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A research study titled, “Negative Pressure Wound Therapy (NPWT) Market by Product, Application, and End User - Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the NPWT market is projected to be around $4 billion by 2025.
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Source : Crystal Market Research
A research study titled, “Negative Pressure Wound Therapy (NPWT) Market by Product, Application, and End User - Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the NPWT market is projected to be around $4 billion by 2025.
Negative Pressure Wound Therapy refers to the intermittent application of partial vacuum to a wound by means of a motorized pump. A controlled negative pressure environment increases the oxygenation of tissues and evacuates bacteria, edema fluid and exudate. The therapy has shown promising capabilities in assisting healing of chronic and acute wounds such as diabetic and pressure ulcers, partial burns and skin grafts. Diabetes is one of the most common chronic diseases worldwide and its prevalence is increasing. As per International Diabetes Federation, as of 2015, 415 million adults suffered from diabetes and this number is expected to reach 642 million by 2040.
Chronic wounds segment accounted for the largest share of global NPWT market in 2016, with diabetic foot ulcers market leading the segment, due to rising prevalence of chronic wounds such as diabetic foot ulcers. In addition to this, surgical wounds market is projected to be the fastest-growing segment over the forecast period.
Source : Crystal Market Research
North America held a major share of the overall market in 2016. This is primarily attributed to a number of factors such as the rising incidence of diabetes mellitus, rapidly aging population, increased adoption of technologically advanced NPWT products, and highly developed healthcare infrastructure.
Source : Crystal Market Research
This report contains Segment wise in-depth analysis in terms several segments along with market size forecasts and approximations to observe significant areas of industry growth in detail. Additionally, an executive summary, summarizing the entire report in such a way that decision-making team can speedily become familiar with background information, summarizing analysis and main conclusions.
Source : Crystal Market Research
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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Source : Crystal Market Research
