VALLEY COTTAGE, New York,
May 22, 2018 /PRNewswire/ --
Digitization in the healthcare sector has revamped the
ultrasound systems market. The advancements in different spheres of
the industry has benefited not just the patients but the market
too, as the demand for medical examination has surged over the past
decade. A new market research report by Future Market Insights,
revolves around an in-depth and an all-inclusive analysis of Global
Ultrasound Systems Market, reveals a strong growth of the market
due to upgraded services provided to the patients and also the
easier approach to the internal body examination witnessed with the
usage of ultrasound systems. According to the outcomes of global
forecast mentioned in the report titled 'Ultrasound Systems
Market - Global Industry Analysis 2013 - 2017 and
Opportunity Assessment 2018 -
2028', the global ultrasound systems market is
expected to reach a market value of over US$
12,500 Mn by the end of 2028, growing at an impressive CAGR
of 5.7% during the forecast period.
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Hospitals to hold largest share in Ultrasound Systems Market
with highest demand for application in Radiology
Hospitals shift toward more value-oriented products, they need
to operate more efficiently and productively. Similarly, a quality
shift has occurred with patients, who more proactively involved in
their care. Trends from the shift to value-based care include data
integration and population health management. An influx of data
combined with advancements in imaging helps leverage these data to
not only bring further value but also apply it to broader
populations. Along with the clearer and high definition pictures
that are a part of ultrasound systems, there has also been an
introduction to the portable machines. These are the more handy and
easy to move form of ultrasound systems that have come into
existence not long ago. Although the developed nations are already
familiar with the technology, the market may find a higher
prospects of growth in the developing regions. The market analysis
has shown that hospitals hold the highest market share in the
Global Ultrasound Systems Market, however diagnostics imaging and
surgical centers are expected to raise a higher demand for the
systems in the coming years. In terms of application the market is
also dominated by Radiology as the key application area for
ultrasound systems and is expected to continue growing further at a
CAGR of 6.3% during the forecast period, as analyzed by FMI.
Preview Ultrasound Systems Market Segmentation by
Modality - Cart/Trolley Based, Compact/Handheld Ultrasound Devices;
Application - Radiology, Obstetrics and Gynecology,
Gastroenterology, Cardiovascular, Others (Breast Imaging, Urology,
Emergency Care and among others); End User - Hospitals &
Clinics, Diagnostic Imaging & Surgical Centers, ASCs,
Others: https://www.futuremarketinsights.com/reports/ultrasound-systems-market
Favourable Government Policies to Benefit Start-up Companies
and Independent diagnostic centers
As a move to encourage start-up companies, government of various
regions like Asia Pacific and MEA
have bolstered the initiatives to support the new start-ups who are
entering the healthcare and medical device industry. It includes
exemption of taxes for the first three years, subsidizing patent
protection cost etc. The move is intended to boost the overall
market for medical devices. Specifically the medical imaging market
has also taken an independent position in the global market. With
the betterment in services and advanced facilities related to
ultrasound or any other imaging techniques, the global market is
expected to witness a higher volume of independent imaging centers.
The companies have also independently introduced handy and
user-friendly devices in the market. GE, Philips, Samsung, Fukuda,
Mindray, Hitachi, Toshiba, and Siemens, all these companies offer
their own particular models.
The coming years will showcase more advanced ultrasound systems,
which will provide an image clearer than 3D or 4D pictures.
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