The total addressable market (TAM) for pressure relief devices was valued at USD 3.44 billion in 2021. It is estimated to reach USD 6.24 billion by 2030, growing at a CAGR of 6.85% during the forecast period (2022–2030).
A pressure relief device is a cushioned appliance that is made especially for reducing pressure at specific points brought on by the patient's body weight, particularly while resting on the bed. These devices are frequently stuffed with air, water, gel, or foam to prevent pressure ulcers. These devices allow patient movement while preventing constant skin compression between the bone and the chair or mattress. The increasing prevalence of ulcers has led to the adoption of pressure-relief devices for ulcer prevention. Patients with various lifestyle-related conditions, such as diabetes, cardiovascular disease, and obesity, are helped by using pressure relief devices.
Increasing Geriatric Population Worldwide
Life expectancy has increased due to public health regulations, living conditions, and healthcare technology improvements. The aging population in the twenty-first century is expected to have significant social, economic, and political repercussions on almost every industry, including healthcare. In most geographic areas, the number of people 60 and older has significantly increased recently, and this trend is expected to pick up speed over the forecast period.
In addition, the most obvious symptoms of aging, such as sagging skin and wrinkles, are changes in the skin. Skin is more brittle, thinner, and less elastic in older people. As a result, they are more vulnerable to getting pressure ulcers. In older patients with chronic illnesses, weight loss is common. The absence of sufficient cushioning between the bones and external surfaces like beds or wheelchairs is caused by the body's loss of fat and muscles. The result of this friction is the development of pressure sores. As a result, the market will grow as there are more elderly people who need ways to prevent pressure sores.
Growing Pressure Ulcer Awareness through Campaigns and Events
The prevention of pressure ulcers requires an interdisciplinary approach to their management. Each patient's needs must be considered when providing care, despite the fact that some aspects of the treatment can be made simpler. Doctors and nursing care staff must be involved in pressure ulcer prevention. As a result, these professionals must receive pressure sore management training. More awareness among physicians and patients is anticipated to be facilitated by campaigns and related activities. Additionally, the Agency for Healthcare Research and Quality offers guidelines as a toolkit for preventing pressure ulcers in hospitals. Therefore, the market will ultimately be driven by growing initiatives to manage pressure ulcers.
Costly Pressure Relief Equipment
A significant obstacle in the market for pressure relief devices is the high price of medical beds and mattresses and the absence of reimbursement policies. Accordingly, there is negligible demand for in-house medical care requiring specialized mattresses and beds. As a result, most healthcare organizations in this market are hospitals and nursing homes.
Additionally, the Centers for Medicare & Medicaid (CMS) no longer pays hospitals for treating patients who develop pressure ulcers while receiving care from the facility. As a result, hospitals are forced to incur extra expenses. A high-tech medical mattress typically costs between USD 1,200 and USD 1,500. However, the installation and maintenance fees may be included in the overall costs. The price of low-tech pressure relief tools can reach USD 600.
Growing Demand for Preventive Measures and Healthcare Infrastructure
Constant change and improvement have been hallmarks of the worldwide healthcare system. Pressure ulcer patients have increased the demand for cutting-edge medical devices like pressure relief devices, which has coincided with the rapid development of healthcare infrastructure. Furthermore, the expansion of the healthcare sector and the rise of public-private partnerships (PPP) in this sector are driving demand for pressure relief devices. Manufacturers are looking for formal agreements with hospitals specializing in second guesses in expensive surgical procedures. Population health management is responsibly gaining steam. It is anticipated that the demand for pressure relief devices will increase during the forecast period due to rising healthcare spending and better-developed healthcare infrastructure.
Study Period | 2018-2030 | CAGR | 6.85% |
Historical Period | 2018-2020 | Forecast Period | 2022-2030 |
Base Year | 2021 | Base Year Market Size | USD 3.44 Billion |
Forecast Year | 2030 | Forecast Year Market Size | USD 6.24 Billion |
Largest Market | North America | Fastest Growing Market | Europe |
North America Dominates the Global Market
By region, the global pressure relief devices market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
North America is the most significant shareholder in the global pressure relief devices market and is expected to grow at a CAGR of 6.58% over the forecast period. The North American pressure relief devices market includes the U.S. and Canadian markets. The development of primary, secondary, and tertiary care hospitals fosters the expansion of the North American market for pressure relief devices. Government funding and a strong reimbursement network are other essential aspects that will likely drive market expansion.
Additionally, North America's population is aging quickly, expanding the demand for pressure relief devices. The New York Times predicted that by 2025, nearly 18.1% of Americans would be 65 or older. An increase in the number of elderly patients with chronic illnesses is causing an enormous burden on healthcare systems. Accountable Care Organizations and U.S. government initiatives are anticipated to offer incentives to healthcare providers across all medical specialties and settings. They have the power to alter the situation of rising healthcare costs fundamentally.
Europe is expected to grow at a CAGR of 5.54% over the forecast period. The main forces driving regional growth are rising public and private R&D expenditures, rising medical device demand, and rising rates of chronic illness in the region. A growing preference for healthcare delivery at home, supportive reimbursement policies, a rising geriatric population suffering from chronic illnesses, and rising pressure ulcer management demand are some factors driving the market. Major factors anticipated to propel market growth include rising health awareness and increasing demand for cutting-edge technologies. Growing healthcare spending in this region is anticipated to accelerate technological development in the healthcare sector. Pressure relief devices are also being used by favorable reimbursement policies, rising government spending on long-term healthcare, and expanding healthcare research infrastructure.
Asia-Pacific is expected to grow significantly over the forecast period. The use of pressure relief devices in hospitals has increased due to the rising prevalence of chronic diseases. The Asia-Pacific region has a sizable population and a low per capita income, increasing the demand for accessible treatment options. International businesses are eager to invest in developing nations like South Korea, Japan, and India. As a result, many global market players are forming strategic partnerships with regional ones, which is expected to accelerate the market expansion for pressure relief devices.
Brazil is a significant economic engine for Latin America. According to estimates, this region spends 7.6% of its GDP on healthcare, which places it third in the world behind North America and Western Europe. Major factors anticipated to propel market growth include rising health awareness and demand for technologically advanced medical devices, including pressure relief devices. It is anticipated that rising demand for technologically advanced equipment will increase the adoption of pressure relief devices in hospitals due to factors including rising private and public investments in healthcare R&D, the prevalence of chronic diseases, and favorable reimbursement policies for medical devices. In addition, the Pan American Health Organization and WHO's eHealth initiative in Latin America is anticipated further to support the development of the pressure relief devices market.
Middle Eastern nations with thriving economies and rapid population growth include Saudi Arabia. The main drivers of the market expansion for pressure relief devices are anticipated to be the rising regional disease burden, increasing privatization, and increasing health insurance penetration. The development of the healthcare system is anticipated to increase demand for pressure relief equipment in this area. The Middle East region's diverse socioeconomic conditions and political developments foster expansion opportunities for R&D in the healthcare sector.
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The global pressure relief devices market is segmented by type.
Based on type, the global pressure relief devices market is bifurcated into low-tech devices and high-tech devices.
The low-tech segment is the highest contributor to the market and is expected to grow at a CAGR of 6.23% over the forecast period. To avoid developing pressure sores and pressure ulcers, mattresses are typically used as low-tech pressure relief devices. There are several different kinds of mattresses, including foam-based mattresses, gel-based mattresses, fiber-filled mattresses, water-filled mattresses, and air-filled device mattresses. Since low-tech pressure relief devices are widely preferred for their therapeutic effects, lower cost, and easier accessibility, this segment dominated the market in 2021 and held the largest revenue share.
Furthermore, pressure relief mattresses are more popular with patients because they are simple to install, give patients mobility, are highly therapeutic, and are simple to clean and decontaminate. In addition to any other pressure ulcer prevention techniques, these low-tech pressure relief devices can be used.
The dynamic air therapy and kinetic beds make up most of the high-tech pressure relief equipment. Both segments show how pressure ulcer prevention and treatment have advanced technologically. Dynamic air therapy beds dominated the market share for high-tech pressure relief devices. Due to their relatively high usage volume and cost-effectiveness compared to kinetic beds, these beds were also the segment with the fastest growth. In order to lessen pressure, these devices employ dynamic surfaces. These surfaces are crucial if patients fully compress the static support surface or cannot change positions without putting weight on the pressure ulcer.