A similar principle invented by Skeggs and commercialized by Whitehead revolutionized clinical chemistry in the early 1960's (
https://en.wikipedia.org/wiki/AutoAnalyzer). It led to the term "euboxic" on clinical rounds meaning a patient's test results were all within the normal range. The term was derived from the way Technicon presented results on a strip chart recorder. That methodology is no longer used, and it is good to know it has found another home in the world.
If you are interested in the theory, there are loads of papers, both theoretical and practical, on it the effect of bubble size and frequency.
John