Over the next five years the Pressure Ulcers Treatment Market will register a 6.24% CAGR in terms of revenue, the global market size will reach USD 6,375.58 million by 2027.
Pressure ulcers also are known as ulcerations or compression sores, are injuries caused to skin and tissues primarily caused by prolonged pressure on the skin. Pressure ulcers can range in harshness from patches of discolored skin to open injuries that expose the underlying bone or muscle. The geriatric population is more disposed to the development of pressure ulcers that are also known as bedsores. The number of people aged 60 years and above has been considerably increasing in recent years in most of the regions, and it is expected to keep growing over the coming years. For instance, according to the Centre for Disease Control and Anticipation (CDC) in August 2020, around one in 10 seniors with limited mobility developed bedsores. This factor will be contributively to the market growth. Additionally, as per the data published by the United States Division of Health and Human Services in 2020, around 2.5 million people in the United States were pretentious by pressure ulcers every year. Moreover, the behaviors for these ulcers cost more than around USD 9.1-11.6 billion every year in the United States. These upsetting expenses are contributing to the rising demand for bedsore management treatment.
Stryker’s InSpace subacromial balloon spacer two-year, Level 1 randomized controlled clinical study published in the Journal of Bone and Joint Surgery
Kalamazoo, Michigan, USA – Stryker (NYSE:SYK) announced today the publication of results from a multicenter, single-blinded, randomized controlled trial comparing Stryker’s InSpace implant with partial repair for the treatment of full-thickness massive rotator cuff tears (MIRCTs) in the Journal of Bone and Joint Surgery (JBJS).
The comparative study evaluated the efficacy and safety of Stryker’s InSpace implant with arthroscopic partial repair in patients with irreparable, posterosuperior MIRCTs.
Results of the two-year study demonstrated the InSpace implant as an appropriate alternative to partial repair in patients with MIRCTs. The study also revealed notable patient benefits including early functional recovery and pain relief combined with a shorter operative time.
By Type, it is segmented into
By Applications, it is segmented into
North America is expected to hold a major market share in the global pressure ulcer treatment market due to the rising geriatric population, increasing the number of cases of pressure ulcers among the geriatric population, and surge in demand for dressings, devices, and sealants in this region. Moreover, the rise in the adoption of advanced technologies in wound care therapy and the presence of well-established healthcare facilities is fueling the growth of the overall regional market to a large extent.
According to the World Ageing 2019 report, in 2019, there were about 53.340 million (16.2%) in the population aged 65 years or over in the United States. This number is projected to reach 70.842 million (20.3%) in 2030. Furthermore, people over 65 are particularly vulnerable to pressure ulcers due to factors such as reduced aging of the skin, blood supply, and a higher rate of mobility problems.
All these factors greatly affect the Pressure Ulcers Treatment market growth. It further aims at providing a complete overview on a detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis, and changing market growth factors in regions such as Follows,
The Pressure Ulcers Treatment Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Pressure Ulcers Treatment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Pressure Ulcers Treatment Market with detailed analysis of the overall scenario for the market. It also highlights the business participants' environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Pressure Ulcers Treatment Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 6.24% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Arjo AB (publ) (Stockholm :ARJO-B.ST), Hill-Rom, Stryker Corporation (NYSE :SYK), Invacare, Linet, Permobil, Stiegelmeyer, EHOB, GF Health, APEX Medical Corporation |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 134 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Pressure Ulcers Treatment Market is studied from 2017 - 2027.
Who are the key players in Pressure Ulcers Treatment Market?
Arjo AB (publ) (Stockholm :ARJO-B.ST), Hill-Rom, Stryker Corporation (NYSE :SYK), Invacare, Linet, Permobil, Stiegelmeyer, EHOB, GF Health, APEX Medical Corporation, Yuwell Medication, Jiahe Medical Equipment, Ture Source Technology Co.Ltd, Guangzhou Shawn, and others.
What are the significant types of Pressure Ulcers Treatment Market?
Mattress, Beds, Mats, Other.
What are the major end-use applications of the Pressure Ulcers Treatment Market?
Hospitals, Nursing Home, Household, Others.
What segments are covered in the Pressure Ulcers Treatment Market report?
The Global Pressure Ulcers Treatment Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Pressure Ulcers Treatment Market?
The sample report for the Pressure Ulcers Treatment Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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