Overview

Global Negative Pressure Wound Therapy Market is estimated to value over USD 2.9 billion by 2026 end and register a CAGR of over 4% during the forecast period 2019 to 2026.

Negative pressure wound therapy (NPWT) is a therapeutic technique that utilizes the sub-atmospheric pressure to heal chronic and acute wounds. By applying vacuum through a sealed wound dressing, this therapy encourages the healing of wounds. This vacuum increases blood supply to the affected area and draws out debris and fluids from the wound. NPWT devices are primarily used for managing various chronic and acute wounds like arterial ulcers, venous ulcers, pressure ulcers and diabetic ulcers. 

Several NPWT devices are available in different sizes and shapes in accordance with the wound size to be treated and the body contour of the patient. Generally, NPWT devices consist of a drainage tubing, dressing set and a vacuum pump. The vacuum pump is powered either by batteries or alternating current and is either movable or fixed. It is designed to include features such as an indication of alarm for suction loss, replaceable collection canister and suction regulation strength. 

The negative pressure wound therapy market growth is steered by the increase in the prevalence of chronic disease cases like obesity and diabetes mellitus, increase in injuries and deaths caused by trauma and accidents, growing awareness amongst patients regarding negative pressure wound therapy (NPWT) devices, technological advancements like the development of cost-effective NPWT devices and proliferation in the ageing population. 

Single-use NPWT devices are widely preferred over traditional NPWT devices. The prominent advantages of the single-use NPWT devices are their portability factors and cost-effectiveness portability factors. Single-use NPWT devices are canister-less pumps, which renders their easy utilization, especially in homecare settings. Its usage in home settings abolishes the need for extended hospital stays. This makes the overall single-use therapy economic and thus affordable to patients, particularly from the emerging nations.

The market is witnessing huge advancements in technologies concerning dressings as well as therapy pumps. The key players are concentrating on implementing new strategies for product development acquisitions and mergers. For example, Smith & Nephew, in 2016, declared that PICO, its single-use NPWT system, reduced complexities post orthopaedic surgery and offers improved wound healing. With Acelity introducing V.A.C. technology, management of wound care has expanded and is considered to be a leading technology. The market is currently subjugated by Acelity, due to them acquiring Kinetic Concepts, Inc., which is a key player in the NPWT market. Although, new emerging players like ConvaTec and Smith & Nephew are going to possibly affect Acelity’s global negative pressure wound therapy market share in the upcoming years.

Global Negative Pressure Wound Therapy Market Segmentation: 

By Product Type

• Conventional NPWT Devices
• Single-Use NPWT Devices
• Accessories

By Wound Type

• Surgical and Traumatic Wounds
• Ulcers
• Diabetic Foot Ulcers
• Venous Ulcers
• Pressure Ulcers
• Other Ulcers
• Burns

By End User

• Hospitals
• Home Care Settings
• Others

By Region

• North America
• Europe
• Asia Pacific
• Rest of the World

FutureWise Key Takeaways:

• Growth prospects

• SWOT analysis 

• Key trends 

• Key data-points affecting market growth 

Objectives of the Study:

• To provide with an exhaustive analysis on the global negative pressure wound therapy market by product type, by wound type, by end user and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market 
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, and the rest of the world
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies

Table of Contents

1 Introduction 

    1.1 Objectives of the Study 

    1.2 Market Definition 

           1.2.1 Markets Covered

           1.2.2 Years Considered for the Study

    1.3 Currency 

    1.4 Limitations 

    1.5 Stakeholders 

2 Research Methodology 

    2.1 Secondary Data 

           2.1.1 Key Data From Secondary Sources

    2.2 Primary Data 

           2.2.1 Key Data From Primary Sources

    2.3 Market Size Estimation 

           2.3.1 Bottom-Up Approach

           2.3.2 Top-Down Approach

    2.4 Market Breakdown and Data Triangulation 

    2.5 Assumptions for the Study 

3 Executive Summary 

4 Premium Insights 

    4.1 Negative Pressure Wound Therapy Market: Overview 

    4.2 Global Market, By Wound Type (2018) 

    4.3 Geographical Snapshot of the Global Market 

5 Market Overview 

    5.1 Introduction 

    5.2 Market Dynamics 

           5.2.1 Drivers

                    5.2.1.1 Growing Prevalence of Diabetes

                    5.2.1.2 Increasing Spending on Chronic and Surgical Wounds

                    5.2.1.3 Government Initiatives to Prevent SSIS

                    5.2.1.4 High Rate of Cesarean Sections in Elderly Mothers Leading to Increasing Post-Operative Use of NPWT Devices

           5.2.2 Trends

                    5.2.2.1 Growing Usage of Simplified Single-Use Devices

6 By Product Type 

    6.1 Introduction 

    6.2 Conventional NPWT Devices 

    6.3 Single-Use NPWT Devices 

    6.4 Accessories 

7 By Wound Type 

    7.1 Introduction 

    7.2 Surgical and Traumatic Wounds 

    7.3 Ulcers 

           7.3.1 Diabetic Foot Ulcers

           7.3.2 Venous Ulcers

           7.3.3 Pressure Ulcers

           7.3.4 Other Ulcers

    7.4 Burns 

8 By End User 

    8.1 Introduction 

    8.2 Hospitals 

    8.3 Home Care Settings 

    8.4 Other End Users 

9 By Region 

    9.1 Introduction 

    9.2 North America 

           9.2.1 US

           9.2.2 Canada

    9.3 Europe 

           9.3.1 Germany

           9.3.2 UK

           9.3.3 France

           9.3.4 Rest of Europe

    9.4 Asia 

           9.4.1 China

           9.4.2 Japan

           9.4.3 India

           9.4.4 Rest of Asia (RoA)

    9.5 Rest of the World 

10 Competitive Landscape 

     10.1 Overview 

     10.2 Market Share Ranking, 2017 

             10.2.1 Product Launches

             10.2.2 Agreements

             10.2.3 Expansions

11 Company Profiles 

     11.1 Acelity 

     11.2 Smith & Nephew 

     11.3 Mölnlycke Health Care AB (A Subsidiary of Investor AB) 

     11.4 Convatec Group 

     11.5 Cardinal Health 

     11.6 Deroyal 

     11.7 Lohmann & Rauscher International GmbH & Co. Kg 

     11.8 Talley Group 

     11.9 Medela 

     11.10 Genadyne

Chapter 12 Research Finding and Conclusion 

Chapter 13  Research Methodology 

Chapter 14  Research Data Source   

Tables

Figures