Transcranial Doppler Market to grow at a CAGR of 6.3% during 2024-2028
The Transcranial Doppler Market is expected to grow at a CAGR of 6.3% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 39.74 million. In the Transcranial Doppler market, vendors are providing advanced technology solutions with a focus on portable, lightweight, and ergonomic transcranial doppler systems. Rimed, for instance, offers user-friendly transcranial doppler systems. The Digi-One device, a portable and intuitive digital transcranial doppler, delivers diagnostic solutions for modern neurovascular laboratories and neurosonography. It measures blood flow velocity in the brain and detects stenosis and emboli. Digi-One also offers the Digi-Lite IP, an optional add-on imaging probe, enabling physicians to perform comprehensive diagnostic studies of intracranial and transcranial blood vessels via Internet Protocol connectivity.
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Technavio analysts predict that the Hospitals subsegment will lead the End-user segment during 2024 and 2028 The hospital sector holds a substantial share in the Transcranial Doppler (TCD) market due to the heightened demand for intraoperative brain monitoring during surgical procedures. Hospitals, with their extensive capabilities to deliver specialized patient care, are well-positioned to accommodate the adoption of advanced TCD equipment. Equipped with skilled neurodiagnostic technicians and access to sophisticated diagnostic tools like magnetic TCD systems, hospitals are capable of providing comprehensive neurological care. Moreover, their substantial financial resources enable them to invest in and maintain capital-intensive TCD devices. The segment's growth is further fueled by the increasing incidence of neurological disorders, the emphasis on early diagnosis, and favorable reimbursement policies for hospitals.
Here are the various ways based on which the market is segmented:
There are several factors that are causing the market to flourish growing use of transcranial doppler systems in detecting sickle cell disease
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Transcranial Doppler (TCD) is a non-invasive diagnostic procedure using Doppler ultrasound technology to assess blood flow in the arteries of the brain. This imaging technique employs ultrasound waves that bounce off the cranium to measure the direction and velocity of blood flow in the arteries. TCD is widely used in both research and clinical settings to diagnose various cerebrovascular disorders, including ischemic cerebrovascular disorders, sickle cell disorders, cerebral circulatory arrest, arteriovenous malformations, subarachnoid hemorrhage, emboli, and stenosis. In clinical settings, TCD is used to monitor blood flow velocity in patients with neurological conditions, such as stroke, transient ischemic attack, and brain injury. In research settings, it is used to study the physiology of the brain and to evaluate the effectiveness of various treatments for cerebrovascular diseases. TCD is a point-of-care service that is non-invasive, safe, and cost-effective, making it an essential tool in the diagnosis and management of various brain-related conditions.
In the global market landscape, Technavio positions the Transcranial Doppler market as a segment of the expansive Healthcare Equipment industry. This sector encompasses organizations involved in the research and development (R&D) of various product categories, such as capital equipment, instruments, implants, accessories, and consumables. These products are integral to the diagnosis, monitoring, and treatment of numerous diseases. The Healthcare Equipment market's size is determined by the consolidated revenue generated by manufacturers of diagnostic equipment and devices. The Healthcare Equipment industry is segmented into Devices, which includes advanced, differentiated, and clinically validated data-driven devices.
The Transcranial Doppler Market is experiencing significant growth, fueled by the growing use of transcranial doppler systems in detecting sickle cell disease. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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