Pressure Ulcer Devices Market

Global Market Study on Pressure Ulcer Devices: Long-term Care Centers Driving Substantial Demand across Regions

Pressure Ulcer Devices Market Segmented By Pressure Ulcer Mattresses, In-Shoe Sensors, Surface Electrodes, Smart e Pants, Alternating Pressure Wheelchair Cushions Product

  • September-2021
  • PMRREP32831
  • 236 Pages
  • Healthcare
  • PPT, PDF, WORD, EXCEL

Market Snapshot

Global demand for pressure ulcer devices is set to experience significant growth at 6.2% CAGR from 2021 to 2031, up from a market value of around US$ 1.8 Bn as of 2021. As per Persistence Market Research’s projections, pressure ulcer mattresses hold a substantial share of 42% in the global market.

Find Out More about the Report Coverage

Companies

  • Invacare
  • Tamarack Habilitation Technologies, Inc.
  • GF Health Products, Inc
  • Promo Reha
  • CONMED
  • Koninklijke Philips N.V.
  • Savaria Corporation (Span-America Medical Systems, Inc.)
  • Sky Medical Technology
  • Young Won Medical
  • ArjoHuntleigh
  • Implus Footcare LLC (Spenco Medical Corp)
  • Stryker Corp
  • leonhard lang gmbh

Key Insights Covered in Pressure ulcer devices Industry Survey:

  • Market Estimates and Forecasts (2016-2031)
  • Key Drivers and Restraints Shaping Market Growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Market Share Analysis By Key Players
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Demand for Pressure Ulcer Devices and How to Navigate
  • Recommendation on Key Winning Strategies

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Sales Analysis of Pressure Ulcer Devices from 2016 to 2020 Vs Market Outlook for 2021 to 2031

The global pressure ulcer devices market expanded at 5% CAGR over the past 5 years.

Pressure ulcers are primarily caused due to prolonged pressure on the skin. They mainly affect people who are limited to the bed or sit in a chair or wheelchair for long periods. Prolonged treatment of certain diseases such as paralysis or bone fracture leads to a longer stay at hospitals, which increases the chances of pressure ulcers in patients.

For instance, according to the National Advisory Panel (NPUAP), PUs occur in 10% to 18% in intensive care units, between 2.3% and 28% in long-term care units, and between 0 and 29% in-home care units.

The market is expected to expand at a considerable growth rate over the next ten years at a CAGR of around 6.2%.

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A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

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What are the Key Opportunities for Pressure Ulcer Device Manufacturers?

The global pressure ulcer devices industry is expected to witness high growth due to increasing geriatric population and obesity across the world. Older adults are at higher risk of pressure ulcers due to ageing, which increases the fragility of the skin and thinning of cell layers, decreases vascularization, cell proliferation, and delays the healing process. This makes them more sensitive toward skin injuries.

Rising number of physically disabled people leads to an increase in pressure ulcer problems due to lack of movement and a long time in a bed or wheelchair. According to the Washington State Hospital Association in 2020, 1 to 3 Mn Americans suffered from pressure injuries every year.

Technological advancements and introduction of connected medical devices lead to the development of innovative devices and enhance demand for pressure ulcer devices.

Hospitals are focusing on improving acute care settings to prevent pressure ulcers. Any changes found in a patient’s skin, and swelling or soreness, is immediately taken into account by healthcare workers.

Among all products, smart E pants have maximum growth opportunities during the forecast period, at a CAGR of 7.6%.

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What is Restraining Demand for Pressure Ulcer Devices?

Unfavourable reimbursement scenarios restrain demand for pressure ulcer devices. High cost also leads to restraining market growth, primarily in developing countries with weaker economic support.

Variable regulations and their compliance in different regions have an additional functional role in the restrictive growth of the pressure ulcer devices industry.

Country-wise Insights

What Makes the U.S. a Lucrative Market for Pressure Ulcer Device Suppliers?

