Market Research Reports

Negative Pressure Wound Therapy Market (Conventional and Single Use NPWT Systems) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

78pages
Published Date: 2014-04-28
 

Description



A surge in the number of wounds (acute and chronic) globally has prompted the growth of the wound care dressings market. Rise in geriatric population has led to the escalation of chronic diseases. Major chronic diseases such as diabetes, cardiovascular diseases, peripheral vascular diseases and prolonged bed occupancy due to debilitating diseases such as cancer or coma have led to an increase in the incidence of chronic wounds. Chronic wounds such as diabetic ulcers, arterial ulcers and decubitus ulcers need specialized care; else, these may cause serious infections such as pus formation, eschar, and tissue necrosis. Negative pressure wound therapy is currently considered to be the most preferred choice of treatment by physicians as well as patients for such chronic wounds.

Negative pressure wound therapy (NPWT) devices comprise pumps, canisters, connecting tubes and dressing kits. The NPWT system uses negative pressure and aids in rapid healing of the wounds, this method is also called as moist healing. The major factors driving the growth of the market includes rise in incidence of chronic wounds and introduction of technologically advanced wound care products. Moreover, to reduce the risk of contamination of wounds, companies are now working toward introduction of single use disposable NPWT devices. However, limited reimbursement and reluctance in adoption of technologically advanced products by physicians has restricted market growth.

This research report on NPWT devices helps in understanding various market dynamics responsible for market growth. Moreover, it also describes growth opportunities currently prevailing in the market. The research report provides in-depth analysis of the NPWT devices market in major geographies such as North America, Europe, Asia and RoW. The report provides company profiles of major players in the market. Additionally, detailed market share analysis has been provided of the leading players including KCI, Smith & Nephew, Devon Medical and others.

Table of Contents



1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
      1.3.1 Sources
               1.3.1.1 Secondary Research
               1.3.1.2 Primary Research
      1.3.2 Assumptions

2.1 Market Snapshot: Global Negative Pressure Wound Therapy (NPWT) Market (2012 & 2019)
      2.1.1 Global Negative Pressure Wound Therapy (NPWT) Market, by Products, 2012 (USD Million)
2.2 Comparative Analysis: Global Negative Pressure Wound Therapy (NPWT) Market, By Geography, 2012 and 2019 (Value %)
2.3 Comparative Analysis: Global Negative Pressure Wound Therapy (NPWT) Market, By Rental and Sales, 2012 and 2019 (Value %)

3.1 Introduction and Market Definition
3.2 Market Dynamics
      3.2.1 Market Drivers
               3.2.1.1 Rise in geriatric population expected to drive the market growth
               3.2.1.2 Rising prevalence rate of acute and chronic wounds expected to trigger the market growth
                           3.2.1.2.1 Worldwide Prevalence of Acute and Chronic Wounds, By Types
               3.2.1.3 Novel technologies and products to fuel the growth of NPWT market
               3.2.1.4 High incidence of chronic diseases likely to boost the growth of the market
               3.2.1.5 Rise in patient awareness and disposable income expected to stimulate the market growth
      3.2.2 Market Restraints
              3.2.2.1 Reluctance in adopting technologically advanced products might impede the growth of the market
              3.2.2.2 Unfavorable reimbursement policies likely to hamper the market growth
              3.2.2.3 High cost of advance wound care devices restrict the market growth
      3.2.3 Market Opportunities
              3.2.3.1 Investing in emerging markets
              3.2.3.2 Focus on the development of portable NPWT devices
3.3 Porter’s Five Forces Analysis: Global Negative Pressure Wound Therapy (NPWT) Market
      3.3.1 Bargaining power of suppliers
      3.3.2 Bargaining power of buyers
      3.3.3 Rivalry among existing competitors
      3.3.4 Threat of new entrants
      3.3.5 Threat of substitute products or services
3.4 Market Attractiveness Analysis
3.5 Global Market Share Analysisfor Negative Pressure Wound Therapy (NPWT), by Key Players, 2012 (Value %)
      3.5.1 Global Market Share by Key Players, 2012 (Value %)

