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Negative Pressure Wound Therapy Devices Market Research Report: By Product, Wound Type, End User - Global Industry Revenue Estimation and Demand Forecast to 2030

  • ID: 5201153
  • Report
  • August 2021
  • Region: Global
  • 364 Pages
  • Prescient & Strategic Intelligence Private Limited

FEATURED COMPANIES

  • Acelity L.P. Inc.
  • B. Braun Melsungen AG
  • Cardinal Health Inc.
  • ConvaTec Group plc
  • DeRoyal Industries Inc.
  • Mölnlycke Health Care AB
More than 180,000 people die of burns every year, most of them in low- and middle-income countries, says the World Health Organization (WHO). In India alone, over a million people suffer from some degree of burns every year, as per the WHO. This factor will drive the global negative-pressure wound therapy devices market from $2,248.1 million in 2020 to $4,698.4 million in 2030, at a 7.7% CAGR between 2020 and 2030, according to the market research report.



Key Findings of Global NPWT Devices Market Report

  • Demand for single-use NPWT devices to rise fastest
  • Chronic wounds to continue being larger application area of NPWT
  • Rising burns prevalence strongest driver for market
  • Economic growth of developing countries to offer lucrative market investment opportunities
  • NPWT device demand to increase most-rapidly in APAC
  • Market players engaging in partnerships and mergers

This is because NPWT is an advanced form of wound care that not only removes the exudate and infectious agents from the injured site, but also allows it to heal more rapidly than conventional therapies. In this regard, the booming geriatric population is also helping in the growth of the NPWT devices market, since older people’s wounds develop quickly and heal slowly, thereby creating a requirement for advanced techniques.

The COVID-19 pandemic hurt the NPWT devices market growth prospects due to the shutdown of manufacturing plants, which resulted in a lower incidence of burns. Moreover, since the entire focus of the healthcare, pharmaceutical, and medical device industries was on COVID-19 fight, the production of NPWT devices and their usage decreased.

In the past, the NPWT devices market was dominated by the chronic bifurcation, under segmentation by wound type. With the increasing prevalence of chronic venous insufficiency, diabetes mellitus, and peripheral arterial occlusive disease, more people are suffering from chronic wounds each year. Since these wounds are more complex and take longer to heal, conventional wound care solutions often prove ineffective, thereby driving the usage of NPWT.

Hospitals are the largest end users in the NPWT devices market presently because these places witness a high patient footfall each day. Since hospitals have many departments, trained doctors, and advanced facilities, they are trusted the most by patients. Moreover, governments are taking initiatives to make quality care accessible to everyone, such as the construction of public hospitals.

North America has dominated the NPWT devices market till now, primarily due to its advanced healthcare infrastructure, in which the major chunk of the funding comes from the government. Moreover, the rising diabetic and older populations, rapid technological advancements in this field, and presence of key market players are boosting the usage of these devices in the continent.

The most-prominent global NPWT devices market players include Devon International Group, ConvaTec Group plc, DeRoyal Industries Inc., Smith & Nephew plc, Acelity L.P. Inc., Mölnlycke Health Care AB, ATMOS MedizinTechnik GmbH & Co. KG, Cardinal Health Inc., Talley Group Limited, Medela AG, Lohmann & Rauscher GmbH & Co. KG, TRIAGE MEDITECH PVT. LTD., Carilex Medical GmbH, Shandong Weigao Xinsheng Medical Devices Co. Ltd., Genadyne Biotechnologies Inc., B. Braun Melsungen AG, Cork Medical LLC, and BSN medical GmbH.
Frequently Asked Questions about the Negative Pressure Wound Therapy Devices Market

What is the estimated value of the Negative Pressure Wound Therapy Devices Market?

The Negative Pressure Wound Therapy Devices Market was estimated to be valued at $2248.1 Million in 2020.

What is the growth rate of the Negative Pressure Wound Therapy Devices Market?

The growth rate of the Negative Pressure Wound Therapy Devices Market is 7.6%, with an estimated value of $4698.4 Million by 2030.

What is the forecasted size of the Negative Pressure Wound Therapy Devices Market?

The Negative Pressure Wound Therapy Devices Market is estimated to be worth $4698.4 Million by 2030.

Who are the key companies in the Negative Pressure Wound Therapy Devices Market?

