© 2016 Global Market Insights, Inc. USA. All Rights Reserved Diagnostic Ultrasound Market share to grow at 3% CAGR from 2017 to 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Global Market Insights, Inc. says, Diagnostic Ultrasound Market size is set to exceed USD 7 billion by  Growing geriatric population base along with increasing chronic disease incidence rates will drive diagnostic ultrasound market growth over the forecast period  Higher susceptibility of the elderly towards certain orthopedic ailments and chronic diseases will boost ultrasound demand as the technology facilitates management of these disease conditions on an ongoing basis.  Ultrasound devices are witnessing a transition from trolley based, single use systems to highly portable, versatile and multiuse systems  Dearth of skilled ultrasound technicians and sonographers especially in countries such as UK and Canada hinder industry expansion.  Lack of availability of these skilled professionals is resulting in increased patient waiting time for ultrasound examinations and underuse of the equipment. Key Insights from Diagnostic Ultrasound Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Existence of barriers such as lack of training, high machine maintenance cost, absence of support personnel, lack of gel, irregular electrical supply, discomfort in image interpretation and liability concerns hamper technology adoption in developing countries.  2D technology held significant industry share in 2016 being the most common and traditional method used for scanning.  Increasing usage of newer technologies such as 3D, 4D and 5D which provide a more detailed and realistic image as compared to 2D will impede segment growth.  Application of the technology in cardiology held significant industry share. Increasing number of people suffering from cardiovascular diseases such as stroke will drive segment growth over the forecast timeframe.  Prominent industry players include GE Healthcare, Samsung, Hitachi, Siemens, Koninklijke Philips N.V., Toshiba, SIUI, Promed Group, TELEMED Medical, Mindray and Esaote. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Diagnostic Ultrasound Market size, By Application, (USD Million)

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