Published: May, 2015
A recent publication by Transparency Research Market (TMR) based on the global blood flow measurement devices market states that the rising base of geriatric population across the globe is fueling the market for blood flow measurement devices.According to the study, the global blood flow measurement devices market stood at US$0.27 billion in 2012. It is estimated that the global market will expand at a CAGR of 8.7% during the period from 2013 to 2019 in order to reach US$0.50 billion by 2019.The report, titled “Blood Flow Measurement Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, analyses the prevalent trends as well as the growth drivers and challenges in the global market for blood flow measurement devices.
Browse the full Blood Flow Measurement Devices (Ultrasonic Doppler, Laser Doppler and Electromagnetic Blood Flowmeters) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at https://www.transparencymarketresearch.com/blood-flow-measurement-devices.html
The increasing prevalence of peripheral vascular diseases together with the rising demand for technically advanced non-invasive devices is the key driving force behind the development of the global blood flow measurement devices industry. The strict regulatory compliance required for market participants together with the implementation of the Patient Protection and Affordable Healthcare Act, 2010, also known as ObamaCare, in the U.S. and high rates of devices is impacting the market negatively. Nonetheless, the increase in the clinical applications of blood flow measurement devices is expected to stimulate the global market in the foreseeable future, states the report.The peripheral vascular disease market was the leading segment accounting 27.8% of the overall market share. This market segment is projected to expand at the highest CAGR of 11.3% between 2013 and 2019. The market for gastroenterology, dermatology, diabetes, tumor monitoring and angiogenesis, and intracranial monitoring in stroke and brain injury are the other application based segments of this market.
In 2012, the market for ultrasonic doppler blood flowmeters held the highest market share of around 52% in the overall blood flow measurement devices market based on the products. The market is expected to develop at a 10.7% CAGR during the forecast period. Other product based segments of this industry are electromagnetic blood flowmeters market and laser doppler blood flowmeters market.The market for blood flow measurement devices in North America dominates the global industry. High awareness about healthcare is a major factor behind the dominance of this region. In 2012, the blood flow measurement devices market in North America captured 41.80% share of the overall market, while the market in Europe held 27.75% for the same time period. The Asia Pacific blood flow measurement devices market accounted for 23.50% in 2012, whereas the Rest of the World market occupied 6.95% of the global market, as stated by the publication.
ArjoHuntleigh, Inc., Compumedics Ltd., Atys Medical, Cook Medical Inc., GF Health Products, Inc., Deltex Medical, Medistim ASA, Perimed AB, Moor Instruments Ltd., and Transonic Systems, Inc. are the major companies operating in the global blood flow measurement devices market discussed in this report.
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