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Ultrasound: World Market Analysis

NEW YORK, Feb. 11, 2015 /PRNewswire/ — Medical imaging has led to improvements in the diagnosis and treatment of numerous medical conditions in children and adults. There are many types of medical imaging procedures, each of which uses different technologies and techniques.

Ultrasound is defined as energy generated by sound waves of 20,000 or more vibrations per second, with a frequency greater than the upper limit of the human hearing range. Knowledge of the harmful effects of radiation exposure continues to promote the use of ultrasound in clinical markets. Portable and handheld ultrasound units are changing and expanding the diagnostic ultrasound market by serving existing clinical markets more efficiently. They also are creating new point-of-care applications for which ultrasound had been either too cumbersome or too expensive to be used before.

This report, Ultrasound: World Market Analysis, analyzes the current and potential world market for ultrasound systems. This report generally forecasts future growth to 2018. Market segments covered include the world, U.S., European, BRIC, and Japanese markets.

Ultrasound has had a foothold in obstetrics for many years, monitoring the fetus during pregnancy. While the market for this segment will continue to increase, use of ultrasound is growing in areas from breast health to cardiology, with mobility the key for newer systems, bringing ultrasound to the bedside. Ever more compact systems allow for real-time 3-D imaging of structures, which can aid complex surgical applications and interventional procedures.

This report reviews the nature and direction of research and trends, and gives insight into some issues facing manufacturers and vendors. The report profiles several companies, including large companies that have made names for themselves in the field, as well as smaller firms with market niches. These companies are involved in developing and marketing ultrasound systems. Some of the companies profiled in the report include:

GE Healthcare
Hitachi Aloka Medical
Medison America / Samsung Electronics America
Philips Healthcare
Siemens Healthcare
SuperSonic Imagine
Terason Ultrasound / Teratech Corp.
TomTec Imaging Systems
Toshiba America Medical Systems
Volcano Corp.
Zonare Medical Systems

Market forecasts are based on an examination of current market conditions and on investigations into the development of new products by key companies. The market data are generated into multiple year forecasts, based on interviews with executives in the field and analyses. The information presented in this report is the result of data gathered from company product literature and other corporate brochures and documents, as well as information found in the scientific and trade press. In addition, interviews were conducted with company executives and researchers.