Compartment Pressure Measurement Devices Market Trends, Growth Analysis 2022-2028

According to Precision Business Insights (PBI) latest report The Global Compartment Pressure Measurement Devices market is expected to be worth USD 100 million in 2022, growing at a 16% CAGR from 2022 to 2028. Global Compartment Pressure Measurement Devices Market segmented into following types: By Product Type (Equipment and Disposable), Application (Intra-Abdominal Pressure and Intra-Compartment pressure), End User (Hospitals, Clinics, Ambulatory Surgical Centres and Trauma Centres) and Geography (North America, Europe, Asia-Pacific, and Rest of the World) Forecast to 2028. Development of Novel Digital Pressure Monitoring Devices and Growing instances of Intra-abdominal Hypertension (IAH) and Abdominal Compartment Syndrome (ACS) cases are anticipated to create demand for compartment pressure measurement devices, which is expected to fuel the market revenue growth over the forecast period. Technological advances play a vital role in compartment pressure measurement devices market. Digital compartment pressure measurement devices are expected to create new avenues of revenue for the market players. The digital devices enable to measure the pressure with high precision to avoid the complications. Healthcare Stakeholder's Inclination towards advanced compartment pressure devices is anticipated to accelerate the revenue growth over the forecast period.

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Intra-Abdominal Pressure (IAP) Segment are Dominate the Compartment Pressure Measurement Devices Market
Intra-abdominal pressure segment expected to account for larger revenue share in global compartment pressure devices market with value share in global market and projected to grow at 16.5% CAGR over 2022 and 2028. Intra-abdominal pressure segment projected to reach around USD 150 Mn by 2028. Intra-abdominal pressure (IAP) is encountered with critical illness. Critical illness among ICU admissions is expected to increase due to rising prevalence of various chronic diseases. In accordance with the Society of Critical Care Medicine (SCCM), about 5.7 Mn patients are admitted annually in ICUs in United States for life threatening or acute medical problems, comprehensive management of injuries, intensive or invasive monitoring, restoration of stable health.

North America Leads Compartment Pressure Measurement Devices Market
North America expected to hold the more than 50% market share in the global compartment pressure measurement devices market in the forecast period, and it is projected to grow at a CAGR of 18% in the coming years. Growing admissions into ICU and Trauma centres and, the availability of technologically advanced products and the presence of major key players driving the market in the region. Increased number of critical care units, trend towards adoption of advanced compartment pressure monitoring devices anticipated to create lucrative opportunities for market players in North America region over the forecast period

Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players
Global Compartment Pressure Measurement Devices market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In August 2021, Hologic, Inc. a global leader in women's health, announced, that it has acquired Acessa Health Inc., a privately held innovator in minimally invasive treatment for fibroids, this Acquisition strengthens Hologic, Inc leadership position in the GYN surgical space and broadens fibroid treatment portfolio with a highly complementary new product.

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Detailed Segmentation
Based on the product type, the market is segmented into the following:
• Equipment
• Disposable

Based on the application, the market is segmented into the following:
• Intra-Abdominal Pressure
• Intra-Compartment pressure

Based on the end user, the market is segmented into the following:
• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Trauma centers

Based on the geography, the market is segmented into the following:
• North America
o US
o Canada
• Europe
• Asia Pacific
• Latin America
• MEA

Key player's profiles in the Compartment Pressure Measurement Devices market report are Biometrix Ltd. (The Netherlands), R. Bard, Inc. (U.S), Centurion Medical Products (U.S), ConvaTec Group PLC (U.K), Holtech Medical (Denmark), STRYKER CORPORATION (U.S).

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