South and Central America Single-Use Negative Pressure Wound Therapy Devices Market

Market Introduction

Negative pressure wound therapy (NPWT) is used for managing wide range of wound types such as traumatic, hard-to-heal, chronic wounds. It is also used to manage wounds that are covered with flaps or a skin graft. This therapy is transformed into a medical device such as a single-use NPWT device, and it is a small pocket-sized battery-operated device. As the name suggests, these are disposable and portable devices generally used for outpatient care.

South and Central America Single-Use Negative Pressure Wound Therapy Devices Strategic Insights

Strategic insights for the South and Central America Single-Use Negative Pressure Wound Therapy Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South and Central America Single-Use Negative Pressure Wound Therapy Devices Report Scope

South and Central America Single-Use Negative Pressure Wound Therapy Devices Regional Insights

The geographic scope of the South and Central America Single-Use Negative Pressure Wound Therapy Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The South and Central America single-use negative pressure wound therapy market is expected to reach US$ 42.92 million by 2028 from US$ 25.02 million in 2021; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028. The market's growth is attributed to rising incidence of chronic diseases and increasing cases of burn injuries. However, the market is expected to have a slow growth rate due to the lack of effective reimbursement policies for wound care.

Chronic diseases and their associated disorders are among the major indications affecting the human population globally. Chronic diseases can cause long-term injuries and make the healing of wounds such as post-surgical wounds and accident-led wounds difficult. Negative pressure wound therapy (NPWT) systems are used to manage and ease wound healing. The systems help in wound-healing through negative pressure (suction). They also help remove fluids such as irrigation solutions, bodily liquids, wound exudate, and infectious materials present in the wound area. According to a study published by National Center for Biotechnology Information (NCBI) in August 2020, about 5% of patients suffering from diabetes mellitus develop foot ulcers, and 1% need an amputation procedure globally. The patients in such conditions require periodic wound cleaning and dressing that can be accomplished using wound therapy devices. Continuous developments in medical devices related to wound therapy and the rise in prevalence of diseases such as diabetes and cancer—which might lead to ulcers, pressure ulcers, and wounds associated with different surgical procedures—are driving the single-use negative pressure wound therapy market. Also, single-use negative pressure wound therapy is among emerging technologies used for the management of burn-related wounds. Thus, the rise in burns and related injuries cases is driving the single-use negative pressure wound therapy devices market.

South and Central America has been witnessing a growing number of COVID-19 cases since its outbreak. State-run hospitals and clinics are already overstressed by the treatment of vector?borne diseases and community?acquired infections and high rates of non?communicable diseases (NCDs). Also, the prevention and treatment of NCDs have been critically affected since the onset of the COVID-19 in the region. These factors have potentially impacted the South and Central America single-use negative pressure wound therapy device market. As COVID-19 is contagious, patients prefer single-use products during wound care management. Hence, the rising awareness about the use of disposable products in wound management helped increase the demand for single-use NPWT devices in the South and Central America region, providing a favorable scenario for the single-use NPWT devices market in this region.

Key Market Segments

Based on wound type, the South and Central America single-use negative pressure wound therapy devices market was segmented into surgical, traumatic, diabetic foot, sports injuries, venous leg ulcers, and others. In 2020, the traumatic segment held the largest share of the market, and it is also expected to grow at the fastest rate during the coming years.

In terms of end user, the South and Central America single-use negative pressure wound therapy devices market was segmented into hospitals, clinics, ambulatory surgical centers, and others. In 2020, the hospitals segment held the largest share of the market by end user. In addition, the demand for hospitals is expected to grow at the fastest rate during the coming years due to the availability of advanced techniques for single-use negative pressure wound therapy devices.\

Major Sources and Companies Listed

A few of the primary and secondary sources referred to while preparing the report on the South and Central America single-use negative pressure wound therapy market are the International Diabetes Federation (IDF), World Health Organization (WHO), and National Center for Biotechnology Information (NCBI), among others.

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SOUTH AND CENTRAL AMERICA SINGLE-USE NEGATIVE PRESSURE WOUND THERAPY MARKET SEGMENTATION

By Wound Type

• Surgical
• Traumatic
• Diabetic Foot
• Sports Injuries
• Venous Leg Ulcers
• Others

By End User

• Hospitals
• Clinics
• Ambulatory Surgical Centres
• Others

By Country

• Brazil
• Argentina
• Rest of South and Central America

Company Profiles

• Cardinal Health Inc
• ConvaTec Group Plc
• Carilex Medical
• Genadyne Biotechnologies, Inc.
• Lohmann & Rauscher GmbH & Co. KG
• Medela AG
• Mölnlycke Health Care AB
• PAUL HARTMANN AG
• Smith & Nephew