Press release
Pressure Relief Devices Market Rising due to Immobility Problems in Geriatric Population
Thus, in order to overcome this problem, advanced global pressure relief devices market such as gel-filled mattresses, foam-filled mattresses, and air-filled mattresses are designed and sold in the market to reduce pressure in the body and improve the quality of life of patients.
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What is Driving Demand from Global Pressure Relief Devices Market for Treating Pressure Ulcers?
The increasing prevalence of pressure ulcers among the global population is the main factor highlighting the need for pressure relief devices across various regions. Besides the rising awareness about pressure ulcers in patients, rise of common diseases such as depression, paralysis, arthritis, and polymyalgia are the main causes of immobility in patients. Old age is one of the main causes of immobility and high blood pressure. Hence, the increasing global geriatric and obese populations are the prime factor highlighting the need for pressure relief devices and driving the market.
Due to all the aforementioned growth factors, the pressure relief devices market is expected to reach a market value of US$2.8 billion by 2020 from a value of US$2.0 billion in 2013, states Transparency Market Research in its latest report. The firm estimates the market will grow at a CAGR of 5.2% between 2014 and 2020 forecast period.
Pressure relief devices are recognized as essential safety measures for high-pressure gas storage and distribution systems. They are typically used as a means of venting excess pressure, which could rupture a pressure vessel in the body. These devices are viewed as emergency or safety devices in times when other safety devices fail to operate in a medical emergency situation. The primary purpose of pressure relief devices is protection of life by redirecting excess pressure or fluids from an over-pressurized vessel in the body.
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North America Expected to Continue Leading Global Market for the Next Five Years
North America held the largest share of the global pressure relief devices market in 2013. Rise in geriatric population and established reimbursement policies in this region are some of the primary growth factors supporting the pressure relief devices market in North America. According to the Agency for Healthcare Research and Quality (AHRQ), more than 2 million people in the U.S. are diagnosed with pressure ulcers every year. Hence, the increasing prevalence of pressure ulcers and rising awareness for suitable treatments are further highlighting the need for effective devices such as the pressure relief devices in the global market.
Nowadays, the demand for various advanced mattresses is also growing among North Americans. Such factors are further expected to continue to stimulate the pressure relief devices market until 2019.
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