Global Echocardiography Market 2017-2021 - Product Image

Global Echocardiography Market 2017-2021

  • ID: 4225869
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • ALPINION MEDICAL SYSTEMS
  • Boston Scientific
  • CHISON
  • Ecare Medical Technology
  • GE Healthcare
  • MediMatic
  • MORE
About Echocardiography

An echocardiogram is a type of ultrasound examination, which uses high-pitched sound waves that pass through a device called a transducer. The device receives echoes of the sound waves as they bounce off to different areas of the heart. These echoes are converted into moving pictures of the heart, which can be seen on a video screen. Echocardiography is an important modality for diagnosing heart diseases. Multi-specialty hospitals with good infrastructure facilities and comprising more than 500 beds use over 10,000 cart-based, laptop/dockable, and portable/handheld echocardiography devices to diagnose and monitor patients. The growing technological advancements further help to develop three-dimensional (3D) modality software based on echocardiography systems to provide 3D images of the anatomical function of the heart.

The analysts forecast the global echocardiography market to grow at a CAGR of 4.31% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global echocardiography market for 2017-2021. To calculate the market size, the report considers the revenue generated from the echocardiography.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Echocardiography Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- GE Healthcare
- Koninklijke Philips
- Siemens Healthcare
- Toshiba Medical Systems

Other prominent vendors
- ALPINION MEDICAL SYSTEMS
- Bay Labs
- Biosense Webster
- Boston Scientific
- Bracco Imaging
- Carestream Health
- CHISON
- ContextVision
- Digirad
- Ecare Medical Technology
- Esaote
- Fujifilm
- Hitachi
- MediMatic
- Mobisante
- Samsung Medison
- MIDAS Software Solutions
- St. Jude Medical
- TELEMED Medical Systems

Market drivers
- Increasing prevalence of cardiac disorders
- For a full, detailed list, view the full report

Market challenges
- High initial set-up and maintenance costs
- For a full, detailed list, view the full report

