North America Negative Pressure Wound Therapy Market Size (2024 - 2029)

The North America Negative Pressure Wound Therapy Market is projected to experience growth over the forecast period, driven by the increasing prevalence of chronic wounds and diabetic ulcers, as well as technological advancements in NPWT devices. This therapy is particularly favored for treating deep acute and persistent chronic wounds due to its effectiveness in wound drainage and infection control. Despite these growth drivers, the market faces challenges such as the high cost of treatment and potential complications associated with NPWT devices, which may hinder its expansion.

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Market Size of North America Negative Pressure Wound Therapy Industry

North America Negative Pressure Wound Therapy Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 1.20 Billion
Market Size (2029) USD 1.50 Billion
CAGR (2024 - 2029) 4.59 %

Major Players

North America Negative Pressure Wound Therapy Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Negative Pressure Wound Therapy Market Analysis

The North America Negative Pressure Wound Therapy Market size is estimated at USD 1.20 billion in 2024, and is expected to reach USD 1.5 billion by 2029, growing at a CAGR of 4.59% during the forecast period (2024-2029).

The negative pressure wound therapy is considered to be the most preferred choice of treatment, especially for deep acute wounds and persistent chronic wounds including leg ulcers. The topical use of NPWT has been widely studied in the literature over the past 20 years. Most clinical trials have shown the effectiveness of this therapy in the treatment of superficial wounds. Moreover, the localized use of NPWT in infected wounds offers advantages, such as wound drainage, angiogenesis stimulation, proteinase excretion, and decreased local and systemic bacterial load. The increasing prevalence of chronic wounds and diabetic ulcers in the region and technological advancements in the NPWT devices are fueling the market growth.

The United States National Institutes of Health, report published in 2017, states that chronic wounds, or wounds that are slow to heal affect 6.5 million people in the country currently. However, the high cost of the treatment and complications associated with NPWT devices are the major restraints for the growth of the market in the region.

North America 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.

By Product
Re-Usable Device
Single-Use Device
By Wound Type
Diabetic Foot Ulcer
Pressure Ulcer
Venous Leg Ulcer
Burn Wounds
Others
By End-User
Hospital
Homecare
Others
Geography
North America
United States
Canada
Mexico
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North America Negative Pressure Wound Therapy Market Size Summary

The North America Negative Pressure Wound Therapy (NPWT) market is experiencing steady growth, driven by its effectiveness in treating deep acute and persistent chronic wounds, such as leg ulcers. This therapy has been extensively studied over the past two decades, demonstrating significant benefits in wound management, including drainage, angiogenesis stimulation, and reduction of bacterial load. The increasing prevalence of chronic wounds and diabetic ulcers, coupled with technological advancements in NPWT devices, is propelling market expansion. Despite the high cost and potential complications associated with NPWT, its ability to accelerate wound healing and reduce hospitalization times is enhancing its demand, particularly in the context of rising diabetes-related foot ulcers.

The market landscape in North America is moderately competitive, with key players like Molnlycke Health Care, ConvaTec Inc., Cardinal Health, Inc., Smith & Nephew plc, and 3M Company actively engaging in strategies such as agreements, collaborations, and product developments to strengthen their market positions. The prevalence of diabetic foot ulcers, a common complication of diabetes, is a significant concern, with a notable number of non-traumatic lower limb amputations occurring annually. This underscores the importance of NPWT in managing such conditions effectively. As the incidence of diabetes and related foot ulcers continues to rise, the NPWT market is expected to maintain its growth trajectory, driven by the ongoing need for efficient wound care solutions.

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North America Negative Pressure Wound Therapy Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Number of Accidents and Traumatic Events

      2. 1.2.2 Rising Chronic Wounds Such as Diabetic Foot Ulcers

      3. 1.2.3 Technological Advancements in the NPWT Devices

    3. 1.3 Market Restraints

      1. 1.3.1 High Cost of Device and Treatment

      2. 1.3.2 Complications Associated With NPWT Device

    4. 1.4 Porter's Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product

      1. 2.1.1 Re-Usable Device

      2. 2.1.2 Single-Use Device

    2. 2.2 By Wound Type

      1. 2.2.1 Diabetic Foot Ulcer

      2. 2.2.2 Pressure Ulcer

      3. 2.2.3 Venous Leg Ulcer

      4. 2.2.4 Burn Wounds

      5. 2.2.5 Others

    3. 2.3 By End-User

      1. 2.3.1 Hospital

      2. 2.3.2 Homecare

      3. 2.3.3 Others

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

North America Negative Pressure Wound Therapy Market Size FAQs

The North America Negative Pressure Wound Therapy Market size is expected to reach USD 1.20 billion in 2024 and grow at a CAGR of 4.59% to reach USD 1.50 billion by 2029.

In 2024, the North America Negative Pressure Wound Therapy Market size is expected to reach USD 1.20 billion.

North America Negative Pressure Wound Therapy Market Report Snapshots

North America Negative Pressure Wound Therapy Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)