Global Ultrasound Systems Market will Reach US$ 7.8 Bn by 2022-end

The global market discussion on ultrasound systems industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Ultrasound Systems Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on ultrasound systems market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Due to the increasing adoption of advanced imaging systems in healthcare industry, ultrasound systems continue to be an irreplaceable commodity. In the view of rising healthcare costs, affordable and accurate imaging & diagnosis achieved through ultrasound technology will continue to attract patients, and render profits even in conventional medical settings. Fact.MR’s report on the global market for ultrasound systems projects a steady growth for the market during 2017-2022. The global ultrasound systems market, which is pegged to reach US$ 6 Bn by 2017-end, will soar steadily at a 5.5% CAGR to reach US$ 7.8 Bn towards the end of 2022.

Ultrasound makes Headway in Cardiology

The report reveals that ultrasound systems are paramount in gynecological imaging, even so a major share of ultrasound systems sold globally are accounted by cardiology diagnostics. Rising incidence rate of myocardial infarction and angina in the world is making the use of ultrasound systems imperative in the field of cardiology. Between 2017 and 2022, the global sales of ultrasound systems in cardiology applications are expected to create an incremental opportunity of more than US$ 430 Mn.

Standalone Ultrasound Systems to Remain Indispensable

Portability of ultrasound systems is becoming a governing factor for boosting its global sales. Preference to portable ultrasound systems will be distinctly high across all medical settings. During the forecast period, global revenues accounted by sales of portable ultrasound systems are anticipated to exhibit growth at a surging CAGR of 6.4%. While portable ultrasound systems will mark a little over 17% share on global revenues through 2022, the market will continue to witness foremost demand for standalone ultrasound systems. In 2017, the global market for ultrasound systems is pegged to rake in revenues worth over US$ 4.2 Bn, exclusively from the sales of standalone ultrasound systems.

High Demand across Radiology Departments in Hospitals

Ultrasound is staple imaging technology in independent radiology centers as well as radiology departments in hospitals. With increasing demand for radiotherapy, the adoption of ultrasound systems is slated to rise across all general hospitals. The report observes hospitals as the largest end-user of ultrasound systems in the global market, projecting that this segment will account for approximately 50% of the global market revenues through 2022. Diagnostic centers are also expected to account for greater end-use of ultrasound systems in the global market. By the end of 2022, more than US$ 1.5 Bn worth of revenues will be reaped from global sales of ultrasound systems in diagnostic centers.

Competitive Tracking

The report has profiled leading manufacturers of ultrasound systems as the key players in the market. With advancements in imaging technologies, manufacturers are expected to focus more on offering ultrasound systems with more integrated features. Companies such as Koninklijke Philips N.V., General Electric Company, Toshiba Corporation, Hitachi Ltd., Siemens AG, Shimadzu Corporation, Analogic Corporation, Fujifilm Holdings Corporation, Samsung Electronics Co. Ltd., and Esaote SpA are likely to be observed as active participants in the global ultrasound systems market during the forecast period.

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Table of Content:

Chapter 1. Global Ultrasound Systems Market – Executive Summary. 29

Chapter 2. Global Ultrasound Systems Market Overview. 31
2.1. Introduction. 31
2.1.1. Global Ultrasound Systems Market Taxonomy. 31
2.1.2. Global Ultrasound Systems Market Definition. 31
2.2. Global Ultrasound Systems Market Size (US$ Mn) and Forecast, 2012-2022. 32
2.2.1. Global Ultrasound Systems Market Y-o-Y Growth. 32
2.3. Global Ultrasound Systems Market Dynamics. 32
2.3.1. Drivers. 32
2.3.2. Restraints. 33
2.3.3. Trends. 33
2.4. Supply Chain. 33
2.5. List of Distributors. 33
2.6. Installed Bases. 34
2.7. Average Pricing Analysis. 34
2.8. Regulations. 34
2.9. Key Participants Market Presence (Intensity Map) By Region. 34

Chapter 3. Global Ultrasound Systems Market Analysis and Forecast By Portability. 35
3.1. Global Ultrasound Systems Market Size and Forecast By Portability, 2012-2022. 35
3.1.1. Standalone Ultrasound Systems Ultrasound Systems Market Size and Forecast, 2012-2022. 35
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 35
3.1.1.2. Market Share Comparison, By Region. 36
3.1.1.3. Y-o-Y growth Comparison, By Region. 37
3.1.2. Table-top Ultrasound Systems Ultrasound Systems Market Size and Forecast, 2012-2022. 38
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 38
3.1.2.2. Market Share Comparison, By Region. 39
3.1.2.3. Y-o-Y growth Comparison, By Region. 40

Continued….

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