Europe Ultrasound Devices Market By Product Imaging Type, Type, Portability, Type Of Device Display, Application
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The Europe ultrasound devices market study expounds on various technologies, applications and products pertaining to medical diagnosis in the field of healthcare. Ultrasound devices are devices that are used in the diagnosis of various diseases such as cardiology, obstetrics and gynecology, gastroenterology and others. Novel applications have been developed such as image-guiding interventions, biopsies, and non-invasive diagnosis with the adoption of ultrasound devices.
The otherwise dominant stationary imaging devices are slowly losing ground, as portability has been a key innovation within the ultrasound devices market. New applications such as biopsies and image-guiding interventions have surfaced due to consistent innovations in the diagnostic ultrasound devices (2D ultrasound, 3D & 4D ultrasound, and Doppler devices).
The increasing demand for ultra-portable and portable diagnostic ultrasound systems within the diagnostic and image guidance area at points-of-care have largely influenced the market growth. Portability in ultrasound devices has led to increased adoption in point-of-care applications such as emergency medicine, anesthesiology, musculoskeletal, and critical care medicine. Lack of skilled and experienced sonographers and technological limitations of ultrasound systems are some of the major factors restricting the market growth.
The steadily increasing preference for CT Scanners over ultrasound devices, especially in developed economies would further act as a restraint for the market growth. European region held the major market share in the global ultrasound devices market in 2015, and would be a dominant region throughout forecast period. The region would stay dominant due to the growth of ultrasound market and its increased adoption in diagnosis. Rapidly growing aging population, rising prevalence of chronic diseases, increased demand for treatments to treat prostate cancer altogether contribute to the growth the market in the European region.
The Europe market dominated the Global Ultrasound Devices Market in 2015 and would continue till 2022 thereby achieving a market value of $ 3,096.0 Million by 2022 growing at a CAGR of 5.4 % during the forecast period. The Asia Pacific market is expected to reach a market size of $ 3,015.6 Million by 2022. The North America market would witness the high growth rate of 5.6 % during 2016-2022. Based on the product type; the Ultrasound Devices market is segmented into Diagnostic and Therapeutic Ultrasound Devices Market. Further, the Diagnostic Ultrasound Devices market is segmented on the basis of Imaging type as 2D Imaging System, 3D & 4D Imaging System and Doppler Imaging Ultrasound Devices Market.
The Therapeutic Ultrasound Devices Market is segmented as High Intensity Focused Ultrasound (HIFU) and Extracorporeal Shock Wave Lithotripsy (ESWL) Therapeutic Ultrasound Systems Market. Based on Portability, the market is segmented into Trolley/Cart-Based and Compact/Handheld Ultrasound Devices Market. The report also bifurcates the Ultrasound Devices Market as Color and Black & White (B/W) Ultrasound devices market. Based on the application, the report probes into the Radiology/General Imaging, Cardiology Imaging, Obstretrics/Gynecology Imaging, Vascular Imaging, Urology Imaging markets.
The countries covered in this report includes Germany, UK, France, Russia, Spain, Italy, Rest of Europe. Key player profiled in the report includes Samsung Electronics Co. Ltd, Toshiba Corporation, Siemens AG, Koninklijke Philips N.V., Hitachi Ltd., Fujifilm Holdings Corporation, General Electric Company and Analogic Corporation.