ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

$4.7 Billion Worldwide Pressure Ulcer Relief Products Industry to 2027 - Alginate Dressings Present Promising Outlook - ResearchAndMarkets.com

September 14, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Sep 14, 2021--

The “Pressure Ulcer Relief Products - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Amid the COVID-19 crisis, the global market for Pressure Ulcer Relief Products estimated at US$4.7 Billion in the year 2020, is projected to reach a revised size of US$6.9 Billion by 2027, growing at a CAGR of 5.9% over the analysis period 2020-2027.

Wound Care Dressings, one of the segments analyzed in the report, is projected to record a 7.2% CAGR and reach US$2.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wound Care Devices segment is readjusted to a revised 6.2% CAGR for the next 7-year period.

ADVERTISEMENT

The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 8.5% CAGR

The Pressure Ulcer Relief Products market in the U.S. is estimated at US$1.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$649.8 Million by the year 2027 trailing a CAGR of 8.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 5.6% respectively over the 2020-2027 period.

Active Therapies Segment to Record 5.6% CAGR

In the global Active Therapies segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$605.3 Million in the year 2020 will reach a projected size of US$874.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$524.4 Million by the year 2027, while Latin America will expand at a 6.3% CAGR through the analysis period.

Select Competitors (Total 117 Featured) -

  • 3M
  • ArjoHuntleigh
  • B. Braun Melsungen AG
  • Cardinal Health, Inc.
  • Coloplast A/S
  • ConvaTec Group PLC
  • Essity AB
  • GF Health Products
  • Hill-Rom Company
  • Integra LifeSciences
  • Invacare Corp.
  • James Consolidated Inc.
  • Joerns Healthcare
  • Linet spol. s.r.o
  • Molnlycke Health Care AB
  • Permobil
  • Smith & Nephew plc
  • Span-America Medical Systems
  • Steigelmeyer Group
  • Stryker Corp.

ADVERTISEMENT

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 and a Looming Global Recession
  • Providing Wound Care Amid COVID-19 Pandemic
  • Telemedicine, Remote Patient Monitoring Takes Center Stage
  • Home Care Gains Preference Led by Low Risk of Exposure
  • Physician Visits and Office-Based Labs and Ambulatory Surgery Centers Emerge as Other Viable Options
  • Pressure Ulcer: A Pressure Perpetrated Wound
  • Underlying Causes of Pressure Ulcers
  • Risk Factors for Pressure Ulcers
  • Stages of Pressure Ulcer Formation
  • NPUAP Revision of Pressure Ulcer Stages
  • Prevention: The Basic Remedy
  • Prevention with Support Surfaces
  • Treatment of Pressure Ulcers
  • Global Market for Pressure Ulcer Treatment Products: Prospects & Outlook
  • Developed Regions Lead, Developing Economies to Spearhead Future Growth
  • Competition
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rise in Prevalence of Pressure Ulcers Drives Focus onto Novel Treatment Solutions
  • Rising Awareness About Pressure Injuries Driving Adoption of Advanced Treatment Options
  • Pressure Ulcer Treatment Market Shifting More Towards Preventive Care
  • Malnutrition: An Important Factor for Pressure Ulcers in Least Developed Countries
  • Aging Population at High Risk of Developing Pressure Ulcers Emerges as a Key Target Patient Category
  • Rising Incidence of Diabetes and the High Risk of Pressure Ulcers in Diabetics Augurs Well for the Market
  • High Risk of Pressure Ulcers in Patients Undergoing Surgeries Drives Need for Pressure Ulcer Preventive and Treatment Solutions
  • With Obese Individuals at Increased Risk of Developing Pressure Ulcers, Increasing Obesity Prevalence to Drive Demand
  • With Sacral Area Prone to Pressure Ulcers, Demand Rises for Sacral Pressure Ulcer Treatment Products
  • Topical Ointments Remain Preferred Wound Management Solution
  • Wound Dressings: An Essential Part of Pressure Ulcer Management
  • Keratin-based Wound Dressings Gain Prominence in Pressure Ulcer Treatment
  • Collagen Wound Dressings Find Use in Treatment of Pressure Ulcer Wounds
  • Alginate Dressings Present Promising Outlook
  • Advanced Wound Care: Addressing Treatment Needs of Complex Pressure Ulcers
  • Biodegradable Dressing: An Advanced Wound Care Product for Venous Ulcers
  • Tissue Engineering Gains Traction in Treatment of Pressure Ulcers
  • Growing Focus on Developing Patient-Centric Products
  • Support Surfaces Play a Key Role in Minimizing Pressure Ulcers
  • Prevention and Treatment of Pressure Ulcers/Injuries: New Clinical Practice Guidelines
  • Digital Transformation Boosting Wound Management Protocols
  • Technological Innovations in Pressure Ulcer Wound Care & Prevention to Drive Market Growth
  • New Wound Care Dressing Products and Therapies to Pressure Ulcer Care
  • Opera Impulse Pressure Care Mattresses System
  • Standard Textile’s DermaTherapy Silk-Like Linens
  • Impact of Healthcare Expenditure on Market Growth

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/h1k40j

View source version on businesswire.com:https://www.businesswire.com/news/home/20210914005944/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: GENERAL HEALTH HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 09/14/2021 12:41 PM/DISC: 09/14/2021 12:42 PM

http://www.businesswire.com/news/home/20210914005944/en