Negative Pressure Wound Therapy Market Growth, Size, Overview and Forecast

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Negative Pressure Wound Therapy Market Analysis, Share and Size,
Emerging Trends, Overview and Outlook, Growth And Segment
Forecasts To 2020
Technavio Announces the Publication of its Research Report – Global Negative Pressure Wound Therapy
(NPWT) Market 2016-2020
Technavio recognizes the following companies as the key players in the global negative pressure wound
therapy (NPWT) market: Acelity, Mölnlycke Health Care, 4L Health, and Smith & Nephew.
Other Prominent Vendors in the market are: BSN medical, Carilex Medical, ConvaTec, Equinoxo2
Medical, Galaxy Medical Products, Genadyne, H&R Healthcare, Innovative Therapies, Pensar Medical,
PolyNovo, Shandong Wego New Life Medical Device, Talley, and Triage Meditech.
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Commenting on the report, an analyst from Technavio’ s team said: “Increased use of single-use
portable negative pressure wound therapy systems and disposable canisters will be a key trend for
market growth. Single-use NPWT systems consist of dressing materials and a powered pump without
the canister. Single-use NPWT systems reduce staff time and the cost of the therapy when compared
with standard NPWT system. In addition, they reduce the length of stay of individuals in hospitals and
are easy to use. For instance, Smith & Nephew's PICO system delivers a patient-friendly and affordable
NPWT system. Therefore, the rise in the use of single-use NPWT system is expected to contribute to the
market growth.”
According to the report, advancements in negative pressure wound therapy device technology will be a
key driver for market growth. Technological innovations in wound care products have significantly
influenced the use and preference for advanced products over traditional ones by clinicians and
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individuals. These advanced wound care products are highly efficient and safe and have a better wound
healing capability, which will eventually reduce hospital stays. Various companies develop different
technologies and products to increase patient adoption. Companies are trying to develop products that
are easy to use and cost-effective.
Further, the report states that high cost of negative pressure wound therapy systems will be a challenge
for the market. Growing prevalence of comorbidities in chronic wound individuals has increased the
treatment cost, which in turn has resulted in the high price of NPWT products. A wound primarily
requires a dressing that is selected according to the individual's health, product awareness, and careful
clinical assessment. No robust or cost-effective dressing is available except antimicrobial dressings
(silver, iodine, or honey), which are preferred over non-medicated dressings to heal chronic wounds.
Though new technologies such as NPWT, biomaterials dressings, and skin substitutes provide better
clinical outcomes, because of their high costs other advanced wound care dressings are preferred over
them. The NPWT procedure includes dressing cost ($25-$100), the cost of the pump ($340-$500), and
canister cost ($30) per day.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Negative Pressure Wound Therapy (NPWT)
Negative pressure wound therapy (NPWT) is a therapeutic technique used for the treatment of acute
and chronic wounds. To accelerate the recovery process of any wound, removal of the accumulated
fluid and infectious materials from the wound surface is necessary. The NPWT device helps in the
suction of the accumulated fluid by applying around 125 mm Hg pressure. The NPWT system consists of
a vacuum pump, foam or gauze wound dressing, drainage tubing, a canister for storage of surgical or
medical aspiration fluid, and an adhesive film dressing to cover and seal the wounds.
Technavio’ s analysts forecast the global negative pressure wound therapy (NPWT) market to grow at a
CAGR of 8.06% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global negative pressure wound
therapy (NPWT) market for 2016-2020. To calculate the market size, we consider the revenue generated
from the sales of NPWT and its related products such as pumps and canisters that are used to diagnose
acute and chronic wounds.
The market is divided into the following segments based on geography:
• Americas
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• APAC
• EMEA
Technavio's report, Global Negative Pressure Wound Therapy (NPWT) Market 2016-2020, has been
prepared based on an in-depth market analysis with inputs from industry experts. The report covers the
market landscape and its growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
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Sam Collins
Market Reports Center
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Negative pressure wound therapy (NPWT) is a therapeutic technique used for the treatment of acute and chronic wounds. To accelerate the recovery process of any wound, removal of the accumulated fluid and infectious materials from the wound surface is necessary.