openPR Logo
Press release

Ultrasound Market to Exceed Medical Imaging Industry Evolution in Coming Years with Trends, Innovations and Opportunities

07-12-2019 01:35 PM CET | Health & Medicine

Press release from: Meticulous Research®

Meticulous Research® – leading global market research company is researching on ultrasound market titled “Ultrasound Market by Product (Devices, Probes), Technology (FUS, SWL), Display (Color, B/W), Portability (Trolley, Compact, Handheld, Point of Care), Application (Diagnostic, Therapeutic, Orthopedic), End User (Hospitals, ACC)- Global Forecast to 2024”.

Rising Number of Hospitals in the Developing Countries is Propelling the Growth of Ultrasound Market

In recent years, various government initiatives towards the development of healthcare facilities have led to increase in number of hospitals. For instance, in India, in Union Budget 2017-2018, the government decided to setup 2 new AIIMS hospitals in Jharkhand and Gujarat. Further, in April 2014, the country developed AYUSH infrastructure comprised of over 8 lacs registered practitioners, 25,492 dispensaries, and 3,601 hospitals. Similarly, the Chinese government is taking initiatives to shift the burden of care from public hospitals to private hospitals and owing to this, the number of private hospitals in China doubled to a total of 16,900 hospitals in just six years, from 2011-2017. Owing to these factors, the demand for diagnostic equipment such as ultrasound systems is rising.

Download free sample report and gain crucial industry insights

Colored Ultrasound Dominated the Ultrasound Market in 2017

Colored ultrasound commanded the largest share of ultrasound market in 2017 due to accurate visualization, high resolution images, and ease of differentiation between the tissues based on colors. This enable the cardiac sonographers to effectively monitor the blood flow inside the heart, brain, arteries, and veins. Further, the color patterns help in identification of healthy and constrained blood flow.

Trolley-based Ultrasound Devices to Witness the Largest Demand Through 2024

Trolley-based Ultrasound devices commanded the largest share of ultrasound market in 2017. This is mainly attributed to their greater demand in major markets with increasing use in acute emergency care settings in hospitals and healthcare institutions.

Asia-Pacific: Fastest Growing Regional Market

North America commanded the largest share of the global ultrasound market in 2017, followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa. However, Asia-Pacific will be the fastest growing regional market due to accelerated economic growth of many countries in this region, and growing government focus on healthcare sector. In addition, government initiatives for the development of healthcare facilities and increasing health insurance penetration are the key factors propelling the growth of the Asia-Pacific ultrasound market.

Key Topics Covered in This Report:
Ultrasound Market, by Components
Ultrasound device

Ultrasound market, By Technology
Diagnostic Ultrasound
2D Ultrasound
3D and 4D Ultrasound
Doppler Ultrasound
Color Doppler Imaging
Continuous Doppler Imaging
Pulse Wave Doppler Imaging
Therapeutic Ultrasound
High-Intensity Focused Ultrasound (HIFU)
Extracorporeal Shock Wave Lithotripsy (ESWL)
Shock Wave Lithotripsy (SWL)

Ultrasound market, By Display
Colored Ultrasound
Black and White (B/W) Ultrasound

Ultrasound market, By Portability
Trolley-based Ultrasound Systems
Handheld/Compact Ultrasound Systems
Point of Care Ultrasound Systems

Ultrasound market, By Application
Diagnostic Applications
General Imaging
Therapeutic applications
Drug Delivery
Physical Therapy
Pain Management

Ultrasound market, By End User
Diagnostic Imaging Centers
Ambulatory Care Centers

Ultrasound Market, by Geography
North America
Rest of Europe
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East & Africa
Key Players in the Market

GE Healthcare
Konica Minolta, Inc.
Koninklijke Philips N.V.
Siemens Healthineers (a subisdiary of Siemens AG)
Analogic Corporation
Canon Inc.
Esaote SpA
Hitachi Ltd.
Mindray Medical International Limited
Samsung Medison Co., Ltd.
FUJIFILM SonoSite, Inc.(a subisdiary of FUJIFILM Holdings Corporation)
Carestream Health, Inc
Hologic, Inc.

Browse in depth report:

Key Players in the Ultrasound Market

The key players operating in the global ultrasound market are GE Healthcare, Konica Minolta, Inc., Koninklijke Philips N.V., Siemens Healthineers, Analogic Corporation, Canon Inc., Esaote SpA, Hitachi Ltd., Mindray Medical International Limited, Samsung Medison Co., Ltd., FUJIFILM SonoSite, Inc., Carestream Health, and Hologic, Inc.

Office No-202, 203,204,205,206;
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.

For Sales Enquires
India: +91-744-7780008
U.S.: +1-646-781-8004

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ultrasound Market to Exceed Medical Imaging Industry Evolution in Coming Years with Trends, Innovations and Opportunities here

News-ID: 1802990 • Views: 116

More Releases from Meticulous Research®

Plant Based Protein Market Worth USD 10,892.3 Million By 2022|Top Key players ar …
The Plant based protein market is driven by increasing awareness about the benefits of protein and growing demand for protein rich diet, growing health & wellness trend, increasing consumers’ focus on meat alternatives, growing demand from food & beverage industry, and various advancements in ingredient technologies such as microencapsulation. However, significant preference for animal based protein and fluctuating raw material prices restricts the growth of plant based proteins market to
Biopharmaceutical Processing & Consumable Market Will Reach USD 22,340.0 Million …
Biopharmaceutical processing and consumable market has shown strong growth pattern in recent year’s majorly due to biopharmaceuticals, capacity expansion from biopharmaceutical manufacturers, rising adoption of single-use products, and increase in the support from government for biopharmaceutical research. Meticulous Research® in its latest publication on biopharmaceutical processing and consumable market states that the global biopharmaceutical processing and consumable market will increase at a CAGR of 14.8% from 2018 to 2023 to reach
Healthcare Analytics Market Will Reach USD 33,854.6 Million by 2023: Meticulous …
Healthcare analytics market has shown strong growth pattern in recent year’s majorly due growing investments by venture capitalists, increasing pressure to provide quality care and control healthcare costs, rising big data in healthcare, trend towards value-based care, improving HCIT infrastructure and adoption of HCIT solutions such as EMRs and HIE, and increasing focus on personalized medicine and preventive care. In addition, advancing IT and big data capabilities, government support for
Automotive TIC Market Will Reach USD 32.7 Billion by 2023 -Survey and Trend Rese …
Automotive TIC market has shown strong growth pattern in recent year’s majorly due to increasing automotive production worldwide, consumer awareness about safety and environment awareness, and technological advancements. On the other hand, factors such as stringent trade policies, government and environmental regulations, high time required to perform overseas qualifications tests, and lack of skilled resources are restraining the growth of the market to some extent. Meticulous Research® in its latest publication

All 185 Releases