In healthcare sector, blood flow measurement devices play an important role under diagnostic and research segment. These devices help doctor understand the nature of the blood flow such as abnormal changes in the blood flow velocity and the amount of blood supplied to the various vital organs, which may cause malformation of vessels.
The global blood flow measurement devices market was valued at US$ 506.0 Mn in 2021 and is forecast to reach a value of US$ 1,999.8 Mn by 2028 at a CAGR of 8.9%.
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Rise in product approvals and launches is expected to drive the global blood flow measurement devices market growth. For instance, in August 2019, Abiomed announced that the Impella CP with SmartAssist technology, which is designed to improve patient outcomes with advanced algorithms and simplified patient management, will be commercially available in Europe.
High cost of blood flow measurement devices and excise tax on medical devices are major factors expected to hamper the global flow measurement devices market growth.
Increasing adoption of Internet of Things (IoT) is expected to offer significant opportunities for players in the market. For instance, in 2019, a research from the University of Toronto, Canada developed an application that can measure heart rate, blood pressure breathing rate, as well as other functions, with the help of a transdermal optical imaging software.
Increasing prevalence of peripheral vascular diseases is expected to propel the market growth. In 2019, the peripheral vascular disease segment accounted for around 32.7% share in value terms in the global blood flow measurement devices market.
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Market player are adopting various growth strategies, such as merger and acquisition, to expand their product portfolio. For instance, in July 2018, Arjo signed an agreement to acquire ReNu Medical Inc. to strengthen its offering in compression therapy, such as DVT* prevention.
Moreover, rise in research and development activities are expected to drive the global blood flow measurement devices market growth. For instance, in November 2018, Deakin University, Compumedics, and Diabetes Australia received a prestigious grant to help deliver clinical-grade, consumer-accessible blood-glucose and sleep monitoring as part of Compumedics’ unique Somfit Health Management Platform
Key players active in the global blood flow measurement devices market are Atys Medical, Arjo, Compumedics Ltd., Deltex Medical Ltd., Cook Medical Inc., GF Health Products, Inc., Moor Instruments Ltd., Medistim ASA, Perimed AB, Medtronics, Biomedix Inc, Transonic Systems, Inc., AKW Medicals Inc., Elcat GmBH, D E Hokanson Inc., Flowtronics Inc., Carolina Medical Plc, Ace Medicals, and Compumedics Ltd.
Reasons To buy The Blood Flow Measurement Devices Market Report:
➛ In-depth analysis of the market on the global and regional levels.
➛ Major changes in market dynamics and competitive landscape.
➛ Segmentation on the basis of type, application, geography, and others.
➛ Historical and future market research in terms of size, share growth, volume, and sales.
➛ Major changes and assessment in market dynamics and developments.
➛ Emerging key segments and regions
➛ Key business strategies by major market players and their key methods.
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Points cover in Global Blood Flow Measurement Devices Market Research Report:
Chapter 1: Overview of Global Blood Flow Measurement Devices Market (2022-2028)
Chapter 2: Market Competition by Players/Suppliers 2022 and 2028
- Manufacturing Cost Structure
- Manufacturing Process
- Industry Chain Structure
Chapter 3: Sales (Volume) and Revenue (Value) by Region (2022-2028)
- Revenue and market share
Chapter 4, 5 and 6: Global Blood Flow Measurement Devices Market by Type, Application & Players/Suppliers Profiles (2022-2028)
- Market Share by Type & Application
- Growth Rate by Type & Application
- Drivers and Opportunities
- Company Basic Information
Chapter 7, 8 and 9: Global Blood Flow Measurement Devices Manufacturing Cost, Sourcing & Marketing Strategy Analysis
- Key Raw Materials Analysis
- Upstream Raw Materials Sourcing
- Marketing Channel
Chapter 10 and 11: Blood Flow Measurement Devices Market Effect Factors Analysis and Market Size (Value and Volume) Forecast (2022-2028)
- Technology Progress/Risk
- Sales Volume, Revenue Forecast (by Type, Application & Region)
Chapter 12, 13, 14 and 15: Global Blood Flow Measurement Devices Market Research Findings and Conclusion, appendix and data source
- Methodology/Research Approach
- Data Source (Secondary Sources & Primary Sources)
- Market Size Estimation
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