Global Plethysmograph Market 2019-2023
Global Plethysmograph Market: About this market
A plethysmograph is a medical device used for measuring volume fluctuations in an organ or whole-body using blood pressure cuffs and sensors through which vascular and lung diseases can be diagnosed. Technavio’s plethysmograph market analysis considers sales from segments including baby and adult. Our analysis also considers the sales of plethysmograph in Asia, Europe, North America, and ROW. In 2018, the adult segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing use of plethysmograph to measure dietary levels and DVT levels in pregnant women will play a significant role in the adult segment to maintain its market position. Also, our global plethysmograph market report looks at factors such as the increasing incidence and prevalence of lung and vascular diseases, high demand for advanced diagnostic devices, and increasing awareness about plethysmographs. However, limitations and complications associated with plethysmographs, availability of alternatives, and the presence of stringent regulations may hamper the growth of the plethysmograph industry over the forecast period.
Global Plethysmograph Market: Overview
High demand for advanced diagnostic devices
There is an increase in the demand for advanced diagnostic devices for vascular diseases at early stages to provide effective treatment. Plethysmographs are such advanced diagnostic devices that are extensively used in hospitals and clinics for diagnosing lung diseases. The growing use of plethysmographs will lead to the expansion of the global plethysmograph market at a CAGR of over 3% during the forecast period.
Advent of next-generation plethysmographs
The use of conventional plethysmographs can result in misinterpretation of test results. This is motivating manufacturers to develop next-generation plethysmographs that have advanced software features and latest hardware design to ensure highly accurate results. This development is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global plethysmograph market during the forecast period 2019-2023, click here.
With the presence of several major players, the global plethysmograph market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plethysmograph manufacturers, that include COSMED Srl, GANSHORN Medicine Electronic GmbH, Geratherm Medical AG, Medical Electronic Construction, and Vyaire Medical Inc.
Also, the plethysmograph market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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