San Francisco, California, January 22, 2018 – The global smart e-pants market is prognosticated to collect strong growth prospects due to the growing pool of patients that develop pressure ulcer and the insufficiency of effective treatments for the same. In a report by TMR Research, the future growth of the market is comprehensively explained with critical factors taken into account. The report is titled “Smart e Pants Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025.” After cardiovascular disease and cancer, pressure ulcer is studied to be among the most physically debilitating and expensive healthcare concerns.
For caregivers as well as medical professionals, pressure ulcer still remains as a matter of serious concern to this day. A lot of efforts have been put into the research and development of the treatment of this disease and understanding its causes. This could be owing to the serious effect of the disease on the patient’s finances and most importantly, their quality of life. In comparison with the presence scenario, Europe, North America, and other developed regions have facilitated the development of more effective and innovative treatments with the help of their efficient advisory panels. Moreover, these panels have been working on gaining a better understanding of the disease.
In the near future, the growth of the world smart e-pants market could see a rise because of the potential decrease in the cost of pressure ulcer treatment for different severities. Some types of pressure ulcer could require muscle flaps, skin graft, and other sophisticated surgical interventions while others could require several months to years of wound care treatment. Pressure ulcer patients usually require to stay longer in healthcare centers or hospitals and additional medical care to prevent reoccurrence of the disease and ensure timely treatment. Thus, there could be a rising demand for smart e-pants in the coming years.
The patient pool likely to be infected with pressure ulcer could grow with the rising incidence of diabetes and swelling geriatric population. Moreover, the increasing occurrence of spinal cord and head trauma injuries and musculoskeletal diseases causing patients to be confined to a wheelchair or bed could also eventually improve the demand for smart e-pants. Another factor which could help with market growth is anticipated to be the increasing count of senior patients in nursing homes and long-term care centers.
Smart e-pants are not yet available commercially. However, in various pilot studies, they have already been tested in a number of patients. Some studies suggest that smart e-pants could be used by patients in various healthcare facilities such as rehabilitation centers and acute care hospitals. The cost of smart e-pants could vary from a US$400 to US$1,700. Most players functioning in the international smart e-pants market are expected to focus on Europe and North America for lucrative opportunities. The key for market growth in these regions could be the easy availability and expensive cost of smart e-pants.
However, the factor of high cost may not bode well in emerging regions such as the Middle East and Africa, Latin America, and Asia Pacific. These regions could exhibit a smaller growth in the international smart e-pants market despite the colossal size of the populations therein and vast pool of pressure ulcer patients. The market could include leading companies such as PrevBiotech. Although different styles of smart e-pants have been developed in the market, there could be a handful of players operating.
Get Sample Copy of this Report