by The Intra Abdominal Pressure Measurement Devices Market is estimated to be valued at US$ 106.7 Mn in 2023 and is expected to exhibit a CAGR of 16. % over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Intra abdominal pressure measurement devices are used to directly measure intra-abdominal pressure in patients. These devices are used in critical care settings such as intensive care units, emergency rooms, and operating rooms. The key types of intra abdominal pressure measurement devices are disposables and equipment/accessories. Disposable devices are single-use catheters and transducers whereas equipment/accessories include monitors, cables, and connectors. These devices are used to diagnose and monitor conditions associated with elevated intra-abdominal pressures such as abdominal compartment syndrome.
Market Dynamics:
One of the major drivers of the intra abdominal pressure measurement devices market is the rising incidence of conditions associated with increased intra-abdominal pressure such as abdominal compartment syndrome. Abdominal compartment syndrome occurs due to increased pressure within the abdominal cavity which compromises respiratory and circulatory functions. According to the American Trauma Society, the incidence of abdominal compartment syndrome ranges between 2-19% in critically ill patients admitted to the intensive care unit.
Secondly, advancements in intra-abdominal pressure measurement devices is also fueling market growth. Key players are focusing on developing innovative devices with improved accuracy, reliability, and ease of use. For instance, in 2020, Centurion Medical Products launched the AbViser monitoring system featuring a next-generation transducer technology for precise pressure readings.
Segment Analysis
The intra abdominal pressure measurement devices market comprises of direct single measurement and indirect single measurement segments. The direct single measurement segment is the largest and dominating segment as it provides real-time and accurate pressure measurement by direct placement of a measurement device like a blunt dissection into the abdominal cavity. Direct single measurement devices help clinicians monitor intra abdominal pressure continuously without any delay.
PEST Analysis
Political: Government regulations regarding safety and efficacy of medical devices are influencing manufacturers to focus on innovation and develop advanced pressure monitoring solutions.
Economic: Increase in healthcare expenditure and demand for minimally invasive surgeries are fueling market growth. However, high cost of devices may hamper market penetration in cost-sensitive regions.
Social: Rising incidence of obesity, hernia and other intra abdominal disorders are creating needs for timely intervention and clinical management using pressure monitoring solutions.
Technological: Manufacturers are developing advanced devices with improved integration of sensors, wireless connectivity and data analytics capabilities for continuous monitoring in critical care units.
Key Takeaways
The Global Intra Abdominal Pressure Measurement Devices Market Growth is expected to witness high, exhibiting CAGR of 16% over the forecast period, due to increasing incidence of abdominal surgeries.
Regional analysis: North America dominates the market due to supportive insurance policies and availability of advanced healthcare facilities. Asia Pacific is expected to be the fastest growing market attributed to growing medical tourism, rising healthcare spending and increasing surgical procedures.
Key players operating in the intra abdominal pressure measurement devices market are CR. Bard, Inc. (Becton, Dickinson, and Company), ConvaTec Group PLC, Stryker Corporation, Biometrix Ltd. (Degania Silicone, Ltd.), Centurion Medical Products (Medline Industries, Inc.), and Potrero Medical. Key players are focusing on new product launches and strategic collaborations to strengthen their market position and service offerings.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
