Market Overview:
The Asia Pacific negative pressure wound therapy market size reached US$ 673.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,135.7 Million by 2032, exhibiting a growth rate (CAGR) of 5.81% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 673.1 Million |
Market Forecast in 2032
|
US$ 1,135.7 Million |
Market Growth Rate (2024-2032) |
5.81% |
Negative pressure wound therapy (NPWT), or vacuum-assisted wound closure (VAC), refers to the therapeutic technique used to heal chronic wounds and injuries by applying sub-atmospheric pressure to the surface of the wound. It is commonly used for the treatment of burns, diabetic and pressure ulcers, skin flaps, grafts and traumatic wounds. The therapy involves the use of specialized dressings, suction pumps, ether foam sponges and canisters to collect excess fluids. The therapy aids in optimizing the blood flow and reduces tissue swelling and bacterial contamination near the wound.
The rising prevalence of diabetes and obesity among the masses, leading to diabetic foot ulcers, is one of the key factors driving the market. Furthermore, the widespread adoption of VAC devices for sealing wound edges and minimizing the inflammation and redness is providing a thrust to the market growth. Additionally, various product innovations, such as the development of single-use and portable NPWT devices for homecare setup, are acting as other major growth-inducing factors. These devices aid in minimizing the risks of hospital-acquired infections (HAIs) and improve the quality of care provided to the patient. Other factors, including the rising geriatric population, along with extensive improvements in the healthcare infrastructure, are anticipated to drive the market further across the Asia Pacific region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific negative pressure wound therapy market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on device, component, wound type, indication and end user.
Breakup by Device:
- Conventional NPWT Devices
- Single-Use NPWT Devices
- Accessories
Breakup by Component:
- Canisters and Dressings
- Pumps
Breakup by Wound Type:
- Chronic Wounds
- Acute Wounds
Breakup by Indication:
- Surgical and Traumatic Wounds
- Pressure Ulcers
- Venous Ulcers
- Diabetic Foot Ulcer
- Burns
- Others
Breakup by End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Home Care Settings
- Others
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Device, Component, Wound Type, Indication, End User, Country |
Countries Covered |
China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Asia Pacific negative pressure wound therapy market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Asia Pacific negative pressure wound therapy market?
- What are the key regional markets?
- What is the breakup of the market based on the device?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the wound type?
- What is the breakup of the market based on the indication?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Asia Pacific negative pressure wound therapy market and who are the key players?
- What is the degree of competition in the industry?