Global Negative Pressure Wound Therapy (NPWT) Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Conventional NPWT and Single-Use NPWT.

By Wound Type;

Diabetic Foot Ulcer, Pressure Ulcer, Venous Leg Ulcer, Burn Wounds and Others.

By End Use;

Hospital, Homecare and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn795983338 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Negative Pressure Wound Therapy (NPWT) Market (USD Million), 2020 - 2030

In the year 2023, the Global Negative Pressure Wound Therapy (NPWT) Market was valued at USD 2,353.06 million. The size of this market is expected to increase to USD 3,578.04 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.

The global negative pressure wound therapy (NPWT) market has emerged as a critical component in the management and treatment of chronic and acute wounds. NPWT, also known as vacuum-assisted closure therapy, involves the application of negative pressure to wounds, which helps remove excess fluid, reduces edema, promotes granulation tissue formation, and accelerates wound healing. As the prevalence of chronic conditions such as diabetes, obesity, and vascular diseases continues to rise, along with an increasing incidence of acute wounds due to surgical procedures and traumatic injuries, the demand for effective wound management solutions like NPWT is witnessing substantial growth.

One of the primary drivers propelling the global NPWT market is the growing aging population worldwide. Elderly individuals are more susceptible to chronic wounds such as pressure ulcers, diabetic foot ulcers, and venous leg ulcers, due to factors such as reduced skin elasticity, impaired circulation, and comorbidities. NPWT offers a versatile and effective treatment option for managing these complex wounds, leading to improved patient outcomes, reduced healing times, and decreased healthcare costs associated with prolonged hospital stays and complications.

The advantages of NPWT in wound healing have led to its widespread adoption across various healthcare settings. NPWT helps create a moist wound environment, promotes angiogenesis and tissue perfusion, reduces bacterial load, and facilitates the formation of granulation tissue, ultimately accelerating the healing process. This therapy is particularly beneficial for challenging wound types, including large, deep, or infected wounds, as well as wounds with exposed bone or tendon. As healthcare providers increasingly recognize the clinical benefits of NPWT, the market for NPWT devices and consumables continues to expand globally.

Technological advancements in NPWT devices have further propelled market growth, with manufacturers continuously innovating to improve device performance, usability, and patient comfort. Modern NPWT systems offer features such as variable pressure settings, adjustable dressing designs, and portable, lightweight components, allowing for customized treatment regimens tailored to individual patient needs. Furthermore, the rising preference for home-based wound care and the development of portable NPWT devices are opening up new opportunities for market players to tap into the growing demand for outpatient and post-acute wound management solutions, contributing to the continued evolution and expansion of the global NPWT market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Wound Type
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Negative Pressure Wound Therapy (NPWT) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advantages of NPWT in Wound Healing
        2. Technological Advancements in NPWT Devices
        3. Rising Preference for Home-based Wound Care
      2. Restraints
        1. Lack of Skilled Healthcare Professionals
        2. Concerns Regarding Device Complexity and User Training
        3. Risk of Complications and Adverse Events
      3. Opportunities
        1. Development of Portable and Wearable NPWT Devices
        2. Collaboration with Healthcare Providers to Improve Education and Training
        3. Integration of NPWT with Telemedicine and Remote Monitoring Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Negative Pressure Wound Therapy (NPWT) Market, By Product, 2020 - 2030 (USD Million)
      1. Conventional NPWT
      2. Single-Use NPWT
    2. Global Negative Pressure Wound Therapy (NPWT) Market, By Wound Type, 2020 - 2030 (USD Million)
      1. Diabetic Foot Ulcer
      2. Pressure Ulcer
      3. Venous Leg Ulcer
      4. Burn Wounds
      5. Others
    3. Global Negative Pressure Wound Therapy (NPWT) Market, By End Use, 2020 - 2030 (USD Million)
      1. Hospital
      2. Homecare
      3. Others
    4. Global Negative Pressure Wound Therapy (NPWT) Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Acelity L.P. Inc
      2. Talley Group Limited
      3. Smith & Nephew plc
      4. Devon Medical, Inc
      5. Mlnlycke Health Care
      6. Medela AG
      7. DeRoyal Industries, Inc
      8. ConvaTec Inc
      9. Cardinal Health, Inc
  7. Analyst Views
  8. Future Outlook of the Market

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