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Latin America Intra-Abdominal Pressure Measurement Devices (IPMD) Market Research Report - Segmented By Product, Procedure, Application, End User & Country (Mexico, Brazil, Argentina, Chile & Rest of Latin America) - Industry Size, Share, Growth, Trends, & Forecasts 2023 to 2028

Published: March, 2023
ID: 5193
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Intra-Abdominal Pressure Measurement Devices (IPMD) Market Size & Growth (2023 to 2028)

As Per the Report, the Size of the Latin America Intra-Abdominal Pressure Measurement Devices (IPMD) Market is valued at USD 4.24 million in 2023 and is projected to reach USD 8.83 million by 2028, to grow at a CAGR of 15.8% during the forecast period 2023 to 2028.

Intra-abdominal pressure measuring devices use indirect pressure measurement with the bladder in conjunction with intra-abdominal and extra peritoneal organs. The increasing senior population, growing incidence of chronic diseases & injuries/trauma, and hospital-acquired infections (HAI) are the factor that drives the market's growth.

These infections, when left untreated, are associated with a significant increase in morbidity and mortality, especially in critical patients with co-morbidities. In addition, in severe abdominal distension, abdominal compartment syndrome (ACS) and intra-abdominal hypertension (IAH) develop. According to an article published in the Critical Care Medicine Journal, intra-abdominal hypertension occurs in 82% of patients admitted to intensive care.

Additionally, advancements in surgical techniques and improved hospital protocols will positively impact the market. Increased intra-abdominal pressure (IAP) causes tissue hypoperfusion, leading to multi-organ dysfunction syndrome and affecting the functioning of almost all other organ systems in the body. ACS is life-threatening, with a mortality rate of 40-100%.

 According to the WHO, more than 1.42 million people worldwide suffer from nosocomial infectious complications at any given time. In addition, advances in antibiotic treatment of bacterial infections focus on infection-free surgeries, and ascetic guidelines have dramatically reduced the mortality from many infectious diseases. All these factors above are anticipated to drive the Latin America IPMD market in upcoming years.

Inserting equipment like catheters & pressure transducers into the abdominal cavity, stomach, and rectum can cause discomfort for patients and hence needs skilled professionals to use the device, which may be a limiting factor for the growth of Latin America IPMD. In addition, there is a high risk of adhesions, which can lead to false-positive results, which might threaten the development of the market in the coming years.

This research report on the Latin America Intra-Abdominal Pressure Measurement Devices Market has been segmented and sub-segmented into the following categories

By Product:

  • Disposables
  • Equipment

By Procedure:

  • Muscle
  • Abdomen

By Application:

  • Intra-Compartment Pressure
  • Intra-Abdominal Hypertension

By End User:

  • Hospitals
  • Trauma Centres
  • Ambulatory Surgical Centres (ASCs)
  • Clinics

By Country:

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Geographically, the Latin America Intra-abdominal pressure measurement devices market is estimated to reach a decent CAGR due to the increase in chronic diseases and other related conditions and the development of healthcare facilities.

The Brazil intra-abdominal pressure measurement devices market dominated this region and is estimated to follow this trend during the forecast period. Therefore, regional market growth can be linked to untapped market demand.

The Argentina intra-abdominal pressure measurement devices market is predicted to grow at a healthy CAGR during the forecast period due to a higher incidence of HAIs, an increasing number of hospitals and medical facilities, and an increased rate of surgeries leading to more hospitalizations will stimulate this regional market.

The Mexico intra-abdominal pressure measurement devices market is estimated to grow significantly due to the key players increasing their focus on developing cheaper products. In addition, component processes to expand their market into small-mid ranged hospitals. The market will be driven at a steady CAGR due to the increasing HAIs rate, growing geriatric population, and improving healthcare facilities.

In a recent study, the HAI incidence rate was 21.20%. At the same time, the incidence rates ranged from 2.95% for bacteremia to 8.65% for surgical wound infections. The overall incidence rate was recorded at 16.32 per 1000 patient days. Patients faced nearly 2.03% infections for bacteremia to 7.46 per 1000 patient days for surgical wound infections.

KEY MARKET PLAYERS

Noteworthy Companies dominating the Latin America Intra-Abdominal Pressure Measurement Devices (IPMD) Market Profiled in the Report are C. R. Bard, Inc., Biometrix Ltd.(Degania Silicone, Ltd.), Stryker Corporation, Spiegelberg GmbH, ConvaTec Group PLC, Holtech Medical, Centurion Medical Products, Nutrimedics S.A, Potrero Medical Inc and Gaeltec.,

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