The global market for repositioning and offloading is on a robust growth trajectory, with sales estimated to be worth USD 2,436.4 million in 2024. This figure is anticipated to rise significantly, reaching USD 3,211.2 million by 2034. The market is projected to exhibit a compound annual growth rate (CAGR) of 3.60% over the forecast period from 2024 to 2034.
In 2023, the revenue generated by repositioning and offloading reached USD 2,351.7 million, reflecting a strong demand for these critical solutions in the healthcare sector. As the industry continues to evolve, the repositioning and offloading market is expected to experience a year-on-year growth rate of 3.6% in 2024, driven by increasing awareness of patient care and the need for effective management of pressure ulcers and related conditions.
The rise in global sales can be attributed to various factors, including an aging population, increasing prevalence of chronic diseases, and advancements in technology that enhance the effectiveness of repositioning and offloading devices. Healthcare providers are increasingly adopting innovative solutions to improve patient outcomes, which is propelling the market forward.
Key factors contributing to the growth of the repositioning and offloading market include:
- Increasing Prevalence of Pressure Ulcers: The rising incidence of pressure ulcers, particularly among elderly and immobile patients, is driving the demand for effective repositioning and offloading solutions.
- Technological Advancements in Patient Care: Continuous innovations in medical technologies, such as advanced mattresses and cushions, are enhancing the effectiveness of repositioning and offloading strategies, improving patient outcomes.
- Growing Awareness of Patient Safety: There is a heightened focus on patient safety and comfort in healthcare settings, leading to increased investment in products that aid in repositioning and offloading to prevent skin breakdown.
- Supportive Healthcare Policies: Many healthcare systems are implementing policies aimed at reducing hospital-acquired conditions, including pressure ulcers, thereby fostering growth in the repositioning and offloading market.
- Rising Healthcare Expenditure: Increased healthcare spending, particularly in developed regions, is facilitating the adoption of advanced repositioning and offloading products and technologies.
The pressure ulcer or bedsore refers to skin lesions that develop on the skin from periods of applied pressure to the affected areas and are often related to people who have limited mobility or underlying disease. The aging population along with chronic diseases, and staffing shortages in nursing has aggravated the risk of pressure ulcers.
This has created implications for the health of patients and financial costs associated with health care systems. This has led to an increase in awareness about the preventive approach. Hence there has been an increase in investments in repositioning and offloading equipment to distribute pressure and aid the healing process.
The increase in bedridden patients worldwide boosts demand for these devices. Patients over the age of 70 years are increasingly susceptible to being bedridden, especially after surgery or with chronic diseases. In addition, increased cases of spinal cord injuries and neurological disorders exert the need for appropriate medical attention to curb various complications that include pressure ulcers.
Although the market is growing in developed regions there have been setbacks in low-income economies. These regions have limited healthcare budgets which restrict their purchasing decision toward more critical equipment. Also having a trained nursing staff is a prerequisite for utilizing the full potential of repositioning and offloading devices.
The underdeveloped region experiences a shortage of proper trained staff which limits the market growth. However, the government initiative can help tackle this challenge and provide boost to the adoption of repositioning and offloading market.
Competitive Landscape
Market players are focusing on developing innovative products that offer comfort and convenience to patients. Product launch is the most prevalent strategy implemented by the companies. Another strategy is to develop an attachment to the existing device which further expands its applicability.
This provides an additional source of revenue and increases product adoption. Large industry leaders acquire emerging and small companies to address the future completion, enhance their existing product portfolio, and leverage the brand value of emerging players.
Recent Industry Developments in Repositioning and Offloading Market
- In May 2022, Invacare Corporation introduced Birdie Evo XPLUS in the USA Birdie Evo XPLUS is a patient lift system that is used in acute care settings. It has a sleek design that maximises comfort and security while lifting and transferring a patient.
- In March 2021, Savaria Corporation completed the acquisition of all the issued and outstanding shares of Handicare Group AB for SEK50 per share.
- In July 2020, Hillrom launched the PST 500 precision surgical table along with Yellofins Apex which is a high-tech addition to the Yellofins Stirrups line.
Get Full Report Now
Key Players of Repositioning and Offloading Industry
- Stryker (Sage Products)
- Mölnlycke Health Care AB.
- Span America
- 3M Company
- Felgains Limited,
- HoverTech International
- AliMed
- Vendlet ApS
- Jewell Nursing Solutions
- EHOB
- SANPOS Medical
- TurnAid ApS Innovative Medical Products, INC
- Arjo
- Getinge Group
Key Segments of Repositioning and Offloading Industry
By Product:
In terms of product, the industry is divided into patient turning & positioning systems, replacement sheet, disposable slide sheets, reusable slide sheets, turn sheet, pressure relief positioning cushions, pressure relief mattresses, hoist slings, heel protectors, footwear/padded slippers, wheelchairs, crutch-assisted gait, and total contact casts.
By End-user:
End users classify the industry into hospitals, ambulatory surgery centers, long term care centers, skill nursing facilities, assisted living facilities, and others.
By Region:
Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, and Middle East and Africa (MEA), have been covered in the report.
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.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
