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Global Pressure Relief Devices Market 2023: Rising Prevalence of Obesity-associated Pressure Ulcers to Fuel Sales

01-30-2023 05:42 AM CET | Health & Medicine

Press release from: Persistence Market Research

Global Pressure Relief Devices Market 2023: Rising Prevalence

The Pressure Relief Devices Market is an emerging segment in the healthcare industry. Pressure relief devices are used to reduce pain and other symptoms of both chronic and acute conditions. Recent advances in technology have allowed for the development of more sophisticated pressure relief devices, increasing their demand amongst medical practitioners and patients alike. The Pressure Relief Devices Market is expected to see significant growth over the coming years as more effective instruments become available. Pharmaceutical companies are investing heavily in researching and developing innovative pressure relief devices that can improve patient outcomes.

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According to the latest research by Persistence Market Research (PMR), the global pressure relief devices market is expected to account for more than US$ 3,500 million in terms of value by the end of 2026. The pressure relief devices market report also projects significant growth potential with an average Y-O-Y growth rate pegged at 5.5% through 2026.

The demand for pressure relief devices has been on the rise, majorly in the developing regions such as Asia Pacific and Middle East and Africa due to growing preference and acceptance of various types of pressure relief devices. The market for pressure relief devices is expected to be relatively untapped and is expected to create an array of opportunities for pressure relief devices, especially with the emergence of medical tourism in various countries, such as in the Asia-Pacific region countries like Thailand, Vietnam, Indonesia, Malaysia, Philippines, and India.

Moreover, to cater to the increasing demand for pressure relief devices and to provide after-sales services like pressure relief devices installation and replacement, various global market players are coming into strategic partnerships and collaborations with market-specific regional players. This is anticipated to create immense opportunities for the pressure relief devices during the forecast period.

Companies

Stryker Corp.

Smith & Nephew

Hill-Rom Services Inc.

Invacare Corporation

Medtronic PLC

Paramount Bed Holdings Co., Ltd.

ArjoHuntleigh

Talley Group Limited

Drive DeVilbiss Healthcare Ltd (Sidhil Limited)

Apex Medical Corp.

PROMA REHA, s. r. o.

Linet spol. s r.o.

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Various types of pressure relief devices such as mattress, mattress overlays, and specialty beds are used in different indications such as severe trauma cases and accidents, where a patient is suffering from multiple injuries. Pressure relief devices are capable of maintaining uniform pressure between the body surface and the mattress, which ensures additional comfort to the patient. These pressure relief devices are also preferred by the healthcare infrastructure for various long term therapy patients with immobility, as a preventive measure against pressure ulcers. Different medical applications are likely to boost the demand for pressure relief devices and are expected to drive the growth in the sales of pressure relief devices over the forecast period.

The use of pressure relief devices reduces health-related complications, further helping with the total health care spending of the patient. Long-term hospitalization is mandatory for multiple operative conditions like cancer surgery cases, multiple bone fractures, etc., which may induce other health-related medical complications like bed sores and further increase health care expenditure. The aforesaid post-operative benefit of pressure relief devices propels the demand and drives the overall pressure relief devices market.

However, the consistent increase in cost of these pressure relief devices due to various technological advancements is expected to obstruct market growth for pressure relief devices. The stiff competition between the established global players and local players is expected to result into price variations for pressure relief devices. Key players in the market provide scalable, high-quality customized products as per the market need, which is expected to create market opportunities for pressure relief devices market over the forecast period.

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Key Questions Answered in This Report.

What are the Roadblocks for Pressure Relief Devices Market Suppliers?
What are the Key Opportunities for Pressure Relief Devices Market Manufacturers?
How is Focus on Safety Influencing Pressure Relief Devices Market Demand?
What is the Regulatory Impact on Global Sales of Pressure Relief Devices Market?
Which Region Offers the Largest Opportunity for Sales of Pressure Relief Devices Market?
Where Does the U.S. Stand in the Market for Pressure Relief Devices Market?
What Is the Outlook for Pressure Relief Devices Market Manufacturers in China?
Why is Germany a Lucrative Market for Pressure Relief Devices Market Manufacturers?
Why Will Belgium Outpace Other European Markets for Pressure Relief Devices Market?
Why is There High Demand for Tires in Pressure Relief Devices Market?
Why are Sales of Pressure Relief Devices Market Surging?

Media Contact:
Persistence Market Research
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Call +1-646-568-7751
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About Us

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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