North America Vacuum Therapy Devices Market

North America Vacuum Therapy Devices Market Size, Share & Trends Analysis Report By Product, By End Use (Hospitals, Clinics, and Others), By Application, By Type, By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-24353 Publication Date: September-2024 Number of Pages: 116
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Analysis of Market Size & Trends

The North America Vacuum Therapy Devices Market would witness market growth of 3.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Vacuum Therapy Devices Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $585.9 million by 2031. The Canada market is experiencing a CAGR of 5.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 4.6% during (2024 - 2031).

North America Vacuum Therapy Devices Market

The vacuum therapy devices market represents a significant and rapidly evolving segment of the healthcare industry, driven by the growing demand for advanced wound care solutions. Vacuum therapy has gained widespread recognition for its effectiveness in managing complex wounds, promoting faster healing, and reducing the risk of complications such as infections.

Additionally, this technology creates a controlled, sub-atmospheric pressure environment at the wound site, which helps draw out excess fluids, reduce edema, and enhance blood flow to the area, accelerating the natural healing process.

North America is a prominent market for vacuum therapy devices due to the region's well-established healthcare infrastructure, high healthcare expenditure, and increasing emphasis on advanced medical technologies. From addressing chronic conditions like diabetes and erectile dysfunction to managing the aging population, the need for effective wound care solutions continues to grow, supported by strong governmental healthcare initiatives and rising awareness about advanced treatment options.

Free Valuable Insights: The Vacuum Therapy Devices Market is Predict to reach USD 2.2 Billion by 2031, at a CAGR of 3.8%

Based on Product, the market is segmented into Negative Pressure Wound Therapy and Vacuum Constriction Devices. Based on End Use, the market is segmented into Hospitals, Clinics, and Others. Based on Application, the market is segmented into Chronic wounds, Acute Wounds, and Erectile Dysfunction. Based on Type, the market is segmented into Non-Portable Vacuum Therapy Devices and Portable Vacuum Therapy Devices. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

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List of Key Companies Profiled

  • 3M Company
  • Augusta Medical Systems
  • Boston Scientific Corporation
  • Cardinal Health, Inc.
  • Coloplast Group
  • Smith & Nephew plc
  • Medela AG
  • ConvaTec Inc.
  • B.Braun Melsungen AG

North America Vacuum Therapy Devices Market Report Segmentation

By Product

  • Negative Pressure Wound Therapy
  • Vacuum Constriction Devices

By End Use

  • Hospitals
  • Clinics
  • Others

By Application

  • Chronic wounds
  • Acute Wounds
  • Erectile Dysfunction

By Type

  • Non-Portable Vacuum Therapy Devices
  • Portable Vacuum Therapy Devices

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America
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