Increase in Elderly Population Boosts Therapeutic Beds Market in the United States, Finds Frost & Sullivan
19 Dec, 2012, 12:52 GMT
-- High prevalence of pressure ulcers among elderly patients expands potential market
MOUNTAIN VIEW, California, Dec. 19, 2012 /PRNewswire/ -- The adoption of therapeutic beds in the United States is spurred by a high incidence of chronic diseases and an increase in the elderly population. The market will witness several technological advancements over the next few years, and demand for specialty beds for obesity and pediatrics is expected to rise. Home healthcare is another fast-growing segment that therapeutic beds can tap into.
New analysis from Frost & Sullivan's (http://www.healthcare.frost.com) Analysis of the Therapeutic Beds Market research finds that the market earned revenues of more than $3.97 billion in 2011 and estimates this to reach $5.23 billion in 2016. The analysis covers bed frames, mattress replacements, mattress overlays and integrated beds.
If you are interested in more information on this research, please send an email to Britni Myers, Corporate Communications, at britni.myers@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.
The sale of mattress replacements and integrated beds drive the overall therapeutic beds market. The high incidence rate of bedsores also broadens the market base.
"As healthcare facilities recognize the need to focus on primary prevention of pressure ulcers, therapeutic beds are gaining acceptance," said Frost & Sullivan Senior Industry Analyst Aarti Shetty. "In addition, several health institutions motivate staff to participate more in prevention, leading to the development of pressure ulcer prevention protocols and programs. This has raised usage of prevention and management products such as therapeutic beds."
However, most therapeutic support surfaces have not witnessed major advancements in technology over the last few years. In 2010, a couple of surfaces integrating microclimate technologies were introduced, but this did not lure healthcare facilities to replace existing therapeutic surfaces.
Therefore, it is vital for market participants to strategically differentiate products. Competitors that develop technologically superior support surfaces must ensure that end-user needs such as ease-of-use, safety, and mobility are taken into account. Increasing the involvement of patients in their own care will further introduce a new set of needs.
"Manufacturers of therapeutic beds must stay abreast of key market drivers, restraints, and trends affecting the market and the economy," noted Shetty. "Their ability to demonstrate the clinical and economic benefits of the product is important."
Although manufacturers face several challenges, the need for innovative and safe products will continue to grow, creating scope for market expansion.
Analysis of the Therapeutic Beds Market is part of the Advanced Medical Technologies Growth Partnership Services program, which also includes research in the following markets: Home Healthcare and Disease Management for Remote Monitoring Market, 2012 United States Medical Devices Outlook, and U.S. Rehabilitation Technology Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
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Analysis of the Therapeutic Beds Market
N9B7-54
Contact:
Britni Myers
Corporate Communications – North America
P: +1-210-477-8481
F: +1-210-348-1003
E: britni.myers@frost.com
SOURCE Frost & Sullivan