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Single-use Negative Pressure Wound Therapy Devices Market- Roadmap for Recovery from COVID-19 | Increase in Product Launches to Boost Market Growth | Technavio

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Technavio has been monitoring the single-use negative pressure wound therapy devices market and it is poised to grow by USD 374.41 million during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by application, which is the leading segment in the market?
  • The ulcers segment is expected to be the leading segment based on application in the global market during the forecast period.
  • What are the major trends in the market?
  • Rise in prevalence of diabetes is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of almost 7%, the incremental growth of the market is anticipated to be USD 374.41 million.
  • Who are the top players in the market?
  • Cardinal Health Inc., Carilex Medical Inc., ConvaTec Group Plc, Genadyne Biotechnologies Inc., H&R Healthcare, Lohmann & Rauscher GmbH & Co. KG, Medela AG, Molnlycke Health Care AB, Paul Hartmann AG, and Smith & Nephew Plc. are some of the major market participants.
  • What are the key market drivers and challenges?
  • Increase in product launches is one of the major factors driving the market. However, the high cost of single-use NPWT devices and associated procedures will restrain market growth.
  • How big is the North America market?
  • The North America region will contribute 43% of market growth.

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Cardinal Health Inc., Carilex Medical Inc., ConvaTec Group Plc, Genadyne Biotechnologies Inc., H&R Healthcare, Lohmann & Rauscher GmbH & Co. KG, Medela AG, Molnlycke Health Care AB, Paul Hartmann AG, and Smith & Nephew Plc are some of the major market participants. The increase in product launches will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Single-use Negative Pressure Wound Therapy Devices Market 2020-2024: Segmentation

Single-use Negative Pressure Wound Therapy Devices Market is segmented as below:

  • Application
    • Ulcers
    • Burn Wounds
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43426

Single-use Negative Pressure Wound Therapy Devices Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The single-use negative pressure wound therapy devices market report covers the following areas:

  • Single-use Negative Pressure Wound Therapy Devices Market Size
  • Single-use Negative Pressure Wound Therapy Devices Market Trends
  • Single-use Negative Pressure Wound Therapy Devices Market Analysis

This study identifies rise in prevalence of diabetes as one of the prime reasons driving the single-use negative pressure wound therapy devices market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports.

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Single-use Negative Pressure Wound Therapy Devices Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist single-use negative pressure wound therapy devices market growth during the next five years
  • Estimation of the single-use negative pressure wound therapy devices market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the single-use negative pressure wound therapy devices market
  • Analysis of the markets competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of single-use negative pressure wound therapy devices market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Ulcers – Market size and forecast 2019-2024
  • Burn wounds – Market size and forecast 2019-2024
  • Market opportunity by Application

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Cardinal Health Inc.
  • Carilex Medical Inc.
  • ConvaTec Group Plc
  • Genadyne Biotechnologies Inc.
  • H&R Healthcare
  • Lohmann & Rauscher GmbH & Co. KG
  • Medela AG
  • Molnlycke Health Care AB
  • Paul Hartmann AG
  • Smith & Nephew Plc

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

     

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

News

Seoul to host “Seoul Global Challenge 2021” to seek for innovative solutions to improve air quality in Seoul subway; finally selected teams to receive a cash prize of 690 mil. won

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– The Challenge 2021 consists of the technology competition and the academic paper competition to find “Innovative Technology to Improve the Air Quality in the Seoul Subway”

– Any company, university, and research institute from around the world can submit their ideas

– Seoul will accept the application from Oct. 14 for the next three month at its website(http://seoulglobalchallenge.sba.kr/en/) and do screening and offer assignments for eleven months

– The awarding ceremony will take place in December 2021

SEOUL, South Korea, Oct. 20, 2020 /PRNewswire/ — The Seoul Metropolitan Government said it will host the "Seoul Global Challenge 2021," an international R&D competition that will take place over the next 11 months. The Challenge will invite global companies, universities, and research institutes to seek for innovative solutions to urban problems Seoul is currently facing.

Seoul Global Challenge 2021
Seoul Global Challenge 2021

The "Seoul Global Challenge 2020" was held from August 2019 to February 2020. The Challenge 2020 brought together 106 companies from the world, including the United States, France, Japan, Canada, Finland, United Kingdom, and the Netherlands. Ten finalists’ solutions were installed in the Seoul Subway to test their effectiveness in reducing fine dust levels.

This year, the subject of the Challenge 2021 is "Innovative Technology to Improve the Air Quality in the Seoul Subway." Through the technology competition and the academic paper competition, a total of 25 teams will be selected, and they will receive a cash prize of 690 million won (approximately US$ 600,000).

Any company, university, and research institute with interest may submit their ideas by the end of this coming December. Around ten teams qualified at a preliminary round will be granted a total of 800 million won (approximately US$ 695,000) for the prototype development for up to six months. The amount will be provided differently, depending on the technology. Additionally, expert mentoring services and the space for making trial products will be offered upon request.

The competition technologies are about the reduction of particles that occur from typical wear-in; the improvement of fine dust removal performance; the improvement of measurement technology; and integrated management of air quality in the subway station. Up to 200 million won (US$ 174,500) in prize money will be given to the finally selected team that will pass the performance evaluation.

Those interested in the academic paper competition can fill out the application form and submit it with the paper proposal by the end of November. Seoul will do a preliminary screening in December to select those who will go through the paper evaluation. Those who pass the preliminary screening may submit their paper by September 2021.