The U.S. leads the region of North America with a total market share of over 88%, and is projected to continue experiencing high growth throughout the forecast period.

Growth of this market is driven by advancements in technology in the region and the presence of key players.

  • In February 2019, CONMED (U.S.) announced the acquisition of Buffalo Filter LLC (Buffalo Filter) from Filtration Group.

Why is Germany a Leading Market for Pressure Ulcer Devices in Europe?

Germany dominates the European market for pressure ulcer devices with a share of over 22%. This high share is due to a large geriatric population in the country. According to OECD data, 21.8% of the population in Germany comprised older adults in 2020.

How is China Emerging as a Prominent Market for Pressure Ulcer Devices?

China dominated the East Asia market with over 43% share in 2020, and is projected to expand at a CAGR of 7.6%.

Increasing focus of key manufacturers for the expansion of their medical devices business in the country is one of the key factors driving market growth.

What is the Outlook for Japan Regarding Pressure Ulcer Devices?

In 2020, Japan held over 35% share in the East Asia Market, and is projected to expand at a CAGR of 6.6% from 2021 to 2031.

Manufacturers are focusing on expanding their global presence and specialized expertise with exclusive technological capabilities, which leads to better availability of pressure ulcer products in Japan.

Category-wise Insights

Which Pressure Ulcer Product is Driving Market Growth?

By product, pressure ulcer mattresses project lucrative growth at a CAGR of 6.8% till the end of the forecast period.

High demand for this product is due to efficiency as well as the ability to minimize or prevent bedsore risks to the skin to bedridden person.

Which Distribution Channel is Mostly Driving Sales of Pressure Ulcer Devices?

Based on distribution channel, long-term care centres lead the industry with around 23.5% market share. Increasing number of patients admitted to long-term care centres due to paralysis or other disabilities is driving growth of this segment.

What is the Impact of COVID-19 on the Industry?

COVID-19 is anticipated to have a moderately positive impact on the pressure ulcer devices market due to increase in hospitalizations as a result of being infected with the virus. This has led to more patients being at risk of developing pressure ulcers.

Also, continuous mutation and outbreak of the 3rd or 4th waves in certain countries further projects lucrative growth pressure ulcer device sales.

What is the Impact of Market Consolidation on This Business Space?

Consolation activities, mergers, and acquisitions have emerged as crucial growth strategies by market players. Prominent players are strengthening their product ranges through acquisitions and reaching out to key as well as emerging markets.

Competitive Landscape

Key players are focusing on novel and innovative approaches for the development of pressure ulcer devices driven by emerging cases of different diseases and lack of advanced methods for efficient detection.

The strategy of expansion, new product launches, and approvals by key manufacturers is further strengthening their market presence.

  • In January 2021, Koninklijke Philips announced the acquisition of Capsule Technologies, Inc. for expanding its leadership in patient care management.

Similarly, recent developments related to companies manufacturing pressure ulcer devices have been tracked by the team at Persistence Market Research, which are available in the full report.

Pressure Ulcer Devices Industry Report Scope

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

US$ Mn for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Key Countries Covered

  • US
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Poland
  • Russia
  • China
  • Japan
  • India
  • Australia and New Zealand
  • ASEAN
  • South Africa
  • GCC Countries

Key Market Segments Covered

  • Product
  • Distribution Channel
  • Region

Key Companies Profiled

  • Koninklijke Philips N.V.
  • Invacare Corporation
  • ArjoHuntleigh
  • Stryker Corp
  • CONMED
  • GF Health Products, Inc.
  • Savaria Corporation (Span America Medical Systems, Inc.)

Pricing

Available upon Request

Key Segments Covered in Pressure Ulcer Devices Industry Research

By Product

  • Pressure Ulcer Mattresses
  • In-Shoe Sensors
  • Surface Electrodes
  • Smart e Pants
  • Alternating Pressure Wheelchair Cushions

By Distribution channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Rehabilitation Centres
  • Long Term Care Centres
  • Hypermarkets and Supermarkets
  • e-Commerce

FAQs Answered in Market Study

  • How much is the pressure ulcer devices market currently worth?

