· Global negative pressure wound therapy devices market was valued at USD 2.55 billion in 2021 and is expected to reach USD 4.26 billion by 2029, registering a CAGR of 6.60% during the forecast period of 2022-2029. The “diabetic ulcers” accounts for the largest wound type segment in the negative pressure wound therapy devices market within the forecasted period owing to the high prevalence of diabetic ulcers within forecasted period. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Market Analysis and Insights
Negative pressure wound therapy (NPWT), also known as vacuum-assisted wound closure, refers to wound dressing systems that supply sub-atmospheric pressure to the system that gives positive pressure to the wound's surface on an intermittent or continuous basis. They treat wounds using negative pressure. A pump is included in these devices, and it is responsible for creating negative pressure around a wound. Canisters are also included in the device, used to collect exudate material from a wound.
The growing incidences of various chronic wounds (such as venous ulcers, diabetic foot ulcers, and pressure ulcers) and the surgical wounds are the most significant factors estimated to drive the growth for this market. Moreover, the factors such as the rising prevalence of diabetes, surge in number of casualties due to accidents and traumas, high burn cases, the high rate of cesarean sections in elderly mothers are also expected to accelerate the overall growth of the market.
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Global Negative Pressure Wound Therapy Devices Market Scope
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Product Type
· Stand-Alone
· Portable
· Disposable
On the basis of product type, the negative pressure wound therapy devices market is segmented into stand-alone, portable and disposable.
Wound Type
· Surgical Wound
· Diabetic Ulcers
· Burn
· Pressure Ulcers
· Venous Ulcers
· Others
On the basis of wound type, the negative pressure wound therapy devices market is segmented into surgical wound, diabetic ulcers, burn, pressure ulcers, venous ulcers and others. Diabetic ulcers will show a significant CAGR growth owing to the high prevalence of diabetic ulcers within forecasted period.
End User
· Hospitals
· Wound Care Centers
· Ambulatory Centers
· Home Healthcare
· Clinics
· Community Centers
On the basis of technology, the negative pressure wound therapy devices market is segmented into microbiology, PCR, sequencing and biomarkers.
Distribution Channel
· Direct Tenders
· Retail
On the basis of distribution channel, the negative pressure wound therapy devices market is segmented into direct tenders and retail.
Application
· Chronic Wounds
· Acute Wounds
On the basis of application, the negative pressure wound therapy devices market is bifurcated into chronic wounds and acute wounds.
Global Negative Pressure Wound Therapy Devices Market Country Level Analysis
The countries covered in the negative pressure wound therapy devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Major TOC of the Global Negative Pressure Wound Therapy Devices Market Report
Chapter One:
MARKET SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET OVERVIEW
Competitive Landscape and Global Negative Pressure Wound Therapy Devices Market Share Analysis
Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to negative pressure wound therapy devices market.
Some of the major players operating in the negative pressure wound therapy devices market are
3M (U.S), Smith+Nephew (UK), Mölnlycke Healthcare AB (Sweden), ConvaTec Group Plc (UK), Cardinal Health (US), Paul Hartmann AG (Germany), DeRoyal Industries Inc., (U.S), Lohmann & Rauscher GmbH & Co. KG (Germany), Medela AG (Switzerland), Genadyne, (U.S), Triage Meditech Pvt. Ltd. (India), Talley Group Ltd., (UK), Alleva Medical (China), Cork Medical, LLC (U.S), 4L Health Co. Ltd. (China), Carilex Medical (Germany), Pensar Medical, LLC., (US), and Haromed (Belgium) among others.
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