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Increasing Seaborne Trade Across The Globe To Propel Port Equipment Market

The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs. The global port equipment market size is expected to grow from USD 29.2 billion in 2018 to USD 36.6 million by 2023, at a CAGR of 3.30% during the forecast period. The major driving factors for the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Based on equipment type, the straddle carriers segment is estimated to lead the port equipm
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Blood Flow Measurement Devices Market Is Poised To Reach 533.0 Million USD by 2021

The global blood flow measurement devices market size is projected to reach USD 533.0 Million by 2021 from USD 343.6 Million in 2016, growing at a CAGR of 9.2% in the next five years (2016 to 2021).  Growth in the blood flow measurement devices market is likely to be centered in the Asia-Pacific region. Blood flow measurement devices are used to measure the volume rate of blood flow, which helps physicians to maintain equilibrium between blood supply and demand of tissue oxygen of patients. The measurement of blood flow helps in identifying blockages in the blood vessels and testing artificial blood vessels during organ transplantation, among others.



The global blood flow measurement devices market is segmented based on product, application, and region. Based on product, the blood flow measurement devices market is categorized into ultrasound and laser Doppler. In 2016, the ultrasound segment commanded the largest share of the global blood flow measurement device market.


According to the International Diabetic Federation, India has one of the highest diabetic populations in Asia. In 2015, the number of diabetes cases in the country was 69.1 million; this is expected to reach 123.5 million cases by 2040. Diabetes leads to long-term complications such as cardiovascular disease, chronic renal failure, and diabetic retinopathy that are related to the damage of blood vessels.

Blood flow measurement devices are used to assess blood flow changes in the human body, which helps in better understanding the vascular changes. In addition, according to the World Health Organization, non-communicable diseases account for 53% of the total deaths in India, of which cardiovascular diseases (CVD) accounted for 24% of all deaths in 2011. Similarly, in China, the population segment (aged above 65 years) is expected to reach 370 million by 2050 from 138 million in 2014 (Source: United Nations Department of Economic and Social Affairs). Due to the rapid growth in the aging population, the prevalence of CVDs and related heart diseases is expected to increase. The prevalence of cardiovascular disease in China is expected to increase by more than 50% between 2010 and 2030.


The key players in the blood flow measurement devices market include Cook Medical, Inc. (U.S.), Medistim ASA (Norway), Transonic Systems, Inc. (U.S.), ADInstruments (Australia), Moor Instruments Ltd. (U.K.), Deltex Medical Group plc (U.K.), BIOPAC Systems, Inc. (U.S.), Atys Medical (France), Compumedics Ltd. (Australia), Perimed AB (Sweden), and SONOTEC Ultraschallsensorik Halle GmbH (Germany).

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