Pune, India -- (SBWire) -- 11/05/2018 --Industry Trends:
Ultrasound technology uses high frequency sound waves to create detailed visionary images of internal organs of a patient's body. This has eventually enhanced the entire diagnosis process to meet the clinical requirements with cutting-edge versatility. Medical practitioners use them to attain an in-depth view of the heart, kidneys, liver and other organs of the body. It has a probe called transducer, which the doctor moves over and captures the waves that bounces back. This technology has been replacing the traditional method like X-rays, unlike which has no harmful effects on the patient's body. The ultrasound device creates images based on the reflected sound waves. The increasing research and development activities undertaken by the governmental and non-governmental organizations to fulfill the long-time goal of developing safe and non-invasive body imaging technology is propelling the growth of ultrasound devices market. The comparatively high treatment costs than the conventional methods, is factoring the market hindrance in developing countries like India and China. The continuous efforts in developing pocket-sized devices is expected to drive the growth in the future.
Global ultrasound devices market was valued at US$ XXXX XX in XXXX and is anticipated to reach US$ XXXX XX by XXXX.
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Ultrasound Devices Market, By Device Portability
The unavailability of skilled professionals who can efficiently handle the huge devices is one of the major factor restraining the market's growth. Therefore, academic organizations and professional scientists are now increasingly leveraged with public & private investments and grants & funds for the development of more advanced ultrasound devices. The recent innovations in the medical has marked the development of handheld devices, which are partly automated and can be used easily avoiding any complicated mechanism of other bigger machines.
Ultrasound Devices Market, By Region
North America and China have always been the pioneers of the latest medical developments attributed to their incorporation of latest technologies in their research & development activities. They have outpaced the number of point-of-care applications that they deliver. Asia Pacific has witnessed some noteworthy developments done and is the fastest growing amongst all the other global regions.
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Competitive Landscape:
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The primary market participants include Analogic Corporation, Esaote SpA, Fujifilm Corporation, General Electric Company, Hitachi, Ltd., Koninklijke Philips N.V., Mindray Medical International Limited, Samsung Medison Co. Ltd., Siemens Healthcare, and Toshiba Corporation.
