PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403528
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403528
Anorectal Manometry Systems Market Forecasts to 2030 - Global Analysis By Product Type, Modality Type, End User and by Geography
According to Stratistics MRC, the Global Anorectal Manometry Systems Market is accounted for $78.22 million in 2023 and is expected to reach $143.26 million by 2030 growing at a CAGR of 9.03% during the forecast period. Anorectal manometry systems are essential for the evaluation and diagnosis of conditions pertaining to the anorectal area. By measuring pressure and muscle function in the rectum and anal canal, these advanced technology-based systems offer important new insights into conditions like pelvic floor dysfunction, fecal incontinence, and constipation. A catheter equipped with pressure sensors is inserted into the rectum during the procedure to measure muscle contractions and coordination precisely during different exercises, like bearing down and squeezing.
According to the National Health and Nutrition Examination Survey's (NHANES) estimations, 8.3% of non-institutionalized people in the USA alone have faecal continence (FI). Men and women both had a similar prevalence of FI (7.7% vs. 8.9%).
Market Dynamics:
Driver:
Growing number of anorectal disorders
Adoption of anorectal manometry systems is primarily driven by the rising prevalence of anorectal disorders, which are caused by sedentary lifestyles, dietary changes, and aging demographics. A growing number of people are experiencing conditions like pelvic floor dysfunction, fecal incontinence, and constipation, which make precise diagnostic tools necessary for early intervention and focused treatment plans. Additionally, anorectal manometry systems play a critical role in providing accurate diagnostic insights for the best possible patient care, as evidenced by the increasing recognition of these disorders as major contributors to patient morbidity.
Restraint:
Expensive equipment and a high resource requirement
Healthcare facilities face financial difficulties due to the high initial costs of acquiring and maintaining anorectal manometry systems. The resource intensity is increased by the requirement for specific training and technical know-how to run and analyze the output from these systems. Furthermore, in certain healthcare settings, especially those with limited resources or healthcare budgets, the cost of implementing these systems may be prohibitive.
Opportunity:
Innovations and advances in technology
Opportunities to improve the functionality and usability of anorectal manometry systems are presented by ongoing technological advancements. Innovations include better catheter designs, user-friendly interfaces, and integration with artificial intelligence (AI) for real-time data analysis. Moreover, improvements of this kind can simplify processes, lessen the learning curve for medical professionals, and raise the general diagnostic accuracy and effectiveness of anorectal manometry.
Threat:
Alternative diagnostic modalities competition
Defecagraphy, magnetic resonance imaging (MRI), and colonoscopy are among the well-established alternative diagnostic modalities that pose a threat to anorectal manometry systems. Healthcare professionals may continue to favor these tried-and-true techniques despite their own advantages and disadvantages due to things like patient comfort, accessibility, and familiarity. Additionally, the widespread use of anorectal manometry systems is threatened by competition from alternative diagnostic techniques.
COVID-19 Impact:
The anorectal manometry systems market has been impacted by the COVID-19 pandemic in a number of ways. While lockdowns and the focus of resources on pandemic response caused disruptions in manufacturing, supply chains, and elective medical procedures in the early stages, the market's resilience and adaptability were brought to light in the later stages. Furthermore, anorectal manometry systems have the potential to be integrated into telehealth platforms due to the shift towards remote patient monitoring brought about by the pandemic's increased awareness of anorectal health and the telemedicine industry's rapid adoption.
The Stand-Alone Systems segment is expected to be the largest during the forecast period
It is projected that stand-alone anorectal manometry systems will command the largest market share. These systems have been the go-to option in clinical settings with specialized facilities because of their extensive feature set and suitability for in-depth diagnostic evaluations. With their robust capabilities and advanced functionalities, stand-alone systems can handle a wide range of diagnostic scenarios in situations where thorough data collection and analysis are critical. Moreover, their greater market share is a reflection of their well-established ability to provide accurate assessments of anorectal function in conventional clinical settings.