Market trends
- Increasing guidelines likely to fuel market growth
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ALPINION MEDICAL SYSTEMS
  • Boston Scientific
  • CHISON
  • Ecare Medical Technology
  • GE Healthcare
  • MediMatic
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by product type
  • Cart-/trolley-based echocardiography devices
  • Portable/handheld echocardiography devices
PART 07: Market segmentation by technology
  • 2D echocardiography
  • 3D echocardiography
  • 4D echocardiography
  • 5D echocardiography
  • Doppler echocardiography
PART 08: Market segmentation by end-users
  • Hospitals
  • Diagnostic centers
  • Others
PART 09: Geographical segmentation
  • Echocardiography market in Americas
  • Echocardiography market in EMEA
  • Echocardiography market in APAC
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 12: Market trends
  • Growing demand for handheld or portable echocardiography devices
  • Growing use of AFI with echocardiography
  • Increasing guidelines likely to fuel market growth
  • Emergence of 5D imaging technology expanding echocardiography applications
PART 13: Vendor landscape
  • Competitive scenario
  • Key news
PART 14: Key vendor analysis
  • GE Healthcare
  • Koninklijke Philips
  • Siemens Healthcare
  • Toshiba Medical Systems
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
Exhibit 01: Snapshot of global echocardiography market 2016
Exhibit 02: Factors impacting echocardiography market 2016
Exhibit 03: Global echocardiography market 2016-2021 ($ millions)
Exhibit 04: Opportunity analysis of global echocardiography market 2016
Exhibit 05: Five forces analysis
Exhibit 06: Global echocardiography market segmentation by product type 2016 and 2021 (%)
Exhibit 07: Global echocardiography market segmentation by product type 2016
Exhibit 08: Growth lifecycle analysis: Global echocardiography market segmentation by product type 2016
Exhibit 09: Global cart-/trolley-based echocardiography devices market 2016-2021 ($ millions)
Exhibit 10: Global portable/handheld echocardiography devices market 2016-2021 ($ millions)
Exhibit 11: Global echocardiography market segmentation by product type 2016-2021 ($ millions)
Exhibit 12: Global echocardiography market segmentation by product type 2016-2021 (%)
Exhibit 13: Market insights of global echocardiography market by product type 2016-2021
Exhibit 14: Global echocardiography market segmentation by technology type
Exhibit 15: Global echocardiography market by end-users 2016
Exhibit 16: Global echocardiography market segmentation by geography 2016 and 2021 (%)
Exhibit 17: Global echocardiography segmentation by geography 2016-2021 ($ millions)
Exhibit 18: Global echocardiography market segmentation by geography 2016-2021 (%)
Exhibit 19: Global echocardiography market segmentation by geography 2016
Exhibit 20: Growth lifecycle analysis: Echocardiography market segmentation by geography 2016
Exhibit 21: Echocardiography market in Americas 2016-2021 ($ millions)
Exhibit 22: Echocardiography market in EMEA 2016-2021 ($ millions)
Exhibit 23: Echocardiography market in APAC 2016-2021 ($ millions)
Exhibit 24: Reimbursement codes for echocardiography procedure in US
Exhibit 25: Impact of drivers
Exhibit 26: Impact of challenges
Exhibit 27: Competitive structure analysis of global echocardiography market 2016
Exhibit 28: Market share of global echocardiography market 2016
Exhibit 29: Market penetration of various manufacturers of global echocardiography market 2016
Exhibit 30: Strategic success factors of companies in global echocardiography market
Exhibit 31: GE Healthcare: Key highlights
Exhibit 32: GE Healthcare: Strength assessment
Exhibit 33: GE Healthcare: Strategy assessment
Exhibit 34: GE Healthcare: Opportunity assessment
Exhibit 35: Koninklijke Philips: Key highlights
Exhibit 36: Koninklijke Philips: Strength assessment
Exhibit 37: Koninklijke Philips: Strategy assessment
Exhibit 38: Koninklijke Philips: Opportunity assessment
Exhibit 39: Siemens Healthcare: Key highlights
Exhibit 40: Siemens Healthcare: Strength assessment
Exhibit 41: Siemens Healthcare: Strategy assessment
Exhibit 42: Siemens Healthcare: Opportunity assessment
Exhibit 43: Toshiba Medical Systems: Key highlights
Exhibit 44: Toshiba Medical Systems: Strength assessment
Exhibit 45: Toshiba Medical Systems: Strategy assessment
Exhibit 46: Toshiba Medical Systems: Opportunity assessment
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FEATURED COMPANIES

  • ALPINION MEDICAL SYSTEMS
  • Boston Scientific
  • CHISON
  • Ecare Medical Technology
  • GE Healthcare
  • MediMatic
  • MORE
New Report Released: – Global Electrocardiography Market 2017-2021

The author of the report recognizes the following companies as the key players in the global electrocardiography market: GE Healthcare, Koninklijke Philips, Siemens Healthcare, and Toshiba Medical Systems

Other Prominent Vendors in the market are: ALPINION MEDICAL SYSTEMS, Bay Labs, Biosense Webster, Boston Scientific, Bracco Imaging, Carestream Health, CHISON, ContextVision, Digirad, Ecare Medical Technology, Esaote, Fujifilm, Hitachi, MediMatic, Mobisante, Samsung Medison, MIDAS Software Solutions, St. Jude Medical, and TELEMED Medical Systems

