![]() ![]() Global Negative Pressure Wound Therapy (NPWT) Devices Market: Key Developments Thus, negatively impacting negative pressure wound therapy devices market. Pre-pandemic wound care model typically required visits to an outpatient facility (e.g., wound care center), which in response to the pandemic were misclassified as nonessential or limited access. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, U.A.E., Egypt, and others, faced problems with regard to the transportation of drugs and vaccines from one place to another. Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization had declared it a public health emergency on January 30, 2020.ĬOVID-19 has affected the economy in three main ways: by directly affecting production and demand of drugs and vaccines, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Global Negative Pressure Wound Therapy (NPWT) Devices Market– Impact of Coronavirus (COVID-19) Pandemic Global Negative Pressure Wound Therapy (NPWT) Devices Market Share (%), by Region, 2022 Product recall and complications associated with NPWT devicesįigure 2.Increase in the prevalence of chronic wounds and ulcers.KG, Talley Group Ltd, Cork Medical, LLC, and Devon Medical Products By End User: Hospitals, Home Care Settings, Others (Ambulatory Surgery Centers (ASCs), Specialty Clinics, etc.)ģM, Cardinal Health, Smith+Nephew, Genadyne, DeRoyal Industries, Inc., Medela AG, Convatec Inc., Mölnlycke Health Care AB, PAUL HARTMANN AG, ATMOS MedizinTechnik GmbH & Co.By Application: Diabetic Foot Ulcers, Pressure Ulcers, Venous Leg Ulcers, Burn Wounds, Others (Surgical Wounds, Traumatic Wounds, etc.).By Product Type: Single-use NPWT Devices, Conventional NPWT Devices.Africa: South Africa, North Africa, and Central Africa.Middle East: GCC Countries, Israel, and Rest of Middle East.Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific.Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe.Latin America: Brazil, Argentina, Mexico, and Rest of Latin America.In 2019, diabetes and kidney disease due to diabetes caused an estimated 2 million deaths, globally. Increase in the prevalence of diabetes is expected to the drive the market growth over the forecast period.įor instance, according to the World Health Organization (WHO), as of September 16, 2022, 422 million people globally have diabetes, and the prevalence has been rising more rapidly in low- and middle-income countries than in high-income countries. S., about US$ 11 billion is spent annually by the healthcare system for the prevention and treatment of pressure ulcers. Increasing prevalence of chronic wounds and ulcers among the global population is expected to drive the growth of the global negative pressure wound therapy (NPWT) devices market during the forecast period.įor instance, according to an article published in the National Library of Medicine, on October 5, 2020, titled “The Incidence of Pressure Ulcers and its Associations in Different Wards of the Hospital: A Systematic Review and Meta-Analysis,” it is estimated that about 2.5 million hospitalizations annually in the U.S. Global Negative Pressure Wound Therapy (NPWT) Devices Market- Drivers Global Negative Pressure Wound Therapy (NPWT) Devices Market Share (%), by Product Type, 2022 Global negative pressure wound therapy (NPWT) devices market is estimated to be valued at US$ 2,288.1 million in 2022 and is expected to exhibit a CAGR of 6.5% during the forecast period (2022-2030).įigure 1. ![]() NPWT may be indicated for use on chronic, acute, traumatic, sub-acute, and dehisced wounds, diabetic ulcers, pressure injuries, skin flaps, and grafts. ![]() NPWT is indicated for the application of suction (negative pressure) to promote wound healing and for the removal of fluids such as wound exudate, irrigation fluids, bodily fluids, or infectious materials. Negative pressure wound therapy (NPWT) systems are FDA class II devices that consist of a vacuum pump, drainage tubing, and wound dressing set requiring electricity to maintain its use. ![]() Information and Communication Technology. ![]()
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