(PharmaNewsWire.Com, December 05, 2017 ) Negative pressure wound therapy (NPWT) is also known as vacuum assisted closure therapy or Wound VAC. Negative pressure wound therapy is type of therapy in which suction is used to draw fluids and drain away from an open wound. A special type of dressing is used to create the vacuum environment at the site of wound that increases the blood flow and also keeps the area clean. This will help to prevent and heal the infection. Devices for the negative pressure wound therapy may be mechanical or powered (electrical).
Market dynamics: Latin America Negative Pressure Wound Therapy (NPWT) Devices Market
Latin America negative pressure wound therapy (NPWT) devices market is mainly driven by the technological advancements that overcome the disadvantages or risks involved in negative pressure wound therapy, growing prevalence rates of diabetes and ageing population who are more susceptible to the chronic or acute wounds. Furthermore, development of small and portable NPWT devices that adds on to the patient acceptability is expected to boost the market revenue growth. However, lack of skilled professionals and availability of alternative wound therapy techniques may hamper the market growth over the forecast period.
Regional Analysis: Latin America Negative Pressure Wound Therapy Devices (NPWT) Market
Geographically Latin America negative pressure wound therapy devices market is segmented into Brazil, Mexico, Argentina, Venezuela and Rest of Latin America. Mexico negative pressure wound therapy devices market expected to exhibit notable growth rate due to adaptation of easy to use and portable devices for the long term wound care, favourable reimbursement policies. Brazil negative pressure wound therapy devices market is expected to account for large revenue share owing to higher prevalence rates of diabetes and chronic wounds. Furthermore. Market players are expanding their market presence by introducing technologically advanced devices and reaching out to the more number of patients. For instance, In September 2012, Kinetic Concepts, Inc. has expanded its operations in Brazil, this enabled KCI to deliver its therapies to more patient outcomes through provision of specialist wound management training in vacuum assisted closure therapy (NPWT therapy).
Competition Assessment: Latin America Negative Pressure Wound Therapy Devices (NPWT) Market
Some of the market players in Latin America negative pressure wound therapy devices (NPWT) market include
• Mölnlycke Health Care (Sweden)
• Acelity L.P. Inc. (U.S.)
• Smith & Nephew Plc (U.K.)
• Devon International Group, Inc. (U.S.)
• Cardinal Health, Inc. (U.S.)
• Medela (Olle Larsson Holding AG) (Switzerland)
• Carilex Medical Inc. (China)
• Equinox Medical Technologies B.V. (Netherlands)
• ConvaTec Group plc (U.K.)
• H & R Healthcare Ltd. (U.K.)
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