Press release
Diagnostic Ultrasound Market to Exhibit A Lucrative Growth| Key Players: GE Healthcare, Mindray, Esaote, Analogic, Toshiba Medical Research Institute USA, Inc. (TMRU)
Diagnostic Ultrasound Market
For instance, a patient with prostatic hypertrophy started on certain medications which could possibly worsen bladder emptying can be monitored with ultrasound after initiation of medication. Ultrasound devices are witnessing a transition from trolley based, single use systems to highly portable, versatile and multiuse systems. Rapid technological advancements in microelectronics and sensors coupled with improvement in image quality and expansion of applications will propel ultrasound system adoption rates.
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North America market dominated global market with over 1.5 billion revenue in 2018 and is anticipated to show substantial growth during the forthcoming years. High growth is attributable to rising prevalence of chronic ailments coupled with awareness among people pertaining to early disease diagnosis. Availability of advanced healthcare facilities in the region will surge the demand for diagnostic ultrasound thereby escalating regional growth.
Asia Pacific market accounted for considerable revenue in 2018 and is estimated to witness robust CAGR of 5.2% during the forecast period. Presence of large patient pool in the region will foster business growth. Rising disposable income in emerging economies such as India and growing awareness among people will further fuel regional industry growth.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
Telemed Providers, SIUI NDT, Shenzhen Landwind Industry Co. Ltd., VINNO Spain FUKUDA DENSHI USA Inc, Sunway Medical Centre, GE Healthcare, Mindray, Esaote, Analogic, Toshiba Medical Research Institute USA, Inc. (TMRU), Hitachi Medical Systems Europe, CHISON Ultrasound Manufacturer
Cardiology segment accounted over USD 1 billion in 2018 and will show significant growth over the coming years. Increasing use of diagnostic ultrasound in cardiovascular studies coupled with rising burden of cardiovascular diseases will boost the industry size. Moreover, development in technology and potential benefits associated with the device to optimize cardiac diagnosis will further fuel the business growth.
Notable industry players operating in the diagnostic ultrasound market includes Analogic, Arthrex, Chison, C.R. Bard, Esaote, FujiFilm, Fukuda Denshi, GE Healthcare, Hitachi, Kalamed, Koninklijke Philips, Mobisante, Promed, Samsung Electronics, Shenzhen Landwind Industry, Shenzhen Mindray Bio-Medical Electronics, Siemens Healthcare, Shantou Institute of Ultrasonic Instruments, SonoScape Medical, Sunway Medical, TELEMED Medical Systems, Toshiba Medical Systems, VINNO Technology (Suzhou) and Trice Medical. Industry players focus their efforts on implementing strategies such as merger, acquisition, partnerships as well as new product launch to sustain competition in the market.
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Diagnostic Ultrasound Market by Technology
2D
3D and 4D
Doppler
Diagnostic Ultrasound Market by Portability
Trolley
Compact / Handheld
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