Global Negative Pressure Wound Therapy Report Thumbnail

Global Negative Pressure Wound Therapy Market by Product (Single-Use, Conventional), by Wound Type (Pressure Ulcers, Diabetic Foot Ulcers, Burn Wounds, Venous Leg Ulcers) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-74875
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 55
  • No. Of Pages: 244
  • Format:
  • Pub. Date: 2021-10-21
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Industry Insights

In 2015, the global market for negative pressure wound therapy was worth more than USD 1.9 billion. This market is expected to grow steadily over the forecast period. The market for negative pressure wound treatment (NPWT), is expected to grow in the years 2016-2025 due to the rising demand for advanced wound care.

In the field of wound management, single-use NPWT devices have more traction than conventional products. Smith & Nephew, for example, introduced a single-use NPWT called PICO that has been widely accepted. Industry demand is expected to be affected by the rising prevalence of chronic diseases such as diabetes. This is due to the fact that complications like diabetic foot ulcers are common in diabetes.

China NPWT market according to wound type, 2014-2025 (USD million)

According to estimates, the incidence of diabetes ulcer in the U.S. is 2% per year. This will support the growth of this market. Additionally, trauma events are increasing in Asia Pacific. Burns can cause complete destruction of the skin, drying the wound bed. The market for wound therapy products and services is expected to grow as a result of the increasing number of traumatic wounds.

End Use Insights

The market for negative pressure wound therapy has been divided into hospitals, homecare and other uses. The fact that traditional devices are commonly used in hospitals explains why the hospital segment dominated the NPWT industry in 2015.

The fastest-growing segment is expected to be homecare, with the highest projected CAGR during the forecast period. Single-use NPWT systems are making it easier to provide NPWT therapy in homecare settings. These products reduce the need to go to the hospital and make the therapy more cost-effective by being used at home.

Product Insights

The negative pressure wound treatment vertical can be divided into single-use and conventional NPWT devices based on product type. Due to their high usage rate and price, the majority of 2015's market share was for conventional devices. These systems are best for hospitals and require heavy canisters. They are not suitable to be used in homecare settings. You can rent these devices or purchase them. This will increase the NPWT's usage in developing countries due to its low purchasing power.

Market share for negative pressure wound therapy worldwide, by product, 2015.

The single-use segment of NPWT devices is expected to grow at an impressive CAGR during the forecast period. They are widely used in homecare settings and have prompted many companies to increase their cost-effectiveness. This has been a major advantage for single-use devices of NPWT in developing countries.

Wound Type Insights

This segment includes diabetic foot ulcers and pressure ulcers. Venous leg ulcers can also be included. Burn wounds can also be classified under this category. The largest segment for revenue was Diabetic Foot Ulcers in 2015. This is due to the high success rate of NPWT and the high prevalence of diabetes. Diabetic foot ulcers, the most common type of chronic wounds, are treated with NPWT to speed up healing.

Pressure ulcers will see the highest CAGR during the forecast period. This growth can be attributed to its increasing use in treating pressure wounds like bedsores. Other wound types include surgical wounds and arterial ulcers.

Regional Insights

North America accounted for the largest market share in NPWT in 2015. This is due to its high healthcare spending and well-developed healthcare infrastructure. This has resulted in a greater use of NPWT devices both in hospitals and at home.

Over the forecast period, Asia Pacific will experience a lucrative CAGR. This is due to an increase in traumatic events (e.g burn), which is driving the demand for therapy services in the region.

Competitive Insights

Acelity L.P. Inc., Talley Group Limited, Devon Medical Products, Devon Medical Products, Molnlycke Health Care, Medela, DeRoyal Industries, Inc., ConvaTec, Inc., Cardinal Health, Inc., and Paul Hartmann AG are some of the key players in this market.

These companies are now focusing on acquisitions, mergers, product development, and strategic collaboration strategies. Acelity, for example, entered into a partnership with Mediq in 2016 with the aim of distributing its products in advanced wound therapy and regenerative medicine in Finland and Denmark, Sweden and Norway. ConvaTec also launched Avelle NPWT System UK in 2016. These technologies are leading edge and are expected to support market growth over the long-term.

The Report Covers Certain Segments

This report provides a forecast of revenue growth at the global, regional and country levels. It also analyzes the most recent trends and opportunities in each sub-segment from 2014 through 2025. Up Market Research segmented the global market for negative pressure wound therapy based on product, type of wound, and location.

