Negative Pressure Wound Therapy Market to Surpass Global Valuation of US$ 3 Bn by 2027
The global negative pressure wound therapy (NPWT) market is projected to behold substantial growth in terms of value during the forecast period (2016 to 2026), according to a new market study by XploreMR. The growth of the market is predominantly attributed to surging demand for advanced wound care, increased prevalence of diabetes, and the subsequent incidence of diabetic ulcers.
Furthermore, an increasing number of trauma injuries and burns are causing severe damage to skin that renders the wound bed dry, thereby propelling demand for NPWT. On this premise, single-use NPWT is gaining prominence among patients and medical professions over conventional products. On the back of these factors, the global NPWT market is forecasted to expand at an impressive rate and surge past a valuation of US$ 3 Bn by the end of 2027.
Technological Advancements in Healthcare Landscape Shape Growth Trajectory
In this report, XploreMR (XMR) offers a 10-year forecast of the global Negative Pressure Wound Therapy (NPWT) Market between 2016 and 2026. In terms of value, the market is expected to register a CAGR of 6.6% over the forecast period. This study demonstrates market dynamics and trends in all seven regions that are expected to influence the current environment and future status of the NPWT market over the forecast period.
This XMR report examines the NPWT market for the period 2016–2026. The primary objective of the report is to offer insights into developments in the NPWT market that are significantly helping transform growth trajectory of global businesses and enterprises associated with the same.
The NPWT market report begins by defining various types and listing usages of NPWT. It is followed by an overview of the market dynamics of the global NPWT market, which includes XMR’s analysis of the key trends, drivers, restraints, opportunities, regulations and government initiatives, which are influencing growth of the global NPWT market. Impact analysis of the key growth drivers and restraints based on the weighted average model has also been included in this report after analysis of individual regions, to better equip readers with meaningful insights on the ongoing developments in the market.
Negative Pressure Wound Therapy Market: Global Industry Analysis and Opportunity Assessment, 2016-2026Buy Now
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