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Global Vacuum Therapy Devices Market Size study, by Product Type (Negative Pressure Wound Therapy, Vacuum Constriction Devices) by Application (Chronic wounds, Acute Wounds, Erectile Dysfunction) and Regional Forecasts 2022-2032

June 2024 | 200 pages | ID: GE3BF1619E11EN
Bizwit Research & Consulting LLP

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Global Vacuum Therapy Devices Market is valued approximately at USD 2021.4 million in 2023 and is anticipated to grow with a healthy growth rate of more than 4.21% over the forecast period 2024-2032. A vacuum treatment device is a suction apparatus designed to remove air from a cupped area of a patient's skin. It is used for treating erectile dysfunction, promoting blood flow to specific body areas, aiding wound healing, and removing skin imperfections. There are two main types of vacuum therapy devices: negative pressure wound therapy (NPWT) devices and vacuum constriction devices. NPWT devices are employed for a range of vacuum therapies, including the treatment of 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 rise in integration of advanced technology and growing digitalization is a key emerging trend that is poised to fosters the growth of the Global Vacuum Therapy Devices Market during the estimated period of 2024-2032.

In addition, the growing awareness about the benefits of vacuum therapy and the rise in chronic disease cases are anticipated to drive market growth significantly. Vacuum therapy, primarily employed for wound healing purposes, is poised for increased adoption due to the escalating prevalence of wounds. A study published in the SAGE Journal in August 2021 highlighted that venous leg ulcers (VLU) constitute 70% of all chronic leg ulcers, with a recurrence rate of 60-70% over ten years. Additionally, deep venous ulcers contribute to 90% of venous return to the right atrium from the lower extremities. Accordingly, the utilization of vacuum medical devices is expected to propel market expansion across the globe. Furthermore, the escalating incidence of injuries and road accidents is poised to bolster market expansion. As per the World Health Organization (WHO) Report as of December 2023, there are around 20-50 million individuals are projected to experience non-fatal injuries, which is generally leading to disabilities. Also, 92% of global road fatalities occur in low and middle-income countries, despite these nations accounting for around 60% of the world's vehicles. Even in high-income countries, individuals from lower socioeconomic backgrounds are disproportionately affected by road traffic accidents. Consequently, the rising prevalence of injuries because of road traffic incidents is anticipated to drive market growth in the anticipated years. 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 regions considered for the global Vacuum Therapy Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the largest regional market in terms of revenue because of owing the increase in number of road accidents and higher prevalence of chronic diseases, such as venous diseases. Moreover, it is anticipated that the market players' strategic activities propel the expansion of the regional market over the projected period. For instance, in September 2022, the Food and Drug Administration approved Applied Tissue Technologies' non-foam negative pressure wound care device. Whereas, the market in Asia Pacific is expected to grow at the fastest rate over the forecast period.

Major market player included in this report are:
Molnlycke Health Care AB
Talley Group Ltd
Augustus Medical Systems
Boston Scientific Corporation
Cardinal Health
Coloplast Corp
Smith & Nephew PLC
Vacurect
ConvaTec Inc.
Molnlycke Health Care AB

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:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

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 regional 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. GLOBAL 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. Global 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. GLOBAL VACUUM THERAPY DEVICES MARKET DYNAMICS

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

CHAPTER 4. GLOBAL 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. GLOBAL VACUUM THERAPY DEVICES MARKET SIZE & FORECASTS BY PRODUCT TYPE 2022-2032

5.1. Negative Pressure Wound Therapy
5.2. Vacuum Constriction Devices

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

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

CHAPTER 7. GLOBAL VACUUM THERAPY DEVICES MARKET SIZE & FORECASTS BY REGION 2022-2032

7.1. North America Vacuum Therapy Devices Market
  7.1.1. U.S. Vacuum Therapy Devices Market
    7.1.1.1. Product Type breakdown size & forecasts, 2022-2032
    7.1.1.2. Application breakdown size & forecasts, 2022-2032
  7.1.2. Canada Vacuum Therapy Devices Market
7.2. Europe Vacuum Therapy Devices Market
  7.2.1. U.K. Vacuum Therapy Devices Market
  7.2.2. Germany Vacuum Therapy Devices Market
  7.2.3. France Vacuum Therapy Devices Market
  7.2.4. Spain Vacuum Therapy Devices Market
  7.2.5. Italy Vacuum Therapy Devices Market
  7.2.6. Rest of Europe Vacuum Therapy Devices Market
7.3. Asia-Pacific Vacuum Therapy Devices Market
  7.3.1. China Vacuum Therapy Devices Market
  7.3.2. India Vacuum Therapy Devices Market
  7.3.3. Japan Vacuum Therapy Devices Market
  7.3.4. Australia Vacuum Therapy Devices Market
  7.3.5. South Korea Vacuum Therapy Devices Market
  7.3.6. Rest of Asia Pacific Vacuum Therapy Devices Market
7.4. Latin America Vacuum Therapy Devices Market
  7.4.1. Brazil Vacuum Therapy Devices Market
  7.4.2. Mexico Vacuum Therapy Devices Market
  7.4.3. Rest of Latin America Vacuum Therapy Devices Market
7.5. Middle East & Africa Vacuum Therapy Devices Market
  7.5.1. Saudi Arabia Vacuum Therapy Devices Market
  7.5.2. South Africa Vacuum Therapy Devices Market
  7.5.3. Rest of Middle East & Africa 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. Molnlycke Health Care AB
    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. Talley Group Ltd
  8.3.3. Augustus Medical Systems
  8.3.4. Boston Scientific Corporation
  8.3.5. Cardinal Health
  8.3.6. Coloplast Corp
  8.3.7. Smith & Nephew PLC
  8.3.8. Vacurect
  8.3.9. ConvaTec Inc.
  8.3.10. Molnlycke Health Care AB

