April 18, 2024

Intra Abdominal Pressure Measurement Devices: A Comprehensive Guide

Intra Abdominal Pressure Measurement Devices

The intra abdominal pressure measurement devices market comprises instruments that are used to measure intra-abdominal pressure in critically ill patients. These devices helps in monitoring the pressure inside the abdominal cavity and preventing life-threatening conditions like abdominal compartment syndrome. Key products offered are disposable kits containing transducers, blankets, cables etc. along with standalone monitors. Increase in ICU admissions, trauma injuries and high-risk abdominal surgeries have augmented the demand for intra-abdominal pressure measurement.

The Global Intra Abdominal Pressure Measurement Devices Market is estimated to be valued at US$ 106.7 Mn in 2024 and is expected to exhibit a CAGR of 16% over the forecast period 2023 to 2030.

Key Takeaways

Key players operating in the intra abdominal pressure measurement devices are CR. Bard, Inc. (Becton, Dickinson, and Company), ConvaTec Group PLC, Stryker Corporation, Biometrix Ltd. (Degania Silicone, Ltd.), Centurion Medical Products (Medline Industries, Inc.), and Potrero Medical. The growing prevalence of acute abdominal conditions and the risk of intra-abdominal hypertension has boosted the demand for intra-abdominal pressure monitoring systems globally. Various players are focusing on expanding their geographic presence by strengthening their distribution networks across developed and emerging markets.

Market key trends

One of the key trends witnessed in the intra-abdominal pressure measurement devices market is the introduction of single-use disposable kits to overcome the risk of cross-contamination. These kits containing transducers, catheters and connection tubes can be used for single patient and then discarded. This has significantly improved safety, reduced turnaround times and infection rates. Further, manufactures are focusing on developing cost-effective kits to penetrate price-sensitive developing regions.

Porter’s Analysis

Threat of new entrants: Low capital requirement and technology expertise pose a low threat. Bargaining power of buyers: Large customer base with varied needs gives them higher bargaining power. Bargaining power of suppliers: Established suppliers and differentiated products give them moderate bargaining power. Threat of new substitutes: New substitutes can pose moderate threat due to technology innovations. Competitive rivalry: Intense competition due to presence of many global and local players results in competitive rivalry.

Geographical regions where market value is concentrated
North America – advances in healthcare along with high adoption of technologically advanced medical devices make it the largest regional market.

Fastest growing region
Asia Pacific – rising healthcare expenditure, growing aging population, increasing chronic diseases and improving access to healthcare drive faster growth in Asia Pacific region.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it