
Blood Flow Measurement Devices Market (Forecast Period 2021-2028): The report provides a valuable source of insightful data for business strategists and competitive analysis of Blood Flow Measurement Devices Market. The study covers important knowledge that makes the analysis document a handy resource for managers, analysts, business consultants and different key individuals get ready-to-access and self-analyzed study in conjunction with graphs and tables to assist perceive market trends, drivers and market challenges.It also highlights the restraints and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the market’s growth throughout the above mentioned forecast period in terms of revenue(in US$ Mn) and Volume (Thousand Units), across different geographies.
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Major Players In This Market Are: Arjo, Atys Medical, Compumedics Ltd., Cook Medical Inc., Deltex Medical Ltd., GF Health Products, Inc., Medistim ASA, Moor Instruments Ltd., Perimed AB, Transonic Systems, Inc., Medtronics, Biomedix Inc, AKW Medicals Inc., D E Hokanson Inc., Elcat GmBH, Flowtronics Inc., Ace Medicals, Carolina Medical Plc, and Compumedics Ltd.
Blood flow measurement devices are one of the most essential equipment in the healthcare sector, which are used for diagnostic and research segment. These devices assist physicians to comprehend the nature of the blood flow such as the amount of blood supplied to the various vital organs and uncharacteristic changes in the blood flow velocity, which can cause malformation of vessels. There are some fixed blood flow volumes in the body that varies according to the vitality and requirement of the organ. Some values of blood flow are 100-250 cm/s in aorta, the abdominal part comprises requires 100 cm/s of blood flow, and vena cava needs a steady blood flow of around 5-10 cm/sec. Blood acts as a food and nutrient carrier for various organs and an adequate amount of blood supply is important for their proper functioning.
Furthermore, various chronic disorders and disease such as hypertension and diabetes can cause variation in supply of blood to the organs, which if left untreated can lead to organ failure. Hence, in such cases measurement of blood flow has become crucial for the precise diagnosis. Changes in blood flow may occur in the initial stage of any disease or abnormality. An instant, reliable, and noninvasive technique for blood flow measurement would allow for early diagnosis and effective treatment of the disease. Increasing incidence of chronic diseases and rising demand for effective and early diagnosis of such disease would fuel growth of the blood flow measurement devices market in the near future.
Global Blood Flow Measurement Devices Market Taxonomy:
By Device Type
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Ultrasonic Doppler blood flow meters
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Laser Doppler blood flow meters
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Electromagnetic blood flow meters
By Application Type
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Diabetes
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Cardiac Disorder
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Invasive
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Reconstructive Surgery
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Organ Transplantation
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Intensive care
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Post-operative Condition
By Modality
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Hand Held
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Portable devices
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Table Top
Market Dynamics- Drivers
Increase in prevalence of vascular diseases is expected to support growth of the global blood flow measuring devices market:
Growing prevalence of various vascular disease along with rapidly geriatric population worldwide is expected to propel growth of the global blood flow measurement devices market during the forecast period. Furthermore, clinical conditions such as severe diabetes, arterial occlusions, and cardiac disorders can also be diagnosed using blood flow measuring devices. Among all the abnormalities and disorders, cardiovascular disorders is the largest revenue contributor. The supporting factor for the occurrence of such vascular diseases is the rise in obesity-initiated cardiovascular diseases.
Market Outlook
Among all the segments, the measurement through ultrasonic Doppler technique accounts for the largest revenue share in the market and is expected to witness significant growth rate over the forecast period. The wide range of applications such as peripheral vascular disorders, intra cranial pressure monitoring, and monitoring of various malignant and non-malignant tumors is projected to support the growth of the market in the near future.
Novel device launches and their approval is projected to favor growth of the blood flow measurement devices market
Key players in the market are focused on various growth strategies such as product approvals and launches, in order to enhance the global market presence. This is mainly attributed to its extensive product portfolio and large investment in research of blood flow measuring devices. For instance, in 2015, according to VertMarkets, Inc., company’s pipeline flex embolization device received the U.S. Food and Drug Administration (FDA) approval, which in turn is expected to enhance its market share in global blood measurement devices market over the forecast period.
Key Developments
Technological innovations and continuous research and development activities are driving demand for blood flow measurement devices. For instance, in August 2019, a team of researchers from the University of Toronto in Canada announced that they had developed a smartphone app which can measure blood pressure breathing rate, and heart rate, as well as other functions with the help of a transdermal optical imaging software that can instantly provide the user the data.
Moreover, in July 2019, researchers from Flinders University in Australia announced that they have developed micro-medical device to continuously monitor blood flow during heart surgery procedures. The team is currently seeking commercial partnerships to further develop their device.
Market players are engaged in continuous product development and launches in order to expand their product portfolio, and to strengthen their market presence. In August 2019, Abiomed, announced that the Impella CP with SmartAssist technology has been made commercially available in Europe. The device is designed to monitor blood flow and improve chances of heart recovery and survival.
In January 2019, researchers from the Stanford University published results of the biodegradable blood flow sensor developed by the team, which can measure blood flow by wrapping it around an artery during vascular surgery. The device has been successfully tested on a rat model, and the researchers hope to develop it into a wearable device for external measurements.
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In this study, the years considered to estimate the market size of Blood Flow Measurement Devices are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year 2021 to 2028
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Blood Flow Measurement Devices Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Blood Flow Measurement Devices Market are also given.
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