  • Global Product Outlook (Revenue USD Million; 2014-2025)

    • Conventional NPWT

    • Single-use NPWT

  • Global Type Outlook (Revenue USD Million; 2014-2025)

    • Diabetic foot ulcers

    • Venous leg ulcers

    • Pressure Ulcers

    • Burn Wounds

    • Other

  • Global End-Use Outlook (Revenue USD Million; 2014-2025)

    • Hospitals

    • Homecare

    • Other

  • Regional Outlook (Revenue USD Million; 2014-2025)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • UK

    • Asia Pacific

      • China

      • India

    • Latin America

      • Brazil

      • Mexico

    • MEA

      • South Africa

Up Market Research published a new report titled “Negative Pressure Wound Therapy Market research report which is segmented by Product (Single-Use, Conventional), by Wound Type (Pressure Ulcers, Diabetic Foot Ulcers, Burn Wounds, Venous Leg Ulcers), By Players/Companies Inc; ConvaTec, Acelity LP Inc; Talley Group Limited; Nephew plc, Devon Medical Products; M¶lnlycke Health Care; Medela; DeRoyal Industries, Inc; and Paul Hartmann AG among others, Inc; Cardinal Health”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleNegative Pressure Wound Therapy Market Research Report
By ProductSingle-Use, Conventional
By Wound TypePressure Ulcers, Diabetic Foot Ulcers, Burn Wounds, Venous Leg Ulcers
By CompaniesInc; ConvaTec, Acelity LP Inc; Talley Group Limited; Nephew plc, Devon Medical Products; M¶lnlycke Health Care; Medela; DeRoyal Industries, Inc; and Paul Hartmann AG among others, Inc; Cardinal Health
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages244
Number of Tables & Figures171
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Negative Pressure Wound Therapy Industry Outlook

Global Negative Pressure Wound Therapy Market Report Segments:

The market is segmented by Product (Single-Use, Conventional), by Wound Type (Pressure Ulcers, Diabetic Foot Ulcers, Burn Wounds, Venous Leg Ulcers).

Negative Pressure Wound Therapy Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Negative Pressure Wound Therapy Market

Overview of the regional outlook of the Negative Pressure Wound Therapy Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Negative Pressure Wound Therapy Market Overview

Highlights of The Negative Pressure Wound Therapy Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Negative Pressure Wound Therapy Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Product:

                1. Single-Use

                2. Conventional

        7. By Wound Type:

                1. Pressure Ulcers

                2. Diabetic Foot Ulcers

                3. Burn Wounds

                4. Venous Leg Ulcers

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Negative Pressure Wound Therapy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Negative Pressure Wound Therapy Market Trends

Reasons to Purchase the Negative Pressure Wound Therapy Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Negative Pressure Wound Therapy Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Negative Pressure Wound Therapy Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Negative Pressure Wound Therapy Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Negative Pressure Wound Therapy Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Negative Pressure Wound Therapy Market Size & Forecast, 2018-2028 
      4.5.1 Negative Pressure Wound Therapy Market Size and Y-o-Y Growth 
      4.5.2 Negative Pressure Wound Therapy Market Absolute $ Opportunity 


Chapter 5 Global Negative Pressure Wound Therapy Market Analysis and Forecast by Product
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Product
      5.1.2 Basis Point Share (BPS) Analysis by Product
      5.1.3 Absolute $ Opportunity Assessment by Product
   5.2 Negative Pressure Wound Therapy Market Size Forecast by Product
      5.2.1 Single-Use
      5.2.2 Conventional
   5.3 Market Attractiveness Analysis by Product

Chapter 6 Global Negative Pressure Wound Therapy Market Analysis and Forecast by Wound Type
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Wound Type
      6.1.2 Basis Point Share (BPS) Analysis by Wound Type
      6.1.3 Absolute $ Opportunity Assessment by Wound Type
   6.2 Negative Pressure Wound Therapy Market Size Forecast by Wound Type
      6.2.1 Pressure Ulcers
      6.2.2 Diabetic Foot Ulcers
      6.2.3 Burn Wounds
      6.2.4 Venous Leg Ulcers
   6.3 Market Attractiveness Analysis by Wound Type

Chapter 7 Global Negative Pressure Wound Therapy Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Negative Pressure Wound Therapy Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Negative Pressure Wound Therapy Analysis and Forecast
   9.1 Introduction
   9.2 North America Negative Pressure Wound Therapy Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Negative Pressure Wound Therapy Market Size Forecast by Product
      9.6.1 Single-Use
      9.6.2 Conventional
   9.7 Basis Point Share (BPS) Analysis by Product 
   9.8 Absolute $ Opportunity Assessment by Product 
   9.9 Market Attractiveness Analysis by Product
   9.10 North America Negative Pressure Wound Therapy Market Size Forecast by Wound Type
      9.10.1 Pressure Ulcers
      9.10.2 Diabetic Foot Ulcers
      9.10.3 Burn Wounds
      9.10.4 Venous Leg Ulcers
   9.11 Basis Point Share (BPS) Analysis by Wound Type 
   9.12 Absolute $ Opportunity Assessment by Wound Type 
   9.13 Market Attractiveness Analysis by Wound Type

