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Europe Vacuum Therapy Devices Market Size, Share & Trends Analysis Report By Product, By End Use (Hospitals, Clinics, and Others), By Application, By Type, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 128 Pages
  • August 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6004160
Description Jump to:
The Europe Vacuum Therapy Devices Market would witness market growth of 3.5% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Vacuum Therapy Devices Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $138.4 million by 2031. The UK market is exhibiting a CAGR of 2.6% during 2024-2031. Additionally, the France market would showcase a CAGR of 4.5% during 2024-2031.



The increasing prevalence of chronic lesions, such as pressure ulcers, diabetic ulcers, and venous leg ulcers, is one of the primary factors driving the vacuum therapy devices market. It is projected that there will be a considerable increase in the need for sophisticated wound care solutions like vacuum therapy as the population of the continues to age and the prevalence of chronic diseases rises.

Moreover, the development and adoption of vacuum therapy devices have been significantly influenced by technological advancements. Over the years, manufacturers have introduced a range of innovations to improve these devices' effectiveness, ease of use, and portability.

The demand for vacuum therapy devices is on the rise in Europe due to the rising prevalence of chronic lesions, an aging population, and high healthcare expenditure. In Germany, this demand is significantly influenced by the country’s substantial healthcare expenditure. According to the World Health Organization, Germany's current healthcare expenditure (CHE) represented about 13% of the GDP in 2022. This robust investment allows for the widespread adoption of advanced medical technologies, including vacuum therapy devices, particularly in managing complex wounds and post-surgical care.

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

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Vacuum Therapy Devices Market, by Product
1.4.2 Europe Vacuum Therapy Devices Market, by End Use
1.4.3 Europe Vacuum Therapy Devices Market, by Application
1.4.4 Europe Vacuum Therapy Devices Market, by Type
1.4.5 Europe Vacuum Therapy Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. Europe Vacuum Therapy Devices Market by Product
5.1 Europe Negative Pressure Wound Therapy Market by Country
5.2 Europe Vacuum Constriction Devices Market by Country
Chapter 6. Europe Vacuum Therapy Devices Market by End Use
6.1 Europe Hospitals Market by Country
6.2 Europe Clinics Market by Country
6.3 Europe Others Market by Country
Chapter 7. Europe Vacuum Therapy Devices Market by Application
7.1 Europe Chronic wounds Market by Country
7.2 Europe Acute Wounds Market by Country
7.3 Europe Erectile Dysfunction Market by Country
Chapter 8. Europe Vacuum Therapy Devices Market by Type
8.1 Europe Non-Portable Vacuum Therapy Devices Market by Country
8.2 Europe Portable Vacuum Therapy Devices Market by Country
Chapter 9. Europe Vacuum Therapy Devices Market by Country
9.1 Germany Vacuum Therapy Devices Market
9.1.1 Germany Vacuum Therapy Devices Market by Product
9.1.2 Germany Vacuum Therapy Devices Market by End Use
9.1.3 Germany Vacuum Therapy Devices Market by Application
9.1.4 Germany Vacuum Therapy Devices Market by Type
9.2 UK Vacuum Therapy Devices Market
9.2.1 UK Vacuum Therapy Devices Market by Product
9.2.2 UK Vacuum Therapy Devices Market by End Use
9.2.3 UK Vacuum Therapy Devices Market by Application
9.2.4 UK Vacuum Therapy Devices Market by Type
9.3 France Vacuum Therapy Devices Market
9.3.1 France Vacuum Therapy Devices Market by Product
9.3.2 France Vacuum Therapy Devices Market by End Use
9.3.3 France Vacuum Therapy Devices Market by Application
9.3.4 France Vacuum Therapy Devices Market by Type
9.4 Russia Vacuum Therapy Devices Market
9.4.1 Russia Vacuum Therapy Devices Market by Product
9.4.2 Russia Vacuum Therapy Devices Market by End Use
9.4.3 Russia Vacuum Therapy Devices Market by Application
9.4.4 Russia Vacuum Therapy Devices Market by Type
9.5 Spain Vacuum Therapy Devices Market
9.5.1 Spain Vacuum Therapy Devices Market by Product
9.5.2 Spain Vacuum Therapy Devices Market by End Use
9.5.3 Spain Vacuum Therapy Devices Market by Application
9.5.4 Spain Vacuum Therapy Devices Market by Type
9.6 Italy Vacuum Therapy Devices Market
9.6.1 Italy Vacuum Therapy Devices Market by Product
9.6.2 Italy Vacuum Therapy Devices Market by End Use
9.6.3 Italy Vacuum Therapy Devices Market by Application
9.6.4 Italy Vacuum Therapy Devices Market by Type
9.7 Rest of Europe Vacuum Therapy Devices Market
9.7.1 Rest of Europe Vacuum Therapy Devices Market by Product
9.7.2 Rest of Europe Vacuum Therapy Devices Market by End Use
9.7.3 Rest of Europe Vacuum Therapy Devices Market by Application
9.7.4 Rest of Europe Vacuum Therapy Devices Market by Type
Chapter 10. Company Profiles
10.1 3M Company
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 Augusta Medical Systems
10.2.1 Company Overview
10.2.2 SWOT Analysis
10.3 Boston Scientific Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments
10.3.5.1 Acquisition and Mergers
10.3.6 SWOT Analysis
10.4 Cardinal Health, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 SWOT Analysis
10.5 Coloplast Group
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Smith & Nephew PLC
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional and Segmental Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 Medela AG
10.7.1 Company Overview
10.7.2 Recent strategies and developments
10.7.2.1 Product Launches and Product Expansions
10.7.2.2 Geographical Expansions
10.7.3 SWOT Analysis
10.8 ConvaTec Group PLC
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional Analysis
10.8.4 Research & Development Expense
10.8.5 SWOT Analysis
10.9 B. Braun Melsungen AG
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis

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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About the Vacuum Therapy Device Market

The Vacuum Therapy Device market is a subset of the Medical Devices industry. Vacuum Therapy Devices are used to treat a variety of medical conditions, including chronic wounds, lymphedema, and venous insufficiency. These devices use negative pressure to promote healing and reduce swelling. They are typically used in conjunction with other treatments, such as compression therapy and wound dressings. Vacuum Therapy Devices are available in a variety of sizes and configurations, and can be used in both home and clinical settings. Some of the companies in the Vacuum Therapy Device market include Smith & Nephew, Acelity, Mölnlycke Health Care, and ConvaTec. Show Less Read more

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