San Francisco, California, January 23, 2018 – A new market study presented by TMR Research elucidates that the global blood flow measurement devices market has been displaying an impressive growth and is likely to continue to rise at an impressive pace over the next few years. The report, titled “Blood Flow Measurement Devices Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” provides a comprehensive, unbiased, and in-depth assessment of this market, considering historical and current performance. The key growth trends, challenges, opportunities, prospects, and growth potential of this market have also been assessed while carrying out research.
The report is a creditable tool as it offers valuable insights of the global blood flow measurement devices market that market participants, stakeholders can leverage to formulate winning strategies.
As per the report’s findings, the global blood flow measurement devices market is rising at an unprecedented rate, thanks to the constant technological developments in this field. The surging number of research initiatives for innovations in blood flow measurement devices is also driving this market’s growth. This is to serve the demand for advanced non-invasive devices, especially from developed regions.
Apart from this, the expanding use of blood flow measurement devices is favoring this market’s growth. This includes applications for clinical trials and for invasive and non-invasive procedures among others.
The rising incidence of coronary artery diseases and growing geriatric population globally is a key factor behind the growth of this market. As per a report presented in 2012 by the Centers for Disease Control and Prevention, almost 8,000,000 people in the U.S. were reported to be suffering from peripheral arterial disease, of which 12-20% of the population were above the age of 60 years.
On the downside, stringent regulations that monitor the application and efficacy of these devices is a hindrance to the growth of blood flow measurement devices market. For instance, in the U.S., the use and efficacy of blood flow measurement devices is monitored by the patient Protection and Affordable Healthcare Act. The high cost of blood flow measurement devices is limiting their uptake, adds the report.
The report examines the worldwide blood flow measurement devices market on a geographical basis, dividing into a few prime regions, namely North America, Europe, the Middle East and Africa, Latin America, and Asia Pacific. Currently, North America and Europe are the leading regional markets for blood flow measurement devices. A state-of-the-art healthcare infrastructure in nations such as the U.S., the U.K., Canada, and France and a high level of awareness among consumers about advanced medical devices are key factors behind the growth of these regions.
Meanwhile, Asia Pacific is emerging as a key market for blood flow measurement devices. Several emerging economies in the region such as China, India, and Malaysia are actively improving their healthcare infrastructure and are receiving government aid for public and charitable hospitals to be equipped with advanced therapeutic devices.
The report studies the global blood flow measurement devices market from a competitive perspective. The leading companies in this market are evaluated based on their current and upcoming projects along with their distinguishing business attributes. Cook Medical Inc., ArjoHuntleigh Inc., Compumedics Ltd., Atys Medical, Biomedix Inc., BIOPAC Systems Inc., SONOTEC Ultraschallsensorik Halle GmbH, D E Hokanson Inc., Moor Instruments Ltd., AD Instruments, Ace Medicals, AKW Medicals Inc., Carolina Medical Inc., Deltex Medical, Perimed AB, Medistim ASA, and Transonic Systems Inc. are to name some leading vendors in this market.
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