In 2021, the pressure relief devices market was worth around USD 3,361.1 million, and it is projected to advance at a 6.5% CAGR from 2021 to 2030, hitting USD 5,923.9 million in 2030, according to P&S Intelligence.
This growth can be ascribed to the factors such as, they are simple to utilize, cost-effective, and extremely effective in averting ulcers, with foam mattresses experiencing the highest demand. By 2030, the quickest development will be in the acceptance of gel-based mattresses, as they are better than other kinds of low-tech devices.
In 2021, low-tech devices held the largest market share, at approximately 65%, and they are projected to continue to dominance in the future as well.
This can be credited to the simple useability, high effectiveness in preventing ulcers, and low cost. Among the low-tech devices, form-based devices are the key stakeholders as they absorb the pressure movement, which supports uninterrupted sleep.
The U.S. in North America, is the largest Pressure Relief Devices Market with a share, of approximately 37%. The nation has a high occurrence of pressure ulcers, supportive medical grants scenario, and numerous government subsidy schemes.
Western Europe has the second largest revenue contribution by Europe due to the large population with pressure ulcers. Additionally, many government and non-governmental organizations run campaigns to raise awareness of the condition.
APAC is the third-highest revenue generator and is projected to experience a CAGR of 7.2%, in the coming years. Key players are joining hands with local sellers in India, China, and South Korea to aim for a vast customer base here and surge their sales.
Hence, pressure relief devices are simple to utilize, cost-effective, and extremely effective in averting ulcers, and also the large population with pressure ulcers, such factors are propelling the Pressure Relief Devices industry.