Press Release

Aug, 25 2023

Revolutionizing Healing, One Wound at a Time: Embrace the Power of Negative Pressure Wound Therapy Devices

NPWT devices offer effective wound management, faster healing, and reduced hospital stays, positively impacting patient outcomes. Technological advancements in NPWT systems and supportive government initiatives further boost market growth. Negative Pressure Wound Therapy involves the application of controlled negative pressure to a wound through a vacuum-sealed dressing or sponge. This technology promotes wound healing by removing excess fluid, reducing bacterial load, and stimulating tissue formation. Moreover, the adoption of NPWT in home care settings and the availability of user-friendly devices contribute to the market's positive trajectory in Europe.

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Data Bridge Market Research analyses that the Europe Negative Pressure Wound Therapy Devices Market is expected to reach a value of a CAGR of around 9.8% during the forecast period from 2022-2029. The rising incidence of chronic wounds, such as diabetic foot ulcers, pressure ulcers, and venous leg ulcers, in the aging European population has driven the demand for NPWT devices as an effective wound management solution.

Key Findings of the Study

Europe Negative Pressure Wound Therapy Devices Market

Rising awareness about advanced wound care is expected to drive the market's growth rate

The rising awareness about advanced wound care, particularly the benefits of negative pressure wound therapy (NPWT), has positively impacted its adoption in Europe. Healthcare providers and patients are increasingly recognizing the effectiveness of NPWT in promoting wound healing, reducing infection risks, and enhancing patient comfort. This heightened awareness has led to a higher demand for NPWT devices as an essential component of advanced wound management strategies. The growing appreciation of NPWT's advantages has resulted in improved patient outcomes and an elevated standard of wound care across the region.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014-2019)

Segments Covered

Product (Stand-Alone, Portable, Disposable), Type (Re-Usable Device, Single-Use Device), Wound (Surgical Wound, Diabetic Ulcers, Burn, Pressure Ulcers, Venous Ulcers, Others), End User (Hospitals, Wound Care Centers, Ambulatory Centers, Home Healthcare, Clinics, Community Centers), Distribution Channel (Direct Tenders, Retail), Application (Chronic Wounds and Acute Wounds)

Countries Covered

Germany, U.K., France, Spain, Italy, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest of Europe

Market Players Covered

3M (U.S.), Smith & Nephew (U.K.), ConvaTec Group plc (U.K.), Mölnlycke Health Care AB (Sweden), Cardinal Health (U.S.), Medela AG (Switzerland), ATMOS MedizinTechnik GmbH & Co. KG (Germany), Talley Group Ltd. (U.S.), DeRoyal Industries, Inc. (U.S.), Wuhan VSD Medical Science & Technology Co., Ltd. (China), Triage Meditech Pvt. Ltd. (India), SunMed Medical (U.S.), The Wound Vac Company, LLC. (U.S.), Lohmann & Rauscher (Germany), Genadyne (U.S.), PAUL HARTMANN (Germany)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Segment Analysis:

The Europe negative pressure wound therapy devices market is segmented on the basis of product, type, wound, end user, distribution channel, and application

  • On the basis of product, the negative pressure wound therapy devices market is segmented into stand-alone, portable, and disposable.
  • On the basis of type, the negative pressure wound therapy devices market is segmented into re-usable device and single-use device.
  • On the basis of wound, the negative pressure wound therapy devices market is segmented into surgical wound, diabetic ulcers, burn, pressure ulcers, venous ulcers, and others.
  • On the basis of end user, the negative pressure wound therapy devices market is segmented into hospitals, wound care centers, ambulatory centers, home healthcare, clinics, and community centers.
  • On the basis of distribution channel, the negative pressure wound therapy devices market is segmented into direct tenders and retail.
  • On the basis of application, the negative pressure wound therapy devices market is segmented into chronic wounds and acute wounds.

Major Players

Data Bridge Market Research recognizes the following companies as the major Europe negative pressure wound therapy devices market players in Europe negative pressure wound therapy devices market are DeRoyal Industries, Inc. (U.S.), Wuhan VSD Medical Science & Technology Co., Ltd. (China), Triage Meditech Pvt. Ltd. (India), SunMed Medical (U.S.), The Wound Vac Company, LLC. (U.S.), Lohmann & Rauscher (Germany)

Europe Negative Pressure Wound Therapy Devices Market

Market Developments

  • In 2020, ExtriCARE USA announced the launch of a new hybrid technology for negative pressure wound therapy as hNPWT. This new hybrid technology will positively disrupt the market and take the evolution of the NPWT technology to a new stage.
  • In 2020, Medela LLC announced that they received an innovative technology contract from Vizient, Inc. for their Invia, Liberty and Invia Motion Systems. Medela received this contract on the recommendation by hospital experts who are also a part of Vizient, Inc. member-led council.
  • In 2019, KCI Licensing, Inc announced that they have received a 510(k) clearance from the U.S. FDA for their product DERMATAC, a silicon-acrylic hybrid drape. This new technology is a part of KCIs existing negative pressure wound therapy systems.

Regional Analysis

Geographically, the countries covered in the Europe negative pressure wound therapy devices market report are Germany, U.K., France, Spain, Italy, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest of Europe

As per Data Bridge Market Research analysis:

The U.K. is the dominant region in Europe negative pressure wound therapy devices market during the forecast period 2022-2029

The U.K. dominates the negative pressure wound therapy (NPWT) market due to its advanced healthcare infrastructure and early adoption of innovative technologies. The increasing use of NPWT in wound management to enhance clinical outcomes, particularly in complex wounds, is a significant driver of market growth. The U.K.'s focus on improving patient care and outcomes through advanced wound care solutions, coupled with favorable reimbursement policies, is expected to fuel the market's expansion during the forecast period.

For more detailed information about the Europe negative pressure wound therapy devices market report, click here – https://www.databridgemarketresearch.com/reports/europe-negative-pressure-wound-therapy-devices-market


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