About Pressure Relief Devices
Pressure Relief Devices are used to relieve the pressure from the body parts. Additionally, it reduces the chances of pressure ulcers and helps in equal distribution of body weight. It moves the patients that prevents the constant compression between bone and the surface. The pressure relief devices are used when other safety devices and operating control fails. There are various types such as static air devices and low tech devices. Since the usage of medical devices are growing due to the rising health issues the demand is increasing which is propelling the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Pressure Relief Devices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ArjoHuntleigh (India), Hill-Rom Holdings (United States), Stryker Corporation (United States), Paramount Bed Holdings (Japan), Covidien PLC (Ireland), Apex Medical (United Kingdom), Axis Medical and Rehabilitation (Australia), Drive Medical (United Kingdom), Jiangsu Dengguan Medical (China) and Sequoia Healthcare District (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Young Won Medical (South Korea).
Segmentation Overview
AMA Research has segmented the market of Global Pressure Relief Devices market by Type (Low tech devices (air filled mattresses, gel filled mattresses, foam based mattresses) and High tech devices (Kinetic bed, dynamic air therapy bed)), Application (Hospital, Clinic and Other) and Region.
On the basis of geography, the market of Pressure Relief Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution, the sub-segment i.e. Online will boost the Pressure Relief Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements like Dynamic Air Therapy Mattress
Market Growth Drivers:
Increasing Rate of Ulcers is Fueling the Market and Rising Lifestyle Related Issues Such as Obesity and Diabetes
Challenges:
Lack of Skilled Professional
Restraints:
High Costs of Devices is Hampering the Market Growth and High Costs Associated with the Treatment
Opportunities:
Rising Geriatric Population and Increasing Disposable Income
Market Leaders and their expansionary development strategies
In March 2019, Hill-Rom has acquired Voalte Inc. This acquisition will improve the leadership of the company in care communications and also will advance the communication platform.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.