Target Audience:
# Cardiovascular ultrasound system manufacturers
# Cardiovascular ultrasound system distributors and wholesalers
# Pharmaceutical companies
# Various research and consulting firms
# Research institutes
# Contract manufacturing organizations (CMOs)
# Original equipment manufacturers (OEMs)
This report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the cardiovascular ultrasound market along with the estimates and forecasts of the revenue.
Key questions addressed by the report:
# Who are the major market players in the cardiovascular ultrasound system market?
# What are the regional growth trends and the largest revenue-generating regions for cardiovascular ultrasound system market?
# What are the major drivers and challenges in the cardiovascular ultrasound system market
# What are the major product segments in the cardiovascular ultrasound system market?
# What are the major end users for cardiovascular ultrasound system?
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Increasing incidence of cardiovascular diseases, technological advancements, and advantages of echocardiography over invasive cardiac diagnostic procedures are the major drivers for the cardiovascular ultrasound system market. However, insufficient reimbursement scenario and economic impact of adopting new technologies are restraining the growth of the market.
Restraints:
# Unfavorable Reimbursement Scenario
# Economic Impact of Adopting New Technologies
Opportunities:
# Growth Potential in Untapped Emerging Markets
# Miniaturization of Ultrasound Devices
Challenges:
# Dearth of Skilled and Experienced Sonographers
On the basis of end user, the cardiovascular ultrasound system market is categorized into hospitals, cardiology centers, ambulatory, home care, and other end users (research institutes, medical device and pharmaceutical companies). The hospitals segment is expected to account for the largest share of the market in 2016. The home care & ambulatory segment is estimated to register the highest CAGR during the forecast period due to increase in the usage of echocardiographs at the patient’s house itself.
Key players in the cardiovascular ultrasound system market include GE Healthcare (U.S.), Philips healthcare (The Netherlands), Siemens Healthcare (Germany), Hitachi Medical Corporation (Japan), and Toshiba Medical Systems Corporation (Japan).
Key players in the market are majorly focusing on product launches and approvals to strengthen their position the market. In June 2016, FUJIFILM Medical Systems U.S.A. Inc., showcased the next generation of its Synapse Cardiovascular, a cardiac imaging tool and SonoSite iViZ, the latest portable ultrasound. Similarly, in November 2015, Siemens Healthcare (Germany) launched its new ultrasound imaging system, the HELX with Touch Control in its Healthcare Acuson S Family.
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