Global Vacuum Therapy Devices Market Size & Outlook
The vacuum therapy devices industry worldwide is expected to reach a projected revenue of US$ 2,526.6 million by 2030. A compound annual growth rate of 3.9% is expected of the worldwide vacuum therapy devices industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,939.4
Forecast, 2030 (US$M)
$2,526.6
CAGR, 2024 - 2030
3.9%
Report Coverage
Worldwide
Global vacuum therapy devices market, 2018-2030 (US$M)
Global vacuum therapy devices market highlights
- The global vacuum therapy devices market generated a revenue of USD 1,939.4 million in 2023 and is expected to reach USD 2,526.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.9% by 2030.
- In terms of segment, negative pressure wound therapy accounted for a revenue of USD 1,939.4 million in 2023.
- Negative Pressure Wound Therapy 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.
Global data book summary
| Market revenue in 2023 | USD 1,939.4 million |
| Market revenue in 2030 | USD 2,526.6 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Negative pressure wound therapy |
| Fastest growing segment | Negative Pressure Wound Therapy |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Negative Pressure Wound Therapy |
Other key industry trends
- In terms of revenue, the North America accounted for 39.5% of the global vacuum therapy devices market in 2023.
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Vacuum Therapy Devices Market Scope
Vacuum therapy devices market segmentation & scope
Application
Chronic wounds
Acute Wounds
Erectile Dysfunction
Type
Non-Portable Vacuum Therapy Devices
Portable Vacuum Therapy Devices
End Use
Hospitals
Clinics
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Vacuum Therapy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global vacuum therapy devices market size, by regions, 2018-2030 (US$M)
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