Blood Flow Measurement Devices Is Estimated To Witness High Growth Owing To Growing Awareness About Cerebrovascular And Cardiovascular Diseases

 

Blood Flow Measurement Devices Market

The global Blood Flow Measurement Devices Market is estimated to be valued at US$ 695.78 Mn or Million in 2023 and is expected to exhibit a CAGR of 8.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

 

Market Overview:

Blood flow measurement devices are used to non-invasively or minimally invasively measure blood flow in various arteries and veins of the human body. They help detect cardiovascular diseases by monitoring blood flow imbalances and blockages. Some key advantages of these devices include their safety, ease of use, and ability to provide real-time blood flow readings. The growing prevalence of cardiovascular diseases worldwide is boosting the demand for such measurement devices for diagnosis and treatment monitoring.

 

Market key trends:

One of the key trends in the blood flow measurement devices market is the rising popularity of wearable devices. Various companies are launching wrist-worn or watch-like blood flow measurement devices that can conveniently monitor blood flow on the go. For example, in 2022, Healthy.io launched a wrist watch capable of measuring blood flow non-invasively using digital PPG technology. Such wearable devices are gaining traction due to their continuous monitoring ability and portability. Some other major trends include the growing adoption of Doppler ultrasound devices for non-invasive measurements and increasing institutional investments in developing advanced laser Doppler and electromagnetic blood flow meters.

Segment Analysis

The global blood flow measurement devices market is segmented into Doppler ultrasound, laser doppler probes, electromagnetic blood flowmeters, and ultrasonic doppler flowmeters. The Doppler ultrasound segment currently dominates the market driven by increased adoption of non-invasive technologies for blood flow measurement and accurate results with real-time blood flow measurement capabilities. Within this segment, the portable ultrasound dopplers are witnessing high growth owing to rising healthcare expenditure and preference for home-based monitoring of blood flow.

 

Key Takeaways

The Global Blood Flow Measurement Devices Market Demand is expected to witness high growth, exhibiting a CAGR of 8.8% over the forecast period, due to increasing incidence of vascular diseases and rising focus on accurate diagnosis.

 

Regional analysis:

North America dominates the global market led by high healthcare spending in the US and Canada. Asia Pacific is estimated to be the fastest growing region on account of rising medical tourism, large patient pool and improving healthcare infrastructure in major countries like India and China.

 

Key players:

Key players operating in the blood flow measurement devices 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.

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