Blood Flow Measurement Devices Market, By Product Type (Laser Doppler Blood Flowmeters, Ultrasonic Doppler Blood Flowmeters, and Electromagnetic Blood Flowmeters), By Application (Cardiovascular Disease, Tumor Monitoring, Gastroenterology, Diabetes, Dermatology, and Others), By End User (Hospital, Clinics, Ambulatory Surgical Centers, Specialty Centers, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Aug 2024

Code : CMI183

Pages :150

Formats :

Excel and PDF

Industry : Medical Devices

Market Concentration and Competitive Landscape

Blood Flow Measurement Devices Market Concentration By Players

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Growing Prevalence of Cardiovascular Diseases

Cardiovascular diseases have emerged as the leading cause of mortality worldwide. According to various global burden of disease studies and reports published by the WHO, close to 18 million people succumb to some form of cardiovascular ailment every year accounting for over 30% of total global deaths. Some key reasons for growing prevalence of such conditions include rapidly aging population, rising levels of obesity, physical inactivity, unhealthy diet habits, and high stress levels associated with modern lifestyle. Genetic predisposition also plays an important role especially in developing countries where non-communicable chronic diseases were not very common until a few decades back.

The economic impact of cardiovascular diseases has been staggering too, accounting for over 10% of total global healthcare expenditure. With bulk of affected population now falling in productive middle age groups, loss of workplace productivity and associated indirect costs have become a major concern. Considering this huge lifelong economic and social burden, preventive diagnosis at early stages is a priority area. Regular monitoring of hemodynamics through the evaluation of blood flow patterns provides valuable insights for screening and management of cardiovascular health. As the incidence of cardiovascular diseases keep increasing rapidly across both developed and developing world driven by aging demographics and lifestyle changes, the need for diagnostic tools for screening large at-risk population has become more important than ever. This growing prevalence of heart conditions has significantly driven the demand for cost-effective, easy-to-use blood flow measurement devices that can aid primary physicians and cardiologists for routine monitoring as well as facilitate early detection before severity increases requiring intensive treatment.

Key Players Insights