Overview


According to FutureWise analysis the market for negative pressure wound therapy in 2023 is US$ 2.88 billion, and is expected to reach US$ 4.71 billion by 2031 at a CAGR of 6.32%.

A vacuum dressing is used in the procedure known as "negative pressure wound therapy" to expedite the healing of wounds. The technique is used to treat a range of wounds, including pressure ulcers, diabetic foot ulcers, and surgical wounds. NPWT works by applying negative pressure, or suction, to the wound through a special dressing that is sealed over the wound. The negative pressure helps to remove excess fluid and promote blood flow to the wound, which can speed up the healing process. In addition, the vacuum dressing helps to keep the wound clean and protect it from external contaminants.

NPWT is typically used for chronic wounds that have not healed with traditional wound care methods. The technique can be used for a range of wound sizes and depths and can be applied in both hospital and home care settings. During NPWT treatment, the vacuum dressing is applied to the wound, and a vacuum pump is connected to the dressing to create negative pressure. The pressure is usually set at a specific level depending on the type and severity of the wound. The vacuum pump may be battery-operated or plugged into an electrical outlet. NPWT treatment can last anywhere from several days to several weeks, depending on the wound and the patient's individual needs. During the treatment, the dressing and vacuum pump may need to be changed periodically to ensure proper functioning.

FutureWise Market Research has published a report that provides an insightful analysis of Negative Pressure Wound Therapy Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Negative Pressure Wound Therapy Market will experience a significant growth.

According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.

  • Acelity
  • Smith & Nephew
  • Mölnlycke Health Care AB
  • Cardinal Health
  • ConvaTec
  • DeRoyal
  • Lohmann & Rauscher
  • Talley Group
  • Medela
  • Genadyne

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent developments by key players in Negative Pressure Wound Therapy Market:

In January 2022, the US FDA approved Smith & Nephew's PICO 7 and PICO 14 single-use negative pressure wound treatment devices for a new indication of use. These devices may now be applied to surgical incisions that have been closed to help prevent wounds.

The negative pressure wound therapy (NPWT) market has seen rapid expansion in recent years, driven by several key factors. NPWT is a medical technique that involves the use of a vacuum dressing to promote wound healing. The technique is used to treat a range of wounds, including pressure ulcers, diabetic foot ulcers, and surgical wounds. One of the primary drivers of the NPWT market is the rising prevalence of chronic wounds. According to the World Health Organization (WHO), chronic wounds affect around 1-2% of the population in developed countries, and this figure is expected to rise as the population ages. This growing prevalence of chronic wounds is driving demand for NPWT devices and treatments. Another factor driving growth in the NPWT market is the increasing adoption of advanced wound care technologies. NPWT is an effective treatment option for many types of wounds, and its non-invasive nature and high success rates have made it a popular choice among healthcare providers. Moreover, the development of portable and disposable NPWT devices has increased the convenience and accessibility of the treatment, making it a more viable option for patients who require ongoing wound care. Furthermore, technological advancements in NPWT devices have also contributed to the growth of the market. The development of smart NPWT devices that use sensors to monitor wound healing progress and adjust the level of negative pressure has increased the effectiveness and efficiency of the treatment. In addition, the development of single-use NPWT devices that reduce the risk of infection has also increased the adoption of NPWT in healthcare settings.

Despite the growth prospects, there are also several challenges faced by the NPWT market. One of the significant challenges is the high cost of NPWT devices and treatments, which can be a barrier to access for some patients. Additionally, the market is highly competitive, with several established players competing for market share. This competition has led to pricing pressures and the need for continuous innovation to stay ahead in the market.

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
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered the highest share of 39% in the global market in 2022. Due to the growing incidence of chronic wounds and the rising number of accidents in this area, North America is anticipated to retain a sizable market share in the negative pressure wound therapy market. The U.S. has the highest proportion of the market under study since it has one of the most developed economies and the most advanced technological infrastructure. The rising rates of diabetes in the region are also anticipated to fuel market expansion. For instance, the International Diabetes Federation estimates that the number of cases of diabetes (20-79 years old) was 32.2 million in 2021 and is projected to increase to 36.8 million by 2045. The market is anticipated to rise as a result of the rising prevalence of diabetes, which increases the risk of developing diabetic foot. Additionally, it is projected that the strategic activities taken by industry participants would promote market growth in the region. The market under study is thus anticipated to have considerable expansion in the North American region over the course of the forecast period

  • Tier 1 players- established companies in the market with major market share Tier 2 players New Entrants Emerging players which are growing rapidly
  • Tier 2 players
  • New Entrants
  • Emerging players which are growing rapidly

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data points affecting market growth

  • To provide with an exhaustive analysis on the Negative Pressure Wound Therapy Market By Product Type, By Wound Type, By End User and by Region.
  • To cater comprehensive insights on factors such as drivers, restraints, trends, opportunity, and additionally segmental and regional factors impacting market growth.
  • To evaluate current market trends and forecast micro-markets and the overall market projections which are represented in the format of data-sets and ppt.
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To provide information on competitors which includes landscape mapping, technological advancements, R&D spending, news concerning strategic alliances, and new product launches.

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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Negative Pressure Wound Therapy Market Variables, Trends and Scope

    •      1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Negative Pressure Wound Therapy Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Negative Pressure Wound Therapy Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Negative Pressure Wound Therapy Market, By Product Type Historical Analysis and Forecast 2024-2032 (USD Million)

    •   1. Conventional NPWT Devices
        2. Single-Use NPWT Devices
        3. Accessories

  • 8.   Negative Pressure Wound Therapy Market, By Wound Type Historical Analysis and Forecast 2024-2032 (USD Million)

    •   1. Surgical and Traumatic Wounds
        2. Ulcers
         2.1. Diabetic Foot Ulcers
         2.2. Venous Ulcers
         2.3. Pressure Ulcers
         2.4. Other Ulcers
        3. Burns

  • 9.   Negative Pressure Wound Therapy Market, By End User Historical Analysis and Forecast 2024-2032 (USD Million)

    •   1. Hospital
        2. Home Care Settings
        3. Others

  • 10.   North America Negative Pressure Wound Therapy Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2018-2023
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2024-2032

  • 11.   Latin America Negative Pressure Wound Therapy Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2018-2023
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2024-2032

  • 12.   Europe Negative Pressure Wound Therapy Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2018-2023
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2024-2032

  • 13.   Asia Pacific Negative Pressure Wound Therapy Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2018-2023
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2024-2032

  • 14.   Middle East and Africa Market Analysis 2018-2023 and Forecast 2024-2032 (USD Million)

    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2018-2023
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2024-2032

  • 15.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 16.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)

    •   1. Acelity
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Smith and Nephew
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Mölnlycke Health Care AB
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Cardinal Health
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. ConvaTec
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. DeRoyal
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Lohmann and Rauscher
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Talley Group
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Medela
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. Genadyne
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview

  • 17.   Pre and Post COVID-19 Impact

    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the regulations initiated by healthcare
                  administrations
        5. The overall economic slowdown of the developing and developed nations

  • 18.   FutureWise SME Key Takeaway Points for Client

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