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

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    Report

  • 256 Pages
  • August 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6004116
The Global Vacuum Therapy Devices Market size is expected to reach $2.2 billion by 2031, rising at a market growth of 3.8% CAGR during the forecast period.

In Japan, the aging population is a primary factor driving the rising demand for vacuum therapy devices. According to the Statistics Bureau of Japan, the population aged 65 years and over was 36.23 million (29.0 percent of the total population) in 2022, making it one of the oldest populations in the world. This demographic trend is leading to an increase in age-related health issues, including chronic wounds such as pressure ulcers and venous leg ulcers, which are prevalent among the elderly. Thus, the Asia Pacific market acquired 25.4% revenue share in the market 2023.



Vacuum therapy devices, which have been shown to be helpful in accelerating wound healing, are anticipated to considerably decrease the global burden of chronic wounds. Hence, the growing need for effective and innovative treatment options is expected to drive the continued expansion of the vacuum therapy devices market in the coming years.

Additionally, patients educated about the benefits of advanced wound care are more likely to seek out these treatments and adhere to prescribed therapy regimens. Thus, this growing awareness among healthcare providers and patients contributes to the widespread adoption of vacuum therapy devices across various healthcare settings.

However, the perceived effectiveness and necessity of surgical options further contribute to the challenge of promoting vacuum therapy devices as a viable alternative, particularly when these devices are seen as supplementary rather than essential. Thus, the availability of alternatives may hamper the growth of the market.



The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.

Driving and Restraining Factors

Drivers

  • Rising prevalence of chronic wounds
  • Increasing awareness and adoption of advanced wound care
  • Growing healthcare expenditure globally

Restraints

  • High cost associated with vacuum therapy devices
  • Availability of alternative treatment options

Opportunities

  • Government support and favorable reimbursement policies
  • Expansion of home healthcare segment

Challenges

  • Limited awareness and training among healthcare professionals
  • Stringent regulatory requirements

Product Outlook

End Use Outlook

On the basis of end use, the market is classified into hospitals, clinics, and others. The hospitals segment acquired 62% revenue share in the market in 2023. This dominant position is largely due to the extensive use of vacuum therapy devices in hospital settings, particularly for managing complex and chronic wounds, post-surgical care, and other critical care applications.



Application Outlook

By application, the market is divided into chronic wounds, acute wounds, and erectile dysfunction. The chronic wounds segment witnessed 52% revenue share in the market in 2023. This is primarily attributable to the extensive utilization of vacuum therapy, particularly negative pressure wound therapy (NPWT), in the treatment of chronic wounds.

Type Outlook

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment witnessed 30% revenue share in the vacuum therapy devices market in 2023. Increasing rates of diabetes and other comorbidities, as well as the aging populations, have resulted in a high incidence of chronic ulcers in European countries like the United Kingdom, France, and Germany.

