The global pressure relief devices market is witnessing significant growth due to the increasing incidence of ulcers, which has led to the widespread adoption of pressure relief devices for ulcer prevention. These devices are playing a crucial role in enhancing the quality of life for patients dealing with various lifestyle-related conditions such as diabetes, cardiovascular diseases, and obesity.
A recent study conducted by Hill-Rom has highlighted the rising number of hospital-acquired pressure ulcers, primarily attributed to the prolonged hospital stays of patients. The extended stay of bedridden patients, resulting from medical conditions such as cancer, multiple bone fractures, and other severe diseases, has contributed to the surge in pressure ulcers, further boosting the demand for pressure relief devices among medical practitioners and end users.
Additionally, the obese population, often confined to bed, relies heavily on pressure relief devices to prevent the development of other life-threatening conditions.
Improved healthcare spending and the expansion of healthcare infrastructure, as highlighted by the World Health Organization (WHO), are expected to fuel the market's growth over the forecast period.
Stringent regulations by regulatory bodies like the U.S. Food and Drug Administration (FDA) and the European Commission for new product launches in the pressure relief devices market are additional factors expected to obstruct market growth.
The pressure relief mattresses segment has been further segmented into foam-based mattresses, gel-based mattresses, fibre-filled mattresses, water/fluid-filled mattresses, and air-filled mattresses.
The specialty beds segment has been further segmented into kinetic beds and air-fluidized beds. By end use, the pressure relief devices market has been segmented into hospitals, long term care centres, rehabilitation centres, and home care settings.
This product will be delivered within 1-3 business days.
A recent study conducted by Hill-Rom has highlighted the rising number of hospital-acquired pressure ulcers, primarily attributed to the prolonged hospital stays of patients. The extended stay of bedridden patients, resulting from medical conditions such as cancer, multiple bone fractures, and other severe diseases, has contributed to the surge in pressure ulcers, further boosting the demand for pressure relief devices among medical practitioners and end users.
Geriatric Population and Obesity: Key Drivers
The growing geriatric population and the prevalence of obesity-related diseases are key factors driving the demand for pressure relief devices. For example, in North America, the U.S. population aged 65 years and above is expected to more than double from 46 million to 98 million by 2060. The rise in the elderly population worldwide is anticipated to lead to an increased demand for pressure relief devices, particularly for cases with restricted mobility.Additionally, the obese population, often confined to bed, relies heavily on pressure relief devices to prevent the development of other life-threatening conditions.
Healthcare Infrastructure Expansion
The expansion and improvement of healthcare infrastructure globally have led to an increased demand for advanced medical devices, including pressure relief devices, to address the needs of pressure ulcer patients. Growing third-party investments and public-private partnerships (PPP) in medical infrastructure are propelling the growth of the medical industry, thereby driving the pressure relief devices market.Improved healthcare spending and the expansion of healthcare infrastructure, as highlighted by the World Health Organization (WHO), are expected to fuel the market's growth over the forecast period.
Strategic Collaborations Boost Market Growth
Global players in the pressure relief devices market are actively engaging in collaboration and partnership activities with counterparts worldwide to effectively provide sales and after-sales services across regions. For instance, in 2016, Hill-Rom partnered with Haldor Advanced Technologies Ltd. to exclusively distribute Haldor's Orlocate pressure relief device product range. Such strategic initiatives enhance the brand image of pressure relief devices and are expected to drive market growth.Reimbursement Challenges and Regulatory Hurdles
The reimbursement scenario poses challenges for the pressure relief devices market, particularly for Stage III and IV pressure ulcers in North America, which do not receive reimbursement. The Centers for Medicare and Medicaid Services (CMS) announced in 2012 that it would not provide reimbursement for hospital-acquired stage III and IV pressure ulcers. Private insurers are also adopting similar reimbursement restrictions for pressure ulcer treatment. The comparatively lower cost of rental pressure relief devices in certain regions, such as Latin America, may hinder the sales of pressure relief devices, impacting market growth.Stringent regulations by regulatory bodies like the U.S. Food and Drug Administration (FDA) and the European Commission for new product launches in the pressure relief devices market are additional factors expected to obstruct market growth.
Competitive Landscape
The competitive landscape of the pressure relief devices market features key players' profiles based on differential strategies, market shares, product offerings, company dashboards, and marketing approaches. Leading players in the market include Stryker Corp., Smith & Nephew, Invacare Corporation, Hill-Rom Services Inc., Paramount Bed Holdings Co., Ltd., Medtronic PLC, Talley Group Limited, ArjoHuntleigh, Apex Medical Corp., Drive DeVilbiss Healthcare Ltd (Sidhil Limited), Linet spol.s.r.o., and PROMA REHA, s. r. o.Pressure Relief Devices Market: Segmentation
The report on the pressure relief devices market offers a comprehensive taxonomy of the pressure relief devices market based on product type, end use, and region. The pressure relief devices market, by product type, has been segmented into mattress overlays, pressure relief mattresses, and specialty beds.The pressure relief mattresses segment has been further segmented into foam-based mattresses, gel-based mattresses, fibre-filled mattresses, water/fluid-filled mattresses, and air-filled mattresses.
The specialty beds segment has been further segmented into kinetic beds and air-fluidized beds. By end use, the pressure relief devices market has been segmented into hospitals, long term care centres, rehabilitation centres, and home care settings.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Market Overview
3. Global Pressure Relief Devices Market Outlook, 2018 - 2031
4. North America Pressure Relief Devices Market Outlook, 2018 - 2031
5. Europe Pressure Relief Devices Market Outlook, 2018 - 2031
6. Asia Pacific Pressure Relief Devices Market Outlook, 2018 - 2031
7. Latin America Pressure Relief Devices Market Outlook, 2018 - 2031
8. Middle East & Africa Pressure Relief Devices Market Outlook, 2018 - 2031
9. Competitive Landscape
10. Appendix
Companies Mentioned
- Stryker Corp.
- Smith & Nephew
- Hill-Rom Services Inc.
- Invacare Corporation
- Medtronic PLC
- Paramount Bed Holdings Co., Ltd.
- ArjoHuntleigh
- Talley Group Limited
- Drive DeVilbiss Healthcare Ltd (Sidhil Limited)
- Apex Medical Corp.
- PROMA REHA, s. r. o.
- Linet spol. s r.o.
Methodology
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