Global pressure ulcers treatment market in 2021 was USD 4.38 billion, and it is predicted to reach USD 6.48 billion by 2028, increasing at a CAGR of 6.38% from 2022 to 2028.
The two main factors propelling the pressure ulcers treatment landscape have been the significant increase in the older population with impairments and the rising prevalence of pressure ulcers developed in hospitals. The high expense of managing and treating pressure ulcers is becoming a Gordian knot for healthcare institutions, including hospitals and community health centres, despite the fact that many innovative wound care devices, dressings, and therapies are provided by diverse stakeholders.
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Global Pressure Ulcers Treatment Market Segmental Analysis
The Global Pressure Ulcers Treatment Market is segmented based on Ulcer Type, Product Type, End User and Region. Based on Ulcer Type it is categorized into Stage 1, Stage 2, Stage 3, Stage 4. Based on Product Type it is categorized into: Wound care dressings, Wound care devices, Others. On the basis of End User it is classified into Hospitals, Clinics, Ambulatory Surgical Centers, Home care settings. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
By Ucler Type:
- Stage 1, Stage 2, Stage 3, Stage 4
By Product Type:
- Wound care dressings, Wound care devices, Others
By End User:
- Hospitals, Clinics, Ambulatory Surgical Centers, Home care settings
Global Pressure Ulcers Treatment Market Dynamics
Driver
- Factors that will expand the pressure ulcer treatment market include an increase in the number of patients with pressure ulcers, rising healthcare expenditure, an increase in the geriatric population, an increase in the adoption of artificial skin substitutes, rising government funding, and rising initiatives by government and private organisations to raise awareness about the negative impact of pressure ulcers on patient health and quality of life.
- Increased R&D activities, high unmet needs, and the development of treatment and diagnostic methods will provide advantageous opportunities for the pressure ulcer treatment market during the forecast period of 2022-2028.
Restraint
- The high cost of treatment and unfavourable reimbursement policies in low-income countries will impede market growth and pose additional challenges to the pressure ulcer treatment market during the forecast period.
Global Pressure Ulcers Treatment Market Competitive Landscape
There are a few worldwide players that are acting in larger part of the nations and a developing number of more modest players in the provincial level, who are offering moderate quality items in a reasonable scope of costs. In terms of market share, the market is currently dominated by a few major players. The major players in the market are Mölnlycke Health Care AB, ConvaTec Group Plc, B. Braun Melsungen AG, Coloplast Corp, Smith & Nephew, 3M, Integra LifeSciences Corporation, Cardinal Health, Tissue Regenix.
Top Players Company Profiles
- Mölnlycke Health Care AB. (Sweden)
- ConvaTec Group Plc (UK)
- B. Braun Melsungen AG (Germany)
- Coloplast Corp (Denmark)
- Smith & Nephew (UK)
- 3M (US)
- Integra LifeSciences Corporation. (US)
- Cardinal Health (Canada)
- Tissue Regenix (US)
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Recent Developments
- In June 2022, Michelin released MICHELIN AirProne at the Intensive Care Show 2022, a novel air cushion package created for patients with acute respiratory distress syndrome (ARDS).
- In January 2021, Osiris Therapeutics, a company that produces skin and bone substitutes and specialises in regenerative medicine, has been acquired by Smith & Nephew Plc.
Global Pressure Ulcers Treatment Key Market Trends
- Polyurethane foam dressings, which are semipermeable, are used to treat wounds. Foam dressings come in adhesive and non-adhesive varieties, and they can be used for leg ulcers, surgical and infected wounds, burns, abrasions, and lacerations.
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