North America Compartment Pressure Measurement Devices Market Key Players Forecast 2022-28

According to Precision Business Insights (PBI) latest report, the north america compartment pressure measurement devices market is expected to be worth USD 93.8 million in 2022, growing at a 6.5% CAGR from 2022 to 2028. Fractures account for the majority of compartment syndrome cases. In the coming years, the increase in the number of fractures is expected to drive market expansion. Soft tissue injuries, vascular injuries, drug overdoses, reperfusion injuries, and bleeding disorders are just a few of the conditions that can cause compartment pressure. Results in rising demand for compartment pressure measurement devices. Technological advancement in compartment pressure measurement devices and the emergence of a systematic perspective for driving functionality and accuracy determined the market progression.

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The intra-Abdominal Pressure (IAP) Segment Dominates the Compartment Pressure Measurement Devices Market:
Intra-abdominal pressure segment is expected to account for a larger revenue share in the North American compartment pressure devices market with value share in the North American market. It is projected to grow at a 6.7% CAGR between 2022 and 2028. Intra-abdominal pressure segment is projected to reach around USD 87.2 Mn by 2028. One of the key factors contributing to the prevalence of abdominal compartment syndrome is organ dysfunction induced by intra-abdominal pressure. According to the Society of Critical Care Medicine (SCCM), Approximately 5.1 million patients are admitted to ICUs in the United States each year for invasive or intensive monitoring.

The United States Leads Compartment Pressure Measurement Devices Market:
The United States is expected to hold the 82.7% market share in the North American compartment pressure measurement devices market in the forecast period. It is projected to grow at a CAGR of 6.45% in the coming years. A rising incidence of compartment syndrome among high-risk patients being treated in emergency and intensive care units in hospitals, a rising prevalence of precursors to compartment syndromes in the country, such as accidents, fractures, and sports injuries, and the presence of a large number of key players in the United States result in easy availability of devices

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
North America Compartment Pressure Measurement Devices market further reveals that the key players increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gaining significant geographic presence across the region. For instance, In June 2019, C2Dx Inc. acquired a product line called 'Intra-Compartmental Pressure Monitoring System' from Stryker Corporation. It is also known as the STIC Monitor, which is considered the gold standard tool for diagnosing and management of chronic and acute compartment syndrome.

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The north america compartment pressure measurement devices market is segmented on the basis of product type, application, end-user, and geography.
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

Key player's profiles in the north america compartment pressure measurement devices market report are R. Bard, Inc., Centurion Medical Products (U.S), ConvaTec Group PLC (U.K), STRYKER CORPORATION (U.S), Biometrix Ltd. (The Netherlands), Potrero Medical, C2Dx Inc. and Centurion Medical Products (Medline Industries, Inc.)

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