Negative-pressure Wound Therapy (NPWT) Market Size

Negative-pressure Wound Therapy (NPWT) Market size was valued at USD 2.56 billion in 2024 and is likely to reach USD 5.8 billion by 2037, registering around 6.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of negative-pressure wound therapy is estimated at USD 2.69 billion.

 The growth of the market is primarily attributed to worldwide increasing prevalence of acute and chronic wounds. For instance, around 4% of all patients in hospitals throughout the world have a chronic wound. In most cases 70% of these wounds resurface, and 34% caused by infection.

Negative pressure wound therapy, also referred as vacuum aided wound closure, is used for wound healing and fluid removal from the site of an open wound. NPWT is a non-invasive procedure that employs controlled negative pressure. These devices are frequently used in the treatment of diabetic foot ulcers, venous leg ulcers, and surgical wounds. Thus growing number of surgeries are fueling up the growth of the negative-pressure wound therapy (NPWT) market in the forecast period. For instance, every year, approximately 315 million major surgeries are performed worldwide, out of which, 40 to 51 million in the United States and 21 million in Europe.