The Europe medical ultrasound flow meter market was valued at US$ 56.87 million in 2022 and is projected to reach US$ 113.75 million by 2030; it is estimated to record a CAGR of 9.1% from 2022 to 2030.
The integration of ultrasonic flow meters into organ transportation systems emphasizes the growing importance of technology in medical and surgical applications to enhance the success rates of organ transplants. Ultrasonic flow meters in organ transportation systems are mainly used for advanced monitoring and preservation, which, in turn, extend the viability of organs and improve transplant outcomes.
Increasing Need for Transplant Procedures Drives Europe Medical Ultrasound Flow Market
The growing incidence of organ failure across the globe due to various chronic health conditions such as cardiovascular disorders, genetic conditions, and diabetes has triggered the demand for organ transplant procedures. Every 9 minutes, a person is added to the transplant list. As per the Global Observatory on Donation and Transplantation, ~129,681 organ transplantations were performed in 2020 globally. Furthermore, development in healthcare facilities to enhance the success rates of transplant procedures and reduce organ rejection rates has fueled the demand for advanced organ transportation systems, subsequently contributing to the demand for medical ultrasound flow meters-critical components of organ transportation systems.The integration of ultrasonic flow meters into organ transportation systems emphasizes the growing importance of technology in medical and surgical applications to enhance the success rates of organ transplants. Ultrasonic flow meters in organ transportation systems are mainly used for advanced monitoring and preservation, which, in turn, extend the viability of organs and improve transplant outcomes.
Europe Medical Ultrasound Flow Meter Market Overview
The Europe medical ultrasound flow meter market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Europe holds a significant position in the medical ultrasound flow meter market and is estimated to register robust growth during the forecast period. Factors such as the rising incidence of cardiopulmonary and respiratory diseases and a rising number of patients suffering from chronic obstructive pulmonary disease (COPD) drive the market. Moreover, technological advancements have also resulted in increased adoption of the ultrasound flow meter in ECMO devices, thus escalating market growth.Europe Medical Ultrasound Flow Meter Market Segmentation
- The Europe medical ultrasound flow meter market is categorized into implementation, technology, application, end user, and country.
- Based on implementation, the Europe 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 Europe 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 Europe 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 Europe 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 Europe medical ultrasound flow meter market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Germany dominated the Europe medical ultrasound flow meter market share in 2022.
- Arjo AB, PSG Dover, Moor Instruments Ltd, Transonic Systems Inc, Compumedics Ltd, Cook Medical Holdings LLC, Sonotec GmbH, Deltex Medical Ltd, Strain Measurement Devices Inc, Siemens AG, Perimed AB, and Sensirion Holding AG are some of the leading companies operating in the Europe medical ultrasound flow meter market.
Market Highlights
- Based on implementation, the Europe medical ultrasound flow meter market is categorized into clamp-on, inline, and others. The clamp-on segment held 57.0% market share in 2022, amassing US$ 32.43 million. It is projected to garner US$ 66.77 million by 2030 to register 9.4% CAGR during 2022-2030.
- In terms of technology, the Europe medical ultrasound flow meter market is segmented into doppler, transit-time, and hybrid. The doppler segment held 59.5% share of Europe medical ultrasound flow meter market in 2022, amassing US$ 33.84 million. It is anticipated to garner US$ 68.02 million by 2030 to expand at 9.1% CAGR during 2022-2030.
- The others segment held 33.2% share of Europe medical ultrasound flow meter market in 2022, amassing US$ 18.86 million. It is projected to garner US$ 34.02 million by 2030 to expand at 7.7% CAGR from 2022 to 2030.
- The hospitals and clinics segment held 60.5% share of Europe medical ultrasound flow meter market in 2022, amassing US$ 34.38 million. It is predicted to garner US$ 69.88 million by 2030 to expand at 9.3% CAGR between 2022 and 2030.
- This analysis states that Germany captured 26.5% share of Europe medical ultrasound flow meter market in 2022. It was assessed at US$ 15.07 million in 2022 and is likely to hit US$ 30.55 million by 2030, registering a CAGR of 9.2% during 2022-2030.
- In February 2024, Sensirion Holding AG announced that its production facility in Debrecen, Hungary, would be expanding. With the help of a build-to-suit partner, the facility added 5,000 m2 to its production site. It is anticipated that the first phase of the production facility expansion will be finished by the fourth quarter of 2024, and the second phase by the first quarter of 2025. Improving the production facility will enable the business to provide its clients with enough high-quality sensor modules.
- In June 2022, 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 performance and highest clamp-to-clamp repeatability.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe 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 Europe 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 Europe market trends and outlook coupled with the factors driving the Europe 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. Europe Medical Ultrasound Flow Meter Market - Key Market Dynamics
5. Medical Ultrasound Flow Meter Market - Europe Market Analysis
6. Europe Medical Ultrasound Flow Meter Market Analysis - by Implementation Type
7. Europe Medical Ultrasound Flow Meter Market Analysis - by Technology
8. Europe Medical Ultrasound Flow Meter Market Analysis - by Application
9. Europe Medical Ultrasound Flow Meter Market Analysis - by End User
10. Europe 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 Europe Medical Ultrasound Flow Meter market include:- Arjo AB.
- PSG Dover.
- Moor Instruments Ltd.
- Transonic Systems Inc.
- Compumedics Ltd.
- Cook Medical Holdings LLC.
- Sonotec GmbH.
- Deltex Medical Ltd
- Strain Measurement Devices Inc.
- Siemens AG.
- Perimed AB.
- Sensirion Holding AG.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 166 |
| Published | August 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 56.87 Million |
| Forecasted Market Value ( USD | $ 113.75 Million |
| Compound Annual Growth Rate | 9.1% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 13 |
