What is the Global market size of the Pressure Ulcers Treatment Market?

Global Pressure Ulcers Treatment Market size was valued at USD 5.8 billion in 2021 and is poised to grow from USD 6.1 billion in 2022 to USD 9.5 billion by 2030, growing at a CAGR of 5.2% in the forecast period (2023-2030).

Pressure Ulcers Treatment Market Size, Share, Growth Analysis, 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), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35D2045 | Region: Global | Published Date: July, 2024
Pages: 165 | Tables: 92 | Figures: 76

Pressure Ulcers Treatment Market Regional Insights

In recent years, the pressure ulcer treatment market has evolved at a rapid pace, with companies adapting to changing technological trends in developed regions. North America and Europe accounted for 60% of the market in 2021 and are expected to maintain this share during the forecast period. Increasing investments by market leaders in these regions, as well as clinical trials and pilot tests, are helping to expand the pressure ulcer treatment market in these regions.

As of 2021, the European pressure ulcer treatment market accounted for one-third of the total revenue in the global market. Key players in the European market are collaborating with government organisations to reduce the burden of healthcare on both governments and patients.

Pressure Ulcers Treatment Market Report Snapshots

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Pressure Ulcers Treatment Market size was valued at USD 5.8 billion in 2019 and is poised to grow from USD 6.1 billion in 2023 to USD 9.5 billion by 2031, growing at a CAGR of 5.2% in the forecast period (2024-2031).

Mergers, acquisitions and collaborations are some of the strategies adopted and implemented by the key players to increase their geographical foothold. Moreover, these businesses have gained immense traction owing to forward integration and emphasizing more on value chain. 'Acelity L.P. Inc.', 'Hill-Rom Holdings, Inc.', 'Mölnlycke Health Care AB', 'Coloplast A/S', 'Smith & Nephew plc', 'Cardinal Health, Inc.', 'ConvaTec Group plc', 'B. Braun Melsungen AG', 'Integra LifeSciences Corporation', '3M Company', 'Baxter International Inc.', 'Derma Sciences, Inc.', 'Essity Aktiebolag (AB)', 'Urgo Medical', 'MPM Medical, Inc.', 'Medline Industries, Inc.', 'Advancis Medical UK Ltd.', 'Medtronic plc', 'Paul Hartmann AG', 'Hollister Incorporated'

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.

Increasing use of polyurethane foam dressings: 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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Pressure Ulcers Treatment Market Regional Insights

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