Chapter 10 Europe Negative Pressure Wound Therapy Analysis and Forecast
   10.1 Introduction
   10.2 Europe Negative Pressure Wound Therapy Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Negative Pressure Wound Therapy Market Size Forecast by Product
      10.6.1 Single-Use
      10.6.2 Conventional
   10.7 Basis Point Share (BPS) Analysis by Product 
   10.8 Absolute $ Opportunity Assessment by Product 
   10.9 Market Attractiveness Analysis by Product
   10.10 Europe Negative Pressure Wound Therapy Market Size Forecast by Wound Type
      10.10.1 Pressure Ulcers
      10.10.2 Diabetic Foot Ulcers
      10.10.3 Burn Wounds
      10.10.4 Venous Leg Ulcers
   10.11 Basis Point Share (BPS) Analysis by Wound Type 
   10.12 Absolute $ Opportunity Assessment by Wound Type 
   10.13 Market Attractiveness Analysis by Wound Type

Chapter 11 Asia Pacific Negative Pressure Wound Therapy Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Negative Pressure Wound Therapy Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Negative Pressure Wound Therapy Market Size Forecast by Product
      11.6.1 Single-Use
      11.6.2 Conventional
   11.7 Basis Point Share (BPS) Analysis by Product 
   11.8 Absolute $ Opportunity Assessment by Product 
   11.9 Market Attractiveness Analysis by Product
   11.10 Asia Pacific Negative Pressure Wound Therapy Market Size Forecast by Wound Type
      11.10.1 Pressure Ulcers
      11.10.2 Diabetic Foot Ulcers
      11.10.3 Burn Wounds
      11.10.4 Venous Leg Ulcers
   11.11 Basis Point Share (BPS) Analysis by Wound Type 
   11.12 Absolute $ Opportunity Assessment by Wound Type 
   11.13 Market Attractiveness Analysis by Wound Type

Chapter 12 Latin America Negative Pressure Wound Therapy Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Negative Pressure Wound Therapy Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Negative Pressure Wound Therapy Market Size Forecast by Product
      12.6.1 Single-Use
      12.6.2 Conventional
   12.7 Basis Point Share (BPS) Analysis by Product 
   12.8 Absolute $ Opportunity Assessment by Product 
   12.9 Market Attractiveness Analysis by Product
   12.10 Latin America Negative Pressure Wound Therapy Market Size Forecast by Wound Type
      12.10.1 Pressure Ulcers
      12.10.2 Diabetic Foot Ulcers
      12.10.3 Burn Wounds
      12.10.4 Venous Leg Ulcers
   12.11 Basis Point Share (BPS) Analysis by Wound Type 
   12.12 Absolute $ Opportunity Assessment by Wound Type 
   12.13 Market Attractiveness Analysis by Wound Type

Chapter 13 Middle East & Africa (MEA) Negative Pressure Wound Therapy Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Negative Pressure Wound Therapy Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Negative Pressure Wound Therapy Market Size Forecast by Product
      13.6.1 Single-Use
      13.6.2 Conventional
   13.7 Basis Point Share (BPS) Analysis by Product 
   13.8 Absolute $ Opportunity Assessment by Product 
   13.9 Market Attractiveness Analysis by Product
   13.10 Middle East & Africa (MEA) Negative Pressure Wound Therapy Market Size Forecast by Wound Type
      13.10.1 Pressure Ulcers
      13.10.2 Diabetic Foot Ulcers
      13.10.3 Burn Wounds
      13.10.4 Venous Leg Ulcers
   13.11 Basis Point Share (BPS) Analysis by Wound Type 
   13.12 Absolute $ Opportunity Assessment by Wound Type 
   13.13 Market Attractiveness Analysis by Wound Type

Chapter 14 Competition Landscape 
   14.1 Negative Pressure Wound Therapy Market: Competitive Dashboard
   14.2 Global Negative Pressure Wound Therapy Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Inc; ConvaTec
      14.3.2 Acelity LP Inc; Talley Group Limited; Nephew plc
      14.3.3 Devon Medical Products; M¶lnlycke Health Care; Medela; DeRoyal Industries
      14.3.4 Inc; and Paul Hartmann AG among others
      14.3.5 Inc; Cardinal Health
Segments Covered in the Report
The global Negative Pressure Wound Therapy market has been segmented based on

By Product
  • Single-Use
  • Conventional
By Wound Type
  • Pressure Ulcers
  • Diabetic Foot Ulcers
  • Burn Wounds
  • Venous Leg Ulcers
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Inc; ConvaTec
  • Acelity LP Inc; Talley Group Limited; Nephew plc
  • Devon Medical Products; M¶lnlycke Health Care; Medela; DeRoyal Industries
  • Inc; and Paul Hartmann AG among others
  • Inc; Cardinal Health

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