Vacuum Therapy Devices Market to be Dominated In medical devices Industry

Vacuum therapy devices are medical suction devices primarily used for different vacuum therapy and impotence disorders, such as negative pressure wound therapy (NPWT).

Vacuum therapy devices are medical suction devices primarily used for different vacuum therapy and impotence disorders, such as negative pressure wound therapy (NPWT). Vacuum therapy devices help to heal wounds by negative pressure wound therapy for acute and chronic wounds like diabetic ulcers, arterial ulcers, and burns by using sub-atmospheric pressure. NPWT devices comprise of vacuum pump, advanced wound dressing, and drainage tubing and provide wound healing by applying pressure through a wound dressing. It is designed to regulate the power of suction. The pressure upsurges blood supply to the damaged area and draws out pus and debris from the wound. Many vacuum therapy devices are widely available in different sizes and shapes depending on the size of the wound to be treated and the patient’s body shape. Vacuum therapy devices like vacuum pumps are either fixed or moveable and are powered by alternating current or batteries. Vacuum devices for NPWT are of two types, including standalone and portable NPWT devices. It includes smart features such as an alarm indication for loss of pressure and a replaceable canister.

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Here we have listed the top Vacuum Therapy Devices Market companies

  • Molnlycke Health Care AB
  • 3M (Acelity LP Inc.)
  • Coloplast Corp.
  • Augustam Medical Systems
  • Vacurect
  • Smith & Nephew PLC
  • Boston Scientific Corporation
  • Cardinal Health
  • ConvaTec
  • Pryoga

Highlights the following key factors:

1) Business description-A detailed description of the company’s operations and business divisions.

2) Corporate strategy – Analyst’s summarization of the company’s business strategy.

3) SWOT Analysis-A detailed analysis of the company’s strengths, weakness, opportunities, and threats.

4) Company history – Progression of key events associated with the company.

5) Major products and services-A list of major products, services, and brands of the company.

6) Key competitors – A list of key competitors to the company.

7) Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.

8) Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 7 years history.

MARKET SEGMENTATION

  • Based on portability, the global vacuum therapy devices market is segmented into portable vacuum therapy devices and non-portable vacuum therapy devices.
  • On the basis of technology, the market is segmented into manual and electrically powered.
  • On the basis of application, the market is segmented into chronic wounds, diabetic foot ulcers, erectile dysfunction, traumatic wounds, surgical procedures and others.
  • On the basis of end-users, the market is bifurcated into hospitals & clinics, ambulatory surgery center and others.

Drivers

  • Increasing cases of road accidents, growing prevalence of chronic diseases, and rising incidence of diabetic foot ulcers are expected to drive the vacuum therapy devices market.
  • A rising stressful, sedentary lifestyle coupled with bad eating habits results in erectile dysfunction. Hence, it boosts the demand for the market.
  • Growing awareness among the patients about the NPWT and reducing healing time by the devices propel the market growth.
  • Increasing technological advancements for improved treatment protocols and the launch of new products fuel the market’s growth.

Restraints

  • Availability of alternative therapeutic medication such as Viagra.
  • High cost of vacuum therapy devices used for erectile dysfunction.

The Vacuum Therapy Devices Market research study is designed keeping in focus all the major countries. Although, all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries which are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Vacuum Therapy Devices Market based on product and application. It also provides market size and forecast till 2027 for overall Vacuum Therapy Devices Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

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