Non-Invasive Pulse Wave Tonometer Industry Surges at 5.8% CAGR, Aiming for a Projection of US$194 Million by 2032-FMI Projection
The non-invasive pulse wave tonometer industry size is projected to reach a valuation of US$ 104.3 million globally in 2022. In order to preserve health and lower the risk of heart disease and other blood flow-related issues, the body needs a sufficient amount of blood flow. Blood flows via a number of veins and arteries after starting at the heart. Blood is a superb transporter that can deliver medications and nutrients to different areas of the body.
The non-invasive pulse wave tonometer is an excellent device for understanding the flow pattern and providing information to allow for proper treatment. The overall demand for non-invasive pulse wave tonometers is expected to grow at a 5.8% CAGR between 2022 and 2032, reaching approximately US$ 194 million by 2032.
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Crucial information and forecast statistics covered in the Non-invasive Pulse Wave Tonometer market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Non-invasive Pulse Wave Tonometer Market
The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Non-invasive Pulse Wave Tonometer market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Non-invasive Pulse Wave Tonometer market.
Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Non-invasive Pulse Wave Tonometer market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Non-invasive Pulse Wave Tonometer Market: Segmentation
Valuable information covered in the FMI’s Non-invasive Pulse Wave Tonometer market report has been segregated into key segments and sub-segments.
Non-invasive Pulse Wave Tonometer Market by End User:
- Non-invasive Pulse Wave Tonometers for Hospitals
- Non-invasive Pulse Wave Tonometers for Clinics
- Non-invasive Pulse Wave Tonometers for Other End Users
Non-invasive Pulse Wave Tonometer Market by Indication:
- Non-invasive Pulse Wave Tonometers for Hypertension
- Non-invasive Pulse Wave Tonometers for Renal Disease
- Non-invasive Pulse Wave Tonometers for COPD
- Non-invasive Pulse Wave Tonometers for Diabetes
- Non-invasive Pulse Wave Tonometers for Heart Failure
- Non-invasive Pulse Wave Tonometers for Other Disease Indications
Non-invasive Pulse Wave Tonometer Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Non-invasive Pulse Wave Tonometer market. Competitive information detailed in the Non-invasive Pulse Wave Tonometer market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Non-invasive Pulse Wave Tonometer market report.
Key players :
- ADInstruments
- Millar
- DiaTecne s.r.l
- AtCor Medical Pty. Ltd.
- Haag Streit AG
- Ametek Industries Technology
- Ray Vision International Corporation
- Crystalvue Medical
- Shanghai Vowish Optical Co. Ltd
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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