Published: Sep, 2018
According to a new market report pertaining to the ultrasonic air in line sensor market, published by Transparency Market Research, the global ultrasonic air in line sensor market is expected to reach US$ 106.7 Mn by 2026, expanding at a CAGR of 5.8% from 2018 to 2026. North America is expected to lead consistently during the forecast period, with the market in the region expanding at a CAGR of 6.0% through 2026.
Superior features of ultrasonic air in line sensors over other air bubble sensors driving the global market
Factors such as air content, pressure, and flow rate need to be continuously monitored in lines leading into or out of the patient’s body. Ultrasonic air in line (AIL) sensors provides non-invasive detection of air bubbles and flow rate measurements of fluids. Furthermore, they are unaffected by optical, dielectric, or physical properties of the tubing or fluid unlike optical and capacitive air in line sensors. Thus, superior features of ultrasonic air in line sensors over other air bubble sensors is an important factor anticipated to facilitate the market growth throughout the forecast period.
Ultrasonic Air in Line Sensor Market: Scope of the Report
The global ultrasonic air in line sensor market is broadly segmented by sensor type, application, and end-user. By sensor type, standalone chip-level integration held the highest market share in 2017 and is further expected to maintain its dominance throughout the forecast period. In standalone chip-level integration, the detection circuitry is integrated in the sensor itself. It is used where space is limited due to its compact design and integrated electronics. Increasing developments in patient portable devices is the prime factor responsible for the high share of standalone chip-level integration sensor type. Large global volume of neonatal, anesthesia, and epidural devices that administer intravenous medications and solutions utilize air in line sensors. Therefore, pumps for medical technology accounted for the largest market share in terms of application. Based on end-user, hospitals and home care settings are collectively expected to comprise approximately 83% of the global ultrasonic air in line sensor market by 2026, in terms of revenue.
North America dominated the ultrasonic air in line sensor market in 2017 with the U.S. contributing majority share of revenue. The dominance of the region is attributed to focused research and development activities and presence of large number of sensor manufacturers. Europe and Asia Pacific collectively represented ~48% revenue share in 2017 with France and China representing largest revenue share in the respective regions. Amongst all regions, the market in Europe is expected to expand at the highest CAGR of 6.2% and 6.8% by revenue and volume respectively during the forecast period.
Global Ultrasonic Air in Line Sensor Market: Competitive Dynamics
The research study includes profiles of leading companies operating in the global ultrasonic air in line sensor market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players in the ultrasonic air in line sensor market includes Biosonix Ltd, Sensaras LLC, TE Connectivity Ltd, SONOTEC Ultraschallsensorik Halle GmbH, Siansonic Technology Co., Ltd., ClearLine MD, Piezo Technologies, Moog, Inc., Introtek International, L.P., CeramTec GmbH, and Strain Measurement Devices, Inc.
Ultrasonic Air in Line Sensor Market, by Type
- Prototype Configuration
- Standalone Chip Level Integration
Ultrasonic Air in Line Sensor Market, by Application
- Dialysis & Transfusions
- Heart-Lung Machines
- Blood Separators
- Pumps for Medical Technology
- Diagnostic Systems & Other Devices
Ultrasonic Air in Line Sensor Market, by End-user
- Hospitals & Home Care Settings
- Academic & Research Institutes
In addition, the report provides analysis of the ultrasonic air in line sensor market with respect to the following geographic segments:
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East &Africa (MEA)
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada