May 16, 2022 10:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
Albany NY, United States, May 16, 2022 (GLOBE NEWSWIRE) — The value of the global pressure relief devices market was valued over US$ 2.6 Bn in 2019 and the market is likely to develop at a high CAGR of 4.9% during the forecast period, from 2020 to 2030. The global pressure relief devices market is estimated to attain the valuation of US$ 4.54 Bn by 2030. In elderly patients, a pressure relieving device is used to relieve pressure points produced by their bodyweight. This device allows people to move around so that the skin is not continually squeezed between the chair or mattress and the bone. Pressure ulcers are becoming more common as a result of a highly vulnerable and increasingly ageing population, which is likely to fuel market demand for pressure relief devices in the upcoming years.
In order to alleviate pain and reduce pressure on ulcers, pressure relief equipment such as pillows, splints, beds, and mattresses are utilized. Due to technical improvements in pressure ulcer wound care and rise in the incidence of pressure ulcers, medical uses of pressure relief mattresses have been rising. Rise in geriatric population and obese population is estimated to offer opportunities for pressure relief devices market players.
Increasing incidences of pressure ulcers in the U.S. is expected to range from 0% to 17% in home care settings, 2% to 24 % in nursing facilities for long-term care, and 0.4% to 38% in acute care hospitals as per the American College of Physicians. Pressure ulcers afflict around 2.5 million individuals across the U.S. every year. In addition, the pressure relief devices market in North America is driven by increased expenditure on research and development, strong presence of key companies, and rise in demand for these devices.
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Global Pressure Relief Devices Market: Growth Drivers
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Global Pressure Relief Devices Market: Key Players
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Global Pressure Relief Devices Market: Segmentation
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