MediPoint: Ultrasound Systems - Global Analysis and Market Forecasts

  • ID: 4142907
  • Report
  • Region: Global
  • 169 pages
  • GlobalData
1 of 4

FEATURED COMPANIES

  • Analogic Corporation
  • Esaote S.p.A.
  • GE Healthcare Limited
  • Hitachi, Ltd.
  • Philips Healthcare
  • Samsung Medison Co. Ltd.
  • MORE
MediPoint: Ultrasound Systems - Global Analysis and Market Forecasts

Summary:

Ultrasound systems are widely used to achieve early detection and clinical assessment, providing non-radioactive, cost-effective diagnostic ultrasound imaging in a variety of clinical settings. Ultrasound technology has developed greatly over the past decades, and the market has become mature. With the growth of the elderly population and rising prevalence of diseases worldwide, the need for ultrasound systems is growing consistently. Ultrasound systems space, which covers 39 major markets, is set to rise steadily from $4.2 billion in 2016 to $5 billion by 2023, representing a compound annual growth rate (CAGR) of 2.5%.

The Real-time 3D/4D ultrasound systems lead the market with a steady growth which can be attributed to their effective functionalities and advanced features. 3D ultrasound systems draw a respectable portion of revenue of the ultrasound business due to cost-effective offerings. Additionally, today’s handheld ultrasound systems with better image quality and more advanced modes have consistently gained acceptance.

Tina Deng, MSc, The Analyst covering Medical Devices, explains: “Ultrasound technology has developed greatly over the past few decades, and the market has become mature. With the growth of the elderly population and rising prevalence of diseases worldwide, the need for ultrasound systems is growing consistently.

The European markets will fare the worst with a combined CAGR of 1.3%, as they are very saturated. The modest growth in market volume is largely offset by negative pricing pressures and cost-containment measures in healthcare systems, resulting in only slight revenue growth in the cart-based ultrasound market. However, the increasing demand for point-of-care devices will drive growth in these regions.”

Deng continues: The Asia-Pacific region is the largest market owing to a large patient base, demands for better quality healthcare, and increasing government initiatives from emerging economies to expand healthcare facilities. Indeed, India is the fastest-growing market of all, demonstrating a CAGR of 5.4%. In North America, the primary factor for growth in the ultrasound systems market has been the rise in technological innovation and a continual shift towards cost-effective diagnosis.

In terms of key market players, the competitive landscape in the global ultrasound systems market has remained relatively stable. Market players are subject to intense competition based on product design, performance, pricing, quality, and service. GE is the leader in the ultrasound systems market, followed by Siemens and Philips, as these companies continue to improve on image quality, ease of use, mobility, reliability, and flexibility with a robust portfolio of specialized ultrasound transducers.
Companies Analyzed: 10 companies with detailed profiles: GE Healthcare, Siemens, Philips, Toshiba, Analogic, Esaote, Fujifilm, Hitachi, Mindray, and Samsung.

Scope:

- Competitive assessment: Currently marketed ultrasound systems and evolving competitive landscape
- In-depth analysis of unmet needs and adoption trends of different ultrasound systems.
- Insightful review of the key industry drivers, opportunities, restraints and challenges. Each trend is independently researched to provide qualitative analysis of its implications
- Pipeline analysis: Emerging products and technologies.
- Annualized total ultrasound systems market revenue by segment and market outlooks by country from 2014-2023.
- Other key topics covered include strategic competitive assessment, market characterization, identification of unmet needs, market dynamics, and implications of the emerging technologies on the market.

