Press release
Off-Loading Devices Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2026
The objectives of this study are as follows:
• To define, describe, and forecast the " Off-Loading Devices " market by type, application, component, delivery model, end user, and region
• To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
• To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Off-loading devices are used to reduce the body pressure on ulcerogenic callus in diabetic patients, which is developed due to poor circulation, lack of feeling in the foot, foot deformities or trauma. These devices aim to eliminate the abnormal pressure points and promote healing. There are two types of off-loading devices such as footwear and total contact casts which vary in cost and effectiveness. Both devices also have their advantages and disadvantages. The effect of these devices also varies from person to person depending on their diabetic condition and use of the device. Off-loading devices are designed in order to be used in post-surgical healing, forefoot trauma, wound, ulceration or any situation requiring a pressure off-load of the forefoot. These devices are not only used for the treatment purpose but also used for the prevention of diabetic foot ulcers. The science behind the use of off-loading devices lies with the understanding of biomechanics and shear forces responsible for diabetic foot ulcers. The need for off-loading devices has increased in patients who along with diabetes are also suffering from obesity.
Advantages in wound healing technology have greatly expanded the ability to effectively manage diabetic foot ulcers and prevent the chances of lower extremity amputations. 85% of the lower extremity amputations are preceded by a diabetic foot ulcer and can be preventable. Use of off-loading devices also has the potential to substantially reduce the overall healthcare burden of diabetic foot ulcers.
Off-Loading Devices Market: Drivers & Restraints
Improvement in the concerns about diabetes management, screening and foot care promote the use of off-loading devices. Also, rise in the number of diabetic population globally which is now more than 450 million may also lead to the increase in the cases of diabetic foot ulcers, thus fuelling the adoption of off-loading devices. In addition to this, increase in the availability as well as variability of off-loading devices also promotes the market growth. Some of the factors limiting the market include ignorance of diabetic foot care and associated high cost of the equipment. Unavailability of these assisting products in the under-developed and developing countries as well as poor diabetic management restrict the global market growth of off-loading devices.
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Off-Loading Devices Market: Segmentation
By Product Type
• Off-loading Footwear
• Total Contact Casts
By Distribution Channel
• Hospitals
• Specialized Clinics
• Healthcare Stores
• Online Stores
There are currently numerous off-loading devices that are available varied by the material used, complexity and cost. Total contact cast off-loading devices have better healing properties but they are more costly than the footwear and not afforded by all. Opportunity for market players lies with the expanding their product range based on the off-loading capabilities and further research. There is a growing need for off-loading devices and the market opportunity lies in the development of economical and easy to wear devices.
Off-Loading Devices Market: Regional Outlook
Geographically, the market for off-loading devices can be segmented into five regions, North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America is expected to have high share in the global off-loading devices market owing to the available funding by federal and state government as well as favorable reimbursement scenarios. This is followed by the European market because of the developed healthcare infrastructure, routine healthcare check-ups and awareness about the disease. This is followed by the Asia-Pacific market. It represents a huge market potential, however several factors restrict the market growth in this region. Latin America followed by MEA is expected to have the least market share and growth rate over the forecast period due to the non-availability of these services in most of the countries as well as poor healthcare infrastructure.
Off-Loading Devices Market: Key Players
Examples of some of the key players in the global off-loading devices market are DARCO International, PulseFlow Technologies, Hollister Incorporated, BSN medical, Integra Life Sciences Corp., Posey Products, LLC, DeRoyal Industries, Inc., DM Systems, Inc., PPL Biomechanics, and Repton Medical, among others.
The report covers exhaustive analysis on:
• Off-Loading Devices Market Segments
• Off-Loading Devices Market Dynamics
• Off-Loading Devices Historical Market Size
• Off-Loading Devices Market Size & Forecast
• Off-Loading Devices Market Current Trends/Issues/Challenges
• Off-Loading Devices Competition & Companies involved
• Off-Loading Devices Market Drivers and Restraints
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
• Tailwinds and headwinds molding the market’s trajectory
• Market segments based on products, technology, and applications
• Prospects of each segment
• Overall current and possible future size of the market
• Growth pace of the market
• Competitive landscape and key players’ strategies
The main aim of the report is to:
• Enable key stakeholder’s in the market bet right on it
• Understand the opportunities and pitfalls awaiting them
• Assess the overall growth scope in the near term
• Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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