LAMEA Ultrasonic Air Bubble Detectors Market Size, Share & Industry Trends Analysis Report By Application (Medical Technologies, Foodstuffs Industry, Pharmaceutical Industry, Automation & Process Control), By Product, By Country and Growth Forecast, 2023 - 2030
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Market Report Description
The Latin America, Middle East and Africa Ultrasonic Air Bubble Detectors Market would witness market growth of 10.2% CAGR during the forecast period (2023-2030).
The benefits of using ultrasonic air bubble detectors in medical applications include low investment costs, quick setup, accelerated processing times, reduced contaminant concerns, and reduced cleaning requirements. These factors primarily boost the market.
The advantages of ultrasonic air bubble detectors in conventional delivery systems and the advancements in temperature-compensated ultrasonic air bubble sensors to overcome the limitations of shifting temperatures all contribute to the target market's expansion. Also, ultrasonic air bubble detectors have the benefit of detecting non-invasive air pressure in applications involving disposable hard objects. The market is anticipated to benefit from growth prospects throughout the forecast period.
In the upcoming years, consumer acceptance will be fuelled by the rising demand for these detectors in healthcare institutions. The rise in the prevalence of chronic diseases, the rising demand for less invasive operations, and the expanding usage of intravenous drug delivery systems are all factors contributing to growth. These detectors are used to find air bubbles in liquids that could lead to flaws in the result. During the projection period, industries are going to a rise in the usage of these detectors due to the rising need for high-quality automated products.
According to the UAE government, the Federal Law No. 10 of 2015 on Food Safety establishes criteria and rules to ensure the food's safety and quality while protecting the general public's health and consumers. Those found to compromise food safety in the UAE face severe penalties under the law. Some components of food legislation include laws that restrict the import of food into the country for the first time.
Such strict laws have resulted in the increasing usage of protective devices like ultrasonic air bubble detectors. Spending on non-alcoholic beverages is anticipated to rise nominally from SAR17.0bn (USD4.5bn) in 2021 to SAR19.0bn (USD5.1bn) in 2025, an average annual growth rate of 2.8% year-over-year. This market is predicted to develop due to the expansion of food safety laws and the growth of the food and beverage industry.
The Brazil market dominated the LAMEA Ultrasonic Air Bubble Detectors Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.7 million by 2030. The Argentina market is anticipated to grow at a CAGR of 10.8% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 9.9% during (2023 - 2030).
Based on Application, the market is segmented into Medical Technologies, Foodstuffs Industry, Pharmaceutical Industry, Automation & Process Control, and Others. Based on Product, the market is segmented into Fixed, and Adjustable. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TE Connectivity Ltd., Moog, Inc., Meggitt PLC (Parker Hannifin Corporation), Amphenol Corporation (Piezo Technologies), SONOTEC GmbH, Strain Measurement Devices, Siansonic Technology Limited Biosonix, Introtek International, Sensaras LLC
Scope of the Study
Market Segments Covered in the Report:
- Medical Technologies
- Foodstuffs Industry
- Pharmaceutical Industry
- Automation & Process Control
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- TE Connectivity Ltd.
- Moog, Inc.
- Meggitt PLC (Parker Hannifin Corporation)
- Amphenol Corporation (Piezo Technologies)
- SONOTEC GmbH
- Strain Measurement Devices
- Siansonic Technology Limited
- Introtek International
- Sensaras LLC
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