Negative Pressure Wound Therapy Devices Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product (Reusable NPWT Device and Single-Use NPWT Device), Wound Type (Diabetic Foot Ulcer, Pressure Ulcer, Venous Leg Ulcers, and Others), End User (Hospitals, Homecare, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
The negative pressure wound therapy devices market size is expected to grow from US$ 2.03 billion in 2022 to US$ 3.15 billion by 2030. Factors such as an increase in the prevalence of diabetic foot ulcers, pressure ulcers, etc., are likely to propel the continuous growth of the negative pressure wound therapy devices market.
Increase in Use of Negative Pressure Wound Therapy Devices Drives Market Growth
The use of negative pressure wound therapy (NPWT) as a surgical, chronic, and acute wound treatment option is growing. It is also used to specialize in managing open abdominal wounds (laparotomies) that expose the stomach and other intraperitoneal organs. The length of hospital in-patient stays is decreasing, leading to a rise in the use of NPWT in community settings. Community nurses are now managing many patients who would have otherwise been admitted to an acute setting with complex or highly exuding wounds. This, in turn, augments the use of negative pressure wound therapy device products, thereby driving the market's growth. For instance, according to PressQIPP, Every year, over US$ 3.36 million (?3.1 million) is spent in England and Wales on prescription supplies used in negative pressure wound therapy (NPWT).
Market Trend
Technological Advancement in Negative Pressure Wound Therapy Devices
The negative pressure wound therapy devices market trends include technological advancement. The integration of smart technologies for real-time monitoring of wound conditions, which allows healthcare professionals to track healing progress remotely, the development of more compact and wearable NPWT devices, which offer increased mobility for patients and may improve adherence to treatment plans, and the use of novel materials in dressing components to improve the efficacy of NPWT and encourage better wound healing are examples of technological advancements in NPWT devices. NPWT with instillation is one of the newest innovations in negative pressure. This leaves the foam dressing in place and combines irrigation and lavage of the wound with subsequent fluid removal by negative pressure at automated, timed repetitive intervals. Cutting-edge technology combines the VAC Ulta (KCI) NPWT system with VAC VeraFlo Therapy (KCI) to maintain minimum negative pressure between fluid instillation periods.
Negative Pressure Wound Therapy Devices Market, by Product:
Based on the product, the negative pressure wound therapy devices market analysis is carried out by considering the following segments: reusable NPWT devices and single-use NPWT devices. The reusable NPWT device segment held the largest market share in 2022. Reusable devices have advantages such as cost-effectiveness, patient safety, etc., which leads to an increase in the use of reusable NPWT devices and thereby drives the growth of the segment
Negative Pressure Wound Therapy Devices Market, by Wound Type:
By wound type, the market is segmented as a diabetic foot ulcer, pressure ulcer, venous leg ulcers, and others. The pressure ulcer segment held the largest negative pressure wound therapy devices market share in 2022. Enhance overall patient care outcomes by raising awareness at all levels, from the general public to healthcare professionals, likely drives the segment's growth.
Competitive Landscape and Key Companies:
3M, Smith+Nephew, DeRoyal Industries, Inc., Nexa Medical Limited, Lion Street Medical, LLC (Pensar Medical LLC), ConvaTec Inc., Cardinal Health, Inc., M?¶lnlycke Health Care AB, PAUL HARTMANN, and Medela AG are the prominent companies in the negative pressure wound therapy devices market report. These companies focus on new technologies, upgrading existing products, and geographic expansions to meet the growing consumer demand worldwide.
Increase in Use of Negative Pressure Wound Therapy Devices Drives Market Growth
The use of negative pressure wound therapy (NPWT) as a surgical, chronic, and acute wound treatment option is growing. It is also used to specialize in managing open abdominal wounds (laparotomies) that expose the stomach and other intraperitoneal organs. The length of hospital in-patient stays is decreasing, leading to a rise in the use of NPWT in community settings. Community nurses are now managing many patients who would have otherwise been admitted to an acute setting with complex or highly exuding wounds. This, in turn, augments the use of negative pressure wound therapy device products, thereby driving the market's growth. For instance, according to PressQIPP, Every year, over US$ 3.36 million (?3.1 million) is spent in England and Wales on prescription supplies used in negative pressure wound therapy (NPWT).
Market Trend
Technological Advancement in Negative Pressure Wound Therapy Devices
The negative pressure wound therapy devices market trends include technological advancement. The integration of smart technologies for real-time monitoring of wound conditions, which allows healthcare professionals to track healing progress remotely, the development of more compact and wearable NPWT devices, which offer increased mobility for patients and may improve adherence to treatment plans, and the use of novel materials in dressing components to improve the efficacy of NPWT and encourage better wound healing are examples of technological advancements in NPWT devices. NPWT with instillation is one of the newest innovations in negative pressure. This leaves the foam dressing in place and combines irrigation and lavage of the wound with subsequent fluid removal by negative pressure at automated, timed repetitive intervals. Cutting-edge technology combines the VAC Ulta (KCI) NPWT system with VAC VeraFlo Therapy (KCI) to maintain minimum negative pressure between fluid instillation periods.
