Negative Pressure Wound Therapy Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Negative Pressure Wound Therapy Market: By Type (Single use NPWT, Conventional NPWT), By Wound Type (Diabetic Foot Ulcers, Venous Leg Ulcers, Pressure Ulcers, Burn Wounds, Others), By End-user (Hospital, Mobile clinics, Ambulatory surgical centres, Clinics), By Geography

 

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Description

Negative Pressure Wound Therapy Market size was valued at 2.5 billion in 2021 and is expected to reach 3.9 billion by 2028, at a CAGR of 6.1% during the forecast period 2022 to 2028. Negative Pressure Wound Therapy (NPWT) is utilized to treat intense and interminable injuries. A vacuum source makes consistent or discontinuous negative weight inside the injury to expel liquid, exudates, and irresistible materials to set up the injury for mending and conclusion. NPWT frameworks comprise of a vacuum pump, seepage tubing, a froth or bandage wound dressing, and a cement film dressing that spreads and seals the injury. The treatment includes the controlled utilization of sub-air weight to the neighborhood wound condition, utilizing a fixed injury dressing associated with a vacuum pump. Other noticeable variables driving development of the market are mechanical headways identified with the improvement of lighter and sans canister NPWT gadgets and diminishing length of remain in healing facilities because of expanding selection of NPWT gadgets in homecare settings. Be that as it may, expanding difficulties related with NPWT gadgets, absence of gifted clinicians and expanding rivalry from parallel treatments, which have been showing higher viability in treating incessant injuries, are factors anticipated that would control development of the market over the figure time frame. Larger part of the medicinal gadgets makers all around are relied upon to contribute more on mechanical headways and better item outlines to limit the likelihood of complexities related with gadgets and to dispose of the comparing unfriendly effect on persistent security.Negative Pressure Wound Therapy market is encountering tremendous innovative progressions relating to treatment pumps and also dressings. The key players are concentrating on embraced new product improvement methodologies, mergers, and acquisitions. For example, in 2016, Smith and Nephew reported that its single utilize NPWT framework, PICO offers enhanced injury recuperating and diminished confusions post orthopedic medical procedure. Once more, with the presentation of V.A.C. innovation by Acelity, wound care administration portfolio has turned out to be more expanded and is thought to be one of the main advances. Right now, the market is overwhelmed by Acelity, inferable from obtaining of Kinetic Concepts, Inc.(KCI), a noteworthy player in the NPWT showcase. Be that as it may, the rise of new players, for example, Smith and Nephew and ConvaTec are probably going to influence the piece of the overall industry of Acelity over the long haul. Reimbursements are relied upon to be favorable for the NPWT advertise. In the U.S., NPWT items for homecare settings are secured under Medicare and private protection. Henceforth, rising repayment scope has expanded the reasonableness factor of costly NPWT medicines, there by rendering it a potential space for wound care administration. The offers of Acelity’s propelled wound care items saw an ascent after the accessibility of Medicare repayments for V.A.C. treatment for homecare settings.

Negative Pressure Wound Therapy Market

MARKET SUMMARY
-
6.1%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 6.1%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North-America

Negative Pressure Wound Therapy Market

  • The global negative pressure wound therapy market report gives widespread outlook on negative pressure wound therapy across the globe with special highlighting on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global negative pressure wound therapy market gives historical, current, and future market sizes (US$ Mn) on the basis of type, wound type, end user, and geographical regions.
Key Players
  • Johnson & Johnson
  • Cardinal Health
  • the 3M Company
  • Coloplast
  • Braun Melsungen
Negative Pressure Wound Therapy Market

DRIVERS AND RESTRAINTS

Development of the worldwide NPWT showcase is for the most part determined by rising selection and developing interest for keen and little NPWT gadgets, combined with financial factors, for example, expanding intense and interminable injury conditions, which are ascribed to developing maturing populace and additionally expanding consume occurrences comprehensively.


North-America Got Significant Share

Negative Pressure Wound Therapy Market

Geographically Negative Pressure Wound Therapy (NPWT) Market is segmented as Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe. North America held the biggest offer of NPWT advertise in 2015 attributable to rising human services consumption and exceptionally created medicinal services foundation in this locale. This has prompted more noteworthy reception of NPWT gadgets in the two doctor’s facilities and additionally homecare settings. Asia Pacific is foreseen to indicate lucrative CAGR over the estimate time frame. This is chiefly because of expanding number of awful accidents, Nephew plc such as consume, which thusly is setting off the interest for treatment in this district.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Negative Pressure Wound Therapy 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

  • Johnson & Johnson (US)
  • Cardinal Health (US)
  • the 3M Company (US)
  • Coloplast (Denmark)
  • Braun Melsungen (Germany)
  • Smith & Nephew (UK)
  • Derma Sciences (US)
  • DSM (Netherlands)
  • Dow Corning Corporation (US)
  • Paul Hartmann (Germany)
  • Alliqua Biomedical (US)

Description

Negative Pressure Wound Therapy Market size was valued at 2.5 billion in 2021 and is expected to reach 3.9 billion by 2028, at a CAGR of 6.1% during the forecast period 2022 to 2028. Negative Pressure Wound Therapy (NPWT) is utilized to treat intense and interminable injuries. A vacuum source makes consistent or discontinuous negative weight inside the injury to expel liquid, exudates, and irresistible materials to set up the injury for mending and conclusion. NPWT frameworks comprise of a vacuum pump, seepage tubing, a froth or bandage wound dressing, and a cement film dressing that spreads and seals the injury. The treatment includes the controlled utilization of sub-air weight to the neighborhood wound condition, utilizing a fixed injury dressing associated with a vacuum pump. Other noticeable variables driving development of the market are mechanical headways identified with the improvement of lighter and sans canister NPWT gadgets and diminishing length of remain in healing facilities because of expanding selection of NPWT gadgets in homecare settings. Be that as it may, expanding difficulties related with NPWT gadgets, absence of gifted clinicians and expanding rivalry from parallel treatments, which have been showing higher viability in treating incessant injuries, are factors anticipated that would control development of the market over the figure time frame. Larger part of the medicinal gadgets makers all around are relied upon to contribute more on mechanical headways and better item outlines to limit the likelihood of complexities related with gadgets and to dispose of the comparing unfriendly effect on persistent security.Negative Pressure Wound Therapy market is encountering tremendous innovative progressions relating to treatment pumps and also dressings. The key players are concentrating on embraced new product improvement methodologies, mergers, and acquisitions. For example, in 2016, Smith and Nephew reported that its single utilize NPWT framework, PICO offers enhanced injury recuperating and diminished confusions post orthopedic medical procedure. Once more, with the presentation of V.A.C. innovation by Acelity, wound care administration portfolio has turned out to be more expanded and is thought to be one of the main advances. Right now, the market is overwhelmed by Acelity, inferable from obtaining of Kinetic Concepts, Inc.(KCI), a noteworthy player in the NPWT showcase. Be that as it may, the rise of new players, for example, Smith and Nephew and ConvaTec are probably going to influence the piece of the overall industry of Acelity over the long haul. Reimbursements are relied upon to be favorable for the NPWT advertise. In the U.S., NPWT items for homecare settings are secured under Medicare and private protection. Henceforth, rising repayment scope has expanded the reasonableness factor of costly NPWT medicines, there by rendering it a potential space for wound care administration. The offers of Acelity’s propelled wound care items saw an ascent after the accessibility of Medicare repayments for V.A.C. treatment for homecare settings.

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX