The global blood flow measurement devices market is forecasted to rise at a CAGR of 9.45% during forecast period. Blood flow measurement devices are generally used for diagnosing various kinds of clinical vascular conditions like peripheral vascular diseases, micro and macro vascular complications etc. These devices are also helpful in wide range of applications such as skin testing, burn assessment and others. The report focuses on the application of the blood flow measurement devices market in various industries and the factors leading to growth and development of the industry. Rising support of key players helps in boosting the global blood flow measurement devices market.
Rising demand of blood flow measurement devices in healthcare sector would be the key factor which drives the growth of global blood flow measurement devices market. The major reason behind the growth of this market is wide usage of blood flow measurement devices in clinical applications varying from diabetes, gastroenterology to peripheral vascular disease etc. The blood flow measurement devices market is forecasted to grow at higher rate in future due to rapid growth and rising concerns of people regarding health across the world. Another major factor which drives this global blood flow measurement devices market is the rising demand for minimal invasive surgeries across the world that helps in boosting this market. Wide usage of blood flow measurement devices in various applications is another factor which helps in fueling this global blood flow measurement devices market. The other major factor which helps in boosting this market is the key players investing huge amounts in research and development for developing and maintaining technological advancements in blood flow measurement devices across the world. The major reason behind it is the growing number of patients suffering from chronic diseases like cardiovascular disease, diabetes etc. that drives the global blood flow measurement devices market. In region, Asia Pacific is forecasted to be the fastest growing region in next 6 to 7 years due to rising healthcare infrastructure market across the globe. Although there are many factors which drive this market, but still there are various restraints which are faced by the market such as high cost price of devices and stringent rules and regulations for market players and many more which hamper the growth of the market. There are also some challenges which are faced by global blood flow measurement devices market such as the lack of technical expertise and skilled professionals etc.
Source: OBRC Analysis
The global blood flow measurement devices market segments includes products and application. Products is further sub-segmented into:
- Ultrasound
- Laser doppler
Application segment of global blood flow measurement devices market is further segmented into:
- Non-Invasive Applications
- Invasive Applications
The report scope is widely categorized on the basis of its products which include ultrasound and laser Doppler.
Geographically, the global blood flow measurement devices market has been segmented on the basis of four major region, which include:
- North America (U.S. & Canada)
- Asia Pacific (China, India, Japan, RoAPAC)
- Europe (UK, France, Germany, RoE)
- Rest of World
Geographically, North America is the leading market in blood flow measurement devices due to promising growth of healthcare industry in the region. North America region holds the largest market share in blood flow measurement devices market due to increase in circulatory disorders and increasing awareness regarding health among people etc. However, Asia Pacific is expected to emerge as the fastest growing market region owing to the rising diabetic and geriatric population along with high prevalence rate of peripheral arterial diseases in developing countries like China, India etc. However, stringent regulatory approvals act as hindrance in the growth of the global market in the Asia Pacific region.
Global blood flow measurement devices market report covers segmentation analysis of products and applications. Report further covers segments of products which include ultrasound and laser Doppler. Among all products, ultrasound segment dominates the blood flow measurement device market and is expected to grow significantly in the forecast period. This is due to the increasing innovations in technology and rising number of clinical applications across the world. On the basis of applications, the market is segmented into invasive and non-invasive applications Invasive application including microvascular surgery, coronary arterial bypass graft (CABG), etc. is the leading application segment due to increasing number of CABG surgeries globally.
The major market players of the global blood flow measurement devices market are:
- ARJOHUNTLEIGH, INC.
- ATYS MEDICAL
- BIOMEDIX INC.
- CARDINAL HEALTH INC.
- OTHERS
These companies using various strategies such as merger & acquisition, collaboration, partnership and product launch. Whereas, acquisition is the key strategy adopted by the companies in the blood flow measurement devices market.
For example, On 26 January 2015, the Medtronic had acquired the Covidien, under the terms of acquisition agreement both the companies are merged in the Medtronic PLC. The major reason behind it was to maintain its position in the market and to restore health and extend life for patients across the globe.
The report covers detailed analysis of companies which comprises overview, SCOT analysis, product portfolio, strategic initiative, strategic analysis, competitive landscape and market share analysis in blood flow measurement devices market.
Key reason to buy the report:
- The report includes market estimation, forecast and analysis for the year 2016-2023
- Report includes detailed analysis of different segments such as products and applications of blood flow measurement devices.
- Identify and understand the strength, opportunities, challenges and threat of the blood flow measurement devices market.
- Covers details analysis of Porters 5 force model and other strategic models and also covers revenues, market share analysis, and competitive landscape analysis of major players of blood flow measurement devices market.
- Detailed analysis of various the regulatory policies which are affecting the global blood flow measurement devices market.
How we are different from others:
At Occam’s we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global blood flow measurement devices market offers detailed analysis of strategic models such as investment vs. adoption model, see saw analysis and others strategic models. Also, the report contains the detailed analysis of application, adoption scenario and decision support for each segment. The report discusses competitive landscape of the blood flow measurement devices market, with giving extensive SCOT analysis of key companies.
Key findings of the global blood flow measurement devices market.
- Rising demand of blood flow measurement devices in healthcare sector would be the key factor which drives the growth of global blood flow measurement devices market.
- North America region holds the largest market share in blood flow measurement devices market.
- Ultrasound segment dominates the blood flow measurement device market and is expected to grow significantly in the forecast period.
- Acquisition is the key strategy adopted by the companies in the blood flow measurement devices market.
