May 14, 2024

Intra Abdominal Pressure Measurement Devices Market is Expected to be Flourished by Rising Prevalence of Intra-abdominal Hypertension

Intra-abdominal pressure measurement devices are medical devices used for monitoring intra-abdominal pressure in critically ill patients. These devices play an important role in detecting and managing patients suffering from conditions like abdominal compartment syndrome which is a medical emergency if not addressed timely. The devices help healthcare providers take appropriate clinical decisions and manage treatment accordingly. Common device types used are disposables and reusables. Disposables are single-use devices preferred for initial measurements and post-operative monitoring while reusables find applications where frequent measurements are needed.

The global 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 Dynamics:
The rising prevalence of intra-abdominal hypertension is a key driver favoring the growth of the intra-abdominal pressure measurement devices market over the forecast period. As per estimates, intra-abdominal hypertension affects approximately 50% of intensive care unit patients and 20% of surgical patients post-surgery. Early detection of elevated pressures can help prevent life-threatening conditions like abdominal compartment syndrome. Additionally, growing awareness about associated healthcare costs of untreated intra-abdominal hypertension and benefits of monitoring intra-abdominal pressure is prompting more healthcare facilities to adopt pressure monitoring procedures. This, along with ongoing research for development of accurate, portable and cost-effective devices, will further aid the expansion of the intra-abdominal pressure measurement devices market between 2023 and 2030.
Segment Analysis
The intra-abdominal pressure measurement devices market is segmented into disposables and equipment. The disposables segment dominates the market and accounts for around 65% share owing to the recurring requirement of disposable probes and sensors. The segment is expected to witness lucrative growth over the forecast period.

PEST Analysis
Political: The healthcare regulatory bodies have formulated various regulations concerning the safety, efficacy and quality of medical devices. This has boosted innovation and adoption of advanced pressure monitoring devices.
Economic: The rising healthcare spending along with growing ICU admissions and trauma cases is fueling the demand for pressure monitoring devices from hospitals and trauma centers.
Social: Growing prevalence of chronic diseases, rise in geriatric population and obesity rates are leading to increased risk of intra-abdominal hypertension. This is driving the need for early detection using advanced medical devices.
Technological: Leading players are focusing on developing smart devices integrated with data management systems for continuous monitoring. Miniaturization of sensors and wireless connectivity features are also gaining popularity.

Key Takeaways
The global intra-abdominal pressure measurement devices market is expected to witness high growth over the forecast period.
Regional analysis: North America dominates the market attributed to the rapid adoption of advanced medical devices and presence of leading players. However, Asia Pacific is anticipated to exhibit strong growth prospects in the coming years supported by rising healthcare expenditure and increasing patient pool.
Key players: 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. CR Bard holds a dominant share owing to its wide product portfolio and strong geographical presence across major markets.

*Note:
1.      Source: Coherent Market Insights, Public sources, Desk research
2.      We have leveraged AI tools to mine information and compile it