What is Ultrasound Imaging?
Ultrasound is one of several kinds of medical imaging technologies available. The internal organs of the body are visualized using high-frequency sound waves in an ultrasound device. It can be defined as a device that uses high-frequency sound waves to record images of interior organs. A transducer and an ultrasonic detector, or probe, make up an ultrasound system. This minimally invasive diagnostic technology does not use ionizing radiation to diagnose or treat body illnesses. Ultrasound is sound energy in the form of waves having a frequency above the human hearing range i.e 20 Khz. Ultrasound is a way of using sound waves to look inside the human body.
The market study is broken down by Type (Grey Scale Imaging {A-Mode, B-Mode, M-Mode} and Doppler Imaging {Continuous wave Doppler, Power Doppler, Color Doppler, Duplex Doppler, Pulsed wave Doppler}), by Application (Multipurpose ultrasound imaging, Sonography, Gynaecological and obstetric ultrasound imaging, Cardiovascular ultrasound imaging, Ophthalmic ultrasound imaging, Anaesthetic and intensive care ultrasound imaging and Others) and major geographies with country level break-up.
The detection of different symptoms in the body is checked by an ultrasound system is one of the important inventions in the medical field. Medical ultrasound system devices are blooming in the market as the treatment is easy due to early detection via ultrasound devices . The companies, therefore, bring new inventions and use technology for better results which is increasing the competition between the top companies and may give rise to mergers and acquisitions for high-profit earnings. The medical devices easing the detection and giving quick results are the reason many companies are launching new devices. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Ultrasound Imaging market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Accutome Inc (United States), Acuvista Ultrasound limited (Lithuania), Advanced Instrumentations (United States), ANA-MED (Poland), AnaSonic (China), BK Ultrasound (United States), Biocare medical (united States), Cephasonics ultrasound (United States), MEDA Co Ltd (China), Echo-Son (Poland) and GE Healthcare (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Ultrasound Imaging market by Type, Application and Region.
On the basis of geography, the market of Ultrasound Imaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Hospitals will boost the Ultrasound Imaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In March 2018, GE Healthcare is a multinational company that provides medical imaging, monitoring, bio-manufacturing, and cell, and gene therapy technologies (US) has expanded with Trice Imaging (US) their partnership for software enhancements and developments to be made for GE’s LOGIQ E10 ultrasound system.
Market Trend
- Ultrasound of Cancer with Increasing Incidences of Cancers Cases Is In High Trend
Market Drivers
- Increasing demand of Ultrasonography or diagnostic sonography
- Increasing Number of Diagnostic Centers & Hospitals
- Growth in the number of urological discrepancies
- Increasing incidence rate of kidney stones
Opportunities
- The Increase in Demand for Various Diagnostic Procedures such as Obstetrics and Gynecology
- Expanding Applications of Therapeutic Ultrasound
Restraints
- Problems Associated due to Development of heat
- Stringent Government Rules and Regulations
Challenges
- Sonographic devices have trouble penetrating bone
Key Target Audience
Medical Ultrasound System Manufacturers, Pathology Labs, Hospital & Diagnostic centre, Academic Centre, Research Organization and Government organization
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.