openPR Logo
Press release

Ultrasound Systems Market Forecast for Incremental CAGR Growth by 2022

01-27-2018 08:31 AM CET | Health & Medicine

Press release from: Fact.MR

Fact.MR

Fact.MR

Ultrasound systems are imaging devices that employ high-frequency sound waves for capturing live images from inside of the patient’s body. Ultrasound as a scanning method is often synonymous to sonography. Ultrasound systems are predominantly used in pregnancy diagnostics, but these systems can also procure accurate images in all other fields of diagnostics as well.

Request For Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=60

Precise medical imaging has a controlling influence over the efficacy of subsequent procedures, which is why medical professionals continue to prefer accurate imaging methods such as ultrasound.

Following are key projections on the global ultrasound systems market, excerpted from the report:

1. The report highlights the application of ultrasound systems in cardiology. Alarming rise in incidence of cardiac disorders throughout the globe is expected to drive the adoption of ultrasound systems, which are effectively used in cardiology diagnostics. Between 2017 and 2022, more than US$ 430 Mn worth of incremental opportunity will be created by application of ultrasound systems in cardiology. The report also predicts that nearly half of ultrasound systems sold in the global market during the forecast period will be developed on 2D ultrasound imaging technology.
2. Healthcare infrastructure in developed economies such as the US and Canada is expected to promote the adoption of ultrasound systems. The report projects that by the end of 2022, North America’s ultrasound systems market will have reached an estimated value of US$ 3.2 Bn. During this forecast period, North America is also anticipated to be the largest market for ultrasound systems in the world.
3. The report also observes impressive growth in the ultrasound systems market across European countries. In 2017, more than 25% of the global ultrasound systems market value is expected to be accounted by sales of ultrasound systems in Europe.
4. Demand for ultrasound systems in the Asia-Pacific excluding Japan (APEJ) region is projected to be lower than above regions, however, manufacturers will be interested in laying down their production units in this region. In such manner, the APEJ ultrasound systems market is likely to account for more than 15% of the global market revenues throughout the forecast period.
5. Based on the portability of ultrasound systems, the report expects a higher demand for standalone systems. By procuring revenues worth US$ 4.2 Bn, standalone ultrasound systems will dominate the global market with more than 70% revenue share towards the end of 2017. On the other hand, portable ultrasound systems will showcase a robust revenue growth at 6.4% CAGR, albeit, reflecting a little over 17% share on the global ultrasound systems market.
6. Hospitals will remain the largest end-users of ultrasound systems in the global market, and account for half of its value in the years to come. Meanwhile, diagnostic centers will contribute to nearly 20% of the global ultrasound systems market, procuring revenues worth US$ 1.6 Bn by 2022-end.

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.

Browse Full Report with TOC @ https://www.factmr.com/report/60/ultrasound-systems-market

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.

Check Discount @ https://www.factmr.com/connectus/sample?flag=D&rep_id=60

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports

Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
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 Systems Market Forecast for Incremental CAGR Growth by 2022 here

News-ID: 918864 • Views: 1025

More Releases from Fact.MR

Vinyl Siding Market Poised to Garner Maximum Revenues During 2017 to 2026 | Key …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global vinyl siding market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding
Toothcare Market Prognostications Highpoint Positive Revenue during Forecast Per …
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global toothcare market considering 2012-2016 as the historic year and 2017-2026 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting toothcare market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume. The toothcare market study outlines the key regions
01-23-2020 | Sports
Fact.MR
Global Surfboard Market Outlook Highlights Major Opportunities Likely to Steer D …
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global surfboard market considering 2012-2016 as the historic year and 2017-2026 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting surfboard market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume. The surfboard market study outlines the key regions
Surfactant Cleansers and Adjuvants Market Global Outlook and Active Company Prog …
We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding the surfactant cleansers and adjuvants market growth. For enhancing readers' experience, the report starts with a basic overview about the surfactant cleansers and adjuvants and its classification. Further, we have considered 2013 as the base year, 2026 as the estimated year, 2017 - 2026 as the stipulated time frame. Surfactants are known to be surface

All 5 Releases


More Releases for Ultrasound

Global Portable Ultrasound Scanners Market Research Report
This report studies the global Portable Ultrasound Scanners market status and forecast, categorizes the global Portable Ultrasound Scanners market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Terason GE Healthcare Philips Healthcare Siemens Healthcare Toshiba Hitachi Aloka Medical Carestream Esaote Samsung Medison
Ultrasound Table Market Valuation 2017 – 2025
Ultrasound is an imaging technique that uses sound waves to capture images of internal body parts such as contour, size and appearance of organs, vessels and tissues or to identify abnormality such as tumors. The conventional ultrasound captures the images in flat, thin units of the body. Developments in ultrasound technology involve three-dimensional (3-D) ultrasound which modifies the sound wave data into the 3-Dimentional images. The technique is accomplished to
Portugal Ultrasound Systems Market Outlook to 2022
Publisher's new report, "Portugal Ultrasound Systems Market Outlook to 2022", provides key market data on the Portugal Ultrasound Systems market. The report provides value, in millions of US dollars, volume (in units) and average prices (USD) within market segments-2D Ultrasound Systems, 3D Ultrasound Systems, Real-Time 3D/4D Ultrasound Systems and Hand Held Ultrasound (HHU) Systems. The report also provides company shares and distribution shares data for the market segment, and global corporate-level
Global Medical Ultrasound Devices Market
Market Overview Global medical ultrasound devices market is facing high competition owing to presence of huge players such as Philips Healthcare, Siemens, GE Healthcare and others. Global presence of these healthcare equipment manufacturers is one of the major factors which are creating huge challenge for the new players to enter into the market. High quality of images and affordability of devices are expected to help the players to explore the
Ultrasound Market Aims Bigger with Technological Innovations
September Offer – Flat 20% discount on purchase of this report from 15th to 30th September @ https://www.researchtrades.com/discount/1090976 For more offers post 30th September, kindly contact us. Contact No. : +16269994607 (US)/ +91 7507349866 (IND) Email: sales@researchtrades.com The global ultrasound devices market accounted for a value of USD 3,216 million in 2015 and is expected to reach USD 3,860 million in 2021, at a CAGR of 3% during the forecast period 2016-2021.
Ultrasound Transducer Market 2017-2022 BK Ultrasound, Broadsound, Carestream
Ultrasound Transducer Market 2017-2022 BK Ultrasound, Broadsound, Carestream Recently published a detailed market study on the "Ultrasound Transducer Market" across the global, regional and country level. The report on the global Ultrasound Transducer market uses the top-down and bottom-up approaches to define, analyze, and describe the Ultrasound Transducer market trends for the next five years. The Ultrasound Transducer market report further provides production, capacity, Ultrasound Transducer market price per region, gross