Diagnostic Ultrasound Devices Market Expected To observe Sizable Growth By 2019

Ultrasound technology for humans and animals has become crucial in diagnosing diseases and monitoring of health. Diagnostic ultrasound devices are used in medical specialties such as obstetrics & gynecology, cancer diagnostics, cardiology and anesthesiology among others. The global diagnostic ultrasound devices market has grown considerably in the last two decades and technology has advanced from large trolley-based devices into highly compact hand-held devices that can be carried in the pockets of general practitioners and primary care physicians on their rounds in hospitals and clinics. Advancements in hardware components such as transducer design have improved b-mode technology enormously in terms of sensitivity, providing high quality of the final data display. Introduction of 3D rendering software and noise reduction has resulted in clear imaging for US technicians that previously had to be stringently trained for false-positives and erroneous imaging. Ultrasound was previously only able to capture a single imaging plane, but now can acquire volumes, thus complete organs may be able to be imaged during an ultrasound process.

According to the new report “Global Diagnostic Ultrasound Devices Market Assessment & Forecast 2015-2019” by SA-BRC, the global market for diagnostic ultrasound devices was evaluated at US$ 5,381.1 million in 2014 and is forecast to generate revenues worth US$ 7,466.3 million by 2019. The market is expected to grow at a CAGR of 6.8% from 2015 to 2019.

This report sheds light on the dynamics of the global diagnostic ultrasound devices market through four key aspects; the market by configuration – trolley, cart and hand-held devices; by technology – 2D ultrasound, Doppler, 3D-4D ultrasound, by applications – oncology, gynecology, cardiology, emergency medicine, ultrasound anesthesiology, vascular and other applications as a whole. Finally it provides market dynamics, estimates and forecast for 6 geographical regions of North America, Europe, Asia-Pacific, Latin America, Middle-East and Africa.

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The last two decades has shaped the ultrasound market very well across the globe. The technology which was incidentally discovered before other modalities such as MRI took time to develop into the powerful diagnostic technology that it is today. It started off with applications in abdominal and cardiology, and quickly moved on to OBGYN and to the latest vascular, musculoskeletal and mammography. New therapeutic applications such as transcranial MRI-guided focused ultrasound and focused ultrasound in conjunction with micro-bubbles allows physicians to target tissues deep within the body through the use of sound waves as opposed to incisions and radiation. Focused ultrasound has the ability to revolutionize the treatment of conditions such as brain cancer and Alzheimer’s through its potential for greater precision and quicker patient recovery. The diagnostic imaging technologies market is well over US$ 15.0 billion today and is growing steadily with new innovative technologies pouring in. As miniaturization continues, SA-BRC anticipates ultrasound technology to open new dimensions in point-of-care diagnostics for on-field emergencies. Leading players in this segment include Analogic Corporation, BioSound Esaote, GE Healthcare, Hitachi-Aloka, Mobisante, Philips Healthcare, Samsung Medison, Siemens Healthcare, Signostics Ltd, SIUI, SonoScape Medical Corp, Teratech Corporation,Toshiba Medical Systems and Verathon Incorporated.

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This release was published on openPR.