Reasons to buy

The report will enable you to -
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the global Ultrasound Systems market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the global Ultrasound Systems market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the performance of various competitors.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific Ultrasound Systems market from 2014-2023.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Analogic Corporation
  • Esaote S.p.A.
  • GE Healthcare Limited
  • Hitachi, Ltd.
  • Philips Healthcare
  • Samsung Medison Co. Ltd.
  • MORE
1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Introduction
2.1 Catalyst
2.2 Related Reports
2.3 Technology Overview
2.3.1 A-Mode
2.3.2 2D Ultrasound
2.3.3 M-Mode
2.3.4 Doppler Mode
2.3.5 3D Ultrasound
2.3.6 Real-Time 3D/4D Ultrasound
3 Market Access
3.1 Reimbursement
3.1.1 North America
3.1.2 Europe
3.1.3 Asia-Pacific
3.1.4 South America
3.1.5 Middle East and Africa
3.2 Regulatory Issues/Recalls
3.3 M&A/Key Partnerships
4 Unmet Needs
4.1 Overview
4.2 Instrumentation Improvement
4.3 Inter-Instrument Variability
4.4 Ultrasound Remains Significantly Operator-Dependent
5 Competitive Assessment
5.1 Major Players
5.1.1 GE Healthcare Limited
5.1.2 Siemens Healthcare GmbH
5.1.3 Philips Healthcare
5.1.4 Toshiba Medical Systems Corporation
5.1.5 Analogic Corporation
5.1.6 Esaote S.p.A.
5.1.7 Fujifilm Holdings Corporation
5.1.8 Hitachi, Ltd.
5.1.9 Mindray Medical International Limited
5.1.10 Samsung Medison Co. Ltd.
5.2 Pipeline Products Assessment
5.3 Clinical Trials
5.4 Company Share Analysis
5.4.1 Global
5.4.2 North America
5.4.3 Europe
5.4.4 Asia-Pacific
5.4.5 South America, Middle East, and Africa
6 Market Outlooks
6.1 Procedure Trends
6.1.1 Growing Clinical Role of Ultrasound Elastography
6.1.2 Contrast Ultrasound Imaging to Foster Growth
6.1.3 Gaining Popularity of Portable Ultrasound Systems
6.1.4 Newer Applications for Diagnostic Ultrasound on the Horizon
6.1.5 Fusion Imaging
6.2 Market Drivers and Barriers
6.2.1 Driver: Rising Prevalence of Diseases
6.2.2 Driver: Escalating Global Population
6.2.3 Driver: Increased Demand for Cost-Effective Quality Healthcare
6.2.4 Driver: Newer Technologies to Drive the Growth of the Market
6.2.5 Driver: Increased Consciousness Regarding Radiation Dose
6.2.6 Driver: Compact Systems to Drive Growth
6.2.7 Driver: Expanding Use of Ultrasound by Non-Radiologists
6.2.8 Driver: Steady Reimbursement and Other Government Funding
6.2.9 Driver: Population-Based Screening Applications Using Diagnostic Ultrasound
6.2.10 Barrier: Shortage of Dedicated Ultrasound Technologists
6.2.11 Barrier: Less Monetary Incentive to Use Ultrasound in Comparison with Other Techniques
6.2.12 Barrier: Lifestyle-Related Diseases May Tip the Scales
6.2.13 Barrier: Reduced Hospital Budgets
6.2.14 Barrier: Availability of Venture Capital?
6.3 Market Outlooks by Segment
6.3.1 Global Overview
6.3.2 By Region
6.4 Market Outlooks by Geography
6.4.1 Global Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia-Pacific
6.4.5 South America
6.4.6 Middle East and Africa
7 Appendix
7.1 Data Book
7.1.1 Market Value
7.1.2 Market Volume
7.2 Bibliography
7.3 Abbreviations
7.4 Methodology
7.4.1 Overview
7.4.2 Coverage
7.4.3 Secondary Research
7.5 Forecasting Methodology
7.6 Primary Research Efforts
7.7 About the Authors
7.7.1 Tina Deng, MSc, MBS, Analyst, Medical Devices
7.7.2 Sarah Janer, Analyst - Medical Devices
7.7.3 Linda Tian, MSc, Managing Analyst, Medical Devices
7.7.4 Tyler Fletcher, Global Head of Medical Devices
7.8 About Us
7.9 Disclaimer