The Diagnostic Centers segment is expected to have the highest CAGR during the forecast period
Due to the targeted approach to diagnostic procedures and the growing trend of outsourcing specialized tests, the diagnostic center segment is expected to have the highest CAGR. Diagnostic centers are more appealing to patients looking for accurate diagnostic evaluations because they offer specialized services with shorter wait times and are outfitted with cutting-edge technologies like anorectal manometry systems. Additionally, diagnostic centers are a rapidly growing segment due to their streamlined workflow and specialization in diagnostics, which enhance efficiency.
Region with largest share:
The market for anorectal manometry systems is expected to have the largest share in the North American region. The region's early adoption of cutting-edge medical technologies, high prevalence of gastrointestinal disorders, and well-established healthcare infrastructure are all contributing factors to its dominance. Furthermore, the substantial market share held by North America in the anorectal manometry systems market is further attributed to the existence of important market players, continuous research and development efforts, and a strong regulatory framework.
Region with highest CAGR:
Europe region is projected to have the highest CAGR. The region's noteworthy market share can be attributed to its advanced diagnostic technologies, sophisticated healthcare infrastructure, and high incidence of gastrointestinal disorders. Europe is a center for innovation in anorectal diagnostics because of its dedication to healthcare R&D and its advantageous reimbursement policies. Moreover, the European Union's adoption of advanced medical technologies and growing consciousness of anorectal health are two factors driving the significant growth of anorectal manometry systems in the region.
Key players in the market:
Some of the key players in Anorectal Manometry Systems market include Laborie Medical Technologies, Medtronic plc, Sierra Scientific Instruments, Albyn Medical S.L., InnovaStar, MMS Medical Measurement Systems B.V., Oakworks Med, Schuster Medizin-Technik GmbH and Medspira.
Key Developments:
In September 2023, Laborie Medical Technologies has entered a definitive agreement for the acquisition of medical device company Urotronic in a deal valued at up to $600m. As per the deal, Laborie will make an upfront cash payment of $255m to Urotronic. Urotronic is entitled to receive potential commercial and reimbursement milestone payments of up to an additional $345m.
In May 2023, Medtronic plc, a global leader in healthcare technology, today announced it has entered into a set of definitive agreements to acquire EOFlow Co. Ltd., manufacturer of the EOPatch® device - a tubeless, wearable and fully disposable insulin delivery device.
Product Types Covered:
- System
- Software
- Systems Health & Catheters
- Other Product Types
Modality Types Covered:
- Stand-Alone Systems
- Portable Systems
- Other Modality Types
End Users Covered:
- Hospitals
- Diagnostic Centers
- Specialty Clinics
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Anorectal Manometry Systems Market, By Product Type
- 5.1 Introduction
- 5.2 Anorectal Manometry Systems
- 5.3 Anorectal Manometry Systems Software
- 5.4 System Sheath and Catheters
- 5.5 Other Product Types
6 Global Anorectal Manometry Systems Market, By Modality Type
- 6.1 Introduction
- 6.2 Stand-Alone Systems
- 6.3 Portable Systems
- 6.4 Other Modality Types
7 Global Anorectal Manometry Systems Market, By End User
- 7.1 Introduction
- 7.2 Hospitals
- 7.3 Diagnostic Centers
- 7.4 Specialty Clinics
- 7.5 Other End Users
8 Global Anorectal Manometry Systems Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Laborie Medical Technologies
- 10.2 Medtronic plc
- 10.3 Sierra Scientific Instruments
- 10.4 Albyn Medical S.L.
- 10.5 InnovaStar
- 10.6 MMS Medical Measurement Systems B.V.
