Market Size of United States Negative Pressure Wound Therapy Industry
Study Period | 2018 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.40 Billion |
Market Size (2029) | USD 1.9 Billion |
CAGR (2024 - 2029) | 5.70 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
United States Negative Pressure Wound Therapy Market Analysis
The United States Negative Pressure Wound Therapy Market size is estimated at USD 1.40 billion in 2024, and is expected to reach USD 1.9 billion by 2029, growing at a CAGR of 5.70% during the forecast period (2024-2029).
The major factors driving the market growth include the increasing number of accidents and traumatic events, the rising incidence of chronic wounds such as diabetic foot, and technological advancements in NPWT devices. Fatal road crashes often result in severe injuries and traumatic wounds that require advanced wound care techniques like NPWT for effective management. As the number of road accidents and trauma cases in the United States increases, the demand for NPWT devices and services is projected to increase during the forecast period.
For instance, according to the data released by the National Highway Traffic Safety Administration in April 2024, a total of 40,990 cases of fatal road crashes were recorded in the United States in 2023. In addition, the rising number of firework-related injuries in the United States is leading to an increase in burn cases, which is driving the demand for NPWT devices. For instance, according to the Fireworks Annual Report published by the United States Consumer Product Safety Commission in June 2023, there were an estimated 38% of emergency department-treated burn injuries in the United States in 2022. As per the same source, contusions and lacerations accounted for approximately 30% of emergency department-treated injuries in the United States in 2022. Therefore, the high incidence of road accidents and traumatic events in the country is projected to accelerate market growth during the forecast period. Moreover, the presence of prominent players in the country and their active participation in the launch of novel NPWT devices is also projected to drive market growth during the forecast period. For instance, in April 2023, 3M received the United States Food and Drug Administration (FDA) approval for its 3M Veraflo Therapy, which is an NPWT dressing intended for hydromechanical removal of infectious materials, non-viable tissue, and wound debris.
Therefore, factors such as the increasing number of accidents and traumatic events and technological advancements in NPWT devices are projected to drive the growth of the United States Negative Pressure Wound Therapy Market during the forecast period. However, factors like the high cost of the devices & treatment and complications associated with the NPWT device may impede the market growth.
United States Negative Pressure Wound Therapy Industry Segmentation
Negative pressure wound therapy (NPWT) is a therapeutic technique that uses a suction dressing to remove excess exudate and promote healing in acute or chronic wounds and second and third-degree burns.
The United States negative pressure wound therapy market is segmented by product, wound type and end-user. By product the market is segmented into reusable devices and single-use devices. By wound type the market is segmented into diabetic foot ulcer, pressure ulcer, venous leg ulcer, burn wounds, and other wound types. By end-user the market is segmented into hospitals, homecare, and other end users. The report offers the value (in USD) for the above segments.
By Product | |
Reusable Devices | |
Single-Use Devices |
By Wound Type | |
Diabetic Foot Ulcer | |
Pressure Ulcer | |
Venous Leg Ulcer | |
Burn Wounds | |
Other Wound Types |
By End-User | |
Hospitals | |
Homecare | |
Other End-Users |
United States Negative Pressure Wound Therapy Market Size Summary
The United States Negative Pressure Wound Therapy (NPWT) market is poised for significant growth, driven by an increasing incidence of accidents, chronic wounds, and technological advancements in NPWT devices. The rising number of road accidents and traumatic events necessitates advanced wound care solutions, such as NPWT, to manage severe injuries effectively. Additionally, the prevalence of chronic wounds, including diabetic foot ulcers, is on the rise, further fueling the demand for NPWT devices. Technological innovations and the active participation of key industry players in launching novel NPWT products are expected to bolster market expansion. However, challenges such as the high cost of devices and potential complications associated with NPWT treatments may hinder market growth.
The market is characterized by a preference for single-use NPWT devices, which offer convenience and infection prevention benefits over reusable options. The high prevalence of sports injuries and chronic wounds, coupled with the presence of numerous wound care clinics, supports the growth of this segment. The increasing geriatric population and the rising prevalence of diabetes contribute to the demand for NPWT treatments, particularly for diabetic foot ulcers. The market is moderately consolidated, with major companies like 3M, Cardinal Health, and Smith & Nephew Plc dominating the landscape. Recent product launches and innovations, such as Medela's Invia Integrated Dressing and 3M's Veraflo Cleanse Choice Complete Dressing Kit, are expected to enhance wound care procedures and patient experiences, further driving market growth.
United States Negative Pressure Wound Therapy Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Number of Accidents and Traumatic Events
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1.2.2 Rising Incidence of Chronic Wounds Such as Diabetic Foot
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1.2.3 Technological Advancements in the NPWT Devices
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1.3 Market Restraints
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1.3.1 High Cost of Device and Treatment
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1.3.2 Complications Associated With NPWT Device
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value-USD)
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2.1 By Product
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2.1.1 Reusable Devices
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2.1.2 Single-Use Devices
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2.2 By Wound Type
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2.2.1 Diabetic Foot Ulcer
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2.2.2 Pressure Ulcer
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2.2.3 Venous Leg Ulcer
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2.2.4 Burn Wounds
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2.2.5 Other Wound Types
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2.3 By End-User
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2.3.1 Hospitals
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2.3.2 Homecare
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2.3.3 Other End-Users
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United States Negative Pressure Wound Therapy Market Size FAQs
How big is the Negative Pressure Wound Therapy Market?
The Negative Pressure Wound Therapy Market size is expected to reach USD 1.40 billion in 2024 and grow at a CAGR of 5.70% to reach USD 1.9 billion by 2029.
What is the current Negative Pressure Wound Therapy Market size?
In 2024, the Negative Pressure Wound Therapy Market size is expected to reach USD 1.40 billion.