[January 09, 2018]

Global Ultrasound Market 2017-2021 - Market Value Expected to Reach $6.8 Billion - Research and Markets

The "Ultrasound Market by Technology (Diagnostic, Therapeutic, 2D, 3D/4D, HIFU), Display (B/W, Color), Portability (Cart, Compact, PoC), Application (Radiology, OB/GYN, Cardiac), End User (Hospitals, Ambulatory, Diagnostic Center) - Forecast to 2021" report has been added to Research and Markets' offering.

The global ultrasound market is expected to reach USD 6.86 Billion by 2021 at a CAGR of 5.2% during 2016 to 2021.

A number of factors such as rising patient population base for chronic and lifestyle-related disorders, technological advancements, and growing market demand for minimally invasive diagnostic and therapeutic techniques are driving the growth of the market.

The Asia-Pacific market is expected to grow at the highest CAGR from 2016 to 2021. This is primarily due to increasing public awareness related to procedural benefits of ultrasound, continuously declining product prices, and continuously rising healthcare expenditure in the Asia-Pacific region.

As of 2015, the global market is dominated by General Electric Company (U.S.), Koninklijke Philips N.V. (Netherlands), Toshiba Corporation (Japan), Siemens AG (Germany), Hitachi (News - Alert) Ltd. (Japan), Samsung Electroics Co., Ltd. (South Korea), FUJIFILM Holdings Corporation (Japan), Esaote S.p.A. (Italy), Mindray Medical International Ltd. (China), Shimadzu Corporation (Japan), and Analogic Corporation (U.S.).

Market Dynamics

Market Drivers

• Technological Advancements
• Increasing Global Prevalence of Targeted Diseases
• Rising Patient Preference for Minimally Invasive Procedures
• Growing Public and Private Investments, Funding, and Grants
• Increasing Birth Rates Especially Emerging Countries

Market Restraints

• Dearth of Skilled and Well-Trained Sonographers
• Stringent Government Regulations

Growth Opportunities

• Expanding Application Horizon of Ultrasound
• Emerging Markets

Market Challenges

• Growing End-User Preference for Refurbished Equipment

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Insights

7 Ultrasound Market, By Technology

8 Ultrasound Market, By Device Display

9 Ultrasound Market, By Device Portability

10 Ultrasound Market, By Application

11 Ultrasound Market, By End User

12 Ultrasound Market, By Region

13 Competitive Landscape

14 Company Profiles

• Analogic Corporation
• Esaote S.P.A.
• Fujifilm Holdings Corporation
• General Electric Company
• Hitachi Ltd.
• Koninklijke Philips (News - Alert) N.V.
• Mindray Medical International Ltd.
• Samsung Electronics Co. Ltd.
• Shimadzu Corporation
• Siemens AG
• Toshiba (News - Alert) Corporation

For more information about this report visit https://www.researchandmarkets.com/research/gt6qj3/global_ultrasound?w=4

View source version on businesswire.com: http://www.businesswire.com/news/home/20180109005994/en/

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