The Pressure Ulcers Treatment Market is focused on treating wounds, predominantly pressure ulcers, which form due to prolonged pressure on the skin
The global Pressure Ulcers Treatment Market is estimated to be valued at US$ 5247.86 Mn in 2023 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview
The pressure ulcers treatment market deals with the treatment and management of pressure ulcers or bedsores. Pressure ulcers are localized injuries to the skin and/or underlying tissue that usually occur over a bony prominence as a result of pressure or pressure in combination with shear. Various treatment options available in the market include wound care dressings, wound filling i.e. foam dressings, gauze, hydrocolloids, alginates, and therapy devices.
Market key trends
One of the key trends in the pressure ulcers treatment market is the growing adoption of advanced wound care products. Wound care dressings have evolved significantly over the past few years. Advanced wound care dressings actively help in wound healing by providing moisture balance, protection from infection and trauma, and cell regeneration. Foam dressings, antimicrobial dressings, film and hydrogel dressings are some of the widely used advanced wound dressings. These dressings promote healing and prevent wound infection and complications arising from pressure ulcers. Their widespread adoption can be attributed to attributes like clinical efficacy and cost-effectiveness.
Segment Analysis
The global pressure ulcers treatment market is segmented based on wound type, product, end user, and region. By wound type, the market is segmented into stage 1, stage 2, stage 3, stage 4, and unstageable. The stage 3 segment dominates the market owing to increasing risk of infection associated with stage 3 wounds.
Key Takeaways
The Global Pressure Ulcers Treatment Market Share is expected to reach US$ 5247.86 Mn by 2030, expanding at a CAGR of 6.2% over the forecast period. The market is witnessing high growth due to rising geriatric population who are more prone to developing pressure ulcers.
Regional analysis
North America dominated the pressure ulcers treatment market in 2023 and is expected to maintain its leading position over the forecast period. Rising prevalence of hospital-acquired pressure ulcers is a major factor driving market growth in the region. Asia Pacific is expected to exhibit the fastest growth over the forecast period owing to increasing healthcare expenditure in emerging economies like India and China.
Key players
Key players operating in the pressure ulcers treatment market include Smith & Nephew PLC, Coloplast Group, ConvaTec Group PLC, B. Braun Melsungen AG, 3M Company, Essity Aktiebolag, Cardinal Health Inc., Cardinal Health Inc., Molnlycke Health Care AB, Hill-Rom Holdings Inc., and Integra Lifesciences Holdings Corporation, among others. Smith & Nephew PLC holds a significant share of the market owing to its diverse product portfolio for pressure ulcers treatment.
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