Market Overview:
The global micro blood flow biosensors market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of cardiovascular diseases. The global micro blood flow biosensors market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into piezo-electric sensor wires and pressure microcatheter. The piezo-electric sensor wires segment is expected to grow at a CAGR of 8% from 2018 to 2030 due to its growing demand for use in minimally invasive surgeries. On the basis of application, the market is divided into microcirculation research, compute instantaneous wave-free ratio (iFR) value assessment, fractional flow reserve (FFR) assessment, and others. The FFR assessment segment accounted for majority share in 2017 owing to its growing demand for diagnosis and treatment of coronary artery disease (CAD). Geographically, the global micro blood flow biosensors market is divided into North America, Latin America Europe Asia Pacific ,and Middle East & Africa . In 2017 North America held major share in this Market followed by Europe .
Product Definition:
They are used to monitor the effects of drugs or other treatments on blood flow and to help researchers study diseases such as cancer, heart disease, and stroke.
Piezo-electric Sensor Wires:
Piezo-electric sensors wires are thin, flexible and fragile metallic wires that generate electrical signals when bent or compressed. Piezo-electric sensors are used in micro blood flow biosensors market owing to their several advantages such as they can be easily attached to the surface of biological tissue without causing any harm to the cells. They also provide highly sensitive and accurate detection ability which is not possible with other conventional techniques.
Pressure Microcatheter:
A pressure microcatheter is a device used to measure the blood pressure. It works on the principle of hydrostatic pressure which is generated by the flow of liquid in a closed system. The sensor attached to it measures the changes inpressure and conveys that information to an electronic device or software for further analysis.
Application Insights:
Based on the application, the global market is segmented into microcirculation research, fractional flow reserve (FFR) assessment and instantaneous flow rate (IFR) calculation, compute the instantaneous wave-free ratio value (WWFR), and others. The WWFR method is used to assess tissue perfusion in conditions with low blood supply such as brain injury or cardiac arrest. Instantaneous IFR calculation method is used to assess tissue perfusion by measuring blood flow through a capillary network in conditions with high blood pressure such as heart attack or stroke. FFR assessment segment held a major share of revenue due to its wide applications across various medical fields for assessing proper functioning of circulatory system.
The other application segment includes use in noninvasive prenatal testing for Down syndrome based on amniotic fluid volume measurement using microbivacuators; use during surgery based on real-time imaging;.
Regional Analysis:
North America dominated the global market in 2017 owing to a rise in R&D investments by private and public organizations. Moreover, increasing prevalence of cardiovascular diseases (CVDs) is also expected to drive the regional growth over the forecast period. The Asia Pacific region is anticipated to witness lucrative growth during the forecast period due to rising healthcare expenditure and improving infrastructure for conducting clinical trials. In addition, growing awareness about CVDs among people will propel market development during the estimated time frame.
The Latin American region is also expected to grow at a significant rate over an eight-year period from 2018 to 2030 due its low per capita income compared with developed regions such as North America and Europe.
Growth Factors:
- Increasing demand for minimally invasive surgeries: Micro blood flow biosensors are increasingly being used in minimally invasive surgeries to detect and monitor blood flow in real-time. This is driving the growth of the market.
- Growing prevalence of cardiovascular diseases: The increasing prevalence of cardiovascular diseases is a major driver for the micro blood flow biosensors market. Cardiovascular diseases can be effectively monitored and treated with the help of micro blood flow biosensors.
- Rising demand for point-of-care diagnostics: The growing demand for point-of-care diagnostics is another key driver for the micro blood flow biosensors market. Micro Blood Flow Biosensors offer fast, accurate, and reliable results, making them ideal for use in point-of-care diagnostics settings.
