Global Negative Pressure Wound Therapy (NPWT) Devices Market - Trends, Analysis, Size & Forecast til

Negative Pressure Wound Therapy Devices MarketGLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2016-2024

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REPORT DESCRIPTION Global Negative Pressure Wound Therapy (NPWT) Devices Market – Overview Following a surgery, incisions are usually closed using sutures, staples or adhesives. However, in case of chronic wounds, where the risk of infection is high, wound may be left open to heal from ‘bottom-to-top’. In such cases, treatment options include wound dressings and use of negative pressure wound therapy (NPWT) devices. NPWT removes tissue fluid and any debris from the wound, and tightly covers the wound with the dressing. This therapy is touted to provide early recovery and relief from pain. Increasing awareness and availability of reimbursement has been the major driving factors for adoption of NPWT devices especially in developed economies such as the U.S., Canada, Germany, Netherlands, Sweden, and Switzerland.

The Centers for Medicare and Medicaid Services (CMS) amended the reimbursement law for NPWT device effective January 2017. According to the new guidelines, the insurance coverage of NPWT device and service has been shifted from Home Health Prospective Payment System (HH PPS) to the Medicare Hospital Outpatient Prospective Payment System (OPPS). Moreover, the World Health organization (WHO) announced a new guideline for treatment of surgical site infections in November 2016. According to this guideline, the WHO recommends the use of prophylactic negative pressure wound therapy devices (NPWT) in closed surgical incisions in high-risk wounds. This is expected to support the growth of global negative pressure wound therapy devices market in near future. © Coherent market Insights. All Rights Reserved

REPORT DESCRIPTION Global Negative Pressure Wound Therapy (NPWT) Devices Market Taxonomy: This report segments the global negative pressure wound therapy devices market on the basis of device type, application, and geography. On the basis of device type, the market is segmented into standalone devices, singleuse devices, portable devices, and accessories. Applications of NPWT devices covered as part of the report are diabetic foot ulcers, venous leg ulcers, pressure ulcers, burn wounds, and others. For comprehensive understanding of market dynamics, the global negative pressure wound therapy devices market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East.

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macrolevel understanding of the market.

Use of NPWT can greatly reduce the cost of treatment of chronic wounds, as the frequency of change in dressings reduces and also the device can serve for up to a month of therapy duration. This would favor the negative pressure wound therapy devices market growth in near future.

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REPORT DESCRIPTION Global Negative Pressure Wound Therapy Devices Market: Key Players Major players involved in the Global Negative Pressure Wound Therapy Devices Market include: ●

Smith & Nephew plc

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Devon Medical

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Paul Hartmann AG

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Talley Group Limited

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Coloplast A/S

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ConvaTec Inc

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Molnlycke Health Care AB

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