Negative Pressure Wound Therapy Market Size, Share, 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 - Trends, Analysis and Forecast till 2034

Negative Pressure Wound Therapy Market Size was valued at USD 7.1 Billion in 2024 and is expected to grow at a CAGR of 6.1% to reach USD 12.16 Billion by 2034

Negative pressure wound therapy is referred as vacuum-assisted wound closure which is introduce to wound dressing systems by applying sub atmospheric 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.

Rising prevalence of diabetes across the globe which leads to leg ulcers such as arterial and diabetic foot ulcers is drives the negative pressure wound therapy market. NPWT, also known as vacuum-assisted closure therapy, is a form of treatment for acute or chronic wounds in which a vacuum dressing is applied to promote healing.

Negative pressure wound therapy (NPWT) industry has witnessed steady growth over the last ten years, driven by factors such as the increasing incidence of chronic wounds, growing cases of nosocomial pressure wounds in the aged population, and a rising interest in advanced solutions for treating wounds. In addition, growing expenditure on chronic and surgical wounds, along with a growing use of simplified single use NPWT devices and the development of portable, home-care-based NPWT systems, is further fueling growth of the NPWT market.

Key Drivers of Target Market:

Increasing cases of chronic wounds

• Chronic wounds, which include diabetic foot ulcers, pressure ulcers, and venous leg ulcers, are a rising problem across the world. This is attributed to an increase in diabetes, obesity, and aging populations. Studies have proven NPWT to be an effective treatment against such kinds of wounds since it promotes wound healing with reduced complications.

Growing awareness of the benefits of NPWT

• Health care professionals, patients, and caretakers are increasingly becoming aware of associated benefits, such as faster healing time, less painful experience, and risk reduction of infection. With growing awareness, demand for NPWT is expected to rise accordingly.

Mounting pressure for containment of healthcare costs

• NPWT helps reduce healthcare expenditure through faster healing and reduced hospitalization. This trend has taken greater importance with burgeoning pressure on healthcare budgets.

Technological advancements

• With several new and improved devices being launched continuously, the NPWT market is rapidly evolving. These advancements are effectively rendering NPWT more user-friendly, effective, and cost-effective.

Government initiatives

• Governments of some countries are taking initiatives that aid in popularizing the usage of NPWT. For example, the Centers for Medicare & Medicaid Services in the United States has increased its coverage toward NPWT in the past few years.

Restrains:

High cost of NPWT devices and consumables

• The high cost of NPWT devices and their consumables makes them inaccessible to many patients and healthcare facilities in general.

Lack of skilled healthcare professionals

• Application of NPWT requires training and skill. Skilled healthcare professionals may not be available in certain areas to meet the growing demand for NPWT.

Opportunities:

• In developing nations, too, the prevalence of chronic wounds is growing rapidly. With affordable NPWT devices and consumables, one can aim at these opportunities.
• Wound care is increasingly being sought at home. Portable and easy-to-operate NPWT devices can further this trend in home use.

The market is segmented based on Product, Application, and Region.

By Product:

• Conventional Negative Pressure Wound Therapy: This segment dominated the market in 2019 owing to factors such as enhanced management of exudate and lowered overall cost of treatment
• Single-Use Negative Pressure Wound Therapy: This segment witnessed remarkable popularity driven by convenience, infection control risks, and growing adoption in home healthcare settings. It includes companies like Smith & Nephew with their PICO system.

By Application:

• Diabetic Foot Ulcers: This segment holds the maximum share of the NPWT market due to the rising incidences of diabetes and related complications, mainly diabetic foot ulcers. Diabetes can lead to poor blood circulation and nerve damage, resulting in wounds that are slow to heal and often get infected. NPWT has shown great promise for promoting healing and reducing amputation risk associated with diabetic foot ulcers.
• Venous leg ulcers: These are long-term wounds that form as a result of having circulation issues with the legs; NPWT can generally improve blood flow and provide healing to such wounds
• Pressure ulcers: Also called bedsores, they develop as a result of a lot of pressure on the skin. NPWT helps to reduce pressure and fastens the healing process of such wounds.
• Burn Wounds: NPWT can be useful in the clearance of excess fluid and debris from burn wounds and may, therefore, enhance healing while reducing the risk of infection.
• Others: This segment include surgical wounds, traumatic wounds, and infective wounds—at play in this segment of Churchill's disease model.

Regional Insights

• North America holds a huge market share, this region has primarily dominated the market owing to the following factors: Well-established healthcare infrastructure with thoroughly equipped and advanced wound care facilities. High awareness among both health professionals and patients regarding the usage and advantages of NPWT. Favorable reimbursement policies for treatments under NPWT. This region's dominance can be further reinforced by the presence of leading manufacturers of NPWT.
• Asia Pacific region is going to climb in the fastest-growing NPWT market. Factors driving this include: The rising prevalence of chronic wounds due to a growing diabetic population and aging demographics. Increase in healthcare spending and government initiatives to improve advanced wound care technologies. Growing awareness of the advantages of NPWT by healthcare professionals.
• Europe is another high-potential market for NPWT. The key drivers of market growth include developed healthcare systems, rising adoption of novel medical technologies, and supporting reimbursement policies.
• Latin America: One of the major growth drivers is the increasing prevalence of chronic wounds, especially diabetic foot ulcers. The better disposable incomes are also increasingly resulting in demand for better wound care options. Some governments across countries are initiatives to help augment healthcare infrastructure and access to advanced medical technologies.
• Middle East and Africa: The focus, like in Latin America, is increasingly on building better infrastructure in health care and access to advanced medical technologies. Increasingly rising disposable incomes boost demand for better wound care options.

Negative Pressure Wound Therapy Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on By Product, Application and Region.

By Product:

• Conventional Negative Pressure Wound Therapy
• Single-Use Negative Pressure Wound Therapy

By Application:

• Diabetic Foot Ulcers
•  Venous Leg Ulcers
•  Pressure Ulcers
•  Burn Wounds
• Others

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the 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.

• In February 2024, Smith & Nephew Introduces Negative Pressure Wound Care System Smith& Nephew's Advanced Wound Management division has just announced the U.S. launch for its new Renasys EZ negative pressure wound therapy system. The new product will enable clinicians to have more judgment when treating wounds, especially in respects to deciding between gauze and foam dressings, and the level and type of pressure.
• In August 2023, Medela to launch new Invia Integrated Dressing for all wounds Medela is set to expand its negative pressure wound therapy portfolio with the introduction of a new Invia Integrated Dressing now indicated for all wounds. The new sterile dressing, now indicated in absolutely all types of wounds—involving closed surgical incisions—can be utilized either in the home or hospital environment for up to seven days.

• 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
• Paul Hartmann AG
• AutoGrid Systems, Inc
• Centrica