Global Pressure Relief Devices Market Size & Outlook
Global pressure relief devices market, 2018-2030 (US$M)
Related Markets
Global pressure relief devices market highlights
- The global pressure relief devices market generated a revenue of USD 3,677.2 million in 2022 and is expected to reach USD 6,257.3 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.9% by 2030.
- In terms of segment, low tech devices accounted for a revenue of USD 2,425.9 million in 2022.
- Low Tech Devices is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 3,677.2 million |
| Market revenue in 2030 | USD 6,257.3 million |
| Growth rate | 6.9% (CAGR from 2022 to 2030) |
| Largest segment | Low tech devices |
| Fastest growing segment | Low Tech Devices |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Tech Devices, High Tech Devices |
Other key industry trends
- In terms of revenue, the North America accounted for 38.0% of the global pressure relief devices market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 92.2 million by 2030.
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Pressure Relief Devices Market Scope
Pressure Relief Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pressure relief devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pressure relief devices market will help companies and investors design strategic landscapes.
Low tech devices was the largest segment with a revenue share of 65.97% in 2022. Horizon Databook has segmented the Global pressure relief devices market based on low tech devices, high tech devices covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pressure Relief Devices Type Outlook (Revenue, USD Million, 2018-2030)
- Low Tech Devices
- Foam Based Mattress
- Gel Based Mattress
- Fiber Filled Mattress
- Water Filled Mattress
- Air Filled Device Mattress
- High Tech Devices
- Dynamic Air Therapy Beds
- Kinetic Beds
- Low Tech Devices
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Our clientele includes a mix of pressure relief devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global pressure relief devices market, including forecasts for subscribers. This global databook contains high-level insights into Global pressure relief devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pressure relief devices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Pressure relief devices market size, 2022 (US$M)
Global pressure relief devices market share, by type, 2022 & 2030 (%, US$M)
Pressure relief devices market: Opportunity assessment by country
Global pressure relief devices market, by region, 2022 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,108.0 | 1,170.7 | 1,177.2 | 1,314.1 | 1,396.0 | 1,485.6 | 1,583.9 | 1,691.6 | 1,810.0 | 1,940.0 | 2,083.1 | 2,240.8 | 2,394.7 | 7.0% |
| Europe | 859.3 | 908.8 | 914.8 | 1,022.0 | 1,086.8 | 1,157.7 | 1,235.4 | 1,320.7 | 1,414.5 | 1,517.6 | 1,631.0 | 1,756.1 | 1,878.4 | 7.1% |
| Asia Pacific | 478.3 | 506.6 | 510.6 | 571.2 | 608.2 | 648.8 | 693.3 | 742.2 | 795.9 | 855.0 | 920.1 | 992.0 | 1,062.5 | 7.2% |
| Latin America | 279.9 | 296.3 | 298.5 | 333.9 | 355.4 | 378.9 | 404.7 | 433.1 | 464.3 | 498.6 | 536.3 | 578.0 | 618.9 | 7.2% |
| MEA | 205.1 | 210.9 | 206.3 | 223.8 | 230.9 | 238.4 | 246.5 | 255.0 | 264.0 | 273.5 | 283.6 | 294.2 | 302.9 | 3.5% |
| Overall | 2,930.6 | 3,093.3 | 3,107.4 | 3,465.0 | 3,677.2 | 3,909.4 | 4,163.8 | 4,442.6 | 4,748.5 | 5,084.6 | 5,454.2 | 5,861.1 | 6,257.3 | 6.9% |
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