Spain Pressure Relief Devices Market Size & Outlook
Spain pressure relief devices market, 2018-2030 (US$M)
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Spain pressure relief devices market highlights
- The Spain pressure relief devices market generated a revenue of USD 109.6 million in 2022 and is expected to reach USD 195.9 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.5% 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 109.6 million |
| Market revenue in 2030 | USD 195.9 million |
| Growth rate | 7.5% (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, Spain accounted for 3.0% 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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Spain 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 65.78% in 2022. Horizon Databook has segmented the Spain 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 rising geriatric population and increasing prevalence of chronic diseases are some of the factors driving the growth of Spain pressure relief devices market. These factors are expected to propel the demand for pressure relief devices, leading to significant market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain pressure relief devices market, including forecasts for subscribers. This country databook contains high-level insights into Spain pressure relief devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain pressure relief devices market size, by type, 2018-2030 (US$M)
Spain Pressure Relief Devices Market Share, 2022 & 2030 (US$M)
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