Negative Pressure Wound Therapy Market, By Product (Conventional Negative Pressure Wound Therapy and Single-Use Negative Pressure Wound Therapy), By Application (Diabetic Foot Ulcers, Venous Leg Ulcers, Pressure Ulcers, Burn Wounds, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI72919 | Publish Date: March 2024 | No. of Pages: 178

Global Negative Pressure Wound Therapy Overview

negative pressure wound therapy market accounted for US$ 2.03 billion in 2020 and is estimated to be US$ 3.3 billion by 2030 and is anticipated to register a CAGR of 5.3%.

Negative pressure wound therapy is referred as vacuum-assisted wound closure which is introduce to wound dressing systems by applying subatmospheric pressure to the surface of a wound. Negative pressure wound therapy is used for the management of large chronic persistent wounds and acute complicated wounds. After applying negative pressure through an airtight adhesive film that covers the wound, which helps to drain wound exudate as well as to promote blood circulation and healing. The

Global Negative Pressure Wound Therapy Dynamics

Rising prevalence of diabetes across the globe which leads to leg ulcers such as arterial and diabetic foot ulcers is drives the global negative pressure wound therapy market. For instance, according to data published by Centre for Disease Control and Prevention, in 2017, in U.S. 30.3 million adults have diabetes. In addition, increasing prevalence of chronic diseases and acute wound supports the growth of target market. Furthermore, growing geriatric population which are more prone to develop chronic conditions such as diabetes and cardiovascular diseases are also expected to augment the global negative pressure wound therapy market over the forecast period. Moreover, increasing incidences of burn cases also fuels the target market. For instance, according to data published by National Center for Biotechnology Information, in 2016, in the U.S. approximately 40,000 burn patients require hospitalization every year.

Rising adoption of new technologies in wound healing management boosts the global negative pressure wound therapy market. For instance, in December 2018, Kinetic Concepts Inc launched advancement in negative pressure wound therapy designed specifically for multiple traumatic wounds is “V.A.C.RX4” therapy system in the United States. This helps military personnel to treat multiple battlefield wounds with a single negative pressure wound therapy (NPWT) device.

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Global Negative Pressure Wound Therapy Segmentation

Market Taxonomy:

This report segments the global negative pressure wound therapy market on the basis of product, application, and region. On the basis of product, the target market is segmented into conventional negative pressure wound therapy and single-use negative pressure wound therapy. On the basis application, the global negative pressure wound therapy market is bifurcated into diabetic foot ulcers, venous leg ulcers, pressure ulcers, burn wounds, and others. The diabetic foot ulcers segment is largest revenue share in the global negative pressure wound therapy market. This is owing to higher penetration of diabetes across the globe.

Regional Analysis:

For detailed understanding of market dynamics, the global negative pressure wound therapy market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the global negative pressure wound therapy market. North America negative pressure wound therapy market is expected to account for largest share in terms of revenue in the global negative pressure wound therapy market over the forecast period. This can be attributed to increasing penetration of acute and chronic wound, coupled with rising developed healthcare infrastructure in countries of the region. Asia Pacific negative pressure wound therapy market is expected to account for significant share in terms of revenue in the global negative pressure wound therapy market in the near future. This is owing to increasing number of traumatic events, growing penetration of diabetes in countries of the region. For instance, according to data published by American Diabetes Association, in 2016, more than 60% of the people with diabetes live in Asia, with almost one-half in China and India combined.

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Detailed Segmentation:

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Product- Conventional Negative Pressure Wound Therapy and Single-Use Negative Pressure Wound Therapy

By Application- Diabetic Foot Ulcers, Venous Leg Ulcers, Pressure Ulcers, Burn Wounds, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

 

Negative Pressure Wound Therapy Market, By Product:

  • Conventional negative pressure wound therapy
  • Single-use negative pressure wound therapy

Negative Pressure Wound Therapy Market, By Application:

  • Diabetic foot ulcers
  • Venous leg ulcers
  • Pressure ulcers
  • Burn wounds
  • Others

Negative Pressure Wound Therapy Market, By End-User:

