Global Ultrasound Market poised to grow beyond USD 6.92billion by 2021
Infinium Global Research has undertaken a new report on Global Ultrasound Market: Trends Analysis and Forecast 2021. The report presents analysis global as well as regional markets of Ultrasound over the period of 2015 to 2021 Moreover, the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented in terms of value for the historic year 2015 and estimated for forecast period of 2016 to 2021.
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The global ultrasound device market is growing at a significant rate, due to increasing healthcare expenditure, technological advancement of ultrasound, increasing demand for minimally invasive diagnostic and therapeutic techniques, and growing geriatric population. The increasing prevalence of chronic diseases and improving healthcare infrastructure in developing countries are also driving the growth of the global ultrasound device market.
Ultrasound is a sound with frequencies higher than about 20 kHz. It moves in a wavelike manner through which it travels. The waves travel with different speed in different medium. The medical ultrasound system operates at higher frequencies, typically 1-10 MHz.
Ultrasound imaging is a medical imaging technique which uses high frequency sound waves and their echoes. It exposes body parts to high frequency sound waves in order to create images of the internal organs of the body. It does not use ionizing radiation. It provides a real time structure and movement of body’s internal organs and blood flowing through blood vessels. It helps in evaluation of symptoms such as swelling, pain, infection and hematuria. In addition, it is also used for guide procedures such as needle biopsies, guide biopsy of breast and diagnosis of various heart conditions. However, it cannot penetrate mature bones and substantial gas layers.
Moreover the report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand globally as well as regionally. Moreover, Infinium Global Research- Growth Matrix (IGR- Growth Matrix) given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of Ultrasound market. Moreover, the study highlights current market trends and provides forecast from 2016 to 2021. We also have highlighted future trends in the Ultrasound marketthat will impact the demand during the forecast period.
The Infinium Global Research- Growth Matrix (IGR- Growth Matrix) provided in this report highlights key investing markets in the world. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
The companies covered in the report include Koninklijke Philips N.V. (Netherlands), Toshiba Corporation (Japan), Siemens AG (Germany), Hitachi Ltd. (Japan), Samsung Electronics Co., Ltd. (South Korea), FUJIFILM Holdings Corporation (Japan), EsaoteS.p.A. (Italy), Mindray Medical International Ltd. (China), and Analogic Corporation (U.S.).
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