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Global Pressure Relief Devices Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors

Global Pressure Relief Devices Market Forecast 2020-2030 -

The global pressure relief devices market, valued at US$ 2.6 Bn in 2019, is poised for remarkable expansion at a high CAGR from 2020 to 2030. Pressure relief devices play a pivotal role in addressing pain and preventing ulcers, with a range of products such as mattresses, beds, splints, and pillows.

Driving Factors for Market Growth

The escalating prevalence of pressure ulcers, particularly in the geriatric and obese population, is a primary driver for the growth of the global pressure relief devices market. Advancements in wound care technologies, increased investment in research and development, strategic partnerships among market players, and a surge in the use of pressure mattresses for various applications, including pressure ulcers, burns, and surgical wounds, contribute to the market's momentum.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1743&utm_source=OpenPR_Ganesh&utm_medium=OpenPR

Key Players and Market Dynamics

Major players shaping the global pressure relief devices market include Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Arjo, 3M, Paramount Bed Co., Ltd., 5 Minds Mobility, Rober Limited, Thomashilfen.us., among others. The market is characterized by online sales playing a significant role in improving product visibility. Therapeutic foam mattresses, in particular, are gaining traction, and companies are utilizing online platforms to enhance their market presence. Additionally, automated beds are making strides, providing comfort and support to patients with moving disabilities.

Segmentation and Dominance

The market is segmented into low-tech devices and hi-tech devices based on product types. The low-tech devices segment, including foam-based mattresses, gel-based mattresses, air-filled mattresses, water/fluid-filled mattresses, among others, dominated the market in 2019. The cost-effectiveness, easy operability, and high efficiency in preventing ulcers drive the demand for low-tech devices. The application segment is classified into pressure ulcers, burns, surgical wounds, and others, with pressure ulcers leading the market due to their high prevalence.

Regional Landscape

North America took the lead in the global pressure relief devices market in 2019 and is anticipated to maintain this position. The prevalence of pressure ulcers in the U.S. and the region's robust healthcare infrastructure, along with substantial investments in research and development, contribute to North America's market dominance. Europe follows as the second-largest market, driven by increased pressure ulcer incidence, a strong healthcare infrastructure, and a high diagnosis and treatment rate. The Asia Pacific region is expected to witness high CAGR during the forecast period due to its dense population, rapidly expanding economies, and a significant healthcare sector.

Innovations Driving Market Growth

Automated beds equipped with multimodal sensors and 3D imaging for determining optimal pressure relief devices are gaining popularity. Air fluidized therapy beds, such as Hillrom's Envellaยฎ Air Fluidized Therapy Bed, are contributing to enhanced wound healing outcomes. Manufacturers are also focusing on disposable mattresses for COVID-19 care centers and isolation wards, incorporating innovations in alternating pressure overlay systems and adhering to stringent safety standards.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ | ๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž ๐š๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=1743<ype=S&utm_source=OpenPR_Ganesh&utm_medium=OpenPR

As the pressure relief devices market advances, manufacturers are navigating through opportunities to cater to diverse patient needs, ensuring comfort, safety, and effective prevention and treatment of pressure-related ailments. The market is poised for substantial growth, reaching an estimated value of US$ 4.54 Bn by 2030.

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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Nikhil Sawlani
Transparency Market Research Inc.
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