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 Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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 Global Vacuum Therapy Devices Market, by Product
1.4.2 Global Vacuum Therapy Devices Market, by End Use
1.4.3 Global Vacuum Therapy Devices Market, by Application
1.4.4 Global Vacuum Therapy Devices Market, by Type
1.4.5 Global Vacuum Therapy Devices Market, by Geography
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. Global Vacuum Therapy Devices Market by Product
5.1 Global Negative Pressure Wound Therapy Market by Region
5.2 Global Vacuum Constriction Devices Market by Region
Chapter 6. Global Vacuum Therapy Devices Market by End Use
6.1 Global Hospitals Market by Region
6.2 Global Clinics Market by Region
6.3 Global Others Market by Region
Chapter 7. Global Vacuum Therapy Devices Market by Application
7.1 Global Chronic wounds Market by Region
7.2 Global Acute Wounds Market by Region
7.3 Global Erectile Dysfunction Market by Region
Chapter 8. Global Vacuum Therapy Devices Market by Type
8.1 Global Non-Portable Vacuum Therapy Devices Market by Region
8.2 Global Portable Vacuum Therapy Devices Market by Region
Chapter 9. Global Vacuum Therapy Devices Market by Region
9.1 North America Vacuum Therapy Devices Market
9.1.1 North America Vacuum Therapy Devices Market by Product
9.1.1.1 North America Negative Pressure Wound Therapy Market by Region
9.1.1.2 North America Vacuum Constriction Devices Market by Region
9.1.2 North America Vacuum Therapy Devices Market by End Use
9.1.2.1 North America Hospitals Market by Country
9.1.2.2 North America Clinics Market by Country
9.1.2.3 North America Others Market by Country
9.1.3 North America Vacuum Therapy Devices Market by Application
9.1.3.1 North America Chronic wounds Market by Country
9.1.3.2 North America Acute Wounds Market by Country
9.1.3.3 North America Erectile Dysfunction Market by Country
9.1.4 North America Vacuum Therapy Devices Market by Type
9.1.4.1 North America Non-Portable Vacuum Therapy Devices Market by Country
9.1.4.2 North America Portable Vacuum Therapy Devices Market by Country
9.1.5 North America Vacuum Therapy Devices Market by Country
9.1.5.1 US Vacuum Therapy Devices Market
9.1.5.1.1 US Vacuum Therapy Devices Market by Product
9.1.5.1.2 US Vacuum Therapy Devices Market by End Use
9.1.5.1.3 US Vacuum Therapy Devices Market by Application
9.1.5.1.4 US Vacuum Therapy Devices Market by Type
9.1.5.2 Canada Vacuum Therapy Devices Market
9.1.5.2.1 Canada Vacuum Therapy Devices Market by Product
9.1.5.2.2 Canada Vacuum Therapy Devices Market by End Use
9.1.5.2.3 Canada Vacuum Therapy Devices Market by Application
9.1.5.2.4 Canada Vacuum Therapy Devices Market by Type
9.1.5.3 Mexico Vacuum Therapy Devices Market
9.1.5.3.1 Mexico Vacuum Therapy Devices Market by Product
9.1.5.3.2 Mexico Vacuum Therapy Devices Market by End Use
9.1.5.3.3 Mexico Vacuum Therapy Devices Market by Application
9.1.5.3.4 Mexico Vacuum Therapy Devices Market by Type
9.1.5.4 Rest of North America Vacuum Therapy Devices Market
9.1.5.4.1 Rest of North America Vacuum Therapy Devices Market by Product
9.1.5.4.2 Rest of North America Vacuum Therapy Devices Market by End Use
9.1.5.4.3 Rest of North America Vacuum Therapy Devices Market by Application
9.1.5.4.4 Rest of North America Vacuum Therapy Devices Market by Type
9.2 Europe Vacuum Therapy Devices Market
9.2.1 Europe Vacuum Therapy Devices Market by Product
9.2.1.1 Europe Negative Pressure Wound Therapy Market by Country
9.2.1.2 Europe Vacuum Constriction Devices Market by Country
9.2.2 Europe Vacuum Therapy Devices Market by End Use
9.2.2.1 Europe Hospitals Market by Country
9.2.2.2 Europe Clinics Market by Country
9.2.2.3 Europe Others Market by Country
9.2.3 Europe Vacuum Therapy Devices Market by Application
9.2.3.1 Europe Chronic wounds Market by Country
9.2.3.2 Europe Acute Wounds Market by Country
9.2.3.3 Europe Erectile Dysfunction Market by Country
9.2.4 Europe Vacuum Therapy Devices Market by Type
9.2.4.1 Europe Non-Portable Vacuum Therapy Devices Market by Country
