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2019-06-18
310
Global
Market Highlights
A recent report on the market for pressure relief devices published by Goldstein Research finds that it would rise at a solid 4.7% CAGR during 2017 and 2025 and projecting market’s worth to attain the value of USD 3.4 billion by 2025. The growth of the pressure relief devices market is majorly attributed to major factors such as escalating pervasiveness of pressure ulcers and rising geriatric population across the globe. According to the data provided by National Pressure Ulcer Advisory Panel in 2017, about 2.5 million patients develop pressure ulcer annually in United States, with an annual frequency of 2.5% for hospital acquired pressure ulcers. Though, the complete incidence rate is declining annually, the burden caused by pressure ulcers on health care settings is much high. Our report also provide with qualitative information on the factors mentioned below:
Key Players Mentioned In the Report
BSN medical, Inc., Hill-Rom Holdings, Inc., Paramount Bed Holdings Co., Ltd.., ArjoHuntleigh, Invacare Corporation, Talley Group Ltd., Stryker Corporation, Medtronic Plc., Acelity L.P. Inc., and GE Healthcare.
Market Segmentation
By Product Type
By End Users
By Geography
Based on geography, North America is expected to dominate the market followed by Europe during the forecast period. Dominance of North America is majorly attributed to the advanced healthcare infrastructure and dominance in healthcare expenditure. Moreover, US will maintain its dominance in North America over the forecast period. Further, Asia Pacific region and other developing nations are likely to emerge as the area with maximum growth potential owing to focus of key players in emerging economies and improving healthcare infrastructure.
Scope & Study Objectives Of This Report Are:
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Key Questions Answered In This Pressure Relief Devices Market Report
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