Blood Flow Measurement Devices Market to Surpass US$ 1,253.9 Mn by 2030 - Coherent Market Insights

Global Blood Flow Measurement Devices Market, by Product Type (Ultrasonic Doppler Blood Flowmeters, Laser Doppler Blood Flowmeters and Electromagnetic Blood Flowmeters), by Application (Gastroenterology, Diabetes, Dermatology, Cardiovascular Disease, Intra-cranial Monitoring in Stroke and Brain Injury and Others), by End User (Hospitals, Clinics and Specialty Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 639.5 Million in 2022 and is expected to exhibit a CAGR of 8.8 % during the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.

The increasing adoption of inorganic growth strategies such as partnerships and acquisitions by the key players in the market is expected to drive the market growth over the forecast period. For instance, in June 2018, Arjo, which is a market-leading supplier of medical devices and solutions, signed an agreement to acquire ReNu Medical Inc., which is a privately owned U.S. company specializing in green reprocessing for single use non-invasive medical devices. The acquisition will give Arjo’s, opportunities for launching products in markets outside the US.

Global Blood Flow Measurement Devices Market– Impact of Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic and lockdowns in various countries across the globe have impacted the financial status of businesses across all sectors, including the private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry, mainly due to strict lockdown in several regions. Private healthcare is one such sector that has been impacted significantly by the COVID-19 pandemic.

However, Covid 19 has positive impact on global blood flow measurement device market, as there were increase in number of cardiovascular diseases. Millions of people who survive the coronavirus disease 2019 (COVID-19) infection around the world could suffer negative effects on their cardiovascular health. The etiologic agent of COVID-19, severe acute respiratory syndrome-coronavirus type 2 (SARS-CoV-2), can infect the heart, vascular tissues, and circulating cells via ACE2, the host cell receptor for the viral spike protein. A typical extrapulmonary COVID-19 symptom with possible long-term effects is acute cardiac damage. This update reviews the clinical signs of cardiovascular involvement, putative direct SARS-CoV-2 and indirect immune response pathways affecting the cardiovascular system, and therapeutic considerations for individuals who have recovered from acute COVID-19 infection.

Global Blood Flow Measurement Devices Market: Key Developments

In March 2021, GE Healthcare, which is s a manufacturer and distributor of diagnostic imaging agents and radiopharmaceuticals for imaging modalities used in medical imaging procedures launched a new wireless hand-held ultrasound device, the Vscan Air, which enables ultrasound imaging guidance, visualization and measurement of anatomical structures and fluid, for sale in the U.S. and Europe.

In August 2021, Trivitron, which is medical devices company and medical equipment suppliers for the healthcare industry, launched SonoRad V60 Ultrasound with modern intelligent system. The device is equipped with innovative color flow technology that improves blood flow visualization and offers 3D-like flow impression.

Browse 35 Market Data Tables and 30 Figures spread through 160 Pages and in-depth TOC on “Global Blood Flow Measurement Devices Market”-  Forecast to 2030, Global Blood Flow Measurement Devices Market, by Product Type (Ultrasonic Doppler Blood Flowmeters, Laser Doppler Blood Flowmeters and Electromagnetic Blood Flowmeters), by Application (Gastroenterology, Diabetes, Dermatology, Cardiovascular Disease, Intra-cranial Monitoring in Stroke and Brain Injury and Others), by End User (Hospitals, Clinics and Specialty Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

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https://www.coherentmarketinsights.com/market-insight/blood-flow-measurement-devices-market-183

Moreover, research and development (R&D) of new devices is also expected to aid in growth of the global flow measurement devices market. For instance, 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.

Key Takeaways of the Global Blood Flow Measurement Devices Market:

• The global blood Flow measurement devices market is expected to exhibit a CAGR of 8.8% during the forecast period due to the increasing geriatric population. For instance, according to data published in April 2021 on Canada.ca, which is official website of the Government of Canada stated that, over 861,000 people aged 85 and older were counted in the Canada 2021 Census.
• Among product type, ultrasonic doppler blood flowmeters segment is estimated to hold a dominant position in the global blood flow measurement devices market over the forecast period, owing to the increased product launch by the key players. For instance, in May 2020, Fuji Electric, which is a Japanese electrical equipment company that manufactures pressure transmitters, flowmeters, gas analyzers, controllers, inverters, pumps, generators, ICs, motors, and power equipment, launched clamp-on type ultrasonic flow meter. These meters are used to analyze volumetric flow by measuring the velocity of a liquid through ultrasound.
• On the basis of end user, Hospital segment is estimated to account for the largest market share in the global blood flow measurement devices market over the forecast period, owing to increasing number of hospitals. For instance, according to data published in January 2022, on Organ Procurement and Transplantation Network (OPTN) which is an official U.S. government website, stated that in 2021, 3,817 heart transplants were performed in the U.S.
• Major players operating in the global blood flow measurement devices market include 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.