The ultrasound devices market accounted to USD 6.0 billion in 2016 growing at a CAGR of 4.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
An ultrasound scan is a device that uses high frequency sound waves to create an image of some part of the inside of the body.
Major Market Drivers and Restraints:
- Medical reimbursements
- Technological advancements
- Government and private funding for R&D in ultrasound imaging
- Aging population
On the basis of product type the ultrasound devices market is segmented into cart/trolley based ultrasound devices and compact ultrasound devices.
By technology the market is segmented into diagnostic, therapeutic, 2d, 3d/4d, hifu, doppler ultrasound imaging and lithotripsy ultrasound imaging.
By application the market is segmented into (radiology, obstetrics and gynecology, cardiovascular and gastroenterology.
By end user the market is segmented into hospitals, academia, ambulatory and diagnostic center.
On the basis of geography, ultrasound devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Ultrasound devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors:
Some of the major players operating in ultrasound devices market are Shimadzu Corporation, Analogic Corporation, TOSHIBA CORPORATION, Siemens Corporation, Hitachi, Ltd., Koninklijke Philips N.V., GENERAL ELECTRIC, SAMSUNG , FUJIFILM Holdings Corporation, Esaote SpA, Shenzhen Mindray Bio-Medical Electronics Co., Ltd. among others.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or drop down your enquiry.
Demand Side Primary Contributors: Doctors, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.