Ultrasonic Air in Line Sensor Market - Global Industry Analysis

Ultrasonic Air in Line Sensor Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-5614 Status : Upcoming

Description

Global Ultrasonic Air in Line Sensor Market: Overview

Ultrasonic air in line sensor accurately detects the presence of air bubbles within the tubing that are been used in fluid delivery systems in the medical field. The ultrasonic air in line sensor has a wide range of applications in the medical market that include dialysis, blood transfusion, contrast injection, liquid drug handling, and many more. Even a small amount of air results in gas or air embolism that enters into bloodstream and forms bubbles. If this occurs in mid of the surgery or transfusion through the venous or arterial fluid line, the bubble may block the flow of the blood and cause a heart attack or stroke. Hence, detection of air bubbles is essential and ultrasonic air in line sensor plays a vital role in the medical sector.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Ultrasonic Air in Line Sensor Market: Growth Factors

Factors such as the rising number of transfusion & surgeries, growing investment in R&D, and the vital role of medical sensors are fueling the growth of the global ultrasonic air in line sensor market. In addition to this, there is a rising prevalence of chronic kidney diseases. The US has the highest number of people suffering from kidney failure. As per the data of the National Kidney Foundation, more than 2 million people across the world are receiving treatment with dialysis or undergoing a kidney transplant. Thus, it is necessary to detect bubbles during the process of dialysis or surgery of a kidney transplant. This leads to the huge demand for the ultrasonic air in line sensor thereby boosting the growth of the global market. Moreover, the rising focus of the manufacturers to improve the product quality and receive the ISO 13485 certification that is mandatory to deploy the air in line sensors of high quality is also contributing to the growth of the global ultrasonic air in line sensor market. Furthermore, rising funding from the government to the healthcare sector as well as growing adoption of the latest medical technologies by the private sector will provide ample growth opportunities for the growth of the global market during the forecast period. However, the high cost associated with the sensor may hinder the growth of the market in low or middle-income countries.

The current Covid-19 pandemic situation has adversely affected the growth of the global ultrasonic air in line sensor market. Factors such as fewer hospital visits by the patients suffering from cardiological and urological problems to avoid the infection of Covid-19 and shift in the treatment preference for Covid-19 patients are contributing to the slow growth of the market. Furthermore, strict lockdowns and restrictions on personnel movement imposed by several governments around the world have led to the disruption of the supply chain which has resulted in a shortage of the product in the market. However, the global ultrasonic air in line sensor market situation is expected to get back on its track by the end of the year 2020.

Global Ultrasonic Air in Line Sensor Market: Segmentation

The global ultrasonic air in line sensor market is bifurcated based on type, application, end-user, and region. Based on the type, the global ultrasonic air in line sensor market is divided into standalone chip-level integration and prototype configuration. The application segment is split into dialysis & transfusions, blood separators, heart-lung machines, diagnostic systems, pumps for medical technology, and other devices. The end-user segment is classified into hospitals, home care settings, and academic & research institutes.

Global Ultrasonic Air in Line Sensor Market: Regional Analysis

North America is expected to hold a major share of the global ultrasonic air in line sensor market. Factors such as the presence of a well-established healthcare sector, growing demand for advanced medical technologies, and the presence of key players in this region are expected to boost the market in this region. However, the Asia Pacific region is anticipated to grow with the highest CAGR over the forecast period. The factors that are expected to boost the market growth in this region include the growing adoption of advanced medical devices, the rising need for specialty equipment due to increasing cases of chronic diseases, and rising funding in healthcare sectors mainly in India and China.

Global Ultrasonic Air in Line Sensor Market: Competitive Players

SONOTEC Ultraschallsensorik Halle GmbH, Biosonix Ltd, TE Connectivity Ltd, CeramTec GmbH, Piezo Technologies, Sensaras LLC, Introtek International, Moog, Inc., Strain Measurement Devices, Inc., and ClearLine MD are some of the major players in the global ultrasonic air in line sensor market.

Global Ultrasonic Air in Line Sensor Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

Factors such as the rising number of transfusion & surgeries, growing investment in R&D, and the vital role of medical sensors are fueling the growth of the global ultrasonic air in line sensor market. Furthermore, rising funding from the government to the healthcare sector as well as growing adoption of the latest medical technologies by the private sector will provide ample growth opportunities for the growth of the global market during the forecast period.

SONOTEC Ultraschallsensorik Halle GmbH, Biosonix Ltd, TE Connectivity Ltd, CeramTec GmbH, Piezo Technologies, Sensaras LLC, Introtek International, Moog, Inc., Strain Measurement Devices, Inc., and ClearLine MD are some of the major players in the global ultrasonic air in line sensor market.

North America is expected to hold a major share of the global ultrasonic air in the line sensor market. Factors such as the presence of a well-established healthcare sector, growing demand for advanced medical technologies, and the presence of key players in this region are expected to boost the market in this region.

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