Pharmaceutical Industry Today

Single-Use Negative Pressure Wound Therapy Devices Market to reach US$ 892.32 million by 2028 - Carilex Medical, H and R Healthcare, Genadyne Biotechnologies

The single-use negative pressure wound therapy devices market was valued at US$ 462.05 million in 2020, and it is projected to reach US$ 892.32 million by 2028; it is expected to grow at a CAGR of 8.7% from 2021 to 2028.
Published 03 May 2021

Negative pressure wound therapy (NPWT) is used for managing a wide range of wound types, including traumatic, hard-to-heal, and chronic wounds. It is also used to manage wounds that are covered with flaps or a skin graft. NPWT  is transformed into a medical device such as a single-use NPWT device, and it is a small pocket-sized battery-operated device. As the name suggests, these are disposable and portable devices generally used for outpatient care.

The single-use negative pressure wound therapy devices market is segmented on the basis of wound type, end user, and geography. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the single-use negative pressure wound therapy devices market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world. It also includes COVID-19 impact analysis across all the regions. It is estimated that the market is likely to grow at a steadily increasing rate during the forecast period owing to the need of single-use negative pressure wound therapy devices to treat acute and chronic wounds occurred during the COVID-19 treatment.

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Prominent players operating in single-use negative pressure wound therapy devices market include Cardinal Health Inc; ConvaTec Group Plc; Carilex Medical; Genadyne Biotechnologies, Inc.; H and R Healthcare; Lohmann & Rauscher GmbH & Co. KG; Medela AG; Mölnlycke Health Care AB; Paul Hartmann Ag; and Smith & Nephew plc.

The companies have maximized their growth with several organic strategies to enhance the market value and maintain position in the market. For instance, in March 2020, Smith & Nephew launched its new PICO 14 Single Use Negative Pressure Wound Therapy System. It has a pump duration of up to 14 days. The pump is based on previous PICO sNPWT variants' innovations and advantages. The pump is so enhanced that it requires less user intervention. Such constant developments in the existing products are required to offer efficient product quality and services for improving patient’s health.

In terms of wound type, the single-use negative pressure wound therapy devices market is segmented into traumatic, surgical, venous leg ulcers, diabetic foot, sports injuries, and others. In 2020, the traumatic segment accounted for the highest share of the market. It is estimated to dominate the market during the forecast period. The growth of the market is attributed to factors such as increasing rate of road accidents, rising innovations in wound care products, increasing R&D activities, rising advancements in the field of wound care research, and increasing awareness about wound care treatment & management.

The report segments the global single-use negative pressure wound therapy devices market as follows:

By Wound Type

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

By End User

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