Blood Viscometer Market Share

North American Market Forecast

The blood viscometer market in the North America region is expected to hold the largest revenue share of about 30% during the forecast period. Because of the expanding number of illness diagnostic procedures including viscosity and rheology analysis, technical improvements, increased packaged food consumption, and the presence of large companies, North America is predicted to have a considerable market share in the viscometer industry. The food packaging business in North America was valued at about 92 billion dollars in 2020. By 2028, the market is expected to be worth roughly 135.5 billion US dollars. The examined market is expanding as a result of the new product introductions in the area. For instance, RheoSense, Inc. introduced VROC Initium One Plus, the autonomous viscometer with the greatest level of accuracy, in August 2020.

European Market Statistics

Blood viscometer market in Europe is anticipated to hold second second-largest revenue share of about 25% during the forecast period. Europe prioritizes research and development to a similar extent-technological progress, such as the creation of lightweight, user-friendly gadgets. In the context of medicine and research, these new viscometers are highly valued since they provide measurements that are more precise and effective. All things considered, the market is moving toward more sophisticated and practical solutions.