Saturday, 21 November 2015
Fight against Pressure Ulcer Drives Global Market for Pressure Relief Devices
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Low-tech Devices to Lead Global Pressure Relief Devices Market
The global pressure relief devices market is segmented on the basis of type and geography. The two types of pressure relief devices are low-tech devices and high-tech devices. The low-tech devices are segmented into air-filled mattresses, gel-filled mattresses, foam-based mattresses, and other mattresses. On the other hand, the high-tech devices segment includes dynamic air therapy beds and kinetic beds. Geographically, the global pressure relief devices market is segmented into North America, Asia Pacific, Europe, and Rest of the World.
Low-tech devices, also known as static support devices, held a mammoth share in the global pressure relief devices market. This segment dominated the market, as these devices offer relief from pressure on the skin and tissue due to the patient’s body weight. The buoyancy in this segment can also be attributed to the cost-effectiveness of these devices, their ability to avert ulcers, and their easy operability. Foam-based mattresses, a sub-segment of this market, are estimated to grow steadily as it is the best-suited device for preventing pressure-related ulcers among patients. The market share of these mattresses has also gained notable momentum due to their simplicity, easy availability, cost-effectiveness, and higher comfort levels as compared to other devices.
North America to Dominate Global Pressure Relief Devices Market
In terms of geography, North America held the largest market share in the global pressure devices market in 2013. Research analysts predict that this region will grow substantially between 2014 and 2020 due to the rising number of cases of pressure ulcers and the growing need for advanced mattresses. The Agency for Healthcare Research and Quality (AHRQ) stated that 2.5 mn people in the U.S. develop pressure ulcers. This alarming statistic will be the driving force for the growth of the pressure relief devices market in North America.
Asia Pacific, too, is expected to witness an excellent growth rate due to the increasing geriatric population in the region. The growth of the market in this region will also be propelled by the rising disposable income of the population in countries such as China and India. The ongoing trend of mergers and acquisitions amongst the players in the pressure relief devices market is also expected to help this market discover newer horizons.
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The global pressure relief devices market is being molded by some of the key players such as ArjoHuntleigh, AB, Covidien plc, Talley Group Limited, Paramount Bed Holdings Co., Ltd, Hill-Rom Holdings, Inc., Invacare Corporation, and Stryker Corporation.