Key companies in the Negative Pressure Wound Therapy Devices Market include Alleva Medical Ltd., DeRoyal Industries Inc., ConvaTec Group plc, Smith & Nephew plc, Mölnlycke Health Care AB, Acelity L.P. Inc., ATMOS MedizinTechnik GmbH & Co. KG, Talley Group Limited and Medela AG.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Acelity L.P. Inc.
  • B. Braun Melsungen AG
  • Cardinal Health Inc.
  • ConvaTec Group plc
  • DeRoyal Industries Inc.
  • Mölnlycke Health Care AB

Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Product
1.3.2 Market Segmentation by Wound Type
1.3.3 Market Segmentation by End User
1.3.4 Market Segmentation by Region
1.3.5 Analysis Period
1.3.6 Market Data Reporting Unit
1.3.6.1 Value
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By industry participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Product
4.1.1.1 Conventional
4.1.1.2 Single-use
4.1.1.3 Accessories
4.1.2 By Wound Type
4.1.2.1 Chronic
4.1.2.1.1 Venous ulcers
4.1.2.1.2 Diabetic foot ulcers
4.1.2.1.3 Pressure ulcers
4.1.2.2 Acute
4.1.2.2.1 Burns
4.1.2.2.2 Surgical
4.1.2.2.3 Others
4.1.3 By End User
4.1.3.1 Hospitals
4.1.3.1.1 In-patient
4.1.3.1.2 Out-patient
4.1.3.2 Home-care settings
4.1.3.3 Others
4.2 Market Dynamics
4.2.1 Trends
4.2.1.1 Shift in preference toward advanced wound therapies
4.2.2 Drivers
4.2.2.1 Increasing cases of burns
4.2.2.2 Rising prevalence of diabetes
4.2.2.3 Growing geriatric population
4.2.2.4 High rate of C-section surgeries leading to increasing post-operative use of NPWT devices
4.2.2.5 Impact analysis of drivers on market forecast
4.2.3 Restraints
4.2.3.1 High treatment costs
4.2.3.2 Complications associated with NPWT devices
4.2.3.3 Impact analysis of restraints on market forecast
4.2.4 Opportunities
4.2.4.1 Adoption of NPWT devices in low- and middle-income and war affected nations
4.2.4.2 Improving economic status of countries
4.3 Impact of COVID-19
4.4 Porter’s Five Forces Analysis
4.5 Regulatory Scenario
4.5.1 North America
4.5.2 Europe
4.5.3 APAC
4.6 Comparison of NPWT and Conventional Wound Therapies
4.7 Reimbursement Policies
4.7.1 Healthcare Common Procedure Coding System (HCPCS) Codes
4.7.1.1 Current procedural technology (CPT) codes
Chapter 5. Global Market Size and Forecast
5.1 By Product
5.2 By Wound Type
5.2.1 NPWT Devices Market for Chronic Wounds, by Type
5.2.2 NPWT Devices Market for Acute Wounds, by Type
5.3 By End User
5.3.1 NPWT Devices Market in Hospitals, by Type
5.4 By Region
Chapter 6. North America Market Size and Forecast
6.1 By Product
6.2 By Wound Type
6.2.1 NPWT Devices Market for Chronic Wounds, by Type
6.2.2 NPWT Devices Market for Acute Wounds, by Type
6.3 By End User
6.3.1 NPWT Devices Market in Hospitals, by Type
6.4 By Country
6.4.1 U.S. Market Size and Forecast
6.4.1.1 By product
6.4.1.2 By wound type
6.4.1.2.1 NPWT devices market for chronic wounds, by type
6.4.1.2.2 NPWT devices market for acute wounds, by type
6.4.1.3 By end user
6.4.1.3.1 NPWT devices market in hospitals, by type
6.4.2 Canada Market Size and Forecast
6.4.2.1 By product
6.4.2.2 By wound type
6.4.2.2.1 NPWT devices market for chronic wounds, by type
6.4.2.2.2 NPWT devices market for acute wounds, by type
6.4.2.3 By end user
6.4.2.3.1 NPWT devices market in hospitals, by type
Chapter 7. Europe Market Size and Forecast
7.1 By Product
7.2 By Wound Type
7.2.1 NPWT Devices Market for Chronic Wounds, by Type
7.2.2 NPWT Devices Market for Acute Wounds, by Type
7.3 By End User
7.3.1 NPWT Devices Market in Hospitals, by Type
7.4 By Country
7.4.1 Germany Market Size and Forecast
7.4.1.1 By product
7.4.1.2 By wound type
7.4.1.2.1 NPWT devices market for chronic wounds, by type
7.4.1.2.2 NPWT devices market for acute wounds, by type
7.4.1.3 By end user
7.4.1.3.1 NPWT devices market in hospitals, by type
7.4.2 France Market Size and Forecast
7.4.2.1 By product
7.4.2.2 By wound type
