Therapy Market: End Use Estimates & Trend Analysis
7 Negative Pressure Wound Therapy Market: Regional Estimates & Trend Analysis, by Product, Wound Type, End Use
8 Competitive Landscape
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