According to
a new market report published by Lucintel, the future of the global ultrasound imaging market looks good with opportunities in the
gynecology, cardiology, radiology, vascular and urology clinical applications
market. The global ultrasound imaging market is expected
to reach an estimated $7.6 billion by 2022 and is forecast to grow
at a CAGR of 4.9% from 2017 to 2022. The major drivers for the growth of this market are the rising
demand for minimal invasive and non-invasive diagnostic procedures, technology
advancement, and an increasing number of patients.
In this
market, gynecology, cardiology, radiology, vascular and urology are the application
market. On the basis of comprehensive research,
Lucintel forecasts that the gynecology and cardiology segments are expected to
show above average growth during the forecast period.
Within the
global ultrasound imaging market, radiology segment is expected to remain the
largest market. Growing geriatric population and rise in awareness for early
diagnosis are the major driving forces that will spur growth for these segments
over the forecast period.
By technology,
3D, 4D and Doppler imaging ultrasound devices
are expected to show above average growth over the forecast period due to technological advancement.
By product
type, trolley/cart based ultrasound device is expected to remain the largest segment
over the forecast period due to its ease of operation in the imaging processes.
By display
type, color ultrasound device segment is expected to remain the largest segment
with technological benefits such as clear and efficient diagnostic results.
Europe is
expected to remain the largest market due to the technological advancement, geriatric population, and increasing
importance on minimally invasive procedures in this region.
APAC is expected to witness the highest growth over the forecast period due
to improving healthcare facilities and increasing awareness of the need for
preventive screening.
For business expansion, this report suggests innovation
and new product development for
achieving the best imaging
quality in diagnostic imaging using ultrasound devices.
Emerging
trends which have a direct impact on the dynamics of the industry include technological
innovations and advancement, ultrasound diagnostic in the field of guided
therapy and surgery, and commercialization of portable/hand-held devices. GE Healthcare,
Philips Healthcare, and Fujifilm Holdings Corporation are among the major suppliers of ultrasound devices.
Lucintel, a leading global strategic consulting and market research firm,
has analyzed growth opportunities in the global ultrasound imaging market by
application, by technology, product type, by display, by price range, and by region,
and has compiled a comprehensive research report entitled “Growth
Opportunities in the Global Ultrasound Imaging Market 2017-2022: Trends,
Forecast, and Opportunity Analysis.” The Lucintel report serves as a
springboard for growth strategy because it provides a comprehensive data and
analysis on trends, key drivers, and directions. The study includes a forecast for
the global ultrasound imaging market by application, by technology, product type, by display, by price range,
and by region, as follows:
By Application [Value ($ million) from 2011 to
2022]:
- Gynecology
- Cardiology
- Radiology
- Vascular
- Urology
- Others
By Technology
[Value ($ million) from 2011 to 2022]:
- 2D Imaging
- 3D Imaging
- 4D Imaging
- Doppler Imaging
- Others
By Product [Value ($ million) from 2011 to 2022]:
- Trolley/cart Based
- Compact
By Display [Value ($ million) from 2011 to 2022]:
- Black and White Display
- Color Display
By Price
Range [Value ($ million) from 2011 to 2022]:
- Premium High-End
- Mid-Range
- Low-End
By Region [Volume
(Million Units) and Value ($
million) from 2011 to 2022]:
- North America
- Europe
- Asia Pacific
- Rest of the World
This
216-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel
offerings include Medical
Market Analysis, Medical
Market Research, Opportunity Screening and Analysis, Capital Investment Feasibility and SWOT
Matrix.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This report addresses the following key
questions:
Q. 1 What are some of the most promising, high-growth
opportunities for ultrasound imaging market by application (Gynecology, Cardiology,
Radiology, Vascular, Urology, and Others), by technology (2D Imaging, 3D
Imaging, 4D Imaging, Doppler Imaging, and Others), by product type
(Trolley/Cart Based and Compact), by display (Black and White Display and Color
Display), by price range (Premium High-End, Mid-Range, and Low-End), and by region
(North America, Europe, Asia Pacific, and Rest of the World)?
Q. 2 Which segments will grow at a faster
pace and why?
Q. 3 Which region will grow at a faster pace
and why?
Q.4 What are the key factors affecting market
dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive
threats in this market?
Q.6 What are the emerging trends in this
market and reasons behind them?
Q.7 What are some of the changing demands of
customers in the market?
Q.8 What are the new developments in the
market and which companies are leading these developments?
Q.9 Who are the major players in this market?
What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products
in this market and how big of a threat do they pose for loss of market share by
product substitution?
Q. 11 What M & A activity has occurred in
the last 5 years?
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