Boston, MA -- (SBWIRE) -- 09/02/2016 -- Negative pressure wound therapy (NPWT) is a therapeutic technique used for the treatment of acute and chronic wounds. To accelerate the recovery process of any wound, removal of the accumulated fluid and infectious materials from the wound surface is necessary. The NPWT device helps in the suction of the accumulated fluid by applying around 125 mm Hg pressure. The NPWT system consists of a vacuum pump, foam or gauze wound dressing, drainage tubing, a canister for storage of surgical or medical aspiration fluid, and an adhesive film dressing to cover and seal the wounds.

Get More Details on this Report and a Full Table of Contents at Global Negative Pressure Wound Therapy Market 2016-2020

Technavio's analysts forecast the global negative pressure wound therapy (NPWT) market to grow at a CAGR of 8.06% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global negative pressure wound therapy (NPWT) market for 2016-2020. To calculate the market size, we consider the revenue generated from the sales of NPWT and its related products such as pumps and canisters that are used to diagnose acute and chronic wounds.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Negative Pressure Wound Therapy (NPWT) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Acelity
-Molnlycke Health Care
-4L Health
-Smith & Nephew
-Cardinal Health
-Devon Medical
-Paul Hartmann
-Medela

Other prominent vendors

-BSN medical
-Carilex Medical
-ConvaTec
-Equinoxo2 Medical
-Galaxy Medical Products
-Genadyne
-H&R Healthcare
-Innovative Therapies
-Pensar Medical
-PolyNovo
-Shandong Wego New Life Medical Device
-Talley Group
-Triage Meditech

Market driver

-Increased chronic leg ulceration in geriatric diabetic population
-For a full, detailed list, view our report

Market challenge

-High cost of NPWT systems leading to increased adoption of traditional wound care products
-For a full, detailed list, view our report

Market trend

-Increased use of single-use portable NPWT systems and disposable canisters
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Acelity, , Molnlycke Health Care, , 4L Health, , Smith & Nephew, , BSN medical, , Carilex Medical, , ConvaTec, , Equinoxo2 Medical, , Galaxy Medical Products, , Genadyne, , H&R Healthcare, , Innovative Therapies, , Pensar Medical, , PolyNovo, , Shandong Wego New Life Medical Device, , Talley, , Triage Meditech.

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