The global pressure relief devices market, mainly driven by competitive pricing from players and the ability to treat chronic and acute wounds, was valued at $268 million in 2013, and expected to reach $379 million by 2018, at a CAGR of 7.5%. The pressure relief devices market is the fastest-growing segment of $3.4 billion global therapy devices market.
The report ‘Global Pressure Relief Devices Market Forecast, 2012-2018’ analyzes the market of pressure relief devices by types such as low-tech devices and high-tech devices. Low-tech devices is again subdivided into types namely; standard foam mattresses, alternative foam mattresses/overlays, gel filled mattresses/overlays, foam filled mattresses/overlays, fiber filled mattresses/overlays, and air filled mattresses. High-tech devices is divided into alternative pressure devices, air fluidized devices, low air loss devices, and turning beds/frames. Growth in this market is witnessed due to increase in the aging population worldwide demanding increased need in healthcare sector.
Asia is the fastest-growing market because of increase in aging population and high prevalence of chronic wounds. Pressure relief devices are useful for patients suffering from pressure ulcers or decubitus ulcers. Growing confidence of physicians in pressure relief devices and patient awareness are also among the major driving forces for pressure relief devices market. Asia has become the most attractive market as it consists of both developed and developing markets which have great potential. Although penetration is currently low, the market in Asia presents potential opportunity for growth of pressure relief devices due to its higher population base, increasing patient awareness, rising chronic patients and higher disposable incomes.
In North America (US, Canada and Mexico) and Europe (Germany, France, Italy, Spain, UK), the rising rates of chronic wounds and ageing population has motivated companies to focus on therapy devices wound care products. In Europe, the pressure relief devices market is forecast to rise from $59 million to $83 million in the next five years, with a growth rate of 7.4%. The pressure relief devices market is better accepted in developed countries due to favorable reimbursement rates. The changing business environment and increased patient needs has brought about the development of innovative therapy devices that are easier to use, more comfortable and provide quick wound healing with less pain.
It is estimated that on an average 11% of people in nursing centers suffer from decubitus ulcers in the United States. There is high prevalence of chronic disease in Asia because of growing aging population and change in lifestyles. Whereas, in North America and Europe, it’s because of high diabetes and obese population.
The report also provides an extensive competitive landscaping of companies operating in pressure relief devices market. The main companies operating in Pressure Relief Devices market and extensively covered in this report are Hill-Rom (VersaCare), Stryker (PLEXUS Auto Aire), Arjohuntenliegh, and Invacare, Inc. Segment and country-specific company shares, news & deals, mergers and acquisitions, segment specific pipeline products, product approvals, and product recalls of the major companies have been detailed.
Customization Options
Along with the market data, you can also customize MMM assessments that meet your company’s specific needs. Customize to get comprehensive industry standard and deep dive analysis of the following parameters:
Product Analysis
- Usage pattern (in-depth trend analysis) of products (segment wise)
- Product matrix which gives a detailed comparison of product portfolio of each company mapped at country and sub-segment level
- Applications of the products (segment wise and country wise)
- Comprehensive coverage of product approvals, pipeline products and product recalls
Epidemiology Data
- Country-specific prevalence of pressure ulcers
- Country-specific patient pool of pressure ulcers
- Disease progression (pattern analysis)
Surgeons/Physicians Perception Analysis
- Fast turn-around analysis of surgeons’ response to market events and trends
- Pattern analysis of usage of pressure relief devices products by physicians
- Surgeons’ opinion about products from different companies
- Surgeons’ qualitative inputs on epidemiology data
Brand/Product Perception Matrix
- Comprehensive study of customers perception and behavior through our inbuilt social connect tool checking the virality and tonality of blogs
- Analysis of overall brand usage and familiarity and brand advocacy distribution (detractor/neutral/familiar)
Pricing Trend
- Cost analysis of pressure relief devices in various countries
Alternative Products: Impact analysis
MMM’s healthcare decision making quadrant is an innovative and useful quadrant for vendors who wish to analyze the potential growth markets based on parameters like patient dynamics (patient pool, epidemiology of disease, preference towards surgeries/alternative therapies) and macroeconomic indicators (aging population, reimbursement scenario, treatment rate and healthcare expenditure).
1 Introduction
1.1 Analyst Insights
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
2 Executive Summary
3 Market Overview
4 By Applications
4.1 Skin Ulcers (Wound Management)
4.2 Burns (Wound Management)
4.3 Surgical Wounds (Wound Management)
5 By Geographies
5.1 North America
5.2 Europe
5.3 Asia
5.4 Rest of World
6 By Companies
6.1 Paul Hartmann AG
6.2 Smith & Nephew
6.3 Kinetic Concepts, Inc.
6.4 Molnlycke Healthcare
6.5 ConvaTec
6.6 Systagenix
6.7 3M Health Care
6.8 Coloplast
6.9 Other Companies
6.10 Hollister Incorporated
6.11 Derma Lifesciences
6.12 Urgo Medical
6.13 NovaSpine LLC
6.14 Innovative Therapies Inc
6.15 Medela Inc
6.16 Stryker Corporation
6.17 Arjohuntleigh
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Asian Pressure Relief Devices Market The Asian Pressure Relief Devices Market was valued at $27 million in 2013 and expected to be $41 million by 2018, growing at a CAGR of 8.7%. The report “Asian Pressure Relief Devices Market Forecast, 2012-2018“analyzes the market of Pressure Relief Devices by 2 types such as Low-tech devices and High-tech devices. The main companies operating in this market and extensively covered in this report are Hill-Rom (VersaCare), Stryker (PLEXUS Auto Aire), Arjohuntenliegh, Invacare, Inc., and others. |
Upcoming | |
European Pressure Relief Devices Market The European Pressure Relief Devices Market was valued at $59 million in 2013 and expected to be $83 million by 2018, growing at a CAGR of 7.4%. The report “European Pressure Relief Devices Market Forecast, 2012-2018” analyzes the market of Pressure Relief Devices by 2 types such as Low-tech devices and High-tech devices. The main companies operating in Pressure Relief Devices market and extensively covered in this report are Hill-Rom (VersaCare), Stryker (PLEXUS Auto Aire), Arjohuntenliegh, Invacare, Inc., and others. |
Upcoming | |
North American Pressure Relief Devices Market The North American Pressure Relief Devices Market was valued at $160 million in 2013 and expected to be $224 million by 2018, growing at a CAGR of 7.3%. The report “North American Pressure Relief Devices Market Forecast, 2012-2018“analyzes the market of Pressure Relief Devices by 2 types such as Low-tech devices and High-tech devices. The main companies operating in Pressure Relief Devices market and extensively covered in this report are Hill-Rom (VersaCare), Stryker (PLEXUS Auto Aire), Arjohuntenliegh, Invacare, Inc., and others. |
Upcoming |