4.1 Overview
      4.1.1 Global Negative Pressure Wound Therapy (NPWT) Market Revenue, by Products, 2011 – 2019 (USD Million)
4.2 Conventional Negative Pressure Wound Therapy (NPWT) Systems
      4.2.1 Global Conventional Negative Pressure Wound Therapy (NPWT) Systems Market Revenue, by Disposables, 2011 – 2019 (USD Million)
      4.2.2 Global Conventional Negative Pressure Wound Therapy (NPWT) Systems Market Revenue, by Geography, 2011 – 2019 (USD Million)
      4.2.3 Disposables of Conventional NPWT Systems
              4.2.3.1 Canisters
                          4.2.3.1.1 Global NPWT Canisters Market Revenue, 2011 – 2019 (USD Million)
              4.2.3.2 Pumps
                          4.2.3.2.1 Global NPWT Pumps Market Revenue, 2011 – 2019 (USD Million)
              4.2.3.3 Dressing Kits
                          4.2.3.3.1 Global NPWT Dressings Kits Market Revenue, 2011 – 2019 (USD Million)
4.3 Single Use Negative Pressure Wound Therapy (NPWT) Systems
      4.3.1 Global Single Use Negative Pressure Wound Therapy (NPWT) Systems Market Revenue, 2011 – 2019 (USD Million)
      4.3.2 Global Single Use Negative Pressure Wound Therapy (NPWT) Systems Market Revenue, by Geography, 2011 – 2019 (USD Million)

5.1 Overview
      5.1.1 Global Negative Pressure Wound Therapy(NPWT) Market Revenue, by Geography, 2011 – 2019 (USD Million)
5.2 North America
      5.2.1 HCPCS Codes for NPWT Systems and Supplies
      5.2.2 CPT Codes for NPWT Systems and Supplies
      5.2.3 North America Negative Pressure Wound Therapy (NPWT) Market Revenue, 2011 – 2019 (USD Million)
5.3 Europe
      5.3.1 Europe Negative Pressure Wound Therapy (NPWT) Market Revenue, 2011 – 2019 (USD Million)
5.4 Asia-Pacific
      5.4.1 Asia-Pacific Negative Pressure Wound Therapy (NPWT) Market Revenue, 2011 – 2019 (USD Million)
5.5 Rest of the World (RoW)
      5.5.1 RoW Negative Pressure Wound Therapy (NPWT) Market Revenue, 2011 – 2019 (USD Million)

6.1 Market Strategy for Success
      6.1.1 Emphasis on developing portable NPWT systems
      6.1.2 Investing in emerging economies
      6.1.3 Improving distribution network to strengthen market presence
6.2 Barriers to be considered
      6.2.1 Implementation of Affordable Care Act in the U.S.

