[Research Report] The medical ultrasound flow meter market is projected to grow from US$ 192.04 million in 2022 to US$ 388.87 million by 2030, recording a CAGR of 9.2% during 2022–2030. The report includes growth prospects owing to the current medical ultrasound flow meter market trends and their foreseeable impact during the forecast period.

Market Insights and Analyst View

An ultrasonic flow meter detects the flow of a liquid or gas both in the direction of the flow and in the opposite direction by evaluating the ultrasonic wave transmissions sent through a pipe. In pharmaceutical labs, clamp-on style flow meters are used. These flow meters do not come in contact with the media, which is an essential requirement for lab testing, and they may be attached to flexible tubes.

A biopharmaceutical ultrasonic flow meter uses the transit time method for measuring flow rate. The calibration table on the device allows the user to customize the controls and carefully monitor and check every part of the flow operation.

Although blood flow is a crucial physiological metric, measuring it can be challenging. Blood flow velocity is highly variable and is dependent upon the blood vessel's diameter. The echo signal from blood erythrocytes forms the basis of an ultrasonic blood flow meter's operation. Before the ultrasonic signal reaches the receiver, it is dispersed by the blood cells. The frequency shift of the scattered wave provides an image of the velocity of the scatterers. The magnitude and direction of the flow velocity are determined using the Doppler flow meter. The ultrasonic signal is pulsed to guarantee the accuracy of the Doppler flow meter. The diameter and velocity of the bloodstream can be determined by range-gating the return signal. Thus, rising number of cardiovascular and respiratory diseases and increasing need for transplant procedures contribute to the expansion of the medical ultrasound flow meter market size. However, the high cost and low accuracy of ultrasonic flow meters impede the growth of the market.

Growth Drivers:

Increasing Need for Transplant Procedures Drives Medical Ultrasound Flow Meter Market

The growing incidence of organ failure across the globe due to various chronic health conditions such as cardiovascular disorders, genetic conditions, and diabetes has triggered the demand for organ transplant procedures. As per the Health Resources and Service Administration report 2020, 106,247 people, including men, women, and children, are on the national transplant waiting list in the US. Every 9 minutes, a person is added to the transplant list. As per the Global Observatory on Donation and Transplantation, ~129,681 organ transplantations were performed in 2020 globally. Furthermore, developments in healthcare facilities to enhance the success rates of transplant procedures and reduce organ rejection rates have fueled the demand for advanced organ transportation systems, subsequently contributing to the demand for medical ultrasound flow meters—critical components of organ transportation systems. The integration of ultrasonic flow meters into organ transportation systems emphasizes the growing importance of technology in medical and surgical applications to enhance the success rates of organ transplants. Ultrasonic flow meters in organ transportation systems are mainly used for advanced monitoring and preservation, which, in turn, extend the viability of organs and improve transplant outcomes. Thus, the increasing need for transplant procedures propels the medical ultrasound flow meter market growth.

Innovative medical devices generally hold the major portion of the upfront cost required for research and development, making clinical trials cost-intensive. Ultrasonic flow meters are high-tech instruments consisting of various integrated circuits and control systems, which, in turn, increase their cost. Costs are also higher due to the use of expensive acoustic parts. The cost of the ultrasonic flow meters ranges from US$ 1,500 to US$ 3,000. Further, shorter wavelengths and slightly lower accuracy than electromagnetic flow meters are among the other limitations of ultrasound flow meters. These flow meters may have problems while measuring fluids with air bubbles, which tend to interrupt the path of the sound signal. Therefore, the higher cost of ultrasound flow meters and lower accuracy than other suitable flow meter technologies are impeding the medical ultrasound flow meter market growth.

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Medical Ultrasound Flow Meter Market: Strategic Insights

Market Size Value in	US$ 192.04 million in 2022
Market Size Value by	US$ 388.87 million by 2030
Growth rate	CAGR of 9.2% from 2022 to 2030
Forecast Period	2022-2030
Base Year	2022

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Report Segmentation and Scope:

The medical ultrasound flow meter market analysis is performed by considering the following segments: implementation type, technology, application, and end user.

Segmental Analysis:

By implementation type, the medical ultrasound flow meter market is segmented into clamp-on, inline, and others. The clamp-on segment held the largest market share in 2022. It is anticipated to register the highest CAGR of 9.6% during 2022– 2030. Noninvasive or external ultrasonic flow meters, commonly known as clamp-on ultrasound/ultrasonic flow meters, provide a special way to measure flow rate without the need for cutting the pipe or stopping the flow. These meters use transducers clamped on the outside of the pipe to send and receive ultrasonic signals through the pipe wall. Clamp-on ultrasonic flow meters frequently employ the transit-time approach to measure flow velocity without direct contact with the fluid.

By technology, the market is segmented into Doppler, transit-time, and hybrid. The Doppler segment held the largest medical ultrasound flow meter market share in 2022. The transit-time segment is anticipated to register the highest CAGR of 9.7% during 2022– 2030. Doppler ultrasound is a noninvasive test used to measure the blood flow through the blood vessels. It bounces high-frequency sound waves off the red blood cells circulating in the bloodstream. Regular ultrasound waves manage to produce images but cannot estimate the blood flow rate, whereas a Doppler ultrasound can estimate how fast blood flows by determining the rate of change in its frequency. For instance, when pulses are not palpable, a Doppler ultrasound flow meter can be used to determine the health of veins and arteries by hearing the pulsations over the dorsalis pedis and posterior tibial arteries.

Medical Ultrasound Flow Meter Market, by Technology – 2022 and 2030

Access Data

The market, by application, is categorized into lung machines, extracorporeal membrane oxygenation, perfusion, organs transportation system, and others. The heart and lung machines segment held the largest medical ultrasound flow meter market share in 2022 and is anticipated to register the highest CAGR of 10.2% during 2022–2030. 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.

The medical ultrasound flow meter market, by end user, is categorized into hospitals and clinics, ambulatory surgical centers, research laboratories, and others. The hospitals and clinics segment held the largest market share in 2022. The ambulatory surgical centers segment is anticipated to register the highest CAGR of 10.0% during the forecast period. The growth of hospitals and clinics for public service is the main factor contributing to the growth of the medical ultrasound flow meter market.

Regional Analysis:

The scope of the medical ultrasound flow meter market report includes North America, Europe, Asia Pacific, Middle East & Africa, and 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 by market players.

Competitive Landscape and Key Companies:

The medical ultrasound flow meter market forecast can help stakeholders in this marketplace plan their growth strategies. 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 prominent companies profiled in the medical ultrasound flow meter market report. These companies focus on developing new technologies, upgrading existing products, and expanding their geographic presence to meet the growing consumer demand worldwide. As per company press releases, below are a few recent developments:

• 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.