Negative Pressure Wound Therapy Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Negative Pressure Wound Therapy Devices Trends and Forecast

The future of the global negative pressure wound therapy device market looks promising with opportunities in the hospitals & clinic, ambulatory surgery center, and home care setting markets. The global negative pressure wound therapy device market is expected to reach an estimated $3.8 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are increasing incidences of chronic diseases like diabetes mellitus and obesity and rising rate of cesarean sections in elderly mothers.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Negative Pressure Wound Therapy Devices by Segment

The study includes a forecast for the global negative pressure wound therapy devices by product, application, end use, and region.

Negative Pressure Wound Therapy Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Conventional NPWT Devices
• Single Use NPWT Devices

Negative Pressure Wound Therapy Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Chronic Wounds
• Acute Wounds

Negative Pressure Wound Therapy Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals & Clinics
• Ambulatory Surgery Centers
• Home Care Settings

Negative Pressure Wound Therapy Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Negative Pressure Wound Therapy Devices Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies negative pressure wound therapy devices companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the negative pressure wound therapy devices companies profiled in this report include-

• ATMOS MedizinTechnik
• Cardinal Health
• ConvaTec
• DeRoyal Industries
• Devon International
• Investor
• Olle Larsson Holding

Negative Pressure Wound Therapy Device Market Insights

The publisher forecasts that conventional NPWT devices will remain the larger segment over the forecast period as it ensures better management of severe wound exudates and reduction in the overall cost of treatment.
Within this market, home care settings will remain the largest segment due to growing prevalence of age-related ailments and increasing healthcare cost.
North America will remain the largest region over the forecast period due to increasing geriatric population and growing adaption of low-cost NPWT devices in the region.

Features of the Global Negative Pressure Wound Therapy Device Market

• Market Size Estimates: Negative pressure wound therapy devices market size estimation in terms of value ($B).
• Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
• Segmentation Analysis: Negative pressure wound therapy devices market size by product, application, end use, and region in terms of value ($B).
• Regional Analysis: Negative pressure wound therapy devices market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the negative pressure wound therapy device market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the negative pressure wound therapy device market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the negative pressure wound therapy device market size?
Answer: The global negative pressure wound therapy device market is expected to reach an estimated $3.8 billion by 2030.

Q2. What is the growth forecast for negative pressure wound therapy device market?
Answer: The global negative pressure wound therapy device market is expected to grow with a CAGR of 6.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the negative pressure wound therapy device market?
Answer: The major drivers for this market are increasing incidences of chronic diseases like diabetes mellitus and obesity and rising rate of cesarean sections in elderly mothers.

Q4. What are the major segments for negative pressure wound therapy device market?
Answer: The future of the negative pressure wound therapy device market looks promising with opportunities in the hospitals & clinic, ambulatory surgery center, and home care setting markets.

Q5. Who are the key negative pressure wound therapy device market companies?

Answer: Some of the key negative pressure wound therapy devices companies are as follows:

• ATMOS MedizinTechnik
• Cardinal Health
• ConvaTec
• DeRoyal Industries
• Devon International
• Investor
• Olle Larsson Holding

Q6. Which negative pressure wound therapy device market segment will be the largest in future?
Answer: The publisher forecasts that conventional NPWT devices will remain the larger segment over the forecast period as it ensures better management of severe wound exudates and reduction in the overall cost of treatment.

Q7. In negative pressure wound therapy device market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing geriatric population and growing adaption of low-cost NPWT devices in the region.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the negative pressure wound therapy device market by product (conventional NPWT devices and single use NPWT devices), application (chronic wounds and acute wounds), end use (hospitals & clinics, ambulatory surgery centers, and home care settings), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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