July 27, 2024

Intra Abdominal Pressure Measurement Devices: Revolutionizing Healthcare

Intra Abdominal Pressure Measurement Devices

The intra abdominal pressure measurement devices market has been gaining significant prominence owing to the increasing cases of chronic abdominal diseases worldwide. Intra abdominal pressure measurement devices help monitor patients for complications arising due to increased pressure in the abdominal cavity. These devices find widespread applications in general as well as bariatric surgeries to reduce postoperative complications associated with elevated intra-abdominal hypertension. Some key advantages of these devices include non-invasive measurements, real-time monitoring, and ability to detect occult abdominal compartment syndrome.

The global intra abdominal pressure measurement devices market is estimated to be valued at US$ 106.7 million in 2024 and is expected to exhibit a CAGR of 16% over the forecast period of 2023 to 2030.

Key Takeaways

Key players operating in the intra abdominal pressure measurement devices 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. The rising geriatric population suffering from chronic abdominal diseases and increasing healthcare expenditure across various countries create significant opportunities for players in this market. Furthermore, growing awareness about complications arising due to elevated intra-abdominal pressure and expanding product portfolios by key players are expected to drive the global expansion of this market over the forecast period.

Market drivers

The growing prevalence of chronic abdominal diseases such as Crohn’s disease, ulcerative colitis, and obesity is a key factor augmenting the demand for intra-abdominal pressure monitoring devices. According to recent statistics, over 3 million Americans suffer from inflammatory bowel diseases like Crohn’s disease and ulcerative colitis. Moreover, nearly 40% of the global adult population is overweight or obese. Increased abdominal pressure in such chronic conditions can lead to complications if not monitored properly. This is anticipated to propel the adoption of intra-abdominal pressure measurement devices during the forecast period.

PEST Analysis

Political: The intra-abdominal pressure measurement devices market is regulated by various government bodies and regulatory agencies that ensure the quality and safety of medical devices. Regulations regarding approval and reimbursement influence the market dynamics.

Economic: Rising healthcare expenditure and increasing cases of chronic diseases such as obesity and trauma drive the demand for intra-abdominal pressure measurement devices in diagnosis and treatment. Economic growth increases the healthcare investments and spending.

Social: Growing elderly population and changing lifestyle leading to chronic diseases increases the need for effective monitoring and management of intra-abdominal hypertension. Rising health awareness favorably impacts the market.

Technological: Advancements in device design, materials, and digitization enable continuous monitoring, data analysis, and remote management. Connected devices and integration of sensors, processors, and software enhance clinical outcomes.

The North American region holds a significant share of the overall intra-abdominal pressure measurement devices market in terms of value owing to established healthcare infrastructure, rising healthcare spending, and presence of major players.The Asia Pacific region is projected to witness the fastest growth during the forecast period driven by growing population, improving access to healthcare facilities, and increasing healthcare investments in developing countries such as India and China.

The Western European region also represents a sizable portion of the global market supported by favorable reimbursement scenario, technologically advanced healthcare systems, and rising burden of chronic conditions. However, the market in the Middle East and Latin America remains at a nascent stage and will provide lucrative opportunities for manufacturers with economic development and healthcare reforms in these regions.

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