Test and Measurement Market Research

Total Records (1)

Blood Flow Measurement Devices Market By Product (Ultrasonic Doppler Blood Flow Meters, Laser Doppler Blood Flow Meters, Electromagnetic Blood Flow Meters, Nuclear Magnetic Resonance (NMR) Blood Flow Meters), By Application (Cardiovascular Diseases, Gastroenterology, Diabetes, Dermatology, Tumor Monitoring & Angiogenesis, Others) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

The global blood flow measurement devices market accounted for a value of US$ Mn in 2017 and expected to attain US$ Mn by 2026. Drivers responsible for the market growth are globally growing elderly population coupled with rising prevalence of chronic diseases, increasing preference from users for noninvasive devices, and mounting technological developments in blood flow meters.

29 Aug, 2018

Key Sectors

The market size for test and measurement equipment is projected to reach US $40 billion by 2030, expanding at a CAGR of 4% between 2023 to 2031. The performance of electronic devices is verified using test and measurement equipment. Testing identifies components that degrade prematurely owing to the device's exposure to external disturbances such as shocks, temperatures, vibrations, and varying ambient conditions. This research assists in anticipating equipment failure and performing calibration prior to significant damage. In other words, test and measurement instruments contribute to the enhancement of the durability, performance, precision, and efficacy of gadgets.
The utilization of semiconductor devices is on the rise. Original equipment manufacturers (OEMs), designers, and engineers are concentrating on the design of cutting-edge semiconductor devices with remarkable characteristics such as robotics and other sorts of sensors. Several industries, particularly consumer electronics, have a need for these devices. Due to the increased demand for consumer electronics such as flat-screen televisions, refrigerators, washing machines, smart watches, mobile phones, and air conditioners, mass production has become necessary.
In the past five years, worldwide internet penetration has seen a dramatic shift. The rise of the Internet of Things (IoT) and a platform for smart applications is a significant component in the expansion of the semiconductor industry as a whole. Around one-third of the global population currently uses high-bandwidth internet. This has finally led to an increase in the number of smart devices with internet connectivity in growing economies such as China, India, and Thailand. Differences in wireless local area network (WLAN), Bluetooth, ZigBee, and other wireless technologies fuel the growth of the market for test and measurement equipment since products based on these technologies must be evaluated to verify that they can communicate and interoperate flawlessly.
IoT is defined as a vast network of wired and wireless technological devices in operation. This network may include home appliances, physical objects, cars, and other embedded electronic devices; sensors, actuators, and software solutions. A diverse array of IoT-enabled linked devices are added to a network in order to ease the interchange, sharing, and interpretation of data required for key applications in the automotive, healthcare, and aerospace & military industries.

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