The global decubitus ulcer treatment products industry is set for steady growth, with demand expected to reach USD 4,989.4 million in 2023 and expand at a compound annual growth rate (CAGR) of 5.5%. By 2033, the market is projected to be valued at approximately USD 8,503.4 million, driven by an increasing incidence of decubitus ulcers, particularly among the aging population and individuals living with disabilities.
Decubitus ulcers, also known as pressure sores or bedsores, are a significant concern in healthcare, particularly for patients with limited mobility. The growing number of geriatric individuals and people with chronic conditions that restrict movement is contributing to the rising demand for effective treatment products. These include wound care dressings, support surfaces, and therapeutic devices designed to prevent and treat pressure ulcers.
Technological advancements in wound care products, along with increased awareness and better management protocols, are enhancing the effectiveness of decubitus ulcer treatments. Healthcare providers are focusing on reducing hospital-acquired pressure ulcers, further driving market growth.
A Detailed Full Report – https://www.futuremarketinsights.com/reports/decubitus-ulcer-treatment-products-market
Key Takeaways:
- Market Growth: The global decubitus ulcer treatment products market is expected to grow at a 5.5% CAGR, reaching USD 8.5 billion by 2033.
- Key Drivers: The growing geriatric population, increased prevalence of disabilities, and advancements in wound care technologies are propelling market expansion.
- Healthcare Impact: Improved treatment options and prevention strategies are helping reduce the occurrence and severity of pressure sores, positively influencing patient care.
- Future Outlook: The market is poised for continued growth as healthcare providers address the rising demand for effective, innovative treatment solutions for decubitus ulcers.
The expected growth of the decubitus ulcer treatment products market highlights the ongoing need for specialized care solutions as the global population ages and healthcare needs evolve.
Role of Startups in the Decubitus Ulcer Treatment Products Market
There are many prominent market players in the decubitus ulcer treatment products market, such as KroniKare, Piomic, Untech, Fibroheal Woundcare, RenovoDerm, and Bruin Biometrics, among others, that are working hand-in-hand to provide the best-in-class Decubitus Ulcer Treatment Products for enhancing the global arena. However, there are many global startups in the decubitus ulcer treatment products market who are stepping forward to match the requirements of the Decubitus Ulcer Treatment Products domain.
- Founded in 2019, KroniKare is a Singaporean startup offering the KroniKare Wound Scanner, an HSA Class-B registered diagnostic tool. The patented, non-invasive, handheld scanner uses a clinically validated A.I. that analyzes thousands of wound reports. KroniKare Wound Scanner uses multi-spectral scanning to generate reports with a detailed chronic wound assessment in just 30 seconds. This helps healthcare practitioners quickly and accurately treat a patient’s wound.
- Established in 2016, Swiss medical device startup Piomic is developing the Combined Optical and Magnetic Stimulation (COMS) One Therapy System. The non-invasive and lightweight medical device incorporates a platform technology, making it suitable for replication for various pathological conditions. Optical and magnetic stimulation targets the initial inflammatory phases of chronic wound progression to speed up the next phase of tissue repair. The COMS System comprises the COMS Therapy Unit, a sterile wound adapter – COMStouch, and a flexible fixation band – COMSfix to produce a durable closure for hard-to-heal wounds.
- In July 2016, a privately owned Los Angeles-based device maker, Bruin Biometrics (BBI), aimed to connect its wireless pressure ulcer detector, the SEM Scanner, to a digital registry for pressure ulcers known as PUNT (Pressure Ulcer Notification Tool). BBI had licensed the online PUNT, created by British nurse and wound expert Mark Collier and developed by United Lincolnshire Hospitals National Health Service Trust, one of the UK’s largest acute care hospital systems.
Market Competition
Some of the key participants present in the global Decubitus Ulcer Treatment Products market include Mölnlycke Health Care AB, ConvaTec Group Plc., B. Braun Melsungen AG, Coloplast Corp., Smith & Nephew, 3M, Integra LifeSciences Corporation, Cardinal Health, and Tissue Regenix, among others.
Due to the presence of such a high number of participants, the market is highly competitive. While global players such as Mölnlycke Health Care AB, ConvaTec Group Plc., B. Braun Melsungen AG, Coloplast Corp., and Smith & Nephew account for a considerable market size, several regional-level players are also operating across key growth regions, particularly in North America.
Recent Developments
- In June 2020, MBET Health announced the launch of a proactive solution, the Miracle Dressing Wound Care System (MDS), specially developed for the strong surge of pressure injuries, such as pressure ulcers, due to the enforced confinements caused by the COVID-19 lockdowns. The product is the first and only 21-day stay-in-place dressing and prevents pressure sores.
- In April 2020, AxioBiosolutions announced the launch of MaxioCel, a next-generation wound care dressing made of chitosan to treat pressure ulcers. The product imparts 360-degree care with pain management, hemostatic, pain, and scar improvement properties.
- In March 2020, Smith & Nephew announced the United States. Launch of their new offering of the PICO 14 Single Use Negative Pressure Wound Therapy System (sNPWT), which has a pump duration of up to 14 days. The new pump enhances the features and benefits of the previous generations of PICO sNPWT products and comes with an enhanced pump that requires less user intervention.
Key Companies Profiled
- Hill-Rom Company Inc.
- Graham Field Health Products Inc.
- Invacare Corporation
- Sunrise Medical Inc.
- ROHO Inc.
- Kinetic Concepts Inc.
- Span-America Medical Systems Inc.
- Spenco Medical Corp
- Cardinal Health
- Smith & Nephew
Key Segments Profiled in the Decubitus Ulcer Treatment Products Industry Survey
By Depth of Soft Tissue Damage:
- Stage I
- Stage II
- Stage III
- Stage IV
By Distribution Channel:
- Hospitals Clinics
- Public Hospitals
- Private Clinics
- Retail Pharmacies and Drug Stores
- E-commerce
By Region:
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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