Italy Pressure Relief Devices Market Size & Outlook
Italy pressure relief devices market, 2018-2030 (US$M)
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Italy pressure relief devices market highlights
- The Italy pressure relief devices market generated a revenue of USD 136.3 million in 2022 and is expected to reach USD 242.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, low tech devices was the largest revenue generating type in 2022.
- Low Tech Devices is the most lucrative type segment registering the fastest growth during the forecast period.
Pressure relief devices market data book summary
| Market revenue in 2022 | USD 136.3 million |
| Market revenue in 2030 | USD 242.1 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Low tech devices |
| Fastest growing segment | Low Tech Devices |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Tech Devices, High Tech Devices |
| Key market players worldwide | 3M Co, Arjo AB Class B, Essity, Hillrom UK, Invacare, Paramount Bed Holdings Co Ltd, Smith & Nephew PLC, Stryker Corp, Talley Group |
Other key industry trends
- In terms of revenue, Italy accounted for 3.7% of the global pressure relief devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany pressure relief devices market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 195.9 million by 2030.
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Pressure Relief Devices Market Scope
Pressure Relief Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 65.74% in 2022. Horizon Databook has segmented the Italy pressure relief devices market based on low tech devices, high tech devices covering the revenue growth of each sub-segment from 2018 to 2030.
The Italy pressure relief devices market is expected to exhibit substantial growth over the forecast period, owing to factors such as high per capita income and an advanced healthcare system augmenting the demand for novel medical devices including pressure relief devices.
Presence of well-developed healthcare services in Italy is one of the major factors driving the market growth. Services such as NHS in Italy provide coverage for healthcare services to citizens and foreign residents.
Growing geriatric population and increasing incidence of chronic diseases are likely to be key factors contributing to market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy pressure relief devices market, including forecasts for subscribers. This country databook contains high-level insights into Italy pressure relief devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy pressure relief devices market size, by type, 2018-2030 (US$M)
Italy Pressure Relief Devices Market Share, 2022 & 2030 (US$M)
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