+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Wound Therapy Devices Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

  • PDF Icon


  • 197 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5669545

Increasing prevalence of diabetes and other chronic wounds around the world is expected to increase demand for efficient negative pressure wound therapy devices

The Global Wound Therapy Devices Market is estimated to be USD 2.42 Bn in 2023 and is expected to reach USD 3.1 Bn by 2028 growing at a CAGR of 5.11%

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Wound Therapy Devices Market is segmented based on Wound Type, Product, End-Users, and Geography.
  • By Wound Type, the market is classified into Chronic Wounds and Acute Wounds.
  • By Product, the market is classified into Negative Pressure Wound Therapy (NPWT), Oxygen and Hyperbaric Oxygen Equipment, Electric Stimulation Devices, and Pressure Relief Devices.
  • By End-Users, the market is classified into Hospitals, Specialty Clinics, and Home Healthcare.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are 3M Company, ATMOS MedizinTechnik GmbH & Co. KG, Cardinal Health, Inc., ConvaTec Group PLC, DeRoyal Industries, Inc., Devon Medical, Inc., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Wound Therapy Devices Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Wound Therapy Devices Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Wound Therapy Devices Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 LanguAge
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Prevalence of Chronic Diseases
4.1.2 Increasing Geriatric Population
4.2 Restraints
4.2.1 High Treatment Cost
4.2.2 Complications Associated with NPWT Devices
4.3 Opportunities
4.3.1 Surging Volume of Surgeries and Growing UsAge of Simplified Single-Use Devices
4.3.2 Rising Technological Advancement in NPWT Devices
4.4 Challenges
4.4.1 Lack of Relevant Knowledge in Developing Countries
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
5.5 PESTLE Analysis
6 Global Wound Therapy Devices Market, By Wound Type
6.1 Introduction
6.2 Chronic Wounds
6.3 Acute Wounds
7 Global Wound Therapy Devices Market, By Product
7.1 Introduction
7.2 Negative Pressure Wound Therapy (NPWT)
7.3 Oxygen and Hyperbaric Oxygen Equipment
7.4 Electric Stimulation Devices
7.5 Pressure Relief Devices
8 Global Wound Therapy Devices Market, By End-Users
8.1 Introduction
8.2 Hospitals
8.3 Specialty Clinics
8.4 Home Healthcare
9 Americas’ Wound Therapy Devices Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe’s Wound Therapy Devices Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa’s Wound Therapy Devices Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC’s Wound Therapy Devices Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 3M Company
14.2 ATMOS MedizinTechnik GmbH & Co. KG
14.3 Cardinal Health, Inc.
14.4 ConvaTec Group, PLC
14.5 DeRoyal Industries, Inc.
14.6 Devon Medical, Inc.
14.7 Direct Healthcare Group
14.8 Essity AB
14.9 Galaxy Medical Products, Inc.
14.10 Lohmann & Rauscher GmbH & Co. KG
14.11 Medela Ag
14.12 Mölnlycke Health Care AB
14.13 Paul Hartmann Ag
14.14 Pensar Medical, LLC
14.15 Smith & Nephew, PLC
14.16 Sunmed Medical
14.17 TriAge Meditech Pvt. Ltd.
14.18 Virtual Expo Group
15 Appendix
15.1 Questionnaire

Companies Mentioned

  • 3M Company
  • ATMOS MedizinTechnik GmbH & Co. KG
  • Cardinal Health, Inc.
  • ConvaTec Group, PLC
  • DeRoyal Industries, Inc.
  • Devon Medical, Inc.
  • Direct Healthcare Group
  • Essity AB
  • Galaxy Medical Products, Inc.
  • Lohmann & Rauscher GmbH & Co. KG
  • Medela Ag
  • Mölnlycke Health Care AB
  • Paul Hartmann Ag
  • Pensar Medical, LLC
  • Smith & Nephew, PLC
  • Sunmed Medical
  • TriAge Meditech Pvt. Ltd.
  • Virtual Expo Group

Table Information