The Asia Pacific Vacuum Therapy Devices Market would witness market growth of 4.2% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Vacuum Therapy Devices Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $152.8 million by 2031. The Japan market is registering a CAGR of 3.8% during 2024-2031. Additionally, the India market would showcase a CAGR of 5.1% during 2024-2031.
A prominent factor driving the market for vacuum therapy devices is the growing need for minimally invasive procedures. This demand is a reflection of broader trends in the healthcare industry toward treatments that prioritize patient safety, comfort, and rapidly recovering from the process.
Additionally, patients are more informed and engaged in the decision-making process regarding their healthcare. Patients are increasingly inclined to select treatments that strike a balance between efficacy and minimal disruption to their daily lives as a result of the availability of information and the advancements in medical technology.
The Asia Pacific region is experiencing a robust increase in the demand for vacuum therapy devices, driven by diverse factors such as the growth of medical tourism, an aging population, and the rising prevalence of diabetes. According to the Indian Ministry of Tourism, the number of international patients increased from 4.3 lacs in 2016 to 7 lacs in 2019. India’s reputation for providing high-quality medical care at competitive prices has made it a top destination for international patients seeking advanced treatments, including wound care solutions. This influx of medical tourists is driving demand for advanced wound care technologies, contributing to the growth of the vacuum therapy devices market in the country.
The China market dominated the Asia Pacific Vacuum Therapy Devices Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $152.8 million by 2031. The Japan market is registering a CAGR of 3.8% during 2024-2031. Additionally, the India market would showcase a CAGR of 5.1% during 2024-2031.
A prominent factor driving the market for vacuum therapy devices is the growing need for minimally invasive procedures. This demand is a reflection of broader trends in the healthcare industry toward treatments that prioritize patient safety, comfort, and rapidly recovering from the process.
Additionally, patients are more informed and engaged in the decision-making process regarding their healthcare. Patients are increasingly inclined to select treatments that strike a balance between efficacy and minimal disruption to their daily lives as a result of the availability of information and the advancements in medical technology.
The Asia Pacific region is experiencing a robust increase in the demand for vacuum therapy devices, driven by diverse factors such as the growth of medical tourism, an aging population, and the rising prevalence of diabetes. According to the Indian Ministry of Tourism, the number of international patients increased from 4.3 lacs in 2016 to 7 lacs in 2019. India’s reputation for providing high-quality medical care at competitive prices has made it a top destination for international patients seeking advanced treatments, including wound care solutions. This influx of medical tourists is driving demand for advanced wound care technologies, contributing to the growth of the vacuum therapy devices market in the country.
List of Key Companies Profiled
- 3M Company
- Augusta Medical Systems
- Boston Scientific Corporation
- Cardinal Health, Inc.
- Coloplast Group
- Smith & Nephew plc
- Medela AG
- ConvaTec Inc.
- B.Braun Melsungen AG
Market Report Segmentation
By Product
- Negative Pressure Wound Therapy
- Vacuum Constriction Devices
By End Use
- Hospitals
- Clinics
- Others
By Application
- Chronic wounds
- Acute Wounds
- Erectile Dysfunction
By Type
- Non-Portable Vacuum Therapy Devices
- Portable Vacuum Therapy Devices
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Vacuum Therapy Devices Market by Product
Chapter 6. Asia Pacific Vacuum Therapy Devices Market by End Use
Chapter 7. Asia Pacific Vacuum Therapy Devices Market by Application
Chapter 8. Asia Pacific Vacuum Therapy Devices Market by Type
Chapter 9. Asia Pacific Vacuum Therapy Devices Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- 3M Company
- Augusta Medical Systems
- Boston Scientific Corporation
- Cardinal Health, Inc.
- Coloplast Group
- Smith & Nephew plc
- Medela AG
- ConvaTec Inc.
- B. Braun Melsungen AG
Methodology
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