Global Negative Pressure Wound Therapy Market Size & Outlook
Global negative pressure wound therapy market, 2018-2030 (US$M)
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Global negative pressure wound therapy market highlights
- The global negative pressure wound therapy market generated a revenue of USD 2,488.2 million in 2023 and is expected to reach USD 3,872.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.5% by 2030.
- In terms of segment, conventional npwt devices accounted for a revenue of USD 2,095.3 million in 2023.
- Single-Use NPWT Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,488.2 million |
| Market revenue in 2030 | USD 3,872.8 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Conventional npwt devices |
| Fastest growing segment | Single-Use NPWT Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional NPWT Devices, Single-Use NPWT Devices, NPWT Accessories |
Other key industry trends
- In terms of revenue, the North America accounted for 44.4% of the global negative pressure wound therapy market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Denmark is the fastest growing regional market and is projected to reach USD 33.5 million by 2030.
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Negative Pressure Wound Therapy Market Scope
Negative Pressure Wound Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global negative pressure wound therapy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to negative pressure wound therapy market will help companies and investors design strategic landscapes.
Conventional npwt devices was the largest segment with a revenue share of 84.21% in 2023. Horizon Databook has segmented the Global negative pressure wound therapy market based on conventional npwt devices, single-use npwt devices, npwt accessories covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Negative Pressure Wound Therapy Product Outlook (Revenue, USD Million, 2018-2030)
- Conventional NPWT Devices
- Single-Use NPWT Devices
- NPWT Accessories
- Global Negative Pressure Wound Therapy End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospital
- Specialty Clinics
- Home Healthcare
- Other End Use
- Global Negative Pressure Wound Therapy Wound Type Outlook (Revenue, USD Million, 2018-2030)
- Acute Wounds
- Surgical & Traumatic Wounds
- Burns
- Chronic Wounds
- Diabetic Foot Ulcers
- Pressure Ulcers
- Venous Leg Ulcers
- Other Chronic Wounds
- Acute Wounds
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Horizon Databook provides a detailed overview of global-level data and insights on the Global negative pressure wound therapy market , including forecasts for subscribers. This global databook contains high-level insights into Global negative pressure wound therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global negative pressure wound therapy market size, by regions, 2018-2030 (US$M)
Top 10 countries: Negative pressure wound therapy market size, 2023 (US$M)
Global negative pressure wound therapy market share, by product, 2023 & 2030 (%, US$M)
Negative pressure wound therapy market: Opportunity assessment by country
Global negative pressure wound therapy market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 883.2 | 918.9 | 958.1 | 921.0 | 1,050.4 | 1,104.6 | 1,164.0 | 1,229.1 | 1,300.6 | 1,379.2 | 1,465.6 | 1,560.6 | 1,665.3 | 6.0% |
| Europe | 517.4 | 541.3 | 567.6 | 548.8 | 629.5 | 665.8 | 705.7 | 749.5 | 797.8 | 850.9 | 909.5 | 974.2 | 1,045.7 | 6.7% |
| Asia Pacific | 301.6 | 319.8 | 339.7 | 332.6 | 386.3 | 413.7 | 443.8 | 477.0 | 513.8 | 554.4 | 599.4 | 649.4 | 704.9 | 7.9% |
| Latin America | 149.3 | 155.0 | 161.3 | 154.8 | 176.2 | 185.0 | 194.5 | 205.0 | 216.5 | 229.1 | 243.0 | 258.2 | 275.0 | 5.8% |
| MEA | 94.5 | 98.5 | 102.9 | 99.1 | 113.2 | 119.2 | 125.9 | 133.1 | 141.1 | 149.9 | 159.6 | 170.3 | 182.0 | 6.2% |
| Overall | 1,946.0 | 2,033.5 | 2,129.6 | 2,056.3 | 2,355.7 | 2,488.2 | 2,633.8 | 2,793.8 | 2,969.8 | 3,163.6 | 3,377.1 | 3,612.7 | 3,872.8 | 6.5% |
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