GLOBAL ULTRASOUND DEVICES MARKET ANALYZED THROUGH 2023
A global ultrasound devices market report has added to the Research and Markets offering.
According to the “Global Ultrasound Devices Market — Segmented by Application, Technology, Type, and Geography – Growth, Trends, and Forecast (2018-2023)” report, the market is expected to register a CAGR of about 4 percent during 2018-2023.
The governments across the world are focusing on the promotion and support of the industrial research. Several tax incentives have been provided to industries to establish research and development units, with highly improved imaging facilities, especially in ultrasound.
The long-term goal of these initiatives is to develop innovative, disruptive, safe, non-invasive ultrasound technologies that enable or enhance interventional therapies for the treatment of diseases, injuries, abnormalities, and other conditions. The types of ultrasound interventional therapies include ultrasound thrombolysis, high intensity focused ultrasound, and sonophoresis.
Additionally, increasing number of healthcare providers, technological advancements, and rising incidences of chronic diseases are some of the other factors that contribute to the market growth.
The Key Findings include strict regulations and lack of skilled labor, and North America will continue to dominate the market.
Among the key players profiled and analyzed include: GE Healthcare, Mindray Medical International Ltd., Siemens Healthineers, Toshiba Medical Systems Corp., Fukuda Denshi Co. Ltd., Hitachi Medical Corp., Philips Healthcare, Shantou Institute of Ultrasonic Instruments Co. Ltd. And Toshiba Medical Systems Corp. VTN