Global Color Ultrasound Market Overview:
Color Doppler is type of Doppler uses a computer to convert sound waves into different colours. These colours depict the speed and direction of blood flow in real time. Color ultrasound, also known as colour Doppler, is a non-invasive medical imaging technique used to visualise various types of blood flow through the body. This diagnostic imaging technique is useful in detecting diseases such as cancer, heart and cardiovascular disease, blood clots, and other disorders. Colored images are created by using sound waves that can be seen with the naked eye. Color ultrasound is a combination of ultrasound (sonography) and Doppler flow measurement technology, as well as computer science.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Color Ultrasound Market Dynamics:
Attributes | Details |
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Growth Drivers | - The Colour Diagnostic Ultrasound Scanner Is Being Driven By An Increase In The Prevalence Of Target Diseases
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Restraints | - High Cost Associated With Color Ultrasound System
- Lack Of Skilled Personnel For Operating Color Ultrasound Devices
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Road Blocks / Challenges | - Intense Competition Among The Competitors
- Limitations Of Ultrasound Diagnostics Is Also Hindering The Growth
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Gaps & Opportunities | - Rise In The Expansion Of Applications Of Color Ultrasound
- Establishing New Medical Facilities In Developing Regions
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Competitive Landscape:
The market for Color Ultrasound is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share.
Some of the key players profiled in the report are Philips (Netherlands), GE (United States), Siemens (Germany), Hitachi Aloka (United States), Samsung Medison (South Korea), Toshiba (Japan), Esaote (Italy), Neusoft Corporation (China) and Analogic (United States). Additionally, following companies can also be profiled that are part of our coverage like FUJIFILM Sonosite, Inc. (United States), Terason (United States), SonoScape (United States), Mindray (China) and SIUI (China). Analyst at AMA Research see United States Players to retain maximum share of Global Color Ultrasound market by 2027. Considering Market by End User, the sub-segment i.e. Hospitals will boost the Color Ultrasound market.
Latest Market Insights:
On 21 December 2021, GE announced that it has completed its previously announced acquisition of BK Medical, a leader in advanced surgical visualization, from Altaris Capital Partners, LLC. The companies entered into a definitive agreement for GE to purchase BK Medical. With this acquisition, GE Healthcare adds the fast-growing and relatively new field of real-time surgical visualization to GE’s pre- and post-operative Ultrasound capabilities, creating an end-to-end offering through the full continuum of care from diagnosis through therapy and beyond.
On 14 October 2021, NeuroLogica Corp., the U.S. healthcare subsidiary of Samsung, introduces the V8; a high-end ultrasound system that provides enhanced image quality, usability and convenience for ultrasound professionals. The V8 was recently cleared by the U.S. Food and Drug Administration for commercial use in the USA. The feature-packed device includes two new artificial intelligence (AI) functions. and On n 1 March 2022, Philips, a global leader in health technology, announced the launch of Ultrasound Workspace at the American College of Cardiology’s Annual Scientific Session & Expo. Philips Ultrasound Workspace is an industry leading vendor-neutral echocardiography image analysis and reporting solution that can be accessed remotely via a browser.
What Can be Explored with the Color Ultrasound Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Color Ultrasound Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Color Ultrasound
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Color Ultrasound market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Color Ultrasound market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.