The NPWT market is currently being driven by factors, such as the rising prevalence of chronic wounds and growing diabetic population. This leads to a higher number of diabetic foot ulcers and increase in the geriatric population across the world. Few factors are hindering the market growth, which includes the high cost of the NPWT therapy, and complications associated with NPWT devices. The market is witnessing continuous advancements in the products and technologies used. Companies, such as 3M (Acelity LP Inc.), Smith & Nephew, and ConvaTec Group PLC, hold large market shares, in the NPWT devices. Single-use NPWT products are gaining popularity over traditional products in the area of wound care treatment. For example, key players, like Smith & Nephew, have launched a single-use NPWT, PICO, which has gained tremendous popularity, worldwide. Fur ther, ConvaTec Inc. launched the Avelle™ Negative Pressure Wound Therapy (“NPWT”) system. It is the first and only device of this technology, combining negative pressure with the advantages of Hydrofiber® technology. Thus, advancements in technology in negative pressure wound therapy products may drive the market growth, during the forecast period.

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

5. MARKET SEGMENTATION

6. COMPANY PROFILES AND COMPETITIVE LANDSCAPE

7. MARKET OPPORTUNITIES AND FUTURE TRENDS