Global Compartment Syndrome Monitoring Devices Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (undefined)
Global Compartment Syndrome Monitoring Devices Market is Segmented By Product Type (Intra Compartmental Pressure Monitoring System, Intramuscular Tissue Pressue Monitoring Catheters, Accessories), By Indication (Acute compartment syndrome, Chronic compartment syndrome), By End User (Hospitals, Ambulatory Surgical Centers, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The report offers the value (in USD million) for the above-mentioned segments.
Global Compartment Syndrome Monitoring Devices Market Trends
- Wearable monitoring devices such as smart watches and bands integrated with pressure sensors are gaining traction owing to their non-invasive nature and capability to track real-time changes in compartment pressure during daily activities. Moreover, the data integration of wearables with smartphones and EHRs for seamless monitoring offers huge potential for growth within the market. For instance, on May 6, 2019, Odin Technologies, a medical device company, was announced as the winner of the diagnostics startup track at the Pitch Perfect Contest that took place during the MedCity INVEST Conference in Chicago on April 23-24. The company has developed an intelligent wearable medical device that is able to detect and track tissue perfusion, enabling the non-invasive diagnosis of acute compartment syndrome.
Compartment Syndrome Monitoring Devices Market Regional Insights
- North America accounted for the largest market share of over 55.5% in 2023 and is projected to remain dominant over the forecast period. The high prevalence of compartment syndrome, the presence of key market players, and the favorable reimbursement scenario are the key factors driving the growth of the market in this region.
- Europe is the second-largest market for compartment syndrome monitoring devices. The increasing incidence of trauma cases, sports injuries, and chronic diseases is fueling the demand for these devices in the region. Additionally, the growing awareness about the condition and the availability of advanced healthcare facilities are also contributing to market growth.
- Asia Pacific is the fastest-growing market for compartment syndrome monitoring devices. The increasing geriatric population, the rising prevalence of chronic diseases such as diabetes and obesity, and the growing awareness about the condition are driving market growth in this region. Additionally, increasing government investments in healthcare and the growing presence of domestic and international market players are also contributing to market growth.
Figure 1. Global Compartment Syndrome Monitoring Devices Market Share (%), by Region, 2023
