The global Compartment Syndrome Monitoring Devices Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 8.0% during the review period (2022 to 2027)
Compartment Syndrome Monitoring Devices Market Overview
The surging prevalence of compartment syndrome along with intra-abdominal hypertension (IAH) is set to fuel the industry progress. Also, the development of advanced equipment for monitoring compartment syndrome that aids in early diagnosis and informed decision making is anticipated to render a positive impact on the market. Also, lack of precise diagnostics may negatively affect the compartment syndrome monitoring devices demand. The now available monitoring systems indicate a range of shortfalls that drives the possibility and risk of a false negative result that might lead to a subsequent limb amputation. Such shortfalls concerning these devices that are majorly associated with the lack of precision might limit the industry statistics. compartment syndrome is a condition where there is increased pressure in the muscle compartments, which is mostly caused due to recent trauma, crush injuries, severe burns, and long bone fractures, and needs immediate surgical attention. The rise in the IAH and compartment syndrome among certain COVID-19 patients is facilitating the use of compartment syndrome monitoring devices. As a result, these attributes have positively slowed down the market demand, however, it is likely to grow in the coming years considerably.
Industry News
In September 2019, ConvaTec Inc. announced the acquisition of South lake Medical Supplies, which specializes in catheter-based devices.
In December 2021, The MY01 Continuous Compartmental Pressure Monitor earned FDA approval for the Bluetooth-enabled MY01.
What are the major Applications, Types and Regions for Compartment Syndrome Monitoring Devices Market?
By Type, it is segmented into
- Acute Compartment Syndrome
- Chronic Compartment Syndrome
- Abdominal Compartment Syndrome
- Others
By Applications it is segmented into
- Hospital
- Clinics
- Others
Compartment Syndrome Monitoring Devices Market Regional Analysis
North America, in 2020, accounted for 34.2% global market share, of which, a little above 90% market share was seen to be contributed by the U.S. alone. High product adoption rate, better accessibility to healthcare, and developed healthcare infrastructure contribute positively to the growth of this market in the U.S.According to annual reports published by Becton, Dickinson and Company, the company’s urology and critical care business segment accounted for more than 30% of its overall revenue in 2020. This is due to the rise in demand for critical care products and services in the U.S. in the past 2 years.
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Compartment Syndrome Monitoring Devices Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Compartment Syndrome Monitoring Devices Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Compartment Syndrome Monitoring Devices Market Report Scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 8.0% during the review period (2022 to 2027).
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By Type
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- Acute Compartment Syndrome
- Chronic Compartment Syndrome
- Abdominal Compartment Syndrome
- Others
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By Application
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By Companies
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C2DX, MY01, Raumedic AG, ConvaTec Inc., Medline Industries, Becton Dickinson & Company.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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120
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Compartment Syndrome Monitoring Devices Report
- Evaluate Compartment Syndrome Monitoring Devices market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Compartment Syndrome Monitoring Devices market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Compartment Syndrome Monitoring Devices Market is studied from 2017 - 2027.
What is the growth rate of Compartment Syndrome Monitoring Devices Market?
The Compartment Syndrome Monitoring Devices Market is growing at a CAGR of 8.0% over the next 5 years.
What regions does this Compartment Syndrome Monitoring Devices Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.