India Ultrasound Systems Market: Strategic Market Analysis and Insight

GlobalData, December 2009, Pages: 37

India Ultrasound Systems Market: Strategic Market Analysis and Insight

Summary

Our “India Ultrasound Systems Market: Strategic Market Analysis and Insight” report is an essential source of data and analysis on the India Ultrasound Systems market with complete coverage by categories. The report provides market landscape, competitive landscape and market trends information on two market categories - B/W Ultrasound System and Color Doppler Ultrasound System. The report identifies the key trends shaping and driving the dynamism in the Indian Ultrasound Systems market. The report also provides insight on the prevalent competitive landscape and on the emerging players which are expected to bring significant shift in the market standing of the existing leaders. The report also provides valuable insight on the pipeline products within the India Ultrasound Systems market.

Scope

- The report provides market size data and information on two Ultrasound Systems market categories - B/W Ultrasound System and Color Doppler Ultrasound System.
- Annualized market revenues data from 2001 to 2008, forecast forward for 7 years to 2015. Updated company shares data for 2008.
- Analysis and review of the key events and milestones that will impact the future of the India Ultrasound Systems market. Each trend independently researched to provide qualitative analysis of what the implications on sectors are, and how are companies responding to these trends.
- Insightful review of key industry drivers, restraints and challenges which are likely to impact the India Ultrasound Systems market in the long run.
- In-depth analysis of the M&A landscape with a strong emphasis on the market players, likely to remain active in the near future.
- The report also covers information on the leading market players, the competitive landscape, and the leading pipeline products and technologies.
- Comprehensive analysis of the most likely developments expected to bring a shift to the market positions of the leading manufacturers.
- The report is built using data and information sourced from proprietary databases, primary and secondary research and in house analysis by Our team of industry experts.

Reasons to buy

- Develop business strategies by understanding the trends shaping and driving the India Ultrasound Systems Market.
- Design and develop your product development, marketing and sales strategies by identifying the market categories poised for a strong growth.
- Exploit in-licensing and out-licensing opportunities by identifying products that are most likely to ensure a robust return.
- Identify key players best positioned to take advantage of the emerging market opportunities by developing insight on the prevalent and anticipated competitive landscape.
- Drive revenues by understanding key trends, innovative products and technologies, market segments and companies likely to impact the India Ultrasound Systems market in future.
- Effectively plan your M&A and partnership strategies by identifying companies with the most promising pipeline.
- Identify emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
- What’s the next being thing in the India Ultrasound Systems technology landscape? - Identify, understand and capitalize.

1 Table of contents
1.1 List of Tables
1.2 List of Figures
2 Treatment Overview
2.1 Overview
2.1.1 Obstetrics and Gynecology
2.1.2 Liver Diseases and the Use of Ultrasound in Gastroenterology
2.1.3 Orthopedic and Trauma
2.1.4 Emerging New Usages of Ultrasound
2.2 Key Takeaway
3 Trends
3.1 Expansion of Health Infrastructure to Rural Areas
3.2 The Rise of Corporate Hospitals
3.3 Medical Tourism in India
3.4 Clinical Trial Epicenter
3.5 Misinterpretation of the Pre-Natal Diagnostic Techniques Act
3.6 High Import Duties
3.7 Social Stigma Plays a Key Role
3.8 Pricing Patterns Changing
3.9 Technology Boom to Drive Growth
3.10 Refurbished Ultrasound Market Expanding to Tier 2 and Tier 3 Cities
3.11 Rapid Growth of the Private Banking Sector
3.12 Brand Loyalty at an Early Stage
3.13 Increasing Use of Mobile Clinics and Subsequent Augmentation of Portable Ultrasound Systems
3.14 Integration of Therapeutic Interventions with Diagnostic Imaging
3.14.1 Ultrasound in Anesthesia Delivery
3.14.2 Vascular Surgery
3.15 End User Expectations
4 Market Characterization
4.1 Ultrasound Systems
4.1.1 Ultrasound Systems, Revenue ($m), India, Historic
4.1.2 Ultrasound Systems, Revenue ($m), India, Forecast
4.1.3 Ultrasound Systems, Volume (Units), India, Historic
4.1.4 Ultrasound Systems, Volume (Units), India, Forecast
4.1.5 Ultrasound by Type, Revenue ($m), India, Historic
4.1.6 Ultrasound by Type, Revenue ($m), India, Forecast
4.1.7 Ultrasound by Type, Volume (Units), India, Historic
4.1.8 Ultrasound by Type, Volume (Units), India, Forecast
4.2 Black and White Ultrasound Systems
4.2.1 Black and White Ultrasound Systems by Type, Revenue ($m), India, Historic
4.2.2 Black and White Ultrasound Systems by Type, Revenue ($m), India, Forecast
4.2.3 Black and White Ultrasound Systems by Type, Volume (Units), India, Historic
4.2.4 Black and White Ultrasound Systems by Type, Volume (Units), India, Forecast
4.3 Color Ultrasound Systems
4.3.1 Color Ultrasound Systems by Type, Revenue ($m), India, Historic
4.3.2 Color Ultrasound Systems by Type, Revenue ($m), India, Forecast
4.3.3 Color Ultrasound Systems by Type, Volume (Units), India, Historic
4.3.4 Color Ultrasound Systems by Type, Volume (Units), India, Forecast
4.4 Key Takeaway
5 Market Dynamics
5.1 Market Drivers
5.1.1 Miniaturization of the Devices Enhancing Portability
5.1.2 Rapid Growth in the Availability of Public Health Infrastructure
5.1.3 Increasing Awareness of Mammography Screening
5.1.4 Price Decrease is Increasing the Uptake
5.1.5 Emerging Areas to Increase Usage of Portable Ultrasound Systems
5.1.6 Increase in Emergency Units across the Country
5.2 Market Restraints
5.2.1 Price Difference Between Black & White and Color Systems
5.2.2 Reduced Availability of Credit to Purchase Equipment
5.2.3 High Import Duties Hampering Growth
6 Competitive Landscape
6.1 Overview
6.2 Company Share Analysis
7 Mergers and Aquisitions Landscape
7.1 Overview
7.2 Trivitron Enters Into a Joint Venture Agreement with Aloka
8 Appendix
8.1 Research Methodology
8.2 Secondary Research
8.3 Primary Research
8.4 Models
8.5 Forecasts
8.6 Expert Panels
8.7 Abbreviations
8.8 Contact Us
8.9 Disclaimer