- 10.7 Oakworks Med
- 10.8 Schuster Medizin-Technik GmbH
- 10.9 Medspira
List of Tables
- Table 1 Global Anorectal Manometry Systems Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Anorectal Manometry Systems Market Outlook, By Product Type (2021-2030) ($MN)
- Table 3 Global Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems (2021-2030) ($MN)
- Table 4 Global Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems Software (2021-2030) ($MN)
- Table 5 Global Anorectal Manometry Systems Market Outlook, By System Sheath and Catheters (2021-2030) ($MN)
- Table 6 Global Anorectal Manometry Systems Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 7 Global Anorectal Manometry Systems Market Outlook, By Modality Type (2021-2030) ($MN)
- Table 8 Global Anorectal Manometry Systems Market Outlook, By Stand-Alone Systems (2021-2030) ($MN)
- Table 9 Global Anorectal Manometry Systems Market Outlook, By Portable Systems (2021-2030) ($MN)
- Table 10 Global Anorectal Manometry Systems Market Outlook, By Other Modality Types (2021-2030) ($MN)
- Table 11 Global Anorectal Manometry Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 12 Global Anorectal Manometry Systems Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 13 Global Anorectal Manometry Systems Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
- Table 14 Global Anorectal Manometry Systems Market Outlook, By Specialty Clinics (2021-2030) ($MN)
- Table 15 Global Anorectal Manometry Systems Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 16 North America Anorectal Manometry Systems Market Outlook, By Country (2021-2030) ($MN)
- Table 17 North America Anorectal Manometry Systems Market Outlook, By Product Type (2021-2030) ($MN)
- Table 18 North America Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems (2021-2030) ($MN)
- Table 19 North America Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems Software (2021-2030) ($MN)
- Table 20 North America Anorectal Manometry Systems Market Outlook, By System Sheath and Catheters (2021-2030) ($MN)
- Table 21 North America Anorectal Manometry Systems Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 22 North America Anorectal Manometry Systems Market Outlook, By Modality Type (2021-2030) ($MN)
- Table 23 North America Anorectal Manometry Systems Market Outlook, By Stand-Alone Systems (2021-2030) ($MN)
- Table 24 North America Anorectal Manometry Systems Market Outlook, By Portable Systems (2021-2030) ($MN)
- Table 25 North America Anorectal Manometry Systems Market Outlook, By Other Modality Types (2021-2030) ($MN)
- Table 26 North America Anorectal Manometry Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 27 North America Anorectal Manometry Systems Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 28 North America Anorectal Manometry Systems Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
- Table 29 North America Anorectal Manometry Systems Market Outlook, By Specialty Clinics (2021-2030) ($MN)
- Table 30 North America Anorectal Manometry Systems Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 31 Europe Anorectal Manometry Systems Market Outlook, By Country (2021-2030) ($MN)
- Table 32 Europe Anorectal Manometry Systems Market Outlook, By Product Type (2021-2030) ($MN)
- Table 33 Europe Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems (2021-2030) ($MN)
- Table 34 Europe Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems Software (2021-2030) ($MN)
- Table 35 Europe Anorectal Manometry Systems Market Outlook, By System Sheath and Catheters (2021-2030) ($MN)
- Table 36 Europe Anorectal Manometry Systems Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 37 Europe Anorectal Manometry Systems Market Outlook, By Modality Type (2021-2030) ($MN)
- Table 38 Europe Anorectal Manometry Systems Market Outlook, By Stand-Alone Systems (2021-2030) ($MN)
- Table 39 Europe Anorectal Manometry Systems Market Outlook, By Portable Systems (2021-2030) ($MN)
- Table 40 Europe Anorectal Manometry Systems Market Outlook, By Other Modality Types (2021-2030) ($MN)
- Table 41 Europe Anorectal Manometry Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 42 Europe Anorectal Manometry Systems Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 43 Europe Anorectal Manometry Systems Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
- Table 44 Europe Anorectal Manometry Systems Market Outlook, By Specialty Clinics (2021-2030) ($MN)
- Table 45 Europe Anorectal Manometry Systems Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 46 Asia Pacific Anorectal Manometry Systems Market Outlook, By Country (2021-2030) ($MN)
