Global Negative Pressure Wound Therapy Market to Touch US$2.9 bn by 2020, Increasing Incidence of Chronic Wounds Fuels Demand Transparency Market Research (TMR) has recently published a study on the global negative pressure wound therapy (NPWT) market, according to which, the market is anticipated to rise at a healthy CAGR of 10.20% between 2014 and 2020. The research report, titled “Negative Pressure Wound Therapy Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,� estimates this market to increase from a total value of US$1.5 bn in 2013 to US$2.9 bn by the end of the forecast period. Negative pressure wound therapy is an advanced therapy that applies negative or sub-atmospheric pressure to a wound in a closed wound drainage system. The devices used in this therapy make use of a mechanical as well as an electrical suction pump to transfer negative pressure through connecting tubes to wound dressing kits to promote faster wound healing. These devices can be utilized for the treatment of pressure sores, traumatic wounds, surgical wounds, and chronic wounds such as venous stasis ulcers and diabetic foot ulcers.
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