The global blood viscometer market is expected to post a CAGR of over 6% during the period 2019-2023, according to the latest market research report by Technavio
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190122005602/en/
Technavio has released a new market research report on the global blood viscometer market for the period 2019-2023 (Graphic: Business Wire)
A key factor driving the growth of the market is the increasing vascular diseases. Blood viscometer plays a crucial role in assessing blood viscosity, which will further provide valuable information regarding the risk of vascular disorders. The blood viscosity test determines the blood flow conditions throughout the vasculature and analyzes the risk of vascular symptoms, depending on the blood viscosity rates in the organ. Blood viscometer also evaluates plasma viscosity to diagnose rheumatic disease and inflammation.
As per Technavio, increasing growth opportunities in emerging economies will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global blood viscometer market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Global blood viscometer market: Increasing growth opportunities in emerging economies
The primary focus of the vendors is on expanding their business in the products required for the diagnosis and treatment of vascular diseases owing to the increasing number of vascular diseases in emerging countries. For example, in Asia, particularly in China and India, there is a continuous increase in the incidence and prevalence of vascular diseases which is the leading cause of mortality in these countries.
"In countries such as India, Ischemic heart disease and stroke are the primary causes of cardiovascular diseases and are responsible for more than 75% of all vascular deaths. Additionally, the expansion of R&D and manufacturing facilities will improve the existing product portfolio of vendors and aid in new product launches, thus, augmenting the growth opportunities of vendors in this market," says a senior analyst at Technavio.
Global blood viscometer market: Segmentation analysis
This market research report segments the global blood viscometer market by end-user (hospitals, diagnostic laboratories, and others) and geographical regions (APAC, EMEA, and the Americas).
The hospitals segment held the largest market share in 2018, accounting for 42% of the market. This end-user segment is expected to dominate the global market throughout the forecast period.
The Americas led the market in 2018 with a market share of nearly 45%. This region is expected to dominate the market through 2023.
Looking for more information on this market? Request a free sample report
Technavio's sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20190122005602/en/
Contacts:
Technavio Research
Jesse Maida
Media Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com