- Table 47 Asia Pacific Anorectal Manometry Systems Market Outlook, By Product Type (2021-2030) ($MN)
- Table 48 Asia Pacific Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems (2021-2030) ($MN)
- Table 49 Asia Pacific Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems Software (2021-2030) ($MN)
- Table 50 Asia Pacific Anorectal Manometry Systems Market Outlook, By System Sheath and Catheters (2021-2030) ($MN)
- Table 51 Asia Pacific Anorectal Manometry Systems Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 52 Asia Pacific Anorectal Manometry Systems Market Outlook, By Modality Type (2021-2030) ($MN)
- Table 53 Asia Pacific Anorectal Manometry Systems Market Outlook, By Stand-Alone Systems (2021-2030) ($MN)
- Table 54 Asia Pacific Anorectal Manometry Systems Market Outlook, By Portable Systems (2021-2030) ($MN)
- Table 55 Asia Pacific Anorectal Manometry Systems Market Outlook, By Other Modality Types (2021-2030) ($MN)
- Table 56 Asia Pacific Anorectal Manometry Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 57 Asia Pacific Anorectal Manometry Systems Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 58 Asia Pacific Anorectal Manometry Systems Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
- Table 59 Asia Pacific Anorectal Manometry Systems Market Outlook, By Specialty Clinics (2021-2030) ($MN)
- Table 60 Asia Pacific Anorectal Manometry Systems Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 61 South America Anorectal Manometry Systems Market Outlook, By Country (2021-2030) ($MN)
- Table 62 South America Anorectal Manometry Systems Market Outlook, By Product Type (2021-2030) ($MN)
- Table 63 South America Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems (2021-2030) ($MN)
- Table 64 South America Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems Software (2021-2030) ($MN)
- Table 65 South America Anorectal Manometry Systems Market Outlook, By System Sheath and Catheters (2021-2030) ($MN)
- Table 66 South America Anorectal Manometry Systems Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 67 South America Anorectal Manometry Systems Market Outlook, By Modality Type (2021-2030) ($MN)
- Table 68 South America Anorectal Manometry Systems Market Outlook, By Stand-Alone Systems (2021-2030) ($MN)
- Table 69 South America Anorectal Manometry Systems Market Outlook, By Portable Systems (2021-2030) ($MN)
- Table 70 South America Anorectal Manometry Systems Market Outlook, By Other Modality Types (2021-2030) ($MN)
- Table 71 South America Anorectal Manometry Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 72 South America Anorectal Manometry Systems Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 73 South America Anorectal Manometry Systems Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
- Table 74 South America Anorectal Manometry Systems Market Outlook, By Specialty Clinics (2021-2030) ($MN)
- Table 75 South America Anorectal Manometry Systems Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 76 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Country (2021-2030) ($MN)
- Table 77 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Product Type (2021-2030) ($MN)
- Table 78 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems (2021-2030) ($MN)
- Table 79 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Anorectal Manometry Systems Software (2021-2030) ($MN)
- Table 80 Middle East & Africa Anorectal Manometry Systems Market Outlook, By System Sheath and Catheters (2021-2030) ($MN)
- Table 81 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 82 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Modality Type (2021-2030) ($MN)
- Table 83 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Stand-Alone Systems (2021-2030) ($MN)
- Table 84 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Portable Systems (2021-2030) ($MN)
- Table 85 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Other Modality Types (2021-2030) ($MN)
- Table 86 Middle East & Africa Anorectal Manometry Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 87 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Hospitals (2021-2030) ($MN)
- Table 88 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Diagnostic Centers (2021-2030) ($MN)
- Table 89 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Specialty Clinics (2021-2030) ($MN)
- Table 90 Middle East & Africa Anorectal Manometry Systems Market Outlook, By Other End Users (2021-2030) ($MN)
