New York
City, 04 Feb 2020: According to a new research
published by Polaris Market Research, the ultrasound devices market is
anticipated to reach over USD 12,556 million by 2026. In terms of revenue, the
diagnostic devices segment dominated the global market. Geographically, North
America is expected to be the leading contributor to the global market revenue
in 2017.
The rapidly increasing geriatric
population with several chronic diseases and the lower cost and relative safety
of ultrasound devices are together boosting the market growth. Increasing
awareness among patients regarding early diagnosis coupled with government
initiatives aimed at spreading awareness among the masses regarding breast
cancer, regular check-up during pregnancy and other health related issue are
boosting the market growth.
Get Sample Copy: https://www.polarismarketresearch.com/industry-analysis/ultrasound-devices-market/request-for-sample
Several technological advancements
such as enhancing image quality and increasing portability has made ultrasound
devices accessible to a larger user base. Also, several private and public
institutions are investing in research and development in the field of
ultrasound imaging. Improving healthcare facilities and increasing disposable
incomes in developing countries is further fuelling the market growth. However,
stringent FDA regulations and lack of trained professionals have limited the
market penetration of this technology. Furthermore, several developing
countries prohibit the use of ultrasound for gender determination which in turn
impedes that industry growth. Identification of newer fields of application and
untapped markets in developing countries would provide several opportunities
for growth in the near future.
North America was the highest
revenue generating region in 2017 and is expected to head the global market
during the analysis period. The large patient pool, favorable reimbursement policies,
well-defined government and healthcare policies, widespread adoption of remote
patient monitoring and healthcare services drive the market growth in the
region. Asia-Pacific is expected to exhibit the fastest growth during the
forecast period owing to improving medical facilities, increasing disposable
income and rapidly increasing patient pool in emerging countries such as China,
Japan, and India.
Get Discount On this Report: https://www.polarismarketresearch.com/industry-analysis/ultrasound-devices-market/request-for-discount-pricing
The types of ultrasound devices
include diagnostic and interventional devices. In 2017, the diagnostic devices
segment accounted for the highest market share owing to government initiatives
to carry out routine check-ups and increasing adoption of fetal health
monitoring. The improving medical facilitates and increasing demand due to
rising number of patients, especially in developing countries, supports the
market growth in this sector.
The key players profiled in this
report include Toshiba Medical Systems Corporation, SonaCare Medical, Analogic
Corporation, GE Healthcare, Koninklijke Philips N.V., Philips Healthcare,
Siemens AG, FUJIFILM Holdings Corporation Hitachi Medical Corporation, Esaote
S.p.A. Samsung Medison, Shimadzu Corporation and Mindray Medical International
Limited among others. These companies have adopted new product launches to gain
a competitive edge in the market.
About Polaris Market Research
Polaris
Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business
research services for our clientele spread across different enterprises.
Contact Us:
Polaris
Market Research
Phone:
1–646–568–9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
No comments:
Post a Comment
Please do not enter any spam link in the comment box...