Pressure Relief Devices Market - Key Factors Highlighting the Demand Worldwide

Transparency Market Research has published a new report on the global pressure relief devices market. As per the report, the global pressure relief devices market is expected to expand at a 5.20% CAGR from 2014 to 2020. The report, titled ‘Pressure Relief Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,’ states that the global market is expected to progress from US$2.0 bn in 2013 to US$2.80 bn by 2020 owing to factors such as the rising aging population and the increasing rate of obesity.

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Body pressure is one of the most important extrinsic factors involved in the development phase of pressure ulcers. A pressure ulcer is a localized injury to the skin or an underlying tissue resulting from an outside mechanical load. As per The European Pressure Ulcer Advisory Panel (EPUAP), pressure ulcers are classified into four types, namely, stage I, stage II, stage III, and stage IV. The stage IV (deep ulcer) is the most vital pressure ulcer that in many cases creates emergency medical conditions. Many support surface devices such as cushions, overlays, and mattresses can be used to prevent pressure ulcers.

The global pressure relief devices market is expected to experience swift growth in the years to come due to the increasing number of patients diagnosed with pressure ulcers. The availability of advanced technology pressure relief devices such as the dynamic air therapy mattresses is expected to propel the global pressure relief devices market in the near future. However, factors such as the need for skilled people to use advanced pressure relief devices and the high cost of equipment are two of the factors expected to restrict the growth of the global pressure relief devices market in the near future.

The global pressure relief devices market is segmented on the basis of geography and device type. By geography, the global pressure relief devices market is divided into Asia Pacific, Europe, North America, and Rest of the World. In 2013, North America dominated the global pressure relief devices market and is expected to maintain its dominance throughout the forecast period owing to the rising awareness of and the increasing demand for pressure relief devices. Asia Pacific is expected to display appreciable growth potential in the years to come.

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Some of the leading players operating in the global pressure relief devices market are ArjoHuntleigh, AB (Innova Extra mattress), Hill-Rom Holdings, Inc. (NP50 Prevention Surface), Stryker Corporation (PositionPRO), Paramount Bed Holdings Co., Ltd. (Accumax mattress), and Covidien plc (Wings quilted premium under pads).

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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