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Skin Perfusion Pressure Testing Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Skin Perfusion Pressure Testing Devices market is segmented by Product Type (Ultrasound Skin Perfusion Pressure Testing Devices, Laser doppler Skin Perfusion Pressure Testing Devices, Photoplethysmography Skin Perfusion Pressure Testing Devices devices), Mode (Cart-based devices, Portable devices), End-User (Hospitals, Ambulatory Surgical Centers, Others), and Geography

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Skin Perfusion Pressure Testing Devices Market Size

SPPTD
Study Period 2019 - 2029
Market Size (2024) USD 206.82 Million
Market Size (2029) USD 336.59 Million
CAGR (2024 - 2029) 10.23 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Skin Perfusion Pressure Testing Devices Market

*Disclaimer: Major Players sorted in no particular order

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Skin Perfusion Pressure Testing Devices Market Analysis

The Skin Perfusion Pressure Testing Devices Market size is estimated at USD 206.82 million in 2024, and is expected to reach USD 336.59 million by 2029, growing at a CAGR of 10.23% during the forecast period (2024-2029).

Certain factors that are driving the market growth include rising prevalence of peripheral artery disease, increasing prevalence of diabetes, and technological advancements.

Peripheral arterial disease (PAD) is caused by a narrowing or blocking of the blood vessels due to a plaque build-up. This condition can lead to tissue death, heart stroke, aneurysms, or kidney diseases, if left untreated. According to the latest available report published by the National Institute of Health, one in every 20 Americans, who are over the age of 50, has PAD. It has been affecting 8 to 12 million people in the United States, especially those over 50 years. As the population is growing, the prevalence of the disease is also increasing, which could grow from 9.6 million to reach 19 million overall, globally by 2050. With the aging of the global population, it seems likely that PAD will be increasingly common in the future. Hence, the statistics show that the number of PAD is increasing at a faster pace, which is ultimately driving the market of Skin Perfusion Pressure Testing Devices. Other factors, such as the rising prevalence of diabetes and the technological advancements have broadened the range of the Skin Perfusion Pressure Testing Devices.

Skin Perfusion Pressure Testing Devices Market Trends

This section covers the major market trends shaping the Skin Perfusion Pressure Testing Devices Market according to our research experts:

Ambulatory Surgical Centers show Lucrative Opportunity in the Global Skin Perfusion Pressure Testing Devices Market

  • Ambulatory center means a facility, located in or apart from a hospital, that provides, under the direction of a licensed physician, either diagnosis or treatment, or both, to ambulatory patients in need of medical, surgical, or mental care.
  • Throughout the past few decades, the treatment of peripheral artery diseases, diabetic foot ulcers, etc. has been increasingly prioritized by the global health community or governments even in low- and middle-income countries. As a result, the demand for skin perfusion pressure testing has risen significantly, in order to address the global disease burden, thus leading to a rise in the utilization and adoption of Skin Perfusion Pressure Testing Devices.
  • Over the past few years, with the move to value-based care, hospitals and healthcare systems are facing extreme competition from outpatient service sites, particularly those which offer physician office-based procedures, and ambulatory surgery. Gaining in popularity across the globe, Ambulatory Surgical Centers provide both operational and economic efficiencies, enabling ease of patient access, very competitive pricing, and increased opportunities for physician engagement. Hence, owing to all the aforementioned factors, the studied market is expected to increase in the future.
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North America Dominates the Global Skin Perfusion Pressure Testing Devices Market

North American dominates the Skin Perfusion Pressure Testing Devices products market primarily due to the rising incidence of cardiovascular and other chronic diseases, growing geriatric population, and the strong presence of industry players in the region.

According to the International Journal of Epidemiology, 2019, around 610,000 people die due to one or the other heart diseases annually in the United States. Furthermore, approximately 735,000 people in the United States experience heart attack each year.

