Coherent Market Insights

Pressure Relief Devices Market to Surpass US$ 6,286.5 Mn by 2030

Pressure Relief Devices Market to Surpass US$ 6,286.5 Mn by 2030 - Coherent Market Insights

Publish In: Jan 18, 2023

Global Pressure Relief Devices Market, by device Type (Mattress, (Foam Based Mattress, Gel Filled Mattress, Air Filled Mattress, Fluid Filled Mattress), Beds (Kinetic Bed, Air Therapy Bed), Splint, Heel Troughs, Pressure Relief Chairs), by Application (Pressure Ulcers, Surgical Wounds, Burns), by End User (Hospitals, Ambulatory Surgical Centers, Clinics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 3,689.1 Million in 2022 and is expected to exhibit a CAGR of 6.9% during the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.

Increasing adoption of organic strategies such as awatreness campaign by key market players is expected to drive the global pressure relief devices market over the forecast period. For instance, in November 2021, The Spinal Injuries Association (SIA) announced that they had organized stop the pressure, an awareness campaign. This aim of this campaign is to raise awareness about the management and prevention of pressure ulcer.

Global Pressure Relief Devices Market– Impact of Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic and consequent lockdowns in various countries across the globe have impacted the financial status of businesses across all sectors, including the private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry, mainly due to strict lockdowns in several regions. Private healthcare is one such sector that has been significantly impacted by the COVID-19 pandemic.

Many patients with COVID-19 have a severe respiratory infection that requires hospitalization and mechanical ventilation. Therefore, the COVID-19 pandemic had a negative impact on the global electrophysiology devices market. For instance, in January 2022, according to the data published in Science Journal, a study was conducted among 120 critically ill patients during COVID-19. It was stated that, there was an increase in the existing pressure ulcer stage and a decrease in the nutritional status in patients.

Global Pressure Relief Devices Market: Key Developments

Increasing launch of awareness campaign is expected to drive the global pressure relief devices market over the forecast period. For instance, in November 2018, The Birmingham City University, announced that they had launched an awareness campaign on pressure ulcer prevention day. As a part of this campaign, they had given a special training sessions for students nurses, which focused on the risk factors and prevention techniques of pressure ulcers. 

Browse 35 Market Data Tables and 34 Figures spread through 170 Pages and in-depth TOC on “Global Pressure Relief Devices Market”- Forecast to 2030, Global Pressure Relief Devices Market, by device Type (Mattress, (Foam Based Mattress, Gel Filled Mattress, Air Filled Mattress, Fluid Filled Mattress), Beds (Kinetic Bed, Air Therapy Bed), Splint, Heel Troughs, Pressure Relief Chairs), by Application (Pressure Ulcers, Surgical Wounds, Burns), by End User (Hospitals, Ambulatory Surgical Centers, Clinics),  and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

https://www.coherentmarketinsights.com/market-insight/pressure-relief-devices-market-1666

Adoption of organic strategies such awareness campaign by key market players is expected to drive the global presuure relief devices market over the forecast period. For instance, in November 2022, The Society of Tissue Viability announced that they had organized an awareness campaign on STOP the Pressure Day to stop pressure ulcers in health and social care. The aim of this campaign is to help create a significant culture shift and eliminate avoidable pressure ulcers in all health and care settings.

Key Takeaways of the Global Pressure Relief Devices Market:

  • The global pressure relief devices market is expected to exhibit a CAGR of 6.9% during the forecast period, due to the increasing launch of awareness campaign over the forecast period. For instance, in November 2018, NHS Improvement, the regulatory body for NHS Foundation Trusts, announced that they had launched Red dot campaign on International Stop Pressure Ulcers Day. As part of this campaign nurses and other NHS staff were asked to wear the red stickers and badges to encourage conversations about the prevention of pressure ulcers in hospital, care settings and in patients' homes
  • Among application, pressure ulcers segment is estimated to hold a dominant position in the global pressure relief devices market over the forecast period due to the increasing prevalence of pressure ulcers. For instance, in March 2019, according to the data published in The Open Public Health Journal, a study was conducted in the intensive care unit (ICU) departments of the government hospitals in Palestine to determine the prevalence of pressure ulcers. Hence, it was concluded that the prevalence of pressure ulcers in the ICU departments was 33%, and the prevalence of pressure ulcers when excluding stage one was 7.3%.
  • Among regions, North America is estimated to account for the largest market share in the global electrophysiology devices market over the forecast period, owing to the increasing prevalence of pressure ulcers in the U.S. For instance, in April 2022, according to the data published in the Cureus Journal of Medical Science, a survey was conducted at a tertiary care hospital among 99 addmitted patients. Out of which, 87.9% had acquired pressure ulcers. Stage 2 pressure ulcers were the most documented, making up 43.1% of the total cases reported, while stage 4 cases were only 3.3%.
  • Major players operating in the global pressure relief devices market include Medtronic, Arjo, Hill-Rom Holdings, Inc., Invacare Corporation, Smith & Nephew Plc., Stryker, Talley Group Ltd., Paramount Bed Co., Ltd., wissner-bosserhoff GmbH, 3M, 5 Minds Mobility

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