Executive Summary

1.1 List of Tables
Table 1: Ultrasound Systems, Revenue ($m) by Price Range, India, 2008 - 2015 10
Table 2: Color Portable Ultrasound Systems by Clinical Setting, 2008 12
Table 3: Potential, Emerging and Conventional Usage of Ultrasound, 2009 12
Table 4: Ultrasound Systems, Revenue ($m), India, 2000 - 2008 14
Table 5: Ultrasound Systems, Revenue ($m), India, 2008 - 2015 15
Table 6: Ultrasound Systems, Volume (Units), India, 2000 - 2008 16
Table 7: Ultrasound Systems, Volume (Units) India, 2008 - 2015 17
Table 8: Ultrasound by Type, Revenue ($m), India, 2000 - 2008 18
Table 9: Ultrasound by Type, Revenue ($m), India, 2008 - 2015 19
Table 10: Ultrasound by Type, Volume (Units), India, 2000 - 2008 20
Table 11: Ultrasound by Type, Volume (Units), India, 2008 - 2015 21
Table 12: Black and White Ultrasound Systems by Type, Revenue ($m), India, 2000 - 2008 22
Table 13: Black and White Ultrasound Systems by Type, Revenue ($m), India, 2008 - 2015 23
Table 14: Black and White Ultrasound Systems by Type, Volume (Units), India, 2000 - 2008 24
Table 15: Black and White Ultrasound Systems by Type, Volume (Units), India, 2008 - 2015 25
Table 16: Color Ultrasound Systems by Type, Revenue ($m), India, 2000 - 2008 26
Table 17: Color Ultrasound Systems by Type, Revenue ($m), India, 2008 - 2015 27
Table 18: Color Ultrasound Systems by Type, Volume (Units), India, 2000 - 2008 28
Table 19: Color Ultrasound Systems by Type, Volume (Units), India, 2008 - 2015 29
Table 20: Trauma Units, India, 2008 31
Table 21: Trivitron Collaborates with Aloka 34

“India Ultrasound Systems Market: Strategic Market Analysis and Insight” report is an essential source of data and analysis on the India Ultrasound Systems market with complete coverage by categories. The report provides market landscape, competitive landscape and market trends information on two market categories – B/W Ultrasound System and Colour Doppler Ultrasound System. The report identifies the key trends shaping and driving the dynamism in the India Ultrasound Systems market. The report also provides insight on the prevalent competitive landscape and on the emerging players which are expected to bring significant shift in the market standing of the existing leaders. The report also provides valuable insight on the pipeline products within the India Ultrasound Systems market.

The The Ultrasound Systems Market in India to Grow at a CAGR of 13% during 2008 – 2015

In 2008, the ultrasound market in India was valued at $108m. It is forecast to grow at a Compound Annual Growth Rate (CAGR) of 13% over the next seven years to reach $250m in 2015. During this period the market is expected to be driven by a rapidly developing healthcare infrastructure in rural India and the increasing use of portable ultrasound systems in new applications such as critical care and vascular surgery.

GE Leads the India Ultraosund Systems Market with 33% Share

GE leads the ultrasound systems market in India with a 33% market share in terms of revenue. GE maintains its leadership largely due to its broad product pricing range. GE’s sales efforts are equally focused on both its high end systems and also the low end ones. The company keeps gaining market share in terms of units due to its large customer base that buys low end systems. Philips, Siemens and Toshiba Medical follow GE with a combined share of 39%. These companies rely on brand loyalty and extended service contracts for their customers. Other companies include Hitachi, Esaote, L&T, Sonosite and Mindray Medical.

Demand for Miniaturization and use of Ultrasound in New Application Areas to Drive the Market

The demand for miniaturization of ultrasound systems, improved handling of the devices, a decreasing price trend, and the use of ultrasound as a primary screening method for breast cancer will be the key factors influencing and driving the volume of ultrasound procedures in India. Product innovations such as decreased boost up times, increased battery backup, and stronger service contracts and warranties for probes will positively affect the future market penetration of ultrasound systems.

High import duties and the misinterpretation of the Pre-Natal Diagnostics Techniques (PNDT) Act will remain the challenges faced by the ultrasound systems market in India. However, with a booming population, an increased awareness of the advantages offered by portable colour ultrasound systems, and an ever increasing number of radiologists and physicians, India will continue to present growth and investment opportunities for ultrasound manufacturers in the future.

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