Negative Pressure Wound Therapy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Negative Pressure Wound Therapy Companies and It is Segmented by Product (Reusable Device, and Single-Use Device), Wound Type (Diabetic Foot Ulcer, Pressure Ulcer, Venous Leg Ulcer, Burn Wounds and Others), End-User (Hospitals, Homecare, Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America).

Negative Pressure Wound Therapy Market Size

Compare market size and growth of Negative Pressure Wound Therapy Market with other markets in Healthcare Industry

Negative Pressure Wound Therapy Market Analysis

The Negative Pressure Wound Therapy Market size is estimated at USD 3.06 billion in 2025, and is expected to reach USD 3.99 billion by 2030, at a CAGR of 5.46% during the forecast period (2025-2030).

The COVID-19 pandemic had a significant impact on the growth of the market. With the nationwide lockdowns, the number of people getting on the roads declined, and there was a drastic decrease in the number of accidents and injuries. For instance, as per the article published by Wound Repair and Regeneration in October 2021, levels 2-5 evidence revealed a paradigm shift in wound care toward hybrid telemedicine and home healthcare models to keep patients at home to minimize the number of in-person visits at clinics and hospitalizations, except in severe cases such as chronic limb-threatening ischemia. Hence, all the factors mentioned above showed that COVID-19 had a notable impact on the Negative Pressure Wound Therapy Market Trends. However, as the pandemic has currently subsided, the market is expected to experience pre-pandemic levels of growth during the forecast period of the study.

Negative Pressure Wound Therapy (NPWT) is the most preferred choice of treatment, especially for deep acute wounds and persistent chronic wounds, including leg ulcers. Some of the factors that are driving the overall market growth are the increasing number of accidents and traumatic events, rising chronic wounds such as diabetic foot ulcers, and technological advancements in Negative Pressure Wound Therapy Devices.

Chronic wounds lead to complications such as infection, ulceration, and insufficient blood supply, thus prolonging the Wound Healing period. The most common chronic wounds include venous ulcers, diabetic foot ulcers, and pressure ulcers. As per the 2022 update from the International Diabetic Federation (IDF), approximately 537 million adults (20-79 years) were living with diabetes in 2021. The total number of people living with diabetes is projected to rise to 643 million by 2030 and 783 million by 2045. Moreover, as per the IDF 2021 report, diabetic foot ulcers affect 40 to 60 million people globally. As a result, the market is likely to grow due to the increased prevalence of diabetic foot ulcers. Also, the localized use of Negative Pressure Wound Treatment in infected wounds offers advantages such as wound drainage, angiogenesis stimulation, proteinase excretion, and decreased local and systemic bacterial load.

Moreover, the study published by Sage Journals in August 2021 reported that venous leg ulcers (VLU) account for 70% of all chronic leg ulcers and are associated with a recurrence rate of 60-70% at 10 years. The deep venous ulcers are responsible for 90% of the venous return to the right atrium from the lower extremities. Such a recurrence of the condition creates the need for NPWT devices and is thus expected to drive the growth of the NPWT Devices Market.

Additionally, the developments by various Negative Pressure Wound Therapy Companies are also expected to boost the market growth. For instance, in March 2022, Cork Medical entered into a partnership with MedTech Solutions Group (MTSG). As per the agreement, MTSG will manage Cork Medical's international Negative Pressure Wound Therapy (NPWT) business in all countries except the United States. Such strategic initiatives are expected to boost the growth of the market.

Thus, due to the above-mentioned factors such as the high prevalence of chronic wounds and the developments by market players, the Negative Pressure Wound Therapy Market is expected to grow at a significant rate during the forecast period. However, the high cost of devices and treatment can restrain the market's growth.

Negative Pressure Wound Therapy Industry Overview

The market for Negative Pressure Wound Therapy is moderately competitive with the presence of most international companies. In terms of Negative Pressure Wound Therapy Market Share, a few of the major players are currently dominating the market. Some of the companies which are currently dominating the market are 3M, Smith & Nephew, Molnlycke Health Care AB, Covatec Inc., Cardinal Health, and others.

Negative Pressure Wound Therapy Market Leaders

  1. ConvaTec Inc.

  2. Cardinal Health, Inc.

  3. Smith & Nephew plc

  4. 3M

  5. Mölnlycke Health Care AB

  6. *Disclaimer: Major Players sorted in no particular order
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Negative Pressure Wound Therapy Market News

  • May 2023: Smith+Nephew announced its PICO Single Use Negative Pressure Wound Therapy Systems have received an Innovative Technology contract from Vizient, Inc. The contract was awarded based on the PICO Single Use Negative Pressure Wound Therapy Systems recommendation by hospital experts who serve on one of Vizient's member-led councils.
  • January 2022: Smith & Nephew announced a new indication for use for its PICO 7 and PICO 14 single-use negative pressure wound therapy systems. The United States Food and Drug Administration (FDA) cleared the systems for use on closed surgical incisions to reduce the incidence of wounds.

