According to our latest study on “Laser Doppler Blood Flow Measurement Devices Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type,” the 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 report highlights the key factors driving the market growth and prominent players with their developments in the market.
The laser doppler blood flow measurement technique is utilized in several surgical procedures, such as cardiac surgeries and eye surgeries. The extensively growing number of cardiac surgical procedures offers lucrative opportunities for the growth of the 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. However, the majority of the market players witnessed decline in their sales from the second quarter of 2020. Further, amid COVID-19 outbreak pandemic, reduction in the number of elective surgical procedures and care hindered the adoption of laser doppler blood flow meter.
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 global laser doppler blood flow measurement market.
The report segments global laser doppler blood flow measurement devices market as follows:
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- North America
- Rest of Europe
- Asia Pacific (APAC)
- South Korea
- Rest of APAC
- Middle East and Africa (MEA)
- Saudi Arabia
- South Africa
- Rest of MEA
- South and Central America (SCAM)
- Rest of SCAM