歐洲馬車廂壓力測量裝置rket Competitive Analysis with Forecast to 2028

According to Precision Business Insights (PBI) latest report, europe compartment pressure measurement devices market is expected to be worth USD 71.5 million in 2022, growing at a 5.3% CAGR from 2022 to 2028. Increased research activities and technological advancements in the region, Designing, manufacturing, and selling state-of-the-art medical technology to meet users' demand by key players, especially in Germany. In addition, the easy availability of devices in the region, and the rising prevalence of IAP in the region, which results in rising demand from neurosurgical specialists, research institutions, leading hospitals, and university hospitals. Rising government spending on healthcare and developing healthcare infrastructure drive the compartment pressure measurement devices market in the region.

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The intra-Abdominal Pressure (IAP) Segment Dominates the Compartment Pressure Measurement Devices Market:
Intra-abdominal pressure segment is expected to account for a larger revenue share in the compartment pressure devices market with a significant value share in the Europe market. It is projected to grow at a 5.5% CAGR between 2022 and 2028. Intra-abdominal pressure segment is projected to reach around USD 50.3 Mn by 2028. IAP is caused by an excessive amount of intra-abdominal volume in the abdominal cavity. Furthermore, patients with acute abdominal syndromes such as intestinal perforation, peritonitis, ileus, acute pancreatitis, or trauma are more likely to have increased IAP. IAP is very common among patients in intensive care units. The presence of IAP is linked to a greater rate of death and morbidity. As a result, an increase in demand for intra-abdominal pressure monitoring devices for early detection and treatment of IAP is a major market driver in the region.

Germany Leads Compartment Pressure Measurement Devices Market:
Germany is expected to hold the 25.9% market share in the Europe compartment pressure measurement devices market in the forecast period. It is projected to grow at a CAGR of 5.2% in the coming years. The growth in the number of sports injuries and traumatic accidents that enhance the prevalence of compartment pressure is attributed to this significant market expansion. As the prevalence of sports injuries leading to trauma and fractures rises, demand for compartment pressure monitoring devices is expected to rise in the country.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
Europe's Compartment Pressure Measurement Devices market further reveals that the key players increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gaining significant geographic presence across the region. For instance, In June 2019, C2Dx Inc. acquired a product line called 'Intra-Compartmental Pressure Monitoring System' from Stryker Corporation. It is also known as the STIC Monitor, which is considered the gold standard tool for diagnosing and management of chronic and acute compartment syndrome.

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The europe compartment pressure measurement devices market is segmented on the basis of product type, application, end-user, and geography.
Based on the product type, the market is segmented into the following:
• Equipment
• Disposable

Based on the application, the market is segmented into the following:
• Intra-Abdominal Pressure
• Intra-Compartment pressure

Based on the end user, the market is segmented into the following:
• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Trauma Centers

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This release was published on openPR.