The negative pressure wound therapy (NPWT) market has witnessed remarkable advancements with a significant impact on wound healing. NPWT involves the application of controlled suction to wounds, promoting faster recovery, reduced infection risk, and improved scar appearance. Technological innovations have led to portable and patient-friendly NPWT devices. These advancements have transformed wound care, allowing for outpatient treatment and increased quality of life for patients. The NPWT market continues to advance, contributing to more efficient and effective wound management.
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Data Bridge Market Research analyses that the Cesko Negative Pressure Wound Therapy Market value, which was USD 1.35 million in 2022, is expected to reach USD 1.81 million by 2030, at a CAGR of 3.70% during the forecast period 2023-2030. The rising incidence of chronic wounds, including diabetic ulcers and pressure sores, contributes to the growing demand for negative pressure wound therapy (NPWT). NPWT is an effective treatment option for accelerating the healing of challenging and persistent wounds.
Key Findings of the Study
Aging population is expected to drive the market's growth rate
The NPWT market is influenced by an aging population prone to chronic wounds due to reduced skin elasticity and slower healing processes. This demographic necessitates advanced wound care, and NPWT is an effective solution. NPWT aids in accelerating wound closure and reducing infection risks, making it a crucial treatment option for the elderly. As the elderly population grows, the demand for NPWT is rising to address their unique wound care needs.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Stand-Alone, Portable, Disposable), Type (Conventional, Single Use), Wound Type (Primary, Secondary, Tertiary), Patient Type (In-Patient, Out-Patient), Age (Pediatric, Adult, Geriatric), End User (Hospitals, Wound Care Centers, Ambulatory Centers, Home Healthcare, Clinics, Others), Distribution Channel (Direct Tenders, Retail Sales, Others)
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Market Players Covered
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Carilex Medical (Taiwan), Smith+Nephew (U.S.), Mölnlycke Health Care AB (Sweden), ConvaTec Group PLC (U.K.), MEDTRONIC (Ireland), PAUL HARTMANN AG (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The Cesko negative pressure wound therapy market is segmented on the basis of product type, type, wound type, patient type, age, end user, and distribution channel.
- On the basis of product type, the Cesko negative pressure wound therapy market is segmented into stand-alone, portable, and disposable.
- On the basis of type, the Cesko negative pressure wound therapy market is segmented into conventional, and single use.
- On the basis of wound type, the Cesko negative pressure wound therapy market is segmented into primary, secondary, and tertiary.
- On the basis of patient type, the Cesko negative pressure wound therapy market is segmented into in-patient, and out-patient.
- On the basis of age, the Cesko negative pressure wound therapy market is segmented into pediatric, adult, and geriatric.
- On the basis of end user, the Cesko negative pressure wound therapy market is segmented into hospitals, wound care centers, ambulatory centers, home healthcare, clinics, and others.
- On the basis of distribution channel, the Cesko negative pressure wound therapy market is segmented into direct tenders, retail sales, and others.
Major Players
Data Bridge Market Research recognizes the following companies as the Cesko negative pressure wound therapy market players in Cesko negative pressure wound therapy market are Carilex Medical (Taiwan), Smith+Nephew (U.S.), Mölnlycke Health Care AB (Sweden), ConvaTec Group PLC (U.K.).
Market Developments
- In May 2023, Smith+Nephew's PICO Single Use Negative Pressure Wound Therapy Systems secured an Innovative Technology contract from Vizient, Inc. This recognition is based on the recommendation of the systems by healthcare professionals who are part of Vizient's member-led councils. The agreement signifies the acknowledgment of the innovative nature and effectiveness of PICO Single Use Negative Pressure Wound Therapy in improving wound care and patient outcomes in hospital settings.
- In 2022, Smith+Nephew unveiled expanded applications for the PICO 7 and PICO 14 Single Use Negative Pressure Wound Therapy (sNPWT) Systems. Additionally, the FDA cleared the PICO 7Y System, designed to treat two wounds concurrently. This innovation contributes to reducing postoperative complications, including seroma, superficial incisional SSIs, and wound dehiscence in high-risk patients with Class I wounds.
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