-- Blood flow measurement devices market projected to reach USD 533.0 Million by 2021 from 343.6 Million in 2016, growing at a CAGR of 9.2% in next five years (2016 to 2021). Share of this regional segment can be attributed to factors such as growing geriatric population & prevalence of cardiovascular diseases in U.S., increased prevalence of hypertension in U.S., regulatory requirements coupled with a favorable reimbursement scenario.
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Blood flow measurement devices market is segmented into ultrasound and laser Doppler. In 2016, the ultrasound segment accounted for the largest share of the global blood flow measurement device market. Furthermore, the ultrasound market is segmented into ultrasound Doppler and transit-time flow meters (TTFM).
North America accounted for largest share of blood flow measurement devices market. Large The growth of the overall market can be contributed to the growing prevalence of cardiovascular diseases and diabetes coupled with rising geriatric population, technological advancements, and the influx of VC funding.
Stakeholders of the Blood Flow Measurement Devices Market
• Blood flow measurement device manufacturers
• Suppliers and distributors of blood flow measurement devices
• Authorities framing reimbursement policies for the use of blood flow measurement devices and disposables
• Catheterization laboratories
• Venture capitalists
• Medical research institutes
• Healthcare institutions (hospitals, academic medical centers, and outpatient clinics)
• Medical device companies
• Health insurance players
• Research and consulting firms
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Global blood flow measurement devices market is segmented on basis of product, application, and region. In 2016, North America accounted for largest share of blood flow measurement devices market, followed by Europe, Asia-Pacific, & Rest of the World (RoW).Asia-Pacific is projected to have highest growth rate in the forecast period.
Factors like growing focus of industry players in region, increasing geriatric population, and growing prevalence of non-communicable diseases are likely to propel market in Asia-Pacific region. In 2016, the ultrasound Doppler segment accounted for the largest share of the global ultrasound market and is expected to grow at the highest CAGR during the forecast period.
In-depth interviews were conducted with CEOs, Sales and Marketing Directors, other innovation and technology directors, and executives from various key organizations operating in the adaptive security market place.
• By Company Type: Tier 1: 50%, Tier 2: 42%, Tier 3: 8%
• By Designation: Director Level: 58%, C-level: 25%, Others: 17%
• By Region: North America: 46%, Europe: 31%, APAC: 15%, RoW: 8%
Key players in the blood flow measurement devices market include Transonic Systems, Inc. (U.S.), Cook Medical, Inc. (U.S.), Medistim ASA (Norway), Compumedics Ltd. (Australia), ADInstruments (Australia), Deltex Medical Group plc (U.K.), BIOPAC Systems, Inc. (U.S.), Atys Medical (France), Moor Instruments Ltd. (U.K.), Perimed AB (Sweden), and SONOTEC Ultraschallsensorik Halle GmbH (Germany).
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Research has in depth analysis of blood flow measurement market upcoming trends, R&D activities, and new product as well as analysis of biochips market by product type, application, end user, and manufacturer type across all regions.
Growth of overall blood flow measurement devices market can be contributed to growing prevalence of cardiovascular diseases and diabetes coupled with rising geriatric population, influx of VC funding, and technological advancements. However, dearth of skilled professionals is limiting growth of global blood flow measurement devices market.
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