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Teleultrasound System Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

  • ID: 5012612
  • Report
  • January 2022
  • Region: Global
  • 117 Pages
  • Mordor Intelligence

FEATURED COMPANIES

  • AdEchoTech
  • Analogic Corporation
  • Koninklijke Philips N.V
  • Robo Medical
  • T-MedRobotics

The Teleultrasound System Market is expected to register a CAGR of 6% during the forecast period. This is attributing to increasing prevalence of target diseases, introduction of technologically advanced diagnostics and growing base of geriatric population. Teleultrasound system is useful in diagnosing the targeted patient pool by reducing the number of hospitalizations thus results in reducing the healthcare cost. Moreover, rising patient preference for minimally invasive procedures with technological advancements and increasing number of diagnostic laboratories and hospitals across the world is also boosting the teleultrasound system market. Furthermore, the high demand of teleultrasound systems in emergency medicines (golden one-hour trauma), to address the target patient will also result in boosting the market to a certain extent. However, Stringent government regulation may hamper the market.



Key Market Trends


Real-Time Teleultrasound​ Segment in Teleultrasound System is Expected to Witness a healthy Growth in Future.


Real-time Teleultrasound system is expected to witness healthy growth in future owing to its feasibility as this system provides ultrasonographic examination to be remotely in a synchronous (real-time). Several product launches by the key players are also boosting the teleultrasound system market. For Instance, in 2018 Philips launched Lumify, a handheld and portable teleultrasound system helps in monitoring and diagnosing the targeted patients and thus result in promoting the overall market.



North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period


North America is expected to hold a significant market share in the global Teleultrasound System Market due to increasing aging population, increasing adoption of advanced medical technology, increasing healthcare expenditure and the presence of well-established healthcare infrastructure. With a growing geriatric population in the United States results in more diagnosing and regular checkups wherein these systems are used for assessing cardiac, pulmonary and abdominal disorders and further drives the market in this region.



Competitive Landscape


The Teleultrasound System Market is fragmented in terms of competition and consists of several major players. In terms of market share, few of the major players are currently dominating the market. Some of the companies which are currently dominating the market are Koninklijke Philips N.V, Remote Medical Technologies, LLC, Robo Medical, AdEchoTech, T-MedRobotics, Zycorlabs



Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support


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Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AdEchoTech
  • Analogic Corporation
  • Koninklijke Philips N.V
  • Robo Medical
  • T-MedRobotics

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Introduction of Technologically Advanced Diagnostics
4.2.2 Increasing Prevalence of Target Diseases
4.2.3 Growing Base of Geriatric Population
4.3 Market Restraints
4.3.1 Lack of Skilled Professionals
4.3.2 Stringent Government Regulation
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Traditional teleultrasound
5.1.2 Real-Time Teleultrasound
5.2 By End User
5.2.1 Hospitals
5.2.2 Clinics
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle-East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle-East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Koninklijke Philips N.V
6.1.2 Remote Medical Technologies, LLC
6.1.3 Robo Medical
6.1.4 AdEchoTech
6.1.5 T-MedRobotics
6.1.6 Analogic Corporation
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Koninklijke Philips N.V
  • Remote Medical Technologies, LLC
  • Robo Medical
  • AdEchoTech
  • T-MedRobotics
  • Analogic Corporation
Note: Product cover images may vary from those shown

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