Actually you can use the classical equations from Thick Wall Pressure Vessel and apply the tri-axial stress analysis using Von Mises or Hencky, i.e. twice the stess squared equals the gradient stress vector. You would need to add the wall loading effect to the LONGITUDINAL STRESS since it acts parallel to that axis.
So assuming D=outer diameter, d=inner diameter of the pressure vessel and noting longitudinal stress is simply the reaction of the end caps of the vessel:
HOOP STRESS: Sh = P [(D^2 + d^2) / (D^2 - d^2)]
RADIAL STRESS: Sr = -P
LONGITUDINAL STRESS: Sl = P [d^2 / (D^2 - d^2)]
The internal pressure P acts to stretch the vessel, call this direction in the positive. Since you specifically mention COLLAPSE, your load acts in the opposite direction on the cross sectional area of the wall. Therefore:
LONGITUDINAL STRESS: Sl' = Sl - F / A
Given wall area is simply A = (Pi/4)(D^2 - d^2), you can easily determine the stress vector interms of principle axis or S = Sh i + Sr j + Sl' k, the vector basis being <i,j,k>.
Recalling vector algebra, the Von Mises-Hencky Equation is simply: 2 S^2 = S X S so use the cyclic permutations to resolve the gradient, i.e. S X S cross product. This is considerable mathematics, but without the influence of your F/A factor, that is the original hoop, radial and longitudinal stress terms, you would get:
S = sqrt(3) P [ R^2 / (R^2 - 1)] given R=D/d
This is the classical result found in most advanced books in solid mechanics. Obviously the equation will not clean up as nicely for your F/A term, but you do have the closed form solution set.
I've used this method extensively in the last twenty odd years. It works absolutely without question, most of my strain gauge results have been well within scientific error. Note that for Thin Walled Pressure Vessels, your's may be this case, you could make allowances for the outer/inner diametrical terms to simply the mathematics. This would come with loss of generality, this is typically why there are limitations like D/t < 10 for t=wall thickness.
Hopefully you can follow this mathematical logic. The limitations in space do not lend themselves well to this type of discussion.
Kenneth J Hueston, PEng
Principal
Sturni-Hueston Engineering Inc
Edmonton, Alberta Canada