The Global Pressure Relief Devices Market size was estimated at USD 2.53 billion in 2015 and is expected to reach USD 4.14 billion by 2027, growing at a CAGR of 5%.
A pressure relief device is the last line of defense for safety. A pressure relief device can release excess pressure if all other safety devices or operational controls fail. Various pressure relief devices such as static air devices, also called low-tech devices, are widely used. A pressure reliever is a device that provides a suitable support surface and distributes weight over a large area. Pressure relief devices are indicated for bedsore cases for patients of all age groups.
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Market Segments
By Product
- Low-tech devices
- High-tech Devices
By Application
- Clinic
- Hospital
- Others
Key Players
Some of the key players influencing the pressure relief devices market are BSN Medical, KCL Licensing, Inc., Hill Rom Services Inc., Medtronic, Invacare Corporation, Arjo, Talley Group Ltd, Paramount Bed Co., General Electric Company, and Omron Healthcare, Inc.
Scope of the Report
The research study analyzes the global Pressure Relief Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Pressure Relief Devices Market Report
1. What was the Pressure Relief Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Pressure Relief Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Pressure Relief Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Pressure Relief Devices market.
- The market share of the global Pressure Relief Devices market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Pressure Relief Devices market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Pressure Relief Devices market.
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