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Global Negative Pressure Wound Therapy Market to reach USD 3.15 billion by 2028.

Global Negative Pressure Wound Therapy Market Size study, by Product (Conventional NPWT, Single-use NPWT), by Type (Diabetic Foot Ulcers, Venous Leg Ulcers, Pressure Ulcers, Burn Wounds, Others), By End Use (Hospitals, Homecare, Others) and Regional Forecasts 2022-2028

Product Code: HLSDT-32423793
Publish Date: 12-07-2022
Page: 200

Global Negative Pressure Wound Therapy Market is valued approximately USD 2.0 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.70% over the forecast period 2022-2028. Negative pressure wound therapy (NPWT), also known as vacuum-assisted wound closure, refers to wound dressing systems that apply sub-atmospheric pressure to the system on a continuous or intermittent basis, resulting in a positive pressure on the wound’s surface. NPWT has become a prominent therapeutic option for a variety of acute and chronic wounds. The market for Negative Pressure Wound Therapy is predicted to grow due to rising demand for enhanced wound care (NPWT). In the field of wound care management, single-use NPWT devices are gaining traction over conventional items. For example, Smith & Nephew introduced PICO, a single-use NPWT that has received widespread acceptance globally. The rising prevalence of chronic diseases such as diabetes is expected to have a significant impact on industry demand. This is primarily attributable to the fact that diabetes often results in complications such as diabetic foot ulcers. The majority of wounds are caused by transport injuries and road accidents are one of the major drivers of the market. Since the pandemic brought about the complete cancellation of public and private transportation, the number of patients with wounds requiring medical care has significantly reduced. The rapid spread of the COVID-19 virus has led to a global pandemic, triggering the disruption of healthcare services, including the medical care of patients with wounds. Due to the need, the provision of wound care, which ought to be viewed as a fundamental clinical service, has shifted drastically. However, Complications and risks associated with the use of NPWT devices impedes market expansion throughout the projection period of 2022-2028.

The key regions considered for the Global Negative Pressure Wound Therapy Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America had the highest revenue share in 2021, owing to the increased healthcare expenditures and a well-developed healthcare infrastructure. This has resulted in a growing use of NPWT devices in both hospitals and homecare settings. The Asia Pacific market is expected to grow at a rapid pace during the projected period. This is primarily due to an increase in traumatic incidents such as burns, which is boosting the demand for therapy in this region.

Major market player included in this report are:
Acelity L.P. Inc.
Talley Group Limited
Nephew plc
Devon Medical Products
Mölnlycke Health Care
Medela
DeRoyal Industries, Inc.
ConvaTec, Inc.
Cardinal Health, Inc.
Paul Hartmann AG
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Conventional NPWT
Single-use NPWT

By Type:
Diabetic Foot Ulcers
Venous Leg Ulcers
Pressure Ulcers
Burn Wounds
Others

By End-use:
Hospitals
Homecare
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Negative Pressure Wound Therapy Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Negative Pressure Wound Therapy Market, by Region, 2020-2028 (USD Billion)
1.2.2. Negative Pressure Wound Therapy Market, by Product, 2020-2028 (USD Billion)
1.2.3. Negative Pressure Wound Therapy Market, by Type, 2020-2028 (USD Billion)
1.2.4. Negative Pressure Wound Therapy Market, by End Use, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Negative Pressure Wound Therapy Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Negative Pressure Wound Therapy Market Dynamics
3.1. Negative Pressure Wound Therapy Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Increasing demand for advanced wound care
3.1.1.2. Increasing prevalence of chronic diseases
3.1.2. Market Challenges
3.1.2.1. Complications and risks associated with the use of NPWT devices
3.1.3. Market Opportunities
3.1.3.1. Technological improvements in Negative Pressure Wound Therapy
Chapter 4. Global Negative Pressure Wound Therapy Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Negative Pressure Wound Therapy Market, by Product
6.1. Market Snapshot
6.2. Global Negative Pressure Wound Therapy Market by Product, Performance – Potential Analysis
6.3. Global Negative Pressure Wound Therapy Market Estimates & Forecasts by Product 2018-2028 (USD Billion)
6.4. Negative Pressure Wound Therapy Market, Sub Segment Analysis
6.4.1. Conventional NPWT
6.4.2. Single-use NPWT
Chapter 7. Global Negative Pressure Wound Therapy Market, by Type
7.1. Market Snapshot
7.2. Global Negative Pressure Wound Therapy Market by Type, Performance – Potential Analysis
7.3. Global Negative Pressure Wound Therapy Market Estimates & Forecasts by Type 2018-2028 (USD Billion)
7.4. Negative Pressure Wound Therapy Market, Sub Segment Analysis
7.4.1. Diabetic Foot Ulcers
7.4.2. Venous Leg Ulcers
7.4.3. Pressure Ulcers
7.4.4. Burn Wounds
7.4.5. Others
Chapter 8. Global Negative Pressure Wound Therapy Market, by End Use
8.1. Market Snapshot
8.2. Global Negative Pressure Wound Therapy Market by End Use, Performance – Potential Analysis
8.3. Global Negative Pressure Wound Therapy Market Estimates & Forecasts by End Use 2018-2028 (USD Billion)
8.4. Negative Pressure Wound Therapy Market, Sub Segment Analysis
8.4.1. Hospitals
8.4.2. Homecare
8.4.3. Others
Chapter 9. Global Negative Pressure Wound Therapy Market, Regional Analysis
9.1. Negative Pressure Wound Therapy Market, Regional Market Snapshot
9.2. North America Negative Pressure Wound Therapy Market
9.2.1. U.S. Negative Pressure Wound Therapy Market
9.2.1.1. Product breakdown estimates & forecasts, 2018-2028
9.2.1.2. Type breakdown estimates & forecasts, 2018-2028
9.2.1.3. End Use breakdown estimates & forecasts, 2018-2028
9.2.2. Canada Negative Pressure Wound Therapy Market
9.3. Europe Negative Pressure Wound Therapy Market Snapshot
9.3.1. U.K. Negative Pressure Wound Therapy Market
9.3.2. Germany Negative Pressure Wound Therapy Market
9.3.3. France Negative Pressure Wound Therapy Market
9.3.4. Spain Negative Pressure Wound Therapy Market
9.3.5. Italy Negative Pressure Wound Therapy Market
9.3.6. Rest of Europe Negative Pressure Wound Therapy Market
9.4. Asia-Pacific Negative Pressure Wound Therapy Market Snapshot
9.4.1. China Negative Pressure Wound Therapy Market
9.4.2. India Negative Pressure Wound Therapy Market
9.4.3. Japan Negative Pressure Wound Therapy Market
9.4.4. Australia Negative Pressure Wound Therapy Market
9.4.5. South Korea Negative Pressure Wound Therapy Market
9.4.6. Rest of Asia Pacific Negative Pressure Wound Therapy Market
9.5. Latin America Negative Pressure Wound Therapy Market Snapshot
9.5.1. Brazil Negative Pressure Wound Therapy Market
9.5.2. Mexico Negative Pressure Wound Therapy Market
9.6. Rest of The World Negative Pressure Wound Therapy Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Acelity L.P. Inc.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Talley Group Limited
10.2.3. Nephew plc
10.2.4. Devon Medical Products
10.2.5. Mölnlycke Health Care
10.2.6. Medela
10.2.7. DeRoyal Industries, Inc.
10.2.8. ConvaTec, Inc.
10.2.9. Cardinal Health, Inc.
10.2.10. Paul Hartmann AG
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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