The North America Negative Pressure Wound Therapy Market would witness market growth of 5.6% CAGR during the forecast period (2023-2030).
These devices are medical equipment that uses negative pressure to treat wounds. These devices comprise a pump responsible for generating negative pressure around a wound. Furthermore, the device also has canisters employed to collect exudate material from a wound. The foundation of NPWT adoption lies in the robust clinical evidence supporting its efficacy in promoting wound healing. Multiple studies and clinical trials have demonstrated the positive impact of NPWT on chronic wounds, post-surgical sites, trauma wounds, and burn injuries. Healthcare providers increasingly rely on this evidence to make informed decisions and integrate NPWT into their treatment regimens.
One of the primary drivers for NPWT adoption is its ability to reduce complications associated with wound healing significantly. NPWT has been demonstrated to be crucial in minimizing wound-related problems, such as infections, which can result in longer hospital stays and higher healthcare expenses, by establishing a controlled environment that reduces the chance of infections. NPWT's ability to provide improved patient outcomes and a faster recovery has made it a patient-preferred choice. The therapy increases mobility and comfort, improving the patient experience. As a result, healthcare providers are inclined to adopt NPWT to meet the expectations and preferences of their patients.
According to the Canadian Institute for Health Information, Canada's senior population of those 65 and older will expand by 68% over the next 20 years. It has more than tripled in size in the last 40 years. In 2017, it was around 6.2 million. It is anticipated to reach 10.4 million in 2037. Additionally, adopting advanced wound care technologies, including NPWT, aligns with Mexico's global trend towards more innovative and efficient wound management solutions. As healthcare facilities in Mexico strive to provide cutting-edge care, NPWT becomes an asset. Therefore, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Negative Pressure Wound Therapy Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $932.3 million by 2030. The Canada market is experiencing a CAGR of 8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.1% during (2023 - 2030).
Free Valuable Insights: The Negative Pressure Wound Therapy Market is Predict to reach USD 3.7 Billion by 2030, at a CAGR of 6.3%
Based on End-Use, the market is segmented into Hospitals, Homecare, and Others. Based on Product, the market is segmented into Conventional NPWT, and Single-use NPWT. Based on Type, the market is segmented into Pressure Ulcers, Diabetic Foot Ulcers, Venous Leg Ulcers, Burn Wounds, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- 3M Company
- Talley Group Ltd. (Direct Healthcare Group)
- Smith & Nephew PLC
- Molnlycke Health Care AB
- DeRoyal Industries, Inc.
- ConvaTec Group PLC
- Cardinal Health, Inc.
- HARTMANN Group (Paul Hartmann AG)
- Cork Medical, LLC
North America Negative Pressure Wound Therapy Market Report Segmentation
By End-Use
- Hospitals
- Homecare
- Others
By Product
- Conventional NPWT
- Single-use NPWT
By Type
- Pressure Ulcers
- Diabetic Foot Ulcers
- Venous Leg Ulcers
- Burn Wounds
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Negative Pressure Wound Therapy Market, by End-Use
1.4.2 North America Negative Pressure Wound Therapy Market, by Product
1.4.3 North America Negative Pressure Wound Therapy Market, by Type
1.4.4 North America Negative Pressure Wound Therapy Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Negative Pressure Wound Therapy Market, By End-Use
4.1 North America Hospitals Market, By Country
4.2 North America Homecare Market, By Country
4.3 North America Others Market, By Country
Chapter 5. North America Negative Pressure Wound Therapy Market, By Product
5.1 North America Conventional NPWT Market, By Country
5.2 North America Single-use NPWT Market, By Country
Chapter 6. North America Negative Pressure Wound Therapy Market, By Type
6.1 North America Pressure Ulcers Market, By Country
6.2 North America Diabetic Foot Ulcers Market, By Country
6.3 North America Venous Leg Ulcers Market, By Country
6.4 North America Burn Wounds Market, By Country
6.5 North America Others Market, By Country
Chapter 7. North America Negative Pressure Wound Therapy Market, By Country
7.1 US Negative Pressure Wound Therapy Market
7.1.1 US Negative Pressure Wound Therapy Market, By End-Use
7.1.2 US Negative Pressure Wound Therapy Market, By Product
7.1.3 US Negative Pressure Wound Therapy Market, By Type
7.2 Canada Negative Pressure Wound Therapy Market
7.2.1 Canada Negative Pressure Wound Therapy Market, By End-Use
7.2.2 Canada Negative Pressure Wound Therapy Market, By Product
7.2.3 Canada Negative Pressure Wound Therapy Market, By Type
7.3 Mexico Negative Pressure Wound Therapy Market
7.3.1 Mexico Negative Pressure Wound Therapy Market, By End-Use
7.3.2 Mexico Negative Pressure Wound Therapy Market, By Product
7.3.3 Mexico Negative Pressure Wound Therapy Market, By Type
7.4 Rest of North America Negative Pressure Wound Therapy Market
7.4.1 Rest of North America Negative Pressure Wound Therapy Market, By End-Use
7.4.2 Rest of North America Negative Pressure Wound Therapy Market, By Product
7.4.3 Rest of North America Negative Pressure Wound Therapy Market, By Type
Chapter 8. Company Profiles
8.1 DeRoyal Industries, Inc.
8.1.1 Company Overview
8.2 Cork Medical, LLC
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Product Launches and Product Expansions:
8.3 3M Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Talley Group Ltd. (Direct Healthcare Group)
8.4.1 Company Overview
8.5 Smith & Nephew PLC
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional and Segmental Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 Molnlycke Health Care AB
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Product Launches and Product Expansions:
8.6.3 SWOT Analysis
8.7 ConvaTec Group PLC
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 SWOT Analysis
8.8 Cardinal Health, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 SWOT Analysis
8.9 HARTMANN Group (Paul Hartmann AG)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.9.6 SWOT Analysis
TABLE 1 North America Negative Pressure Wound Therapy Market, 2019 - 2022, USD Million
TABLE 2 North America Negative Pressure Wound Therapy Market, 2023 - 2030, USD Million
TABLE 3 North America Negative Pressure Wound Therapy Market, By End-Use, 2019 - 2022, USD Million
TABLE 4 North America Negative Pressure Wound Therapy Market, By End-Use, 2023 - 2030, USD Million
TABLE 5 North America Hospitals Market, By Country, 2019 - 2022, USD Million
TABLE 6 North America Hospitals Market, By Country, 2023 - 2030, USD Million
TABLE 7 North America Homecare Market, By Country, 2019 - 2022, USD Million
TABLE 8 North America Homecare Market, By Country, 2023 - 2030, USD Million
TABLE 9 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 10 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 11 North America Negative Pressure Wound Therapy Market, By Product, 2019 - 2022, USD Million
TABLE 12 North America Negative Pressure Wound Therapy Market, By Product, 2023 - 2030, USD Million
TABLE 13 North America Conventional NPWT Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Conventional NPWT Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Single-use NPWT Market, By Country, 2019 - 2022, USD Million
TABLE 16 North America Single-use NPWT Market, By Country, 2023 - 2030, USD Million
TABLE 17 North America Negative Pressure Wound Therapy Market, By Type, 2019 - 2022, USD Million
TABLE 18 North America Negative Pressure Wound Therapy Market, By Type, 2023 - 2030, USD Million
TABLE 19 North America Pressure Ulcers Market, By Country, 2019 - 2022, USD Million
TABLE 20 North America Pressure Ulcers Market, By Country, 2023 - 2030, USD Million
TABLE 21 North America Diabetic Foot Ulcers Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Diabetic Foot Ulcers Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Venous Leg Ulcers Market, By Country, 2019 - 2022, USD Million
TABLE 24 North America Venous Leg Ulcers Market, By Country, 2023 - 2030, USD Million
TABLE 25 North America Burn Wounds Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America Burn Wounds Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 28 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 29 North America Negative Pressure Wound Therapy Market, By Country, 2019 - 2022, USD Million
