Negative Pressure Wound Therapy (NPWT) Devices Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Negative Pressure Wound Therapy Devices (NPWT) Market: By Type (Single Use / Disposable, Conventional Use), by Application (Pressure Ulcers, Diabetic Foot Ulcers, Burn Wounds, Venous Leg Ulcer), by End-user (Hospitals, Ambulatory Surgical Centres, Homecare and Others) and Geography 

 

 

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Report

Description

Negative Pressure Wound Therapy (NPWT) Devices Market size was at USD 1.86 billion in 2021 and is projected to reach USD 2.75 billion by 2028 exhibiting a CAGR of 5.2% during the forecast period 2022-2028. Negative pressure wound therapy (NPWT) Devices market is mainly driven by the growing demand and adaptation of the portable and small NPWT devices coupled with the increase in cases of chronic or acute wounds. Furthermore, growing aging population and number of diabetic patients who are more susceptible to the wounds also attributed to the growth of the market. Other notable factors such as technological advancements in NPWT devices such as the development of small and portable NPWT devices and advantages of negative pressure wound therapy over other wound therapies such as short recovery time are also expected to bolster the market growth over the forecast period. However, the lack of skilled professionals, the presence of other parallel therapies and complications in NPWT devices such as bleeding may hamper the global market over the forecast period. NPWT is also known as vacuum-assisted closure anticoagulation therapy or Wound VAC. In this process suction is used to draw fluids and drain away from an open wound. A special type of dressing is used to create the vacuum environment at the site of wound that increases the blood flow and keeps the area clean. This will help to prevent and heal the infection. There are special types of devices for negative pressure wound therapy they may be mechanical or powered (electrical).

 

 

Negative Pressure Wound Therapy (NPWT) Devices Market

MARKET SUMMARY
-
5.2%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 5.2%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Negative Pressure Wound Therapy Devices Market

  • This report on Global Negative Pressure Wound Therapy Devices market gives historical, current, and future market sizes (US$ Mn) of type, application, end user and geographic regions.
  • This report studies Global Negative Pressure Wound Therapy Devices market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • Key stakeholders of the Global Negative Pressure Wound Therapy Devices market report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply Global Negative Pressure Wound Therapy Devices systems.
Market Key Players
  • Acelity L.P. Inc. (U.S.)
  • Smith & Nephew Plc (U.K.)
  • Cardinal Health, Inc. (U.S.)
  • Carilex Medical Inc. (China)
  • ConvaTec Group plc (U.K.)
  • H & R Healthcare Ltd. (U.K.)
Negative Pressure Wound Therapy Devices Market Growth

Negative pressure wound therapy devices (NPWT) market is expected to grow at significant rates owing to surge in prevalence of diabetes and chronic & acute wounds. Global negative pressure wound therapy devices (NPWT) market is consolidated with the presence of more number of market players competing with the product innovations and developments. Market players are focused on the acquisitions and mergers to strengthen the product portfolio. For instance, in December 2015, Acelity acquired a line of disposable negative pressure wound therapy products, SNaP Therapy System from Spiracur, to increase product portfolio and strengthen its market position. Furthermore, companies are focused on the product development that can overcome the disadvantages. For instance, in August 2016, ConvaTec Group plc launched the Avelle Negative Pressure Wound Therapy System in U.K. It is the first NPWT device to combine AQUACEL technology which helps to create a beneficial moist environment to prevent periwound maceration.


North-America Got Significant Share

Negative Pressure Wound Therapy Devices (NPWT) Market

Global Negative Pressure Wound Therapy Devices market is divided into five key regions, i.e., North America, Europe, Asia-Pacific, Latin America, The Middle East & Africa. North America negative pressure wound therapy devices market is expected to show significant growth rate owing to increased adoption rates of NPWT devices coupled with the growing prevalence of diabetes and rise in awareness related to NPWT devices. Asia-Pacific is expected to have lucrative growth owing to factors such as growing prevalence of diabetes, cases of burns and acute & chronic wounds and developing healthcare infrastructure. Furthermore, global companies expanding their business into the emerging countries such as India and China, this can be attributed to the growth of Asia Pacific negative pressure wound therapy devices market during the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2016 to 2021) and forecast (2022 to 2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Negative Pressure Wound Therapy Devices (NPWT) Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • Mölnlycke Health Care (Sweden)
  • Acelity L.P. Inc. (U.S.)
  • Smith & Nephew Plc (U.K.)
  • Devon International Group, Inc. (U.S.)
  • Cardinal Health, Inc. (U.S.)
  • Medela (Olle Larsson Holding AG) (Switzerland)
  • Carilex Medical Inc. (China)
  • Equinox Medical Technologies B.V. (Netherlands)
  • ConvaTec Group plc (U.K.)
  • H & R Healthcare Ltd. (U.K.)

Description

Negative Pressure Wound Therapy (NPWT) Devices Market size was at USD 1.86 billion in 2021 and is projected to reach USD 2.75 billion by 2028 exhibiting a CAGR of 5.2% during the forecast period 2022-2028. Negative pressure wound therapy (NPWT) Devices market is mainly driven by the growing demand and adaptation of the portable and small NPWT devices coupled with the increase in cases of chronic or acute wounds. Furthermore, growing aging population and number of diabetic patients who are more susceptible to the wounds also attributed to the growth of the market. Other notable factors such as technological advancements in NPWT devices such as the development of small and portable NPWT devices and advantages of negative pressure wound therapy over other wound therapies such as short recovery time are also expected to bolster the market growth over the forecast period. However, the lack of skilled professionals, the presence of other parallel therapies and complications in NPWT devices such as bleeding may hamper the global market over the forecast period. NPWT is also known as vacuum-assisted closure anticoagulation therapy or Wound VAC. In this process suction is used to draw fluids and drain away from an open wound. A special type of dressing is used to create the vacuum environment at the site of wound that increases the blood flow and keeps the area clean. This will help to prevent and heal the infection. There are special types of devices for negative pressure wound therapy they may be mechanical or powered (electrical).

 

 

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