Global Blood Flow Measurement Devices Market 2017-2021

This market research study identifies Medtronic, GE Healthcare, Siemens Healthineers, and Koninklijke Philips as the leading players in the global blood flow measurement devices market. An analysis of this market is also presented by product type (systems and accessories), by applications (diabetes and peripheral vascular system, gastroenterology, brain stroke, and dermatology), by end-users (hospitals and physicians' offices, ASCs, and home care settings), and by geography (the Americas, APAC, and EMEA).

Overview of the global blood flow measurement devices market

According to Technavio’s market research report, the global blood flow measurement devices market will grow at a CAGR of close to 9% during the forecast period. One of the key drivers that will stimulate growth in the market during the projected period is the growing mergers and acquisitions of hospitals to adopt a new model of healthcare. The collaboration of hospitals will enhance the quality of assessment and reduce the cost of treatment. This will increase the demand for blood flow tests as more number of patients are encouraged to undergo treatments. Many specialty hospitals and institutes offer treatments for all the disorders related to the imbalanced blood flow. These specialty hospitals and institutes include cancer institutes, burn treatment hospitals, and diabetic care hospitals. M&As between hospitals and institutes will enhance the quality of treatment and assessment, which in turn, will boost the number of tests that can be performed.

The Americas contributed the maximum market shares during 2016 and the US was the major revenue contributor to the automatic blood pressure monitor market in the region. The sales volume of blood flow measurement devices is increasing in the region since various countries such as the US, Canada, and Brazil are increasingly focusing on patient care. The focus of government organizations to offer treatment procedures at low cost, will also fuel the need for devices to measure blood flow in the forthcoming years.

Competitive landscape and key vendors

The vendors in the blood flow measurement devices market offer products in the local and international markets. The blood flow meter manufacturers increasingly focus on advanced technology to come up with high-quality products. They also take efforts to enhance their brand image to increase their revenue. Additionally, they are also making huge investments in R&D activities and are adopting mergers and acquisitions to extend their product portfolio, in the automatic blood pressure monitor market.

Key vendors in this market are -

• Medtronic
• GE Healthcare
• Siemens Healthineers
• Koninklijke Philips

Other prominent vendors in the market include ACE Medical, ADInstruments, BIOPAC Systems, Carolina Medical Electronics, and Perimed.

Segmentation by product type and analysis of the blood flow measurement devices market

• Systems
• Accessories

The blood flow measurement systems is used to test blood flow in veins, capillaries, tissues, and organs. These blood flow sensor devices are used during surgeries and non-invasive procedures. The market shares of this segment will increase during the projected period due to the introduction of advanced technologies in blood flow measurement systems such as wearable sensor device, which can monitor blood flow even in physically active patients in the form of a graph using the external wearable device.

Segmentation by end-users and analysis of the blood flow measurement devices market

• Hospitals and physicians' offices
• ASCs
• Home care settings

The ASCs segment accounted for the majority market shares in the automatic blood pressure monitor market during 2016, since it helps to minimize medical expenses and the duration of hospital stays. ASCs offer one-day day care for complex surgeries such as coronary artery disease (CAD) surgery, peripheral artery disease (PAD) surgery, and foot ulcers and will continue to be the largest end-user to the blood flow measurement devices market until the end of 2021.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global blood flow measurement devices market?
• What are the key market trends impacting the growth of the global blood flow measurement devices market?
• What are the challenges to market growth?
• Who are the key vendors in the global blood flow measurement devices market?
• What are the market opportunities and threats faced by the vendors in the global blood flow measurement devices market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global blood flow measurement devices market?

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