Negative Pressure Wound Therapy (NPWT) also known as Vacuum Assisted Closure (V.A.C) is a wound dressing technique that aids in healing acute and chronic or severe wounds and also aids in speedy recovery of severe burns. This is a non-pharmacological treatment used against several types of wounds such as venous ulcers, diabetic ulcers, pressure ulcers, arterial ulcers, severe burns and others. NPWT technique involves use of filler materials to seal the surface of wound followed by application of intermittent or constant pressure through vacuum pumps. The various filler materials used in NPWT includes open cell foams, honeycombed textiles with a dimpled wound contact surface or gauze and transparent films. This technique has many advantages over conventional methods of wound dressing which are as follows:
- Reduced hospitalization time
- Reduces pain
- Enhances healing process by reducing exudates and odor of the wounds
- Non-invasive treatment
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The market for negative pressure wound therapy holds immense growth potential majorly due to increased awareness among healthcare professionals and patients, higher efficacy of the procedure. The NPWT market can be segmented by product type, applications, end users and geography. The therapy devices commercially available are ultra violet therapy devices, low intensity therapy devices and others. Hospitals, health care centers are prime end users of the negative pressure wound therapy devices. North America, Europe, Asia-Pacific are some of the major regions included in the research study.
The major factors influencing the NPWT market growth are technological advances, high prevalence of chronic wounds (such as diabetic ulcers, arterial ulcers and others), high efficiency of the process compared to conventional processes and consistent rise in diabetic population across the world. Favorable reimbursement scenario further boosts the acceptance and uptake of this therapy. On the other hand high costs of the procedure followed by lack of availability are some of the factors that might hamper NPWT market growth. Some of the companies competing in this market are Kinetic Concepts Inc., Medela, Inc., Daewoong Co., Ltd., Smith & Nephew Plc, and Talley group Ltd.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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