Ultrasound is a form of mechanical energy that acts according to the properties of wave-form physics. Ultrasound is used in several fields, and ultrasonic devices are used to discover objects and measure distances. Ultrasounds have many advantages as they do not require needles, injections, and incisions and these are generally painless. The types of ultrasound include abdominal ultrasound imaging, pelvic ultrasound imaging, trans abdominal, transvaginal, transrectal, obstetric ultrasound imaging and carotid and abdominal aorta ultrasound imaging.
Portable Ultrasound Market:
By technology, the ultrasound devices market is segmented into diagnostics and therapeutic ultrasound. Among these segments, diagnostic ultrasound accounts for the largest market share owing to the several factors including large-scale use of 2D ultrasound in disease diagnosis, increasing technological advancements in the field of 3D/4D ultrasound and availability of significant medical reimbursements. By device portability, the market is segmented into trolley/cart-based and compact/handheld ultrasound devices. In which compact/handheld ultrasound segment is anticipated to grow at the highest CAGR during the forecast period owing to the ease of operability and expansion in application horizons. By application, the market is classified into radiology/general imaging, cardiology, and some others. Among these segments, the radiology/general imaging application holds the largest market share is owing to the rising incidence of various cancers and growing market availability. By the end user, the market is segmented into hospitals, diagnostic and surgical centres, academic and research centres and some others. Among these segments, hospitals, diagnostics, and surgical centres hold the largest market share is owing to the rising number of diagnostic imaging procedures performed in hospitals and increasing adoption of minimally invasive procedures in hospitals by the healthcare professionals.
Portable Ultrasound Device Market:
The Asia Pacific is the fastest growing region owing to the increasing public awareness related to procedural benefits of ultrasound, continuously declining prices and continuously rising healthcare expenditure in this region. By types of devices, mobile ultrasound devices segment is anticipated to hold the largest portable ultrasound market size, and cardiology application is the fastest growing segment during the forecast period. The major factors that are driving the growth of the medical diagnostic and therapeutic ultrasound devices market are ageing population to drive the vascular and cardiology, huge untapped market existing for an ultrasound, long-term effects and high costs prevent patients from opting for radiation-based imaging method and increasing number of healthcare institute and enhanced healthcare infrastructure.
Asia Pacific Ultrasound Devices Market Trends:
- The LISENDO 880 is Hitachi’s new premium 2D/4D diagnostic ultrasound solution for cardiologists that redefine the vision of cardiac ultrasound by providing exceptional clinical performance coupled with state-of-the-art features and analytics.
- FUJIFILM Holdings Corporation, a diversified technology company that operates in healthcare disclosed that it has entered into a definitive agreement with SonoSite, Inc., a pioneer, and leader in bedside and point-of-care ultrasound technology.
Asia Pacific Ultrasound Devices Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major key players in the Asia Pacific Ultrasound Devices Market are:
- General Electric Company
- Koninklijke Philips N.V.
- Toshiba Corporation
- Hitachi Ltd.
- Fujifilm Holdings Corporation
Along with these companies, there were many other companies considered/cited in the report while analysing the Asia Pacific Ultrasound Devices Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Increasing global prevalence of targeted diseases
4.1.2 Technological advancements
4.1.3 Growing public and private investments, funding and grants
4.1.4 Increasing birth rates especially in emerging economies
4.1.5 Rising number of healthcare providers
4.2 Restraints
4.2.1 Lack of skilled sonographers
4.2.2 Strict government rules and regulations
4.3 Opportunities
4.3.1 Emergence of point-of-care ultrasound devices
4.3.2 Opportunities in emerging countries
4.3.3 Expanding application horizon of ultrasound
4.4 Challenges
4.4.1 Growing end-user preference for refurbished equipment
Chapter 5 Asia Pacific Ultrasound Devices Market – By Device display
5.1 Colour ultrasound devices
5.2 Black and white ultrasound devices
Chapter 6 Asia Pacific Ultrasound Devices Market – By Technology
6.1 Diagnostic ultrasound
6.1.1 2D ultrasound
6.1.2 3D and 4D ultrasound
6.1.3 Doppler ultrasound
6.2 Therapeutic ultrasound
6.2.1 High-intensity focused ultrasound
6.2.2 Extracorporeal shockwave lithotripsy
Chapter 7 Asia Pacific Ultrasound Devices Market – By Device portability
7.1 Trolley/cart-based ultrasound devices
7.2 Compact/handheld ultrasound devices
7.2.1 Point-of-care ultrasound devices
Chapter 8 Asia Pacific Ultrasound Devices Market – By Application
8.1 Radiology/general imaging applications
8.2 Cardiology applications
8.3 Urology applications
8.4 Obstetrics/gynecology applications
8.5 Vascular applications
8.6 Others
Chapter 9 Asia Pacific Ultrasound Devices Market – By End-user
9.1 Hospitals, diagnostics, and surgical centers
9.2 Ambulatory care centers
9.3 Maternity centers
9.4 Research and academic institutes
9.5 Others
Chapter 10 Asia Pacific Ultrasound Devices Market – By Geography
10.1 Introduction
10.2 APAC
10.2.1 China
10.2.2 Japan
10.2.3 India
10.2.4 Australia & New Zealand
10.2.5 South Korea
10.2.6 Others
Chapter 11 Asia Pacific Ultrasound Devices Market – Company Profiles
11.1 General Electric Company
11.2 Koninklijke Philips N.V.
11.3 Toshiba Corporation
11.4 Hitachi Ltd.
11.5 Fujifilm Holdings Corporation
11.6 Analogic Corporation
11.7 Samsung
Chapter 12 Asia Pacific Ultrasound Devices Market – Competitive Landscape
12.1. Market Share Analysis
12.2. Strategies Adopted by top companies
12.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 13 Market Insights
13.1. Industry Experts Insights
13.2. Analysts Opinions
13.3. Investment Opportunities
Chapter 14 Appendix
14.1 List of Tables
14.2 List of Figures
