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Global Negative Pressure Wound Therapy (NPWT) Market Report: By Product: Conventional NPWT Devices, Disposable NPWT Devices, NPWT Accessories; By Wound Type: Burns and Surgical and Open Wounds, Pressure Ulcers, Diabetic Foot Ulcers, Venous Leg Ulcers, Others; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Global Negative Pressure Wound Therapy (NPWT) Market Outlook
The global negative pressure wound therapy (NPWT) market size reached a value of more than USD 2.25 billion in 2023. During the forecast period of between 2024 and 2032, the market is expected to grow at a CAGR of 6.20%.
Key Trends in the Market
Negative pressure wound therapy (NPWT), also known as vacuum-assisted closure, is a therapeutic method used to treat burns, chronic wounds, and infections with a vacuum dressing. Additionally, it is used to heal skin flaps, grafts, and ulcers caused by diabetes and hypertension. In order to enhance blood flow and remove extra fluid from the wound, it uses a sealed wound dressing coupled to a pump that generates negative pressure inside and around the area of the wound.
- A significant driver propelling the growth of the negative pressure wound therapy market is the rising prevalence of diabetes and chronic disorders worldwide. The prevalence of diabetes has significantly increased over time, and this trend will likely continue in the forecast period. By 2045, the International Diabetes Federation (IDF) projects that there will be 783 million individuals globally who have diabetes.
- The negative pressure wound therapy (NPWT) market expansion is also being supported by the rising adoption of technologically advanced single-use NPWT devices. These tools are much more cost-effective, disposable, and portable than the ones that have been used in healthcare previously. They can also be used to provide care at home, reducing the need for protracted hospital visits. In addition, the development of dynamic pressure management and leak detection systems, along with the manufacturing of multi-wound NPWT devices, are fuelling market expansion.
- The increasing preference for cost-effective wound treatment employing NPWT devices including portable NPWT devices and single-use NPWT devices is anticipated to have a favourable impact on the market outlook for negative pressure wound therapy.
Global Negative Pressure Wound Therapy (NPWT) Market Analysis
Based on product, the market is segmented into conventional NPWT Devices, disposable NPWT Devices, and NPWT accessories. The market on the basis of wound type can be segmented into burns and surgical and open wounds, pressure ulcers, diabetic foot ulcers, venous leg ulcers, and traumatic wounds. On the basis of end use, the market is divided into hospitals and clinics and home care settings, among others. The regional markets for negative pressure wound therapy (NPWT) can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global negative pressure wound therapy (NPWT) market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Smith & Nephew Plc
- ConvaTec Inc.
- Cardinal Health
- Medela AG
- Mölnlycke Health Care AB
- Talley Group Ltd
- PAUL HARTMANN Asia-Pacific Ltd.
- Others
Market Share by Wound Type
The pressure ulcer segment is anticipated to dominate the negative pressure wound therapy market due to its longer duration of therapy. When admitted to hospitals, patients with pressure ulcers typically stay for extended periods of time, which raises hospital expenses. Its expanding use in treating pressure wounds like bedsores is another reason boosting the segment growth.
On the other hand, the diabetic foot ulcers segment is anticipated to register the highest CAGR throughout the projection period due to its enormous success rate in treating NPWT and the high prevalence of diabetes. Additionally, diabetic foot ulcers (DFU) are one of the most prevalent consequences of diabetes and are a burden in many nations around the world. NPWT speeds up the healing of diabetic foot ulcers.
Market Share by Region
North America is anticipated to have the largest negative pressure wound therapy (NPWT) market share during the forecast period due to its advanced healthcare infrastructure and increased healthcare spending. The United States dominates the market in North America because of factors including the huge populations of chronic disease patients, prevalence of cardiovascular conditions, and the large number of patients receiving negative-pressure wound therapy for both acute and chronic injuries. The presence of significant companies, early consumer acceptance of technologically advanced products, and increased research and development efforts are further projected to boost the region's market.
During the forecast period, the market in the Asia Pacific region is anticipated to exhibit a lucrative CAGR. This is primarily owing to the rise in traumatic incidents like burns, which is fuelling demand for NPWT therapy in this region. The main factors anticipated to drive the market in the region are the rising elderly population and the rise in diabetes and obesity. Additionally, the presence of a large patient base with serious wounds brought on by acute, chronic diseases will increase regional negative pressure wound therapy (NPWT) market share throughout the course of the projected period.
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Competitive Landscape
Smith & Nephew Plc, a multinational medical technology firm with its headquarters in the United Kingdom founded in 1856, develops, produces, and markets medical devices for use in advanced wound treatment, orthopaedic reconstruction and trauma, ENT, and sports medicine.