  • North America
    • Middle East & Africa
      • Middle East & Africa Negative Pressure Wound Therapy Market, By Product
      • Middle East & Africa Negative Pressure Wound Therapy Market, By Application
      • Middle East & Africa Negative Pressure Wound Therapy Market, By Country
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
      • Latin America Negative Pressure Wound Therapy Market, By Product
      • Latin America Negative Pressure Wound Therapy Market, By Application
      • Latin America Negative Pressure Wound Therapy Market, By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
      • Asia Pacific Negative Pressure Wound Therapy Market, By Product
      • Asia Pacific Negative Pressure Wound Therapy Market, By Application
      • Asia Pacific Negative Pressure Wound Therapy Market, By Country
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
      • Europe Negative Pressure Wound Therapy Market, By Product
      • Europe Negative Pressure Wound Therapy Market, By Application
      • Europe Negative Pressure Wound Therapy Market, By Country
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • North America Negative Pressure Wound Therapy Market, By Product
    • North America Negative Pressure Wound Therapy Market, By Application
    • North America Negative Pressure Wound Therapy Market, By Country
      • U.S.
      • Canada

Global Negative Pressure Wound Therapy Key Players

Some of the prominent players operating in the global negative pressure wound therapy market include Acelity L.P. Inc, Talley Group Ltd, Smith & Nephew plc, Devon International Group, Inc., Mölnlycke Health Care, Medela, DeRoyal Industries, Inc, Kinetic Concepts Inc, Cardinal Health, Inc, and Paul Hartmann AG. Major market players in the global negative pressure wound therapy market focus are focusing on product launched, acquisition, and collaboration in order to maintain a stable growth rate and increase profitability. For instance, in November 2018, Smith & Nephew plc launched first PICO 7Y portable single-use negative pressure wound therapy system. Further, on February 20, 2019, Kinetic Concepts Inc launched “ABTHERA Therapy” is a temporary abdominal closure system that allows surgeons to take control in managing challenging abdominal wall openings where primary closure is not possible and repeat abdominal entries are necessary.

Key Highlights:

  • In 2018, Launch of PICO™ 7Y, the first portable single use negative pressure wound therapy system to treat two wounds simultaneously. Smith & Nephew has announced the European launch of the new PICO 7Y Single Use Negative Pressure Wound Therapy System (sNPWT) with AIRLOCK™ Technology. This is the first sNPWT system to include an innovative integrated Y extension enabling the utilisation of two dressings concurrently from one pump, in practice allowing for two wounds to be addressed at the same time, thereby potentially reducing cost.
  • In July 2018, Acelity launched ABTHERA ADVANCE, an open abdomen dressing, in the US

Global Negative Pressure Wound Therapy Company Profile

  • Acelity L.P. Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
  • Talley Group Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
  • Smith & Nephew plc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
  • Devon International Group, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
  • Mölnlycke Health Care
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
  • Medela
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
  • DeRoyal Industries, Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
  • Kinetic Concepts Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
  • Cardinal Health, Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
  • Paul Hartmann AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance

Global Negative Pressure Wound Therapy Table of Contents

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Global Negative Pressure Wound Therapy Market, By Product, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Conventional Negative Pressure Wound Therapy
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Single-Use Negative Pressure Wound Therapy
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  5. Global Negative Pressure Wound Therapy Market, By Application, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Diabetic Foot Ulcers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Venous Leg Ulcers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Pressure Ulcers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Burn Wounds
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Global Negative Pressure Wound Therapy Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
  7. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Acelity L.P. Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Talley Group Ltd
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Smith & Nephew plc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Devon International Group, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Mölnlycke Health Care
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Medela
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • DeRoyal Industries, Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Kinetic Concepts Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Cardinal Health, Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Paul Hartmann AG
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
    • Analyst Views
  8. Section
    • Research Methodology
    • About Us
    • Contact

FAQs

The global negative pressure wound therapy market on the basis of product, application, and region.

Rising prevalence of diabetes across the globe which leads to leg ulcers such as arterial and diabetic foot ulcers is drives the global negative pressure wound therapy market.

North America negative pressure wound therapy market is expected to account for largest share in terms of revenue in the global negative pressure wound therapy market over the forecast period.

Some of the prominent players operating in the global negative pressure wound therapy market include Acelity L.P. Inc, Talley Group Ltd, Smith & Nephew plc, Devon International Group, Inc., Mölnlycke Health Care, Medela, DeRoyal Industries, Inc, Kinetic Concepts Inc, Cardinal Health, Inc, and Paul Hartmann AG.