Ultrasound Device Market Analysis, Demand, Growth Opportunities and Recent Trends by Leading Manufacturers and Regions
The global
ultrasound device market was valued at $6,014.4 million in 2015, and it is
expected to grow at a CAGR of 5.5% during 2016-2022. Based on portability of
ultrasound, the portable/compact/handheld ultrasound segment is expected to
witness the faster growth at a CAGR of 8.8%, during the forecast period.
The global ultrasound device market is growing at a
significant rate, due to increasing healthcare expenditure, technological
advancement of ultrasound, increasing demand for minimally invasive diagnostic
and therapeutic techniques, and growing geriatric population. The increasing
prevalence of chronic diseases and improving healthcare infrastructure in
developing countries are also driving the growth of the global ultrasound
device market.
Explore Report
with Detailed TOC at:
Ultrasound
is a sound with frequencies higher than about 20 kHz. It moves in a wavelike
manner through which it travels. The waves travel with different speed in
different medium. The medical ultrasound system operates at higher frequencies,
typically 1-10 MHz.
Download Report Sample at:
Ultrasound
imaging is a medical imaging technique which uses high frequency sound waves
and their echoes. It exposes body parts to high frequency sound waves in order
to create images of the internal organs of the body. It does not use ionizing
radiation. It provides a real time structure and movement of body’s internal
organs and blood flowing through blood vessels. It helps in evaluation of
symptoms such as swelling, pain, infection and hematuria. In addition, it is
also used for guide procedures such as needle biopsies, guide biopsy of breast
and diagnosis of various heart conditions. However, it cannot penetrate mature
bones and substantial gas layers.
Stringent
regulatory requirements for the approval of ultrasound
devices, is
inhibiting the growth of the global market. Geographically, Europe dominated
the global market of ultrasound device in 2015; whereas the Asia-Pacific market
is expected to witness the fastest growth, a CAGR of 6.3%, during the forecast
period.
Some of the
key companies operating in the global ultrasound device market include Siemens
AG, Koninklijke Philips N.V., General Electric Company, Hitachi Ltd., Toshiba
Corporation, Analogic Corporation, FUJIFILM Holdings Corporation, Mindray
Medical International Ltd., and Esaote SpA,
Comments
Post a Comment