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Europe Negative Pressure Wound Therapy Devices Market Forecast 2019-2028

KEY FINDINGS
The Europe negative pressure wound therapy devices market is predicted to grow with a CAGR of 5.22%, during the forecast years of 2019 to 2028. The major factors fuelling the market growth include the rise in diabetes prevalence, the growing geriatric population, and an increase in the number of surgeries.

MARKET INSIGHTS
The Europe negative pressure wound therapy devices market growth is assessed across Belgium, Russia, the United Kingdom, Poland, France, Germany, Italy, and the rest of the world. In France, the awareness regarding healthcare benefits has encouraged residents to consider surgical alternatives. The demand for negative pressure wound therapy devices is considerably growing in the country, as surgical wounds can be easily treated using them. Thus, the rising number of medical operations is projected to drive the market growth in France. Additionally, more people are choosing advanced wound therapies, as the French healthcare reimburses nearly 80% of the patient's total expense during surgeries.
The International Federation for Diabetes attested that the prevalence of diabetes in France is more than 7%, and the total cases recorded in 2017 accounted for over 3,270,000. The high incidence of diabetes in the country leads to a rise in diabetes-related ulcers and wounds among patients. As a result, the increase in patients with diabetes is estimated to propel the market growth for negative pressure wound therapy devices.

COMPETITIVE INSIGHTS
Prominent players in the market include Talley Group Limited, Mölnlycke Health Care AB, Deroyal Industries Inc, Devon International Group Inc, Medela AG, etc.

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Europe Negative Pressure Wound Therapy Devices Market Forecast 2019-2028
Published By :Inkwood Research
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