The Asia Pacific Market for NPWT (Negative Pressure Wound Therapy) is Forecast
to Grow at 10.4% Annually Between 2014 and 2019. Japan is Anticipated to be
the Leading Country Followed by China in Terms of Value and Volume,
LONDON and NEW YORK, July 1, 2014
LONDON and NEW YORK, July 1, 2014 /PRNewswire/ --
The expected growth in the APAC wound care market can be attributed to an
expanding population and high prevalence of chronic wounds due to diabetic
ulcers, arterial ulcers, etc. Growing confidence of physicians in NPWT
technology and patient awareness are also among the major driving forces for
this market. Further, the market is poised to grow due to high-growth portable
NPWT systems which have been recently approved in Japan and Australia.
The APAC region is one of the most attractive markets as it covers both
developed and developing economies with high potential. Among developed
nations, Japan has become a key market in the region after the 2010
reimbursement approval for NPWT. In Australia, the rate of amputation due to
diabetes is higher compared with some developed countries and there has been a
30 per cent increase in the number of diabetic-foot amputations in the last
decade. While amongst emerging economies, China and India represent a big
opportunity for the NPWT market because of high population growth, underserved
patients and an outburst of diabetes and related complications.
However, the NPWT market in the continent has not reached its full potential
due to lack of awareness, high costs of procedure and consumables followed by
a lack of availability. Additionally, there is a shortage of trained
practitioners who can handle life-threatening complications, such as bleeding
associated with NPWT use. Further, the market is restrained by its limitation
of use on actively infected wounds, undrained and malignant wounds, tissue
necrosis and fistulas. Moreover, growth in the Indo-China market is limited by
the use of assembled NPWT systems which are much cheaper and therefore widely
used over branded products.
The recently published strategic market report by ABMRG, " APAC NPWT and NPWT
Consumables Market through 2019 - Strategic Business Report ", analyzes the
NPWT and consumables market for the continent and individual countries-Japan,
Australia, India and China. It reviews historical trends and forecasts
(2005-2019) the annualized trends for sales in terms of value and volume,
market growth, pricing (Average Selling Price or ASP), competitive landscape,
market share, market drivers and restrains. It offers a cross-category
comparison for the historical and forecast period. It also provides global
industry developments for the last two years, including M&As, partnerships,
clinical studies, pipeline, product approvals and launches, recalls and
litigations, market dynamics, market drivers and restraints.
Reasons to buy:
- Analyze the market, business environment and growth opportunities.
- Formulate market and business strategies based on market trends, market
drivers, market restraints and challenges in the APAC NPWT and consumables
- Frame competitive product launch and product strategies based on competitive
landscape in APAC and individual countries.
- Design capital investment strategies based on forecast high potential
- Capitalize opportunities in high-growth geographies and attractive markets.
- Identify in-licensing and out-licensing opportunities, and recognize
potential business partners and M&A targets.
- Plan for raw material and inventory in advance.
- Prepare management and strategic presentations using the market data.
Key companies covered: Kinetic Concepts Inc.(NYSE:KCI), Smith and
Nephew(NYSE:SNN), Prospera, Talley Group Ltd., Mölnlycke Health Care, Devon
Medical Products, DeRoyal, Innovative Therapies Inc., Spiracur Inc.
The 58-page report consists of 40 data charts and 40 data tables.
Comprehensive TOC and more details on the report are available at
Other strategic market reports:
North America Wound Care Market Opportunity and Growth Trends Forecast Till
Russia Wound Closure Devices Market Forecast To 2018
Australia Wound Closure Devices Market Outlook and Trends Till 2018
Netherlands Wound Dressings Market Outlook, 2005 - 2018
China Wound Dressings - Market Size, Growth Rates and Competitive Landscape
ABMRG (Ace Business and Market Research Group) is a research and consulting
firm focused on medical technology and pharmaceuticals. It offers
comprehensive research and analytical studies targeting company, country and
therapeutic sector, highlighting market dynamics, vital trends, business
strategies, clinical pipeline and technology advancements. Its cutting edge
reports empower companies to make smarter, effective and faster strategic
decisions for business growth. For more information, visit
Contacts: +91-9904651222 +91-261-2216406 email@example.com firstname.lastname@example.org
Press spacebar to pause and continue. Press esc to stop.