Europe Negative Pressure Wound Therapy Devices Market, By 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), Country (Germany, U.K., France, Spain, Italy, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest of Europe), Industry Trends and Forecast to 2029
Market Analysis and Insights Europe Negative Pressure Wound Therapy Devices Market
The negative pressure wound therapy devices market is expected to witness market growth at a rate of 9.8% in the forecast period of 2022 to 2029. Data Bridge Market Research report on negative pressure wound therapy devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the geriatric population is escalating the growth of negative pressure wound therapy devices market.
Negative pressure wound therapy (NPWT) is also known as vacuum-assisted wound closure which refers to wound dressing systems that intermittently or continuously apply sub-atmospheric pressure to the system that provides a positive pressure to the surface of a wound.
Major factors that are expected to boost the growth of the negative pressure wound therapy devices market in the forecast period are the rise in the incidence of chronic diseases, increased number of surgical procedures and increased rate of caesarean sections in elderly mothers. Furthermore, increase in the expenditure on chronic and surgical wounds is further anticipated to propel the growth of the negative pressure wound therapy devices market. Moreover, the growing initiatives by the government to avoid SSIs and suitable reimbursement is further estimated to cushion the negative pressure wound therapy devices market. On the other hand, the growing cost of NPWT devices and decrease in the adoption and problems and dangers related to the utilization of NPWT devices is further projected to impede the growth of the negative pressure wound therapy devices market in the timeline period.
In addition, the increasing development potential in the advancing countries and modernization in the healthcare industry will further provide potential opportunities for the growth of the negative pressure wound therapy devices market in the coming years. However, the strict regulatory policies might further challenge the growth of the negative pressure wound therapy devices market in the near future.
This negative pressure wound therapy devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the negative pressure wound therapy devices market, contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.
Europe Negative Pressure Wound Therapy Devices Market Scope and Market Size
The negative pressure wound therapy devices market is segmented on the basis of product, type, wound, end user, distribution channel and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
- 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.
Negative Pressure Wound Therapy Devices Market Country Level Analysis
The negative pressure wound therapy devices market is analysed, and market size insights and trends are provided by country, product, type, wound, end user, distribution channel and application as referenced above.
The countries covered in the negative pressure wound therapy devices market report are Germany, U.K., France, Spain, Italy, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest of Europe.
The U.K dominates the negative pressure wound therapy market. The adoption of new technology to improve clinical outcomes is expected to boost market growth over the forecast period.
The country section of the negative pressure wound therapy devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The negative pressure wound therapy devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the negative pressure wound therapy devices market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the negative pressure wound therapy devices market. The data is available for the historic period 2010-2020.
Competitive Landscape and Negative Pressure Wound Therapy Devices Market Share Analysis
The negative pressure wound therapy devices market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the negative pressure wound therapy devices market.
Some of the major players covered in the negative pressure wound therapy devices market report are 3M, Smith & Nephew, ConvaTec Group plc, Mölnlycke Health Care AB, Cardinal Health, Medela AG, ATMOS MedizinTechnik GmbH & Co. KG, Talley Group Ltd., DeRoyal Industries, Inc., Wuhan VSD Medical Science & Technology Co., Ltd., Triage Meditech Pvt. Ltd., SunMed Medical, The Wound Vac Company, LLC., Lohmann & Rauscher, Genadyne, PAUL HARTMANN, among others.
SKU-