Intra-compartmental Pressure Measuring Systems Market
Number of pages: 100 | Report Format: PDF | Published date: March 24, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
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Report Attribute |
Details |
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Market Size Value in 2022 |
US$ 16.6 million |
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Revenue Forecast in 2031 |
US$ 47.6 million |
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CAGR |
12.4% |
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Base Year for Estimation |
2022 |
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Forecast Period |
2023-2031 |
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Historical Year |
2021 |
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Segments Covered |
Method, End-user, and Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global intra-compartmental pressure measuring systems market was valued at US$ 16.6 million in 2022 and is expected to register a revenue CAGR of 12.4% to reach US$ 47.6 million by 2031.
Intra-compartmental Pressure Measuring Systems Market Fundamentals
Compartment syndrome is a condition of elevated pressure within a nonexpansile space that results in compromised tissue perfusion and, ultimately, dysfunction of neural and muscular structures contained within that space. It is assessed using compartment pressure measurement. According to a recent American Academy of Orthopedic Surgeons report, continuous intra-compartmental pressure measuring is one of the few methods available to help rule out acute compartment syndrome. Acute compartmental syndrome is diagnosed when examining unconscious patients based on physical examination or single point of time intra-compartmental pressure measurement. Using a minimally invasive device that can measure continuous intra-compartmental pressure can help diagnose conditions more accurately and precisely.
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Intra-compartmental Pressure Measuring Systems Market Dynamics
The increased prevalence of acute comparative syndrome, an aging population, and the number of traffic accidents all contributed to revenue growth in the global market. Additionally, a sedentary lifestyle is turning into a serious public health problem. Despite being associated with several chronic health issues, sedentary lifestyles appear to be becoming more common in many countries. Conversely, people are more driven to join health and fitness clubs due to their growing understanding of the value of leading a healthy lifestyle and participating in fitness activities. At the same time, some people acquire an exercise routine that stems from a desire for physical fitness. Acute compartment syndrome is commonly registered among people participating in strenuous activity, weightlifting, military training, and marathons. A severe injury or excessive physical exercise might bring on swelling or bleeding in a compartment. Therefore, the population prone to over-workout influences the revenue growth of the intra-compartmental pressure measuring systems market.
The early development of musculoskeletal issues linked to accidents and road injuries is expected to support market revenue growth in the years ahead. Hospitals are focusing on constant upgradation of services and infrastructure due to a growing grasp of how to purchase cutting-edge products. Compensation for treatments has also helped to increase new medical device acceptance. Due to these factors, customers may select efficient, cutting-edge products, which boosts market income. Contrarily, the cost of older models has dramatically decreased due to advancements in orthopedic technology. Due to extensive R&D successes and countless advancements, the intra-compartmental pressure measuring systems market has grown into a well-established business with steady revenue growth opportunities in developed and developing nations. The increasing government focus on reducing the disease burden brought on by the rising incidence of the elderly population is driving the intra-compartmental pressure measuring systems market. The increasing prevalence of osteoporosis and arthritis increasing is expected to fuel fast market revenue growth in the near future. Moreover, the market for intra-compartmental pressure measuring systems is predicted to grow rapidly due to the increasing acceptance of preventative healthcare measures and the development of advanced treatments.
The growing awareness of the benefits of preventive healthcare also contributes to the market’s revenue growth. Furthermore, companies are investing heavily in research and development to introduce innovative products and capture a larger market revenue share. In addition, the increasing prevalence of chronic diseases and the need for cost-effective treatment options are also driving the demand for healthcare products and services. This has led to collaborations between healthcare providers and manufacturers to develop affordable patient solutions.
However, one major factor limiting market expansion is the high risk of complications associated with intra-compartmental pressure measurement methods. Patients’ intra-compartmental pressure is frequently measured via the bladder. Two massive problems with pressure management devices that could put patients at risk and cause discomfort are bladder infections and needle stick wounds. Intra-compartmental pressure measurement systems market revenue growth may be hampered by complicated surgical procedures that elevate the sites and adhesion that generate erroneous data about the problems. While measuring the patient, there are problems with the infusion volume, indications, measurement frequency, and zero-reference point. These factors are likely to restrict the market revenue growth.
Intra-compartmental Pressure Measuring Systems Market Ecosystem
The global intra-compartmental pressure measuring systems market is analyzed from three perspectives: method, end-user, and region.
Intra-compartmental Pressure Measuring Systems Market by Method
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Based on the method, the global intra-compartmental pressure measuring systems market is segmented into slit catheter, syringe-based manometer, and others.