9.2.4.2 Europe Portable Vacuum Therapy Devices Market by Country
9.2.5 Europe Vacuum Therapy Devices Market by Country
9.2.5.1 Germany Vacuum Therapy Devices Market
9.2.5.1.1 Germany Vacuum Therapy Devices Market by Product
9.2.5.1.2 Germany Vacuum Therapy Devices Market by End Use
9.2.5.1.3 Germany Vacuum Therapy Devices Market by Application
9.2.5.1.4 Germany Vacuum Therapy Devices Market by Type
9.2.5.2 UK Vacuum Therapy Devices Market
9.2.5.2.1 UK Vacuum Therapy Devices Market by Product
9.2.5.2.2 UK Vacuum Therapy Devices Market by End Use
9.2.5.2.3 UK Vacuum Therapy Devices Market by Application
9.2.5.2.4 UK Vacuum Therapy Devices Market by Type
9.2.5.3 France Vacuum Therapy Devices Market
9.2.5.3.1 France Vacuum Therapy Devices Market by Product
9.2.5.3.2 France Vacuum Therapy Devices Market by End Use
9.2.5.3.3 France Vacuum Therapy Devices Market by Application
9.2.5.3.4 France Vacuum Therapy Devices Market by Type
9.2.5.4 Russia Vacuum Therapy Devices Market
9.2.5.4.1 Russia Vacuum Therapy Devices Market by Product
9.2.5.4.2 Russia Vacuum Therapy Devices Market by End Use
9.2.5.4.3 Russia Vacuum Therapy Devices Market by Application
9.2.5.4.4 Russia Vacuum Therapy Devices Market by Type
9.2.5.5 Spain Vacuum Therapy Devices Market
9.2.5.5.1 Spain Vacuum Therapy Devices Market by Product
9.2.5.5.2 Spain Vacuum Therapy Devices Market by End Use
9.2.5.5.3 Spain Vacuum Therapy Devices Market by Application
9.2.5.5.4 Spain Vacuum Therapy Devices Market by Type
9.2.5.6 Italy Vacuum Therapy Devices Market
9.2.5.6.1 Italy Vacuum Therapy Devices Market by Product
9.2.5.6.2 Italy Vacuum Therapy Devices Market by End Use
9.2.5.6.3 Italy Vacuum Therapy Devices Market by Application
9.2.5.6.4 Italy Vacuum Therapy Devices Market by Type
9.2.5.7 Rest of Europe Vacuum Therapy Devices Market
9.2.5.7.1 Rest of Europe Vacuum Therapy Devices Market by Product
9.2.5.7.2 Rest of Europe Vacuum Therapy Devices Market by End Use
9.2.5.7.3 Rest of Europe Vacuum Therapy Devices Market by Application
9.2.5.7.4 Rest of Europe Vacuum Therapy Devices Market by Type
9.3 Asia Pacific Vacuum Therapy Devices Market
9.3.1 Asia Pacific Vacuum Therapy Devices Market by Product
9.3.1.1 Asia Pacific Negative Pressure Wound Therapy Market by Country
9.3.1.2 Asia Pacific Vacuum Constriction Devices Market by Country
9.3.2 Asia Pacific Vacuum Therapy Devices Market by End Use
9.3.2.1 Asia Pacific Hospitals Market by Country
9.3.2.2 Asia Pacific Clinics Market by Country
9.3.2.3 Asia Pacific Others Market by Country
9.3.3 Asia Pacific Vacuum Therapy Devices Market by Application
9.3.3.1 Asia Pacific Chronic wounds Market by Country
9.3.3.2 Asia Pacific Acute Wounds Market by Country
9.3.3.3 Asia Pacific Erectile Dysfunction Market by Country
9.3.4 Asia Pacific Vacuum Therapy Devices Market by Type
9.3.4.1 Asia Pacific Non-Portable Vacuum Therapy Devices Market by Country
9.3.4.2 Asia Pacific Portable Vacuum Therapy Devices Market by Country
9.3.5 Asia Pacific Vacuum Therapy Devices Market by Country
9.3.5.1 China Vacuum Therapy Devices Market
9.3.5.1.1 China Vacuum Therapy Devices Market by Product
9.3.5.1.2 China Vacuum Therapy Devices Market by End Use
9.3.5.1.3 China Vacuum Therapy Devices Market by Application
9.3.5.1.4 China Vacuum Therapy Devices Market by Type
9.3.5.2 Japan Vacuum Therapy Devices Market
9.3.5.2.1 Japan Vacuum Therapy Devices Market by Product
9.3.5.2.2 Japan Vacuum Therapy Devices Market by End Use
9.3.5.2.3 Japan Vacuum Therapy Devices Market by Application
9.3.5.2.4 Japan Vacuum Therapy Devices Market by Type
9.3.5.3 India Vacuum Therapy Devices Market
9.3.5.3.1 India Vacuum Therapy Devices Market by Product
9.3.5.3.2 India Vacuum Therapy Devices Market by End Use
9.3.5.3.3 India Vacuum Therapy Devices Market by Application
9.3.5.3.4 India Vacuum Therapy Devices Market by Type
9.3.5.4 South Korea Vacuum Therapy Devices Market
9.3.5.4.1 South Korea Vacuum Therapy Devices Market by Product
9.3.5.4.2 South Korea Vacuum Therapy Devices Market by End Use
9.3.5.4.3 South Korea Vacuum Therapy Devices Market by Application
