The size of pressure relief devices market worldwide reached USD 3.41 Billion in 2021, and a revenue Compound Annual Growth Rate (CAGR) of 6.83% is anticipated throughout the forecast period. Key factors fueling the growth in market revenue include a surge in hospitalizations, an increased uptake of pressure-relieving mattresses among elderly patients, and heightened awareness about pressure ulcers facilitated by various campaigns and initiatives. Moreover, the growing incidence of dementia cases is expected to contribute significantly to the revenue expansion of the pressure relief devices market from 2022 to 2030.
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Market Overview:
In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Key Players covered in this report are
Smith Nephew PLC, Stryker Corporation, 3M Health Care, Medtronic PLC, Direct Healthcare Group, Invacare Corporation, Drive DeVilbiss Healthcare Ltd., Apex Medical Corporation, GE Healthcare, and Acelity L.P. Inc.
Based on Type Outlook is segmented into:
- Static
- Dynamic
Based on Application Outlook is segmented into:
- Pressure Ulcers
- Foot Ulcers
- Others
Based on End-Use Outlook is segmented into:
- Hospitals
- Clinics
- Long-Term Care Centers
- Others
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East Africa
Major Points covered in this report are as below:
- An analysis of Pressure Relief Devices industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
- In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
- In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
- This report provides information on the market status of Pressure Relief Devices manufacturers and provides valuable insight into the market for companies and individuals.
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