The global intra-abdominal pressure measurement devices market is expected to have rapid expansion, with a predicted value of US$ 318.3 million by 2033. This indicates an impressive Compound Annual Growth Rate (CAGR) of 12.40% from its projected US$ 98.9 million 2023 valuation.
According to the paper, intra-abdominal hypertension (IAH) will become increasingly popular in developing nations. The majority of the current demand for these gadgets is found in Europe and America. Over the course of the forecast period, the demand for intra-abdominal pressure measurement devices is expected to expand gradually in a number of regions, including Asia Pacific, Latin America, and the GCC.
Collaboration between producers of intra-abdominal pressure measurement devices and catheters for monitoring IAP in intensive care units is increasing, as per Future Market Insights. Furthermore, many doctors now prefer clinical examination of IAH over physical detection due to the equipment’ improved sensitivity and accuracy.
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Improved Patient Safety and Demographic Shifts Drive Demand
The ability to monitor abdominal pressure effectively translates to improved patient safety by offering healthcare providers the means to prevent complications and enhance treatment outcomes. As a result, hospitals and clinics are increasingly investing in these devices to minimize risks and improve patient care.
The growing geriatric population and the rising incidence of chronic diseases such as chronic kidney disease, diabetes, cardiovascular issues, and obesity are further contributing to market growth. These demographics require close monitoring, and intra-abdominal pressure measurement devices provide a valuable tool for managing such conditions.
Key Takeaways:
- The intra-abdominal pressure measurement devices market is estimated to secure a valuation of US$ 328.3 million with a CAGR of 12.40% by 2033.
- In the historical period, the market captured a valuation of US$ 89.4 million with a CAGR of 10.6% in 2022.
- The United States dominates the global market by registering a share of 45.1% during the forecast period.
- Japan is anticipated to secure a share of 6.4% in the global market by 2033.
- With a CAGR of 15.70%, Australia is significantly driving the global market by 2033.
- Germany is another nation predicted to register a share of 6.7% in the global market during the forecast period.
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Competitive Landscape:
The market is highly fragmented, with several competitors in the intra-abdominal pressure measurement devices space. These companies are implementing mergers and acquisitions, partnerships and collaborations, and new product launches to meet consumer demand and expand their customer base.
Other Prominent Players in the Global Market are:
- R. Bard, Inc.
- ConvaTec Group PLC
- Stryker Corporation
- Biometrix Ltd. (Degania Silicone, Ltd.)
- Centurion Medical Products
- Holtech Medical
- ConvaTec Group PLC
- Potrero Medical
- Gaeltec Devises Ltd.
- Speigelberg GmbH & Co. KG.
- C2Dx Inc.
- Scranton Gillette Communication
- Nutrimedics S.A.
- SEM Mthembu Medical (Pty) Ltd
- Carl Zeiss AG
Market by Category:
By Product:
- Disposables
- Equipment
By Application:
- Intra-abdominal Hypertension
- Intra-compartment Pressure
By End User:
- Hospitals
- Clinics
- Trauma Centers
- Ambulatory Surgical Centers (ASCs)
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- The Middle East and Africa
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