Shining Growth Prospects in Pipeline for Pressure Relief Dev
- Sedentary lifestyle has engulfed a large population base across the world and has led to an increase in the pressure ulcers cases, thus bringing tremendous growth opportunities for the pressure relief devices market
- The global pressure relief devices market is expected to expand at a high CAGR from 2020 to 2030
ALBANY, N.Y, Aug. 17, 2020 /PRNewswire/ -- The pressure relief devices market may bank greatly on the rising awareness about pressure ulcers and the increase in demand for pressure relief devices to treat the same. Advancements in technology for treating pressure ulcers and a considerable increase in the geriatric population are bringing immense growth opportunities for the pressure relief devices market.
The Transparency Market Research (TMR) analysts speculate the global pressure relief devices market to expand at a promising CAGR through the forecast period of 2020-2030. The global pressure relief devices market was projected to be valued at US$ 2.6 bn in 2019.
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The COVID-19 outbreak has led to tremendous strain on the healthcare sector. The rising number of patients is pressing the need for more beds. Local bodies in collaboration with NGOs are offering more foam-based mattresses to COVID-19 care centers for preventing pressure injuries in the infected patients. This aspect is bringing tremendous growth opportunities for the pressure relief devices market during 2020-2030.
Pressure Relief Devices Market: Expert View
The analysts at Transparency Market Research attribute the mattresses used in COVID-19 centers as a prominent growth aspect. At the same time, the analysts advise the manufacturers in the pressure relief devices market to follow strict safety guidelines and develop the products accordingly.
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The analysts also point out the prospective growth opportunities for the pressure relief devices market through air fluidized therapeutic beds and low air loss mattresses due to their surging popularity.
Pressure Relief Devices Market: Key Findings
- In terms of the end-user, the hospital segment dominated the pressure relief devices market in 2019
- The low-tech devices held a considerable share of the pressure relief devices market in 2019
- The pressure ulcers segment brought expansive growth for the pressure relief devices market in 2019
- Asia Pacific is anticipated to expand at a promising CAGR from 2020 to 2030
Explore 223 pages of cutting-edge research, extensive insights, and detailed projections. Analyze and discover the latest developments in the Pressure Relief Devices Market (Product Type: Low-tech Devices and Hi-tech Devices; Application: Pressure Ulcers, Burns, Surgical Wounds, and Others; and End User: Hospitals, Home Care, Long-term Care Centers, Rehabilitation Centers, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030 at https://www.transparencymarketresearch.com/report-toc/1743
Pressure Relief Devices Market: Growth Propellers
The Agency for Healthcare Research and Quality has found out that more than 2.5 mn people in the U.S. develop pressure ulcers every year. These statistics highlight the growing influence of pressure ulcers and the need to tackle it. Therefore, such aspects bring tremendous growth opportunities for the pressure relief devices market. The ongoing development of healthcare infrastructure on a large scale across the globe due to the emergence of COVID-19 is expected to bring extensive growth opportunities for the pressure relief devices market.
- Awareness campaigns regarding the treatment of pressure ulcers may bring good growth opportunities for the pressure relief devices market.
- Technological advancements and innovations across the pressure relief devices market are sowing the seeds of growth across the pressure relief devices market.
- Smart therapeutic beds are inviting magnifying growth for the pressure relief devices market.
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Pressure Relief Devices Market: Geographical Dimensions
The pressure relief devices market is spread across Asia Pacific, Latin America, the Middle East and Africa, North America, and Europe. Asia Pacific may record a robust CAGR across the forecast period of 2020-2030.
Densely populated countries like China and India may bring substantial growth for the pressure relief devices market. Japan may also prove to be a good growth accelerator for the pressure relief devices market. The increasing prevalence of the geriatric population across Asia Pacific may also bring tremendous growth opportunities for the pressure relief devices market during the forecast period.
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Global Pressure Relief Devices Market: Segmentation
By Product Type
- Low-tech Devices
- Foam-based Mattress
- Gel-based Mattress
- Air Filled Mattress Water/Fluid Filled Mattress
- Hi-tech Devices
- Kinetic Beds
- Air Therapy Beds
- By Application
- Pressure Ulcers Burns
- Surgical Wounds
By End User
- Home Care
- Long-term Care Centers
- Rehabilitation Centers
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Explore Transparency Market Research's award-winning coverage of the global Healthcare Industry:
Pressure Ulcers Treatment Market: The global market for pressure ulcers treatment is expected to witness healthy growth with the increasing awareness about the negative impacts of pressure ulcers on patients' health and their quality of life. The market is expected to reach a valuation of ~US$ 4.8 billion in 2019, and the adoption of digital monitoring systems in pressure ulcer prevention protocols is expected to have a significant impact on the developments in the pressure ulcers treatment market.
Wound Healing Market: The rising need for advanced wound care products, owing to the rising number of accidents across the globe is projected to encourage the growth of the wound healing market in the next few years. According to the market research study published by Transparency Market Research, the global wound healing market is expected to reach a value of US$35,065.7 mn by the end of 2025. The market is predicted to register a healthy 4.80% CAGR between 2017 and 2025.
Burn Injury Treatment Market: According to Transparency Market Research's latest market report on the burn injury treatment market for the historical period of 2017–2018 and forecast period of 2019-2027, increase in the prevalence of burn injuries, rise in the adoption of artificial skin substitutes, and surge in the demand for advanced treatment are factors anticipated to drive the global burn injury treatment market.
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