ConvaTec Inc. with its headquarters in the United Kingdom, is a multinational provider of medical goods and technologies with a focus on managing chronic illnesses. It holds market-leading positions in continence care, advanced wound care, ostomy care, and infusion care.
Cardinal Health, headquartered in the United States, is a pharmaceutical distributor, a manufacturer and distributor of medical and laboratory products on a global scale, and a supplier of performance and data solutions for healthcare institutions. It sells branded and generic medications, specialty medications, over-the-counter health and beauty goods, medical gear, surgical supplies, and laboratory products.
Other market players include Medela AG, Mölnlycke Health Care AB, Talley Group Ltd, and PAUL HARTMANN Asia-Pacific Ltd., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Wound Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Industry Opportunities and Challenges
8 Global Negative Pressure Wound Therapy (NPWT) Market Analysis
8.1 Key Industry Highlights
8.2 Global Negative Pressure Wound Therapy (NPWT) Historical Market (2018-2023)
8.3 Global Negative Pressure Wound Therapy (NPWT) Market Forecast (2024-2032)
8.4 Global Negative Pressure Wound Therapy (NPWT) Market by Product
8.4.1 Conventional NPWT Devices
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Disposable NPWT Devices
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 NPWT Accessories
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.5 Global Negative Pressure Wound Therapy (NPWT) Market by Wound Type
8.5.1 Burns and Surgical and Open Wounds
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Pressure Ulcers
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Diabetic Foot Ulcers
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Venous Leg Ulcers
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Traumatic Wounds
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.6 Global Negative Pressure Wound Therapy (NPWT) Market by End Use
8.6.1 Hospitals and Clinics
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Home Care Settings
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Others
8.7 Global Negative Pressure Wound Therapy (NPWT) Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Smith & Nephew Plc
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 ConvaTec Inc.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Cardinal Health
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Medela AG
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Mölnlycke Health Care AB
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Talley Group Ltd
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 PAUL HARTMANN Asia-Pacific Ltd.
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Negative Pressure Wound Therapy (NPWT) Market: Key Industry Highlights, 2017 and 2027
2. Global Negative Pressure Wound Therapy (NPWT) Historical Market: Breakup by Product (USD Million), 2018-2023
3. Global Negative Pressure Wound Therapy (NPWT) Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Global Negative Pressure Wound Therapy (NPWT) Historical Market: Breakup by Wound Type (USD Million), 2018-2023
5. Global Negative Pressure Wound Therapy (NPWT) Market Forecast: Breakup by Wound Type (USD Million), 2024-2032
6. Global Negative Pressure Wound Therapy (NPWT) Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Global Negative Pressure Wound Therapy (NPWT) Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Global Negative Pressure Wound Therapy (NPWT) Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Negative Pressure Wound Therapy (NPWT) Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Negative Pressure Wound Therapy (NPWT) Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Negative Pressure Wound Therapy (NPWT) Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Negative Pressure Wound Therapy (NPWT) Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Negative Pressure Wound Therapy (NPWT) Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Negative Pressure Wound Therapy (NPWT) Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Negative Pressure Wound Therapy (NPWT) Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Negative Pressure Wound Therapy (NPWT) Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Negative Pressure Wound Therapy (NPWT) Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Negative Pressure Wound Therapy (NPWT) Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Negative Pressure Wound Therapy (NPWT) Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Negative Pressure Wound Therapy (NPWT) Market Structure.
Key Questions Answered in the Report
In 2023, the market for negative pressure wound therapy (NPWT) reached a value of more than USD 2.25 billion.
The market is projected to grow at a CAGR of 6.20% between 2024 and 2032.
The major drivers of the negative pressure wound therapy (NPWT) market include the rising prevalence of diabetes and chronic diseases, development of dynamic pressure control and leak detection systems, growing preference for cost-effective wound treatment, increase in research and development activities, and rise in geriatric population.
The production of multi-wound NPWT devices, rising healthcare expenditure, and the increasing utilisation of technologically advanced single-use NPWT devices are the key industry trends propelling the growth of the market.
The major players in the industry are Smith & Nephew Plc, ConvaTec Inc., Cardinal Health, Medela AG, Mölnlycke Health Care AB, Talley Group Ltd, and PAUL HARTMANN Asia-Pacific Ltd., among others.
Negative pressure wound therapy (NPWT) seeks to enhance the physiology of wound healing by utilising sub-atmospheric pressure to help reduce inflammatory exudate and promote tissue granulation.
White/black foam, gauze, hydrocolloids, drapes, and non-woven polyester with silicone elastomers are examples of dressings used in negative pressure wound therapy.
To evenly transmit negative pressure across the wound bed, the NPWT device applies on an open cell foam or gauze dressing to the wound bed. Foam and gauze have both been shown to be equally effective at encouraging wound contraction and blood flow at the wound edge.
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