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. Global Vacuum Therapy Devices Market, report scope
TABLE 2. Global Vacuum Therapy Devices Market estimates & forecasts by Region 2022-2032 (USD Million)
TABLE 3. Global Vacuum Therapy Devices Market estimates & forecasts by Product Type 2022-2032 (USD Million)
TABLE 4. Global Vacuum Therapy Devices Market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5. Global Vacuum Therapy Devices Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Global Vacuum Therapy Devices Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Global Vacuum Therapy Devices Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Global Vacuum Therapy Devices Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Global Vacuum Therapy Devices Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Global Vacuum Therapy Devices Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Global Vacuum Therapy Devices Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Global Vacuum Therapy Devices Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Global Vacuum Therapy Devices Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Global Vacuum Therapy Devices Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. U.S. Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. U.S. Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 17. U.S. Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. Canada Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 19. Canada Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20. Canada Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. UK Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 22. UK Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23. UK Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. Germany Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 25. Germany Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 26. Germany Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. France Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 28. France Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 29. France Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30. Italy Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 31. Italy Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 32. Italy Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33. Spain Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 34. Spain Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 35. Spain Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 36. RoE Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 37. RoE Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 38. RoE Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 39. China Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 40. China Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 41. China Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 42. India Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 43. India Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 44. India Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 45. Japan Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 46. Japan Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 47. Japan Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 48. Australia Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 49. Australia Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 50. Australia Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 51. South Korea Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 52. South Korea Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 53. South Korea Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 54.
TABLE 55. RoAPAC Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 56. RoAPAC Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 57. RoAPAC Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 58. Brazil Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 59. Brazil Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 60. Brazil Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 61. Mexico Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 62. Mexico Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 63. Mexico Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 64. RoLA Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 65. RoLA Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 66. RoLA Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 67. Saudi Arabia Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 68. Saudi Arabia Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 69. Saudi Arabia Vacuum Therapy Devices Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 70. South Africa Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 71.
TABLE 72. South Africa Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 73. South Africa Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 74. RoMEA Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 75. RoMEA Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 76. RoMEA Vacuum Therapy Devices Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 77. List of secondary sources, used in the study of Global Vacuum Therapy Devices Market.
TABLE 78. List of primary sources, used in the study of Global Vacuum Therapy Devices Market.
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Vacuum Therapy Devices Market, research methodology
FIG 2. Global Vacuum Therapy Devices Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Vacuum Therapy Devices Market, key trends 2023
FIG 5. Global Vacuum Therapy Devices Market, growth prospects 2022-2032
FIG 6. Global Vacuum Therapy Devices Market, porters 5 force model
FIG 7. Global Vacuum Therapy Devices Market, pestel analysis
FIG 8. Global Vacuum Therapy Devices Market, value chain analysis
FIG 9. Global Vacuum Therapy Devices Market by segment, 2022 & 2032 (USD Million)
FIG 10. Global Vacuum Therapy Devices Market by segment, 2022 & 2032 (USD Million)
FIG 11. Global Vacuum Therapy Devices Market by segment, 2022 & 2032 (USD Million)
FIG 12. Global Vacuum Therapy Devices Market by segment, 2022 & 2032 (USD Million)
FIG 13. Global Vacuum Therapy Devices Market by segment, 2022 & 2032 (USD Million)
FIG 14. Global Vacuum Therapy Devices Market, regional snapshot 2022 & 2032
FIG 15. North America Vacuum Therapy Devices Market 2022 & 2032 (USD Million)
FIG 16. Europe Vacuum Therapy Devices Market 2022 & 2032 (USD Million)
FIG 17. Asia pacific Vacuum Therapy Devices Market 2022 & 2032 (USD Million)
FIG 18. Latin America Vacuum Therapy Devices Market 2022 & 2032 (USD Million)
FIG 19. Middle East & Africa Vacuum Therapy Devices Market 2022 & 2032 (USD Million)
FIG 20. Global Vacuum Therapy Devices Market, company market share analysis (2023)


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