Global Blood Flow Measurement Market Size By Application (Invasive Applications, Non Invasive Applications), By Product (Laser Doppler, Ultrasound), By Geographic Scope And Forecast
Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Blood Flow Measurement Market Size By Application (Invasive Applications, Non Invasive Applications), By Product (Laser Doppler, Ultrasound), By Geographic Scope And Forecast
Blood Flow Measurement Market Size And Forecast
Blood Flow Measurement Market size was valued at USD 661.94 Million in 2024 and is projected to reach USD 1332.56 Million by 2031, growing at a CAGR of 9.14% from 2024 to 2031.
The increasing geriatric population, technological advancements in this segment, and the rising prevalence of diabetes & cardiovascular diseases are expected to drive the Blood Flow Measurement Market over the predicted years. The Global Blood Flow Measurement Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Blood Flow Measurement Market Definition
Blood flow rate is a crucial health factor that is to be measured before a wide number of medical tests and surgeries. Also, in the geriatric population, it is a part of regular checkups. The Measurement devices need to be efficient and at par with the medical service being provided. The increasing market value is because of increased investments in Healthcare and the prevalence of cardiovascular diseases.
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Global Blood Flow Measurement Market Overview
The increasing geriatric population and rising prevalence of diabetes & cardiovascular diseases are expected to drive the Blood Flow Measurement Market over the predicted years. Also, technological advancements in this segment and the growing demand for non-invasive surgeries expects a boost to the market in the coming years. Additionally, the prevalence of hypertension and rising clinical applications are predicted to fuel the market during the forecasted period.There are certain restraints and challenges faced which can hinder the market growth. Factors such as stringent regulatory policies and the higher cost of these devices are likely to act as market restraints.
Global Blood Flow Measurement MarketSegmentation Analysis
The Global Blood Flow Management Market is Segmented on the Basis of Application, Product, And Geography.
Blood Flow Measurement Market, By Application
• Invasive Applicationso CABGo Microvascular Surgeryo Other Invasive Applications• Non Invasive Applicationso Cardiovascular Diseaseo Diabeteso Gastroenterologyo Tumor Monitoringo Other Non-Invasive Applications
Based on the Application, the market is bifurcated into Invasive Applications and Non Invasive Applications. In Invasive applications, CABG is predicted to have the largest market share owing to a large number of CABG surgeries performed worldwide while in Non Invasive Applications cardiovascular disease is expected to hold the largest market share. The factors can be attributed to the increasing preference for non-invasive surgeries.
Blood Flow Measurement Market, By Product
• Laser Doppler• Ultrasound• Ultrasound Doppler• Transit-Time Flow Meters
Based on the Product, the market is bifurcated into Laser Doppler and Ultrasound. The ultrasound segment is predicted to hold the most significant CAGR in the forecasted period due to its improved objectivity and accuracy.
Blood Flow Measurement Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, the Global Blood Flow Measurement Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by North America owing to the rise in the number of organ transplants, the prevalence of cardiovascular diseases, and increased funding in this region.
Key Players
The “Global Blood Flow Measurement Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Medistim ASA, Cook Medical, Inc., Getinge Group, Deltex Medical Group PLC, Transonic Systems, Inc., Compumedics Limited, Adinstruments, Sonotec Ultraschallsensorik Halle GmbH, Biopac Systems Inc., Moor Instruments Ltd., ATYS Medical And Perimed AB.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Key Developments
Partnerships, Collaboration and Agreements
• In January 2021, Medistim announces that they have signed a Distributor Agreement with LivaNova for distribution of Medistim products in India.
• In July 2020, Infineon Technologies has announced that its Silicon Valley Innovation Center (SVIC) has entered a new agreement with Blumio to co-develop a wearable, non-invasive blood pressure sensor based on Infineon’s XENSIV™ radar chipset by 2021.
Acquisition & Mergers
• In March 2021, Cardiovascular Systems, Inc. (CSI®) (NASDAQCSII) announced today that it has acquired a line of peripheral support catheters from WavePoint Medical, LLC.
Product launch and Product Expansion
• In March 2021, Perflow Medical, a private, Israeli-based innovator of solutions for neurovascular treatment, today announced it has launched to the European market the Cascade 17 Non-Occlusive Remodeling Net. Expanding the Cascade product family, the Cascade 17 optimizes non-occlusive support of distal and tortuous vessel anatomy during coil embolization of intracranial aneurysms of smaller vessels
• In June 2018, Apple has patented a design for a wearable blood pressure monitor — a cuff, equipped with a sensor that is expected to be Bluetooth compatible and sport a touchscreen.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Medistim ASA, Cook Medical, Inc., Getinge Group, Deltex Medical Group PLC, Transonic Systems, Inc., Compumedics Limited, Adinstruments. |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
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