7.4.2.2.1 NPWT devices market for chronic wounds, by type
7.4.2.2.2 NPWT devices market for acute wounds, by type
7.4.2.3 By end user
7.4.2.3.1 NPWT devices market in hospitals, by type
7.4.3 U.K. Market Size and Forecast
7.4.3.1 By product
7.4.3.2 By wound type
7.4.3.2.1 NPWT devices market for chronic wounds, by type
7.4.3.2.2 NPWT devices market for acute wounds, by type
7.4.3.3 By end user
7.4.3.3.1 NPWT devices market in hospitals, by type
7.4.4 Italy Market Size and Forecast
7.4.4.1 By product
7.4.4.2 By wound type
7.4.4.2.1 NPWT devices market for chronic wounds, by type
7.4.4.2.2 NPWT devices market for acute wounds, by type
7.4.4.3 By end user
7.4.4.3.1 NPWT devices market in hospitals, by type
7.4.5 Spain Market Size and Forecast
7.4.5.1 By product
7.4.5.2 By wound type
7.4.5.2.1 NPWT devices market for chronic wounds, by type
7.4.5.2.2 NPWT devices market for acute wounds, by type
7.4.5.3 By end user
7.4.5.3.1 NPWT devices market in hospitals, by type
7.4.6 Russia Market Size and Forecast
7.4.6.1 By product
7.4.6.2 By wound type
7.4.6.2.1 NPWT devices market for chronic wounds, by type
7.4.6.2.2 NPWT devices market for acute wounds, by type
7.4.6.3 By end user
7.4.6.3.1 NPWT devices market in hospitals, by type
Chapter 8. APAC Market Size and Forecast
8.1 By Product
8.2 By Wound Type
8.2.1 NPWT Devices Market for Chronic Wounds, by Type
8.2.2 NPWT Devices Market for Acute Wounds, by Type
8.3 By End User
8.3.1 NPWT Devices Market in Hospitals, by Type
8.4 By Country
8.4.1 China Market Size and Forecast
8.4.1.1 By product
8.4.1.2 By wound type
8.4.1.2.1 NPWT devices market for chronic wounds, by type
8.4.1.2.2 NPWT devices market for acute wounds, by type
8.4.1.3 By end user
8.4.1.3.1 NPWT devices market in hospitals, by type
8.4.2 Japan Market Size and Forecast
8.4.2.1 By product
8.4.2.2 By wound type
8.4.2.2.1 NPWT devices market for chronic wounds, by type
8.4.2.2.2 NPWT devices market for acute wounds, by type
8.4.2.3 By end user
8.4.2.3.1 NPWT devices market in hospitals, by type
8.4.3 India Market Size and Forecast
8.4.3.1 By product
8.4.3.2 By wound type
8.4.3.2.1 NPWT devices market for chronic wounds, by type
8.4.3.2.2 NPWT devices market for acute wounds, by type
8.4.3.3 By end user
8.4.3.3.1 NPWT devices market in hospitals, by type
8.4.4 Australia Market Size and Forecast
8.4.4.1 By product
8.4.4.2 By wound type
8.4.4.2.1 NPWT devices market for chronic wounds, by type
8.4.4.2.2 NPWT devices market for acute wounds, by type
8.4.4.3 By end user
8.4.4.3.1 NPWT devices market in hospitals, by type
8.4.5 South Korea Market Size and Forecast
8.4.5.1 By product
8.4.5.2 By wound type
8.4.5.2.1 NPWT devices market for chronic wounds, by type
8.4.5.2.2 NPWT devices market for acute wounds, by type
8.4.5.3 By end user
8.4.5.3.1 NPWT devices market in hospitals, by type
8.4.6 Indonesia Market Size and Forecast
8.4.6.1 By product
8.4.6.2 By wound type
8.4.6.2.1 NPWT devices market for chronic wounds, by type
8.4.6.2.2 NPWT devices market for acute wounds, by type
8.4.6.3 By end user
8.4.6.3.1 NPWT devices market in hospitals, by type
8.4.7 Sri Lanka Market Size and Forecast
8.4.7.1 By product
8.4.7.2 By wound type
8.4.7.2.1 NPWT devices market for chronic wounds, by type
8.4.7.2.2 NPWT devices market for acute wounds, by type
8.4.7.3 By end user
8.4.7.3.1 NPWT devices market in hospitals, by type
Chapter 9. LATAM Market Size and Forecast
9.1 By Product
9.2 By Wound Type
9.2.1 NPWT Devices Market for Chronic Wounds, by Type
9.2.2 NPWT Devices Market for Acute Wounds, by Type
9.3 By End User
9.3.1 NPWT Devices Market in Hospitals, by Type
9.4 By Country
9.4.1 Brazil Market Size and Forecast
9.4.1.1 By product
9.4.1.2 By wound type
9.4.1.2.1 NPWT devices market for chronic wounds, by type
9.4.1.2.2 NPWT devices market for acute wounds, by type
9.4.1.3 By end user
9.4.1.3.1 NPWT devices market in hospitals, by type
9.4.2 Mexico Market Size and Forecast
