The North America Pressure Relief Devices Market would witness market growth of 5.3% CAGR during the forecast period (2023-2030).
The increasing prevalence of pressure ulcers due to a highly susceptible and increasingly aging population are some factors that mainly boost the growth of the market. Pressure ulcers, often known as bedsores, are more likely to appear in the elderly population. In most regions, the number of adults 60 and older has risen significantly in recent past. One of the main reasons influencing the market growth is the rising prevalence of pressure ulcers and the increased awareness of the various treatments for diabetic ulcers.
For instance, a North American study estimates that by 2060, the number of Americans 65 and older will be close to 98 million. Patients' prolonged bed rest due to various medical problems, including numerous bone fractures, cancer, and other severe diseases usually suffer from pressure ulcers, which hastens the adoption of pressure relief devices. As a result, both medical professionals and end users have dramatically increased their demand for pressure ulcer devices.
According to the American Cancer Society, there were around 234,030 new instances of lung cancer diagnosed in the United States in 2018, with approximately 154,050 deaths attributable to lung cancer. Approximately 541,000 Americans have been diagnosed with lung cancer at a certain point in their life, as per the American Lung Association. Lung cancer has been diagnosed in the majority of patients in the last five years. In the United States, tens of thousands of people are treated for non- small cell lung cancer (NSCLC) each year. As a result of the rising prevalence of lung cancer, the market is predicted to rise.
The US market dominated the North America Pressure Relief Devices Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.4 billion by 2030. The Canada market is anticipated to grow at a CAGR of 7.6% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 6.7% during (2023 - 2030).
Based on Type, the market is segmented into Low-Tech Devices (Foam-based Mattress, Gel-based Mattress, Fiber Filled Mattress, Water/Fluid Filled Mattress, and Air-Filled Mattress), and High-Tech Devices (Dynamic Air Therapy Beds, and Kinetic Beds). Based on Application, the market is segmented into Pressure Ulcers, Surgical Wounds, Burns, and Others. Based on End User, the market is segmented into Hospitals, Clinics, Long Term Care Centers, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Pressure Relief Devices Market is Projected to reach USD 5.5 Billion by 2030, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Arjo AB (Huntleigh Healthcare Ltd.), Essity AB (BSN medical), Hill-Rom Holdings, Inc. (Baxter International, Inc.), Invacare Corporation, GE HealthCare Technologies, Inc., Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.), Smith & Nephew PLC, Stryker Corporation, Talley Group Ltd. (Direct Healthcare Group)
By Type
By Application
By End User
By Country
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