Global Vacuum Therapy Devices Market Insights Forecasts to 2033

• The Global Vacuum Therapy Devices Market Size was Valued at USD 1.88 Billion in 2023
• The Market Size is Growing at a CAGR of 3.84% from 2023 to 2033
• The Worldwide Vacuum Therapy Devices Market Size is Expected to Reach USD 2.74 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Vacuum Therapy Devices Market Size is Anticipated to Exceed USD 2.74 Billion by 2033, Growing at a CAGR of 3.84% from 2023 to 2033.  

Market Overview

A vacuum treatment device is a mechanical tool that massages the skin and improves the body using suction cups. Vacuum treatment devices can help heal wounds, increase blood flow, and treat a variety of other ailments by using suction to remove air from a cupped region of the skin. Vacuum therapy can remove metabolic waste products, promote the creation of elasticity and collagen, and improve circulation. In addition to its fat-burning benefits, vacuum treatment also relaxes the muscles, removes the skin, and gives it smoothness. The need for vacuum treatment devices, which are crucial in controlling surgical wounds, lowering edema, and quickening recovery, is also increasing due to the growing frequency of surgical procedures in orthopedics, cardiovascular care, and plastic surgery. The growing number of operations, the aging population, which is more susceptible to diseases including diabetes and pressure ulcers, and the occurrence of chronic wounds are all factors driving the growth in the vacuum therapy devices market.  

Report Coverage

This research report categorizes the vacuum therapy devices market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the vacuum therapy devices market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the vacuum therapy devices market.

Driving Factors

The market is driving as a result of recent innovations such as lightweight NPWT devices and the incorporation of digital technology like smart sensors and smartphone apps for real-time monitoring. Companies are investing in research and development to fulfill a variety of patient demands, and this is driving market growth through regulatory approvals and the launch of new products. The PICO system is especially well-suited for outpatient and home care settings due to its easy application process, which enables speedy setup by both patients and healthcare providers. This property drives the demand in the vacuum therapy devices market.

Restraining Factors

Promoting vacuum therapy devices as a viable alternative is made more difficult by the perceived need for and efficacy of surgical solutions, especially since these devices are viewed as supplemental rather than necessary. As a result, the availability of alternatives can restrict the vacuum therapy devices market.

Market Segmentation

The vacuum therapy devices market share is classified into product, type, and application.  

• The negative pressure wound therapy segment is estimated to hold the largest market revenue share through the projected period.  

Based on the product, the vacuum therapy devices market is classified into negative pressure wound therapy and vacuum constriction devices. Among these, the negative pressure wound therapy segment is estimated to hold the largest market revenue share through the projected period. The increasing frequency of chronic wounds, the wide range of clinical uses, and technological developments in negative pressure wound therapy. By providing negative pressure to a wound, NPWT helps to reduce edema, eliminate exudate, and encourage the creation of granulation tissue.

• The non-portable vacuum therapy devices segment is anticipated to hold the largest market share through the forecast period.

Based on the type, the vacuum therapy devices market is divided into non-portable vacuum therapy devices and portable vacuum therapy devices. Among these, the non-portable vacuum therapy devices segment is anticipated to hold the largest market share through the forecast period. In hospitals, non-portable vacuum treatment devices are mostly used to treat major burns, post-surgical wounds requiring critical care, and severe chronic wounds. 

• The chronic wounds segment is anticipated to hold the largest market share through the forecast period.

Based on the application, the vacuum therapy devices market is divided into chronic wounds, acute wounds, and erectile dysfunction. Among these, the chronic wounds segment is anticipated to hold the largest market share through the forecast period. The high frequency of chronic wounds, the efficiency of vacuum therapy in treating these disorders, and the continuous progress in device technology are the factors responsible for chronic wounds.  

Regional Segment Analysis of the Vacuum Therapy Devices Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the vacuum therapy devices market over the predicted timeframe.

North America is anticipated to hold the largest share of the vacuum therapy devices market over the predicted timeframe. The high incidence of chronic wounds and high surgical volume, along with a sophisticated healthcare system and substantial healthcare spending, are attributed to North America. Over one in seven Medicare members received a major surgery over five years, representing nearly 5 million distinct older individuals, and nearly nine major procedures were conducted for every 100 older adults in the U.S., according to the National Library of Medicine. The existence of significant industry participants and ongoing advancements in product functionality and design support the expansion of this market in this area.   

Asia Pacific is expected to grow at the fastest CAGR growth of the vacuum therapy devices market during the forecast period. The Asia Pacific region's improved healthcare infrastructure, rising healthcare expenditures, and the rising incidence of chronic wounds are driving the vacuum therapy devices market. Due to their sizable patient populations and increasing use of cutting-edge medical technologies, nations like China and India have made significant contributions to this rise. Growth in this region is also being driven by the opening of more healthcare facilities and rising public knowledge of contemporary wound care options.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the vacuum therapy devices market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Smith & Nephew
• Cork Medical
• ConvaTec Inc.
• 3M
• Augustus Medical Systems
• Vacurect
• Boston Scientific Corporation
• Coloplast Corp
• Cardinal Health
• Molonlycke Healthcare AB
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In April 2024, The RENASYS EDGE Negative Pressure Wound Therapy (NPWT) System from the medical technology business Smith Nephew was launched in the United States. The goal of the NPWT System is to enhance patient care for patients with chronic wounds, including ulcers, at home.

• In September 2023, to improve patient care, Cork Medical launched the Nisus Touch NPWT System, a novel negative pressure wound therapy tool. Its lightweight, portable design and user-friendly interface make it suitable for usage in a variety of healthcare environments. By delivering customizable pressure levels and longer battery life, it aims to increase the effectiveness of wound healing and patient comfort.   

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the vacuum therapy devices market based on the below-mentioned segments: 

Global Vacuum Therapy Devices Market, By Product  

• Negative Pressure Wound Therapy
• Vacuum Constriction Devices

Global Vacuum Therapy Devices Market, By Type

• Non-Portable Vacuum Therapy Devices
• Portable Vacuum Therapy Devices

Global Vacuum Therapy Devices Market, By Application

• Chronic wounds
• Acute Wounds
• Erectile Dysfunction

Global Vacuum Therapy Devices Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa