Negative Pressure Wound Therapy Market To Witness A Significant Growth Of USD 3.8 Billion By 2030
San Francisco, 15 Sep 2022: The Report Negative Pressure Wound Therapy Market Size, Share & Trends Analysis Report By Product (Conventional NPWT, Single-use NPWT), By Wound Type (Diabetic Foot Ulcers, Venous Leg Ulcers), By End Use, By Region, And Segment Forecasts, 2022 - 2030 The global negative pressure wound therapy market size is anticipated to reach a value of USD 3.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.7% from 2022 to 2030. Increasing awareness in the developing regions pertaining to advanced wound care is providing a significant opportunity to the key market players to cater to the unmet needs of the target population. The primary driver associated with this market is the cost-effectiveness of single-use Negative Pressure Wound Therapy (NPWT) devices. Major companies are also focusing on education of reimbursement coverage in such regions to further increase the affordability of these d