Global Pressure Relief Devices Industry (2020 to 2027) – Key Market Trends and Drivers…

first_img Facebook Local NewsBusiness Previous articleYokogawa und ICQ Consultants vereinbaren Kooperation für biopharmazeutisches GeschäftNext articleBust of Black hero of Lewis & Clark trip goes up in Portland Digital AIM Web Support WhatsApp Twitter Pinterest Facebook WhatsAppcenter_img TAGS  DUBLIN–(BUSINESS WIRE)–Feb 24, 2021– The “Pressure Relief Devices – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering. The publisher brings years of research experience to the 9th edition of this report. The 182-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Global Pressure Relief Devices Market to Reach $3.8 Billion by 2027 Amid the COVID-19 crisis, the global market for Pressure Relief Devices estimated at US$2.9 Billion in the year 2020, is projected to reach a revised size of US$3.8 Billion by 2027, growing at a CAGR of 3.6% over the period 2020-2027. Low-Tech Devices, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$2.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the High-Tech Devices segment is readjusted to a revised 2.9% CAGR for the next 7-year period. The U.S. Market is Estimated at $795.9 Million, While China is Forecast to Grow at 6.5% CAGR The Pressure Relief Devices market in the U.S. is estimated at US$795.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$791.4 Million by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR. Competitors identified in this market include, among others:Arjo ABHill-Rom Holdings, Inc.Invacare CorporationMedtronic, Inc.Paramount Bed Co., Ltd.Stryker Corporation Key Topics Covered: I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEWGlobal Competitor Market SharesPressure Relief Devices Competitor Market Share Scenario Worldwide (in %): 2019 & 2025Impact of COVID-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS IV. COMPETITIONTotal Companies Profiled: 44 For more information about this report visit https://www.researchandmarkets.com/r/je2yr0 View source version on businesswire.com:https://www.businesswire.com/news/home/20210224005751/en/ CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH SOURCE: Research and Markets Copyright Business Wire 2021. PUB: 02/24/2021 11:11 AM/DISC: 02/24/2021 11:11 AM http://www.businesswire.com/news/home/20210224005751/en By Digital AIM Web Support – April 6, 2021 Twitter Global Pressure Relief Devices Industry (2020 to 2027) – Key Market Trends and Drivers – ResearchAndMarkets.com Pinterestlast_img
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