Press release
Accelerating Wound Healing: The Benefits and Functioning of Negative Pressure Wound Therapy Devices
Negative Pressure Wound Therapy (NPWT) devices are medical devices that are used to help heal certain types of wounds.They work by applying a vacuum, or negative pressure, to the wound bed through a sealed dressing. This creates a gentle suction that helps to remove excess fluid and promote healing.
According to the report, the global negative pressure wound therapy devices industry was estimated at $2.14 billion in 2020, and is expected to hit $3.34 billion by 2027, registering a CAGR of 5.7% from 2020 to 2027.
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The device consists of a wound dressing, a tubing system, and a vacuum pump. The dressing is placed over the wound, and the tubing is connected to the pump. The pump then creates a vacuum that draws fluid from the wound, which can help to reduce swelling and promote healing.
NPWT devices are often used for large, deep, or chronic wounds, such as those caused by surgery or injury. They can help to promote healing and prevent infection, and are often used in combination with other wound care treatments.
Overall, NPWT devices are an important tool in modern wound care, and can help patients recover more quickly and effectively from a wide range of injuries and surgeries.
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COVID-19 scenario-
The outbreak of the pandemic has made people more cautious about several health measures. And, growing prevalence of chronic diseases such as diabetes & obesity and mounting use of single use devices have boosted the negative pressure wound therapy devices market.
Still, disruptions in the supply chain are likely to hamper the market to certain extent.
However, the industry is quite likely to benefit from the growing awareness about healthcare.
Rapidly aging population, increase in incidences of chronic conditions, technological advancements in NPWT devices to deal with complex wounds, and surge in awareness to reduce healthcare costs drive the growth of the global negative pressure wound therapy devices market. On the other hand, complications related to NPWT impede the growth to some extent. However, increased focus toward advanced treatment protocols and significant unmet needs in wound care are expected to create multiple opportunities in the industry.
Negative Pressure Wound Therapy (NPWT) devices are used in the medical field, particularly in the area of wound care. They are used to treat a variety of wounds, including:
Surgical wounds - after surgery, especially in cases where there is a high risk of infection or complications.
Chronic wounds - such as diabetic foot ulcers or pressure ulcers, which can be difficult to heal.
Traumatic wounds - such as those caused by accidents, burns, or other injuries.
Acute wounds - such as those caused by incisions or punctures.
NPWT devices can be used in a variety of healthcare settings, including hospitals, clinics, and long-term care facilities. They may also be used in home healthcare settings, under the guidance of a healthcare professional.
Overall, NPWT devices are a valuable tool in the management of a wide range of wounds, and can help to promote faster healing and better outcomes for patients.
Based on region, North America garnered the major share in 2019, holding around two-fifths of the global negative pressure wound therapy devices market. This is due to the presence of key players in the region, easy availability of NPWT devices, surge in prevalence of medical conditions leading to acute and chronic wounds, and rise in launch of new and advanced products. Simultaneously, the Asia-Pacific region would portray the fastest CAGR of 7.9% till 2027. This is attributed to factors such as surge in adoption of NPWT devices and rise in healthcare expenditure.
Key players in the industry-
ATMOS MedizinTechnik GmbH & Co. KG
Talley group Ltd.
Cardinal Health.
Smith & Nephew Plc.
DeRoyal Industries, Inc.
Devon International Group,
3M (Acelity L.P. Inc.,)
Investor AB (Mölnlycke Health Care AB)
ConvaTec Group Plc.
Olle Larsson Holding AG (Medela AG)
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