NPWT Device and Dressing Market

NPWT Device and Dressing Market Outlook (2024 to 2034)

The global NPWT device and dressing market is estimated to reach US$ 3.15 billion in 2024 and thereafter increase at a CAGR of 7.1% to climb to a value of US$ 6.26 billion by the end of 2034.

Negative pressure wound therapy is used to address acute and chronic wounds. The vacuum source of an NPWT device generates constant negative pressure within the wound to remove fluid and infectious materials. This promotes faster healing with fewer infections. The NPWT method requires a healthcare provider to fit layers of foam dressing precisely to the wound's contours. The wound is sealed with a film that includes a tube attachment point. This tube connects to a canister for fluid collection and a vacuum pump.

Vacuum pumps can be set to run continuously or start and stop regularly, effectively removing fluid and infection from the wound, drawing its margins together, and promoting the formation of new tissue to aid in healing. If necessary, antibiotics and saline can be injected into the wound. Sales of NPWT devices are complemented by wound care biologics and wound healing films.

Key Market Growth Drivers

• The market for negative pressure wound therapy devices is projected to grow at a significant pace due to factors such as the development of new therapeutic products, the emergence of patient-assisted therapies, the rising incidence and prevalence of diabetes, which can result in ulcers and sores, and the combined efforts of wound management companies to innovate or develop new efficient products in the administration of open and chronic wounds.
• Technological advancements in NPWT, such as the development of portable and user-friendly devices, are driving NPWT device and dressing market growth.
• During treatment, these devices provide patients with improved mobility and convenience. The market is expanding due in part to the increasing use of NPWT as a preferred wound-healing therapy by medical professionals.
• Rising awareness about the benefits of NPWT devices and dressings among patients, healthcare providers, and authorities across the globe is projected to further boost market growth.
• Factors such as the growing incidence of chronic wounds, improvements in technology, raised awareness, and helpful reimbursement policies are projected to fuel market expansion and create opportunities for manufacturers.

Report Attributes	Details
NPWT Device and Dressing Market Size (2024E)	US$ 3.15 Billion
Forecasted Market Value (2034F)	US$ 6.26 Billion
Global Market Growth Rate (2024 to 2034)	7.1% CAGR
East Asia Market Share (2024E)	11.8%
North America Market Share (2024E)	54.9%
Sales of NPWT Dressings (2024E)	US$ 1.69 Billion
Key Companies Profiled	Acelity (Kinetic Concepts, Inc.) Molnlycke Health Care Medela Avery Dennison Corporation Cardinal Health Smith & Nephew, Inc. Paul Hartmann Lohmann & Rauscher DeRoyal

Why Use of NPWT Device and Dressing Market Rise at a Fast PACE?

“Rising Incidence of Chronic Lower Extremity Ulcers”

The rising incidence of chronic lower extremity ulcers in the global population is the main factor contributing to the expansion of the NPWT device and dressing market size. Over the next 10 years, such diseases are projected to increase in number at a significant rate. This is projected to result in a rise in demand for affordable treatments to manage these wounds. Moreover, the cost of NPWT has decreased as a result of the creation of disposable, lower-profile devices. As a result, NPWT devices are projected to be more widely used in developing countries.

“Integration of Connectivity Features in NPWT Devices Improving Progress Monitoring”

Effectiveness and patient compliance associated with NPWT is being improved by technological advancements in NPWT devices. Improved design, portability, and connectivity are propelling their adoption in a variety of healthcare settings. There has been a rise in the use of NPWT as a result of increased understanding among medical professionals, patients, and caregivers regarding the treatment's potential to improve wound healing and reduce complications.

What are the Factors Hindering NPWT Device and Dressing Market Expansion?

“High Cost of NPWT Devices and Insufficient Infrastructure in Developing Nations”

High cost of NPWT devices and dressings is a major hindrance to their adoption. Healthcare facilities with budget constraints find the equipment's initial purchase price and the continued expenses for dressings and canisters prohibitive. Efforts are being made to lower the total cost of treatment with negotiations for reimbursement and competitive pricing to boost adoption.

Access to NPWT devices and qualified wound care professionals is still limited in developing nations, mostly because of insufficient infrastructure and budgetary constraints. These areas have low healthcare resources, a lack of awareness, and problems with affordability that limit the market's potential for growth.

Country-wise Insights

North America is leading the world in revenue contribution and is a mature market due to the widespread adoption of NPWT devices. North America will hold a significant share of 54.9% in 2024. Growing prevalence of chronic wounds in developing countries like India is also driving the growth of the market.

• According to NCBI, over 60% of the people who have diabetes worldwide live in Asian nations. Therefore, the demand for NPWT dressing kits and devices is significantly increasing in this region.

How is the NPWT Device and Dressing Market Faring in the United States?

“Market Benefitting from Enhanced Access to Affordable NPWT Devices”

Attribute	United States
Market Value (2024E)	US$ 1.62 Billion
Growth Rate (2024 to 2034)	7.3% CAGR
Projected Value (2034F)	US$ 3.27 Billion

The United States occupies a leading NPWT device and dressing market share in North America. This can be due to several factors, including the existence of a solid healthcare system, the rise in the frequency of chronic wounds, advantageous reimbursement practices, and the widespread use of cutting-edge medical technology. Another significant factor driving the adoption of these devices in the country is the accessibility of affordable NPWT devices. Manufacturers' ongoing innovation is projected to keep attracting investors to the United States.

Why is Market for NPWT Devices and Dressings Exhibiting an Upward Trend in China?

“Rising Adoption of NPWT in Home-care Settings and Government-backed Wound Care Initiatives”

Attribute	China
Market Value (2024E)	US$ 159 Million
Growth Rate (2024 to 2034)	8.1% CAGR
Projected Value (2034F)	US$ 346 Million

The market in China is projected to expand at a significant pace during the forecast period due to increasing demand for portable devices and the growing popularity of home care settings in the country. The government-backed initiative for wound care in China is another factor that is projected to propel sales of NPWT devices. Also, rising cases of diabetes in China and the susceptibility of this patient pool to wounds are driving market growth.

Category-wise Insights

The global market for NPWT devices and dressings is divided into home care settings, hospitals, and clinics by end user. Hospitals are key players accounting for 42.6% of the market share. Home-care settings are gaining popularity among many consumers accounting for 38.3% of the market share due to the rise in the frequency of age-related illnesses, increase in disposable and single-use product demand, and rising cost of healthcare. These are also major NPWT device and dressing market trends.

What are the Elements Contributing to High Demand for Chronic Wound Care?

“Growing Prevalence of Wounds Associated with Diabetes and Obesity”

Attribute	Chronic Wounds
Segment Value (2024E)	US$ 2.06 Billion
Growth Rate (2024 to 2034)	7.2% CAGR
Projected Value (2034F)	US$ 4.13 Billion

Chronic wounds account for 65.7% of the market share by wound type. Market growth is being driven by the rising prevalence of chronic wounds, including diabetic foot ulcers and pressure ulcers, which are caused by factors such as the rising aging population and an increasing incidence of chronic diseases such as diabetes and obesity. All of these factors call for advanced wound care solutions.

Why are NPWT Devices and Dressings Widely Used in Hospital Settings?

“Availability of Advanced Technology and Facilities for Patients with Chronic Wounds”

Attribute	Hospitals
Segment Value (2024E)	US$ 1.34 Billion
Growth Rate (2024 to 2034)	6.7% CAGR
Projected Value (2034F)	US$ 2.56 Billion

Hospitals, equipped with advanced technology and facilities, attract more patients. Their comprehensive services make them preferable over clinics. Ambulatory centers, though available, are costlier, influencing people's choice of hospitals for treatment. While home care settings gain popularity, severe and chronic wounds often require extensive professional care, driving demand for NPWT devices and dressings, primarily in hospital settings.

Competitive Landscape

Key players in the NPWT device and dressing industry are Acelity Inc., Molnlycke Health Care, Medela, Avery Dennison Corporation, Cardinal Health, Smith & Nephew, Inc., Paul Hartmann, Lohmann & Rauscher, and DeRoyal.

• Researchers from the University of Sheffield and the University of South Australia in March 2024 have invented a therapy in which a special combination of distinct chemical oxidants is used to plasma-activate hydrogel dressings, which are frequently used as wound dressings. This process effectively decontaminates and promotes healing in chronic wounds.

Segmentation of NPWT Device and Dressing Market Research

• By Product Type :

  • NPWT Devices
  • NPWT Dressing Kits

• By Application :

  • Chronic Wounds
  • Acute Wounds

• By End User :

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Home Care Settings

• By Region :

  • North America
  • Europe
  • Latin America
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa