Diagnostic Ultrasound Market: An Overview
The global diagnostic ultrasound market is expected to witness a stellar growth during 2018-2028. This is mainly attributed to the growing number of patient pool opting for diagnostic ultrasound.
Diagnostic ultrasound is a technique which is used to create internal image of body such as muscles, tendons, blood vessels, and joints. This helps in finding the source any disease, thus aid in dedicated vaccination. The technique is widely used to examining wellbeing of fetus in pregnant women.
An upcoming report on global diagnostic ultrasound market by Transparency Market Research is expected to offer an in depth analysis on industry. The report will throw light on market several segments of the diagnostic ultrasound market. Along with this, the report is anticipated to consists of vital data that will indicate growth and latest trend in the global diagnostic ultrasound market during the forecast period.
Diagnostic Ultrasound Market: Notable Developments
Some of the recent development in the diagnostic ultrasound market are-
- Players in the ultrasound market are emphasizing on the use of advanced technology to improve the efficiency of diagnostic ultrasound. For instance, use of Doppler ultrasound concept to estimate blood flow and pressure is expected to swell the demand of diagnostic ultrasound in the coming years. With the help of this technique, the adequate image of internal organ can be taken without the need of injecting patients with contrasting dye.
- Some of the key industry players operational in the diagnostic ultrasound market are C.R. Bard, FujiFilm, Fukuda Denshi, GE Healthcare, Hitachi, and Philips. These players are focus on the strategies such as merger, acquisition, partnerships as well as new product launch in order to stay competitive in the diagnostic ultrasound market.
Diagnostic Ultrasound Market: Key Trends
The global diagnostics ultrasound market is anticipated to rise at significant pace. This is due to the rising burden of chronic diseases worldwide. Along with this, surge in geriatric population base is another factor projected to drive the diagnostic ultrasound market during the forecast period. growth over the forecast period. This is because, elderly people are more prone to diseases as compared to younger one. This is expected to impact business growth positively. Furthermore, rising investments in improving healthcare facilities is another factor expected to fuel the growth of the diagnostic ultrasound market.
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Along with this, factors such as increasing prevalence of target diseases, shifting patient preference towards minimally invasive procedures, increase in number of diagnostic centers & hospitals, technological advancement and growing public and private investments, funding, and grants are some crucial growth driver in the diagnostic ultrasound market.
However, high costs of diagnostic ultrasound, dearth of skilled professionals, inadequate awareness in developing region are some factors expected to impede growth in the diagnostic ultrasound market.
Nevertheless, significant rise in birth rates in various countries due to improvement in healthcare infrastructure and use of diagnostic ultrasound during pregnancy is anticipated to fuel the global market in the coming years.