Market Snapshot:
Over the past couple of decades, micro-ultrasound imaging tools have evolved as comparatively less expensive imaging solution over the existing imaging solutions. In the case of Micro Ultrasound Systems, sound waves are generated through the transducers which are penetrated to the human tissues. Then the tissues reflect the sound waves back to the source to generate accurate invasive imaging with any major invasive surgeries. Thus, the global micro ultrasound market will grow significantly in the forecasting years.
Highlights from Micro-Ultrasound Systems Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Largest Market | North America |
Unit | Value (USD Million) |
CAGR | 5.5% |
The key Players profiled in the report are FUJFILM VisualSonics Inc. (United States), Hitachi Medical Systems (Japan), Exact Imaging (Canada), Carestream Health (United States), Clarius Mobile Health (Canada), GE Healthcare (United States), Toshiba Corporation (Japan), Siemens AG (Germany), Phillips Healthcare (Netherlands) and Deltex Medical (United Kingdom). Additionally, other players that are part of this comprehensive study are Micro Medical Devices (United States) and Tensys Medical (United States).
Geographic Breakdown and Segment Analysis
The Global Micro-Ultrasound Systems market presents a comprehensive analysis of the Micro-Ultrasound Systems market by product type (Non-invasive imaging and Invasive imaging), by end-user/application (Cancer Research or Tumor Volume, Lesion Detection and Drug Efficacy), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Micro-Ultrasound Systems industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the North America holds majority of market share of the Micro-Ultrasound Systems market, the Europe has emerged as a crucial market for several Micro-Ultrasound Systems brands.
Analyst at AMA have segmented the market study of Global Micro-Ultrasound Systems market by Type, Application and Region.
Influencing Trend:
Robust Research and Developments on Micro Ultrasound Systems Developments and Introduction to Micro Ultrasound in Urology
Market Growth Drivers:
Uses Unique Techniques for Detecting Tiny Invasive Tumors and Provides High-Resolution Real-Time Imaging
Challenges:
Limited Penetration Depth of Micro Ultrasound and Availability of Number of Substitutes and Required Skilled Workers
Restraints:
Comparatively Lower Adoption than CT and MRI Ultrasound Equipment and Micro Ultrasound System Quality Totally Depends on the Operator
Opportunities:
Micro Ultrasound Systems are portable and Easy to Transport and Minimised Risk of Radiations for Micro Ultrasound Systems
Market Developments Activities:
In January 16th, 2019, the global leader in high-resolution micro-ultrasound systems enabling real-time imaging and biopsy guidance for the prostate has been acquired by Atlanta’s leading urology provider three ExactVu micro-ultrasound systems with FusionVu capabilities. This will allow patients across Atlanta to benefit from the highest resolution real-time targeted prostate biopsies with either micro-ultrasound or with micro-ultrasound/MRI fusion.
In July 26th, 2018, Exact Imaging has partnered with preeminent urology specific Group Purchasing and Service Organization in North America named ‘UroGPO Imaging Partner’. Thus, “ExactVu” micro-ultrasound platform has availed UroGPO suite of offerings to urology practices across the United States.
Key Target Audience
Micro Ultrasound System Manufacturers, Micro Ultrasound Distributors and Traders, Healthcare Industry Associations, Government Agencies, Medical Research and Development Organizations and Others