Market Trends of Pressure Transmitter & Transducer Industry
This section covers the major market trends shaping the Pressure Transmitter & Transducer Market according to our research experts:
Medical is Expected to Hold a Significant Market Share.
- Reliable hemodynamic and cardiovascular data is essential to measure the criticality of the patients. Pressure transducers are used to continuously relay blood pressure information from a pressure monitoring catheter (arterial line, central venous pressure line, or other pressure monitoring products) to the patient's monitoring system. This is a mission-critical application since a wrong reading can be fatal for the patient. This integration assures a very high degree of robustness and reliability. It also enables ease of use and space-saving that is much needed in Intensive Care Units and Operating Rooms.
- All medical waste must be compulsorily sterilized before it can enter municipal sewage and trash systems. Steam sterilizers, or autoclaves, are widely used for sterilization of medical instruments and the predisposal treatment of medical waste. Pressure transducers are critical to this process. Hospital steam sterilizers used in medical applications require that pressure transducers be compatible with high-pressure steam and biological contaminants. Pressure transducers engage in monitoring the pressure inside the sterilization chamber for regulation of steam quality. With the IoT connected devices riding, the adoption rate of smart pressure transducer will follow the same trend owing to its smart characteristics.
- Anesthesia machines reply to pressure transducers to supply accurate, continuous information on the state of oxygen and nitrous oxide feed pressure. Pressure Transducers are used in Anesthesia Machines for Medical, Health and Safety equipment in the following medical gas applications which includes Oxygen Hospital Supply Line Pressure Monitoring, Oxygen Backup Supply Pressure Monitoring, Nitrous Oxide Hospital Supply Line Pressure Monitoring, Nitrous Oxide Backup Supply Pressure Monitoring, Low Oxygen Pressure Monitoring for Alarm Signalingand Output Gas Mixture Pressure to the Patient Monitoring.
- CODAN offers invasive pressure monitoring systems, enabling healthcare professionals to diagnose existing disease, continuously monitor unstable patients, and control active therapies and their efficacy. Consisting of one or more pressure transducers, these systems are used in intensive care, anesthesia, and urodynamics applications. The same company offers The Xtrans system, a combination of precise and compact disposable pressure transducers and high quality and reusable accessories. One of the significant advantages is the unique interface between pressure transducers and electrical accessories for superior fluid protection and consistent electrical waste reduction.
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North America is Expected to Hold a Significant Market Share.
- North America is expected to hold a significant share of the market. The industrial development has been massive in the United States regions. The introduction of Industry 4.0 has to lead to an ecosystem that consists of multiple connected devices. Due to the increased competition in the industrial sector in the United States, special attention is given to achieve high-performance efficiencies to achieve optimization and reduce performance failures. The rising trend in the market is the introduction of a smart product portfolio with digital communication interfaces. This is expected to increase the adoption rates substantially. Other benefits will automatically become available with the inclusion of intelligence in the transmitters such as self-calibration, remote calibration and ranging, and self-diagnostics.
- The US International Arctic Buoy Program, co-managed by the National Ice Center and the Polar Science Center at the University of Washington Applied Physics Laboratory (UW-APL), works with multi-national collaborators and US government agencies to maintain a network of drifting buoys in the Arctic Ocean to provide meteorological and oceanographic data for real-time operational requirements and research purposes including support to the World Weather Watch Programme and the World Climate Research Programme. Information is gathered and used in research, forecasting, satellite validation, assimilation into numerical climate models, and tracking of ice conditions.
- The Mensor CPT6020 Precision Pressure Transducer is used on the UW-APL buoys for the measurement of sea surface height from which dynamic ocean topography can be determined. The CPT6020 is used in a variety of OEM applications where a high accuracy pressure sensing is required. The CPT6020 provides an accurate water height measurement that contributes to other measures that yield real-time information about the arctic environment's condition. Meteorological and oceanographic institutes, government and non-governmental organizations, research agencies, data centers, and commercial services interested in the Arctic Ocean could extensively benefit from this information.
- In May 2020, OleumTech, a California-based manufacturer of wireless IoT and industrial automation solutions, launched the addition of HGPT Smart Gauge Pressure Transmitters to its portfolio H Series line which include hardwired process instrumentation. The latest OleumTech H Series Smart Pressure Transmitters gives an efficient performance, accuracy, and reliability which useful for several industrial markets, including petrochemical, power, wastewater, and upstream oil & gas. The Smart Pressure Transmitters are offered in both backlit-LCD and non-LCD display models with a wide variety of nominal pressure range options. All models carry the Explosion-Proof rating, while specific models can be ordered with the optional Intrinsically Safe rating.
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