The three themes of the academic paper competition are the interrelationship between the outside atmosphere and the subway air quality; the reduction of indoor fine dust in the subway; and the reduction of viruses in the subway. Only papers that have never been published before can be accepted. Up to 10 million won (approximately US$ 8,700) will be given as a cash prize to the finalists.

Kim Eui-Seung, Deputy Mayor for Economic Policy, said, "I hope that the Seoul Global Challenge 2021 will serve as an opportunity to gather the capabilities of talents from around the world and leap forward in related innovative technologies and research levels."

More information about the Challenge — from how to participate in it to detailed evaluation methods — is available in Korean and in English on the website: http://seoulglobalchallenge.sba.kr/en/

SBA Seoul Global Challenge Media Team
+82-2-2222-3726
[email protected]
http://seoulglobalchallenge.sba.kr/en/

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Xinhua Silk Road: 137 projects with investment of RMB91.15 bln contracted in east China’s Jiangyin

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BEIJING, Oct. 20, 2020 /PRNewswire/ — 137 projects involving a total investment of 91.15 billion yuan were signed at the Jiangyin Symposium on Economic and Trade Cooperation held on last Friday in Jiangyin city, east China’s Jiangsu province.

Of the total projects, 15 were foreign-invested ones with a total investment of 3.52 billion yuan.

In terms of investment fields, 111 were manufacturing projects with a total investment of 64.02 billion yuan, covering such fields as new energy, new materials, and auto parts. The remaining 26 projects with a total investment of 27.13 billion yuan were service projects related to intelligent warehousing, transportation and logistics, biomedicine, cross-border e-commerce and other areas.

Nearly 500 businessmen from more than ten countries and regions including Italy, the U.K., Japan, the Republic of Korea (ROK) and Israel attended the Jiangyin Symposium on Economic and Trade Cooperation.

During the event, three major projects, namely the e-commerce industrial park of Jiangyin, foreign trade and live-streaming sales promotion festival, as well as China-ROK cross-border e-commerce project, were also launched.

Jiangyin has been ranked first in the list of China’s top 100 counties (cities) in terms of industrial strength for three consecutive years, with its high-end textile and clothing, special steel, high-end equipment manufacturing, special vessels and marine equipment leading the country.

In 2019, Jiangyin became the first county-level city in China with total economic volume exceeding 400 billion yuan.

In recent years, Jiangyin has been taking steps to open wider to the world. It has set up trade ties with nearly 200 countries and regions, and gathered over 3,300 foreign-funded enterprises of various types. A batch of the world’s top 500 enterprises such as CITIC Group, Mitsubishi Group and Doosan has made investment in Jiangyin.

Original link: https://en.imsilkroad.com/p/316914.html

Related Links :

http://imsilkroad.com

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Finalist Teams Announced for 2020 Asia Super Team: Reach for the Stars

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Ngan hang TMCP Ban Viet to compete for USD$50,000 prize package

TAIPEI, Oct. 20, 2020 /PRNewswire/ — Asia Super Team is here again. 2020 is the seventh consecutive year the "Taiwanese government" has hosted the international competition together with "Taiwan External Trade Development Council", "TAITRA". This year, the theme is Reach for the Stars, with four-member corporate finalist teams — from Japan, Vietnam, Indonesia, Malaysia, South Korea, Singapore, Thailand, and the Philippines — who have qualified to participate in the November finals competition.

The eight teams are already preparing for the challenge to earn the Asia Super Team title. Due to COVID-19, this will be the first time the competition will be held completely online, so teams can experience Taiwan from the comfort and safety of their own environments. The champion team will win an incentive travel package to Taiwan for their company valued at US$50,000.

Be sure to follow the latest news and developments on the official MEET TAIWAN fan page. Plus enter a lucky draw for one roundtrip ticket to Taiwan by casting a vote. To support the Ngan hang TMCP Ban Viet team from Vietnam, log on to the official website during November 9-15 to cast a vote. Don’t miss out.

  • Event Duration: 18:00 November 9 to 23:59 November 15 (GMT +8)
  • Official Voting Website: asiasuperteam.meettaiwan.com
  • MEET TAIWAN Official Fan Page: www.facebook.com/meettaiwan

There were more than a thousand of applications for the Asia Super Team competition from businesspeople in Vietnam. Congratulations to Ngan hang TMCP Ban Viet for advancing to the second stage finals.

Asia Super Team Finalists:

  • JTB GMT (Japan): With 508 offices in 39 countries, they are a popular travel agency in Japan, promoting and facilitating overseas travelers.
  • NG Bio Co., Ltd. (Korea): A cosmetic manufacturer from Korea, providing popular products such as Pacomeri hand sanitizers throughout Asia.
  • Social Collider (Singapore): A leading co-work space rental company in Singapore, providing space, facilities, and other rental services to social enterprises in Singapore.
  • Balance Gaming Network (Thailand): A leading e-sports company in Thailand, building an e-sports network throughout America, Europe, Australia and South Eastern Asia.
  • St Nivel Tour Sdn Bhd (Malaysia): The leading travel agency in Malaysia, Perak, providing travel assistance to companies and individuals.
  • Teleperformance Philippines (the Philippines): The largest outsourced omnichannel customer experience management company in the Philippines, with more than 30,000 workstations in a variety of businesses.
  • Telkom Indonesia (Indonesia): The biggest telecom company in Indonesia, providing internet, digital communication services, and more.
  • Ngan hang TMCP Ban Viet (Vietnam): One of the leading banks in Vietnam, with 27 years of operation.

For more Asia Super Team information, please check asiasuperteam.meettaiwan.com

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