Market Study Report adds Global Diagnostic Ultrasound market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.
Delaware, Selbyville – November 8, 2019 —
Asia Pacific diagnostic ultrasound devices market accounted for more than 35% revenue share in 2018 due to presence of large patient pool in the region. According to WHO by 2050, around 80% of elderly population will be living in low and middle-income countries. Rising geriatric population base prone to various chronic diseases will favor regional growth. Developing healthcare infrastructure and increasing healthcare spending will support Asia Pacific diagnostic ultrasound business growth over the forecast timeframe.
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Diagnostic Ultrasound Market will exceed USD 7 billion by 2025. Increasing prevalence of cardiac disease, liver diseases and other chronic diseases in low- and middle-income countries will stimulate diagnostic ultrasound market growth during the forthcoming years. Changing lifestyle habits such as alcohol and tobacco consumption, sedentary lifestyle and unhealthy diet will further support rise in chronic diseases thereby, augmenting business growth. According to WHO, more than 75% CVD deaths occur in low and middle-income countries. Adoption of diagnostic ultrasound in diagnosis of heart conditions, tumor, brain infections, stomach problems, abdominal cysts or abnormal growth of liver will further augment industry growth.
2D imaging segment is expected to witness 2.7% CAGR during the forecast timeframe. High acceptance for 2D ultrasound technology in middle to lower income countries will augment the segmental growth. For instance, China and India are contributing substantially to medical imaging equipment market with an effort to create a modern healthcare system. Thus, growing acceptance for 2D techniques in developing economies will further propel segmental growth.
Maternity centers segment held significant share in 2018 and is estimated to show 3.7% CAGR in the foreseeable future. Rising birth rate globally coupled with increasing complication in pregnancy and growing awareness towards safety of fetus will accelerate segmental growth over the forecast period. Moreover, growing access to ultrasound in maternity centers, rising availability of ultrasound services in developing countries and increasing emphasis on routine ultrasound during pregnancy will further spur revenue size.
Obstetrics and gynecology segment accounted for over USD 1 billion in 2018. Growing adoption of real-time imaging in obstetrics and gynecology, especially for imaging mobile subjects, such as fetus heart or fetus as well as for quick viewing of an organ from different orientations will boost diagnostics ultrasound business growth.
Europe diagnostic ultrasound market will experience 2.6% CAGR during the analysis period. Increasing prevalence of chronic diseases coupled with rapidly ageing population in the region will drive Europe diagnostic ultrasound market growth. Moreover, high technological adoption and healthcare advancement in countries such as Germany will favor industry growth. Favorable reimbursement policies with respect to fetal ultrasound imaging as well as cancer screening will escalate regional business growth.
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Notable players operating in diagnostic ultrasound market includes Koninklijke Philips, Analogic, Chison, Arthrex, C.R. Bard, Esaote, FujiFilm, GE Healthcare, Mobisante and Promed, Fukuda Denshi, Hitachi and Kalamed. The major industry players adopt strategies such as mergers, acquisition and new product launch to sustain market position and broaden existing customer base.
Table of Content:
Chapter 1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
Chapter 2. Executive Summary
2.1. Diagnostic ultrasound industry 360 degree synopsis, 2014 – 2025
Chapter 3. Diagnostic Ultrasound Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 – 2025
3.3. Industry impact forces
3.4. Growth potential analysis
3.5. Technology landscape
3.6. Porter’s analysis
3.7. Competitive landscape, 2017
3.8. PESTEL analysis
Chapter 4. Diagnostic Ultrasound Market, By Technology
4.1. Key market trends, by technology
4.3. 3D and 4D
4.4.1. Market size, by region, 2014-2025 (USD Million)
Chapter 5. Diagnostic Ultrasound Market, By Portability
5.1. Key market trends, by portability
5.3.1. Market size, by region, 2014-2025 (USD Million)
Chapter 6. Diagnostic Ultrasound Market, By Application
6.1. Key market trends, by application
6.2. General imaging
Chapter 7. Diagnostic Ultrasound Market, By End-user
7.1. Key market trends, by end-user
7.3. Maternity centers
Chapter 8. Diagnostic Ultrasound Market, By Region
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Related Report: https://www.marketwatch.com/press-release/healthcare-cybersecurity-market-share-size-to-set-phenomenal-growth-top-companies-demand-opportunity-business-strategies-forecast-by-2025-2019-11-06
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This news is published on Reuters.