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Asia Pacific Vacuum Therapy Devices Market Size study, by (Negative Pressure Wound Therapy, Vacuum Constriction Devices) by Application (Chronic wounds, Acute Wounds, Erectile Dysfunction) and Country Forecasts 2022-2032

June 2024 | 200 pages | ID: A5EC7A09933EEN
Bizwit Research & Consulting LLP

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Asia Pacific Vacuum Therapy Devices Market is valued approximately at USD 707.49 million in 2023 and is anticipated to grow with a healthy growth rate of more than 5.17% over the forecast period 2024-2032. A vacuum treatment device is a suction device that removes air from a cupped area of a patient's skin in order to cure erectile dysfunction, promote blood flow to certain areas of the body, aid in the healing of wounds, and remove skin imperfections. Vacuum Therapy Devices are generally offered into two types that are negative pressure wound therapy and vacuum constriction devices. Negative pressure wound therapy (NPWT) devices are utilized for various vacuum therapy and erectile disorders. NPWT employs sub-atmospheric pressure in specialized equipment to facilitate the healing of both acute and chronic wounds, such as burns, diabetic ulcers, and arterial ulcers. These devices utilize a wound dressing to apply pressure, consisting of a vacuum pump, advanced wound dressing, and drainage tubing, all aimed at controlling suction power. NPWT devices contribute to promoting efficient wound healing by increasing blood flow to the affected area and extracting pus and debris from the wound. The growing adoption of non-invasive and minimally invasive treatments is poised to fosters the growth of the Asia Pacific Vacuum Therapy Devices Market during the estimated period of 2024-2032. Healthcare providers and patients are favoring vacuum therapy devices due to their non-surgical approach in treating conditions such wounds, erectile dysfunction, and lymphedema. This preference stems from the advantages of quicker recovery, reduced complications, and enhanced patient comfort compared to conventional surgical options.

The increasing incidence of chronic diseases such as diabetes, cardiovascular disorders, and obesity in the Asia Pacific region is driving the demand for vacuum therapy devices, particularly for wound care and related treatments. Along with this, rising healthcare expenditure and investment in healthcare infrastructure across Asia Pacific countries are driving the adoption of advanced medical technologies, including vacuum therapy devices, to improve patient outcomes and enhance healthcare delivery. Moreover, the rising aging population, increasing road accidents, as well as increased awareness among healthcare professionals and patients about the benefits of these devices also contributes to market growth, leading to expanded adoption and utilization across the Asia Pacific region. Furthermore, the focus on home-based healthcare and self-administered treatments is growing, aligning with the convenience and cost-effectiveness offered by vacuum therapy devices. However, high-cost of vacuum therapy devices along with the competition from alternative treatments are expected to hamper market growth during the forecast period of 2024-2032.

The key Countries considered for the Asia Pacific Vacuum Therapy Devices Market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, China was the largest regional market in terms of revenue. The increased healthcare expenditure and investments in healthcare infrastructure in China are driving the adoption of advanced medical technologies, including vacuum therapy devices. Also, regulatory support and favorable reimbursement policies also contribute to market growth by encouraging healthcare providers to offer vacuum therapy treatments to patients. Furthermore, rising technological advancements supports in the market's expansion, with the development of innovative and user-friendly vacuum therapy devices enhancing their accessibility and adoption among healthcare providers and patients in China. The market in India, on the other hand, is expected to grow at the fastest rate over the forecast period.

Major market player included in this report are:
Vacurect Pvt. Ltd
Mindray Bio-Medical Electronics Co., Ltd.
Philips Electronics Singapore Pte Ltd
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Product Type
Negative Pressure Wound Therapy
Vacuum Constriction Devices

By Application
Chronic wounds
Acute Wounds
Erectile Dysfunction

By Region:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
CHAPTER 1. ASIA PACIFIC VACUUM THERAPY DEVICES MARKET DEFINITION AND RESEARCH ASSUMPTIONS

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
  1.3.1. Inclusion & Exclusion
  1.3.2. Limitations
  1.3.3. Supply Side Analysis
    1.3.3.1. Availability
    1.3.3.2. Infrastructure
    1.3.3.3. Regulatory Environment
    1.3.3.4. Market Competition
    1.3.3.5. Economic Viability (Consumer’s Perspective)
  1.3.4. Demand Side Analysis
    1.3.4.1. Regulatory frameworks
    1.3.4.2. Technological Advancements
    1.3.4.3. Environmental Considerations
    1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Asia Pacific Vacuum Therapy Devices Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
  2.3.1. By Product Type
  2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

