Fact.MR's new report forecasts that the global pressure ulcer relief products market will grow at a high CAGR of 6.1% between 2022 and 2026. The market is expected to be valued at $6.7 billion by the end of 2026.
Over the next few years, the pressure ulcer relief products market is expected to rise primarily due to an aging population and rising obesity rates. The rising prevalence of chronic conditions such as diabetes, dementia, and urine incontinence among persons is also predicted to fuel demand for pressure ulcer alleviation solutions across geographies.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.factmr.com/connectus/sample?flag=S&rep_id=7625
Sedentary lifestyles, rising hospitalization rates, and increased spending in healthcare research and development are likely to be major factors driving pressure ulcer relief products market growth during the next four years.
The latest research by Fact.MR, a market research and competitive intelligence provider, has profiled key market players such as Medline Industries Inc., BSN Medical (Essity), DARCO International, DeRoyal Industries, ArjoHuntleigh, Talley Group Limited, TrueKAST (Wound Kair Concepts), Invacare Corporation, Thuasne SAS, and ORTHOSERVICE AG.
The global pressure ulcer relief products market is divided into four therapeutic categories: wound care dressings, wound care devices, active therapies, and others. The wound care dressings category is expected to be highly profitable and account for a significant market share throughout the forecast period. The segment is expected to reach a total valuation of $2 billion by 2026, growing at a CAGR of approximately 7%. Meanwhile, the wound care devices category is expected to rise at a 6% CAGR throughout the projection period.
The active therapeutics area is expected to generate around US$ 1.1 billion by the end of 2026.
What is Driving the Demand for Pressure Ulcer Relief Products?
The global pressure ulcer relief products market is segmented into four therapeutic categories: wound care dressings, wound care devices, active therapies, and others. The wound care dressings segment is anticipated to be the most profitable, holding a significant market share throughout the forecast period. This segment is projected to reach a valuation of $2 billion by 2026, growing at a CAGR of approximately 7%. The wound care devices segment is expected to grow at a 6% CAGR during the forecast period.
The active therapeutics segment is expected to generate around $1.1 billion by the end of 2026.
Which Region Will Offer Lucrative Opportunities for the Ulcer Relief Products Industry?
The North American pressure ulcer relief products market is expected to be highly profitable for manufacturers in the coming years. This market growth will be driven by the presence of advanced healthcare infrastructure, an increasing number of clinical trials, growing investments in healthcare R&D, and frequent product launches.
The European market for pressure ulcer relief products is also anticipated to offer attractive business prospects in the upcoming years, fueled by the rising incidence of pressure ulcers and government initiatives aimed at boosting healthcare R&D.
Segments of Pressure Ulcer Relief Products Industry Research
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By Treatment :
- Wound Care Dressings
- Wound Care Devices
- Active Therapies
- Other Treatments
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By End User :
- Hospital Inpatient Settings
- Hospital Outpatient Settings
- Community Health Centers
- Home Healthcare
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By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
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