UAE Pressure Relief Devices Market Size & Outlook
UAE pressure relief devices market, 2018-2030 (US$M)
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UAE pressure relief devices market highlights
- The UAE pressure relief devices market generated a revenue of USD 30.8 million in 2022 and is expected to reach USD 42.0 million by 2030.
- The UAE market is expected to grow at a CAGR of 4% 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.
Pressure relief devices market data book summary
| Market revenue in 2022 | USD 30.8 million |
| Market revenue in 2030 | USD 42.0 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Low tech devices |
| Fastest growing segment | High 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, UAE accounted for 0.8% 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 Middle East & Africa, South Africa pressure relief devices market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 42.0 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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UAE 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 64.61% in 2022. Horizon Databook has segmented the UAE 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 UAE market is expected to hold considerable market value in UAE. The country has grown very rapidly from a developing country with large nomadic population. This economic progress has brought opportunities and undoubted social benefits for UAE citizens, including increasing and high life expectancy.
However, rapid urbanization and modernization have contributed to a substantial problem of chronic diseases, mainly obesity-related cardiovascular risk, which is expected to boost the need for pressure relief devices, thereby driving the market growth.
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Target buyers of UAE pressure relief devices market databook
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE pressure relief devices market, including forecasts for subscribers. This country databook contains high-level insights into UAE pressure relief devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE pressure relief devices market size, by type, 2018-2030 (US$M)
UAE Pressure Relief Devices Market Share, 2022 & 2030 (US$M)
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