Middle East & Africa Pressure Relief Devices Market Size & Outlook
Middle East & Africa pressure relief devices market, 2018-2030 (US$M)
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MEA pressure relief devices market highlights
- The MEA pressure relief devices market generated a revenue of USD 230.9 million in 2022.
- The market is expected to grow at a CAGR of 3.5% from 2023 to 2030.
- In terms of segment, low tech devices was the largest revenue generating type in 2022.
- High Tech Devices is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 230.9 million |
| Market revenue in 2030 | USD 302.9 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Low tech devices |
| Fastest growing segment | High 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 |
| 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, MEA region accounted for 6.3% of the global pressure relief devices market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,062.5 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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Middle East & Africa 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 64.75% in 2022. Horizon Databook has segmented the Middle East & Africa pressure relief devices market based on low tech devices, high tech devices covering the revenue growth of each sub-segment from 2018 to 2030.
Middle Eastern countries, such as Saudi Arabia are prospering economies and are rapidly growing. The growing penetration of health insurance, increasing privatization, and rising regional disease burden are expected to be primary factors responsible for growth of pressure relief devices market.
The advancements in healthcare system are expected to boost the demand for pressure relief devices in this region. Varying socio-economic conditions and political developments across the Middle East region are creating growth opportunities for R&D in healthcare industry.
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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 continent-level data and insights on the Middle East & Africa pressure relief devices market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa pressure relief devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA pressure relief devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Pressure Relief Devices Market Share, 2022 & 2030 (US$M)
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