1.1 List of Tables
Table 1: Product Recalls (2015-2016)
Table 2: Key Mergers and Acquisitions (2015-2016)
Table 3: Company Profile - GE Healthcare
Table 4: GE Healthcare SWOT Analysis, 2016
Table 5: GE Healthcare Portfolio Assessment, 2016
Table 6: Company Profile - Siemens
Table 7: Siemens Healthcare SWOT Analysis, 2016
Table 8: Siemens Portfolio Assessment, 2016
Table 9: Company Profile - Philips
Table 10: Philips SWOT Analysis, 2016
Table 11: Philips Portfolio Assessment, 2016
Table 12: Company Profile - Toshiba
Table 13: Toshiba Medical Systems SWOT Analysis, 2016
Table 14: Toshiba Portfolio Assessment, 2016
Table 15: Company Profile - Analogic
Table 16: Analogic SWOT Analysis, 2016
Table 17: Analogic Portfolio Assessment, 2016
Table 18: Company Profile - Esaote
Table 19: Esaote SWOT Analysis, 2016
Table 20: Esaote Portfolio Assessment, 2016
Table 21: Company Profile - Fujifilm
Table 22: Fujifilm SWOT Analysis, 2016
Table 23: Fujifilm Portfolio Assessment, 2016
Table 24: Company Profile - Hitachi
Table 25: Hitachi SWOT Analysis, 2016
Table 26: Hitachi Portfolio Assessment, 2016
Table 27: Company Profile - Mindray
Table 28: Mindray SWOT Analysis, 2016
Table 29: Mindray Portfolio Assessment, 2016
Table 30: Company Profile - Samsung
Table 31: Samsung SWOT Analysis, 2016
Table 32: Samsung Portfolio Assessment, 2016
Table 33: Key Pipeline Products
Table 34: Key Clinical Trials
Table 35: Global Market Value Forecast by Segment for Ultrasound Systems, $m, 2014-2023
Table 36: North America Market Value Forecast by Segment for Ultrasound Systems, $m, 2014-2023
Table 37: Europe Market Value Forecast by Segment for Ultrasound Systems, $m, 2014-2023
Table 38: Asia-Pacific Market Value Forecast by Segment for Ultrasound Systems, $m, 2014-2023
Table 39: South America Market Value Forecast by Segment for Ultrasound Systems, $m, 2014-2023
Table 40: Middle East and Africa Market Value Forecast by Segment for Ultrasound Systems, $m, 2014-2023
Table 41: Global Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Table 42: North America Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Table 43: Europe Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Table 44: Asia-Pacific Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Table 45: South America Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Table 46: Middle East and Africa Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Table 47: Global Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Table 48: Global Market Value Forecast for 2D Ultrasound Systems by Geography, $m, 2014-2023
Table 49: Global Market Value Forecast for 3D Ultrasound Systems by Geography, $m, 2014-2023
Table 50: Global Market Value Forecast for Real-Time 3D/4D Ultrasound Systems by Geography, $m, 2014-2023
Table 51: Global Market Value Forecast for Handheld Ultrasound Systems by Geography, $m, 2014-2023
Table 52: Global Market Volume Forecast for Ultrasound Systems by Geography, 2014-2023
Table 53: Global Market Volume Forecast for 2D Ultrasound Systems by Geography, 2014-2023
Table 54: Global Market Volume Forecast for 3D Ultrasound Systems by Geography, 2014-2023
Table 55: Global Market Volume Forecast for Real-Time 3D/4D Ultrasound Systems by Geography, 2014-2023
Table 56: Global Market Volume Forecast for Real-time 3D/4D Ultrasound Systems by Geography, 2014-2023

1.2 List of Figures
Figure 1: Global Company Share for Ultrasound Systems, 2016
Figure 2: North America Share for Ultrasound Systems, 2016
Figure 3: 5EU Share for Ultrasound Systems, 2016
Figure 4: Other EU Countries Share for Ultrasound Systems, 2016
Figure 5: Asia-Pacific Company Share for Ultrasound Systems, 2016
Figure 6: South America, Middle East and Africa Company Share for Ultrasound Systems, 2016
Figure 7: Global Ultrasound Systems Market Forecast ($m), 2014-2023
Figure 8: Ultrasound Systems Market Comparison by Segment, 2016 and 2023
Figure 9: North America Ultrasound Systems Market Forecast ($m), 2014-2023
Figure 10: Europe Ultrasound Systems Market Forecast ($m), 2014-2023
Figure 11: Asia-Pacific Ultrasound Systems Market Forecast ($m), 2014-2023
Figure 12: South America Ultrasound Systems Market Forecast ($m), 2014-2023
Figure 13: Middle East and Africa Ultrasound Systems Market Forecast ($m), 2014-2023
Figure 14: Global Market Value Forecast for Ultrasound Systems by Geography $bn, 2014-2023
Figure 15: Global Ultrasound Systems Market Revenue Distribution by Geography, 2016 and 2023
Figure 16: North America Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Figure 17: 5EU Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Figure 18: Other European Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Figure 19: Asia-Pacific Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Figure 20: South America Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-2023
Figure 21: Middle East and Africa Market Value Forecast for Ultrasound Systems by Geography, $m, 2014-
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • GE Healthcare Limited
  • Siemens Healthcare GmbH
  • Philips Healthcare
  • Toshiba Medical Systems Corporation
  • Analogic Corporation
  • Esaote S.p.A.
  • Fujifilm Holdings Corporation
  • Hitachi, Ltd.
  • Mindray Medical International Limited
  • Samsung Medison Co. Ltd.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll