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


Negative pressure wound therapy (NPWT) is an advanced wound care therapy that applies sub-atmospheric or negative pressure to a wound in a closed drainage system. Physicians as well as patients currently consider negative pressure wound therapy as a treatment option for chronic wounds. This research study provides the market analysis for various technologies and products of negative pressure wound therapy (NPWT) systems including conventional and single-use NPWT systems. The stakeholders of this report include established and emerging companies engaged with the development and commercialization of both conventional and single-use NPWT systems. 

This research work includes a detailed executive summary, which includes a market snapshot that provides overall information of various segments and sub-segments that are contained in the report. It also provides an overall information and data analysis of the global negative pressure wound therapy market with respect to market segments based on product type as well as geographic regions. Additionally, this report provides information of the comparative analysis of global negative pressure wound therapy market by rental and sales, which will help in understanding the market in an elucidated manner. 

A surge in the number of wounds (acute and chronic) globally has prompted the growth of advanced wound management products market. Rise in geriatric population has led to the escalation of chronic diseases. 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. Major 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. This study also provides the information on the worldwide prevalence rate of various types of acute and chronic wounds, which would help the companies to focus on developing wound specific NPWT systems.

Negative pressure wound therapy (NPWT) devices comprise pumps, canisters, connecting tubes and dressing kits. An NPWT system uses negative pressure and aids in rapid healing of the wounds, this method is also called as moist healing. The global negative pressure wound therapy (NPWT) market is segmented based on products. Based on product types, the report includes market analysis of conventional NPWT systems and single-use NPWT systems. The conventional NPWT systems segment is further split into NPWT disposables that includes canisters, pumps and dressing kits. Market forecast for all these segments has been provided in the report for the period 2011 to 2019 in terms of USD million, along with their respective CAGR for the forecast period 2013 to 2019, considering 2012 as the base year.

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 market revenue of NPWT systems for 2011 and 2019 and forecast from 2013 to 2019 in respective regions in terms of USD million and value %, respectively, is explained in geography section of the report.

The report provides company profiles of major players operating in negative pressure wound therapy market. Additionally, detailed market share analysis of the leading players has been provided which includes companies such as ArjoHuntleigh International AB, ConvaTec Inc., Devon Medical Inc., Genadyne Biotechnologies Inc., Kinetic Concepts Inc., Medela AG, Mölnlycke Health Care AB, Prospera Technologies LLC, Smith & Nephew plc and Talley Group Limited. The elaborated market share analysis of the companies involved in this market will help the new participants of this industry to identify product portfolio of the established companies and to understand the business strategies followed by major companies for sustaining in this market.

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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