9.4.2.1 By product
9.4.2.2 By wound type
9.4.2.2.1 NPWT devices market for chronic wounds, by type
9.4.2.2.2 NPWT devices market for acute wounds, by type
9.4.2.3 By end user
9.4.2.3.1 NPWT devices market in hospitals, by type
Chapter 10. MEA Market Size and Forecast
10.1 By Product
10.2 By Wound Type
10.2.1 NPWT Devices Market for Chronic Wounds, by Type
10.2.2 NPWT Devices Market for Acute Wounds, by Type
10.3 By End User
10.3.1 NPWT Devices Market in Hospitals, by Type
10.4 By Country
10.4.1 South Africa Market Size and Forecast
10.4.1.1 By product
10.4.1.2 By wound type
10.4.1.2.1 NPWT devices market for chronic wounds, by type
10.4.1.2.2 NPWT devices market for acute wounds, by type
10.4.1.3 By end user
10.4.1.3.1 NPWT devices market in hospitals, by type
10.4.2 Saudi Arabia Market Size and Forecast
10.4.2.1 By product
10.4.2.2 By wound type
10.4.2.2.1 NPWT devices market for chronic wounds, by type
10.4.2.2.2 NPWT devices market for acute wounds, by type
10.4.2.3 By end user
10.4.2.3.1 NPWT devices market in hospitals, by type
Chapter 11. Competitive Landscape
11.1 Key Players Benchmarking Based on Product Type
11.2 Strategic Developments of the Key Players
11.2.1 Mergers, Acquisitions, and Partnerships
11.2.2 Approvals and Product Launches
11.2.3 Other Developments
Chapter 12. Company Profiles
12.1 Alleva Medical Ltd.
12.1.1 Business Overview
12.1.2 Product and Service Offerings
12.2 DeRoyal Industries Inc.
12.2.1 Business Overview
12.2.2 Product and Service Offerings
12.3 ConvaTec Group plc
12.3.1 Business Overview
12.3.2 Product and Service Offerings
12.3.3 Key Financial Summary
12.4 Smith & Nephew plc
12.4.1 Business Overview
12.4.2 Product and Service Offerings
12.4.3 Key Financial Summary
12.5 Mölnlycke Health Care AB
12.5.1 Business Overview
12.5.2 Product and Service Offerings
12.5.3 Key Financial Summary
12.6 Acelity L.P. Inc.
12.6.1 Business Overview
12.6.2 Product and Service Offerings
12.7 ATMOS MedizinTechnik GmbH & Co. KG
12.7.1 Business Overview
12.7.2 Product and Service Offerings
12.8 Talley Group Limited
12.8.1 Business Overview
12.8.2 Product and Service Offerings
12.9 Cardinal Health Inc.
12.9.1 Business Overview
12.9.2 Product and Service Offerings
12.9.3 Key Financial Summary
12.10 Medela AG
12.10.1 Business Overview
12.10.2 Product and Service Offerings
12.11 Lohmann & Rauscher GmbH & Co. KG
12.11.1 Business Overview
12.11.2 Product and Service Offerings
12.12 Carilex Medical GmbH
12.12.1 Business Overview
12.12.2 Product and Service Offerings
12.13 TRIAGE MEDITECH PVT. LTD.
12.13.1 Business Overview
12.13.2 Product and Service Offerings
12.14 Shandong Weigao Xinsheng Medical Devices Co. Ltd.
12.14.1 Business Overview
12.14.2 Product and Service Offerings
12.15 B. Braun Melsungen AG
12.15.1 Business Overview
12.15.2 Product and Service Offerings
12.15.3 Key Financial Summary
12.16 Genadyne Biotechnologies Inc.
12.16.1 Business Overview
12.16.2 Product and Service Offerings
12.17 BSN medical GmbH
12.17.1 Business Overview
12.17.2 Product and Service Offerings
12.18 Cork Medical LLC
12.18.1 Business Overview
12.18.2 Product and Service Offerings
Chapter 13. Appendix
13.1 Abbreviations
13.2 Sources and References
13.3 Related Reports
"
Note: Product cover images may vary from those shown
  • Alleva Medical Ltd.
  • DeRoyal Industries Inc.
  • ConvaTec Group plc
  • Smith & Nephew plc
  • Mölnlycke Health Care AB
  • Acelity L.P. Inc.
  • ATMOS MedizinTechnik GmbH & Co. KG
  • Talley Group Limited
  • Cardinal Health Inc.
  • Medela AG
  • Lohmann & Rauscher GmbH & Co. KG
  • Carilex Medical GmbH
  • TRIAGE MEDITECH PVT. LTD.
  • Shandong Weigao Xinsheng Medical Devices Co. Ltd.
  • B. Braun Melsungen AG
  • Genadyne Biotechnologies Inc.
  • BSN medical GmbH
  • Cork Medical LLC
Note: Product cover images may vary from those shown

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