Intra-Abdominal Pressure Measurement Devices (IPMD) Market Research Analysis | Industry Report 2019
Added: (Tue Jul 09 2019)
Pressbox (Press Release) -
Market Overview:
Intra-Abdominal Pressure Measurement Devices (IPMD) Market size was around USD 61.08 million in 2018. It is expected to grow at a CAGR of 16.5% to reach USD 131.08 million by 2023. Steady-state pressure concealed within the abdominal cavity is called Intra-Abdominal pressure (IAP). Devices used to measure this pressure are called Intra-Abdominal Pressure Measurement Devices. They are mainly used to diagnose Abdominal Compartment Syndrome (ACS) and Intra-Abdominal Hypertension (IAH). Morbidity due to cardiac output, decreased venomous return and altered respiratory mechanisms are some of the severe causes of these diseases. Early diagnosis of these diseases is of prime importance.
Market Drivers and Restraints:
Augmenting geriatric population, rising number of cases of ACS and IAH, innovation in surgical techniques, superiority in the treatment protocol conjoined with preference of prophylactic abdominal decompression procedures for trauma treatment are the primary drivers of market growth. Reduced usage of IPMDs for surgeries and fake negative results from pelvic hematoma are the primary restraints of market growth.
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Report segmented as
By Product Type:
• Disposables
• Equipment
By Procedure:
• Muscle
• Abdomen
By Application:
• Intra-Compartment Pressure
• Intra-Abdominal Hypertension
By End User:
• Hospitals
• Trauma Centres
• Ambulatory Surgical Centres (ASCs)
• Clinics
Geographical Analysis:
By geography the market is categorized into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. North America is the market leader capturing more than half of the market share. It is predicted to grow robustly in the aforementioned forecast period. Europe is the second largest market. It will experience sluggish growth till 2023. Asia Pacific is set on a high growth trajectory. Latin America is also likely to experience a slow growth till the end of the forecast period. Middle East and Africa is the least attractive market with the lowest market penetration and growth rate. It has an attractive index of 0.1.
Important Market Players:
Key players in the market include C. R. Bard, Inc., ConvaTec Group PLC, Holtech Medical, Centurion Medical Products, Biometrix Ltd.(Degania Silicone, Ltd.), Stryker Corporation. Other players in the market include Spiegelberg GmbH, Nutrimedics S.A. (Greece), Potrero Medical Inc. (U.S.), and Gaeltec (UK).
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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