What Is The Current and Historic Market Size Analysis Of The Pressure Ulcer Detection Device Market?
The pressure ulcer detection device market has seen considerable growth due to a variety of factors.
• The market for pressure ulcer detection devices has shown robust growth in the recent past. It is projected to expand from $1.44 billion in 2024 to $1.52 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%.
Factors contributing to this growth during the historical period include a rise in the elderly population, heightened healthcare awareness, strict regulatory guidelines, increased emphasis on long-term care facilities, partnerships with healthcare institutions, and supportive reimbursement policies.
What Are The Predictions for The Pressure Ulcer Detection Device Market in the Coming Years?
The pressure ulcer detection device market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for consistent growth in the pressure ulcer detection device market over the coming years, with a projected increase to $1.81 billion in 2029, boasting a compound annual growth rate (CAGR) of 4.5%.
This expected development in the prediction period can be credited to factors such as preventative health care initiatives, an emphasis on home health care, patient-focused care models, global health readiness, and educational drives for healthcare professionals. Prominent trends for the forecasted period encompass enhancements in wearable pressure ulcer sensors, the unification of artificial intelligence (AI) algorithms, the advent of intelligent mattresses and surfaces, a shift towards wireless and mobile connectivity, and the introduction of 3D imaging technologies.
Which Drivers Are Accelerating Growth In The Pressure Ulcer Detection Device Market?
The pressure ulcer detection device market is anticipated to expand due to the escalating occurrence of diabetes. Diabetes, a chronic metabolic disorder characterized by elevated blood sugar levels, can gradually lead to severe damage to various organs like the heart, blood vessels, kidneys, and nerves over time. Diabetic patients are more susceptible to pressure ulcers due to reasons such as neuropathy, inadequate blood flow, and others. Pressure ulcer detection devices are invaluable in detecting the early indicators of pressure-caused skin damage and aid healthcare professionals in averting the escalation of pressure ulcers in diabetic patients. For example, a report from IDF, a diabetes association in Belgium, predicted in January 2023 that diabetes incidence would increase by 25% by 2030 and further by 51% by 2045. Hence, the growing incidence of diabetes propels the pressure ulcer detection device market. The increasing expenses in the healthcare sector are also projected to boost the pressure ulcer detection device market. Healthcare expenditure, which signifies the total monetary value spent on healthcare products and services during a specified timeframe, has a pivotal role in promoting and utilizing pressure ulcer detection devices. These devices ease early detection and prevention of pressure ulcers, minimizing therapy costs while enhancing patient results. For instance, economic predictions from the Office for Budget Responsibility (OBR) and the Treasury suggest that the UK's planned health expenditure is expected to surge to £192 billion ($244.43 billion) in 2024/25 from £182 billion ($231.70 billion) in 2022/23. Therefore, the rising healthcare budget contributes to the growth of the pressure ulcer detection device market.
What Are The Core Segments Of The Global Pressure Ulcer Detection Device Market?
The pressure ulcer detection device market covered in this report is segmented –
1) By Product: In-Shoe Sensor, Surface Electrode, SEM (Skin And Tissue Assessment Monitoring Scanner) Scanner, Pressure Measuring Mattress
2) By Application: Stage 1, Stage 2, Stage 3, Stage 4
3) By End User: Hospitals, Nursing Homes, Homecare Settings, Other End Users
Subsegments:
1) By In-Shoe Sensor: Smart Insoles, Pressure-Sensitive Insoles, Wearable Pressure Sensors For Foot Ulcers
2) By Surface Electrode: Electrodes For Continuous Pressure Monitoring, Electrode Pads For Early Detection, Disposable Surface Electrodes
3) By SEM (Skin And Tissue Assessment Monitoring) Scanner: Handheld SEM Scanners, Wireless SEM Devices, SEM Scanners For Real-Time Monitoring
4) By Pressure Measuring Mattress: Pressure Mapping Mattress Systems, Air-Flow Pressure Measuring Mattresses, Foam Pressure Measuring Mattresses
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Which Emerging Market Trends Are Altering The Pressure Ulcer Detection Device Industry?
Leading corporations in the pressure ulcer detection device market are committed to the creation of novel products like the Provizio SEM scanner single-use sensors, aiming to deliver trustworthy customer service. The Provizio SEM scanner, a medical appliance, is designed to sense alterations in the subcutaneous tissue that could signal an early stage of pressure ulcers. As an illustration, ArjoHuntleigh Inc., a medical equipment company based in the US, rolled out a Provizio SEM scanner in September 2022. These scanners are instrumental for medical teams in identifying regions with a heightened risk for pressure damage, facilitating the prevention of pressure injuries such as visual skin and tissue assessment. They make way for timely and anatomy-specific assessments that make targeted interventions possible.
Who Are the Key Players In The Pressure Ulcer Detection Device Market?
Major companies operating in the pressure ulcer detection device market report are:
• Cardinal Health
• 3M Company
• Medtronic PLC
• Hill Rom Holdings Inc.
• Stryker Corp.
• GE Healthcare
• Smith and Nephew PLC
• Zoll Medical Corporation
• Coloplast Group
• Pall Hartmann AG
• Integra LifeSciences Corporation
• Acelity Holdings Inc.
• Conmed Corporation
• Savaria Corporation
• Invacare Corporation
• Tactile Systems Technology Inc.
• Veristride Inc.
• Julius Zorn GmbH
• Tekscan Inc.
• Orpyx Medical Technologies
• Medi GmbH & Co.
• Xsensor Technology Corporation
• Sensoria Inc.
• Moticon GmbH
• ArjoHunleigh Inc.
• Bruin Biometrics LLC
What Are The Regional Insights Into The Pressure Ulcer Detection Device Market?
North America was the largest region in the pressure ulcer detection device market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pressure ulcer detection device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