Negative Pressure Wound Therapy Devices Market, by Product:
Based on the product, the negative pressure wound therapy devices market analysis is carried out by considering the following segments: reusable NPWT devices and single-use NPWT devices. The reusable NPWT device segment held the largest market share in 2022. Reusable devices have advantages such as cost-effectiveness, patient safety, etc., which leads to an increase in the use of reusable NPWT devices and thereby drives the growth of the segment
Negative Pressure Wound Therapy Devices Market, by Wound Type:
By wound type, the market is segmented as a diabetic foot ulcer, pressure ulcer, venous leg ulcers, and others. The pressure ulcer segment held the largest negative pressure wound therapy devices market share in 2022. Enhance overall patient care outcomes by raising awareness at all levels, from the general public to healthcare professionals, likely drives the segment's growth.
Competitive Landscape and Key Companies:
3M, Smith+Nephew, DeRoyal Industries, Inc., Nexa Medical Limited, Lion Street Medical, LLC (Pensar Medical LLC), ConvaTec Inc., Cardinal Health, Inc., M?¶lnlycke Health Care AB, PAUL HARTMANN, and Medela AG are the prominent companies in the negative pressure wound therapy devices market report. These companies focus on new technologies, upgrading existing products, and geographic expansions to meet the growing consumer demand worldwide.
1. INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. RESEARCH METHODOLOGY
4. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET LANDSCAPE
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET - KEY MARKET DYNAMICS
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1 Negative Pressure Wound Therapy Devices - Global Market Overview
6.2 Negative Pressure Wound Therapy Devices - Global Market and Forecast to 2030
7. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY PRODUCT, 2020-2030
7.1 Overview
7.2 Reusable NPWT Device
7.3 Single-use NPWT Device
8. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY WOUND TYPE, 2020-2030
8.1 Overview
8.2 Diabetic Foot Ulcer
8.3 Pressure Ulcer
8.4 Venous Leg Ulcer
8.5 Others
9. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY END USER, 2020-2030
9.1 Overview
9.2 Hospitals
9.3 Homecare
9.4 Others
10. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET - REVENUE ANALYSIS (USD MILLION), 2020-2030 – GEOGRAPHICAL ANALYSIS
10.1 North America
10.1.1 North America Negative Pressure Wound Therapy Devices Market Overview
10.1.2 North America Negative Pressure Wound Therapy Devices Market Revenue and Forecasts to 2031
10.1.3 North America Negative Pressure Wound Therapy Devices Market Revenue and Forecasts and Analysis - By Product
10.1.4 North America Negative Pressure Wound Therapy Devices Market Revenue and Forecasts and Analysis - By Wound Type
10.1.5 North America Negative Pressure Wound Therapy Devices Market Revenue and Forecasts and Analysis - By End User
10.1.6 North America Negative Pressure Wound Therapy Devices Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 United States Negative Pressure Wound Therapy Devices Market
10.1.6.1.1 United States Negative Pressure Wound Therapy Devices Market, by Product
10.1.6.1.2 United States Negative Pressure Wound Therapy Devices Market, by Wound Type
10.1.6.1.3 United States Negative Pressure Wound Therapy Devices Market, by End User
10.1.6.2 Canada Negative Pressure Wound Therapy Devices Market
10.1.6.2.1 Canada Negative Pressure Wound Therapy Devices Market, by Product
10.1.6.2.2 Canada Negative Pressure Wound Therapy Devices Market, by Wound Type
10.1.6.2.3 Canada Negative Pressure Wound Therapy Devices Market, by End User
10.1.6.3 Mexico Negative Pressure Wound Therapy Devices Market
10.1.6.3.1 Mexico Negative Pressure Wound Therapy Devices Market, by Product
10.1.6.3.2 Mexico Negative Pressure Wound Therapy Devices Market, by Wound Type
10.1.6.3.3 Mexico Negative Pressure Wound Therapy Devices Market, by End User
Note - Similar analysis would be provided for below mentioned regions/countries
10.2 Europe
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Middle East and Africa
10.4.1 South Africa
10.4.2 Saudi Arabia
10.4.3 U.A.E
10.4.4 Rest of Middle East and Africa
10.5 South and Central America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Rest of South and Central America
11. INDUSTRY LANDSCAPE
11.1 Mergers and Acquisitions
11.2 Agreements, Collaborations, Joint Ventures
11.3 New Product Launches
11.4 Expansions and Other Strategic Developments
12. COMPETITIVE LANDSCAPE
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration
13. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET - KEY COMPANY PROFILES