9.3.5.4.4 South Korea Vacuum Therapy Devices Market by Type
9.3.5.5 Singapore Vacuum Therapy Devices Market
9.3.5.5.1 Singapore Vacuum Therapy Devices Market by Product
9.3.5.5.2 Singapore Vacuum Therapy Devices Market by End Use
9.3.5.5.3 Singapore Vacuum Therapy Devices Market by Application
9.3.5.5.4 Singapore Vacuum Therapy Devices Market by Type
9.3.5.6 Malaysia Vacuum Therapy Devices Market
9.3.5.6.1 Malaysia Vacuum Therapy Devices Market by Product
9.3.5.6.2 Malaysia Vacuum Therapy Devices Market by End Use
9.3.5.6.3 Malaysia Vacuum Therapy Devices Market by Application
9.3.5.6.4 Malaysia Vacuum Therapy Devices Market by Type
9.3.5.7 Rest of Asia Pacific Vacuum Therapy Devices Market
9.3.5.7.1 Rest of Asia Pacific Vacuum Therapy Devices Market by Product
9.3.5.7.2 Rest of Asia Pacific Vacuum Therapy Devices Market by End Use
9.3.5.7.3 Rest of Asia Pacific Vacuum Therapy Devices Market by Application
9.3.5.7.4 Rest of Asia Pacific Vacuum Therapy Devices Market by Type
9.4 LAMEA Vacuum Therapy Devices Market
9.4.1 LAMEA Vacuum Therapy Devices Market by Product
9.4.1.1 LAMEA Negative Pressure Wound Therapy Market by Country
9.4.1.2 LAMEA Vacuum Constriction Devices Market by Country
9.4.2 LAMEA Vacuum Therapy Devices Market by End Use
9.4.2.1 LAMEA Hospitals Market by Country
9.4.2.2 LAMEA Clinics Market by Country
9.4.2.3 LAMEA Others Market by Country
9.4.3 LAMEA Vacuum Therapy Devices Market by Application
9.4.3.1 LAMEA Chronic wounds Market by Country
9.4.3.2 LAMEA Acute Wounds Market by Country
9.4.3.3 LAMEA Erectile Dysfunction Market by Country
9.4.4 LAMEA Vacuum Therapy Devices Market by Type
9.4.4.1 LAMEA Non-Portable Vacuum Therapy Devices Market by Country
9.4.4.2 LAMEA Portable Vacuum Therapy Devices Market by Country
9.4.5 LAMEA Vacuum Therapy Devices Market by Country
9.4.5.1 Brazil Vacuum Therapy Devices Market
9.4.5.1.1 Brazil Vacuum Therapy Devices Market by Product
9.4.5.1.2 Brazil Vacuum Therapy Devices Market by End Use
9.4.5.1.3 Brazil Vacuum Therapy Devices Market by Application
9.4.5.1.4 Brazil Vacuum Therapy Devices Market by Type
9.4.5.2 Argentina Vacuum Therapy Devices Market
9.4.5.2.1 Argentina Vacuum Therapy Devices Market by Product
9.4.5.2.2 Argentina Vacuum Therapy Devices Market by End Use
9.4.5.2.3 Argentina Vacuum Therapy Devices Market by Application
9.4.5.2.4 Argentina Vacuum Therapy Devices Market by Type
9.4.5.3 UAE Vacuum Therapy Devices Market
9.4.5.3.1 UAE Vacuum Therapy Devices Market by Product
9.4.5.3.2 UAE Vacuum Therapy Devices Market by End Use
9.4.5.3.3 UAE Vacuum Therapy Devices Market by Application
9.4.5.3.4 UAE Vacuum Therapy Devices Market by Type
9.4.5.4 Saudi Arabia Vacuum Therapy Devices Market
9.4.5.4.1 Saudi Arabia Vacuum Therapy Devices Market by Product
9.4.5.4.2 Saudi Arabia Vacuum Therapy Devices Market by End Use
9.4.5.4.3 Saudi Arabia Vacuum Therapy Devices Market by Application
9.4.5.4.4 Saudi Arabia Vacuum Therapy Devices Market by Type
9.4.5.5 South Africa Vacuum Therapy Devices Market
9.4.5.5.1 South Africa Vacuum Therapy Devices Market by Product
9.4.5.5.2 South Africa Vacuum Therapy Devices Market by End Use
9.4.5.5.3 South Africa Vacuum Therapy Devices Market by Application
9.4.5.5.4 South Africa Vacuum Therapy Devices Market by Type
9.4.5.6 Nigeria Vacuum Therapy Devices Market
9.4.5.6.1 Nigeria Vacuum Therapy Devices Market by Product
9.4.5.6.2 Nigeria Vacuum Therapy Devices Market by End Use
9.4.5.6.3 Nigeria Vacuum Therapy Devices Market by Application
9.4.5.6.4 Nigeria Vacuum Therapy Devices Market by Type
9.4.5.7 Rest of LAMEA Vacuum Therapy Devices Market
9.4.5.7.1 Rest of LAMEA Vacuum Therapy Devices Market by Product
9.4.5.7.2 Rest of LAMEA Vacuum Therapy Devices Market by End Use
9.4.5.7.3 Rest of LAMEA Vacuum Therapy Devices Market by Application
9.4.5.7.4 Rest of LAMEA 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
Chapter 11. Winning Imperatives for Vacuum Therapy Devices Market

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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