Perennial Opportunities to attract big players in Global Medical Ultrasound Devices Market

Rising number of private diagnostic laboratories in developing countries is uplifting the demand of medical ultrasound devices all across the globe. Global medical ultrasound devices market reached USD 6.85 billion in 2016 and is predicted to reach USD 11.47 billion by 2024, by growing at a CAGR of approximately 7.0% over the forecast period i.e. 2016-2024. Hospitals segment dominated the overall medical ultrasound devices market with a value of USD 2.5 billion in 2016. Chronic diseases are long lasting diseases mostly more than 3 months such as asthma, cancer, arthritis, COPD, diabetes, HIV/Aids Alzheimer disease etc. Thus rise in number of chronic disease lead people towards ultrasound or sonography propelling the market to grow. Development of more stronger and powerful imaging platforms is taking place. Also with the advancement in 3D and 4D technologies that is helping mainly cancer patients to detect cancer at early stages. Several pocket size ultrasound devices are also manufactured such as GE Vscan, acusion P10 etc so that it can be portable for people to carry etc.
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Market Segmentation
• By Portability
o Cart/trolley based Ultrasound Devices
o Compact/handheld Ultrasound Devices

• By Device Display
o Colored Display Devices
o Black & white Display Devices

• By Technology
o 2-D Ultrasound Imaging
o 3-D and 4-D Ultrasound Imaging
o Doppler Ultrasound Imaging

• By End-User
o Hospitals/Clinics
o Diagnostic Laboratories
o Ambulatory Centers

• By Region
o North America (US, Canada)
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe)
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific)
o Rest of the World

“Global Medical Ultrasound Device Market Outlook 2024” contains detailed overview of the global medical ultrasound device market segmentation by portability Type, display type, by technology type, by application type.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
This market report also includes provides competitive outlook of some of the major players of the global medical ultrasound device market which includes profiling of companies of Esaote Spa, Fujifilm Corporation, General Electric Company, Hitachi Ltd, Koninklijke Philips N.V., Mindray Medical International Limited, Samsung Medison Co. Ltd, Siemens Healthcare, Toshiba Corporation etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global medical ultrasound device market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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