With the introduction of the Affordable Care Act, a shift has occurred which moved care out of acute care centers, due to the cost burden it places on the U.S. medical system. Home care is the most economical place to deliver care; therefore, the lowest reimbursement rate is associated with it. Reimbursement rates are beginning to be more competitive for home care and long-term acute centers to try and entice patients to be moved to those areas more quickly. Over the forecast period, a shift from acute care to home care or long-term centers is expected.
Negative pressure wound therapy (NPWT), or vacuum assisted closure (VAC), is used to promote the healing of large or chronic wounds, to fight infection and enhance the healing of burns. A vacuum is used to reduce pressure around the wound, drawing out excess wound fluid and cellular wastes. A gauze or foam dressing containing a drainage tube is applied to a deep, or irregularly shaped, chronic or surgical wound and is sealed with transparent film. The tube is connected to a pump that applies subatmospheric pressure to the wound bed, removing fluid, allowing blood vessels to dilate and enhancing granulation of wound tissue. The vacuum may be applied continuously or intermittently, depending on the type of wound being treated and the clinical objectives. Intermittent removal of wound exudates supports the cleaning and drainage of the wound bed and the removal of infectious material.
NPWT is one of the modern advancements in the treatment of chronic wounds. Treatment requires a negative pressure pump, a canister and a dressing. There are three types of pumps available: standalone or stationary pumps, portable pumps and disposable or single-use pumps. Pumps can be bought or rented, but, in the past few years, a new business model has emerged whereby hospitals receive the pump for free and pay only for the canisters and dressings. This model has arisen primarily due to increasing competition and also due to the fact that a hospital that receives a NPWT pump from a certain competitor will be using that competitor’s canisters and dressings for the duration of the contract.
Report Regional Coverage
Throughout this research series, iData has covered several countries in great detail. Each country may be purchased as a stand-alone report, tailoring the data to your needs. The covered countries are:
- United States
- Europe (15 countries including: Germany, France, U.K., Italy, Spain, Benelux (Belgium, Netherlands and Luxembourg), Scandinavia (Denmark, Finland, Norway and Sweden) Austria, Switzerland and Portugal)
Highly Detailed Segmentation
- Conventional NPWT Pump Rental Market
- NPWT Dressing Kit Market
- NPWT Canister Market
Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- 10 Year Scope (3 Year Historical + 7 Year Forecast Period)
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares
- Product Portfolios
- Related Press Releases from Top Competitors
Negative Pressure Wound Therapy Market Share Insights
The leading competitor in the U.S. and Europe NPWT market was KCI, now part of Acelity group. They were the first-to-market NPWT and were the only manufacturers of this technology for several years. Their NPWT product line is managed by their Active Healing Solutions (AHS) Business unit, which also manages related products, including their proprietary Negative Pressure Technology Platform™, Negative Pressure Surgical Management™ and Negative Pressure Regenerative Medicine™. Their vacuum-assisted closure (VAC) products are used in the acute care, long-term care and home setting. The V.A.C™ product line includes therapy units and systems, dressings, canisters and other accessories.
Acelity is trying to maintain their competitive edge by advancing the indications for their NPWT, or VAC, therapy. Their products are not only being used for healing chronic wounds, they are also being used for closing surgical wounds of the abdomen and to aid in grafting tissue to burns on the body. Their success lies in the hospital setting with their traditional V.A.C systems and newer technology, such as the Prevena™. In December 2015, Acelity acquired the SNAP® disposable NPWT system from Spiracur to expand their offering in portable, non-powered NPWT technology.
Smith & Nephew was the second-leading competitor in the Europe NPWT market. The company offers the RenaSys® EZ PLUS and RenaSys® Go products, which can be used for traumatic, chronic and surgical wounds. Smith & Nephew entered the NPWT market with competitive pricing and simple, effective products. The release of the single-use pump, PicoTM, has gained significant traction for Smith & Nephew in the market. In 2018, they released their new PicoTM 7 and PicoTM 7Y NPWT pumps. PicoTM 7Y is the first pump to have the ability to treat two wounds simultaneously.
All Companies Analyzed in this Study
About Our In-Depth MedCore Research
Our analysts meticulously research for up to 3 to 4 months to put together one suite of reports (MedSuite), which is a comprehensive analysis on a group of healthcare markets. A MedCore is one portion of that analysis that focuses on one market segment, and provides further detailed segmentation to get a much more granular set of market data.
This MedCore is also found in the full report suite titled United States Market Report Suite for Wound and Tissue Management – MedSuite