Negative Pressure Wound Therapy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Number of Accidents and Traumatic Events
    • 4.2.2 Rising Incidence of Chronic Wounds Such as Diabetic Foot
    • 4.2.3 Technological Advancements in the NPWT Devices
  • 4.3 Market Restraints
    • 4.3.1 High Cost of Device and Treatment
    • 4.3.2 Complications Associated With NPWT Device
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Product
    • 5.1.1 Reusable Device
    • 5.1.2 Single-use Device
  • 5.2 By Wound Type
    • 5.2.1 Diabetic Foot Ulcer
    • 5.2.2 Pressure Ulcer
    • 5.2.3 Venous Leg Ulcer
    • 5.2.4 Burn Wounds
    • 5.2.5 Other Wound Types
  • 5.3 By End User
    • 5.3.1 Hospitals
    • 5.3.2 Homecare
    • 5.3.3 Other End Users
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East and Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East and Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 3M
    • 6.1.2 Talley Group Ltd
    • 6.1.3 Smith & Nephew
    • 6.1.4 Otivio (FlowOx)
    • 6.1.5 Molnlycke Health Care AB
    • 6.1.6 Medela AG
    • 6.1.7 DeRoyal Industries Inc.
    • 6.1.8 ConvaTec Inc.
    • 6.1.9 Cardinal Health
    • 6.1.10 Paul Hartmann AG
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Negative Pressure Wound Therapy Industry Segmentation

As per the scope of the report, 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 Negative Pressure Wound Therapy Market is segmented by Product (Reusable Device and Single-use Device), Wound Type (Diabetic Foot Ulcer, Pressure Ulcer, Venous Leg Ulcer, Burn Wounds, and Others), End-user (Hospitals, Homecare, Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD) for the above segments.

By Product Reusable Device
Single-use Device
By Wound Type Diabetic Foot Ulcer
Pressure Ulcer
Venous Leg Ulcer
Burn Wounds
Other Wound Types
By End User Hospitals
Homecare
Other End Users
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
By Product
Reusable Device
Single-use Device
By Wound Type
Diabetic Foot Ulcer
Pressure Ulcer
Venous Leg Ulcer
Burn Wounds
Other Wound Types
By End User
Hospitals
Homecare
Other End Users
Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Negative Pressure Wound Therapy Market Research FAQs

How big is the Negative Pressure Wound Therapy Market?

The Negative Pressure Wound Therapy Market size is expected to reach USD 3.06 billion in 2025 and grow at a CAGR of 5.46% to reach USD 3.99 billion by 2030.

What is the current Negative Pressure Wound Therapy Market size?

In 2025, the Negative Pressure Wound Therapy Market size is expected to reach USD 3.06 billion.

Who are the key players in Negative Pressure Wound Therapy Market?

ConvaTec Inc., Cardinal Health, Inc., Smith & Nephew plc, 3M and Mölnlycke Health Care AB are the major companies operating in the Negative Pressure Wound Therapy Market.

Which is the fastest growing region in Negative Pressure Wound Therapy Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Negative Pressure Wound Therapy Market?

In 2025, the North America accounts for the largest market share in Negative Pressure Wound Therapy Market.

What years does this Negative Pressure Wound Therapy Market cover, and what was the market size in 2024?

In 2024, the Negative Pressure Wound Therapy Market size was estimated at USD 2.89 billion. The report covers the Negative Pressure Wound Therapy Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Negative Pressure Wound Therapy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Negative Pressure Wound Therapy Industry Report

The report on Negative Pressure Wound Therapy Companies provides an in-depth industry analysis and market overview, including segmentation by product, wound type, end-user, and geography. The market share and market size are crucial components of the report, offering insights into the global market dynamics. The industry reports cover reusable devices and single-use devices, addressing various wound types such as diabetic foot ulcers, pressure ulcers, venous leg ulcers, burn wounds, and others. The end-users analyzed include hospitals, homecare, and other sectors.

Industry trends and market trends are highlighted, providing a comprehensive industry outlook and market forecast. The market growth and growth rate are examined, with a focus on market leaders and their impact on the industry. The report includes industry research and industry statistics, offering valuable market data and market predictions.

Market segmentation and market value are explored, with detailed industry information on the North American, European, Asia-Pacific, Middle Eastern, African, and South American markets. The industry size and industry sales are discussed, along with market review and market overview. The report also features a report example and a report PDF for further reference.

Research companies and industry research are integral to the report, ensuring accurate market analysis and industry outlook. The market forecast and market outlook are essential for understanding future market dynamics. The report provides a holistic view of the negative pressure wound therapy market, backed by industry reports and market research.

Negative Pressure Wound Therapy Market Report Snapshots

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