Intra-Abdominal pressure measurement devices are medical devices that provide continuous monitoring of intra-abdominal hypertension and abdominal compartment syndrome. The devices are used in intensive care units for critically ill patients requiring monitoring of organ perfusion and function. The global Intra Abdominal Pressure Measurement Devices Market is estimated to be valued at US$ 106.07 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 key trends:
Growing necessity in intensive care units is primarily driving growth of the intra-abdominal pressure measurement devices market. Intra-abdominal hypertension is a significant cause of multisystem organ dysfunction and failure in critically ill patients. Continuous monitoring of intra-abdominal pressure helps in early detection of elevated pressure which if left untreated can lead to abdominal compartment syndrome. This has increased adoption of intra-abdominal pressure monitoring in intensive care units for high-risk patients. According to FDA, over 200,000 Americans develop abdominal compartment syndrome each year making monitoring critical for improved patient outcomes.
SWOT Analysis
Strength: Intra Abdominal Pressure Measurement Devices provide accurate and timely monitoring of intra-abdominal hypertension which helps clinicians in effective patient management and decision making.
Weakness: High cost of advanced intra-abdominal pressure monitoring devices limits their widespread adoption.
Opportunity: Rising prevalence of diseases requiring management of intra-abdominal pressure such as abdominal compartment syndrome drives the demand for intra-abdominal pressure monitoring devices.
Threats: Presence of alternative techniques for monitoring intra-abdominal pressure poses competition to the intra-abdominal pressure measurement devices.
Key Takeaways
The global Intra Abdominal Pressure Measurement Devices market is expected to witness high growth.
Regional analysis: The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period attributed to rising healthcare expenditures and increasing patient population undergoing surgeries requiring monitoring of intra-abdominal pressure. North America currently dominates the market owing to availability of advanced medical devices and awareness regarding patient management.
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.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it