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Pressure Relief Devices Market Size, Share with Industry Forecast 2035\
Vantage Market Research

Press Release   -   Pressure Relief Devices Market to Reach USD 5.9 Billion by 2035

Vantage Market Research | 20 Jan 2025

Healthcare

Pressure Relief Devices Market to Reach USD 5.9 Billion by 2035

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According to analysts at Vantage Market Research, the Global Pressure Relief Devices Market size is worth USD 3.9 Billion in 2024 and is projected to reach USD 5.9 Billion by 2035, growing at a CAGR (Compound Annual Growth Rate) of 5.3% from 2024 to 2035. Key trends of market include technological innovations like smart devices, increased adoption in home care, government funding, growing awareness of pressure ulcer prevention, and rising demand from aging populations.

Market Overview

Government investment is a key driver in the pressure relief devices market as many healthcare systems allocate funding to improve patient care and reduce the incidence of pressure ulcers. Governments are increasingly recognizing the importance of preventing and managing pressure ulcers, particularly in hospitals, nursing homes, and long-term care facilities. As a result, there has been a rise in public funding for advanced pressure relief technologies such as specialized mattresses, cushions, and seat pads. These investments aim to enhance patient comfort, improve treatment outcomes, and reduce the healthcare costs associated with pressure ulcer complications. Additionally, government initiatives to promote healthcare quality and safety standards further contribute to the growth of the market.

Pressure relief devices are specialized cushioned tools designed to alleviate pressure on specific areas of the body, particularly for patients who remain bedridden for extended periods. These devices aim to reduce the risk of pressure ulcers by evenly distributing body weight and minimizing strain on vulnerable points. Typically, they are filled with materials such as air, water, gel, or foam, which help in providing comfort and preventing skin damage caused by prolonged pressure.

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Key Takeaways from the Report

  • In 2024, North America dominated the market with largest market share of 39.70%. Market is driven by  growing geriatric population, and increasing approvals and R&D investments
  • In 2024, based on the Type, the Low-Tech Devices category accounted for significant market share of 67.80% in market. The segment growth is driven by cost-effectiveness of the low-tech mattresses, and easy availability in the market
  • In 2024, based on the Application, the Pressure Ulcers category accounted for significant market share of 54.20%.  
  • In 2024, based on the End User, the hospitals category holds the largest market share. The segment is driven by several key factors, such as the increasing number of hospital beds and the expansion of healthcare facilities globally necessitate the installation of effective pressure management systems to ensure patient safety and comfort

Top Companies

  • Apex Medical Corp.
  • Medtronic Plc
  • Invacare
  • Stryker Corporation
  • Acelity
  • ArjoHuntleigh
  • Hill-Rom Services Inc
  • Talley Group Ltd.
  • Paramount Bed Holdings Co. Ltd

Report Coverage

Our market research reports provide comprehensive insights that are essential for strategic decision-making. We cover all key aspects of the market, including dynamics such as drivers, restraints, opportunities, and challenges, alongside the latest industry trends. Our analysis includes an in-depth technology roadmap, product life cycle evaluation, and PESTLE analysis, ensuring a thorough understanding of the market environment. We also assess GDP growth outlooks, examine regional market landscapes, and evaluate the impact of major events like the COVID-19 pandemic. Additionally, our reports feature a detailed competitive landscape, including company market shares and profiles, providing actionable intelligence to empower your business strategies.

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Healthcare

Pressure Relief Devices Market to Reach USD 5.9 Billion by 2035

20 Jan 2025

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