The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest negative pressure wound therapy market share in 2022.

The global negative pressure wound therapy market is expected to grow from $2.26 billion in 2022 to $2.39 billion in 2023 at a compound annual growth rate (CAGR) of 5.89%. The market is expected to reach $2.97 billion in 2027 at a CAGR of 5.64%.

Major Driver In The Negative Pressure Wound Therapy Market ­– Growth In The Prevalence Of Diabetes
According to the International Diabetes Federation (IDF), almost 463 million people worldwide will have diabetes by 2020. The Southeast Asia region’s diabetic population is predicted to grow from 88 million in 2020 to almost 153 million by 2045. As a result, the negative pressure wound therapy market is being driven by the rising prevalence of diabetes.

View More On The Negative Pressure Wound Therapy Market Report 2023 – https://www.thebusinessresearchcompany.com/report/negative-pressure-wound-therapy-global-market-report

Key Negative Pressure Wound Therapy Market Segments
1) By Product: Conventional NPWT Devices, Single Use NPWT Devices
2) By Wound Type: Surgical And Traumatic Wounds, Ulcers, Burns
3) By End User: Hospitals, Homecare, Other End-Users

Recent Negative Pressure Wound Therapy Market Trend – Technological Advancement
Smith & Nephew, a UK-based medical equipment manufacturing business, announced the March 2020 launch of the new PICO 14 Single Use Negative Pressure Wound Therapy System (sNPWT), which is beneficial for high-risk surgical patients. This system’s pump can run for up to 14 days. These are beneficial in lowering the chances of wound complications.

Negative Pressure Wound Therapy Market Prominent Players
Major players in the negative pressure wound therapy market are Devon International Group, ConvaTec Group plc, DeRoyal Industries Inc., Smith & Nephew plc, Acelity L.P. Inc., Mölnlycke Health Care AB, ATMOS MedizinTechnik GmbH & Co. KG, Cardinal Health Inc., Talley Group Limited, Medela AG, Lohmann & Rauscher GmbH & Co. KG, TRIAGE MEDITECH PVT. LTD., Carilex Medical GmbH, Shandong Weigao Xinsheng Medical Devices Co. Lt, Genadyne Biotechnologies Inc., B. Braun Melsungen AG, Cork Medical LLC, BSN medical GmbH, Investor AB, Olle Larsson Holding AG, PAUL HARTMANN Asia-Pacific Ltd. and KCI Licensing Inc.

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The Negative Pressure Wound Therapy Global Market Report 2023  provides a comprehensive overview on the negative pressure wound therapy market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the negative pressure wound therapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Negative-pressure wound therapy (NPWT) is a therapeutic technique that use a vacuum dressing to promote healing in acute or chronic wounds, as well as to improve healing in second and third-degree burns.

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