pressure-relief-devices-market

Pressure Relief Devices Market By Device Type (Low-Tech Devices, High-Tech Devices), By Application (Pressure Ulcers, Burns, Surgical Wounds) - Growth, Share, Opportunities & Competitive Analysis, 2017 – 2025

10 Aug 2017 Format PDF icon PPT icon XLS icon Request Sample

Pressure ulcer is the localized injury on the skin or underlying tissue occurring due to external load. Body pressure is one of the most critical factors causing pressure ulcers. This condition can be prevented by the use of external support devices such as mattresses, specialty beds, cushions and overlays, collectively called as pressure relief devices. The market for pressure ulcers is anticipated to witness greater demand during the coming years due to growing incidence of pressure ulcers, increasing count of high risk geriatric population and growing pool of bed-ridden patients. Furthermore, easy availability of technologically advanced products supports the growth of this market. On the downside, requirement of skilled personnel for handling and usage of these products and high costs may hold back the growth of the global pressure relief devices market.

The purpose of this research study titled Pressure Relief Devices Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025’ is to provide investors, developers, company executives and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global pressure relief devices market. This report presents and analyzes the major trends prevalent in the global pressure relief devices market and the market size and forecast.

This report categorizes the global pressure relief devices market in terms of device type, usage areas and geographical distribution. Based on device type, the global pressure relief devices market is categorized into low-tech devices (foam-based mattresses, gel-filled mattresses, fiber-filled mattresses, air-filled mattresses and water/fluid-filled mattresses) and high-tech devices (dynamic air therapy beds and kinetic beds). Market size and forecast for each mentioned segment for the period 2015-2025 is presented in the report along with respective CAGRs for the forecast duration 2017-2025.

The market size and forecast of each considered geographical market is presented for the period 2015-2025 along with CAGRs for the forecast period 2017-2025 in this study and are further cross-sectional presented in terms of device type and constituent region/country level markets.

This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global pressure relief devices market. Competition assessment tools such as, major agreements, partnerships and collaborations, market attractiveness assessment and competitive landscape analysis by key players are also demonstrated in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the pressure relief devices market. The key players profiled in this report are 3M Health Care, ArjoHuntleigh, BSN Medical, Coloplast, ConvaTec, Covidien plc, Hill-Rom Holdings, Inc., Invacare Corporation, Kinetic Concepts, Inc., Paul Hartmann AG, Paramount Bed Holdings Co., Ltd, Smith & Nephew, Stryker Corporation and Talley Group Ltd.

Based on the type, the global pressure relief devices market is segmented as follows:

  • Low-tech Devices
    • Foam-based Mattresses
    • Gel-filled Mattresses
    • Fiber-filled Mattresses
    • Air-filled Mattresses
    • Water/Fluid-filled Mattresses
  • High-tech Devices
    • Dynamic Air Therapy Beds
    • Kinetic Beds

Low-tech devices, also called as static support devices enjoy higher preference in the market for cost-effective management of pressure ulcers. The demand for these products is higher in long-term care facilities. Factors such as cost-effective prevention of ulcers, less need for operative and handling skills, and wide availability are the key drivers of this segment. Among the various types of low-tech devices, foam-based mattresses and overlays have the larger revenue share and will continue to dominate the market. Easy operability and high purchase volume contribute to the dominance of this sub-segment. It is expected that the demand for high-tech devices will be greater than that for low-tech devices during the forecast period. Improvement in healthcare infrastructure in emerging economies, ease through automation and high demand for these systems in hospital settings are the major market drivers of this segment.

Geographically, the global pressure relief market is cumulative to North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

North America, and Western Europe together occupy the largest revenue share in the global pressure relief devices market. Evolved healthcare infrastructure in the regions, greater awareness between both patients and care-givers, higher affordability of high-end devices and favorable reimbursements are the key drivers in these regional markets. Additionally, higher incidence of pressure ulcers, significant geriatric population, and high demand from long-term care facilities further contribute to the dominance of North America market. On the other hand, Asia Pacific is expected to be the fastest progressing regional market for pressure relief devices. Proliferation of medical tourism, increasing awareness about prevention and management of pressure ulcers and growing demand for home healthcare in geriatric patient base contribute to the fast growth of Asia Pacific market.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Pressure Relief Devices market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Pressure Relief Devices market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Device
  • Low-tech Devices
    •     Foam-based Mattresses
    •     Gel-filled Mattresses
    •     Fiber-filled Mattresses
    •     Air-filled Mattresses
    •     Water/Fluid-filled Mattresses
  • High-tech Devices
    •     Dynamic Air Therapy Beds
    •     Kinetic Beds

Application
  • Pressure Ulcers
  • Burns
  • Surgical Wounds

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Pressure Relief Devices market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Pressure Relief Devices market?
  • Which is the largest regional market for Pressure Relief Devices market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Pressure Relief Devices market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Pressure Relief Devices market worldwide?
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