Heart and Lung Machines Segment to Hold Significant Share of Application in Medical Ultrasound Flow Meter Market During 2022-2030

According to our latest study on "Medical Ultrasound Flow Meter Market Forecast to 2030 - Global Analysis - Implementation Type, Technology, Application, and End User " the market was valued at US$ 192.04 million in 2022 and is expected to reach US$ 388.87 million by 2030. Factors such as rising number of cardiovascular and respiratory diseases, and increasing need for transplant procedures are contributing to the growing medical ultrasound flow meter market size. However, high cost and low accuracy of the ultrasonic flow meter impede the market growth.

By application, the medical ultrasound flow market is segmented into heart and lung machines, extracorporeal membrane oxygenation, perfusion, organs transportation system, and others. The heart and lung machines segment held a larger market share in 2022 and is anticipated to register a higher CAGR of during the forecast period. Heart and lung machines assist with crucial procedures while the patient is on the operating table and receiving care. Also known as the "cardiopulmonary bypass (CPB) pump," they assist the surgeon by taking over the function of heart and lungs during the surgical procedure. It is now an essential equipment, particularly while performing heart and lung transplants and coronary artery bypass surgeries.

Many heart-lung machines are built with clamp-on ultrasound flow meters as standard components. They maintain strict sterility requirements by measuring blood flow noninvasively using ultrasonic transit-time techniques. The pumps help by ensuring the equipment continuously pumps blood in right volumes and flow.

Moreover, ultrasound flow meters are also the critical components of organ transportation systems, perfusion, and ECMO circuits.

Others segment in application includes dialysis, assessment of blood flow fetal and neonatal care, and research application.

Based on implementation type the medical ultrasound flow meter market is segmented into clamp-on, inline, and others. The clamp-on segment held a larger market share in 2022, and is anticipated to register a higher CAGR during the forecast period.

In terms of technology, medical ultrasound flow meter market is segmented into doppler, transit-time, and hybrid. The doppler segment held a larger market share in 2022. However, the transit-time segment is anticipated to register a higher CAGR during the forecast period.

By end user, the medical ultrasound flow meter market is segmented into hospitals and clinics, ambulatory surgical centers, research laboratories, and others. The hospitals and clinics segment held a larger market share in 2022. The increasing number of hospitals, adoption of advanced technology, developing healthcare infrastructure, and rising healthcare expenditure are factors contributing to the growth of the hospital segment. Clinics are smaller than hospitals; however, they offer almost all medical services. Most of the time, clinics are linked with universities and offer cost-effective services. People often choose to go to clinics as they provide inexpensive services and establish a positive environment for the patient. More than half of the cases of CVD, COPD, and organ transplants as are carried out in hospitals and clinics which need monitoring of flow rate.

However, the ambulatory surgical centers segment is anticipated to register a higher CAGR during the forecast period.

Arjo AB, PSG Dover, Moor Instruments Ltd, Transonic Systems Inc, Compumedics Ltd, Cook Medical, Holdings LLC, GF Health Products Inc, Sonotec Gmbh, Deltex Medical Ltd, Strain Measurement Devices Inc, Siemens AG, Perimed AB, and Sensirion Holding AG are among the key players operating in the global ultrasound flow meters market.

In February 2024, Sensirion Holding AG announced that its production facility in Debrecen, Hungary, would expand shortly. With the help of a build-to-suit partner, the facility added an area of 5,000 m2 to its production site. It is anticipated that the first phase of the production facility expansion will be completed by the fourth quarter of 2024 and the second phase by the first quarter of 2025. Improving the production facility will enable businesses to provide their clients with high-quality sensor modules.

In April 2023, Sonotec GmbH presented SONOTEC with new sensor sizes to cover a wider range of biopharmaceutical applications. The new flow meter series sets a new standard in non-contact flow measurement, especially for bioprocessing.

In June 2022, Sonotec GmbH enhanced its SONOFLOW CO.55 non-contact flow meter to increase the efficiency across PAT-related upstream and downstream processes in biotechnology applications. The new SONOFLOW CO.55 V3.0 sensor combines outstanding measurement accuracy and the highest clamp-to-clamp repeatability.

The scope of the rapid test kits market report covers North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

In 2022, North America accounted for the largest market share. The market growth in this region is driven by rising prevalence of cardiovascular diseases and respiratory diseases and growing strategic developments. The North American medical ultrasound flow meter market is segmented into the US, Canada, and Mexico. US held the largest market share in the North American region owing to factors such as increasing chronic kidney diseases and the prevalence of the geriatric population in the US. Additionally, the growing number of organ transplantation cases is projected to surge the demand for medical ultrasound flow meters in the North America region. According to the 2019 data from the Canadian Organ Replacement Register (CORR), a total of 3,014 organ transplant procedures were performed in Canada.

Moreover, the Asia Pacific region is expected to witness fastest growth during the forecast period. The Asia Pacific medical ultrasound flow meter market is segmented into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. Favorable government initiatives, increasing awareness, growing organ donations, and rising incidence of chronic diseases leading to a higher risk of organ failure are among the key factors expected to benefit the market. Furthermore, strategic initiatives by the key players and increasing availability of advanced products are anticipated to strengthen the market. China held the largest market share by country, whereas India is expected to witness fastest growth in the Asia Pacific medical ultrasound flow meter market. The rising geriatric population, surging demand for medical nutrition, high prevalence of cancer, and an increasing number of diagnostic and treatment services for chronic disorders are the key factors contributing to India's medical ultrasound flow meter market growth.

According to the International Diabetes Federation's (IDF) Diabetes Atlas, more than 124.8 million adults in India are expected to suffer from diabetes by 2045, a significant increase from the figure of ~74.1 million people in 2021.

Initiatives and awareness programs to increase organ donations and organ transplantation procedures are also projected to benefit the market. For example, the Ministry of Health and Family Welfare (MoHFW) program focuses on increasing awareness, educating more people about kidney disease management, and empowering patients through its website.

Therefore, the factors mentioned above will most likely favor the growth of the medical ultrasound flow meter market in the Asia Pacific region.




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