The Global Market for Pressure Ulcer Relief Products is Forecast to Reach US$4.5 Billion by 2024

Aging Population, Growing Awareness and Innovations Drive the Global Pressure Ulcer Relief Products Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Pressure Ulcer Relief Products market. The global market for Pressure Ulcer Relief Products is forecast to reach US$4.5 billion by 2024, driven by increasing aging population; growing incidence of pressure ulcers; rising awareness about the medical value of therapeutic mattresses and beds especially in the developing regions; and launch of new innovative products.

The global pressure ulcer relief products market is forecast to witness a steady growth, driven by the increasing incidence of pressure ulcers, particularly in the elderly population. Growing awareness about the various therapeutic mattresses and beds, especially in the developing regions, and new innovative products are factors driving the market. Increased emphasis on prevention of pressure ulcers is also expected to drive the demand for pressure ulcer relief devices. Technological innovations and rising government initiatives to prevent pressure ulcers are the other market growth propellers.

As stated by the new market research report on Pressure Ulcer Relief Products, the United States and Europe represent the largest markets worldwide. The United States registers the highest number of pressure ulcer cases worldwide, due to the aging baby boomers. The country is also the hub for a majority of the activities relating to pressure ulcer prevention and treatment, such as the evidence-based guidelines issued by The American College of Physicians (ACP). The guidelines allow clinicians to provide optimal care to patients. Asia-Pacific is forecast to emerge as the fastest growing market with a projected CAGR of 7.9% over the analysis period. Improving healthcare facilities and growing awareness of the availability of pressure ulcer relief products in the region is a predominant factor for the anticipated exponential growth in the region.

Major players in the market include ArjoHuntleigh, GF Health Products Inc., Hill-Rom Company Inc., Invacare Corp., James Consolidated Inc., Linet spol. s.r.o, Permobil,  Span-America Medical Systems Inc., Spenco Medical Corp., Steigelmeyer Group, Stryker Corp., and Sunrise Medical, among others.

The research report titled “Pressure Ulcer Relief Products: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends and issues, a detailed product overview, product launches and recent strategic industry activities of major companies. The report provides market estimates and projections in US$ for all major geographic markets, including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World.

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