Transparency Market Research has published a new research report, which discusses the global blood flow measurement devices market in absolute detail. The research report, titled "Blood Flow Measurement Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," gives an accurate account of the market and the key factors governing it. The expert industry analysts have used SWOT analysis and a Porter's five forces analysis to determine the trajectory of this market in the coming years.According to the research report, the global blood flow measurement devices market was valued at US$0.27 bn in 2012 and is expected to reach a valuation of US$0.50 bn by 2019, at a CAGR of 8.7% from 2013 to 2019.
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The global blood flow measurement devices market is segmented on the basis of products, application, and geography. The products sold in the global flow measurement devices market are ultrasonic doppler blood flowmeters, laser doppler blood flowmeters, and electromagnetic blood flowmeters. The application of these products is seen in the treatment of gastroenterology, diabetes, dermatology, peripheral vascular diseases, intracranial monitoring in stroke and brain injury, and tumor monitoring and angiogenesis. Geographically, this market is segmented into North America, Asia Pacific, Europe, and Rest of the World.
In terms of regions, North America dominates the global blood flow measurement devices industry. This dominance is attributable to the great amount of awareness about healthcare in the region. In the year of 2012, North America held a 41.8% share in the global blood flow measurement market, whereas Europe held 27.75% in the same year. The report adds that Asia Pacific accounted for 23.50% of the global blood flow measurement devices market in 2012, while the Rest of the World represented 6.95% of the global market.
Amongst the products, the ultrasonic doppler blood flowmeters segment had the highest market share of 52% in 2012 in the global blood flow measurement devices market. According to research analysts, this segment is expected to witness a 10.7% CAGR in the coming years. This positive growth rate in the global blood flow measurement devices market is attributable to the growing clinical applications of these devices. Treatment-wise, the peripheral vascular disease segment is leading the global blood flow measurement devices market with a 27.8% share in the overall market in 2012. From 2013 to 2019, this segment is expected to exhibit a CAGR of 11.3%.
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Some of the major players of the blood flow measurement devices market include Compumedics Ltd., Cook Medical, Moor Instruments, Deltex Medical, ArjoHuntleigh and others. These market players have been profiled based on attributes such as company overview, recent developments, strategies adopted by the market leaders to ensure growth, financial overview, and recent developments.