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MCP-3211: DECUBITUS ULCER TREATMENT PRODUCTS – A GLOBAL STRATEGIC BUSINESS REPORT
Decubitus Ulcer Treatment Products Market to Reach $3.6 billion by 2010, According to New Report by Global Industry Analysts, Inc.
A growing proportion of elderly population, and the subsequent need for long-term care, is the principal driving factor contributing to the rising demand for ulcer treatment products. By the year 2010, Decubitus ulcer treatment products market is projected to reach $3.6 billion.
San Jose, California (PRWEB), April 22, 2008 -- Decubitus Ulcers are lesions resulting from tissue damage caused by constant pressure of the patient’s bodyweight. Pressure ulcer treatment products vary, depending upon the treatment goal i.e. either pressure reduction or pressure relief. Treatment expenses are likely to go up with a rising life expectancy of the population.
The Decubitus Ulcer Treatment Products market continues to witness rapid transformations in the nature of products offered, the targeted users, and the application environment. Unaffordable costs are a major hindrance for wide acceptance of the specialty products. As a result, companies are constantly innovating and delivering cost-effective products, without compromising on therapeutic values. In recent years, there has been a spurt in growth of home care services targeted at elderly patients, driving market players to deliver products specifically designed to address the home care environment needs.
Asia-Pacific represents one of the fastest growing markets for decubitus ulcer treatment products. The market is projected to grow at a compounded annual rate of 6% over the period 2000-2010, as stated by Global Industry Analysts, Inc. Europe follows closely behind the United Sates as the second largest market for decubitus ulcer treatment products. Alternating air pressure mattresses market in Europe represents the largest segment, estimated at $248 million for 2008. France, Germany, Italy, United Kingdom collectively account for more than 70% share of the European market. In Japan, Foam Mattresses market is estimated at $31 million for 2008. Growth in the segment is likely to be driven by increased usage of foam mattresses as an inexpensive treatment product. The United States happens to report the largest incidence of decubitus ulcers, making it undoubtedly the largest market for decubitus ulcer treatment products. Low air loss beds sales in the region are projected to reach $309 million by 2009.
Leading players profiled in the report include Gaymar Industries, Inc., Graham-Field Health Products Inc., Hill-Rom Company, Inc., Invacare Corporation, James Consolidated, Kinetic Concepts, Inc., ROHO, Inc., Span-America Medical Systems, Inc., Spenco Medical Corp., and Sunrise Medical, Inc.
The report titled “Decubitus Ulcer Treatment Products: A Global Strategic Business Report” published by Global Industry Analysts, Inc., analyzes the market across the following product segments, Air Fluidized Beds, Low Air Loss Beds, Alternating Air Pressure Mattresses, Foam Mattresses, Other Full Support Products, and Local Area Support Products. The study enumerates recent developments, mergers, acquisitions and other strategic industry activities. Analysis is presented for established and emerging markets including United States, Japan, France, Germany, United Kingdom, Italy, Asia-Pacific, and Latin America.
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