Global Ultrasound Equipment Market to grow at a CAGR of 5.75% during the period 2016 - 2020; Finds New Report

Report forecast the global ultrasound equipment market to grow at a CAGR of 5.75% during the period 2016-2020.

Ultrasound equipment are imaging devices that use echo-enhanced high-frequency ultrasound waves to aid in medical diagnosis. Ultrasound imaging modality is considered to be safer than other imaging modalities. It is widely used by radiologists, cardiologists, obstetricians, surgeons, and other healthcare professionals to examine and diagnose medical conditions such as tumors and gynecological problems.

The report covers the present scenario and the growth prospects of the global ultrasound equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of ultrasound equipment.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one of the primary drivers in the market is advancements in image quality, volumetric ultrasound, and new technologies. Detailed visualization due to advancements in computer technology with real-time processing, improved b-mode technology, and the final data display quality, has led to a large section of end-users in the market to adopt the latest ultrasound devices. For example, Toshiba's Superb Micro-Vascular Imaging software, designed for 2D images of vessels and the 3D versions of Aplio 300 and 500 systems, can visualize even small vessel beds with the Doppler flow, in either grayscale or false color 3D reform.

Further, the report states that one major challenge in the market is growing end users' preference for refurbished equipment. The steady growth in the sales of the refurbished equipment indicate that a good number of customers prefer to buy these refurbished equipment, as in today's dynamic healthcare landscape, it is difficult to take a decision about how to invest in the new major medical device. In order to combat that, refurbished medical equipment is an attractive option for many end-users, who are eager to cut down on the extreme costs, yet obtain the necessary medical devices. On an average, the customer can get a saving of around 20%-80% of the selling price and also gets quality items, if he chooses them from a trusted supplier of refurbished medical products.

Global Ultrasound Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global ultrasound equipment market: GE, Philips, Siemens Healthineers, Hitachi Medical Systems, Toshiba Medical Systems, and FUJIFILM SonoSite.

Other prominent vendors in the market are: Accutome, ALPINION MEDICAL SYSTEMS, Analogic, BenQ Medical Technology, Bestman, BMV Technology, Boston Scientific, Carestream Health, Cephasonics, Chison, ContextVision, Delphinus Medical Technologies, Ecare, Esaote, GlobalMed, Guangzhou Yueshen Medical Equipment, Healcerion, InSightec, Jiangsu TongRen Medical Electronic Technology, Konica Minolta, MedGyn, Mindray, Mobisante, NanoVibronix, Samsung Medison, Signostics, Sonostar, St. Jude Medical, Telemed, TomTec Imaging Systems, Trivitron Healthcare, Wuhan Tianyi Electronic, Zhuhai Carelife Medical Technology, Zonare Medical Systems, and Zoncare.

Market driver

• Growing demand for 3D and 4D ultrasound equipment.
• For a full, detailed list, view our report

Market challenge

• Growing end-users' preference for refurbished equipment.
• For a full, detailed list, view our report

Market trend

• Application of ultrasound in new therapy areas.
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 115 pages and 61 Exhibits “Global Ultrasound Equipment Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Ultrasound: An overview, Life span of medical equipment determined by manufacturers, Refurbishing process, Regulatory outlines for refurbished medical equipment, Market segmentation by product type, Stationary ultrasound equipment market, Portable ultrasound equipment market, Market segmentation by technology, Market segmentation by application, Market segmentation by end-user, Geographical segmentation, Buying criteria, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Impact of trends, Vendor landscape, Key vendor analysis, Appendix.

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