Pressure Relief Devices Market Is Projected To Witness Growth Based On Rising Awareness About Pressure Ulcers Till 2025:Grand View Research,inc.
The global pressure relief devices market is expected to reach USD 4.1 billion by 2025, according to a new study by Grand View Research Inc. The rapidly growing number of elderly population worldwide and rising awareness about pressure ulcers through campaigns along with the increasing base of obese population are expected to drive the industry growth. The incidence of pressure ulcer development has been rising since the past few years in hospital settings. According to a 2013 study by the Centers for Medicare and Medicaid Services (CMS), healthcare expenditure on hospital-acquired illnesses, including bedsores has increased at a rate of 7% from 2000 to 2013. Geriatric population is prone to developing bed sores due to impaired mobility. Similarly, obese patients are at higher risk of ulcer development as they are required to stay in hospitals for prolonged periods. The limited mobility amongst these target populations will drive growth in this industry. Creati...