Unlocking the Future of the Blood Viscometer Market: Growth Rate, Key Trends, and Opportunities for 2025-2034
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How has the blood viscometer market grown in recent years?
The blood viscometer market has experienced strong expansion, projected to increase from $1.69 billion in 2024 to $1.79 billion in 2025, reflecting a CAGR of 5.9%. Factors contributing to past growth include advancements in diagnostic technology, a greater focus on diabetes management, rising awareness of blood disorders, an aging population, and developments in personalized medicine.
How is the blood viscometer market size expected to evolve during the forecast period?
The blood viscometer market is projected to see strong growth, reaching $2.22 billion by 2029, with a CAGR of 5.6%. Growth is fueled by the introduction of portable viscometers, a shift towards preventive healthcare, expansion of point-of-care testing, increasing investments in healthcare infrastructure, and rising clinical research. Major trends include digital and smart technology integration, demand for non-invasive testing, automated viscometers, and research advancements in blood disorders and therapies.
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Which key drivers are propelling the blood viscometer market’s growth?
The growing prevalence of cardiovascular disease is expected to drive the blood viscometer market, as conditions like heart attacks and strokes are becoming more common due to lifestyle factors, aging populations, and rising obesity and diabetes rates. Blood viscometers help measure blood thickness, aiding in disease assessment and risk management. A 2022 report by the American College of Cardiology projected that all major cardiovascular risk factors in the U.S. will rise between 2025 and 2060, with diabetes increasing by 39.3% to 55 million individuals. This trend is expected to drive demand for blood viscometers, fueling market growth.
What are the market segments in the blood viscometer industry?
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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Which leading companies are shaping the growth of the blood viscometer market?
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
What key trends are currently impacting the blood viscometer market’s development?
Key players in the blood viscometer industry are concentrating their efforts on the development of innovative devices such as automated viscometers, to solidify their position in the market. Automated viscometers autonomously measure the viscosity of liquids, cutting out the need for human intervention. An example of this would be Sofraser, an electronics manufacturer from France, launching the INVI viscometer in March 2023. The INVI viscometer’s compact, inline build allows for continuous, on-the-spot viscosity readings without the need for manual sampling. It excels in durability, consistently delivering accurate readings even in harsh industrial environments, and requiring little to no maintenance due to minimal wear and tear. Additionally, it offers seamless integration with existing systems for more effective process administration.
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Which geographic areas are influencing the growth of 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.
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