    The global pressure ulcer devices market is worth US$ 1.8 Bn at present, and is set to expand 2X over the next ten years.

  • What is the sales forecast for pressure ulcer devices through 2031?

    The market for pressure ulcer devices is expected to reach US$ 3.4 Bn by the end of 2031, with sales revenue expected to register 6.2% CAGR.

  • What was the last 5 year’s market CAGR for pressure ulcer devices?

    From 2016-2020, the market expanded at the rate of 5%, owing to rise in research & development regarding diseases across the world.

  • What are the key trends shaping the pressure ulcer devices industry?

    Increasing acquisitions and collaborations among key players, rising technological changes, launch of regional websites to boost sales, and increasing number of patients admitted to hospitals for treatment are key market trends.

  • Which are the top 5 countries driving demand for pressure ulcer devices?

    The U.S., China, Germany, Japan, and India are expected to drive most demand for pressure ulcer devices.

  • What is the North America market outlook for pressure ulcer devices?

    North America is one of the key markets for pressure ulcer devices, with the U.S. expected to account 88.2% of this regional market.

  • At what percentage is demand for pressure ulcer devices expected to register growth in Europe?

    Demand for pressure ulcer devices in Europe is expected to register growth at 6.2% CAGR over the next ten years.

  • Which countries are key producers of pressure ulcer devices?

    The U.S., U.K., and Sweden are key producers of pressure ulcer devices.

  • What are the key market statistics for China and Japan?

    The China market appears to uphold a share of 43.7% in East Asia, and is expected to exhibit a CAGR of 7.6%. Japan holds a revenue share of 35% in the region.

Media Release

- FAQs -

The global pressure ulcer devices market is worth US$ 1.8 Bn at present, and is set to expand 2X over the next ten years.
The market for pressure ulcer devices is expected to reach US$ 3.4 Bn by the end of 2031, with sales revenue expected to register 6.2% CAGR.
From 2016-2020, the market expanded at the rate of 5%, owing to rise in research & development regarding diseases across the world.
Increasing acquisitions and collaborations among key players, rising technological changes, launch of regional websites to boost sales, and increasing number of patients admitted to hospitals for treatment are key market trends.
The U.S., China, Germany, Japan, and India are expected to drive most demand for pressure ulcer devices.
North America is one of the key markets for pressure ulcer devices, with the U.S. expected to account 88.2% of this regional market.
Demand for pressure ulcer devices in Europe is expected to register growth at 6.2% CAGR over the next ten years.
The U.S., U.K., and Sweden are key producers of pressure ulcer devices.
The China market appears to uphold a share of 43.7% in East Asia, and is expected to exhibit a CAGR of 7.6%. Japan holds a revenue share of 35% in the region.
The global pressure ulcer devices market is worth US$ 1.8 Bn at present, and is set to expand 2X over the next ten years.
The market for pressure ulcer devices is expected to reach US$ 3.4 Bn by the end of 2031, with sales revenue expected to register 6.2% CAGR.
From 2016-2020, the market expanded at the rate of 5%, owing to rise in research & development regarding diseases across the world.
Increasing acquisitions and collaborations among key players, rising technological changes, launch of regional websites to boost sales, and increasing number of patients admitted to hospitals for treatment are key market trends.
The U.S., China, Germany, Japan, and India are expected to drive most demand for pressure ulcer devices.
North America is one of the key markets for pressure ulcer devices, with the U.S. expected to account 88.2% of this regional market.
Demand for pressure ulcer devices in Europe is expected to register growth at 6.2% CAGR over the next ten years.
The U.S., U.K., and Sweden are key producers of pressure ulcer devices.
The China market appears to uphold a share of 43.7% in East Asia, and is expected to exhibit a CAGR of 7.6%. Japan holds a revenue share of 35% in the region.

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