Acelity L.P. Inc., Smith and Nephew and Molyncke Healthcare Are Dominating the Market for Global Negative Pressure Wound Therapy Devices Market in 2016 - PowerPoint PPT Presentation

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Acelity L.P. Inc., Smith and Nephew and Molyncke Healthcare Are Dominating the Market for Global Negative Pressure Wound Therapy Devices Market in 2016

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Global Negative Pressure Wound Therapy Devices Market is expected to reach USD 4,975.7 million by 2024 from USD 3,011.3 million in 2016, at a CAGR of 6.0%. – PowerPoint PPT presentation

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Title: Acelity L.P. Inc., Smith and Nephew and Molyncke Healthcare Are Dominating the Market for Global Negative Pressure Wound Therapy Devices Market in 2016


1
Global Negative Pressure Wound Therapy Devices
Market
Global Negative Pressure Wound Therapy Devices
Market accounted value of USD 4,975.7 million by
2024 forecast period is 2017 to 2024.
  • Global Negative Pressure Wound Therapy Devices
    Market is expected to reach USD 4,975.7 million
    by 2024 from USD 3,011.3 million in 2016, at a
    CAGR of 6.0.
  • The base year of calculation is 2016 and the
    forecast period is 2017 to 2024.

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rglobal-negative-pressure-wound-therapy-devices-m
arket
2
Report Description
  • The global negative pressure wound therapy
    devices market is highly concentrated to a few
    big players and rest to local players who cater
    to domestic markets only.
  • The global negative pressure wound therapy
    devices market is dominated Acelity L.P. Inc.,
    followed by Smith and Nephew and Molyncke
    HealthCare.

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3
Key Drivers
  • The major factors driving the growth of this
    market is rising aging and geriatric population
    and technological advancement in negative
    pressure wound therapy devices products,
    increased number of surgical procedures,
    government support for promoting negative
    pressure wound therapy, rising incidence of
    diabetes.
  • High cost of product may hinder the growth of the
    market.

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4
Market Segmentation
  • On the basis of wound type, the Global negative
    pressure wound therapy devices market is
    segmented into surgical wound is expected to
    dominate the Global negative pressure wound
    therapy devices market with 41.3 market share
    and is expected to reach USD 1,951.2 million by
    2024, growing with a CAGR of 5.3 in the forecast
    period 2017 to 2024.
  • On the basis of end-user, Global negative
    pressure wound therapy devices market is
    segmented into hospitals, wound care centres and
    community healthcare. In 2017, hospital is
    expected to dominate the Global negative pressure
    wound therapy devices market with 42.4 market
    share and is expected to reach USD 1,664.8
    million by 2024, growing with a CAGR of 2.5 in
    the forecast period 2017 to 2024.

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5
Key Points Global Negative Pressure Wound
Therapy Devices Market
  • Global negative pressure wound therapy devices
    market is dominated Acelity L.P. Inc., followed
    by Smith and Nephew and Molyncke Healthcare along
    with others such as 3M, ConvaTec Inc, among
    others.
  • The global stand-alone negative pressure wound
    therapy devices Devices market is expected to
    reach USD 1,465.5 million by 2024, from USD 859.9
    million in 2016, growing at the highest CAGR of
    7.2.
  • The global surgical wound market is expected to
    reach USD 1,951.2 million by 2024, from USD
    1,249.7 million in 2016, growing at a CAGR of
    8.7.

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6
About Data Bridge Market Research
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