GMI Ultrasound Market | Page 2

Browse key industry insights from the report “Ultrasound Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, Qatar, Kuwait, Egypt, UAE), Application Development Potential, Price trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/ultrasound-market Color display will witness for major revenue share owing to quality images and effective diagnostic results. Portable system will grow at significant rate pertaining to growing system demand for practice in acute care environments like emergency room, ICU and operating room where transporting patients is sometimes hazardous. Hospitals holds larger revenue share due to availability of advanced technologies for imaging, low cost of procedure and rising numbers of hospitals globally. Increasing prevalence of muscle and internal injuries coupled with mounting demand for non- invasive or minimal invasive diagnostic procedures will propel the business share. U.S. will witness significant growth over the forecast period pertaining to availability of imaging technologies and developments in computer technology with real-time processing. Improved quality and high adoption rate of imaging equipment among end- users in the country will boost the ultrasound market size. UK will exhibit lucrative growth over the forecast period due to growing science and technology advancement of ultrasonic in applied medicine and rising initiatives to maintain the high standards in imaging fields. Mounting advancement of research and education systems, provision of information and advice concerning ultrasound to the public at large will fuel the industry share. China ultrasound market will grow at a substantial rate due to emerging economy offering high growth opportunities for market players. Moreover, growing healthcare infrastructure expenditure and increase in awareness towards minimally invasive procedures are the vital factors driving the demand for imaging in developing countries. Some of the industry players include Analogic, Esaote, Fujifilm Holdings, General Electric Company, Hitachi, Koninklijke Philips, Mindray Medical International, Siemens, Samsung Electronics, Shimadzu and Toshiba. The industry players focus on innovative product launch with affordability and high performance to expand their business portfolio as main strategies. For instance, Siemens Healthcare’s in 2015 launched ACUSON NX3 ultrasound system for meeting the clinical and financial demands of customers. 2 | Page