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‘Eye-opening’ OR Webinar Receives High Marks

The February 20 OR Today webinar sponsored by RepScrubs was described as “very interesting” and “eye-opening” by more than one attendee. The session “OR Food for Thought – LITERALLY! What Are We Bringing Into Our ORs and Why?” was presented by Dr. John Kutz, FACS,...

Study: UV Technology Raises the Standard in Disinfecting ORs

Ultraviolet (UV) technology developed by the New York-based firm PurpleSun Inc. eliminates more than 96 percent of pathogens in operating rooms (ORs) and on medical equipment, compared to 38 percent using manual cleaning methods that rely on chemicals to disinfect...

Agiliti Acquires Mobile Instrument Service & Repair Inc.

Agiliti Inc. has acquired Mobile Instrument Service & Repair Inc., the third largest provider, by revenue, of surgical equipment repair services to the U.S. health care industry. The transaction was priced at 11x the company’s 2019 Adjusted EBITDA. “Mobile...

Northwell to Open 4 Cardiac Catheterization Labs

Three Northwell Health facilities – Lenox Health Greenwich Village, Mather Hospital in Port Jefferson and Plainview Hospital – have received approval this month from the New York State Health and Health Planning Council to establish cardiac catheterization labs,...

Report: Negative Pressure Wound Therapy Market to hit $2.5 Billion

The negative pressure wound therapy market is predicted to hike from $1.7 billion in 2018 to around $2.5 billion by 2025, according to a 2019 Global Market Insights, Inc. report. Increasing prevalence of endocrine and other chronic diseases across the globe will positively influence the NPWT market growth in forthcoming years.

The hospital segment will experience over 5.5% growth in the negative pressure wound therapy market throughout the forecast years and is anticipated to have similar growth trends in near future. Patients suffering from critical wounds such as foot ulcers, skin burns, pressure and surgical wounds need to stay in a hospital. Additionally, negative pressure wound therapy dressings are changed every 24-48 hours to avoid bacterial build up. As a result, usage of NPWT treatment will be prominently high in hospitals, thereby propelling segment growth.

The North America negative pressure wound therapy (NPWT) market held around 42% revenue share in 2018. Substantial regional market growth is attributed to increasing incidences of traumas and accidents. Thus, demand for NPWT treatment will remain high in the region. Furthermore, a strong foothold of key industry players coupled with favorable regulatory scenario for NPWT devices will augment regional business growth.

The single-use negative pressure wound therapy market is estimated to witness around 7.5% growth in coming years owing to its vast benefits. Single-use NPWT devices are convenient when compared to conventional devices that result in positive patient outcomes. Moreover, with the application of single-use NPWT, infection risk is eliminated and as device is portable that increases its preference in home care settings, thereby stimulating the segmental growth.

For more information, visit https://www.gminsights.com/inquiry-before-buying/3413.

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