Single-Use Negative Pressure Wound Therapy Devices Market Growth, Development and Demand Forecast to 2030

From $770.2 million in 2020, the single-use negative-pressure wound therapy (NPWT) devices market revenue is predicted to surge with a CAGR of 8.1%, to reach $1,673.1 million by 2030. The primary factors driving the market are the increasing adoption of C-section surgeries and growing prevalence of diabetes. Diabetics frequently need dressing as they are prone to diabetic foot ulcers, which are now increasingly being treated with NPWT, instead of conventional wound care procedures.

Moreover, wounds in diabetic patients develop quickly and heal slowly. In 2020, according to the Centers for Disease Control and Prevention, more than 34.2 million people had diabetes in the U.S. The growing population of diabetic patients is rapidly driving the demand for wound management products, including single-use NPWT devices. Moreover, older people face changes in the skin with age, which increases the risk of skin damage and wounds. Thus, the increasing geriatric population is another major single-use NPWT devices market growth driver.

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The demand for these devices will also rise in the coming years due to the increasing prevalence of burns. The World Health Organization reported approximately 180,000 deaths due to burns in 2018. They are leading causes of disability-adjusted life years (DALY), which is used for determining the burden of the overall disease as the number of years lost due to ill health, early death, or disabilities. Burns cause some of the nastiest wounds, which are mostly untreatable with conventional therapies, thereby resulting in lifelong scars.

In this regard, another major growth driver for the single-use NPWT devices market is the rising number of road accidents. As per the WHO, these incidents lead to 1.3 million deaths each year, mostly in developing countries. While many die of the impact of the crash on the body itself, others slowly bleed to death, due to the lack of immediate wound care. In this regard, NPWT speeds up wound healing by sucking the exudate from the wound, instead of pressing on it.

Within the application segment of the single-use NPWT devices market, surgical wounds held the largest share in 2020. It is attributed to the surging volume of people with surgical wounds, itself due to the rising volume of surgeries. With the increasing prevalence of chronic diseases, consciousness on appearance, and rising number of people with physical injuries pushing up the footfall at operation rooms, the demand for single-use NPWT systems for treating surgical wounds continues to surge.

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Geographically, North America held the largest share in the market in 2020, and it is expected to maintain its dominance in the coming years. It will be because of the high healthcare spending and presence of a large number of medical device manufacturers in this region. The surging number of research and development studies in the area and increasing awareness on these devices also result in their high adoption in the region. Additionally, APAC will also witness growth in the single-use NPWT devices market, due to the booming geriatric population.

Thus, it can be said that the demand for single-use NPWT devices will increase in the coming years due to the surging cases of burns and growing prevalence of diabetes globally.

Browse more report:

Negative Pressure Wound Therapy Devices Market - https://www.psmarketresearch.com/press-release/npwt-market

Wound Care Market - https://www.psmarketresearch.com/press-release/wound-care-market

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