Over 500 Total Lots Up For Auction at One Location - NJ 06/15

Global ultrasound market anticipated to reach almost $7 billion by 2021

Press releases may be edited for formatting or style | January 09, 2018 Ultrasound
DUBLIN--(BUSINESS WIRE)--The "Ultrasound Market by Technology (Diagnostic, Therapeutic, 2D, 3D/4D, HIFU), Display (B/W, Color), Portability (Cart, Compact, PoC), Application (Radiology, OB/GYN, Cardiac), End User (Hospitals, Ambulatory, Diagnostic Center) - Forecast to 2021" report has been added to Research and Markets' offering.

The global ultrasound market is expected to reach USD 6.86 Billion by 2021 at a CAGR of 5.2% during 2016 to 2021.

A number of factors such as rising patient population base for chronic and lifestyle-related disorders, technological advancements, and growing market demand for minimally invasive diagnostic and therapeutic techniques are driving the growth of the market.
stats Advertisement
DOTmed text ad

Training and education based on your needs

Stay up to date with the latest training to fix, troubleshoot, and maintain your critical care devices. GE HealthCare offers multiple training formats to empower teams and expand knowledge, saving you time and money.

stats
The Asia-Pacific market is expected to grow at the highest CAGR from 2016 to 2021. This is primarily due to increasing public awareness related to procedural benefits of ultrasound, continuously declining product prices, and continuously rising healthcare expenditure in the Asia-Pacific region.

As of 2015, the global market is dominated by General Electric Company (U.S.), Koninklijke Philips N.V. (Netherlands), Toshiba Corporation (Japan), Siemens AG (Germany), Hitachi Ltd. (Japan), Samsung Electronics Co., Ltd. (South Korea), FUJIFILM Holdings Corporation (Japan), Esaote S.p.A. (Italy), Mindray Medical International Ltd. (China), Shimadzu Corporation (Japan), and Analogic Corporation (U.S.).

Market Dynamics

Market Drivers

Technological Advancements
Increasing Global Prevalence of Targeted Diseases
Rising Patient Preference for Minimally Invasive Procedures
Growing Public and Private Investments, Funding, and Grants
Increasing Birth Rates Especially Emerging Countries
Market Restraints

Dearth of Skilled and Well-Trained Sonographers
Stringent Government Regulations
Growth Opportunities

Expanding Application Horizon of Ultrasound
Emerging Markets
Market Challenges

Growing End-User Preference for Refurbished Equipment
Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Insights

7 Ultrasound Market, By Technology

8 Ultrasound Market, By Device Display

9 Ultrasound Market, By Device Portability

10 Ultrasound Market, By Application

11 Ultrasound Market, By End User

12 Ultrasound Market, By Region

13 Competitive Landscape

14 Company Profiles

Analogic Corporation
Esaote S.P.A.
Fujifilm Holdings Corporation
General Electric Company
Hitachi Ltd.
Koninklijke Philips N.V.
Mindray Medical International Ltd.
Samsung Electronics Co. Ltd.
Shimadzu Corporation
Siemens AG
Toshiba Corporation

You Must Be Logged In To Post A Comment