7.1 ArjoHuntleigh International AB
      7.1.1 Company Overview
      7.1.2 Financial Overview
      7.1.3 Product Portfolio
      7.1.4 Business Strategies
      7.1.5 Recent Developments
7.2 ConvaTec Inc.
      7.2.1 Company Overview
      7.2.2 Financial Overview
      7.2.3 Product portfolio
      7.2.4 Business Strategies
      7.2.5 Recent Developments
7.3 Devon Medical Inc.
      7.3.1 Company Overview
      7.3.2 Financial Overview
      7.3.3 Product portfolio
      7.3.4 Business Strategies
               7.3.4.1 Distribution Deal
               7.3.4.2 Strategic Partnership
      7.3.5 Recent Developments
7.4 Genadyne Biotechnologies Inc.
      7.4.1 Company Overview
      7.4.2 Financial Overview
      7.4.3 Product portfolio
      7.4.4 Business Strategies
               7.4.4.1 Strategic Partnership
      7.4.5 Recent Developments
7.5 Kinetic Concepts Inc.
      7.5.1 Company Overview
      7.5.2 Financial Overview
      7.5.3 Product portfolio
      7.5.4 Business Strategies
               7.5.4.1 Strategic Acquisition
               7.5.4.2 Merger & Acquisition
      7.5.5 Recent Developments
7.6 Medela AG
      7.6.1 Company overview
      7.6.2 Financial Overview
      7.6.3 Product Portfolio
      7.6.4 Business Strategies
               7.6.4.1 Strategic Collaborations
               7.6.4.2 Mergers and Acquisitions
      7.6.5 Recent developments
7.7 Molnlycke Health Care AB
      7.7.1 Company Overview
      7.7.2 Financial Overview
      7.7.3 Product portfolio
      7.7.4 Business Strategies
               7.7.4.1 Expansion of Manufacturing Unit
               7.7.4.2 Strategic Acquisition
      7.7.5 Recent Developments
7.8 Prospera Technologies LLC
      7.8.1 Company Overview
      7.8.2 Financial Overview
      7.8.3 Product portfolio
      7.8.4 Business Strategies
               7.8.4.1 Research and Development
7.9 Smith & Nephew plc
      7.9.1 Company Overview
      7.9.2 Financial Overview
      7.9.3 Product portfolio
      7.9.4 Business Strategies
               7.9.4.1 Strategic Acquisition
               7.9.4.2 Strategic Partnership
      7.9.5 Recent Developments
7.10 Talley Group Limited
      7.10.1 Company Overview
      7.10.2 Financial Overview
      7.10.3 Product portfolio
      7.10.4 Business Strategies
                 7.10.4.1 Distribution Deal
                 7.10.4.2 Collaborations
      7.10.5 Recent Developments

List of Figures

FIG. 1 Negative Pressure Wound Therapy (NPWT) Market Segmentation
FIG. 2 Global Negative Pressure Wound Therapy (NPWT) Market, by Products, 2012 (USD Million)
FIG. 3 Comparative Analysis: Global Negative Pressure Wound Therapy (NPWT) Market, by Geography, 2012 and 2019 (Value %)
FIG. 4 Comparative Analysis: Global Negative Pressure Wound Therapy (NPWT) Market, by Rental and Sales, 2012 and 2019 (Value %)
FIG. 5 Global Negative Pressure Wound Therapy (NPWT) Market: Drivers and Restraints
FIG. 6 Porter’s Five Forces Analysis: Global Negative Pressure Wound Therapy (NPWT) Market
FIG. 7 Market Attractiveness Analysis: Global Negative Pressure Wound Therapy (NPWT) Market, by Geography
FIG. 8 Market Share Analysis: Negative Pressure Wound Therapy (NPWT) Market, 2012 (Value %)
FIG. 9 Global NPWT Canisters Market Revenue, 2011 – 2019 (USD Million)
FIG. 10 Global NPWT Pumps Market Revenue, 2011 – 2019 (USD Million)
FIG. 11 Global NPWT Dressings Kits Market Revenue, 2011 – 2019 (USD Million)
FIG. 12 Global Single Use Negative Pressure Wound Therapy (NPWT) Systems Market Revenue, 2011 – 2019 (USD Million)
FIG. 13 North America Negative Pressure Wound Therapy (NPWT) Market Revenue, 2011 – 2019 (USD Million)
FIG. 14 Europe Negative Pressure Wound Therapy (NPWT) Market Revenue, 2011 – 2019 (USD Million)
FIG. 15 Asia-Pacific Negative Pressure Wound Therapy (NPWT) Market Revenue, 2011 – 2019 (USD Million)
FIG. 16 RoW Negative Pressure Wound Therapy (NPWT) Market Revenue, 2011 – 2019 (USD Million)
FIG. 17 ConvaTec Inc.: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 18 Molnlycke Health Care AB: Annual Revenue, 2010 – 2012 (USD Million)
FIG. 19 Smith & Nephew plc: Annual Revenue, 2010 – 2012 (USD Million)

