Sarasota, FL, Aug. 11, 2016 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Ultrasound (Cart/Trolley Based Ultrasound Devices and Compact Ultrasound Devices) Market by Technology, (2D, 3D, 4D Doppler and Other), By Application (Radiology, Cardiology, Urology, Gastroenterology, Gynecology and Others) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”. According to the report, global demand for ultrasound market was valued at USD 5.20 billion in 2015, is expected to reach USD 6.90 billion in 2021 and is anticipated to grow at a CAGR of around 5.5% between 2016 and 2021.
Ultrasound imaging is one of the most widely used diagnostic imaging techniques globally. Ultrasound imaging utilizes sound waves to deliver photos of within the body. It is utilized to analyze the reasons for disease, pain, swelling in body’s inner organs and to look infant growth in pregnant ladies. Additionally, it is used to guide biopsies and analyze heart conditions. Ultrasound is protected, noninvasive, and does not utilize ionizing radiation. Ultrasound is safe, and do not require any special preparation.
Browse 42 Market Tables and 43 Figures spread through 110 Pages and an in-depth TOC on "Ultrasound Market - Global Size, Shares, Trends, Segment & Forecast to 2021”
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The growth of ultrasound market has been anticipated by increasing incidences of diseases, innovation in technology and growing demand for ultrasound devices. Growing demand from healthcare industry for disease diagnosis is one of the major driving factors for growth of market. Moreover, Expensive procedure and unfavorable healthcare rules in developed countries are expected to hamper the growth of ultrasound market over the years.
The worldwide ultrasound business sector is portioned on the basis of product, technology, applications, and regions. On the basis of product ultrasound is divided into cart/trolley based ultrasound devices and compact ultrasound devices. The cart/trolley based ultrasound devices is leading segment of ultrasound global market in 2015 and it is likely to continue the market dominance in next few years. By application ultrasound market is divided into radiology, cardiology, urology, gastroenterology, gynecology and others. On the basis of technology market is segmented into 2D ultrasound, 3D ultrasound, 4D ultrasound, doppler and other ultrasound technology. Amongst all technology segment 3D and 4D ultrasound technology have significant share in global ultrasound market in 2015 and expected to grow in near future.
Browse the full "Ultrasound (Cart/Trolley Based Ultrasound Devices and Compact Ultrasound Devices) Market By Technology, (2D, 3D, 4D Doppler and Other), By Application (Radiology, Cardiology, Urology, Gastroenterology, Gynecology and Others) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/ultrasound-market
Europe is expected to account for the largest share of the global ultrasound market in 2015 due to various key vendors actively participate in ultrasound market. Promising medical tourism industry in Central and Eastern Europe (CEE) coupled with the rising private sector promote implementation of technology in these regions, providing tremendous growth prospects for the ultrasound market in Central and Eastern Europe (CEE).
North America was one of the leading players in global ultrasound market. North American market for ultrasound has reach saturation stage. Furthermore, strong R&D activity has contributed to the accelerated pace of technological innovation across the academic, clinical, and industry sectors. In addition, ultrasound imaging equipment market is rapidly evolving market in this region.
Asia Pacific is fastest growing region in ultrasound market. In Asia pacific region china dominates the market followed by Japan and India. This can be attributed by increase in prevalence of chronic diseases in this region. Rise in Asian vendors that offer low priced ultrasound systems than other regions will have impact on the market dynamic and increase the growth in this region.
Latin America is one of the fastest growing regions in global ultrasound market. Increase adoption diagnostic testing and growing public awareness in one of the major factor accelerating the growth in this region. In Latin America, countries such as Brazil and Mexico are contributing majorly for the growth of the market, where Brazil accounted for major share in the overall Latin America’s ultrasound market. Latin America has significant market potential for ultrasound market in forthcoming years.
Middle East & Africa represent a region with a large potential for ultrasound market, owing to growing number of hospitals and emphasis on hospitals in use of advanced instruments and technology are going to boost the demand for advanced ultrasound devices in this region.
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Some of the key participants in ultrasound market are Siemens AG, GE Healthcare, Analogic Corporation, FUJIFILM Holdings Corporation, Mindray Medical International Ltd, EsaoteSpA, Hitachi Ltd, and among others.
The report segments the global ultrasound market as follows:
Ultrasound Market: Product Segment Analysis
- Cart/trolley based ultrasound devices
- Compact ultrasound devices
Ultrasound Market: Technology Segment Analysis
- 2D Ultrasound
- 3D Ultrasound
- 4D Ultrasound
Ultrasound Market: Application Segment Analysis
Ultrasound Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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