Global Negative Pressure Wound Therapy (NPWT) Devices Market, By Device Type(Standalone Devices, Single-use Devices, Portable Devices, and Accessories), Application(Diabetic Foot Ulcers, Venous Leg Ulcers, Pressure Ulcers, Burn Wounds), and Geography - Trends, Analysis, Size & Forecast till 2024

Negative Pressure Wound Therapy Devices – A Panacea for High-risk Wounds

Following a surgery, incisions are usually closed using sutures, staples or adhesives. However, in case of chronic wounds, where the risk of infection is high, wound may be left open to heal from ‘bottom-to-top’. In such cases, treatment options include wound dressings and use of negative pressure wound therapy (NPWT) devices. NPWT removes tissue fluid and any debris from the wound, and tightly covers the wound with the dressing. This therapy is touted to provide early recovery and relief from pain. Increasing awareness and availability of reimbursement has been the major driving factors for adoption of NPWT devices especially in developed economies such as the U.S., Canada, Germany, Netherlands, Sweden, and Switzerland.

The Centers for Medicare and Medicaid Services (CMS) amended the reimbursement law for NPWT device effective January 2017. According to the new guidelines, the insurance coverage of NPWT device and service has been shifted from Home Health Prospective Payment System (HH PPS) to the Medicare Hospital Outpatient Prospective Payment System (OPPS). Moreover, the World Health organization (WHO) announced a new guideline for treatment of surgical site infections in November 2016. According to this guideline, the WHO recommends the use of prophylactic negative pressure wound therapy devices (NPWT) in closed surgical incisions in high-risk wounds. This is expected to support the growth of global negative pressure wound therapy devices market in near future.

The global negative pressure wound therapy devices market was valued at US$ 1,626.3 million in 2015 and is expected to expand at a CAGR of 5.5% during the forecast period (2016 – 2024).

Figure 1. Global Negative Pressure Wound Therapy Devices Market Size and Forecast, US$ Million and Y-o-Y Growth (%), 2014–2024

Negative Pressure Wound Therapy Devices Market

Source: Coherent Market Insights Analysis (2017)

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Increasing prevalence of chronic wounds to fuel the demand in global negative pressure wound therapy devices market

According to the American Diabetes Association (ADA), diabetic foot ulcers costs the public and private payers in the U.S. US$ 9 billion – US$ 13 billion annually, in addition to diabetes treatment costs. Moreover, a study published by the ADA in 2014 found that the incidence of diabetic foot ulcers in the U.S. was 3.8% among the Medicare insured diabetic patients and 5.0% among privately insured diabetic patients. A study published in the Indian Journal of Health Sciences and Biomedical Research in 2015 revealed the prevalence of foot ulcers among diabetic patients in India to be 3%. With over 420 million diabetic patients globally (WHO, 2016), prevalence of 3% - 5% amounts to a sizeable population, highlighting the underlying potential of NPWT devices.

Prevalence of leg ulcers and other chronic wounds increases with age. Though prevalence of venous leg ulcer is less, cost of treatment remains a burden on the economy. For instance, prevalence of venous leg ulcers in the U.K. is 0.1%-0.3% in the U.K. (Patient Platform Limited); however, treatment costs add up to US$ 506 – US$ 760 million (£400 million – £600 million) annually.

Use of NPWT can greatly reduce the cost of treatment of chronic wounds, as the frequency of change in dressings reduces and also the device can serve for up to a month of therapy duration. This would favor the negative pressure wound therapy devices market growth in near future.

Utilization of new technologies to improve clinical outcomes to favor the manufacturers in the global negative pressure wound therapy devices market

Connate Group plc, launched Avelle system, its first NPWT device, in August 2016. This device is based on a proprietary AQUACEL technology that prevents periwound maceration and is a canister-less disposable system with a 30 day usability period. Smith & Nephew plc, received the 2016 French Galien award for its PICO NPWT device. PICO being a single-use NPWT device, significantly reduces overall cost of treatment and the care needed for individual patients with chronic wound compared to conventional wound therapies (sutures, dressings, etc.). Such technologies with improved patient outcomes provides a competitive advantage to marketers of NPWT device and gain share in the global negative pressure wound therapy devices market.

Treatment options for wounds includes application of topical medication, sutures, staples, adhesives, compression therapy, hyperbaric oxygen therapy, biological dressings, and negative pressure wound therapy (NPWT). Negative pressure wound therapy, also called vacuum-assisted wound closure, has gained significant traction over the last decade as it is equally effective in acute and chronic wounds. NPWT is a relatively non-invasive wound therapy and offers various pips other conventional treatment options by facilitating better healing, shorter hospital stay, and fewer wound infections.

Market Dynamics

The primary benefits of NPWT such as elimination of edema, providing a moist wound-healing environment, and stimulating angiogenesis and blood flow to the wound is increasing its uptake. Moreover, the new guidelines outlined by the World Health Organization (WHO) in November 2016, recommends use of NPWT in closed-surgical incision in order to reduce risk of surgical site infection. The guidelines also recommends use of portable NPWT devices. Furthermore, increasing prevalence of diabetes (422 million sufferers until 2014, WHO) and increasing number of medical surgeries (312.9 million in 2012, WHO) is expected to drive the market for NPWT globally.

