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Pressure Relief Devices Market Growth Rate and Future Outlook

  • According to IMARC Group's latest research report, titled "Pressure Relief Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", presents a comprehensive analysis of the industry, covering pressure relief devices market size, share, trends, demand, and growth prospects. The report also provides competitor and regional analysis and showcases the contemporary advancements in the global market.

    How big is the Pressure Relief Devices Market?

    The global pressure relief devices market size reached US$ 3.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.

    What are Pressure Relief Devices?

    Pressure Relief Devices (PRDs) are safety devices that are employed to prevent or relieve pressure ulcers (or bedsores) in patients who are at risk or have limited mobility. These devices typically consist of specialized surfaces or components that redistribute pressure on the body, thereby minimizing the occurrence of prolonged pressure on specific areas. By utilizing air, foam, gel, or a combination of these materials to redistribute pressure these devices reduce the intensity and duration of pressure on vulnerable body areas, while ensuring optimal support, cushioning, and proper blood circulation and tissue perfusion. In addition to this, these devices promote patient comfort, improved wound healing outcomes, and better quality of life.

    Get Free Sample Copy of Report at – https://www.imarcgroup.com/pressure-relief-devices-market/requestsample

    What are the Growth Prospects and Trends in the Pressure Relief Devices Market?

    The global market is primarily driven by the considerable rise in the incidences of pressure ulcers among the masses. This can be attributed to the increasing prevalence of numerous chronic diseases, such as diabetes, cardiovascular diseases, and neurological disorders. Also, the growing geriatric population that are more susceptible to developing various chronic ailments is propelling the market. In line with this, continual product innovations, such as the introduction of devices with improved pressure redistribution facilities, adjustable air chambers, better sensors, and smart monitoring systems are providing a impetus to the market. Moreover, the rapid expansion of home healthcare services for patients with chronic illnesses or limited mobility is propelling the demand for pressure relief devices suitable for domestic settings, thereby fueling the market. Some of the other factors contributing to the market include rapid urbanization, rising medical expenditure and extensive research and development (R&D) activities.

    Who are the key Players Operating in the Industry?

    • Acelity
    • Apex Medical Corp.
    • ArjoHuntleigh
    • Drive DeVilbiss Healthcare Ltd. (Sidhil Limited)
    • Hill-Rom Services Inc.
    • Invacare
    • Medtronic
    • Paramount Bed Holdings Co. Ltd.
    • Stryker Corporation
    • Talley Group Ltd.

    What is included in Market Segmentation?

    The report has segmented the market into the following categories:

    Breakup by Device Type:

    • Low-Tech Devices
      • Foam-Based Mattress
      • Gel-Based Mattress
      • Fiber Filled Mattress
      • Water/Fluid Filled Mattress
      • Air Filled Mattress
      • Others

    • High-Tech Devices 
      • Dynamic Air Therapy Beds
      • Kinetic Beds
      • Others

    Breakup by End-User:

    • Hospitals
    • Clinics
    • Long-term Care Centers
    • Others

    Breakup by Region:

    • North America (United States, Canada)
    • Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
    • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
    • Latin America (Brazil, Mexico, Others)
    • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

    Key Highlights of the Report:

    • Market Performance 
    • Market Outlook
    • Porter’s Five Forces Analysis
    • Market Drivers and Success Factors
    • SWOT Analysis
    • Value Chain
    • Comprehensive Mapping of the Competitive Landscape

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    IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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    Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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