PRESSURE RELIEF DEVICES MARKET ANALYSIS

Market Challenges And Opportunities

Global Pressure Relief Devices Market- Driver

Increasing adoption of inorganic growth strategies such as acquisition by key market players is expected to drive the global pressure relief devices market over the forecast period.

Increasing adoption of inorganic growth strategies such as acquisition by key market players is expected to drive the global pressure relief devices market growth over the forecast period. For instance, in August 2022, Arjo, a medical technology company, announced that they had acquired Bruin Biometrics, LLC., a biotechnology company. Under this acquisition, Arjo will serve as an exclusive distributor for BBI’s of pressure ulcers assessment device SEM scanner that allows the early detection of pressure injury risk and thereby reduce patient suffering.

Global Pressure Relief Devices Market: Restraint

 Increasing number of product recalls by regulatory authorities such as the U.S. Food and Drug Administration is expected to hinder the pressure relief devices market over the forecast period.

Increasing number of product recalls by regulatory authorities such as the U.S. Food and Drug Administration is expected to hinder the pressure relief devices market over the forecast period. For instance, in June 2022, the U.S. Food and Drug Administration recalled a class II device MRS surface with X-ray mattress, which was manufactured by Hill-Rom Holdings, Inc., a medical technology company. The device was recalled because the failure mode on the affected mattresses can cause a reduction in the performance of the microclimate management feature used to pull heat and moisture away from the patient resulting in an increased patient risk of pressure ulcer development.