North America Medical Ultrasound Flow Meter Market
No. of Pages: 153 | Report Code: BMIRE00030600 | Category: Life Sciences
No. of Pages: 153 | Report Code: BMIRE00030600 | Category: Life Sciences
The North America medical ultrasound flow meter market was valued at US$ 74.40 million in 2022 and is projected to reach US$ 152.77 million by 2030; it is estimated to record a CAGR of 9.4% from 2022 to 2030.Rising Number of Cardiovascular and Respiratory Diseases Fuels North America Medical Ultrasound Flow Market
Millions of deaths are recorded due to cardiovascular diseases (CVDs) annually across the world. According to the 2022 Heart Disease & Stroke Statistical Update Fact Sheet, Global Burden of Disease, 119.1 million patients succumbed to death globally due to CVD in 2020. It also stated that the global prevalence of stroke and ischemic stroke in 2020 was 89.1 million and 68.2 million, respectively. As per the National Center for Chronic Disease Prevention and Health Promotion, Division for Heart Disease and Stroke Prevention, ~697,000 people were reported to have had heart disease in the US in 2022. According to the American Heart Association, over 130 million people in the US (45.1% of the total population) are likely to be affected by some form of cardiovascular disease by 2035. Further, according to the National Library of Medicine, about 400,000 coronary artery bypass grafting (CABG) surgeries were performed in 2022.
Chronic obstructive pulmonary disease (COPD) obstructs the airflow from the lungs, which can lead to respiratory failure. It is one of the life-threatening illnesses that cause millions of deaths across the world. According to the World Health Organization (WHO), COPD was the third leading cause of death in 2022. In 2020, about 90% of COPD deaths occurred in low- and middle-income countries. According to the Centers for Disease Control and Prevention (CDC), in 2020, COPD was the sixth leading cause of death in the US. Thus, the increasing number of CVDs and respiratory diseases has promoted the growing use of external support devices incorporated with ultrasound flow meters. For instance, extracorporeal membrane oxygenation (ECMO)-a life support system that provides a temporary solution for pumping fluids in the patient's body through medical tubing-is incorporated with ultrasound flow meters to work in place of heart or lungs in order to ensure the accurate flow of oxygenated blood during surgical procedures.North America Medical Ultrasound Flow Meter Market Overview
The North America medical ultrasound flow meter market is segmented into the US, Canada, and Mexico. The rising prevalence of cardiovascular diseases and respiratory diseases and growing strategic developments by market players contribute to the market development in the region. The US holds the leading medical ultrasound flow meter market share.
North America Medical Ultrasound Flow Meter Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the North America Medical Ultrasound Flow Meter provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Medical Ultrasound Flow Meter refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Get more information on this report North America Medical Ultrasound Flow Meter Strategic Insights
Get more information on this report North America Medical Ultrasound Flow Meter Report Scope
Report Attribute
Details
Market size in 2022
US$ 74.40 Million
Market Size by 2030
US$ 152.77 Million
Global CAGR (2022 - 2030)
9.4%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Implementation Type
By Technology
By End User
Regions and Countries Covered
North America
Market leaders and key company profiles
Get more information on this report North America Medical Ultrasound Flow Meter Regional Insights
Get more information on this report North America Medical Ultrasound Flow Meter Market Segmentation
The North America medical ultrasound flow meter market is categorized into implementation, technology, application, end user, and country.
Based on implementation, the North America medical ultrasound flow meter market is segmented into clamp-on, inline, and others. The clamp-on segment held the largest market share in 2022.
In terms of technology, the North America medical ultrasound flow meter market is categorized into doppler, transit-time, and hybrid. The doppler segment held the largest market share in 2022.
By application, the North America medical ultrasound flow meter market is segmented into heart and lung machines, extracorporeal membrane oxygenation, perfusion, organs transportation system, and others. The others segment held the largest market share in 2022.
By end user, the North America medical ultrasound flow meter market is bifurcated into hospitals and clinics, ambulatory surgical centers, research laboratories, and others. The hospitals and clinics segment held the largest market share in 2022.
By country, the North America medical ultrasound flow meter market is segmented into the US, Canada, and Mexico. The US dominated the North America medical ultrasound flow meter market share in 2022.
Arjo AB, PSG Dover, Moor Instruments Ltd, Transonic Systems Inc, Compumedics Ltd, Cook Medical Holdings LLC, GF Health Products Inc, Sonotec GmbH, Strain Measurement Devices Inc, Siemens AG, Perimed AB, and Sensirion Holding AG are some of the leading companies operating in the North America medical ultrasound flow meter market.
1. Arjo AB.
2. PSG Dover.
3. Moor Instruments Ltd.
4. Transonic Systems Inc.
5. Compumedics Ltd.
6. Cook Medical Holdings LLC.
7. GF Health Products Inc.
8. Sonotec GmbH.
9. Strain Measurement Devices Inc.
10. Siemens AG.
11. Perimed AB.
12. Sensirion Holding AG.
The North America Medical Ultrasound Flow Meter Market is valued at US$ 74.40 Million in 2022, it is projected to reach US$ 152.77 Million by 2030.
As per our report North America Medical Ultrasound Flow Meter Market, the market size is valued at US$ 74.40 Million in 2022, projecting it to reach US$ 152.77 Million by 2030. This translates to a CAGR of approximately 9.4% during the forecast period.
The North America Medical Ultrasound Flow Meter Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Medical Ultrasound Flow Meter Market report:
The North America Medical Ultrasound Flow Meter Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Medical Ultrasound Flow Meter Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Medical Ultrasound Flow Meter Market value chain can benefit from the information contained in a comprehensive market report.
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