Pressure Relief Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global pressure relief devices market size reached US$ 3.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.
A pressure relief device refers to a cushioned appliance that is used to minimize pressure and friction between various body parts, such as shoulders, elbows, heels and hip bone. It is usually filled with water, gel or foam and is also used for providing relief to patients suffering from pressure ulcers caused by the lack of mobility post-treatment or surgery. Some of the common types of pressure relief devices include static air mattresses, foam- and gel-based mattresses, and dynamic air therapy and kinetic beds. These devices ensure that the patient’s skin is not deprived of oxygen by continuously being compressed under the bodyweight, thereby minimizing the development of sores or ulcers.
The increasing prevalence of pressure ulcers, along with rising awareness regarding the available treatment options for diabetic ulcers, is one of the key factors driving the growth of the market. Furthermore, the rising geriatric population across the globe is also providing a boost to the market growth. The aging population is highly susceptible to terminal illnesses that require a prolonged hospital stay and limited bodily movements to maximize recovery. This enhances the risks of developing pressure ulcers and other associated issues, thereby increasing the overall product demand. Increasing awareness among the masses regarding the availability of technologically advanced devices is also acting as a growth-inducing factor. Manufacturers are focusing on developing product variants that speed up the healing process and ensure a painless recovery experience for the patient. Other factors, including rising healthcare expenditures and improving healthcare infrastructure, along with the continual launch of innovative products by key industry players, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global pressure relief devices market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on device type and end-user.
Breakup by Device Type:
Low-Tech Devices
Foam-Based Mattress
Gel-Based Mattress
Fiber Filled Mattress
Water/Fluid Filled Mattress
Air Filled Mattress
Others
High-Tech Devices
Dynamic Air Therapy Beds
Kinetic Beds
Others
Breakup by End-User:
Hospitals
Clinics
Long-term Care Centers
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Acelity, Apex Medical Corp., ArjoHuntleigh, Drive DeVilbiss Healthcare Ltd. (Sidhil Limited), Hill-Rom Services Inc., Invacare, Medtronic, Paramount Bed Holdings Co. Ltd., Stryker Corporation, Talley Group Ltd., etc.
Key Questions Answered in This Report:
How has the global pressure relief devices market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global pressure relief devices market?
What is the breakup of the market based on the device type?
What is the breakup of the market based on the end-user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global pressure relief devices market and who are the key players?
What is the degree of competition in the industry?