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Global Ultrasound Device Market Expected to Grow at 5.5% CAGR During 2016 - 2022: P&S Market Research

Monday, May 9, 2016 Medical Gadgets J E 4
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NEW YORK, May 9, 2016 /PRNewswire/ --

According to market research "Global Ultrasound Device Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Type (Diagnostic Ultrasound, and Therapeutic Ultrasound), by Portability (Trolley/Cart Based Ultrasound, and Portable/Compact/Hand-Held Ultrasound), by Display (Black and White Ultrasound and Color Ultrasound), by Technology (2D, Doppler, 3D and D, HIFU and ESWL), by Application (Obstetrics and Gynecology, Cardiology, General Imaging/Radiology, Vascular, Urology and Others)" by P&S Market Research, the global ultrasound device market was valued at $6,014.4 million in 2015, and it is expected to grow at a CAGR of 5.5% during 2016-2022.

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Based on portability of ultrasound, the portable/compact/handheld ultrasound segment is expected to witness the faster growth at a CAGR of 8.8%, during the forecast period.

Explore Full Report on "Global Ultrasound Device Market" at: https://www.psmarketresearch.com/market-analysis/ultrasound-devices-market

The global ultrasound device market is growing at a significant rate, due to increasing healthcare expenditure, technological advancement of ultrasound, increasing demand for minimally invasive diagnostic and therapeutic techniques, and growing geriatric population. The increasing prevalence of chronic diseases and improving healthcare infrastructure in developing countries are also driving the growth of the global ultrasound device market.

Ultrasound is a sound with frequencies higher than about 20 kHz. It moves in a wavelike manner through which it travels. The waves travel with different speed in different medium. The medical ultrasound system operates at higher frequencies, typically 1-10 MHz.

Ultrasound imaging is a medical imaging technique which uses high frequency sound waves and their echoes. It exposes body parts to high frequency sound waves in order to create images of the internal organs of the body. It does not use ionizing radiation. It provides a real time structure and movement of body's internal organs and blood flowing through blood vessels. It helps in evaluation of symptoms such as swelling, pain, infection and hematuria. In addition, it is also used for guide procedures such as needle biopsies, guide biopsy of breast and diagnosis of various heart conditions. However, it cannot penetrate mature bones and substantial gas layers.

Explore Related Research: https://www.psmarketresearch.com/industry-report/medical-devices

Stringent regulatory requirements for the approval of ultrasound devices, is inhibiting the growth of the global market. Geographically, Europe dominated the global market of ultrasound device in 2015; whereas the Asia-Pacific market is expected to witness the fastest growth, a CAGR of 6.3%, during the forecast period.

Some of the key companies operating in the global ultrasound device market include Siemens AG, Koninklijke Philips N.V., General Electric Company, Hitachi Ltd., Toshiba Corporation, Analogic Corporation, FUJIFILM Holdings Corporation, Mindray Medical International Ltd., and Esaote SpA,

Global Ultrasound Device Market Segmentation 

By Type 

  • Diagnostic Ultrasound Device
  • Therapeutic Ultrasound Device

By Portability 

  • Cart/Trolley Ultrasound Device
  • Compact/Portable/Handheld Ultrasound Device

By Technology 

  • 2D Ultrasound Device
  • Doppler Ultrasound device
  • 3D and 4D Ultrasound Device
  • High focused (HIFU) Ultrasound Device
  • Extra(ESWL) Ultrasound Device

By Display 

  • Black and White Ultrasound Device
  • Color Ultrasound device

By Application 

  • Cardiology Ultrasound
  • Obstetrics and Gynecology Ultrasound
  • General Imaging Ultrasound
  • Vascular Ultrasound
  • Urology Ultrasound
  • Others

Explore Other Published Report 

Orthopedic Trauma Devices Market - https://www.psmarketresearch.com/market-analysis/orthopedic-trauma-devices-market

ENT Devices Market - https://www.psmarketresearch.com/market-analysis/ent-devices-market

Spinal Implants and Spinal Devices Market - https://www.psmarketresearch.com/market-analysis/spinal-implants-and-spinal-devices-market

About P&S Market Research 

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we're keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact: Deep Assistant - Client Partner 347, 5th Ave. #1402 New York City, NY - 10016 Toll-Free: +1-888-778-7886 (USA/Canada) Email: enquiry@psmarketresearch.com Web: https://www.psmarketresearch.com

SOURCE P&S Market Research

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