En Es
Categories

Industry News

Ultrasound Scanners Market Driven by AI, Cloud and Portable Systems

By Medimaging International staff writers
01 Jun 2019

Image: The Vscan portable ultrasound scanner (Photo courtesy of GE Healthcare).The global ultrasound market is expected to have achieved revenues of USD 6.12 billion from 115,592 units in 2018, driven by its offer of fusion imaging, wearable ultrasound, and Artificial Intelligence (AI)-powered systems in the established markets and contrast-enhanced ultrasound and elastography in the emerging markets. The cart-based segment dominated the ultrasound market with the highest revenues, accounting for a share of 73.4% and 60.4% of unit shipments.

These are the latest findings of Frost & Sullivan (San Antonio, TX, USA), a provider of research and consulting solutions.

According to the research, the market participants can capitalize on additional growth opportunities by:

-Engaging in cross-functional partnerships across the continuum of equipment management, covering software upgrades and transducer maintenance;
-Augmenting technical support capabilities with onsite engineers, virtual assistance, and online tools;
-Adopting a targeted approach toward emerging application areas like emergency medicine, anesthesia, and primary care;
-Identifying growth markets based on factors such as ease of transition and willingness to use portable or ultra-portable systems;
-Targeting general practitioner (GP) clinics with ultra-portable systems and small hospitals with cart-based systems;
-Developing new business models focusing on operational efficiency and training.

"Globally, emerging segments such as musculoskeletal, anesthesiology, and endocrinology will evolve into established segments by 2023," said Poornima Srinivasan, Industry Analyst, Transformational Health. "AI will be used in premium ultrasound systems, primarily for detecting breast cancer, in ob-gyn settings for fetal image assessment, and in the cardiology domain in the US, Japan, and Western European countries."

"Non-invasiveness, expanding clinical applications, affordability, and introduction of portable and ultra-portable systems, cloud, AI, and other digital capabilities are expected to further drive the growth of ultrasound scanners," added Srinivasan. "Domestic manufacturers will compete against major OEMs on product features, pricing, and servicing, while vendors will compete on value-based products, product miniaturization, and automation."

Related Links:
Frost & Sullivan



E-mail Print
FaceBook Twitter Google+ Linked in

Additional news

24 Jun 2019
ACR Releases Second Research Road Map on Medical Imaging AI
The Journal of the American College of Radiology (JACR) has published a report detailing real-world artificial intelligence (AI) challenges and summarizing the priorities for translational research in AI for medical imaging to help accelerate the safe and effective use of AI in clinical practice.
Read More
24 Jun 2019
New AI Tool Helps Detect Brain Aneurysms On CT Angiography Exams
Researchers from Stanford University have developed an artificial intelligence (AI) tool that can help radiologists improve their diagnoses of brain aneurysms by highlighting the areas of a brain scan that are likely to contain an aneurysm.
Read More
24 Jun 2019
Fluoroscopy Equipment Market to Reach USD 7 Billion by 2024
The global fluoroscopy equipment market is projected to grow at a CAGR of 4.4% from USD 5.7 billion in 2019 to USD 7.1 billion by 2024, driven by the advantages of flat panel detectors (FPDs) over image intensifiers, use of fluoroscopy in pain management, reimbursement cuts for analog radiography systems, rising geriatric population, growing prevalence of chronic diseases, and awareness programs, conferences, and funding activities.
Read More
22 Jun 2019
Deep Learning with SPECT MPI Can Help Diagnose Coronary Heart Disease
Researchers from the Cedars-Sinai Medical Center have demonstrated for the first time that deep learning analysis of upright and supine single photon emission computed tomography (SPECT) myocardial perfusion imaging (MPI) can be used to improve the diagnosis of obstructive coronary artery disease.
Read More
22 Jun 2019
Intelerad to Invest USD 75 Million in New AI Medical Imaging Offerings
Intelerad Medical Systems, a medical imaging software provider that specializes in diagnostic viewing, reporting and collaboration solutions, has announced a USD 75 million R&D investment towards extending its solutions portfolio.
Read More
22 Jun 2019
Global Medical Imaging Equipment Market to Surpass USD 44 Billion by 2025
The global medical imaging equipment market was valued at USD 30.81 billion in 2017 and is expected to grow at a CAGR of 4.6% during the forecast period (2018-2025) to reach USD 44.07 billion by 2025, driven by the increasing incidence of chronic diseases such as liver, cancer, and cardiovascular diseases.
Read More
22 Jun 2019
Increased Monitoring Driving Growth of Global Fetal/Neonatal Equipment Market
The global fetal and neonatal equipment market is projected to grow at a CAGR of 7.4% to reach USD 9.06 billion by 2025, driven mainly by a rise in patient monitoring, especially fetal and neonatal care equipment witnessing increased adoption in basic to advanced equipment across the globe.
Read More
22 Jun 2019
New Augmented Reality Surgical Platform Receives FDA Approval
A new augmented reality (AR) technology platform for surgical applications has received 510(k) clearance for clinical use in the operating room by the US Food and Drug Administration (FDA).
Read More
22 Jun 2019
Demand for Coagulation Testing Driving Global Blood Coagulation Analyzer Market
The global blood coagulation analyzer market is projected to grow at a substantial CAGR of 5.9% over the period 2018 to 2023, driven by its increasing scope, product types, and applications.
Read More
Copyright © 2000-2019 TradeMed.com. All rights reserved. | Terms And Conditions