San Jose, CA (PRWEB) April 26, 2013
Follow us on LinkedIn – Decubitus Ulcers, also known as Pressure Ulcers or Bedsores, are acquired mainly because of long-time confinement to bed or wheelchair. Various support surfaces, such as alternating air pressure mattresses, air fluidized beds, low air loss beds, foam mattresses, and other local area support products are presently being used in healthcare facilities and homes for the prevention and treatment of decubitus ulcers. Aging population and the rise in chronic illnesses across the world are major factors driving growth in the market. In addition, the general state of the economy and the healthcare industry also influence growth patterns in the market.
In the coming years, the market will continue to witness advancements in decubitus ulcers management products, in terms of both functionalities as well as cost. Growing competition in the market mandates continuous product innovations and also fuels price declines. The market is also forecast to witness transformation in the products offered across hospitals, long-term care facilities, and home care settings. In recent years, there has been a spurt in the growth of homecare services driving manufacturers to deliver products specifically designed to address the needs of patients in home care settings. The market is also likely to shift towards ulcer prevention products from treatment products. Growing patient awareness over the causes behind pressure ulcers is expected to expand the market for products that aid in the prevention of pressure ulcers.
As stated by the new market research report on Decubitus Ulcer Treatment Products, the US represents the largest market worldwide led by increased incidence and prevalence of decubitus ulcers and chronic wounds among the aging baby boomers. In the past few years, the US witnessed a major change in reimbursement policies, with the removal of reimbursement by the Centers for Medicare & Medicaid Services (CMS) for facility-acquired pressure ulcers. As a result of the policy change, hospitals are currently under increased pressure for reducing decubitus ulcer incidences, further driving demand for decubitus ulcer treatment products. Asia-Pacific is forecast to emerge as the fastest growing market with a projected CAGR of 8.4% over the analysis period. Growth in Asia-Pacific is led by increased access to healthcare, growing healthcare expenditure and rising awareness and availability of treatment options for decubitus ulcer.
Alternating Air Pressure Mattresses represents the largest and the fastest growing treatment product for decubitus ulcers worldwide. Presently, market potential in this sector is limited by the high product cost structure. Developing cost-effective products is therefore needed to gain a competitive advantage in the market.
Major players in the market include ArjoHuntleigh, Graham-Field Health Products Inc., Hill-Rom Company Inc., Invacare Corp., James Consolidated Inc., Linet spol. s.r.o, ROHO Inc., Span-America Medical Systems Inc., Spenco Medical Corp., Steigelmeyer Group, Stryker Corp., and Sunrise Medical (US) LLC.
The research report titled “Decubitus Ulcer Treatment Products: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends and issues, a detailed product overview, company profiles, new product launches and recent strategic industry activities. The report provides market estimates and projections in US$ for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK and Rest of Europe), Asia-Pacific, Latin America, and Rest of World. Product markets analyzed include Air Fluidized Beds, Low Air Loss Beds, Alternating Air Pressure Mattresses, Foam Mattresses, Other Full Support Products (hospital mattresses and other full support products), and Local Area Support Products (cushions; head, foot and arm rests; and other wheel chair cushions, among others).
For more details about this comprehensive market research report, please visit http://www.strategyr.com/Decubitus_Ulcer_Treatment_Products_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/