Global Pressure Relief Devices Market Size & Outlook
The pressure relief devices industry worldwide is expected to reach a projected revenue of US$ 6,257.3 million by 2030. A compound annual growth rate of 6.9% is expected of the worldwide pressure relief devices industry from 2023 to 2030.
Revenue, 2022 (US$M)
$3,677.2
Forecast, 2030 (US$M)
$6,257.3
CAGR, 2023 - 2030
6.9%
Report Coverage
Worldwide
Global pressure relief devices market, 2018-2030 (US$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 segmentation & 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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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 statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Pressure relief devices market size, 2022 (USD Million)
Top 10 countries: Pressure relief devices market size, 2022 (USD Million)
Global pressure relief devices market, by region, 2022 (US$M)
Related regional statistics
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