AP NEWS

Global Therapeutic Beds Market 2019-2023 | Rising Occurrence of Pressure Ulcers to Boost Demand | Technavio

January 4, 2019

LONDON--(BUSINESS WIRE)--Jan 4, 2019-- analysts forecast the global therapeutic beds market to grow at a CAGR of more than 5% during the forecast period, according to their latest market research report. The growth momentum of the market is expected to accelerate due to a decline in the year-over-year growth.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190104005292/en/

Technavio analysts forecast the global therapeutic beds market to grow at a CAGR of more than 5% by 2023. (Graphic: Business Wire)

Prevalence of bariatric patient population is one of the major trends being witnessed in the . The number of individuals with obesity has increased globally which has resulted in the rise of the bariatric population. The increase in the cases of obesity, especially in countries such as the US, will fuel the market. Therapeutic beds can address a variety of treatment and safety issues for patients who weigh up to 1,000 lbs. the mattresses are made of high-density foam that can withstand high pressure. These mattresses adjust the pressure on the patient’s body using a cushion of air, which helps in relieving pressure from the body and allowing air to circulate even when a patient is lying down for an extended period. Thus, such attributes drive the sales of these products.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key factors contributing to the growth of the global therapeutic beds market is the rising occurrence of pressure ulcer cases:

Global therapeutic beds market: Rising occurrence of pressure ulcer cases

Pressure ulcers, alternatively known as bed sores, are one of the most common problems with people undergoing long-term treatment or post-surgery treatment. Lack of mobility and prolonged resting on the bed can cause pressure ulcers. To minimize the risk of further complications associated with pressure ulcers and to reduce the number of pressure ulcers cases, various preventive measures are followed by patients and caregivers such as the use of suitable therapeutic bed or mattress overlays. These products offer relief from pressure ulcers in patients. Thus, the growing number of pressure ulcer cases and the availability of suitable therapeutic devices are expected to drive market growth.

According to a senior analyst at Technavio, “The average number of pressure ulcers reported in the US inpatient population was more than 650,000 during 2018-2012, owing to which the medical management of pressure ulcers cost the US healthcare system more than $9.00 billion. Therapeutic beds aid in decreasing hospital readmission rates, duration of hospitalization and total care costs. Thus, the use of therapeutic beds has increased driving the market.”

Global therapeutic beds market: Segmentation analysis

The global therapeutic beds market research report provides market segmentation by product (clinical beds and household therapeutic beds) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The Americas held the largest share of the market in 2018, accounting for close to 40% share. It was followed by EMEA and APAC respectively. The dominance of the Americas can be attributed to the rising occurrence of pressure ulcer cases and increasing human lifespan.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005292/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: HEALTH GENERAL HEALTH

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/04/2019 08:58 AM/DISC: 01/04/2019 08:57 AM

http://www.businesswire.com/news/home/20190104005292/en

AP RADIO
Update hourly