Compartment Syndrome Monitoring Market Scope
Compartment syndrome is a serious situation that occurs once a large amount of pressure is stored up inside the compartment muscle. This kind of syndrome usually occurred due to injury or swelling once an injury. This inflated pressure will avert blood flow that leads to loss of oxygen. The inflated incidences of burns and severe injuries due to accidents, rise in chronic diseases, rise in older adults’ population, and rise in analysis and development will drive the demand for compartment syndrome observance. Research and development will facilitate in enhancing the life expectancy of patients. These factors act as a driver of compartment syndrome monitoring devices. Road accidents cause injuries and swelling that cause compartment syndrome. Also, advancements in technology and R&D are playing a critical role in propelling the expansion of the compartment syndrome monitoring market.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | North America |
Largest Market | United States |
Unit | Value (USD Million) |
Key Companies Profiled | Stryker (United States), BioPro Inc. (United States), MY01 Inc. (Canada), C2DX Inc. (United States), Centurion Medical Products Corporation (United States), Speigelberg GmbH & Co. KG. (Germany), Holtech Medical (United States), Instratek (United States), Biometrix (Netherlands) and Potrero Medical (United States) |
CAGR | 4.9% |
"According to AMA, the Global Compartment Syndrome Monitoring market is expected to see growth rate of 4.9% and may see market size of USD332.5 Million by 2027."The cases of severe injuries and burns have increased due to the rising population that resulted in road accidents. Road accidents became a primary concern of the people. According to WHO, in 2020, the number of injuries caused due to road accidents reached approximately 20 to 50 million worldwide.Road accidents cause injuries and swelling that lead to compartment syndrome. Also, advancement in technology and R&D are playing a critical role in propelling the growth of compartment syndrome monitoring market Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Compartment Syndrome Monitoring market throughout the predicted period.
Stryker (United States), BioPro Inc. (United States), MY01 Inc. (Canada), C2DX Inc. (United States), Centurion Medical Products Corporation (United States), Speigelberg GmbH & Co. KG. (Germany), Holtech Medical (United States), Instratek (United States), Biometrix (Netherlands) and Potrero Medical (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Compartment Syndrome Monitoring market by Type , by Application (Head Trauma, Abdominal Hypertension and Muscle Injury) and Region with country level break-up.
On the basis of geography, the market of Compartment Syndrome Monitoring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). United States region held largest market share in the year 2021.
In August 2021, Millar, Inc., and Schwarzer Cardiotek announced a strategic collaboration to integrate the Millar Mikro-Cath and the EP-Tracer recording system. and In November 2018, Millar, Inc. announced the expansion of the Mikro-Cath Pressure Catheter CE mark to include airway and intra-compartmental pressure measurements, providing clinicians access to high-fidelity pressure data.
Compartment Syndrome Monitoring Market Dynamics:
Attributes | Details |
---|
Trends Influencing Market | - Increasing Adoption of The Device
|
Key Restraints | |
Challenges | |
Market Opportunities | - Rise In Research and Development Activities
- Advancement In Technology
|
Key Target Audience
Manufacturers of Compartment Syndrome Monitoring, Governmental and Regulatory bodies and End-Users