Ankle-brachial Index Measurement Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
Global Ankle-brachial Index Measurement Market: Overview
Ankle-brachial index measurement is done to measure the severity or presence of peripheral artery disease (PAD). It has been a widely used technique for screening and diagnosis of heart disease, PAD, strokes, etc. It is the ratio of systolic pressure in the arms and systolic pressure in the ankle. Abnormal or high value of ankle-brachial index indicates chances of narrowed and blocked arteries in the legs or some other part of the body. Hence, it is a reliable procedure in the assessment of arterial blood flow, most commonly performed to check the success of ongoing treatment for heart disorders.
Global Ankle-brachial Index Measurement Market: Drivers and Restraints
Rise in prevalence of peripheral artery disorders, increase in number of manufacturers at the regional level, and introduction of multi-purpose ankle-brachial index screening tools incorporated with the BP measurement facility are expected to propel the ankle-brachial index measurement devices market during the forecast period. However, requirement of trained health care professional for screening of ankle-brachial index and preference for angiography to detect arterial disorders over ankle-brachial index measurement are likely to restrain the ankle-brachial index market from 2017 to 2025.
Global Ankle-brachial Index Measurement Market: Key Segments
The global ankle-brachial index measurement market can be segmented based on technology type and distribution channel. In terms of technology type, the global ankle-brachial index measurement market can be divided into oscillometric method and Doppler-assisted method. The Doppler-assisted method segment accounted for the highest market share in 2016, attributed to the ability of the method to provide complete assessment of limb circulation and high sensitivity. However, the need of specialized equipment to conduct ankle-brachial index measurement by Doppler method and long time required for the same are expected to boost demand for oscillometric method during the forecast period. The oscillometric method segment is projected to lead the Ankle-brachial index measurement market in terms of revenue during the forecast period due to its ability to simultaneously analyze the left & right ankle-brachial index for blood pressure and heart rate. Based on distribution channel, the global ankle-brachial index measurement market can be classified into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment accounted for the largest market share in 2016, attributed to rise in number of hospitalizations for cardiovascular disorders across the globe and improved distribution of cardiovascular diagnostic devices to hospital pharmacies by key suppliers. However, the online pharmacies segment is expected to expand at a high CAGR from 2017 to 2025, owing to rise in demand for precise and cost-effective screening tools for peripheral artery disorders and emergence of numerous online platforms offering diagnostic devices for vital signs measurement in attractive and cost-saving discounts.
Geographically, the global ankle-brachial index measurement market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America captured the largest Ankle-brachial index measurement market share in terms of revenue in 2016, owing to the strategic presence of key players engaged in the manufacture of vital signs measurement devices in the U.S. and rapid rise in the incidence of peripheral artery diseases (PAD). Europe was the second most prominent region in terms of revenue and Ankle-brachial index measurement market share in 2016. However, rise in geriatric population in Japan, China, and India, and favorable reimbursement policies are likely to propel the ankle-brachial index measurement market in Asia Pacific during the forecast period.
Global Ankle-brachial Index Measurement Market: Key Players
Key players operating in the global ankle-brachial index measurement market are Huntleigh Healthcare Limited, Medizinische Messtechnik GmbH, MESI, Bosch + Sohn GmbH u. Co. KG, Voden Medical Instruments SpA., Perimed AB, Microlife Corporation, Moor Instruments, enverdis GmbH, among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Healthcare
Pharmaceuticals and HealthcareGlobal Bionic Ears Market Professional Survey Report 2017
Pharmaceuticals and HealthcareNeuropsychiatric Disorder Cluster Drug Development Pipeline Review, 2017
Pharmaceuticals and HealthcareHepatitis Drug Development Pipeline Review, 2017