Pressure Ulcer Treatment Market Growth Prominent Players: Cardinal Health, B. Braun Melsungen AG, Coloplast Corp, Tissue Regenix, Smith & Nephew, ConvaTec Group Plc, Integra LifeSciences Corporation
Pune, India -- (SBWIRE) -- 03/24/2020 -- The global "Pressure Ulcer Treatment Market Size" is expected to gain momentum from the rising adoption of innovative wound care devices for treatment. As per the Agency for Healthcare Research & Quality (AHRQ), in the U.S., more than 2.5 million people get affected by pressure ulcers annually. It proves that the increasing geriatric population, coupled with upsurging cases of PU would affect the market positively in the coming years.
This information is provided by Fortune Business Insights™ in a recent study, titled, "Pressure Ulcer (PU) Treatment Market Size, Share & Industry Analysis, By Ulcer Type (Stage 1, Stage 2, Stage 3, Stage 4), By Product (Wound-care Dressings, Wound-care Devices, and Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Homecare Settings), and Regional Forecast, 2019-2026." The study further states that the pressure ulcer treatment market size is projected to reach USD 11.23 billion by 2026, thereby exhibiting a CAGR of 6.7% during the forecast period. However, it stood at USD 6.69 billion in 2018.
The report covers:
Global Pressure Ulcer Treatment Markettrends, with detailed analysis on consumer trends & manufacturer trends.
Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
Key areas of investments identifying market opportunities and challenges in forecast timeframe.
Competitive analysis of the industry players along with the overview on strategic management.
Comprehensive company profiles of the major industry players.
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Leading Players operating in the Pressure Ulcer Treatment Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Braun Melsungen AG
Braun Melsungen AG
Tissue Regenix Group
Smith & Nephew
ConvaTec Group Plc
Integra LifeSciences Corporation
Other prominent players
Rising Patent Pool Worldwide to Augment Growth
In the 20th century, a pressure ulcer was considered to be one of the costliest and the most physically debilitating complications. Factors, such as mobility problems, sedentary lifestyle, advancing age, and other similar health issues are mainly responsible for surging the incidence of PU worldwide. The National Center for Biotechnology Information (NCBI) declared that in 2018, the prevalence of pressure ulcers in Ethiopia, Turkey, and Brazil was 16%, 10.4%, and 12.7%, respectively. This indicates that there is a large patient pool seeking medical help across the globe.
Wound Care Dressings Segment to Lead Owing to their Higher Adoption
In terms of product type, the market is divided into wound care dressings, wound care devices, and others. Amongst these, the wound care dressings segment held 64.9% PU treatment market share in 2018 and is set to lead throughout the forecast period. This growth is attributable to their increasing adoption amongst the masses. They are the primary treatment option and help in speeding up the healing process.
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Detailed Table of Content:
Definitions and Assumptions
Prevalence of Pressure Ulcer by Key Countries/Regions
The Regulatory Scenario by Key Countries/Regions
Overview of New Product Launches and Developments
Key Industry Developments (Mergers, Acquisitions, and Partnerships)
Global Pressure Ulcer(PU) Treatment Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Ulcer Type
Market Analysis, Insights and Forecast – By Product
Market Analysis, Insights and Forecast – By End User
Ambulatory Surgical Centers
Market Analysis, Insights and Forecast – By Region
Middle East & Africa
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/pressure-ulcer-treatment-market-102095
Extensive product offerings
Customer research services
Robust research methodology
Latest technological developments
Value chain analysis
Potential Pressure Ulcer Treatment Market opportunities
Regular report updates
Reasons to Purchase this Report:
Comprehensive analysis of the Pressure Ulcer Treatment Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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