Asia-Pacific is anticipated to grow tremendously during the forecast period, owing to factors, such as a high prevalence of diabetes, a growing obese population, and government initiatives of raising awareness regarding healthcare. According to IDF, in 2019, USD 324.5 billion was spent on diabetes in the region, which is 42.7% of the total global health expenditure on diabetes.

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Skin Perfusion Pressure Testing Devices Industry Overview

The global Skin Perfusion Pressure Testing Devices market is competitive and consists of a few major players. Companies like ADInstruments, CorVascular Diagnostics, LLC, Koven Technology, Moor Instruments Limited, Perimed AB, Promed Group, Vasamed, Viasonix, among others, hold the substantial market share in the market.

Skin Perfusion Pressure Testing Devices Market Leaders

  1. Moor Instruments Limited

  2. ADInstruments

  3. Viasonix

  4. Perimed AB

  5. CorVascular Diagnostics, LLC.

*Disclaimer: Major Players sorted in no particular order

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Skin Perfusion Pressure Testing Devices Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rising Prevalence of Peripheral Artery Diseases

      2. 4.2.2 Increasing Prevalence of Diabetes

      3. 4.2.3 Technological Advancements

    3. 4.3 Market Restraints

      1. 4.3.1 Lack of Skilled Personnels

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Ultrasound skin perfusion pressure testing devices

      2. 5.1.2 Laser doppler skin perfusion pressure testing devices

      3. 5.1.3 Photoplethysmography skin perfusion pressure testing devices

    2. 5.2 By Mode

      1. 5.2.1 Cart-based devices

      2. 5.2.2 Portable devices

    3. 5.3 By End-User

      1. 5.3.1 Hospitals

      2. 5.3.2 Ambulatory surgical centers

      3. 5.3.3 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 United Kingdom

        3. 5.4.2.3 France

        4. 5.4.2.4 Italy

        5. 5.4.2.5 Spain

        6. 5.4.2.6 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Australia

        5. 5.4.3.5 South Korea

        6. 5.4.3.6 Rest of Asia-Pacific

      4. 5.4.4 Middle-East and Africa

        1. 5.4.4.1 GCC

        2. 5.4.4.2 South Africa

        3. 5.4.4.3 Rest of Middle-East and Africa

      5. 5.4.5 South America

        1. 5.4.5.1 Brazil

        2. 5.4.5.2 Argentina

        3. 5.4.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 ADInstruments

      2. 6.1.2 CorVascular Diagnostics, LLC

      3. 6.1.3 Koven Technology

      4. 6.1.4 Moor Instruments Limited

      5. 6.1.5 Perimed AB

      6. 6.1.6 Promed Group

      7. 6.1.7 Vasamed

      8. 6.1.8 Viasonix

    2. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Skin Perfusion Pressure Testing Devices Industry Segmentation

Skin Perfusion Pressure (SPP) is the pressure required for restoring microcirculatory blood flow following release of carefully controlled occlusion. Skin perfusion pressure testing devices are non-invasive vascular testing devices that are used to measure this SPP.

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Skin Perfusion Pressure Testing Devices Market Research FAQs

The Skin Perfusion Pressure Testing Devices Market size is expected to reach USD 206.82 million in 2024 and grow at a CAGR of 10.23% to reach USD 336.59 million by 2029.

In 2024, the Skin Perfusion Pressure Testing Devices Market size is expected to reach USD 206.82 million.

Moor Instruments Limited, ADInstruments, Viasonix, Perimed AB and CorVascular Diagnostics, LLC. are the major companies operating in the Skin Perfusion Pressure Testing Devices Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Skin Perfusion Pressure Testing Devices Market.

In 2023, the Skin Perfusion Pressure Testing Devices Market size was estimated at USD 187.63 million. The report covers the Skin Perfusion Pressure Testing Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Skin Perfusion Pressure Testing Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Skin Perfusion Pressure Testing Devices Industry Report

Statistics for the 2024 Skin Perfusion Pressure Testing Devices market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Skin Perfusion Pressure Testing Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Skin Perfusion Pressure Testing Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)