Global Ultrasound Systems Market Forecast to Expand Remarkably in Coming Years 2017-2022

Effective medical imaging is becoming the crux of all healthcare treatment businesses. The demand for ultrasound systems, prevalent in pregnancy diagnostics, is also gaining grounds across critical medical fields, indicating higher preference for ultrasound imaging among medical professionals as well as patients. This report analyzes the expansion of Global Ultrasound Systems Market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.

The scope of FactMR’s report is to analyze the Global Ultrasound Systems Market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global ultrasound systems market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to ultrasound systems.

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Ultrasound systems are imaging devices that employ high-frequency sound waves for capturing live images from inside of the patient’s body. Ultrasound as a scanning method is often synonymous to sonography. Ultrasound systems are predominantly used in pregnancy diagnostics, but these systems can also procure accurate images in all other fields of diagnostics as well.

The Fact.MR report on global market for ultrasound systems accedes to this notion, projecting a steady growth in the global demand for ultrasound systems during 2017-2022. According to the report, the global ultrasound systems market will reach US$ 6 Bn value by the end of 2017. Ultrasound imaging systems will continue to gain ground due to their affordable costs and higher accuracy, particularly for diagnostic imaging during pregnancy. Towards the end of 2022, the global ultrasound systems market value is anticipated to soar steadily at 5.5% CAGR, bringing in revenues worth over US$ 7.8 Bn.

The report reveals that ultrasound systems are paramount in gynecological imaging, even so a major share of ultrasound systems sold globally are accounted by cardiology diagnostics. Rising incidence rate of myocardial infarction and angina in the world is making the use of ultrasound systems imperative in the field of cardiology. Between 2017 and 2022, the global sales of ultrasound systems in cardiology applications are expected to create an incremental opportunity of more than US$ 430 Mn.

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Ultrasound is staple imaging technology in independent radiology centers as well as radiology departments in hospitals. With increasing demand for radiotherapy, the adoption of ultrasound systems is slated to rise across all general hospitals. The report observes hospitals as the largest end-user of ultrasound systems in the global market, projecting that this segment will account for approximately 50% of the global market revenues through 2022. Diagnostic centers are also expected to account for greater end-use of ultrasound systems in the global market. By the end of 2022, more than US$ 1.5 Bn worth of revenues will be reaped from global sales of ultrasound systems in diagnostic centers.

Competitive Tracking

The report has profiled leading manufacturers of ultrasound systems as the key players in the market. With advancements in imaging technologies, manufacturers are expected to focus more on offering ultrasound systems with more integrated features. Companies such as Koninklijke Philips N.V., General Electric Company, Toshiba Corporation, Hitachi Ltd., Siemens AG, Shimadzu Corporation, Analogic Corporation, Fujifilm Holdings Corporation, Samsung Electronics Co. Ltd., and Esaote SpA are likely to be observed as active participants in the global ultrasound systems market during the forecast period.

Table of Contents

Chapter 1. Global Ultrasound Systems Market – Executive Summary. 29

Chapter 2. Global Ultrasound Systems Market Overview. 31

2.1. Introduction. 31

2.1.1. Global Ultrasound Systems Market Taxonomy. 31

2.1.2. Global Ultrasound Systems Market Definition. 31

2.2. Global Ultrasound Systems Market Size (US$ Mn) and Forecast, 2012-2022. 32

2.2.1. Global Ultrasound Systems Market Y-o-Y Growth. 32

2.3. Global Ultrasound Systems Market Dynamics. 32

2.3.1. Drivers. 32

2.3.2. Restraints. 33

2.3.3. Trends. 33

2.4. Supply Chain. 33

Continued……………………………………

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