The global Pressure Relief Devices Market has been envisaged in a report penned by leading market research firm, Transparency Market Research (TMR), to witness the adoption of partnership and distribution strategies to increase share. This could be due to the availability of a vast count of business opportunities on the part of pressure ulcer products. In 2015, ArjoHuntleigh and BAM Labs joined hands to make available the latter’s Smart Bed Technology in the U.S. acute care market.
According to TMR, the global pressure relief devices market has been envisioned to achieve a US$2.80 bn by the end of 2020. After having dominated the market in the recent past, low-tech device could continue posting a leading share for pressure relief devices. In terms of geography, North America has been projected to take the driver’s seat in the market, considering its command over the market since several years.
The market for pressure relief devices has been anticipated to be marked by the acquisition of smaller companies. Some of the pressure relief devices firms operating in the market could also embrace new product launch as an expansion stratagem. Companies such as Stryker Corporation, Invacare Corporation, Hill-Rom Holdings, Inc., Covidien plc, and Talley Group Limited have been anticipated to showcase their prominence in the global pressure relief devices market. The level of competition in the market could be high, owing to the growing demand for pressure relief devices.
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On account of a surging count of patients diagnosed with pressure ulcer, the demand in the world pressure relief devices market could elevate significantly in the foreseeable future. One of the most determining factors involved in the development stage of pressure ulcer is body pressure. Pressure ulcer results from an extrinsic mechanical load that causes a localized injury to an underlying tissue or the skin. As a result, the rise in obesity cases has been predicted to set the tone for a reliable market growth for pressure relief devices. Amongst the four classifications of pressure ulcer according to The European Pressure Ulcer Advisory Panel (EPUAP), stage IV (deep ulcer) could be the most critical of all, creating emergency medical conditions.
However, there are several support surface devices that could be used to prevent pressure ulcer, including mattresses, overlays, and cushions, thus contributing toward the growth of the world pressure relief devices market.