Europe Negative Pressure Wound Therapy Market Size (2024 - 2029)

Europe Negative Pressure Wound Therapy Market Analysis

The Europe Negative Pressure Wound Therapy Market size is estimated at USD 0.89 billion in 2024, and is expected to reach USD 1.15 billion by 2029, growing at a CAGR of 5.06% during the forecast period (2024-2029).

The COVID-19 pandemic caused collateral damage in health care regarding reduced hospital submissions or postponed treatment of other acute or chronically ill patients. For instance, the article published in the International Wound Journal in February 2021 included sixty-three patients diagnosed with any kind of ulceration or chronic wound in the survey. Out of these, 14% of patients' diagnostic workup or hospitalization was cancelled or delayed. 36% could not visit their primary care physician as usual for advice. The survey indicated that Germany's COVID-19 pandemic impaired access to clinical management of chronic wounds. Thus, COVID-19 adversely impacted the studied market; however, as the pandemic has currently subsided, the market is expected to experience pre-pandemic growth levels during the study's forecast period.

In addition, the increasing number of accidents and traumatic events, rising chronic wounds such as diabetic foot ulcers, and technological advancements in NPWT devices are actively affecting the growth of the studied market.

For instance, an article published in Diabetes Research and Clinical Practice Journal in February 2021 stated that 69% (154) of patients in Germany and 70% (69) in Czech Republic experienced at least one diabetic foot ulcers (DFU) recurrence. The study stated that cumulative DFU recurrence was approximately 70% in 15 years in both groups. The high incidence of diabetic foot ulcers and its recurrence is expected to boost the demand for negative pressure wound therapy market.

Furthermore, according to the European Pressure Ulcer Advisory Panel 2022 report, Pressure Ulcer Day is hosted in November every year in Europe to spread awareness about the disease. The upcoming event was likely to be hosted in November 2022 with an aim to stop pressure ulcer. Such events are likely to spread awareness regarding the negative pressure wound therapy in the management of pressure ulcer which is projected to boost the growth of the studied market.

Therefore, owing to the aforementioned factors such as the rising prevalence of various chronic
wounds and the rising awareness about the treatment of chronic wounds, the studied market is anticipated to witness growth over the analysis period. however, the high cost of devices and treatment and complications associated With NPWT devices are likely to impede the market growth.

Europe Negative Pressure Wound Therapy Industry Segmentation

As per the scope of the report, negative-pressure wound therapy (NPWT) is a therapeutic technique using a suction dressing to remove excess exudation and promote healing in acute or chronic wounds and second and third-degree burns. This report covers the study of types of NPWT products and their applications across various injuries/ulcers. The Europe negative pressure wound therapy market is segmented by product (re-usable device and single-use device), wound type (diabetic foot ulcer, pressure ulcer, venous leg ulcer, burn wounds, and others), end-user (hospital, homecare, and others), and geography (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe). The report offers the value (in USD) for the above segments.