Global Negative Pressure Wound Therapy Systems
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Negative Pressure Wound Therapy (NPWT) Market size was valued at USD 2.59 billion in 2021 and is projected to reach USD 2.74 billion by 2029, exhibiting a CAGR of 5.1% during the forecast period.
The Conventional NPWT Market was valued at 88% share of total Global Automotive Bumper Market (2021 Share%).
The Pressure Ulcers Market was valued at 31.31% share of total Global Negative Pressure Wound Therapy System Market (2021 Share%).
The Hospitals Market was valued at 52.50% share of total Global Negative Pressure Wound Therapy System Market (2021 Share%).
North America was the dominated region with 38.90% of total revenue market share in 2021.
In terms of revenue Europe held 20.10% of overall market share in 2021.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Negative Pressure Wound Therapy Systems Market Sales Revenue 2021 | $ 2.59 Billion |
Global Negative Pressure Wound Therapy Systems Market Sales Revenue 2029 | $ 2.74 Billion |
Global Negative Pressure Wound Therapy Systems Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.1% |
Market Split by Product |
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Market Split by Type |
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Market Split by End-User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Negative Pressure Wound Therapy Systems Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Negative pressure wound therapy (NPWT) systems are non-powered tool used for the application of suction (negative pressure) for wound to speed up healing and to removal the fluids such as wound exudate, irrigation fluids, bodily fluids, or infectious contaminants. Negative pressure wound therapy (NPWT), also known as vacuum-assisted wound closure (VAC).
Market Dynamics of the Negative Pressure Wound Therapy (NPWT) System Market.
Due to rising adoption of advanced wound care therapy as well as growing patient awareness towards accessibility of cost-effective, wound care therapy demand for negative pressure has significantly increased over the years. Rising number diabetic population giving rise to diabetic foot ulcers has necessitated the need for quick and easy wound-healing techniques. Thus, the demand for NPWT devices has increased in the past few years. Moreover, according to Agency for Healthcare Research and Quality (AHRQ) more than 2.5 million people in the United States develop pressure ulcers each year, which results in increasing morbidity and mortality rates.
The Advent of Technologically Advanced Single-Use NPWT Devices in the Home-Care Settings is the the key opportunities in negative pressure wound therapy market.
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Recent developments
August 2021
Aatru Medical, LLC announced the US Food and Drug Administration (FDA).
The Negative Pressure Surgical Incision Management System has received FDA Class II clearance, according to Aatru Medical, LLC (NPSIMS). The FDA-approved little device's purpose is to use gentle suction to seal and hold open wounds tight following surgery, promoting wound healing.
April 2021
Joerns Healthcare and Medela announced a nationwide partnership
To develop access to innovative negative pressure wound therapy systems, Joerns Healthcare and Medela announced a nationwide partnership. Joerns will expand its wound care portfolio through this agreement, to include the full Medela line of negative pressure wound therapy products, including the Invia Liberty and Invia Motion 60 NPWT Systems.
Top Companies Market Share in Negative Pressure Wound Therapy Systems Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America held the largest revenue share of 38.9% in 2021 due to rising healthcare cost and highly established healthcare infrastructure in this region. Due to the rising incidence of burn cases and accidents, as well as the rising frequency of chronic diseases, the European region has the second-largest position. Due to the large population of diabetic patients and the expanding innovations in the healthcare industry, the Asia-Pacific area is predicted to grow at the fastest rate.
Due to the high cost of the NPWT therapy and the absence of favourable reimbursement policies in these regions, Latin America and the Middle East & Africa are predicted to register a low CAGR over the projection period
The current report Scope analyzes Negative Pressure Wound Therapy Systems Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Negative Pressure Wound Therapy Systems Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Negative Pressure Wound Therapy Systems Industry growth. Negative Pressure Wound Therapy Systems market has been segmented with the help of its Product, Type End-User, and others. Negative Pressure Wound Therapy Systems market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Conventional NPWT
Due to the high price and increasing adoption, the conventional devices segment is expected to largest revenue share of 88.0% in 2021. Such systems require hospital admission and are inappropriate for homecare settings due to the use of heavy canisters. During the forecast period, the single-use NPWT devices segment is expected to witness a lucrative CAGR. This is due to their wide applicability in home care settings, which has prompted major companies to focus on increasing their cost-effectiveness.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Negative Pressure Wound Therapy Systems Industry. Request a Free Sample PDF!
Pressure Ulcers
The pressure ulcer segment dominated the market and accounted for the revenue share of 31.3% in 2021 due to longer treatment duration. Patients with pressure ulcers have to stay for longer durations when admitted to hospitals, thereby increasing hospital costs. On the other hand, the diabetic foot ulcers segment is projected to highest CAGR during the forecast period due to its huge success rate in treating NPWT as well as the high prevalence of diabetes.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Negative Pressure Wound Therapy Systems market report 2024 Edition by contacting our team.
Hospitals
The hospital segment dominated the market for the largest revenue share of 52.5% in 2021 due to conventional devices are widely used in hospital settings. The home care setting is expected to be the fastest-growing segment with the highest CAGR during the forecast period. With the introduction of single-use NPWT systems NPWT therapy for homecare settings is increasing.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Sources
AB Newswire
marknteladvisors.com
Market Growth Reports
Disclaimer:
Product | Conventional NPWT, Single-use NPWT |
Type | Diabetic Foot Ulcers, Venous Leg Ulcers, Pressure Ulcers, Burn Wounds, Others |
End-User | Hospitals, Homecare, Others |
List of Competitors | Lohmann & Rauscher International GmbH & Co.Kg, Talley Group, Genadyne, Smith & Nephew, Medela, DeRoyal Industries Inc., Mölnlycke Health Care AB, ACELITY L. P. Inc., Cardinal Health, ConvaTec Group Plc |
This chapter will help you gain GLOBAL Market Analysis of Negative Pressure Wound Therapy Systems. Further deep in this chapter, you will be able to review Global Negative Pressure Wound Therapy Systems Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Negative Pressure Wound Therapy Systems Market Trends North America Negative Pressure Wound Therapy Systems Technological Road Map North America Negative Pressure Wound Therapy Systems Market Drivers North America Negative Pressure Wound Therapy Systems Market Restraints North America Negative Pressure Wound Therapy Systems Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by Type Analysis 2019 -2031
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Chapter 12 Market Split by End-User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Negative Pressure Wound Therapy Systems market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Conventional NPWT have a significant impact on Negative Pressure Wound Therapy Systems market? |
What are the key factors affecting the Conventional NPWT and Single-use NPWT of Negative Pressure Wound Therapy Systems Market? |
What is the CAGR/Growth Rate of Diabetic Foot Ulcers during the forecast period? |
By type, which segment accounted for largest share of the global Negative Pressure Wound Therapy Systems Market? |
Which region is expected to dominate the global Negative Pressure Wound Therapy Systems Market within the forecast period? |
Segmentation Level Customization |
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Additional Quantitative Data |
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