Laser Doppler Blood Flow Measurement Devices Market: Increasing Number of Cardiac Surgeries
The laser doppler blood flow measurement devices market was valued at US$ 50,084.84 thousand in 2020 and is projected to reach US$ 74,526.57 thousand by 2028; it is expected to grow at a CAGR of 5.2% from 2021 to 2028.
The major factors driving the growth of the market are increasing number of cardiac surgeries and technological advancements in blood flow measurement devices. However, the high cost of the blood flow measurement devices restrains the market growth. Laser doppler blood flow measurement devices use the doppler effect to monitor speed of blood cells flowing through microvascular structures. The incident light of red wavelength projected upon the blood vessels absorb and reflect the light with a shifted frequency, depending on the flow velocity. To measure the blood flow, optical fibers and laser probes are used.
The adoption of perfusion technologies and blood flow measuring devices in Asia Pacific is already lower than Europe and North America. Amid pandemic, extensive focus on the COVID-19 management caused diversion from regular surgical procedures. In addition, the extensive utilization of available instruments is hindering the growth of the laser doppler blood flow measurement devices market.
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Key Findings from The laser doppler blood flow measurement devices Market
Companies operating in the laser doppler blood flow measurement devices market adopt the product innovations strategy to meet the evolving customer demands across the world, which also permits them to maintain their brand name in the global market.
The growth of the laser doppler blood flow measurement devices market is primarily attributed to the key factors such as increasing number of cardiac surgeries and technological advancements in blood flow measurement devices. However, the high cost of the blood flow measurement devices hinders the market growth. ADInstruments Ltd; Oxford Optronix Ltd.; Moor Instruments Limited; Transonic Systems Inc.; BIOPAC Systems, Inc; Perimed AB; Cook Medical LLC; ADVANCE CO., LTD.; JMS CO., LTD; and OMEGAWAVE, INC. are among the leading companies operating in the market.
Increasing Number of Cardiac Surgeries
Heart surgery is varied across patients depending on their symptoms and underlying causes. Cardiac surgery performed has evolved to be specific to different heart concerns over the last few decades. The extensively growing number of cardiac surgical procedures offers lucrative opportunities for the growth of the laser doppler blood flow measurement devices market. For instance, according to a data published by a healthcare provider in the US in 2018, an estimated 500,000 open-heart surgeries are performed each year in the US. Similarly, as per the data of Texas Heart Institute in 2020, more than 3,400 people go through heart transplants every year, despite having a shortage of organs donors in the country.
Cardiac surgery is a fast-growing market, related to many correlated types of increasing procedures. Innovative products and technological advancements spur on the growth of the market by increasing the size of the treatable population. Furthermore, there is a growing need for cardiac surgeries as the average age of the US population continues to grow.
Laser Doppler Blood Flow Measurement Devices Market – by Type
- Laser Doppler
Laser Doppler Blood Flow Measurement Devices Market– by Geography
- North America
- Rest of Europe
- Asia Pacific (APAC)
- South Korea
- Rest of APAC
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
- South and Central America (SCAM)
- Rest of SCAM
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