The latest trending report published by Crystal Market Research titled, Pressure Relief Devices Market approximates that the Pressure Relief Devices market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.
The global pressure relief devices market was worth USD 2.31 billion in the year 2014 and is expected to reach approximately USD 3.72 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.41% during the forecast period.
Pressure Relief Devices Market – Report Overview:
Body pressure has been perceived as the most vital outward figure included the advancement of weight ulcers. Pressure ulcer is restricted damage of the skin and additionally basic tissue coming about because of an outside mechanical load by our body, connected to delicate natural tissues.
The European Weight Ulcer Counseling Board (EPUAP) characterized weight ulcers into four classifications to be specific stage I (non-blanchable erythema), organize II (scraped spot or a blister), arrange III (superficial ulcer) and stage IV (profound ulcer). Stage IV is considered as the most critical weight ulcer that can make crisis restorative conditions. Weight ulcers can be averted by various help surface gadgets that incorporate pads, sleeping pads, claim to fame overnight boardinghouses.
The weight alleviation gadgets showcase is encountering critical development attributable to rising number of patients determined to have weight ulcers combined with developing geriatric population.
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Pressure Relief Devices Market – Regional Outlook:
On the basis of geography, North America represented the biggest piece of the pie in the worldwide pressure relief devices market in 2013.
However, Asia-Pacific is relied upon to witness the quickest development rate amid the gauge time frame from 2014 to 2023. Expanding geriatric population in couple of Asian nations and rising extra cash are the central point anticipated that would drive the market in Asia-Pacific.
Pressure Relief Devices Market – Top Major Market Players:
The key players of global pressure relief devices market report incorporate ArjoHuntleigh; BSN medical, Inc.; Hill-Rom Holdings, Inc.; PARAMOUNT BED HOLDINGS CO., LTD., Acelity; Invacare Corporation; and Talley Group Ltd.
Key Findings of the Research Study:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.2. Market Dynamics
4. Pressure Relief Devices Market, By Type
4.2. Pressure Relief Devices Market Assessment and Forecast, By Type, 2014-2023
4.3. Low-Tech Devices
4.4. High-Tech Devices
5. Pressure Relief Devices Market, By Region
5.2. Pressure Relief Devices Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.3. North America
5.6. Rest of the World
6. Company Profiles
6.1. Market Participation Categorization
6.2. Arjo Huntleigh
6.3. BSN medical
6.4. Hill-Rom Holdings, Inc.
6.5. Invacare Corporation
6.7. Paramount Bed Co., Ltd.
6.8. Smith & Nephew
6.10. Talley Group Ltd.