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Global Wound Therapy Devices Market: By Product: NPWT Devices, HBOT Devices, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Competitive Landscape; Industry Events and Developments
Global Wound Therapy Devices Market Outlook
The global wound therapy devices market attained a value of nearly USD 1.5 billion in 2020. The industry is likely to grow in the forecast period of 2022-2027 at a CAGR of about 4% to reach a value of approximately USD 1.8 billion by 2026.
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Market Segmentation
Wound therapy devices help in wound treatment and prevent infections, which might be caused by wounds by removing infectious materials, bodily fluids, and wound exudates from the area.
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The wound therapy devices market can be broadly categorised based on its product types into:
- NPWT devices
- HBOT devices
- Others
The EMR report looks into the regional markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The rising prevalence of acute as well as chronic injuries is driving the market for wound therapy devices. Roughly 15,000 per million people in developed countries suffer from a chronic injury in their lives, further adding to the use of wound treatment devices. Besides, the growing global prevalence of acute injuries, including surgical wounds and traumatic injuries, resulting from abrasion, punching, laceration, and incision, also impacts the wound therapy devices market positively.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global wound therapy devices market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Acelity L.P., Inc.
- Cardinal Health, Inc. (NYSE: CAH)
- ConvaTec Inc.
- Paul Hartmann AG
- Smith & Nephew plc
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Region |
| Breakup by Product | NPWT Devices, HBOT Devices, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Acelity L.P., Inc., Cardinal Health, Inc. (NYSE: CAH), ConvaTec Inc., Paul Hartmann AG, Smith & Nephew plc, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Wound Therapy Devices Market Analysis
8.1 Key Industry Highlights
8.2 Global Wound Therapy Devices Historical Market (2017-2021)
8.3 Global Wound Therapy Devices Market Forecast (2022-2027)
8.4 Global Wound Therapy Devices Market by Product
8.4.1 NPWT Devices
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 HBOT Devices
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Global Wound Therapy Devices Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.2.2 Forecast Trend (2022-2027)
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 Spain
9.2.3.6 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.4.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.5.2 Forecast Trend (2022-2027)
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 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Acelity L.P., Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Cardinal Health, Inc. (NYSE: CAH)
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 ConvaTec Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Paul Hartmann AG
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Smith & Nephew plc
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Wound Therapy Devices Market: Key Industry Highlights, 2016 and 2026
2. Global Wound Therapy Devices Historical Market: Breakup by Product (USD Billion), 2017-2021
3. Global Wound Therapy Devices Market Forecast: Breakup by Product (USD Billion), 2022-2027
4. Global Wound Therapy Devices Historical Market: Breakup by Region (USD Billion), 2017-2021
5. Global Wound Therapy Devices Market Forecast: Breakup by Region (USD Billion), 2022-2027
6. North America Wound Therapy Devices Historical Market: Breakup by Country (USD Billion), 2017-2021
7. North America Wound Therapy Devices Market Forecast: Breakup by Country (USD Billion), 2022-2027
8. Europe Wound Therapy Devices Historical Market: Breakup by Country (USD Billion), 2017-2021
9. Europe Wound Therapy Devices Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Asia Pacific Wound Therapy Devices Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Asia Pacific Wound Therapy Devices Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Latin America Wound Therapy Devices Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Latin America Wound Therapy Devices Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Middle East and Africa Wound Therapy Devices Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Middle East and Africa Wound Therapy Devices Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Global Wound Therapy Devices Market Structure
Key Questions Answered in the Report
In 2020, the global wound therapy devices market attained a value of nearly USD 1.5 billion.
The market is projected to grow at a CAGR of 4% between 2022 and 2027.
The major drivers of the market include the rising geriatric population, launch of technologically advanced products, rising cases of accidents, rising cases of diabetic foot ulcers, venous leg ulcers, availability of skilled professionals, and improvement in healthcare infrastructure.
The rising prevalence of acute as well as chronic injuries and surgical wounds and traumatic injuries are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The wound therapy devices market can be broadly categorised based on its product into NPWT devices and HBOT devices, among others.
The major players in the industry are Acelity L.P., Inc., Cardinal Health, Inc., ConvaTec Inc., Paul Hartmann AG, and Smith & Nephew plc, among others.
Analyst Review
The global wound therapy devices market attained a value of nearly USD 1.5 billion in 2020, driven by the rising prevalence of acute as well as chronic injuries. Aided by rising geriatric population and surgical wounds and traumatic injuries, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 4%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The wound therapy devices market can be broadly categorised based on its product into NPWT devices and HBOT devices, among others. The major regional markets for wound therapy devices market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Acelity L.P., Inc., Cardinal Health, Inc., ConvaTec Inc., Paul Hartmann AG, and Smith & Nephew plc, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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