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Major Force in the Blood Viscometer Market 2025: Rising Cardiovascular Disease Prevalence Driving Growth Of Blood Viscometer Market
How Will the Blood Viscometer Market Grow, and What Is the Projected Market Size?There has been significant growth in the size of the blood viscometer market in the recent past. The market, which was worth $1.69 billion in 2024, is projected to hit $1.79 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. Factors contributing to the accelerated growth during the historic period include diagnostic technology advancements, an amplified focus on managing diabetes, the increasing prevalence of knowledge on blood disorders, a growing older population, and the emergence of personalized medicine.
The market for blood viscometers is projected to exhibit substantial growth in the forthcoming years. It is anticipated to expand to $2.22 billion by 2029, with a compound annual growth rate (CAGR) of 5.6%. Factors contributing to this predicted growth during the forecast period include the advent of portable viscometers, an increased emphasis on preventive healthcare, the growth of point-of-care testing, a surge in investments towards healthcare infrastructure, and an expansion in clinical research and drug development. Notable trends expected during this period include the infusion of digital and smart technologies, a growing demand for non-invasive testing methods, a rising need in the management of chronic diseases, the invention of automated viscometers, and increased research focused on blood disorders and their treatments.
What Key Elements Are Boosting Growth in the Blood Viscometer Market?
The growth of the blood viscometer market is projected to be largely driven by the growing incidence of cardiovascular disease. This disease affects the heart and blood vessels, contributing to heart attacks, strokes, and other heart-related disorders. Largely due to lifestyle choices such as poor nutrition, lack of physical activity, smoking, and rising obesity and diabetes rates, together with aging populations, the incidence of cardiovascular disease is increasing. The blood viscometer, which measures blood viscosity, plays a vital role in cardiovascular disease, allowing doctors to determine how thin or thick the blood is. This can affect circulation and heighten the risk of heart attacks, strokes, and blood clots. For instance, a report by the American College of Cardiology published in August 2022 projected that the four major cardiovascular risk factors would increase from 2025 to 2060 in the United States. Diabetes is predicted to have the highest percentage increase, with a rise of 39.3% to 55 million people, followed by dyslipidemia (27.6% to 126 million), hypertension (25.1% to 162 million), and obesity (18.3% to 126 million). Hence, the increasing incidence of cardiovascular disease is propelling the growth of the blood viscometer market.
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Who Are the Major Industry Players Fueling Blood Viscometer Market Expansion?
Major companies operating in the blood viscometer market are Thermo Fisher Scientific Inc., Emerson Electric Co, Xylem Analytics, PerkinElmer Inc., Qualitest, Anton Paar GmbH, AMETEK Brookfield, BYK Gardner, PAC LP., CANNON Instrument Company, Koehler Instrument Company Inc., PCE Instruments, RheosenseInc., Orbit Research Associates Pvt. Ltd., Swastik Systems & Services, Lamy Rheology, Fann Instrument Company, Labomat Essor., Edutek Instrumentation, Lasany International
Which Key Developments Are Influencing the Blood Viscometer Market?
Key players in the blood viscometer market are concentrating on the creation of innovative products like automated viscometers to strengthen their competitive position. Automated viscometers are devices that measure the viscosity of liquids on their own, eliminating the need for manual processes. As an example, the French electronics manufacturing firm, Sofraser, released the INVI viscometer in March 2023. The INVI viscometer is designed compactly for inline use, thereby enabling constant viscosity measurement in real-time without manual sampling. The device stands out in durability and can deliver precise results even under harsh industrial settings. It also promises a low-maintenance operation with minimal wear and tear. Additionally, the INVI viscometer can be seamlessly incorporated into current systems to enhance process control.
How Is the Segmentation of the Blood Viscometer Market Defined?
The blood viscometermarket covered in this report is segmented -
1) By Product: Rotational Viscometers, Capillary Viscometers, Other Products
2) By Application: Blood Viscosity Measurement, Plasma Viscosity Measurement, Other Applications
3) By End User: Hospitals, Diagnostic Centers, Research Institutes, Other End Users
Subsegments:
1) By Rotational Viscometers: Brookfield Viscometers, Cone-And-Plate Viscometers, Digital Rotational Viscometers
2) By Capillary Viscometers: Ostwald Viscometers, Ubbelohde Viscometers, Microcapillary Viscometers
3) By Other Products: Vibro Viscometers, Optical Viscometers, Falling Ball Viscometers
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What Is the Leading Region in the Blood Viscometer Market?
North America was the largest region in the blood viscometer market in 2024. The regions covered in the blood viscometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Blood Viscometer Global Market Report?
- Market Size Analysis: Analyze the Blood Viscometer Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Blood Viscometer Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Blood Viscometer Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Blood Viscometer Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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