IRVING, Texas, June 21, 2017 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of the global ultrasound imaging market is expected to reach an estimated $7.6 billion by 2022 and is forecast to grow at a CAGR of 4.9% from 2017 to 2022. The major drivers for the growth of this market are the rising demand for minimal invasive and non-invasive diagnostic procedures, technology advancement, and an increasing number of patients.
Browse 92 market data tables and 192 figures spread through 216 pages and in-depth TOC on “Global Ultrasound Imaging Market"
Within the global ultrasound imaging market, radiology segment is expected to remain the largest market. Growing geriatric population and rise in awareness for early diagnosis are the major driving forces that will spur growth for these segments over the forecast period.
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Europe is expected to remain the largest market due to the technological advancement, geriatric population, and increasing importance on minimally invasive procedures in this region.
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Emerging trends which have a direct impact on the dynamics of the industry include technological innovations and advancement, ultrasound diagnostic in the field of guided therapy and surgery, and commercialization of portable/hand-held devices. GE Healthcare, Philips Healthcare, and Fujifilm Holdings Corporation are among the major suppliers of ultrasound devices.
The study includes a forecast for the global ultrasound imaging market by application, by technology, product type, by display, by price range, and by region, as follows:
Ultrasound Imaging Market by application [Value ($ million) from 2011 to 2022]:
- Gynecology
- Cardiology
- Radiology
- Vascular
- Urology
- Others
Ultrasound imaging market by technology [Value ($ million) from 2011 to 2022]:
- 2D Imaging
- 3D Imaging
- 4D Imaging
- Doppler Imaging
- Others
Ultrasound imaging market by product [Value ($ million) from 2011 to 2022]:
- Trolley/cart Based
- Compact
Ultrasound imaging market by display [Value ($ million) from 2011 to 2022]:
- Black and White Display
- Color Display
Ultrasound imaging market by price range [Value ($ million) from 2011 to 2022]:
- Premium High-End
- Mid-Range
- Low-End
Ultrasound imaging market by Region [Volume (Million Units) and Value ($ million) from 2011 to 2022]:
- North America
- Europe
- Asia Pacific
- Rest of the World
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This 216-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/ultrasound_imaging_market_2017_2022.aspx or helpdesk@lucintel.com
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com
This report addresses the following key questions:
Q.1 What are some of the most promising, high-growth opportunities for ultrasound imaging market by application (Gynecology, Cardiology, Radiology, Vascular, Urology, and Others), by technology (2D Imaging, 3D Imaging, 4D Imaging, Doppler Imaging, and Others), by product type (Trolley/Cart Based and Compact), by display (Black and White Display and Color Display), by price range (Premium High-End, Mid-Range, and Low-End), and by region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in the ultrasound imaging material market?
Q.6 What are the emerging trends in this market and reasons behind them?
Q.7 What are some of the changing demands of customers in the ultrasound imaging material market?
Q.8 What are the new developments in the market and which ultrasound imaging material companies are leading these developments?
Q.9 Who are the major ultrasound imaging material suppliers? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M & A activity has occurred in the last 5 years?