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