The compartment syndrome monitoring devices market is estimated to be valued at US$ 203.70 Mn in 2023 and is expected to exhibit a CAGR of 8.6% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Key Market Takeaways
:Growth of the compartment syndrome monitoring devices market is attributed to the rising incidence of sports injuries and road accidents predisposing to compartment syndrome.
- On the basis of product type, the intra-compartmental pressure monitoring systems segment is expected to hold the dominant share in the compartment syndrome monitoring devices market owing to the ability to provide objective measurements for early diagnosis.
- By indication, acute compartment syndrome accounts for the largest share in the compartment syndrome monitoring devices market due to the increasing trauma caseload globally.
- Hospitals form the primary end-user segment due to the high preference of clinicians for ICP monitoring in emergency and critical care settings.
- Regionally, North America is likely to dominate the compartment syndrome monitoring devices market through 2030 due to presence of major players and favorable reimbursement policies for advanced monitoring devices.
Compartment Syndrome Monitoring Devices Market Report Coverage
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Report Coverage
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Details
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Market Revenue in 2023
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USD 203.7 Million
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Estimated Value by 2030
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USD 362.9 Million
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Growth Rate
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Poised to grow at a CAGR of 8.6%
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Historical Data
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2018–2022
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Forecast Period
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2023–2030
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Forecast Units
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Value (USD Million/Billion)
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Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Segments Covered
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By Product Type, By Indication, By End User
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Geographies Covered
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North America, Europe, Asia Pacific, and Rest of World
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Growth Drivers
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• Increasing Prevalence of Compartment Syndrome
• Technological advancements in Compartment Pressure Monitoring Devices
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Restraints & Challenges
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• Complex Regulatory Frameworks
• Stringent Approval Process and Validation Requirements |
Market Dynamics
:The compartment syndrome monitoring devices market is driven by rising prevalence of compartment syndrome worldwide. The condition requires immediate treatment to prevent permanent damage to muscle and nerve tissues. Compartment syndrome monitoring devices are used by physicians to timely diagnose compartment syndrome and provide appropriate treatment.
Increasing participation in sports activities that involve injuries causing compartment syndrome is another factor fueling growth of the compartment syndrome monitoring devices market. Improving healthcare infrastructure and increasing expenditure in emerging economies will support market expansion during the forecast period.
Market Trends
:- Wireless monitoring devices offer convenience of continuous monitoring without restricting physical activity. They transmit pressure readings to a wireless receiver for remote monitoring. This enables mobility and early identification of pressure changes indicative of developing compartment syndrome. Therefore, wireless compartment syndrome monitoring devices are gaining popularity among orthopedic surgeons and sports physicians.
- Compartment syndrome commonly occurs post-surgery or post-trauma in inpatient settings such as hospitals and trauma centers. Monitoring tools allow continuous monitoring of patients at risk of developing this condition. They help in timely identification and prompt treatment to prevent long-term disability. This factor is boosting adoption of compartment syndrome monitoring devices in inpatient settings.
Market Opportunities
:- Sports medicine specialists and orthopedic surgeons are advocating the use of compartment syndrome monitoring devices to aid early diagnosis and enable timely surgical decompression to prevent long-term morbidity. This growing patient pool suffering from trauma-induced compartment syndrome indicates promising growth opportunities for manufacturers in the coming years.
- Intra-compartmental pressure (ICP) monitoring systems allow direct measurement of tissue pressure and are considered the gold standard for diagnosing compartment syndrome. ICP monitoring systems are increasingly being adopted in emergency rooms, intensive care units, and operating rooms given their advantages over other diagnostic modalities. This translates to significant demand and market potential for intra-compartmental pressure monitoring system manufacturers worldwide.
Competitor Insights
Key players in the compartment syndrome monitoring devices market include:
- C2DX, Inc.
- MY01, Inc.
- RAUMEDIC
- Becton
- Dickinson and Company
- Potrero Medical
Recent Developments
:- On May 6, 2021, MY01 Inc., a medical device company, received U.S. FDA 510(k) clearance for their MY01 Continuous Compartment Pressure Monitor. This device is designed to aid in the diagnosis of compartment syndrome by providing continuous pressure measurements within muscle compartments.
Market Segmentation:
By Product Type
- Intra Compartmental Pressure Monitoring System
- Intramuscular Tissue Pressure Monitoring Catheters
- Accessories
By Indication
- Acute Compartment Syndrome
- Chronic Compartment Syndrome
By End User
- Hospitals
- Ambulatory Surgical Centers
- Others
By Region:
North America
:- U.S.
- Canada
Latin America
:- Brazil
- Argentina
- Mexico
- Rest of Latin America
Europe
:- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
Asia Pacific
:- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
Middle East
:- GCC Countries
- Israel
- Rest of Middle East
Africa
:- South Africa
- North Africa
- Central Africa