USD 6.1 Billion
Report ID:
SQMIG35D2045 |
Region:
Global |
Published Date: December, 2024
Pages:
165
|Tables:
92
|Figures:
76
Pressure Ulcers Treatment Market size was valued at USD 6.1 Billion in 2023 and is poised to grow from USD 6.42 Billion in 2024 to USD 9.99 Billion by 2032, growing at a CAGR of 5.2% during the forecast period (2025-2032).
The rise in geriatric population with chronic illness and physical impairments driven by pressure ulcers have generated the need for relevant treatments in the medical industry. The major factors propelling the pressure ulcers treatment landscape includes the managing and treating pressure ulcers. Besides, it is becoming a Gordian knot for healthcare institutions, including hospitals and community health centres, despite the fact that many innovative wound care devices, dressings, and therapies are offered by several healthcare providers in the industry.
Since treating pressure ulcers is far more expensive than avoiding them, the field of treatment for pressure ulcers is moving toward preventative care procedures. Healthcare facilities and hospitals are implementing cutting-edge movement monitoring systems to enhance patient care by minimising pressure ulcers. In addition, as new technologies emerge that are supporting the digital transformation of the healthcare sector, the digital elements of pressure ulcer prevention systems are becoming more popular.
With growing knowledge of the detrimental effects pressure ulcers exert on patients' health and quality of life, the demand for pressure ulcer therapies is expected to witness a double-digit growth.
US Pressure Ulcers Treatment Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 6.1 Billion
Largest Segment
Fastest Growth
wound care dressings,
Growth Rate
5.2% CAGR
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Global Pressure Ulcers Treatment Market is segmented by product type, wound type, end-user and region. Based on product type, the market is segmented into wound care dressings, active wound care therapies, wound care devices and other product types. Based on wound type, the market is segmented into stage 1, stage 2, stage 3 and stage 4. Based on end-user, the market is segmented into hospitals, clinics, home healthcare and long-term care centers. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
The market is divided into four stages based on ulcer type: stage 1, stage 2, stage 3, and stage 4. Because of the higher treatment costs compared to the other stages, the stage 4 segment is expected to dominate the market during the forecast period. According to a National Institute for Health and Care Excellence (NICE) study, the treatment costs for stage 4 ulcer and stage 1 ulcer are $16,618 and $1,429 respectively. The stage 2 ulcer segment, on the other hand, is expected to have the highest CAGR due to its increasing prevalence and subsequent increased adoption of treatment options for this type of pressure ulcer.
The wound care dressing segment is expected to dominate and expand at a significantly high growth rate during the forecast period. Since they are the primary treatment options and also fasten the healing process for pressure ulcers. Other major factors that are expected to propel the segment growth during the forecast period include increased investments by key market players in new launches of this segment, comparatively lower cost of care, and the rising awareness among patients regarding wound care dressings.
The market can be divided into hospitals, clinics, ambulatory surgical centres, and home care settings based on end-user. Because of higher adoption rates of pressure ulcer treatment options in hospitals, the presence of required facility skilled staff, and increasing patient preference for hospitals due to favourable policies, the hospital segment is expected to have a dominant pressure ulcer treatment market share during the forecast period.
Because of an increase in the geriatric patient population and a shift in preference from hospital visits to self-care at home care settings for the treatment of pressure ulcers, the home care setting segment is expected to grow the fastest. The clinics segment is expected to grow significantly as the number of specialty clinics with advanced facilities, trained staff, and personalised wound care increases.
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In recent years, the pressure ulcer treatment market has evolved at a rapid pace, with companies adapting to changing technological trends in developed regions. North America and Europe accounted for 60% of the market in 2021 and are expected to maintain this share during the forecast period. Increasing investments by market leaders in these regions, as well as clinical trials and pilot tests, are helping to expand the pressure ulcer treatment market in these regions.
As of 2021, the European pressure ulcer treatment market accounted for one-third of the total revenue in the global market. Key players in the European market are collaborating with government organisations to reduce the burden of healthcare on both governments and patients.
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Mergers, acquisitions and collaborations are some of the strategies adopted and implemented by the key players to increase their geographical foothold. Moreover, these businesses have gained immense traction owing to forward integration and emphasizing more on value chain.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, In 2021, North America and Europe accounted for 60% of the market, and it is anticipated that they will continue to hold this position during the forecast period. The market for treating pressure ulcers in these regions is growing thanks to rising investments from market players there as well as clinical trials and pilot studies. The wound care dressing segment is expected to dominate and expand at a significantly high growth rate during the forecast period.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 6.1 Billion |
Market size value in 2032 | USD 9.99 Billion |
Growth Rate | 5.2% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Pressure Ulcers Treatment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Pressure Ulcers Treatment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Pressure Ulcers Treatment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
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