Global Pressure Relief Devices Market To Reach $2.85 Billion by 2020
Deerfield Beach, FL -- (SBWIRE) -- 07/05/2017 -- Zion Market Research has published a new report titled "Pressure Relief Devices (Low-tech Devices (Foam Based Mattresses, Gel Filled Mattresses, Air Filled Mattresses and Others) and Hi-tech Devices (Kinetic Beds, Dynamic Air Therapy Beds)) Market: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020." According to the report, global demand for pressure relief devices market was valued at around USD 2.10 billion in 2014 and is expected to generate revenue of USD 2.85 billion by end of 2020, growing at a CAGR of slightly above 5% between 2015 and 2020.
Pressure ulcers are areas of damage to the skin and underlying tissue. They can damage not just the skin, but also deeper layers of tissue under the skin. The only way to prevent a pressure ulcer is to keep all pressure off the body. Pressure-relieving devices (such as high-specification foam mattresses and overlays) mould or contour around the body, spreading the weight and relieving pressure over bony areas that are at risk of developing pressure ulcers. Some of the more complicated 'high-tech' pressure-relieving devices may remove pressure from different areas of the body at regular intervals or have a fan which provides inflation to adequately support the patient. Various types of pressure-relieving devices are available, including beds, mattresses and overlays. The recommendations made by NICE focus mainly on mattresses and overlays, because there isn't enough evidence to recommend which beds are the most effective for preventing pressure ulcers.
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Increasing obese and geriatric population is driving demand for pressure relief devices. Obese and geriatric population is more vulnerable to pressure ulcers owing to their reduced immunity and pressure exerted by over weight of their body. According to a report published by WHO (World Health Organization), population of obese people has been increased significantly over past few years. Moreover, WHO (World Health Organization) also estimated that aging population will grow manifold during the forecast period. This is expected to fuel demand for pressure relief devices across the globe. However, high cost of the devices is expected to be major restraining factor for the pressure relief devices market.
The pressure relief devices market is segmented on the basis of different type of devices such as low-tech devices (foam based mattresses, gel filled mattresses, air filled mattresses and others) & hi-tech devices (kinetic beds, dynamic air therapy beds). The low-tech device segment dominated the market with largest share of the total market in 2014. Foam based mattresses is a leading segment in low tech device segment due to lower price, easy availability and low technical complexity. Gel filled based mattresses also accounted for significant share in low tech device segment and it is observed to be growing as the mattress lets easy repositioning of the body. Dynamic air therapy bed among hi-tech devices accounted for the largest market share in 2014. Hi-tech segment is expected to be grow at a rapid pace in the years to come.
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North America dominated the pressure relief devices market and accounted for the largest share of the global market in 2014. North America followed by Europe and Asia-Pacific region. In terms of revenue, Europe was the second largest market for pressure relief devices. The pressure relief devices market in Asia Pacific region is expected to exhibit strong growth owing to rising healthcare infrastructures and growing population. Moreover, emerging economies such as China and India are expected to exhibit rapid growth in demand for pressure relief devices market during the forecast period.
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Major market players operating in this market include ArjoHuntleigh, AB (Innova Extra mattress), Covidien plc (Wings quilted premium under pads), Hill-Rom Holdings, Inc. (NP50 Prevention Surface), Invacare Corporation (Invacare Softform Excel Mattress), Stryker Corporation (PositionPRO), Talley Group Limited (QUATTRO PLUS) and Paramount Bed Holdings Co., Ltd. (Accumax mattress).
Product Segment Analysis: Low-tech Device, Foam Based Mattress, Gel Filled Mattress, Air Filled Mattress, Other Mattress, Hi-tech Device, Kinetic Bed, Dynamic Air Therapy Bed
Regional Segment Analysis: North America (US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India), Latin America(Brazil), Middle East and Africa
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