The purpose of the report is to illustrate the state of the market of Ultrasound Devices, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Ultrasound diagnosis is an imaging procedure carried out using high-frequency sound waves to produce precise images of structures of human body. The produced images during an ultrasound examination provide valuable information for diagnosis and treatment of several diseases. Introduction of innovative technologies such as 3D and 4D imaging are creating opportunities for the existing as well as new market players in ultrasound devices market. However, the major factors restraining the growth of the market are reimbursement policies in emerging nations. The ultrasound devices market is segmented on the basis of product type, technology, application and geography. The cart/trolley based ultrasound devices segment accounted for the largest share of the ultrasound market by products in 2015 due to factors such as cost-efficiency and high market penetration compared to compact/handheld devices. Based on technology, the 3-D and 4-D ultrasound segment held the largest share of the market in 2015 and is expected to dominate the market throughout the forecast period and is likely to expand at a high CAGR from 2015 to 2023. The overall market growth of ultrasound technology market is attributed by the use of 2D ultrasound in diagnosis of disease, accessibility to important medical reimbursement especially in mature markets, constant technological developments in the diagnostic ultrasound imaging industry, and expansion of application perspective of 3D and 4D ultrasound applications.
The key market leaders in ultrasound devices market are GE Healthcare, FUJIFILM Holdings Corporation, Koninklijke Philips N.V., Mindray Medical Corporation, Esaote SpA, and Analogic Corporation.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Ultrasound Devices buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Ultrasound Devices contains:
Analysis and forecast of Ultrasound Devices market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Ultrasound Devices market;
Assessment and forecast of Ultrasound Devices market development;
Financial and business profiles of the leading companies in the Ultrasound Devices industry.
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– Up to date working Ultrasound Devices data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Ultrasound Devices for the period 2018 to 2026
– Planned Ultrasound Devices additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Ultrasound Devices projects by region, key countries, and companies
– Details of major planned Ultrasound Devices projects in the world up to 2026
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