Global Compartment Pressure Measurement Devices Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023
By Product Type (Equipment and Disposables), By Application (Intra-Abdominal Pressure and Intra-Compartment Pressure), End Users (Hospitals, Clinics, Ambulatory Surgical Centers, and Trauma Centers), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023
Compartment Pressure Measurement Devices Market Report Description:
Compartment pressure measurement devices market report gives a comprehensive outlook on compartment pressure measurement devices across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). The report on the compartment pressure measurement devices market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application, end users, and geographic regions. This report studies compartment pressure measurement devices market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, compartment pressure measurement devices market report includes new product introduction, company share analysis, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Compartment pressure measurement devices market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the compartment pressure measurement devices market report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply of compartment pressure measurement devices market.
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Compartment Pressure Measurement Devices Market:
The compartment pressure measurement devices market estimated to be valued US$ 48.0 Mn in 2017 and poised to grow at CAGR 18.2%. Market for compartment pressure measurement devices projected to reach US$ 131.2 Mn by 2023 due to rise in prevalence of Intra-Abdominal Hypertension (IAH) and Intra-Compartment Pressure (ICP) in critical care units across different healthcare set-ups
Increasing prevalence of IAH and ICP across the healthcare set-ups
The rise in prevalence of IAP and ICP in different healthcare set-ups like Intensive Care Units (ICUs) and trauma centers across the world expected to fuel the compartment pressure measurement devices market over the forecast period. Moreover, increase in ICU admissions coupled with rising in road accidents, which necessities the compartment pressure measure expected to fuel the market revenue growth in near term. In additions, untoward incidents associated with these compartment pressures such as end-organ failures or amputations prompting the healthcare professions to adopt the compartment pressure monitoring devices in regular healthcare practice to monitor the compartment pressure.
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Technological advances in compartment pressure measurement devices
Technological advances like the development of digital compartment pressure measure devices expected to fuel the market revenue growth over the forecast period. Availability of digital pressure measurement devices further helps to avert the risk of non-availability of surgeons or non-availability of consumables for pressure measurement. These digital devices help healthcare professionals record the compartment pressure in no time and helps in avoiding further complications. For Instance, in 2016, Centurion Medical Products launched compass digital pressure transducers for measuring and monitoring pleural as well as intra-abdominal pressures (IAP).
Developed markets account for significant market revenue share in compartment pressure measurement devices market
Developed markets such as North America and Europe expected to hold the larger market revenue share in global compartment pressure measurement devices market over the forecast period owing to increase in adoption of compartment pressure measurement devices across the healthcare set-ups. Regions such as Asia Pacific and Latin America expected to register moderate growth rate owing lack of awareness regarding pressure measurement devices among healthcare professionals
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Competition Assessment
Key players profiled in the compartment pressure measurement devices market include:
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)
Market players are focusing on launching innovative products like digital pressure monitoring devices and to acquire market share in compartment pressure measurement devices market. Moreover, market is consolidated in nature with few players offering limited number of products in the market
Key Findings of the Report:
Compartment Pressure Measurement Devices Market expanding at 18.2% CAGR over 2017 to 2023 to reach market value of US$ 131.2 Mn by 2023 owing increased adoption in developed markets like North America and Europe
Based on product type disposables accounted for larger market share in 2016 owing to frequent pressure measurement in critical care units
Intra-Abdominal Pressure application segment accounted for larger market revenue share in 2016 and projected to remain dominant over the forecast period due to rise in prevalence of IAH in ICU patients
Players focusing on introducing novel devices in the market to garner market global market opportunities
Key Features of the Report:
The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
The report tracks recent innovations, key developments and startup’s details that are actively working in the market
The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Detailed Segmentation
By Product Type
Equipment
Disposables
By Application
Intra-Abdominal Pressure
Intra-Compartment Pressure
End User
Hospitals
Clinics
Ambulatory Surgical Centers
Trauma Centers)
Geography
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Russia
Poland
Rest of Europe
Asia-Pacific
Japan
China
India
Australia & New Zealand
ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Argentina
Venezuela
Rest of Latin America
Middle East and Africa (MEA)
Gulf Cooperation Council (GCC) Countries
Israel
South Africa
Rest of MEA
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