Pressure ulcers market to reach $5.6b by 2031 as ageing populations drive demand
By region, Asia-Pacific emerged as the fastest-growing market, with a 5.3% CAGR.
The global pressure ulcers market is projected to reach $5.6b by 2031, with at a compound annual growth rate of 4.2%, driven by a rising number of cases of pressure injuries in ageing and immobile patient populations.
According to an Allied Market Research report, market drivers also include increasing demand for advanced wound care and a growing focus on preventive wound management protocols.
However, the high costs of advanced wound care, side effects of pharmacological treatments, and limited access to specialised wound care in low and middle-income countries are standing in the market's way.
By segment, wound care dressings dominate due to their primary role in accelerating wound healing, whilst wound care devices are anticipated to grow at the fastest CAGR of 5.6%.
Hospitals lead as the primary end-user segment due to high adoption of advanced wound care products, growing institutional investment in patient safety, and favourable reimbursement policies.
The home care segment, however, is the fastest-growing end-user category, driven by shifting patient preferences toward home-based treatment and an ageing population managing chronic conditions outside hospital settings.
By region, Asia-Pacific is the fastest-growing market, fuelled by a large and growing geriatric population in China, India, and Japan, whilst North America maintains global leadership.