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
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
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.
Based on Product, the market is segmented into Negative Pressure Wound Therapy and Vacuum Constriction Devices. Based on End Use, the market is segmented into Hospitals, Clinics, and Others. Based on Application, the market is segmented into Chronic wounds, Acute Wounds, and Erectile Dysfunction. Based on Type, the market is segmented into Non-Portable Vacuum Therapy Devices and Portable Vacuum Therapy Devices. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
Europe Vacuum Therapy Devices 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
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