Market Taxonomy

This report segments the global negative pressure wound therapy devices market on the basis of device type, application, and geography. On the basis of device type, the market is segmented into standalone devices, single-use devices, portable devices, and accessories. Applications of NPWT devices covered as part of the report are diabetic foot ulcers, venous leg ulcers, pressure ulcers, burn wounds, and others. For comprehensive understanding of market dynamics, the global negative pressure wound therapy devices market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Key features of the study:

  • This report provides in-depth analysis of the negative pressure wound therapy devices and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2016 – 2024, considering 2015 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global negative pressure wound therapy devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
  • Key companies covered as a part of this study include Smith & Nephew plc, Devon Medical, Paul Hartmann AG, Talley Group Limited, Coloplast A/S, ConvaTec Inc., Molnlycke Health Care AB, Medela AG, Kinetic Concepts, Inc., and Cardinal Health, Inc.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, technology upgrades, market expansion, and marketing tactics
  • The global negative pressure wound therapy devices market report caters to various stakeholders in this industry, including investors, device manufacturers, distributors and suppliers for negative pressure wound therapy (NPWT) devices, research and consulting firms, new entrants, and financial analysts
  • Various strategy matrices used in analyzing the negative pressure wound therapy devices market would provide stakeholders vital inputs to make strategic decisions accordingly

Detailed Segmentation:

  • Global Negative Pressure Wound Therapy (NPWT) Devices Market, By Device Type:
    • Standalone Devices
    • Single-use Devices
    • Portable Devices
    • Accessories
  • Global Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
    • Diabetic Foot Ulcers
    • Venous Leg Ulcers
    • Pressure Ulcers
    • Burn Wounds
    • Others
  • Global Negative Pressure Wound Therapy (NPWT)  Devices Market, By Geography:
    • North America
      • U.S.
        • U.S. Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable
          • Accessories
        • U.S. Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Canada
        • Canada Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Canada Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
    • Europe
      • U.K.
        • U.K. Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • U.K. Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Germany
        • Germany Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Germany Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Italy
        • Italy Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Italy Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • France
        • France Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • France Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Spain
        • Spain Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Spain Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Russia
        • Russia Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Russia Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Rest of Europe
        • Rest of Europe Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Rest of Europe Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
    • Asia-Pacific
      • China
        • China Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • China Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • India
        • India Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • India Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Japan
        • Japan Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Japan Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • ASEAN
        • ASEAN Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • ASEAN Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Australia
        • Australia Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Australia Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • South Korea
        • South Korea Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • South Korea Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Rest of Asia Pacific (APAC)
        • Rest of APAC Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Rest of APAC Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
    • Latin America
      • Brazil
        • Brazil Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Brazil Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Mexico
        • Mexico Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Mexico Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Argentina
        • Argentina Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Argentina Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Rest of Latin America
        • Rest of Latin America Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Rest of Latin America Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
    • Middle East
      • GCC
        • GCC Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • GCC Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Israel
        • Israel Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Israel Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Rest of Middle east
        • Rest of Middle East Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Rest of Middle East Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
    • Africa
      • North Africa
        • North Africa Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • North Africa Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • Central Africa
        • Central Africa Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • Central Africa Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
      • South Africa
        • South Africa Negative Pressure Wound Therapy (NPWT)  Devices Market, By Device Type:
          • Standalone Devices
          • Single-use Devices
          • Portable Devices
          • Accessories
        • South Africa Negative Pressure Wound Therapy (NPWT)  Devices Market, By Application:
          • Diabetic Foot Ulcers
          • Venous Leg Ulcers
          • Pressure Ulcers
          • Burn Wounds
          • Others
  • Company Profiles
    • Smith & Nephew plc*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Devon Medical
    • Paul Hartmann AG
    • Coloplast A/S
    • ConvaTec Inc.
    • Molnlycke Health Care AB
    • Medela AG
    • Kinetic Concepts, Inc.
    • Cardinal Health, Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet By Device Type
      • Market Snippet By Application
      • Market Snippet By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Epidemiology/Prevalence/Incidence
      • Merger and Acquisitions
      • New Product Approvals/Launch
  4. Global Negative Pressure Wound Therapy Devices Market, By Device Type, 2014 - 2024 (US$ Million)
    • Introduction
      • Market Share Analysis, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, 2014 - 2024
      • Segment Trends
    • Standalone Devices
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
    • Single-use Devices
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
    • Portable Devices
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
    • Accessories
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
  5. Global Negative Pressure Wound Therapy Devices Market, By Application, 2014 - 2024 (USD Million)
    • Introduction
      • Market Share Analysis, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, 2014 - 2024
      • Segment Trends
    • Diabetic Foot Ulcers
      • Introduction
      • Market Share Analysis, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, 2014 - 2024
    • Venous Leg Ulcers
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
    • Pressure Ulcers
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
    • Burn Wounds
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (US$ Million)
  6. Global Negative Pressure Wound Therapy Devices Market, By Regions, 2014 - 2024 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, For Regions, 2014 - 2024
    • North America
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2014 - 2024
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
    • Europe
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2014 - 2024
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • France
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Others
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2014 - 2024
        • China
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Others
          • Country Trends
          • Market Size and Forecast, By Product, 2014 - 2024 Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
    • Latin America
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2014 - 2024
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product, 2014 - 2024 Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Others
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
    • Africa
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2014 - 2024
        • Northern Africa
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
    • Middle East
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2014 - 2024
        • GCC Countries
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Device Type, 2014 - 2024 (US$ Million)
          • Market Size and Forecast, By Application, 2014 - 2024 (US$ Million)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
    • Company Profiles
      • Smith & Nephew plc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Devon Medical
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Paul Hartmann AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Coloplast A/S
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • ConvaTec Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Molnlycke Health Care AB
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Medela AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Kinetic Concepts, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Cardinal Health, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 80 market data tables and 32 figures on "Negative Pressure Wound Therapy Devices Market - Global forecast to 2024”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.