Global Blood Flow Measurement Devices Market by Products (Ultrasonic Doppler Blood Flow Meters, Laser Doppler Blood Flow Meters, Electromagnetic Blood Flow Meters) by Application (Gastroenterology, Diabetes, Dermatology, Peripheral Vascular Diseases, Tumor Monitoring & Angiogenesis) by Geography Forecast 2017-2025 )
Key Findings The “Blood Flow Measuring Device Market” size is expected to expand to $879 million by 2025 from $375 million in 2016 at a CAGR of 10.14% between 2017 and 2025. The base year considered for the blood flow measuring device market report is 2016 and the forecast period is from 2017 to 2025. The increase in the population of elderly patients and rise in the frequency of cardiovascular diseases are the main factors driving the global blood flow measuring device market.
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Market Insights The global blood flow measurement device market is segmented by products and by the application. The segmentation on the basis of products is global ultrasonic Doppler blood flow meters market, global laser Doppler blood flow meters market and global electromagnetic Doppler blood flow meters market. The segmentation on the basis of the application is global gastroenterology market, global diabetes market, global dermatology market, global peripheral vascular diseases market, global intracranial monitoring in stroke and brain injury market and global tumor monitoring and angiogenesis market. The entry of new companies in the market and substitute products and services acts as a major threat to the blood flow measuring device market.
The rise in the incidence of cardiovascular diseases, the increase in the population of elderly patients and global adoption of minimally invasive surgeries (MIS) are the main factors for the growth of the market. The factors preventing the growth of the market are expensive devices and unfavorable rules and regulations. Lack of technical expertise is a challenge faced by the leading players of the blood flow measuring device market.
Regional Insights The blood flow measuring device market in North America is expected to hold a massive share by 2025. The major factors driving the explosion is an increase in circulatory disorders, promising growth of healthcare industry and raising awareness in regard to health among the population. The growing occurrence of chronic diseases in the region has also added to a great extent to the growth of the blood flow measurement devices market. Apart from the U.S. and Canada, China and India are expected to be the developing markets for the blood flow measuring device. The mentioned countries are projected to adopt most of the technological developments, compared to other geographical regions.
Competitive Insights Major players in the blood flow measuring device market are, Biomedix, Arjohuntleigh Inc, Cardinal Health Inc, GF Health Products Inc compumedics Ltd, Deltex Medical, Eclat GmbH, Medistim ASA, Medtronics, Moor Instruments Ltd, , Perimed AB, Transonic Systems Inc, and Viasys Healthcare, ATYS Medical, Cood Medical Inc,