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Wound Therapy Devices Market

Global Wound Therapy Devices Market Size, Growth, Trends: By Product: NPWT Devices, HBOT Devices, Others; By Wound Type: Acute Wound, Chronic Wound; By End User: Hospitals, Specialty Clinics, Ambulatory Surgical Centres, Others; Regional Analysis; Patent Analysis; Grants Analysis; Funding Analysis; Supplier Landscape; 2024-2032

Global Wound Therapy Devices Market Outlook

The global wound therapy devices market size was valued at USD 2.43 billion in 2023, driven by the rising geriatric population, rising cases of accidents, rising cases of diabetic foot ulcers, venous leg ulcers, availability of skilled professionals, and improvement in healthcare infrastructure. The market is anticipated to grow at a CAGR of 5.8% during the forecast period 2024-2032 to reach a value of USD 4.04 billion by 2032.

 

Wound Therapy Devices Market

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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.

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.

 

Wound Therapy Devices Market by Product

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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.

 

Wound Therapy Devices Market by Region

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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
  • B. Braun Melsungen AG
  • Medtronic
  • 3M Company
  • Mölnlycke Health Care AB
  • PAUL HARTMANN AG
  • KCI Licensing, Inc. (Acelity Inc.)
  • Medela AG
  • 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.

 

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:

  • Product
  • Wound Type
  • End User
  • Region
Breakup by Product
  • NPWT Devices
  • HBOT Devices
  • Others
Breakup by Wound Type
  • Acute Wound
  • Chronic Wound
Breakup by End User
  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centres
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Acelity L.P., Inc.
  • Cardinal Health, Inc. (NYSE: CAH)
  • ConvaTec Inc.
  • Paul Hartmann AG
  • Smith & Nephew plc
  • B. Braun Melsungen AG
  • Medtronic
  • 3M Company
  • Mölnlycke Health Care AB
  • PAUL HARTMANN AG
  • KCI Licensing, Inc. (Acelity Inc.)
  • Medela AG
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.

 

*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
    1.1    Objectives of the Study
    1.2    Key Assumptions 
    1.3    Report Coverage – Key Segmentation and Scope  
    1.4    Research Methodology
2    Executive Summary
3    Global Wound Therapy Devices Market Overview 