Commenting on the report, an analyst from the research team said: “AFI offers a clinical decision support tool for evaluating left ventricular function at rest. When the left ventricular function is visualized but the assessment is questionable, AFI harnesses computerized quantitative assessment to visualize potential wall motion abnormalities. AFI can also be used to differentiate disease from non-disease segments and to understand more about the various strain patterns of specific disease types. AFI also reduces left ventricular function assessment variability and streamlines workflow besides improving laboratory quality assurance. The clinician chooses the views to activate the algorithm. The algorithm differentiates tissue from blood space to enhance accuracy when defining the region of interest. For instance, AFI is available on GE Healthcare’s multiple Vivid products such as Vivid S70, Vivid S60, Vivid E90, Vivid iq Premium, and EchoPAC. Some of the advantages of this method include clear assessment of left ventricular function than the Western medicines (WM) methods (standard echo methods), better quantitative assessment of the contractility function of the heart, and less dependency on operator. It also works up to heart rates of 120 beats/minute. Also, AFI has the potential to lower overall costs. For instance, the Medicare cost (average) of an AFI assessment is 50% lower than SPECT. Therefore, the vendors are increasingly integrating echocardiogram with AFI. Also, there have been increasing studies conducted on AFI, and the research was shown to be useful in cancer patients after treatment with chemotherapy, diabetes, and valve diseases. Some of the other areas of application include the diagnosis of hypertrophic cardiomyopathy and amyloidosis. Thus, the growing use of the AFI technology in echocardiography will lead to a surge in demand for echocardiography devices globally in the coming years.”

According to the report, the growing technological advancements are expected to fuel the global echocardiography market growth. Vendors are increasingly focusing on developing new advanced echocardiography systems with advanced features for providing better diagnostic images of the heart by using ultrasound waves. For instance, Toshiba Medical Systems is offering Aplio i-series ultrasound system, which is used for cardiac application to diagnose or evaluate the condition of the heart. Aplio i-series uses ultra-high frequency linear transducer parallel signal processing to handle extremely large volumes of data at high speed. Also, vendors are focusing on the development of advanced image-capable echocardiography with the use of an injectable suspension. For instance, in February 2017, Lantheus Medical Imaging received the US FDA approval for DEFINITY (perflutren lipid microsphere), an injectable suspension. DEFINITY is indicated for use in individuals with suboptimal echocardiograms to opacify the left ventricular chamber. In addition, Koninklijke Philips is offering QLAB cardiac analysis ultrasound software to provide better data management and clear imaging. Further, vendors are focusing on the development of Anatomically Intelligent Ultrasound (AIUS) application to detect and quantify the left ventricle and left atrium volumes and ejection fraction with live 3D volume. Koninklijke Philips has developed the HeartModelᴬ AIUS, which offers advanced automated quantification, 3D views, robust reproducibility, and time saving of up to 82% to everyday echocardiography.

Further, the report states that the presence of various alternatives is expected to hamper the market growth. Although there is increased demand for echocardiograms for diagnosing various heart-related diseases, the availability of other diagnostic methods hinders the market growth. For instance, a coronary angiogram is a gold standard for the detection of blockage in the heart. This procedure uses contrast dye, which contains iodine, and X-ray pictures to diagnose blockages in the coronary arteries. This procedure is also used to diagnose coronary heart disease and coronary microvascular disease following chest pain, sudden cardiac arrest, or other abnormal results from tests such as an ECG of the heart or an exercise stress test. Generally, coronary angiography is performed with a cardiac catheterization procedure, which is an invasive method. However, end-users in developing economies still prefer the invasive methods such as coronary angiogram owing to its cost-effectiveness. In addition, the availability of traditional diagnostic methods such as chest X-ray, ECG, stress test, CT scan, MRI scan, and myocardial biopsy will hamper the adoption rates of an echocardiogram.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • GE Healthcare
  • Koninklijke Philips
  • Siemens Healthcare
  • Toshiba Medical Systems
  • ALPINION MEDICAL SYSTEMS
  • Bay Labs
  • Biosense Webster
  • Boston Scientific
  • Bracco Imaging
  • Carestream Health
  • CHISON
  • ContextVision
  • Digirad
  • Ecare Medical Technology
  • Esaote
  • Fujifilm
  • Hitachi
  • MediMatic
  • Mobisante
  • Samsung Medison
  • MIDAS Software Solutions
  • St. Jude Medical
  • TELEMED Medical Systems
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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