Duplex ultrasound is fastest growing segment fueling the growth of Blood Flow Measurement Devices Market

 

Blood flow measurement devices are medical devices used to determine the volume of blood flowing through the circulatory system. These devices provide key information about the circulatory and cardiovascular health status of a person. Different types of blood flow measurement devices available in the market include Doppler ultrasound devices, laser Doppler devices, and electromagnetic blood flowmeters.

The global Blood Flow Measurement Devices Market is estimated to be valued at US$ 639.5 million in 2023 and is expected to exhibit a CAGR of 8.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
One of the key trends in the blood flow measurement devices market is the rising adoption of duplex ultrasound systems for blood flow measurement. Duplex ultrasound utilizes both pulsed-wave Doppler ultrasound and gray scale imaging to visualize blood vessels and calculate blood flow velocity and volume. It offers non-invasive quantification of hemodynamics with real-time imaging of vasculature. Duplex ultrasound has emerged as a popular choice for assessing blood flow due to its advantages such as portability, lack of ionizing radiation, real-time imaging, and versatility for examining both arterial and venous flow.

Segment Analysis
The global blood flow measurement devices market is dominated by the doppler ultrasound sub-segment. Doppler ultrasound devices account for over 50% share of the overall blood flow measurement devices market owing to their non-invasive nature. Doppler ultrasound devices are preferred for measuring blood flow in peripheral arteries and veins. Other segments include laser Doppler devices, ultrasound devices, and others. Laser Doppler devices hold around 25% share due to their ability to provide accurate blood flow readings at a microscopic level.

Key Takeaways
The global blood flow measurement devices market is expected to witness high growth, exhibiting CAGR of 8.8% over the forecast period, due to increasing prevalence of cardiovascular diseases.

Regional analysis
North America dominates the global blood flow measurement devices market with over 40% share majorly due to high awareness regarding diseases related to blood flow and presence of key players. Europe holds the second largest share due to supportive reimbursement policies and government initiatives to curb cardiovascular diseases in the region. Asia Pacific exhibits the fastest growth rate owing to growing healthcare infrastructure, rising medical tourism, and increasing geriatric population in countries like China and India.

Key players
Key players operating in the blood flow measurement devices market are 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. Arjo, Cook Medical, and Transonic Systems hold majority market share due to their diverse product portfolios and global presence.

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