NEW YORK, Oct. 25, 2016 /PRNewswire/ -- In this report,
Future Market Insights (FMI) offers a 10-year forecast of the
global Negative Pressure Wound Therapy (NPWT) Market between 2016
and 2026. In terms of value, the market is expected to register a
CAGR of 6.6% over the forecast period. This study demonstrates
market dynamics and trends in all seven regions that are expected
to influence the current environment and future status of the NPWT
market over the forecast period.
Report Description
This FMI report examines the NPWT market for the period 2016–2026.
The primary objective of the report is to offer insights into
developments in the NPWT market that are significantly helping
transform growth trajectory of global businesses and enterprises
associated with the same.
The NPWT market report begins by defining various types and listing
usages of NPWT. It is followed by an overview of the market
dynamics of the global NPWT market, which includes FMI's analysis
of the key trends, drivers, restraints, opportunities, regulations
and government initiatives, which are influencing growth of the
global NPWT market. Impact analysis of the key growth drivers and
restraints based on the weighted average model has also been
included in this report after analysis of individual regions, to
better equip readers with meaningful insights on the ongoing
developments in the market.
The primary factors fuelling demand for NPWT are growing incidence
of acute and chronic wounds, burn cases and major surgeries. Other
major factor driving demand for NPWT is rising prevalence of
chronic diseases directly related to the onset of chronic wounds
such as diabetes mellitus and cardiovascular diseases. Besides,
growing confidence of clinicians and physicians regarding NPWT,
rising patient awareness regarding cost-effective NPWT devices such
as portable and stand-alone devices and availability of low-cost
NPWT options in developing countries are among the other factors
expected to further fuel overall growth of the market over the
forecast period. However, a primary factor hampering growth of the
NPWT market is lack of skilled clinicians and complications
associated with NPWT devices.
Based on product type, the market has been segmented into
stand-alone NPWT devices, portable NPWT devices, single use
disposable NPWT devices and NPWT accessories (Canisters). A
detailed analysis of each segment has been provided in terms of
market size, Y-o-Y growth rate, absolute $ opportunity and BPS
analysis.
The report has been segmented based on end-users. Meanwhile, foray
of new hospitals is expected to lead to increasing demand for NPWT
devices. This trend is expected to be particularly prominent in
countries where access of people to healthcare services is on the
rise. These include countries in APAC and Latin American
countries.
The next section of the report highlights NPWT adoption by
region, and provides market outlook for 2016–2026. The study
discusses key regional trends contributing to growth of the NPWT
market worldwide, as well as analyses the extent to which drivers
are influencing this market in each region. Key regions assessed in
this report include North America,
Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan
(APEJ), Japan and the Middle East & Africa (MEA).
The above sections— by product type, end user and region — evaluate
the present scenario and growth prospects in the global NPWT market
for 2016–2026. We have considered 2014 as the base year, 2015 as
the estimated year and provided data for the forecast period, i.e.,
2016–2026.
To ascertain NPWT market size, we have also considered revenue
generated by device manufacturers. The forecast presented here
assesses the total revenue generated in the global NPWT market. In
order to offer an accurate forecast, we started by sizing up the
current market, which forms the basis of how the global NPWT market
is expected to develop in the future. Given the characteristics of
the market, we triangulated the outcome of three different types of
analysis based on supply side, downstream industry demand and the
economic envelope.
In addition, it is imperative to note that in an ever-fluctuating
global economy, we not only conduct forecasts in terms of CAGR, but
also analyse based on key parameters, such as year-on-year (Y-o-Y)
growth rates, to understand the predictability of the NPWT market
and to identify the right opportunities across the market.
The NPWT segments, by products, end user and region, are analysed
in terms of Basis Point Share (BPS) to understand the individual
segment's relative contributions to market growth. This detailed
level of information is important for identifying various key
trends in the NPWT market.
Another key feature of this report is the analysis of key segments
in terms of absolute dollar opportunity. This is traditionally
overlooked while forecasting the market. However, absolute dollar
opportunity is critical for assessing the level of opportunity that
a provider can look to achieve, as well as to identify potential
resources from a sales and delivery perspective of the NPWT
market.
To understand key growth segments in terms of growth and adoption
of NPWT globally, Future Market Insights developed the NPWT 'Market
Attractiveness Index'. The resulting index should help providers
identify the real market opportunities.
Key categories of providers covered in the report are NPWT
manufacturers. This section is primarily designed to provide
clients with an objective and detailed comparative assessment of
key providers specific to a market segment of the NPWT value chain
and the potential players with respect to the same. Report
audiences can gain segment-specific vendor insights to identify and
evaluate key competitors based on the in-depth assessment of their
capabilities and success in the NPWT marketplace.
Detailed profiles of the providers are also included in the
scope of the report to evaluate their long-term and short-term
strategies, key offerings, SWOT analysis and recent developments in
the NPWT market. Key market competitors covered in the report
include Kinetic Concepts, Inc., Smith & Nephew, ConvaTec Inc.,
PAUL HARTMANN AG, Medela, Mölnlycke
Health Care and Coloplast Corp.
Key Segments Covered
Product Type
Standalone NPWT Devices
Single use Disposable NPWT Devices
Portable NPWT Devices
NPWT Accessories (Canister)
By End-User
Hospital
Clinics
Home Care Settings
Key Regions/Countries Covered
North America
U.S.
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Western Europe
Germany
U.K.
France
Spain
Italy
Rest of Western Europe
Eastern Europe
Russia
Rest of Eastern Europe
Asia Pacific Excluding Japan (APEJ)
Greater China
India
Australia and New Zealand
Rest of APEJ
Japan
Middle East & Africa
GCC
Southern Africa
Rest of MEA
Key Companies
Kinetic Concepts, Inc.
Smith & Nephew
ConvaTec Inc.
PAUL HARTMANN AG
Medela
Mölnlycke Health Care
Coloplast Corp.
Read the full report:
http://www.reportlinker.com/p03884064-summary/view-report.html
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