Medical Diagnostic & Therapeutic Ultrasound Devices Market (by Technology, Application & Products) worth $8.1 Billion by 2017 - New Report by MarketsandMarkets
(PRWEB) April 02, 2014 -- The “Medical Diagnostic & Therapeutic Ultrasound Devices Market (2012 - 2017) - Global Trends & Competitive Analysis” report, analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, APAC, and Rest of the World.
Browse more than 145 market data tables read through 292 pages and in-depth TOC of “Medical Diagnostic & Therapeutic Ultrasound Devices Market"
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This report studies the medical diagnostic and therapeutic ultrasound devices market over the forecast period 2012 – 2017. The total medical ultrasound devices market is estimated to be valued at $5.6 billion in 2011 and predicted to reach $8.1 billion by 2017 at a CAGR of 6.2%.
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The cart-based systems command the largest share of the ultrasound systems and are predicted to remain so for the coming decade. The most significant growth for the specialties segment was seen in emergency medicine, anesthesiology and musculoskeletal applications. The demand for point-of-care diagnostics has driven the market for the last 5 years and is expected to be a prime driver for the forecast period.
Although the current ultrasound market is dominated by 2D ultrasound, the 3D & 4D ultrasound market is highly technologically driven, competitive and poised to become significant in size. The global market is driven by increasing application areas in oncology, cardiology and emergency medicine. The diagnostic market accounts for a much larger share as its technology is more mature than newly developed technologies such as High Intensity Focused Ultrasound (HIFU).
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The global diagnostic ultrasound devices market is led by key market players such as GE Healthcare (U.K.), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), Esaote Group (Italy), Toshiba Medical Systems Corporation (Japan), HITACHI-Aloka Medical Corporation (Japan), SonoSite, Inc. (U.S.), Misonix, Inc. (U.S.), Ultrasonix Medical Corporation (Canada), Zonare Medical Systems (U.S.), and other players such as Mindray Medical (China), Terason Corporation (U.S.), Verathon, Inc. (Canada), Supersonic Imagine (France), Analogic Corporation (U.S.), and TomTec Imaging Systems GMBH (Germany).
The global therapeutic ultrasound market is led by companies such as EDAP TMS (France), Dornier Medtech (Germany), InSightec (U.S.), Siemens Healthcare (Germany), Philips Healthcare (The Netherlands), and Misonix, Inc. (U.S.).
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