The syringe-based manometer segment accounted for the largest revenue share of the global intra-compartmental pressure measuring systems market in 2022. The syringe-based manometer is the most frequently balanced against the gravitational pull of liquid heads to detect an unknown pressure. Both dynamic and differential pressures can be measured using it. It is possible to measure pressure at various pressure levels. Also, using a syringe-based manometer is inexpensive. Manometers effectively measure low pressure, enabling it to be considered in most cases of compartmental pressure measurement. Additionally, the device's design is simple, making it easy to operate. It has higher sensitivity with a fair accuracy rate. The pressure differential can be determined from the beginning without needing to be calibrated against standards. For a wide variety of filling fluids with different specific gravities, the manometer is the most offered intra-compartmental pressure measuring method.
A slit catheter is a newly developed method for measuring intra-compartmental pressure. Using a slit catheter method with a differential pressure threshold of 30 mmHg for more than two hours has recently been reported to have a high sensitivity (94%) and specificity (98%) for intra-compartmental pressure measuring in at-risk patients. According to multiple research results, the slit catheter is comparable to the wick catheter and outperforms the needle manometer approach. Additionally, it displayed strong diagnostic performance traits. Therefore, the slit catheter segment is expected to show the fastest revenue growth in terms of market revenue share.
Intra-compartmental Pressure Measuring Systems Market by End-user
Based on the end-user, the global intra-compartmental pressure measuring systems market is segmented into hospitals, specialty clinics, ambulatory surgery centers, and trauma centers.
The hospitals segment accounted for the largest revenue share of the global intra-compartmental pressure measuring systems market in 2022. Due to the rising prevalence of different orthopedic issues and injuries, the hospitalization rate has increased significantly. Thus, using intra-compartmental pressure measuring systems is predominant in hospitals. Moreover, medical instruments for diagnosis are crucial to providing secure and trustworthy testing with high accuracy. Globally, demand for effective and potent diagnosing equipment is rising quickly. Modern medical technology and equipment usage is one of the main factors in choosing a hospital for treatment. Their equipment and infrastructure greatly influence the reliability of hospitals. The patients receive the greatest care possible, which hastens their recovery. The cleanest hospitals continue to be their first focus. They do this action to follow government rules. All hospitals must abide by the necessary safety precautions and fire protection procedures under this regulation. It is also quite important to take note of the hospital’s infrastructure. Sometimes, hospital fees can be very expensive, especially when a patient has a significant health issue. The majority of multispecialty hospitals have agreements with the top insurance companies. It enables the patient to submit claims quickly.
Intra-compartmental Pressure Measuring Systems Market by Region
Based on the region, the global intra-compartmental pressure measuring systems market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America accounted for the largest revenue share of the global intra-compartmental pressure measuring systems market in 2022. Some major drivers propelling revenue growth in the North America market are the rapid increase in hospitals and ambulatory surgery centers, the adoption of cutting-edge medical technology, and the rise in chronic illness cases. A well-developed healthcare infrastructure, industry titans, recently released cutting-edge devices, payment coverage, and other factors are all thought to be contributing to the high demand for sophisticated healthcare services in this region.
The increased road accident-related trauma cases and rising research and development expenditures are anticipated to increase demand for intra-abdominal pressure measurement tools. Due to the high incidence of sports injuries from increased physical activity in adults, children, and the aging population, the compartmental syndrome occurs more frequently than average. The United States registers more than 3.5 million sports-related injuries annually, according to the U.S. Centers for Disease Control (CDC), which estimates that 30 million children and adults participate in sports and physical activities yearly. The primary factor contributing to the rise in injuries among young people is their year-round involvement in sports.
Intra-compartmental Pressure Measuring Systems Market Competitive Landscape
The market is fragmented due to the numerous competitors in the intra-compartmental pressure measuring systems arena. These businesses use strategies including mergers and acquisitions, partnerships and collaborations, and new product releases to match consumer demand and increase their client base.
Notable market participants include:
Intra-compartmental Pressure Measuring Systems Market Strategic Development/s
An intra-compartmental pressure monitor is a device intended for measuring compartmental pressures to aid in diagnosing compartment syndrome.
The increased prevalence of orthopedic disorders and injuries is the most important driving factor of the global intra-compartmental pressure measuring systems market revenue growth.
The lower accuracy of the systems is the crucial factor hindering the global intra-compartmental pressure measuring systems market revenue growth.
Key companies operating the global intra-compartmental pressure measuring systems market are C.R. Brand, Inc., ConcaTec Group PLC, Stryker Corporation, Biometrix Ltd, and Centurion Medical Products.
The global intra-compartmental pressure measuring systems market is expected to grow at a revenue CAGR of 12.4% during the forecast period.
*Insights on financial performance are subject to the availability of information in the public domain