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Blood Flow Measurement Devices Market

Global Blood Flow Measurement Devices market size was around USD 343.6 million in 2016. It is expected to grow at a CAGR of 9.2 % to reach USD 533.54 million by 2021.
Blood Flow Measurement Devices Market by Product (Ultrasound (Transit Time Flow Meter)
Global Blood Flow Measurement Devices market size was around USD 343.6 million in 2016. It
is expected to grow at a CAGR of 9.2 % to reach USD 533.54 million by 2021.
Blood flow rate or the amount of blood through cross section of blood vessel per unit time finds
usage in the diagnosis of diseases and disorders. Among the many disorders that are diagnosed
using this technique some are arterial occlusions, micro and macro diabetes complications and
other peripheral vascular conditions. Secondary applications include intra cranial monitoring,
peripheral vascular diseases, gastroenterology, tumour monitoring, dermatology and diabetes.
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Rising cases of cardiovascular diseases along with diabetic epidemic and augmenting geriatric
population, influx of VC funding and technological advancements are the factors driving the
growth of this market.
Cumbersome bureaucratic procedures and strict regulatory frameworks are the primary
restraints of the market.
The Global Blood Flow Measurement Devices market can be categorized into two categories: by
product, and by application. On the basis of product, Global Blood Flow Measurement Devices
market is classified into Ultrasound (Ultrasound Doppler, Transit-Time Flow Meters) and Laser
Doppler. By the statistical data of 2016, the ultrasound category commanded the largest global
market share. Further, the ultrasound Doppler sub-segment commanded the largest global
market share and is estimated to grow at the highest CAGR during the aforementioned forecast
period. In addition, on the basis of application the market can be categorized into Non-Invasive
Applications (Cardiovascular Disease, Diabetes, Gastroenterology, Tumour Monitoring and
Other Non-Invasive Applications) and Invasive Applications (CABG, Microvascular Surgery and
Other Invasive Application). Cardiovascular disease was the largest global market share holder
in 2016. Similarly, CABG sub-segment accounted for the largest market share as per the data of
2016. The third-largest application for blood flow measuring market is Gastroenterology.
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By geography, the Global Blood Flow Measurement Devices market has been categorized into
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Presently, North
America accounts for the largest market share closely followed by Europe while Asia Pacific has
the highest CAGR.
Compumedics Ltd. (Australia), Transonic Systems, Inc. (U.S.), Cook Medical, Inc. (U.S.), Perimed
AB (Sweden), Medistim ASA (Norway), ADInstruments (Australia), Deltex Medical Group plc
(U.K.), BIOPAC Systems, Inc. (U.S.), Atys Medical (France), SONOTEC Ultraschallsensorik Halle
GmbH (Germany), and Moor Instruments Ltd. (U.K.). are some major players operating in the
Blood Flow Measurement Devices market.
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implications of the market
Addresses the opportunities by better understanding the market through size estimates
and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level
by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with
an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive
environment is analyzed through Porter’s Five Forces
The effects of political, economic, social, technological, legal and environmental factors
on the industry is analyzed through PESTLE analysis to better understand the aspects of
strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing
access to their product portfolio, financial performance and the strengths of their
business strategic developments
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on market share and recent activities in order to achieve competitive intelligence
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