NEW YORK, Jan. 20, 2015 /PRNewswire/ -- As ultrasound machines grow smaller, the market for ultrasound devices is growing at a rate of 5%, with world market revenues for 2014 at $5.8 billion, according to Kalorama Information. Ultrasound continues to be a low-cost and effective imaging technology that can help radiologists and others gather significant clinical data about patients without the use of radiation. A trend continues toward portable and handheld ultrasound systems, which have helped to make ultrasound imaging systems commonplace in offices of cardiologists, obstetricians, surgeons, and urologists, among other specialists. Kalorama's report, Ultrasound: World Market Analysis, analyzes the current and potential world market for ultrasound systems.
"Portable and handheld ultrasound units are changing and expanding the diagnostic ultrasound market by serving existing clinical markets more efficiently," said Bruce Carlson, publisher of Kalorama Information. "They also are creating new point-of-care applications for which ultrasound had been either too cumbersome or too expensive to be used before."
Ultrasound has had a foothold in obstetrics for many years, monitoring the fetus during pregnancy. Beyond OB/GYN applications, there are new point-of-care applications for which ultrasound had been either too cumbersome or too expensive to be used before. Use of ultrasound is growing in areas from breast health to cardiology, with mobility the key for newer systems, bringing ultrasound to the bedside. Ever more compact systems allow for real-time 3-D imaging of structures, which can aid complex surgical applications and interventional procedures.
The healthcare market researcher's report generally forecasts future growth to 2018. Market segments covered include the world, U.S., European, BRIC, and Japanese markets. The market data are generated into multiple year forecasts, based on interviews with executives in the field and analyses. The report reviews the nature and direction of research and trends, and gives insight into some issues facing manufacturers and vendors.
Portable and handheld ultrasound systems have similar requirements that have been implemented through advances in integration and power scaling technology. Advances in integrated multichannel devices are reducing power, size, and cost. New innovative products and configuration tools provide a way to develop diversified ultrasound products that have configurable and scalable performance, depending on the imaging modality.
Ultrasound: World Market Analysis profiles several companies, including large companies that have made names for themselves in the field, as well as smaller firms with market niches. These companies are involved in developing and marketing ultrasound systems. Some of the companies profiled in the report include:
- GE Healthcare
- Hitachi Aloka Medical
- Medison America / Samsung Electronics America
- Philips Healthcare
- Siemens Healthcare
- SuperSonic Imagine
- Terason Ultrasound / Teratech Corp.
- TomTec Imaging Systems
- Toshiba America Medical Systems
- Volcano Corp.
- Zonare Medical Systems
New applications, such as the use of ultrasound in administering emergency medicine, along with the new hand-held portable systems, are helping to further fuel the medical marketplace for the technology. In addition, ultrasound systems attract users simply because of their emphasis on user-friendliness, compactness and mobility. Ultrasound: World Market Analysis can be found at KI: http://www.kaloramainformation.com/Ultrasound-8626658/.
About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog at www.kaloramainformation.com.
SOURCE Kalorama Information