At 7.8% CAGR, Blood Flow Measurement Devices Market will reach USD 554.3 million ,Globally by 2021
According to the report, published by Zion Market Research, global demand for the blood flow measurement devices market was valued at around USD 354.2million in 2015 and is expected to generate revenue of around USD 554.3 million by end of 2021, growing at a CAGR of around 7.8% between 2016 and 2021.
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Blood flow measurement devices are typically used for measurement of blood flow. This rate is calculated based on the amount of blood passing through a cross section of a blood vessel per unit time. It is used to obtainvascular assessment data by the blood flow measurement devices which help physicians to maintain the equilibrium between demand and supply of tissue oxygen of patients.Blood flow measurement devices play a very vital role in detection of number of clinical vascular conditions such as peripheral vascular diseases such as diabetic macroandmicro vascular complications and arterial occlusion.Some of the different types of blood flow measurement devices include laser doppler blood flowmeters, electromagnetic blood flowmeters and ultrasonic doppler blood flowmeters.
Global blood flow measurement devices market is primarily driven by rising number of target disease such as peripheral artery diseases, diabetes, etc. across the globe. Other major driving factors aregrowing geriatric population coupled along with increasing demand for non-invasive surgeries and technologically advanced devices. However, high price of these devices and stringent regulatory policies are the major restraints that may limit the growth of the market. Nonethelessincreasing clinical applications coupled along with emerging markets across the globearelikely to disclose the new avenues for blood flow measurement devices market in the near future.
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The blood flow measurement devices market is segmented on the basis of different products including laser doppler blood flowmeters, electromagnetic blood flowmeters, and ultrasonic doppler blood flowmeters. In 2015, ultrasonic doppler blood flow meters was the largest segment in blood flow measurement devices market and accounted for largest share of the total market. Additionally, it is expected to continue its dominance in global market over the forecast period.
Diabetes, peripheral vascular diseases, dermatology, gastroenterology, tumor monitoring and others are the key application of the global blood flow measurement devices market. The peripheral vascular diseasesegment dominated the market in terms of revenue and is expected to show moderategrowth within the forecast period.
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North America, Europe, Asia-Pacific, Latin America and Middle East & Africa are key regional segments of global blood flow measurement devices market. North America is anticipated to remain the leading region over the forecast period in 2015. Demand for blood flow measurement devices was highest in Asia-Pacific. Hence, Asia Pacific is expected to be the fastest growing region in blood flow measurement devices market during the forecast period. Moreover, Middle East and Africa and Latin America are also expected to show moderate growth for this market in the years to come.
Some of the key players in the blood flow measurement devices market include Cook Medical Inc., Atys Medical, Deltex Medical, ArjoHuntleigh Inc.,Elcat GmBH, Compumedics Ltd.,Moor Instruments Ltd., GF Health Products, Inc., and Transonic Systems Inc.,.Medistim ASA, and Perimed AB among others.
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This report segments the global blood flow measurement devices market as follows:
Global Blood Flow Measurement DevicesMarket: Product Segment Analysis
- Laser Doppler Blood Flowmeters
- Electromagnetic Blood Flowmeters
- Ultrasonic Doppler Blood Flowmeters
Global Blood Flow Measurement DevicesMarket: Application Segment Analysis
- Peripheral Vascular Diseases
- Tumor Monitoring
Global Blood Flow Measurement Devices Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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