Pressure Relief Devices Market Size To Reach USD 3,805.0 Million In 2028 | Rise In Obese Population Worldwide Has Led To Demand For Pressure Relief Devices That Is Expected To Drive Market Revenue Growth - RND

NEW YORK, Feb. 8, 2022 /PRNewswire/ -- The global pressure relief devices market size is expected to reach USD 3,805 Million in 2028 and register a revenue CAGR of 4.3% during the forecast period, according to the latest report by Reports and Data. Increasing incidence of obesity and rising technological advancements to produce improved pressure relief devices for patients are driving market revenue growth.

A pressure relief device refers to a cushioned appliance that is used to minimize pressure and friction between various body parts, such as shoulders, elbows, heels, and hip bone. It is usually filled with water, gel, or foam and is also used for providing relief to patients suffering from pressure ulcers caused by the lack of mobility post-treatment or surgery. These devices ensure that the patient's skin is not deprived of oxygen by continuously being compressed under the bodyweight, thereby minimizing the development of sores or ulcers.

Rising geriatric population across the globe is also providing a boost to market growth. Geriatric people are highly susceptible to terminal illnesses that require a prolonged hospital stay and limited bodily movements to maximize recovery. This increases risks of developing pressure ulcers and other associated issues, thereby increasing the overall product demand. Increasing awareness among the masses regarding the availability of technologically advanced devices is also driving growth of the market. Manufacturers are focusing on developing product variants that speed up healing process of ulcers and ensure a painless recovery experience for the patient. Other factors, including rising healthcare expenditures and improving healthcare infrastructure, along with the continual launch of innovative products by key industry players, are projected to drive market revenue growth.

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Some Key Highlights from the Report

• Pressure relief devices are generally used by the geriatric population as they are more prone to pressure ulcers, which are also known as bedsores. The number of people aged 60 and above has been substantially increasing in recent years in regions such as North America, Europe, and Asia-pacific, which can raise demand for such devices and can help in driving market revenue growth.
• By end use, hospital segment accounted for largest market revenue share in 2020 as more people prefer hospitals for treatment of a disease, especially in severe disorders, such as cancer and cardiac arrest, due to presence of skilled healthcare professionals in hospitals, better reimbursement policies, and higher purchasing power enabling hospitals to provide treatment using advanced devices and procedures.

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• By product type, low-tech devices segment accounted for larger market revenue share in 2020. The factors contributing to segment revenue growth mainly include cost-effectiveness of low-tech mattresses and cushions and easy availability. High-tech devices segment is expected to register higher CAGR during the forecast period. Most of the high-tech devices are powerful and are specifically designed for periodic pressure redistribution, providing several therapeutic benefits to mobility-impaired patients.
• Companies profiled in the global market report include Smith & Nephew PLC, Stryker Corporation, 3M Company, Medtronic PLC., Talley Group Limited, Invacare Corporation, Baxter PLC, Drive DeVilbiss Healthcare Ltd., Apex Medical Corporation, GE Healthcare, and Acelity L.P. Inc.

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For the purpose of this report, Reports and Data has segmented pressure relief devices market based on product type, end use, component, and region:

• Product Type Outlook (Revenue, USD Million; 2018–2028)
• High-tech Devices
• Low-tech Devices
• End-use Outlook (Revenue, USD Million; 2018–2028)
• Hospitals
• Clinics
• Long-term care centers
• Others
• Component Outlook (Revenue, USD Million; 2018–2028)
• Hardware
• Software
• Services

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• Regional Outlook (Revenue, USD Million; 2018–2028)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Sweden
• BENELUX
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Rest of APAC
• Latin America
• Brazil
• Rest of LATAM
• Middle East & Africa
• Saudi Arabia
• UAE
• South Africa
• Israel
• Rest of MEA

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