    3.1    Global Wound Therapy Devices Market Historical Value (2017-2023) 
    3.2    Global Wound Therapy Devices Market Forecast Value (2024-2032)
4    Global Wound Therapy Devices Market Landscape
    4.1    Global Wound Therapy Devices Developers Landscape
        4.1.1    Analysis by Year of Establishment
        4.1.2    Analysis by Company Size
        4.1.3    Analysis by Region
    4.2    Global Wound Therapy Devices Product Landscape
        4.2.1    Analysis by Product
        4.2.2    Analysis by Wound Type
        4.2.3    Analysis by End User
5    Global Wound Therapy Devices Market Dynamics
    5.1    Market Drivers and Constraints
    5.2    SWOT Analysis
    5.3    Porter’s Five Forces Model 
    5.4    Key Demand Indicators
    5.5    Key Price Indicators
    5.6    Industry Events, Initiatives, and Trends 
    5.7    Value Chain Analysis
6    Global Wound Therapy Devices Market Segmentation 
    6.1    Global Wound Therapy Devices Market by Product
        6.1.1    Market Overview
        6.1.2    NPWT Devices
        6.1.3    HBOT Devices
        6.1.4    Others
    6.2    Global Wound Therapy Devices Market by Wound Type
        6.2.1    Market Overview
        6.2.2    Acute Wound
        6.2.3    Chronic Wound
    6.3    Global Wound Therapy Devices Market by End User
        6.3.1    Market Overview
        6.3.2    Hospitals
        6.3.3    Specialty Clinics
        6.3.4    Ambulatory Surgical Centres
        6.3.5    Others
    6.4    Global Wound Therapy Devices Market by Region
        6.4.1    Market Overview
        6.4.2    North America 
        6.4.3    Europe
        6.4.4    Asia Pacific
        6.4.5    Latin America
        6.4.6    Middle East and Africa
7    North America Wound Therapy Devices Market
    7.1    Market Share by Country
    7.2    United States of America
    7.3    Canada
8    Europe Wound Therapy Devices Market
    8.1    Market Share by Country
    8.2    United Kingdom
    8.3    Germany
    8.4    France
    8.5    Italy
    8.6    Others
9    Asia Pacific Wound Therapy Devices Market
    9.1    Market Share by Country
    9.2    China
    9.3    Japan
    9.4    India
    9.5    ASEAN
    9.6    Australia
    9.7    Others
10    Latin America Wound Therapy Devices Market
    10.1    Market Share by Country
    10.2    Brazil
    10.3    Argentina
    10.4    Mexico
    10.5    Others
11    Middle East and Africa Wound Therapy Devices Market
    11.1    Market Share by Country
    11.2    Saudi Arabia
    11.3    United Arab Emirates
    11.4    Nigeria
    11.5    South Africa
    11.6    Others
12    Patent Analysis
    12.1    Analysis by Type of Patent
    12.2    Analysis by Publication year
    12.3    Analysis by Issuing Authority
    12.4    Analysis by Patent Age
    12.5    Analysis by CPC Analysis
    12.6    Analysis by Patent Valuation 
    12.7    Analysis by Key Players
13    Grants Analysis
    13.1    Analysis by year
    13.2    Analysis by Amount Awarded
    13.3    Analysis by Issuing Authority
    13.4    Analysis by Grant Application
    13.5    Analysis by Funding Institute
    13.6    Analysis by NIH Departments
    13.7    Analysis by Recipient Organization
14    Funding Analysis
    14.1    Analysis by Funding Instances
    14.2    Analysis by Type of Funding
    14.3    Analysis by Funding Amount
    14.4    Analysis by Leading Players
    14.5    Analysis by Leading Investors
    14.6    Analysis by Geography
15    Partnership and Collaborations Analysis
    15.1    Analysis by Partnership Instances
    15.2    Analysis by Type of Partnership
    15.3    Analysis by Leading Players
    15.4    Analysis by Geography
16    Regulatory Framework
    16.1    Regulatory Overview
        16.1.1    US FDA
        16.1.2    EU EMA
        16.1.3    INDIA CDSCO
        16.1.4    JAPAN PMDA
        16.1.5    Others
17    Supplier Landscape
    17.1    Acelity L.P., Inc.
        17.1.1    Financial Analysis
        17.1.2    Product Portfolio
        17.1.3    Demographic Reach and Achievements
        17.1.4    Mergers and Acquisitions
        17.1.5    Certifications
    17.2    Cardinal Health, Inc. (NYSE: CAH)
        17.2.1    Financial Analysis
        17.2.2    Product Portfolio
        17.2.3    Demographic Reach and Achievements
        17.2.4    Mergers and Acquisitions
        17.2.5    Certifications
    17.3    ConvaTec Inc.
        17.3.1    Financial Analysis
        17.3.2    Product Portfolio
        17.3.3    Demographic Reach and Achievements
        17.3.4    Mergers and Acquisitions
        17.3.5    Certifications
    17.4    Paul Hartmann AG
        17.4.1    Financial Analysis
        17.4.2    Financial Portfolio
        17.4.3    Demographic Reach and Achievements
        17.4.4    Mergers and Acquisitions
        17.4.5    Certifications
    17.5    Smith & Nephew plc
        17.5.1    Financial Analysis
        17.5.2    Product Portfolio
        17.5.3    Demographic Reach and Achievements
        17.5.4    Mergers and Acquisitions
        17.5.5    Certifications
    17.6    B. Braun Melsungen AG
        17.6.1    Financial Analysis
        17.6.2    Product Portfolio
        17.6.3    Demographic Reach and Achievements
        17.6.4    Mergers and Acquisitions
        17.6.5    Certifications
    17.7    Medtronic
        17.7.1    Financial Analysis
        17.7.2    Product Portfolio
        17.7.3    Demographic Reach and Achievements
        17.7.4    Mergers and Acquisitions
        17.7.5    Certifications
    17.8    3M Company
        17.8.1    Financial Analysis
        17.8.2    Product Portfolio
        17.8.3    Demographic Reach and Achievements
        17.8.4    Mergers and Acquisitions
        17.8.5    Certifications
    17.9    Mölnlycke Health Care AB
        17.9.1    Financial Analysis
        17.9.2    Product Portfolio
        17.9.3    Demographic Reach and Achievements
        17.9.4    Mergers and Acquisitions
        17.9.5    Certifications
    17.10    PAUL HARTMANN AG
        17.10.1    Financial Analysis
        17.10.2    Product Portfolio
        17.10.3    Demographic Reach and Achievements
        17.10.4    Mergers and Acquisitions
        17.10.5    Certifications
    17.11    KCI Licensing, Inc. (Acelity Inc.)
        17.11.1    Financial Analysis
        17.11.2    Product Portfolio
        17.11.3    Demographic Reach and Achievements
        17.11.4    Mergers and Acquisitions
        17.11.5    Certifications
    17.12    Medela AG
        17.12.1    Financial Analysis
        17.12.2    Product Portfolio
        17.12.3    Demographic Reach and Achievements
        17.12.4    Mergers and Acquisitions
        17.12.5    Certifications
18    Global Wound Therapy Devices Market - Distribution Model (Additional Insight)
    18.1    Overview 
    18.2    Potential Distributors 
    18.3    Key Parameters for Distribution Partner Assessment 
19    Key Opinion Leaders (KOL) Insights (Additional Insight)
20    Company Competitiveness Analysis (Additional Insight)

    20.1    Very Small Companies
    20.2    Small Companies
    20.3    Mid-Sized Companies
    20.4    Large Companies
    20.5    Very Large Companies
21    Payment Methods (Additional Insight)
    21.1    Government Funded
    21.2    Private Insurance
    21.3    Out-of-Pocket

 

*Additional insights provided are customisable as per client requirements.

Key Questions Answered in the Report

The global wound therapy devices market reached a value of USD 2.43 billion in 2023.

The market is projected to grow at a CAGR of 5.8% during the forecast period of 2024-2032 to reach a value of USD 4.04 billion by 2032.

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. (NYSE: CAH), ConvaTec Inc., Paul Hartmann AG, Smith & Nephew plc, B. Braun Melsungen AG, Medtronic, 3M Company, Mölnlycke Health Care AB, PAUL HARTMANN AG, KCI Licensing, Inc. (Acelity Inc.), and Medela AG, among others.

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