13.1 3M
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
Note - Similar information would be provided for below list of companies
13.2 Smith+Nephew
13.3 DeRoyal Industries, Inc.
13.4 Lion Street Medical, LLC (Pensar Medical, LLC)
13.5 Convatec Inc.
13.6 Cardinal Health
13.7 Mцlnlycke Health Care AB
13.8 PAUL HARTMANN AG
13.9 Medela
13.10 Nexa Medical Limited
14. APPENDIX
14.1 Glossary
14.2 About The Insight Partners
14.3 Market Intelligence Cloud
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. RESEARCH METHODOLOGY
4. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET LANDSCAPE
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET - KEY MARKET DYNAMICS
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1 Negative Pressure Wound Therapy Devices - Global Market Overview
6.2 Negative Pressure Wound Therapy Devices - Global Market and Forecast to 2030
7. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY PRODUCT, 2020-2030
7.1 Overview
7.2 Reusable NPWT Device
7.3 Single-use NPWT Device
8. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY WOUND TYPE, 2020-2030
8.1 Overview
8.2 Diabetic Foot Ulcer
8.3 Pressure Ulcer
8.4 Venous Leg Ulcer
8.5 Others
9. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY END USER, 2020-2030
9.1 Overview
9.2 Hospitals
9.3 Homecare
9.4 Others
10. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET - REVENUE ANALYSIS (USD MILLION), 2020-2030 – GEOGRAPHICAL ANALYSIS
10.1 North America
10.1.1 North America Negative Pressure Wound Therapy Devices Market Overview
10.1.2 North America Negative Pressure Wound Therapy Devices Market Revenue and Forecasts to 2031
10.1.3 North America Negative Pressure Wound Therapy Devices Market Revenue and Forecasts and Analysis - By Product
10.1.4 North America Negative Pressure Wound Therapy Devices Market Revenue and Forecasts and Analysis - By Wound Type
10.1.5 North America Negative Pressure Wound Therapy Devices Market Revenue and Forecasts and Analysis - By End User
10.1.6 North America Negative Pressure Wound Therapy Devices Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 United States Negative Pressure Wound Therapy Devices Market
10.1.6.1.1 United States Negative Pressure Wound Therapy Devices Market, by Product
10.1.6.1.2 United States Negative Pressure Wound Therapy Devices Market, by Wound Type
10.1.6.1.3 United States Negative Pressure Wound Therapy Devices Market, by End User
10.1.6.2 Canada Negative Pressure Wound Therapy Devices Market
10.1.6.2.1 Canada Negative Pressure Wound Therapy Devices Market, by Product
10.1.6.2.2 Canada Negative Pressure Wound Therapy Devices Market, by Wound Type
10.1.6.2.3 Canada Negative Pressure Wound Therapy Devices Market, by End User
10.1.6.3 Mexico Negative Pressure Wound Therapy Devices Market
10.1.6.3.1 Mexico Negative Pressure Wound Therapy Devices Market, by Product
10.1.6.3.2 Mexico Negative Pressure Wound Therapy Devices Market, by Wound Type
10.1.6.3.3 Mexico Negative Pressure Wound Therapy Devices Market, by End User
Note - Similar analysis would be provided for below mentioned regions/countries
10.2 Europe
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Middle East and Africa
10.4.1 South Africa
10.4.2 Saudi Arabia
10.4.3 U.A.E
10.4.4 Rest of Middle East and Africa
10.5 South and Central America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Rest of South and Central America
11. INDUSTRY LANDSCAPE
11.1 Mergers and Acquisitions
11.2 Agreements, Collaborations, Joint Ventures
11.3 New Product Launches
11.4 Expansions and Other Strategic Developments
12. COMPETITIVE LANDSCAPE
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration
13. NEGATIVE PRESSURE WOUND THERAPY DEVICES MARKET - KEY COMPANY PROFILES
13.1 3M
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
Note - Similar information would be provided for below list of companies
13.2 Smith+Nephew
13.3 DeRoyal Industries, Inc.
13.4 Lion Street Medical, LLC (Pensar Medical, LLC)
13.5 Convatec Inc.
13.6 Cardinal Health
13.7 Mцlnlycke Health Care AB
13.8 PAUL HARTMANN AG
13.9 Medela
13.10 Nexa Medical Limited
14. APPENDIX
14.1 Glossary
14.2 About The Insight Partners
14.3 Market Intelligence Cloud
