Portable Vascular Doppler Market Report 2024

Where is the largest and fastest growing market for portable vascular doppler? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more. The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The portable vascular doppler market size has grown strongly in recent years. It will grow from $1.57 billion in 2023 to $1.66 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth during the historic period can be attributed to several factors, including the increasing prevalence of vascular diseases, advancements in technology, an aging population, rising healthcare expenditure, awareness and screening programs, improvements in point-of-care testing, and the expansion of telemedicine.

The portable vascular doppler market size is expected to see strong growth in the next few years. It will grow to $2.09 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth during the forecast period can be attributed to several factors, including miniaturization and portability, advancements in personalized medicine, increased remote patient monitoring, cost efficiency and affordability, supportive regulatory frameworks, and growth in emerging markets. Major trends expected during this period include AI-powered diagnostics, wireless connectivity, advanced data analytics, enhanced user interfaces, remote accessibility, IoT integration, and a focus on patient-centric design.

The rising incidence of cardiovascular diseases is anticipated to drive growth in the portable vascular doppler market. Cardiovascular diseases (CVD) encompass various disorders affecting the heart and blood vessels. Factors such as unhealthy diets rich in processed foods, low consumption of fruits and vegetables, sedentary lifestyles, poor nutrition, and high obesity rates contribute to the global rise in CVD. Portable vascular doppler devices improve diagnostic capabilities, enabling healthcare providers to detect and manage cardiovascular conditions more effectively. This enhances patient outcomes and helps reduce complications associated with vascular diseases. For example, in January 2024, the American Heart Association, a US-based nonprofit, reported that cardiovascular disease-related deaths totaled 931,578, up from 928,741 in 2023. Additionally, the age-adjusted death rate from cardiovascular diseases rose to 233.3 per 100,000, a 4% increase from the previous year's rate of 224.4 per 100,000. This rising prevalence of cardiovascular diseases is fueling the growth of the portable vascular doppler market.

Key players in the portable vascular doppler market are advancing handheld technology, such as wireless handheld vascular doppler devices, to improve diagnostic ease and accuracy, thereby boosting market share and customer loyalty. These wireless devices use Doppler ultrasound technology to evaluate and monitor blood flow in the vascular system, providing real-time data via wireless connections. For instance, in June 2022, Remington Medical Inc., a US-based medical device manufacturer, introduced VascuChek, an innovative wireless handheld vascular doppler device. It features a continuous 9 MHz wave system and eliminates the need for bulky transceiver boxes and tethered probes, enhancing mobility and user control. Designed for both intraoperative and transcutaneous blood flow assessments, VascuChek offers increased versatility for various medical applications, aiming to transform how physicians evaluate patient blood flow during procedures.

In November 2023, Probo Medical Ltd., a US-based diagnostic imaging equipment manufacturer, acquired Davis Medical Electronics Inc. for an undisclosed amount. This acquisition is intended to strengthen Probo’s capabilities and presence in the cardiology sector. Davis Medical Electronics Inc., also based in the US, specializes in medical and imaging equipment, including portable vascular doppler systems.

Major companies operating in the portable vascular doppler market are Siemens Healthineers, GE HealthCare Technologies Inc., CooperSurgical Inc., Natus Medical Incorporated, Schiller AG, Edan Instruments Inc., Meditech Equipment Co. Ltd., A.D. Instruments Pty Ltd., CHISON Medical Technologies Co. Ltd, Huntleigh Healthcare Ltd., Medistim ASA, Compumedics Limited, LRE Medical GmbH, Perimed AB, Nicolet Vascular Inc, Parks Medical Electronics Inc., Koven Technology Inc., Sifin Diagnostics GmbH, Hadeco Inc., D.E. Hokanson Inc., Advanced Instrumentations Inc., ELCAT GmbH, Infrascan Inc., Multigon Industries Inc., Newman Medical LLC, SonoSite Inc., Sunray Medical Apparatus Co. Ltd., Viasonix Ltd., Wallach Surgical Devices Inc, Vcomin Technology Limited.

North America was the largest region in the portable vascular doppler market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the portable vascular doppler market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the portable vascular doppler market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A portable vascular Doppler is a handheld medical device used to measure blood flow in arteries and veins. It employs Doppler ultrasound technology to detect the movement of blood cells, providing both audio and visual representations of blood flow. This device is commonly used for diagnosing vascular conditions, evaluating blood circulation, and monitoring fetal heart rates during pregnancy.

The main types of portable vascular Dopplers are Type I and Type II. Type I portable vascular Doppler systems are typically basic models designed for routine blood flow assessments in clinical settings, offering essential functionalities such as Doppler ultrasound to detect and monitor blood flow in arteries and veins. The conditions these devices help diagnose include atherosclerosis, peripheral artery disease (PAD), carotid artery disease, pulmonary embolism, collagen vascular disease, and cerebrovascular disease, among others. These devices are used in hospitals, clinics, and other healthcare settings.

The portable vascular doppler market research report is one of a series of new reports that provides portable vascular doppler market statistics, including portable vascular doppler industry global market size, regional shares, competitors with an portable vascular doppler market share, detailed portable vascular doppler market segments, market trends and opportunities, and any further data you may need to thrive in the portable vascular doppler industry. This portable vascular doppler market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A portable vascular doppler market consists of sales of handheld doppler devices, transducers, rechargeable batteries, carrying cases, and related accessories or measuring and monitoring blood flow in medical settings, aiding in the diagnosis and treatment of vascular conditions. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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