medical ultrasound flow meter Market

According to our latest study on "Medical Ultrasound Flow Meter Market Forecast to 2030 - Global Analysis - by Type, Technology, Application, and End User" the market was valued at US$ 192.04 million in 2022 and is expected to reach US$ 388.87 million by 2030. It is estimated to register a CAGR of 9.2% from 2022 to 2030.

A medical ultrasound flow meter is a non-invasive device that uses ultrasound waves to measure the velocity of blood flow within a vessel. These devices are used in a variety of diagnostic procedures to assess blood circulation and identify potential blockages or abnormalities. Doppler, Transit-time and hybrid are the main types of medical ultrasound flow meters. Medical ultrasound flow meters are used to assess blood flow in the arteries and monitoring blood flow during dialysis. These devices are also used to guide catheters and other instruments during minimally invasive procedures such as angioplasty and stent placement. Medical ultrasound flow meters are a safe and effective way to measure blood flow.

Rising Number of Cardiovascular and Respiratory Diseases increases the demand for Medical Ultrasound Flow Meters

Millions of deaths are recorded due to cardiovascular diseases (CVDs) annually across the world. For instance, CVDs accounted for 45% of deaths in Europe and 37% in the European Union (EU). 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.

By Technology, Medical Ultrasound Flow Meter Market-Based Insights

By technology, the market is segmented into Doppler, transit-time, and hybrid. The Doppler segment held the largest medical ultrasound flow meter market share in 2022. The transit-time segment is anticipated to register the highest CAGR of 9.7% during 2022- 2030. Doppler ultrasound is a noninvasive test used to measure the blood flow through the blood vessels. It bounces high-frequency sound waves off the red blood cells circulating in the bloodstream. Regular ultrasound waves manage to produce images but cannot estimate the blood flow rate, whereas a Doppler ultrasound can estimate how fast blood flows by determining the rate of change in its frequency. For instance, when pulses are not palpable, a Doppler ultrasound flow meter can be used to determine the health of veins and arteries by hearing the pulsations over the dorsalis pedis and posterior tibial arteries.

By Implementation Type, Medical Ultrasound Flow Meter Market-Based Insights

By implementation type, the medical ultrasound flow meter market is segmented into clamp-on, inline, and others. The clamp-on segment held the largest market share in 2022. It is anticipated to register the highest CAGR during 2022- 2030. Noninvasive or external ultrasonic flow meters, commonly known as clamp-on ultrasound/ultrasonic flow meters, provide a special way to measure flow rate without the need for cutting the pipe or stopping the flow. These meters use transducers clamped on the outside of the pipe to send and receive ultrasonic signals through the pipe wall. Clamp-on ultrasonic flow meters frequently employ the transit-time approach to measure flow velocity without direct contact with the fluid.

Centers for Disease Control and Prevention, Organ Procurement & Transplantation Network, World Health Organization, and companies white papers are a few of the major secondary sources referred to while preparing the report on the medical ultrasound flow meter market.