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Global Pressure Relief Devices Market to Surpass US$ 6,286.5 Million by 2030, Says Coherent Market Insights (CMI)

/EIN News/ -- Burlingame, Feb. 06, 2023 (GLOBE NEWSWIRE) -- According to Coherent Market Insights, the global pressure relief devices market is estimated to be valued at US$ 3,689.1 in 2022 and is expected to exhibit a CAGR of 6.9% during the forecast period (2022-2030).

Key Trends and Analysis of the Global Pressure Relief Devices Market:

The adoption of organic growth strategies such as acquisition by key market players is expected to drive the global pressure relief devices market over the forecast period. For instance, in April 2019, Smith & Nephew Plc., a medical technology company, announced that they had acquired Leaf Healthcare, Inc., a medical device company to develop the unique leaf patient monitoring system for pressure injury prevention and patient mobility monitoring

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Key Market Takeaways:

The global pressure relief devices market is expected to exhibit a CAGR of 6.9% during the forecast period due to the increasing awareness campaign by the key market players. For instance, in September 2020, Talley Group Ltd., a manufacturer of ulcer prevention and therapy products, announced that they had launched STOP, the pressure ulcer 2020 campaign on the occasion of global stop pressure ulcers day for the prevention and management of pressure ulcer. The aim of the campaign was to raise awareness about pressure ulcers among the clinical staff, patients, family members and lay carers.

Among application, pressure ulcer is expected to hold dominant position in the market due to increasing prevalence over the forecast period. For instance, in October 2020, according to the data published in National Center for Biotechnology Information, it was stated that about 2.5 million hospitalizations in the U.S. in 2019 are due to pressure ulcers which is a major concern for patients and healthcare staff

Competitive Landscape:

Key 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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Market Segmentation:

  • 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
  • Global Pressure Relief Devices Market, By Application:
    • Pressure Ulcers
    • Surgical Wounds
    • Burns
  • Global Pressure Relief Devices Market, By End User:
    • Hospitals
    • Ambulatory Surgical Centers
    • Clinics
  • Global Pressure Relief Devices Market, By Region:
    • North America
      • By Country
        • U.S.
        • Canada
    • Latin America
      • By Country
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Country
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Country
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Country
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Country/Regions
        • South Africa
        • Central Africa
        • North Africa

Related Market Intelligence Reports:

Pressure Infusion Bags Market, By Product Type (Reusable and Disposable), By Material (Nylon, Polyurethane, and Others), By Application (Blood and Drug Infusion and Invasive Pressure Monitoring Procedures), By End Users (Hospitals and Clinics, Outpatient Facilities, and Others), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)- Size, Share, Outlook, and Opportunity Analysis, 2023 – 2030

Advanced Wound Care Management Market, By Product Type (Wound Dressings, Active Wound Care, Therapy Devices, and Other Advance Wound Care Products), By Wound Type (Chronic Wound and Acute Wound), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2028

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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Mr. Shah
                    Senior Client Partner – Business Development
                    Coherent Market Insights
                    
                    Phone:
                    US: +1-206-701-6702
                    UK: +44-020-8133-4027
                    Japan: +81-050-5539-1737
                    India: +91-848-285-0837
                    Email: sales@coherentmarketinsights.com
                    Website: https://www.coherentmarketinsights.com

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