The market for negative pressure wound therapy devices is projected to expand from US$ 2.03 billion in 2022 to US$ 3.15 billion by 2030.
Several factors, including the rising incidence of diabetic foot ulcers and pressure ulcers, are anticipated to significantly drive the ongoing growth of the negative pressure wound therapy devices market.
Growing Adoption of Negative Pressure Wound Therapy Devices
The application of negative pressure wound therapy (NPWT) is increasingly recognized as an effective treatment for surgical, chronic, and acute wounds. This therapy is particularly beneficial for managing open abdominal wounds, such as laparotomies, which expose the abdominal cavity and its organs. As hospital stays for inpatients become shorter, there is a notable increase in the utilization of NPWT in community healthcare settings. Community nurses are now taking care of numerous patients who would have previously required hospitalization for complex or heavily exuding wounds. This shift contributes to a higher demand for negative pressure wound therapy devices, thus propelling market growth. For example, data from PressQIPP indicates that annually, over US$ 3.36 million (?3.1 million) is allocated in England and Wales for prescription supplies related to NPWT.
Market Trends
One of the key trends in the negative pressure wound therapy devices market is the advancement in technology. Innovations include the incorporation of smart technologies that facilitate real-time monitoring of wound conditions, enabling healthcare providers to remotely assess healing progress. Additionally, the development of more compact and portable NPWT devices enhances patient mobility and may lead to better adherence to treatment regimens. The introduction of advanced materials in dressing components aims to boost the effectiveness of NPWT and promote improved wound healing outcomes. A notable innovation in this field is NPWT with instillation, which maintains the foam dressing in place while combining irrigation and lavage of the wound with subsequent fluid removal through negative pressure at automated, timed intervals. The integration of the VAC Ulta (KCI) NPWT system with VAC VeraFlo Therapy (KCI) exemplifies cutting-edge technology that maintains minimal negative pressure between fluid instillation phases.
Negative Pressure Wound Therapy Devices Market Segmentation by Product
The analysis of the negative pressure wound therapy devices market is segmented by product type into reusable NPWT devices and single-use NPWT devices. In 2022, the reusable NPWT device segment commanded the largest market share. The advantages of reusable devices, such as cost-effectiveness and enhanced patient safety, contribute to their increasing adoption, thereby driving the growth of this segment.
Negative Pressure Wound Therapy Devices Market Segmentation by Wound Type
When categorized by wound type, the market includes diabetic foot ulcers, pressure ulcers, venous leg ulcers, and other categories. The pressure ulcer segment represented the largest share of the negative pressure wound therapy devices market in 2022. The growth of this segment is likely fueled by efforts to improve overall patient care outcomes through heightened awareness among the general public and healthcare professionals alike.
Competitive Landscape and Key Players
Prominent companies operating in the negative pressure wound therapy devices market include 3M, Smith+Nephew, DeRoyal Industries, Inc., Nexa Medical Limited, Lion Street Medical, LLC (Pensar Medical LLC), ConvaTec Inc., Cardinal Health, Inc., Mölnlycke Health Care AB, PAUL HARTMANN, and Medela AG. These companies are actively engaged in developing new technologies, enhancing existing products, and expanding their geographic reach to satisfy the increasing global demand for negative pressure wound therapy solutions.
TABLE OF CONTENTS
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 M?lnlycke Health Care AB
13.8 PAUL HARTMANN AG
13.9 Medela
13.10 Nexa Medical Limited
14. Appendix
14.1 Glossary
14.2 About
14.3 Market Intelligence Cloud
LIST OF TABLES
LIST OF FIGURES
The List of Companies - Negative Pressure Wound Therapy Devices Market
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
Medela AG
