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Single-use Negative Pressure Wound Therapy (NPWT) Device Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 347 | Report ID: MRS1153


Report Description

The global Single-use Negative Pressure Wound Therapy (NPWT) Device market size is estimated at USD 710.4 million in 2020, expanding at a CAGR 8.8% from 2021-2027 to reach 1,809.1 million USD in 2027.

Market Dynamics

Negative pressure wound therapy (NPWT) is utilized to treat a variety of wounds, particularly traumatic, difficult-to-heal, and chronic lacerations. It is often used to treat injuries that have flaps or even a skin transplant covering them. The NPWT is converted into a healthcare gadget, including a single-use NPWT gadget, which is a compact pocket-sized battery-powered gadget. These are temporary and transportable gadgets that are typically used for outpatient treatment, as the name implies.

In comparison to typical instruments, these gadgets are disposable, mobile, and extremely cost-effective. They may therefore be used to provide medicine at home, avoiding the need for lengthy hospital visits. Aside from that, the manufacture of multi-wound NPWT gadgets, as well as the advancement of variable pressure management and leakage detection system, are all adding to industry expansion. Additional factors, such as improved healthcare facilities and intensive research & innovation are expected to boost the market even more.

Regional Insights

North America dominated the marketplace for single-use NPWT gadgets and it is likely to continue to do so during the projected timeframe. This is due to the existence of a large variety of industry participants, high medical expenditure, and an increase in the frequency of r&d. (R&D) projects in the area. Furthermore, people in the area are considerably greater conscious of these devices than people in other parts of the world, leading to a high prevalence of single-use NPWT gadgets.

APAC is predicted to have the fastest development in the industry. This is mostly due to the growing elderly population, an increase in the number of instances of burns and severe wounds, and a big populace. Furthermore, governments' increased attention to the healthcare sector in consideration of COVID-19 might aid the region's rapid growth.

Segment Insights

There are two types of Single-use NPWT devices: wound type and end-use. In terms of Wound Type, the traumatic category accounted for the lion's portion of the industry. Throughout the projected term, the segment is predicted to increase at the quickest rate. The growing prevalence of road injuries, increasing developments in wound care solutions, growing R&D efforts, rising developments in the domain of wound care studies, and rising knowledge regarding wound care management and treatment are all factors driving market expansion.

The hospital sector accounted for the lion's portion of the industry in terms of End-Use. Furthermore, due to the introduction of new technologies for single-use negative pressure wound treatment equipment, the hospital's sector is predicted to increase at the quickest rate throughout the forecast timeframe.

Competitive Insights

Among the primary factors ascribed to these competitors' leadership in the NPWT industry include a strong brand image, broad device, and robust marketing infrastructure in developed nations. Along with a robust distribution system, these main firms are focusing on acquisitions and the marketplace introduction of upgraded NPWT. For example, 3M's latest purchase of KCI Licensing, Inc. as well as Smith & Nephew's introduction of PICO 7 has aided them in strengthening their standing in the worldwide marketplace.

The report begins with an overview of the Industry Chain structure, describes the industry environment, then analyses the market size and forecast of Single-use Negative Pressure Wound Therapy (NPWT) Devices by End-Use, region, and Wound Type. In addition, this report introduces the market competition situation among the vendors, and the company profile, besides, market price analysis, and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Product etc.):

  • Cardinal Health Inc.
  • ConvaTec Group Plc
  • Acelity L.P. Inc.
  • Cardinal Health Inc.
  • Carilex Medical
  • ConvaTec Group plc
  • Devon International Group
  • Genadyne Biotechnologies Inc.
  • H and R Healthcare
  • Lohmann & Rauscher GmbH & Co. KG
  • Medela AG
  • Mölnlycke Health Care AB
  • Paul Hartmann Ag
  • Smith & Nephew plc
  • Talley Group Limited
  • TRIAGE MEDITECH PVT. LTD

Wound Type Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Sports Injuries
  • Traumatic
  • Diabetic Foot
  • Surgical
  • Venous Leg Ulcers
  • Others

End-Use Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Clinics
  • Hospitals
  • Ambulatory Surgical Centers (ASCs)
  • Others

Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)

Frequently Asked Questions

The global Single-use Negative Pressure Wound Therapy (NPWT) Device market size is estimated at USD 710.4 million in 2020, expanding at a CAGR 8.8% from 2021-2027 to reach 1,809.1 million USD in 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global Single-use Negative Pressure Wound Therapy (NPWT) Device market size is expanding at a CAGR 8.8% from 2021-2027 to reach 1,809.1 million USD in 2027.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
Among the primary factors ascribed to these competitors' leadership in the NPWT industry include a strong brand image, broad device, and a robust marketing infrastructure in developed nations. Along with a robust distribution system, these main firms are focusing on acquisitions and the marketplace introduction of upgraded NPWT. For example, 3M's latest purchase of KCI Licensing, Inc. as well as Smith & Nephew's introduction of PICO 7 has aided them in strengthening their standing in the worldwide marketplace.

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