High Incidence of Diabetes Driving Single-Use NPWT Devices Market Growth
Factors such as increasing incidence of diabetes, rising cases of burns, expansion of technologically advanced devices, surging geriatric population, and rising number of surgical procedures are boosting the demand for single-use negative pressure wound therapy (NPWT) devices, which, in turn, the single-use NPWT devices market is expected to grow at a CAGR of 8.1% during 2020–2030. According to P&S Intelligence, the market generated $770.2 million revenue in 2020, which is projected to reach $1,673.1 million by 2030. Moreover, the market is witnessing a trend of patients’ preference shifting toward advanced wound therapies.
The primary factor aiding the single-use NPWT devices market growth is the rising cases of burns. As per the World Health Organization (WHO), burns cause 180,000 deaths every year, majorly in low- and middle-income nations. Furthermore, it is one of the leading causes of disability-adjusted life years (DALY). It is a degree of the overall disease burden expressed as the total years lost because of disability, ill health, or early death.
Receive Free Sample Pages@ https://Clickbait/3cmxsMQ
Moreover, other key factor boosting the demand for single-use NPWT devices is the increasing incidence of diabetes, whose number is rising significantly, across the world. The chronic complication of diabetes mellites is diabetic foot ulcer, which needs regular dressing during its treatment. Also, diabetic wounds tend to heal more slowly and develop quickly in patients. As per the statistics published by the Centers for Disease Control and Prevention (CDC), over 34.2 million individuals had diabetes in the U.S. Also, new cases of diabetes have augmented in the youth population in the nation.
In Album: Researchnews24's Timeline Photos
Dimension:
1200 x 628
File Size:
350.68 Kb
Be the first person to like this.
Be the first person like this