TABLE 30 North America Negative Pressure Wound Therapy Market, By Country, 2023 - 2030, USD Million
TABLE 31 US Negative Pressure Wound Therapy Market, 2019 - 2022, USD Million
TABLE 32 US Negative Pressure Wound Therapy Market, 2023 - 2030, USD Million
TABLE 33 US Negative Pressure Wound Therapy Market, By End-Use, 2019 - 2022, USD Million
TABLE 34 US Negative Pressure Wound Therapy Market, By End-Use, 2023 - 2030, USD Million
TABLE 35 US Negative Pressure Wound Therapy Market, By Product, 2019 - 2022, USD Million
TABLE 36 US Negative Pressure Wound Therapy Market, By Product, 2023 - 2030, USD Million
TABLE 37 US Negative Pressure Wound Therapy Market, By Type, 2019 - 2022, USD Million
TABLE 38 US Negative Pressure Wound Therapy Market, By Type, 2023 - 2030, USD Million
TABLE 39 Canada Negative Pressure Wound Therapy Market, 2019 - 2022, USD Million
TABLE 40 Canada Negative Pressure Wound Therapy Market, 2023 - 2030, USD Million
TABLE 41 Canada Negative Pressure Wound Therapy Market, By End-Use, 2019 - 2022, USD Million
TABLE 42 Canada Negative Pressure Wound Therapy Market, By End-Use, 2023 - 2030, USD Million
TABLE 43 Canada Negative Pressure Wound Therapy Market, By Product, 2019 - 2022, USD Million
TABLE 44 Canada Negative Pressure Wound Therapy Market, By Product, 2023 - 2030, USD Million
TABLE 45 Canada Negative Pressure Wound Therapy Market, By Type, 2019 - 2022, USD Million
TABLE 46 Canada Negative Pressure Wound Therapy Market, By Type, 2023 - 2030, USD Million
TABLE 47 Mexico Negative Pressure Wound Therapy Market, 2019 - 2022, USD Million
TABLE 48 Mexico Negative Pressure Wound Therapy Market, 2023 - 2030, USD Million
TABLE 49 Mexico Negative Pressure Wound Therapy Market, By End-Use, 2019 - 2022, USD Million
TABLE 50 Mexico Negative Pressure Wound Therapy Market, By End-Use, 2023 - 2030, USD Million
TABLE 51 Mexico Negative Pressure Wound Therapy Market, By Product, 2019 - 2022, USD Million
TABLE 52 Mexico Negative Pressure Wound Therapy Market, By Product, 2023 - 2030, USD Million
TABLE 53 Mexico Negative Pressure Wound Therapy Market, By Type, 2019 - 2022, USD Million
TABLE 54 Mexico Negative Pressure Wound Therapy Market, By Type, 2023 - 2030, USD Million
TABLE 55 Rest of North America Negative Pressure Wound Therapy Market, 2019 - 2022, USD Million
TABLE 56 Rest of North America Negative Pressure Wound Therapy Market, 2023 - 2030, USD Million
TABLE 57 Rest of North America Negative Pressure Wound Therapy Market, By End-Use, 2019 - 2022, USD Million
TABLE 58 Rest of North America Negative Pressure Wound Therapy Market, By End-Use, 2023 - 2030, USD Million
TABLE 59 Rest of North America Negative Pressure Wound Therapy Market, By Product, 2019 - 2022, USD Million
TABLE 60 Rest of North America Negative Pressure Wound Therapy Market, By Product, 2023 - 2030, USD Million
TABLE 61 Rest of North America Negative Pressure Wound Therapy Market, By Type, 2019 - 2022, USD Million
TABLE 62 Rest of North America Negative Pressure Wound Therapy Market, By Type, 2023 - 2030, USD Million
TABLE 63 Key Information – DeRoyal Industries, Inc.
TABLE 64 Key Information – Cork Medical, LLC
TABLE 65 Key Information – 3M Company
TABLE 66 Key Information – Talley Group Ltd.
TABLE 67 Key Information – Smith & Nephew PLC
TABLE 68 Key Information – Molnlycke Health Care AB
TABLE 69 Key Information – ConvaTec Group PLC
TABLE 70 key information – Cardinal Health, Inc.
TABLE 71 Key Information – HARTMANN Group
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Negative Pressure Wound Therapy Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Negative Pressure Wound Therapy Market
FIG 4 Porter’s Five Forces Analysis – Negative Pressure Wound Therapy Market
FIG 5 North America Negative Pressure Wound Therapy Market share, By End-Use, 2022
FIG 6 North America Negative Pressure Wound Therapy Market share, By End-Use, 2030
FIG 7 North America Negative Pressure Wound Therapy Market, By End-Use, 2019 - 2030, USD Million
FIG 8 North America Negative Pressure Wound Therapy Market share, By Product, 2022
FIG 9 North America Negative Pressure Wound Therapy Market share, By Product, 2030
FIG 10 North America Negative Pressure Wound Therapy Market, By Product, 2019 - 2030, USD Million
FIG 11 North America Negative Pressure Wound Therapy Market share, By Type, 2022
FIG 12 North America Negative Pressure Wound Therapy Market share, By Type, 2030
FIG 13 North America Negative Pressure Wound Therapy Market, By Type, 2019 - 2030, USD Million
FIG 14 North America Negative Pressure Wound Therapy Market share, By Country, 2022
FIG 15 North America Negative Pressure Wound Therapy Market share, By Country, 2030
FIG 16 North America Negative Pressure Wound Therapy Market, By Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: 3M Company
FIG 18 SWOT Analysis: Smith & Nephew PLC
FIG 19 Swot Analysis: Molnlycke Health Care AB
FIG 20 SWOT Analysis: ConvaTec Group PLC
FIG 21 Swot Analysis: Cardinal Health, Inc.
FIG 22 SWOT Analysis: HARTMANN Group