Intra-Abdominal Pressure Measurement Devices Market Expected to Garner around US$ 201.9 million by 2027 | CAGR: 16.7%: Coherent Market Insights
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Intra-abdominal pressure measurement devices are used to measure intra-abdominal pressure. The measurement is done by inserting the catheter into the abdominal compartment, or stomach, bladder, or other cavities.
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The global intra-abdominal pressure measurement devices market is expected to reach US$ 201.9 million by 2027.
Global Intra-Abdominal Pressure Measurement Devices Market: Drivers
Growth of the global intra-abdominal pressure measurement devices market during the forecast period (2019 – 2027) is expected to be driven by the increasing prevalence of intra-abdominal hypertension (IAH). For example, according to the study titled ‘Incidence, Risk Factors, and Outcomes of Intra-Abdominal Hypertension in Critically Ill Patients-A Prospective Multicenter Study’ published in the journal Critical Care Medicine in 2019, IAH was present in 34.0% of the patients (included in the study) on the day of ICU admission and in 48.9% of the patients during the observation period.
Global Intra-Abdominal Pressure Measurement Devices Market: Opportunities
The increasing research and development of intra-abdominal pressure measurement devices is expected to offer significant growth opportunities to key players. For example, according to a study titled ‘Intra-Abdominal Pressure as a Marker of Enteral Nutrition Intolerance in Critically Ill Patients. The PIANE Study’that was published in November 2019, a team of researchers from the Hospital Universitario Germans Trias i Pujol in Spain, tested a hypothesis that increased values of intra-abdominal pressure could be used as a marker for enteral nutrition intolerance in critically ill patients. The team found that intra-abdominal pressure values are higher in patients with enteral nutrition intolerance.
Global Intra-Abdominal Pressure Measurement Devices Market: Restraints
Low cost of intra-abdominal pressure measurement devices may cause quality issues, which is expected to hinder the market growth. Primary insights have shown that key players rely on component supplies from Chinese companies to manufacture intra-abdominal pressure measurement devices. This is causing competitors to lower components and product costs by offering low-cost products which are expected to affect the quality of the products in the long run.
In 2019, on the basis of product type, the disposable product segment is estimated to account for US$ 53.1 million in terms of value. The disposable product segment is expected to witness a CAGR of 16.7% during the forecast period and is expected to reach US$ 182.7 million by 2027. Growth of the global intra-abdominal pressure measurement devices market during the forecast period (2019 – 2027) is expected to be driven by the increasing prevalence of intra-abdominal hypertension (IAH).
Based on application, the intra-abdominal hypertension segment is estimated to dominate the global intra-abdominal pressure measurement devices market in 2019 accounting for 86.3% of the market share in terms of value, followed by the intra-compartment pressure application segment. Development of Di-(2-Ethylhexyl) phthalate (DEHP)-free products is expected to drive the global market growth.
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Key players are focused on raising funds to expand their product portfolio. For example, in July 2018, Potrero Medical raised US$ 26.6 million to scale up manufacturing of its sensor-equipped indwelling catheter.
The market is witnessing the launch of advanced open abdomen dressing. For example, in July 2018, KCI, an Acelity company, launched ABTHERA ADVANCE Open Abdomen Dressing, a next-generation temporary abdominal closure device that uses ABTHERA Open Abdomen Negative Pressure Therapy for increasing overall tissue, skin and fascia movement, with no change in intra-abdominal pressure.
Global Intra-Abdominal Pressure Measurement Devices Market: Competitive Landscape
Major players operating in the global intra-abdominal pressure measurement devices market are C. R. Bard, Inc. (Becton, Dickinson, and Company), ConvaTec Group PLC, Stryker Corporation, Biometrix Ltd.(Degania Silicone, Ltd.), Centurion Medical Products (Medline Industries, Inc.), Holtech Medical, and Potrero Medical.
Global Intra-Abdominal Pressure Measurement Devices Market: Key Developments
Key players are focused on adopting various strategies such as merger and acquisition (M&A) to expand their product portfolio. For example, in January 2020, Medline Industries, Inc. acquired Médi-Sélect, a Canada–based medical and dental supplies distributor.
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Scope of the report
- Intra-Abdominal Pressure Measurement Devices Market, By Product Type:
- Intra-Abdominal Pressure Measurement Devices Market, By Application:
- Intra-Abdominal Hypertension
- Intra-Compartment Pressure
- Intra-Abdominal Pressure Measurement Devices Market, By End User:
- Trauma Centers
- Ambulatory Surgical Centers (ASCs)
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