CHAPTER 3. ASIA PACIFIC VACUUM THERAPY DEVICES MARKET DYNAMICS

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

CHAPTER 4. ASIA PACIFIC VACUUM THERAPY DEVICES MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economic
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. ASIA PACIFIC VACUUM THERAPY DEVICES MARKET SIZE & FORECASTS BY PRODUCT TYPE 2022-2032

5.1. Negative Pressure Wound Therapy
5.2. Vacuum Constriction Devices

CHAPTER 6. ASIA PACIFIC VACUUM THERAPY DEVICES MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

6.1. Chronic wounds
6.2. Acute Wounds
6.3. Erectile Dysfunction

CHAPTER 7. ASIA PACIFIC VACUUM THERAPY DEVICES MARKET SIZE & FORECASTS BY COUNTRY 2022-2032

7.1. China Vacuum Therapy Devices Market
  7.1.1. Product Type breakdown size & forecasts, 2022-2032
  7.1.2. Application breakdown size & forecasts, 2022-2032
7.2. India Vacuum Therapy Devices Market
7.3. Japan Vacuum Therapy Devices Market
7.4. Australia Vacuum Therapy Devices Market
7.5. South Korea Vacuum Therapy Devices Market
7.6. Rest of Asia Pacific Vacuum Therapy Devices Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Vacurect Pvt. Ltd
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Market Strategies
  8.3.2. Mindray Bio-Medical Electronics Co., Ltd.
  8.3.3. Philips Electronics Singapore Pte Ltd
  8.3.4. Company
  8.3.5. Company
  8.3.6. Company
  8.3.7. Company
  8.3.8. Company
  8.3.9. Company
  8.3.10. Company

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Asia Pacific Vacuum Therapy Devices Market, report scope
TABLE 2. Asia Pacific Vacuum Therapy Devices Market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Asia Pacific Vacuum Therapy Devices Market estimates & forecasts by Product Type 2022-2032 (USD Million)
TABLE 4. Asia Pacific Vacuum Therapy Devices Market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5. Asia Pacific Vacuum Therapy Devices Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Asia Pacific Vacuum Therapy Devices Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Asia Pacific Vacuum Therapy Devices Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Asia Pacific Vacuum Therapy Devices Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Asia Pacific Vacuum Therapy Devices Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Asia Pacific Vacuum Therapy Devices Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Asia Pacific Vacuum Therapy Devices Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Asia Pacific Vacuum Therapy Devices Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Asia Pacific Vacuum Therapy Devices Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Asia Pacific Vacuum Therapy Devices Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. China Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. China Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 17. China Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. India Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 19. India Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20. India Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. Japan Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 22. Japan Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23. Japan Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. Australia Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 25. Australia Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 26. Australia Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. South Korea Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 28. South Korea Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 29. South Korea Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30.
TABLE 31. RoAPAC Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 32. RoAPAC Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33. RoAPAC Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 34. List of secondary sources, used in the study of Asia Pacific Vacuum Therapy Devices Market.
TABLE 35. List of primary sources, used in the study of Asia Pacific Vacuum Therapy Devices Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered

LIST OF FIGURES

FIG 1. Asia Pacific Vacuum Therapy Devices Market, research methodology
FIG 2. Asia Pacific Vacuum Therapy Devices Market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific Vacuum Therapy Devices Market, key trends 2023
FIG 5. Asia Pacific Vacuum Therapy Devices Market, growth prospects 2022-2032
FIG 6. Asia Pacific Vacuum Therapy Devices Market, porters 5 force model
FIG 7. Asia Pacific Vacuum Therapy Devices Market, pestel analysis
FIG 8. Asia Pacific Vacuum Therapy Devices Market, value chain analysis
FIG 9. Asia Pacific Vacuum Therapy Devices Market by segment, 2022 & 2032 (USD Million)
FIG 10. Asia Pacific Vacuum Therapy Devices Market by segment, 2022 & 2032 (USD Million)
FIG 11. Asia Pacific Vacuum Therapy Devices Market by segment, 2022 & 2032 (USD Million)
FIG 12. Asia Pacific Vacuum Therapy Devices Market by segment, 2022 & 2032 (USD Million)
FIG 13. Asia Pacific Vacuum Therapy Devices Market by segment, 2022 & 2032 (USD Million)
FIG 14. Asia Pacific Vacuum Therapy Devices Market, Country snapshot 2022 & 2032
FIG 15. Asia pacific Vacuum Therapy Devices Market 2022 & 2032 (USD Million)
FIG 16. Asia Pacific Vacuum Therapy Devices Market, company market share analysis (2023)


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