List of Tables

TABLE 1 Market Snapshot: Global Negative Pressure Wound Therapy (NPWT) Market (2012 & 2019)
TABLE 2 Worldwide Prevalence of Acute and Chronic Wounds, By Types
TABLE 3 Global Negative Pressure Wound Therapy (NPWT) Market Revenue, by Products, 2011 –2019 (USD Million)
TABLE 4 Global Conventional Negative Pressure Wound Therapy (NPWT)Systems Market Revenue, by Disposables, 2011 –2019 (USD Million)
TABLE 5 Global Conventional Negative Pressure Wound Therapy (NPWT)Systems Market Revenue, by Geography, 2011 –2019 (USD Million)
TABLE 6 Global Single Use Negative Pressure Wound Therapy (NPWT)Systems Market Revenue, by Geography, 2011 –2019 (USD Million)
TABLE 7 Global Negative Pressure Wound Therapy (NPWT) Market Revenue, by Geography, 2011 –2019 (USD Million)
TABLE 8 HCPCS Codes for NPWT Systems and Supplies
TABLE 9 CPT Codes for NPWT Systems and Supplies

Enquiry Before Buying


Free Market Analysis


Negative Pressure Wound Therapy (NPWT) is an advance wound care therapy that applies sub-atmospheric or negative pressure to a wound in a closed drainage system. NPWT devices uses an electrical as well as a mechanical suction pump to continuously or intermittently convey negative pressure through connecting tubes to specially designed wound dressings kits that include resilient foam and gauze dressings and thereby promote faster wound healing. NPWT promotes wound healing by reducing edema, by stimulating granulation tissue and cell proliferation as well as by increasing blood circulation. NPWT systems can be used for the treatment of surgical wounds, traumatic wounds, chronic wounds such as diabetic foot ulcers and venous stasis ulcers as well as pressure sores. NPWT systems are segmented on the basis of type of devices into conventional NPWT systems and single use NPWT systems. Further, conventional NPWT systems are bifurcated on the basis of disposables into canisters, pumps and dressing kits. In addition, NPWT systems can also be used for the treatment of injuries associated with burns and meshed skin grafts. 

The primary factors contributing to the growth of this market are globally increasing geriatric population; as well as increasing incidence and prevalence rate of chronic diseases such as cancer and diabetes leading to rise in chronic wounds. Moreover, high awareness about advance wound care devices and patient preference for the treatment with minimum side-effects are also driving the growth of this market.

In products segment, conventional NPWT systems account for the largest market segment while, single use NPWT systems market segment is growing with highest CAGR during forecast period from 2013 to 2019. NPWT market is witnessing a paradigm shift from usage of conventional NPWT systems towards single use NPWT systems owing to preference of patients towards portable and cost effective wound care devices. This shift in preference is mainly related to convenience of patients since they try to avoid bulky and expensive conventional NPWT systems compared to portable single use NPWT systems.
In conventional NPWT disposables segment, pumps account for the largest market followed by dressing kits market and canisters market. Dressing kits market for disposables of conventional NPWT systems market is growing at a highest CAGR during the forecast period from 2013 to 2019. The segment is mainly driven by high demand for advanced wound dressing products such as silver dressings and hydrophobic foam dressings along with high adoption rate for NPWT devices.

North America is the largest market for NPWT systems owing to increased incidence of chronic diseases and wounds and high awareness about modern wound care therapies, followed by Europe. However, rise in healthcare expenditure and unstable economic conditions has led to a sluggish growth in the global NPWT market. Asia-Pacific is expected to foresee the highest growth due to strong economic developments, supportive government policies coupled with high demand for technologically advanced wound care products.

ConvaTec Inc., Devon Medical Inc., Kinetic Concepts Inc., Mölnlycke Health Care AB, Prospera Technologies LLC, Smith & Nephew plc and Spiracur Inc. are major companies leading the NPWT systems market.

global-npwt-market-by-products-2012

 

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