Negative Pressure Wound Therapy (NPWT) Devices Market Analysis 2016-2020

Negative pressure wound therapy is a topical wound management technique that involves the use of a vacuum pump to create a negative pressure at the wound site. Both chronic and acute wounds can be treated by applying sub-atmospheric pressure to the wound bed. NPWT wound dressing is unique and the ideal dressing would be non-adherent, antimicrobial, non-cytogenic and porous. The pump consists of an evacuation canister or exudate canister to collect fluids drawn from the wound. NPWT therapy is observed to provide a much quicker healing process by drawing out infectious necrotic material and toxins that might otherwise increase chances of unfavorable patient outcomes.

The global negative pressure wound therapy devices market was valued at US$ 1,227.0 million in 2015 and is forecast to grow to US$ 1,617.3 million by 2020 at a CAGR of 5.6% from 2016 to 2020.

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This report estimates the global negative pressure wound therapy market for various device types such as single-use pumps, portable pumps and stationary or conventional NPWT pumps. The estimates also include a volume analysis based on average global selling prices of pumps across all product segments. Single-use devices are anticipated to grow the fastest in terms of volume since they are more affordable and easy to use as compared to bulky stationary devices. The report also provides value and volume data for disposables such as foam & dressing kits and exudate canisters. The single-use devices are anticipated to be adopted greatly among homecare and self-care settings. Affordable rental and reimbursement for rental NPWT devices along with availability of single-use devices has propelled the homecare segment which is anticipated to grow the fastest with a CAGR of 7.1% between 2016 and 2020.

This report estimates the market for NPWT devices in six regions of North America, Europe, Asia-Pacific, Latin-America, Middle-East and Africa. North America continues to lead the combined NPWT pumps and disposables market and Asia-Pacific pegged as the fastest growing region with a CAGR of 6.0% from 2016 to 2020. The global negative pressure wound therapy devices market was valued at US$ 1,227.0 million in 2015 and is forecast to grow to US$ 1,617.3 million by 2020 at a CAGR of 5.6% from 2016 to 2020.

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