Pressure Ulcer Devices Market 2022-2031
New Study Reports “Pressure Ulcer Devices Market 2022 Global Analysis By Key Regions, Production, Consumption, Revenue, Applications, Growth and Forecasts 2031” has been Added on PersistenceMarketResearch.
Report Details:
The global Pressure Ulcer Devices Market is estimated to grow noticeably in the next 10 years. With personalization doing the rounds, the healthcare vertical is also not expected to escape. With digitization, not just the track record of the patient but also the precautionary measures to be taken could be put forth. This would be how the healthcare vertical go about in the subsequent period.
According to Persistence Market Research’s most recent study, the global pressure ulcer devices market topped US$ 1.7 Bn in 2020, and is anticipated to showcase a CAGR of around 6.2% during the forecast period (2021-2031).
Pressure ulcers or injuries can affect a patient’s functional recovery by causing pain and infection, and can also lead to longer hospital stays. The presence of pressure ulcers is due to overall poor prognosis and sometimes leads to premature mortality in some patients.
Rising geriatric population is leading to complex diseases, which results in longer stays in hospitals, and this increases the chances of pressure ulcers. Rise in incidence of chronic disorders across the world has led to more number of people admitted to hospital for longer periods. According to the International Diabetes Federation, around 422 Mn people in the world were living with diabetes in 2016, and it is estimated that over 10% of the world’s adult population (642 Mn) will have diabetes by 2040.
Expansions and mergers & acquisitions are the key strategy replied upon by market players to enhance their stance in this industry.
- In December 2020, ArjoHuntleigh announced the acquisition of AirPal. The acquisition strengthens Arjo’s Patient Handling portfolio.
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Key Players:
The report has profiled some of the important players prevalent in the global like – Acquisitions, expansions, collaborations, approvals, and product launches are key strategies being adopted by manufacturers and distributors to enhance their sales prospects.
- In January 2021, Koninklijke Philips announced the acquisition of Capsule Technologies, Inc. to expand its leadership in patient care management.
- In June 2021, Koninklijke Philips partnered with UAE’s leading telecommunication company to help the country fast-track its transformation of data-driven healthcare.
- In June 2017, Savaria Corporation completed the acquisition of Span-America Medical Systems, Inc., which benefits Savaria by increasing its presence in the U.S.
and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Pressure Ulcer Devices Market. 
Key Takeaways from Market Study
- By product, pressure ulcer mattresses are expected to hold over 42% market value share by the end of 2031, primarily because of the presence of key market players for production across the world.
- Long-term care centers dominated the end user segment with a share of around 25.6% in 2021.
- By region, North America is slated to be the largest market and is expected to represent a value share of over 30% by 2031.
“Prolonged treatment of certain diseases leads to extended hospitalization of patients, resulting in increasing incidence of pressure ulcers, which is anticipated to drive market progress,” says an analyst of Persistence Market Research.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
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Key Questions Answered in the Pressure Ulcer Devices Market Report
How is the Pressure Ulcer Devices Market expected to grow over the projected period?
What direction is the Pressure Ulcer Devices Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Pressure Ulcer Devices Market in future?
What are the key market drivers in the Pressure Ulcer Devices Market?
What are significant opportunities and improvement areas for Pressure Ulcer Devices Market manufacturers?
What are the key developments and trends taking over the Pressure Ulcer Devices Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Pressure Ulcer Devices Market?
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