The Global Intra-Abdominal Pressure Measurement Devices Market Growth Accelerated by Rising Implementation of IoT-based Monitoring Devices
Intra abdominal pressure measurement devices are medical devices used to measure intra-abdominal pressure by assessing pressure inside abdominal and pelvic cavities. These devices are used to monitor patients at high risk of complications from elevated intra-abdominal pressure in conditions like abdominal compartment syndrome. The devices help detect conditions at an early stage and enable timely clinical intervention. With growing cases of chronic diseases and trauma injuries worldwide, the demand for continuous monitoring solutions like intra abdominal pressure measurement devices is increasing.
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 key trends:
The implementation of IoT-enabled intra abdominal pressure measurement devices is accelerating market growth. IoT technology allows continuous remote monitoring of patients and automated transmission of pressure readings to the physician. This helps reduce burden on healthcare providers and improves patient outcomes. IoT devices also enable prediction of pressure changes using artificial intelligence and alert caregivers in advance. Major players are focusing on developing smart intra abdominal pressure measurement devices with cellular or Wi-Fi connectivity to capitalize on the increasing adoption of digital health solutions.
Segment Analysis
Content: The global intra-abdominal pressure measurement devices market can be segmented based on product type, application, end user and region. Among product types, disposables is the dominating segment accounting for around 60% market share. Disposables are preferred more as they reduce the risk of contamination and infections associated with reusable devices.
Key Takeaways
The global intra-abdominal pressure measurement devices market is expected to witness high growth during the forecast period of 2023 to 2030. The market size for 2023 is US$ 106.7 Mn.
Regional analysis
North America is currently the fastest growing and dominating region in the intra-abdominal pressure measurement devices market. Higher adoption of advanced medical devices and presence of prominent players in the region driving the market growth. Asia Pacific is expected to witness highest growth during the forecast period owing to increasing healthcare expenditure and growing awareness regarding critical care therapeutics.
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.
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