PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339305
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339305
The global anorectal manometry systems market size is expected to reach USD 129.97 million by 2032, according to a new study by Polaris Market Research. The report "Anorectal Manometry Systems Market Share, Size, Trends, Industry Analysis Report, By Product Type (System, Software, System Health and Catheters); By Modality Type; By End User, By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Growing advancements in the industry is one of the foremost factors likely to spur the market's growth globally. Continuous advancements in technology have led to the development of more sophisticated and user-friendly anorectal manometry systems. This has also augmented the business's focus in product development. For instance, in February 2019, the first hospital in India to employ anorectal manometry equipment was SMILES International Institute of Coloproctology.
The M-Compass is an anal manometry device that was created and produced by the Mayo Clinic. The Anorectal Manometry Test (ARM) was carried out on patients with faecal incontinence/chronic constipation using an M-Compass. Manufacturers offer training programs, user manuals, and technical support to ensure optimal usage and performance of the systems. By providing adequate training and support, manufacturers facilitate the adoption and utilization of anorectal manometry systems, contributing to market growth across the world.
Moreover, continuous advancements in anorectal manometry systems, including improved sensors, software, and data analysis tools, contribute to their market growth. Technological advancements enhance the accuracy, efficiency, and user-friendliness of these systems, making them more appealing to healthcare providers and improving patient outcomes.
The prevalence of anorectal disorders such as fecal incontinence, constipation, and rectal prolapse is on the rise globally. Anorectal manometry is a crucial diagnostic tool for evaluating these conditions and determining appropriate treatment options. The growing prevalence of anorectal disorders drives the demand for anorectal manometry systems. In addition to this, anorectal disorders are more prevalent in the elderly population. As the global population ages, the demand for anorectal manometry systems is expected to increase. The geriatric population seeks diagnosis and treatment for anorectal conditions, driving the growth of the market.
System segment is major contributor of the global market. This is attributed to comprehensive diagnostic capabilities, customizability, and scalability
Portable system segment is expected to grow with the fastest CAGR during the assessment period as it offer the advantage of mobility and flexibility to the end users
Specialty clinic is segment accounting major share in the global market in the fiscal year 2022. This is due to specialized expertise and increased demand for specialized care from healthcare providers with in-depth knowledge
North America held the largest share in global market by the end of 2022 due to advanced healthcare infrastructure and improved consumer spending
The global anorectal manometry systems market involves Albyn Medical Ltd., Medtronic, Laborie, Prometheus Group, Arndorfer Medical Specialties, Latitude, MD Solutions
Polaris Market Research has segmented the Anorectal Manometry Systems market report based on product type, modality type, end user, and region: