Press Releases
Ultrasound Devices Market Expanding at a 5.8% CAGR During the Forecast Tenure 2015-2023

Ultrasound Devices Market

, 14 March 2018 -- Global ultrasound devices market was valued at US$ 6.7 Bn in 2014, which is projected to expand at a CAGR of 5.8% from 2015 to 2023 to reach US$ 11.0 Bn in 2023.

The global ultrasound devices market has been foretold to bear a significantly consolidated nature as there could be a handful of players in leading positions on the basis of share. In the recent past, GE Healthcare, Fujifilm Holdings Corporation, and Koninklijke Philips N.V. had secured a competitive aggregate share of the market. This could show that the degree of market consolidation is considerably high. A massive count of provincial and global companies have been looking to explore long-haul contracts or deals with their clients with a view to cement a strong position in the market. New players might need to encounter the expensive starting point of acquisition and establishment and also compete against toughest participants of the market.

Request for Sample Copy of Report @

By the completion of 2023, the global ultrasound devices market has been foreseen by TMR to be valued at a US$11.0 bn while expanding at a 5.8% CAGR during the forecast tenure 2015-2023. By application, radiology has been expected to rise at a faster CAGR and had secured a dominant share in the recent past. By region, Asia Pacific could overtake Europe by the final forecast year, although the latter had led the market few years back.

The requirement of modern ultrasound devices has been foreseen to increase at a serious rate around the world. Human services organizations have felt the need for ultrasound devices at an alarming degree in the recent time with the increase in a number of cardiovascular diseases. By 2030, the count of heart patients has been anticipated to surpass a 23.0 mn, according to the WHO. It could be quite threatening to see cardiovascular diseases taking their toll on people across the globe in quick time. The disturbing rate of the growth of cardiovascular diseases has not only been confirmed by WHO but also most therapeutic counseling and administrative bodies.

Enquiry for discount on this report @

With the rising prevalence of tuberculosis bolstered by the increase in population (since it is a communicable disease) and multi-drug-resistant tuberculosis (MDR-TB) cases, the requirement of ultrasound devices could receive a strong boost in the coming years.

Ultrasound devices manufacturers have been looking to make their products technologically sophisticated to suit to the needs of different end users. They have also been focusing on making ultrasound devices lightweight and handy, so as to increase their demand in the market. Challenges associated with the operability of ultrasound devices could hamper market growth during the course of the forecast period. However, new approaches taken by manufacturers to develop user-friendly products have been foretold to dilute the effect of the market restraint in the near future.

Doppler and pocket ultrasound gadgets and other cutting-edge concepts could add to the growth of the international ultrasound devices market. Furthermore, the increasing rate of mechanical developments observed in the market has been envisaged to improve growth in the foreseeable future.

Report Overview @

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

# # #

Submitted by hawer on Wednesday, 14 March 2018 at 2:08 PM
Category: Health Care & Medical
Related News

Radiation Dose Management Market to Register CAGR of Over 9.0% from 2017 to 2025
Tuesday, 20 Mar 2018

Breast Imaging Equipment Market Segmentation Detailed Study with Forecast to 2025
Tuesday, 20 Mar 2018

Joint Reconstruction Device Market Review with Forecast Research Report 2017 - 2025
Tuesday, 20 Mar 2018

Venturi Mask Market Latest Report with Forecast to 2025
Tuesday, 20 Mar 2018

Veterinary Gastrointestinal Endoscopes Market Growth and Forecast 2017 - 2025
Tuesday, 20 Mar 2018

Related Events

Imaging in Hawaii
Monday, 19 Mar 2018

9th Proactive GCP Compliance
Monday, 19 Mar 2018

The International ADHD Congress (ADHD 2018)
Monday, 19 Mar 2018

ICI Boston Summit
Monday, 19 Mar 2018

ISPE 2018 Europe Annual Conference
Monday, 19 Mar 2018

Latest News

Transporting Seniors Is Made Easier And Professional By Care Conextion
Wednesday, 21 Mar 2018

Kugali Anthology Project On Kickstarter Generates Global Interest On African Tales
Wednesday, 21 Mar 2018

Product sampling New York to establish trust
Wednesday, 21 Mar 2018

Radiation Dose Management Market to Register CAGR of Over 9.0% from 2017 to 2025
Tuesday, 20 Mar 2018

Kugali Anthology Kickstarter Project Wins Remarkable Feedback From Contributors
Tuesday, 20 Mar 2018

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Wednesday, 21 March 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Argus California Carbon and LCFS Summit
  • Imaging in Hawaii
  • 9th Proactive GCP Compliance
  • The International ADHD Congress (ADHD 2018)
  • ICI Boston Summit

  • Latest Jobs
    Sorry, there are currently no entries posted here.