The increasing prevalence of peripheral vascular disorders and rising geriatric base are expected to fuel the blood flow measurement devices market. The rate of blood flowing or the amount of blood through a cross-section of blood vessels per unit of time is used for the diagnosis of diseases and disorders. Clinical conditions including arterial occlusions, micro, and macro diabetes complications, and other peripheral vascular conditions are diagnosed using blood flow measurement devices. These devices have clinical applications in a broad range of procedures which includes Intra cranial monitoring, peripheral vascular diseases, gastroenterology, tumor monitoring, dermatology, and diabetes. Among all these, blood flow measurement devices find the highest application in vascular diseases. The growth for this segment is due to obesity coupled with growing chances of cardiovascular disorders and rising demand for minimally invasive procedures.
Blood flow measurement devices are divided into ultrasonic Doppler blood flow meters, laser Doppler blood flow meters, and electromagnetic blood flow meters on the basis of products. Ultrasonic Doppler blood flow meters dominate this market and are expected to grow steadily in the forecast period. The ultrasonic Doppler blood flow meters are sub-segmented into digital Doppler, bilateral Doppler, and multi-range Doppler technology. On the basis of the application, the market is divided into devices used during surgery, intensive care, and post-op. This blood flow measurement device market is also segmented by the form of the devices in handheld or portable devices and tabletop or systems. The market for handheld or portable devices is presumed to boom in the next six years owing to the ease of use.
Regionally, the blood flow measurement devices market is divided into North America, Europe, Asia-Pacific, and RoW. Growth in Asia Pacific is expected to be fast owing to the demand for advanced technologies and increasing cases of cardiovascular diseases and diabetes. North America is leading this market regionally followed by Europe owing to the established healthcare infrastructure and use of the latest equipment with updated technologies.
Key players of this blood flow measurement devices market include Ace Medicals, AKW Medicals Inc, Biomedix Inc, Carolina Medical Inc, Deltex Medical Ltd, D E Hokanson Inc, Compumedics Ltd, Cook Medical, Arjohuntleigh, Moor Instruments, Elcat GmBH, Flowtronics Inc and Medtronics.
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With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act as a vital treatment preference for the COVID-19 patients, who may require critical care. Moreover, there is an urgent need for a rapid acceleration in the manufacturing process for a wide range of test-kits (antibody tests, self-administered, and others). The report will account for Covid19 as a key market contributor.
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