The necessity associated with using less invasive tools for detection of diseases has spurred the speedy growth and adoption of ultrasound devices. The real time imaging provided by these devices is encouraging the market’s growth. Market reports associated with the healthcare sector made accessible by Market Research Future along with published reports on other sectors have been lately put out along with a report on this industry. The Ultrasound Devices Market is projected to make revenues worth USD 10.37 while earning at a CAGR of 8.1 percent through the forecast period.
As ultra sound imaging devices do not emit harmful ionizing radiation, they are increasingly preferred. The development of better imaging technologies is improving the market share of ultrasound devices to a great extent. The advances in 3D & 4D imaging which give a detailed evaluation of fetal anatomy and morphology are also found to be contributing to the overall market expansion. Progress in the innovation of portable ultrasound devices is expected to significantly bolster market growth in the duration of the forecast period.
Global Ultrasound Devices Market – Competitive Analysis
The critical success factors in the market are easily achieved in the market leading to an elevated pace of development in the forecast period. The market attractiveness and competitors’ dynamics are noticeably improved by the strategies that are being utilized by market players. The market is considerably buoyed by the developments that are occuring in the market. The increased level of emphasis on the variety of products is increasing the number of customers in the market substantially. The successful integration of supply chain management is steadily increasing the development of the market. The innovation in products and services of the markets will alter the course of development of the market substantially. The long run viability of the market is highly dependent on the techniques and the strategic roadmaps that are engaged by market players.
Koninklijke Philips N.V., General Electric Company, Siemens AG, Samsung Electronics Co., Ltd., Toshiba Corporation, Hitachi Ltd., Mindray Medical International Ltd., Shimadzu Corporation, and Analogic Corporation and others the major players operating in the ultrasound devices market globally.
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July 2018 Healcerion has recently launched the SONON 300L handheld ultrasound device to the US market following FDA approval of this innovative wireless device for primary care providers. It makes available flexible ultrasound technology at less than 1/10 the cost of a traditional ultrasound machine, with a user interface anyone can learn quickly. The SONON 300L also supports medical imaging protocols including the DICOM (Digital Imaging and Communications in Medicine) and the PACS (Picture Archiving and Communication System). The SONON 300L also significantly advances patient care via the PCP.
Global Ultrasound Devices Market – Segmental Analysis
The Market for Ultrasound Devices globally has been segmented on the basis of application, product, clinical application, end user, and region. On the basis of applications, the market is segmented into therapeutic and diagnostic. The segmentation of the market on the basis of clinical application segments the market into radiology, cardiac, obstetrics and gynecology among others. The product basis of segmentation of the market comprises of portable and cart based. The end user segment of the market comprises of ambulatory and hospitals/clinics. The regions that are a part of the ultrasound devices market globally are Europe, Americas, Asia Pacific, Middle East & Africa.
Global Ultrasound Devices Market – Detailed Regional Analysis
The region-wise analysis of the market for ultrasound devices consists of regions such as Europe, Americas, Asia Pacific, Middle East & Africa. The Americas region is the major market for ultrasound devices. The speedy acceptance of technology and excellent reimbursements scenario in the U.S. are the among the two most significant factors for the lead established by the Americas region. The European region is the next chief market for ultrasound devices. However, the Asia Pacific region is anticipated to be the most rapidly rising region in ultrasound devices market.
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