PUBLISHER: Market Research Future | PRODUCT CODE: 1637073
PUBLISHER: Market Research Future | PRODUCT CODE: 1637073
Report on US Pressure Relief Device Market Research by Product Type (Low Tech Devices and High-Tech Devices), by Application (Burns, Surgical Wounds, Pressure Injuries, Pediatric Ear Infections, and Others), End User (Hospitals and Clinics, Long-Term Care Centers, Home care, Rehabilitation Centers, and Others) Forecast to 2032
The US market for pressure relief devices, which was valued at USD 1,019.92 million in 2022, is expected to expand at a compound annual growth rate (CAGR) of 6.02% during the forecast period. The United States is further divided into the North, East, West, and South regions.
Medical devices called pressure relief devices (PRDs) are made to help patients who are immobilized or unable to move for prolonged periods of time avoid or treat pressure injuries, commonly referred to as bedsores or pressure ulcers. PRDs reduce tissue damage and encourage healing by shifting pressure and increasing blood flow.
The first step in the research process is the thorough acquisition of data, information, and statistics from government websites, statistics agencies, business annual reports, and commercial databases. This data establishes the study's foundation. The data also aids in defining the parameters and focusing the market research area. To extract clear data points that either currently impact or are anticipated to impact the industry throughout the forecast period, this raw data is processed and examined. Following data analysis, a unique statistical method is utilized for market estimation and forecasting, producing quantitative market and sub-segment sizes and figures for both the present and projection periods.
Following market size and estimate estimations, industry participants and influential figures are consulted to confirm the figures. The extensive network of industry players enhances the research and validates the figures and approximations presented in the study. Upon completion of the research, a final report is created and disseminated via a variety of methods and published on numerous websites. The various steps of the research process used to create the report are shown in the image below.
The US market for pressure relief devices is expanding due to the rising incidence of chronic illnesses and the aging population. The market is also constrained by the high price of pressure relief equipment. Nonetheless, the industry will have future growth prospects due to the increasing government initiatives.
Segmenting the Market
The US market for pressure relief devices has been divided into low-tech and high-tech devices based on product type.
The US market for pressure relief devices has been divided into segments based on application, including pediatric ear infections, pressure injuries, burns, and surgical wounds.
The US market for pressure relief devices has been divided into many end-user segments, including long-term care facilities, home care, rehabilitation facilities, and hospitals and clinics.
Baxter, Stryker, Arjo, Savaria Corporation, and Invacare Corporation are the major participants in the market.