- Technological advancements: The development of new technologies that improve the accuracy and reliability of micro blood flow biosensors is driving their growth in the market place . For example, recent advancements such as miniaturization have made these sensors more portable and easier to use . This is helping to expand their applications into new areas . 5) Growing awareness about health risks associated with cardiovascular diseases : There has been a growing awareness among people about health risks associated with cardiovascular diseases in recent years
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Blood Flow Biosensors Market Research Report
By Type
Piezo-electric Sensor Wires, Pressure Microcatheter
By Application
Microcirculation Research, Compute the Instantaneous Wave-free Ratio Value, iFR, Fraction Flow Researve (FFR) Assessment
By Companies
Abbott, Philips Volcano, Opsens Medical, Boston Scientific, ACIST Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Micro Blood Flow Biosensors Market Report Segments:
The global Micro Blood Flow Biosensors market is segmented on the basis of:
Types
Piezo-electric Sensor Wires, Pressure Microcatheter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Microcirculation Research, Compute the Instantaneous Wave-free Ratio Value, iFR, Fraction Flow Researve (FFR) Assessment
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott
- Philips Volcano
- Opsens Medical
- Boston Scientific
- ACIST Medical
Highlights of The Micro Blood Flow Biosensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Piezo-electric Sensor Wires
- Pressure Microcatheter
- By Application:
- Microcirculation Research
- Compute the Instantaneous Wave-free Ratio Value, iFR
- Fraction Flow Researve (FFR) Assessment
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Micro Blood Flow Biosensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Micro Blood Flow Biosensors are a type of biosensor that uses the principle of microfluidics to measure small changes in blood flow. They are often used to monitor heart health, stroke, and other medical conditions.
Some of the major players in the micro blood flow biosensors market are Abbott, Philips Volcano, Opsens Medical, Boston Scientific, ACIST Medical.
The micro blood flow biosensors market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micro Blood Flow Biosensors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Micro Blood Flow Biosensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Micro Blood Flow Biosensors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Micro Blood Flow Biosensors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Micro Blood Flow Biosensors Market Size & Forecast, 2020-2028
4.5.1 Micro Blood Flow Biosensors Market Size and Y-o-Y Growth
4.5.2 Micro Blood Flow Biosensors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Piezo-electric Sensor Wires
5.2.2 Pressure Microcatheter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Microcirculation Research
6.2.2 Compute the Instantaneous Wave-free Ratio Value
6.2.3 iFR
6.2.4 Fraction Flow Researve (FFR) Assessment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro Blood Flow Biosensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Micro Blood Flow Biosensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Piezo-electric Sensor Wires
9.6.2 Pressure Microcatheter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Microcirculation Research
9.10.2 Compute the Instantaneous Wave-free Ratio Value
9.10.3 iFR
9.10.4 Fraction Flow Researve (FFR) Assessment
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Piezo-electric Sensor Wires
10.6.2 Pressure Microcatheter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Microcirculation Research
10.10.2 Compute the Instantaneous Wave-free Ratio Value
10.10.3 iFR
10.10.4 Fraction Flow Researve (FFR) Assessment
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Piezo-electric Sensor Wires
11.6.2 Pressure Microcatheter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Microcirculation Research
11.10.2 Compute the Instantaneous Wave-free Ratio Value
11.10.3 iFR
11.10.4 Fraction Flow Researve (FFR) Assessment
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Piezo-electric Sensor Wires
12.6.2 Pressure Microcatheter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Microcirculation Research
12.10.2 Compute the Instantaneous Wave-free Ratio Value
12.10.3 iFR
12.10.4 Fraction Flow Researve (FFR) Assessment
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Piezo-electric Sensor Wires
13.6.2 Pressure Microcatheter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Microcirculation Research
13.10.2 Compute the Instantaneous Wave-free Ratio Value
13.10.3 iFR
13.10.4 Fraction Flow Researve (FFR) Assessment
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Micro Blood Flow Biosensors Market: Competitive Dashboard
14.2 Global Micro Blood Flow Biosensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 Philips Volcano
14.3.3 Opsens Medical
14.3.4 Boston Scientific
14.3.5 ACIST Medical
