Pressure Ulcers Treatment Market: High Incidence of Age-related, Hospital-acquired Pressure Ulcers among the elderly underscores Growth; Adoption of Biological Variants to Gather Momentum in future, TMR
- Pressure ulcers are becoming more common as a geriatric issue, which is likely to drive the global pressure ulcers treatment market in the forthcoming years
- Advancements in technology have boosted the usage of bioengineered wound dressings, with a variety of biological products now being applied to treat pressure injuries and ulcers
ALBANY, N.Y., March 29, 2021 /PRNewswire/ -- Pressure ulcers refer to those injuries that occur on the tissue beneath the skin and the skin itself and it occurs as a result of prolonged skin pressure. Pressure sores or bedsores or pressure sores are other names for pressure ulcers. These ulcers can affect anyone, but they are more common in people who are restricted to a wheelchair or bed for an extended period of time. Changes in dressings, posture, and the usage of a particular type of mattress to relieve pressure are all utilized to treat pressure ulcers. However, surgery may be required in a few cases. Increasing incidences of such ulcers are estimated to propel growth of the global pressure ulcers treatment market in the years to come.
The major driving factor of the global pressure ulcers treatment market has been a significant increase in the aging population affected with disabilities. In addition to that, the increasing occurrence of hospital-acquired pressure ulcers is likely to augur well for the global pressure ulcers treatment market in the near future. While different stakeholders present a diverse range of innovative wound care dressings, devices, and treatments, the substantial economic cost of managing and treating pressure ulcers seems to have become a difficult problem for healthcare organizations, such as community health centers and hospitals.
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During the forecast timeframe, the global pressure ulcers treatment market is projected to rise at 6% CAGR in terms of revenue. With growing understanding of the adverse effects of pressure ulcers on patients' quality of life and health, the global pressure ulcers treatment market is expected to grow steadily.
Key Findings of Market Report
- Technological Innovations in the Treatment of Pressure Ulcers to Widen Market Scope
As the healthcare sector begins to be impacted by digital transformation, telemedicine is gathering steam, delivering assistance that goes beyond the conventional care scenario. As a result of research and development, major participants in the healthcare industry have teamed up with technology providers to produce products that complement wound care. Artificial skin substitutes have been developed as an excellent solution for pressure ulcers in people of all ages, which has been one of the most important changes. The prevailing trend of holistic treatment of pressure ulcers, with skin replacements contributing to an essential role in effective and scar-free healing, stems from a desire to improve patients' quality of life. In order to become more effective, artificial skin replacements have been developed in recent years, using both artificial and natural and materials. The usage of bioengineered wound dressings has also progressed, with many biological products being utilized in the treatment of ulcers and pressure injuries, minimizing healing time and speeding up the recovery process. As a result, major market players in the the global pressure ulcers treatment market are focusing more on biologics research and development.
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- Increased Understanding about the Treatment and Causes of Pressure Ulcers to Benefit the Market
The general public's understanding of pressure injuries and their causes has risen significantly. As shown in a new study released by the National Institutes of Health and US National Library of Medicine, approximately 65 thousand individuals diagnosed with pressure ulcers die as a result of complications, posing a major global health threat. Such campaigns have not only enhanced healthcare professional and public awareness about pressure injuries, but they have also encouraged people to make use of more successful pressure ulcer treatment options. This, combined with higher standards of general hygiene and easier access to improved sanitation facilities, has led to the implementation of better wound care products, which should bode well for pressure ulcer treatment stakeholders.
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Pressure Ulcers Treatment Market: Growth Drivers
- Pressure ulcers are a widespread health issue that affects people all over the world. As the incidence of pressure ulcers rises, so does the demand for its therapy. The global pressure ulcer treatment market is expected to expand as a result of this.
- Technological advancements have also aided the usage of bioengineered wound dressings, with many biological products being utilized to treat pressure ulcers and injuries by speeding up the recovery process and minimizing healing time.
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Global Pressure Ulcers Treatment Market: Key Competitors
- B. Braun Melsungen AG
- Mölnlycke Health Care AB
- Essity Aktiebolag
- Smith & Nephew plc.
- ConvaTec Group plc.
- The 3M Company
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