Sarasota, FL -- (SBWIRE) -- 02/07/2019 -- Global Pressure Ulcers Treatment Market: Overview

Pressure ulcers are injuries caused to skin and tissues, owing to prolonged pressure on the skin. A pressure ulcer is not lethal. However, extreme stages of pressure ulcer can cause infection. Treatment cost of pressure ulcer varies depending on the types of wound. Pressure ulcers develop mainly from pressure and shear and they are progressive in nature and most frequently found in bedridden, chair bound, or persons having an inactive lifestyle. They often develop in people who have been hospitalized for an elongated period generally.

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Global Pressure Ulcers Treatment Market: Growth Factors

The rise in the adoption of artificial skin substitutes and an increase in the number of patients with pressure ulcers are likely to propel the growth of the global pressure ulcers treatment market from 2018 to 2026. However, the demand for pressure ulcers treatment products is projected to decline during the forecast period, owing to the high cost of advanced wound care products and unfavorable reimbursement policies. Nevertheless, high unmet needs will create lucrative opportunities for existing players and new entrants in the global pressure ulcers treatment market over the years ahead.

The rise in the number of persons suffering from ailments such as type-2 diabetes that impacts the blood supply and capillary perfusion will drive the pressure ulcers treatment market trends in the near future. Furthermore, escalating geriatric population is likely to contribute notably towards pressure ulcers treatment market size in the ensuing years. Increase in the cases of sacral, ischial, and trochanteric pressure ulcers will carve/sketch new horizons of growth for pressure ulcers treatment industry in the next decade.

Global Pressure Ulcers Treatment Market: Segmentation

The global pressure ulcers treatment market can be classified based on the type of wound, end use, and application. On the basis of type of wound, the pressure ulcers treatment market is segmented into stage 1, stage 2, stage 3, and stage 4 types. Based on the end use, the pressure ulcers treatment market is sectored into hospital inpatient settings, community health centers, home healthcare application, and hospital outpatient settings.

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Global Pressure Ulcers Treatment Market: Regional Analysis

Based on regions, the global pressure ulcers treatment market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

North America is anticipated to account for the largest share of the global pressure ulcers treatment market in the forthcoming years and will be followed by Europe. North America pressure ulcers treatment market is anticipated demonstrate a lucrative growth over the next few years. The market in the region is driven by an increase in the geriatric population, rise in the number of cases of pressure ulcers among the geriatric population, and surge in demand for dressings, devices, and sealants. The pressure ulcers treatment market in the Asia Pacific is projected to expand at a significant CAGR during the forecast period due to the participation of domestic companies, technological advancements, and developing health care infrastructure. Inadequate health care infrastructure and low diagnosis and treatment rate of pressure ulcers are expected to hamper the growth of the pressure ulcers treatment market in Latin America and Middle East & Africa.

The European market has the high growth prospect and will demonstrate a lucrative growth over the estimated timespan.

Global Pressure Ulcers Treatment Market: Competitive Players

The key players in the global pressure ulcers treatment market include Smith & Nephew plc, Integra LifeSciences Corporation, Hill-Rom Holdings, Inc., Mölnlycke Health Care AB, Essity Aktiebolag, Cardinal Health, 3M Healthcare, B. Braun Melsungen AG, Acelity L.P., Inc., Coloplast Group, and ConvaTec, Inc.

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Global Pressure Ulcers Treatment Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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