The South & Central America medical ultrasound flow meter market was valued at US$ 10.03 million in 2022 and is projected to reach US$ 18.92 million by 2030; it is estimated to record a CAGR of 8.3% from 2022 to 2030.
In May 2023, ultrasonic specialist SONOTEC enhanced its SONOFLOW CO.55 non-contact flow meter to increase the efficiency throughout PAT-related upstream and downstream processes in biotechnology applications. The new SONOFLOW CO.55 V3.0 sensor combines better measurement performance and the highest clamp-to-clamp repeatability. The development of the new sensor generation is focused on major requirements in the biotech industry to introduce the right product features to the market.
In April 2021, NovaSignal Corp. launched the NovaGuide 2 Platform that provides clinical teams with critical, real-time information about cerebral blood flow to guide diagnosis and advance patient results. The device is intended to integrate into current clinical practice; the platform contains the NovaGuide 2 Intelligent Ultrasound. The device autonomously captures blood flow data to identify brain illnesses and diseases. The NovaGuide View implements secure, cloud-based access to efficient exam data.
Thus, developments in ultrasound flow meters are anticipated to create opportunities for the market growth during the forecast period.
Developments by Companies Fuel South & Central America medical ultrasound flow Market
Companies operating in the medical ultrasound flow meter market constantly focus on new product launches and expansion to improve their sales. A few of the noteworthy developments in the medical ultrasound flow meter market are mentioned below:In May 2023, ultrasonic specialist SONOTEC enhanced its SONOFLOW CO.55 non-contact flow meter to increase the efficiency throughout PAT-related upstream and downstream processes in biotechnology applications. The new SONOFLOW CO.55 V3.0 sensor combines better measurement performance and the highest clamp-to-clamp repeatability. The development of the new sensor generation is focused on major requirements in the biotech industry to introduce the right product features to the market.
In April 2021, NovaSignal Corp. launched the NovaGuide 2 Platform that provides clinical teams with critical, real-time information about cerebral blood flow to guide diagnosis and advance patient results. The device is intended to integrate into current clinical practice; the platform contains the NovaGuide 2 Intelligent Ultrasound. The device autonomously captures blood flow data to identify brain illnesses and diseases. The NovaGuide View implements secure, cloud-based access to efficient exam data.
Thus, developments in ultrasound flow meters are anticipated to create opportunities for the market growth during the forecast period.
South & Central America Medical Ultrasound Flow Meter Market Overview
The medical ultrasound flow meter market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Central America. South & Central America market is estimated to grow considerably during the forecast period as it holds a significant position in the ultrasound flow meter market. Developing healthcare facilities, the rise in geriatric population, and increasing incidence of kidney and heart diseases are a few factors driving the market.South & Central America Medical Ultrasound Flow Meter Market Segmentation
- The South & Central America medical ultrasound flow meter market is categorized into implementation, technology, application, end user, and country.
- Based on implementation, the South & Central 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 South & Central 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 South & Central 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 South & Central America medical ultrasound flow meter market is categorized 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 South & Central America medical ultrasound flow meter market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America medical ultrasound flow meter market share in 2022.
- Arjo AB, Moor Instruments Ltd, Compumedics Ltd, Sonotec GmbH, and Siemens AG are some of the leading companies operating in the South & Central America medical ultrasound flow meter market.
Market Highlights
- Based on implementation, the South & Central America medical ultrasound flow meter market is categorized into clamp-on, inline, and others. The clamp-on segment held 58.5% market share in 2022, amassing US$ 5.87 million. It is projected to garner US$ 11.41 million by 2030 to register 8.7% CAGR during 2022-2030.
- In terms of technology, the South & Central America medical ultrasound flow meter market is segmented into doppler, transit-time, and hybrid. The doppler segment held 59.4% share of South & Central America medical ultrasound flow meter market in 2022, amassing US$ 5.96 million. It is anticipated to garner US$ 11.32 million by 2030 to expand at 8.4% CAGR during 2022-2030.
- The others segment held 32.1% share of South & Central America medical ultrasound flow meter market in 2022, amassing US$ 3.22 million. It is projected to garner US$ 5.50 million by 2030 to expand at 6.9% CAGR from 2022 to 2030.
- The hospitals and clinics segment held 61.2% share of South & Central America medical ultrasound flow meter market in 2022, amassing US$ 6.14 million. It is predicted to garner US$ 11.71 million by 2030 to expand at 8.4% CAGR between 2022 and 2030.
- This analysis states that Brazil captured 58.7% share of South & Central America medical ultrasound flow meter market in 2022. It was assessed at US$ 5.89 million in 2022 and is likely to hit US$ 11.43 million by 2030, registering a CAGR of 8.7% during 2022-2030.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America medical ultrasound flow meter market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the South & Central America medical ultrasound flow meter market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America medical ultrasound flow meter market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. South & Central America Medical Ultrasound Flow Meter Market - Key Market Dynamics
5. Medical Ultrasound Flow Meter Market - South & Central America Market Overview
6. South & Central America Medical Ultrasound Flow Meter Market Analysis - by Implementation Type
7. South & Central America Medical Ultrasound Flow Meter Market Analysis - by Technology
8. South & Central America Medical Ultrasound Flow Meter Market Analysis - by Application
9. South & Central America Medical Ultrasound Flow Meter Market Analysis - by End User
10. South & Central America Medical Ultrasound Flow Meter Market - Country Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
Some of the leading companies in the South and Central America Medical Ultrasound Flow Meter market include:- Arjo AB.
- Moor Instruments Ltd.
- Compumedics Ltd.
- Sonotec GmbH.
- Siemens AG.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 114 |
| Published | August 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 10.03 Million |
| Forecasted Market Value ( USD | $ 18.92 Million |
| Compound Annual Growth Rate | 8.3% |
| No. of Companies Mentioned | 5 |
