Cardiac Ultrasound Systems Market: Compact/Handheld Ultrasound Devices to Register Fastest Growth: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028

  • Published: 2018-11-19
  • Report Code: REP-GB-7692

An Incisive, In-depth Analysis on the Cardiac Ultrasound Systems Market

This study offers a comprehensive, 360 degree analysis on the Cardiac Ultrasound Systems market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Cardiac Ultrasound Systems market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Demand for Compact Systems Likely to Boost the Cardiac Ultrasound Systems Market Growth

Advancements and availability of portable diagnostic ultrasound systems is driving the use of “bedside ultrasonography”, which is expected to give a push to the growth of the Cardiac Ultrasound Systems market. Companies are focused on the development of products which offer economic as well as clinical relevance to the overall business.

Attractive Reimbursement and Government Support Will Drive the Cardiac Ultrasound Systems Market

Increasing penetration of healthcare insurance and growing screening rates are driving the demand for Cardiovascular ultrasound systems across the globe. Attractive healthcare insurance plans with free diagnostic provisions are indirectly aiding market growth and are expected to facilitate greater device adoption. Implementation of new guidelines by national and international/Govt. firms for ultrasound owners and owners of clinics, diagnostic centres, nursing homes and hospitals is another driver for the market.

Expansion of Healthcare and Economics of Production Will Drive the Cardiac Ultrasound Systems Market

Factors, such as the expansion of the healthcare sector, in developing countries and growing investments in healthcare information technology portfolio by both governments as well as public sector organizations will provide a boost to the market. The key players are planning to shift their production facilities to places with easy availability of new products with higher efficacy.

Larger Economy and Larger Purchasing Power of Developed Regions, Coupled with Attractive Reimbursements Will Drive the Cardiac Ultrasound Systems Market in These Regions

The North American cardiac ultrasound systems market is dominated by the U.S. owing to its large economy and buying power. Attractive reimbursement policies and expanding demand for advanced 3D cardiac ultrasound systems are expected to propel the cardiac ultrasound systems market in the region. The presence of large players, such as Mindray Medical International Ltd., GE Healthcare and others, is also anticipated to drive the growth of the North America cardiac ultrasound systems market during the forecast period. The large public healthcare expenditure of the U.S., 16 % of its GDP in 2017, reflects better pricing and market attractiveness for the cardiac ultrasound systems market.

The growing healthcare infrastructure of Europe, 10% of its GDP, and the large medical devices industry of Germany will propel the European cardiac ultrasound systems market during the forecast period.

The Asia Pacific cardiac ultrasound systems market is dominated by Japan, India, Australia and New Zealand. The Middle East and Africa cardiac ultrasound systems market is led by the Gulf nations of Saudi Arabia, UAE and others owing to their high per capita income and large public healthcare expenditure. The development of multi-specialty hospitals is driving the faster adoption of cardiac ultrasound systems in these regions.

High Cost is the Biggest Barrier to Achieving Full Cardiac Ultrasound Systems Market Potential

High installation and maintenance cost of high-end ultrasound systems needs significant capital investment between US$ 55,000 and US$ 100,000, which is the prime restraint on the market. The limited product availability and competition due to consolidated nature of the market is driving high pricing premium.

Lack of government grants for installation of cardiac ultrasound systems in the developing countries, has led to the end users, such as hospitals and diagnostic centers, being reluctant to adopt these systems.

Competitive Landscape

The competition section of the cardiac ultrasound systems market features profiles of key players operating in the industry based on their market shares, differential strategies, product offerings, marketing approach, and company dashboard. Some of the key players operating in the cardiac ultrasound systems market are Hitachi, Ltd., Analogic Corporation, Toshiba Corporation, Esaote SpA, Samsung Medison Co., Ltd, FUJIFILM Holdings Corporation, and Mindray Medical International Ltd., and GE Healthcare.

Definition

Cardiac ultrasound systems are medical imaging devices that use the principles of ultrasound and are specifically designed for the diagnosis of cardiac disorders for preventing heart disease. Cardiac ultrasound systems also help patients find their problems in early stages for treatment of cardiovascular diseases. Cardiac ultrasound systems are totally safe, noninvasive and do not utilize ionizing radiation.

Under our scope of study, we have looked into the historical market value from year 2013 and provided forecast for the market till 2028 based on certain forecast factors mentioned further in the report.

About the Report

FMI conducted a research study on the cardiac ultrasound systems market for the forecast period 2018 to 2028. The Cardiovascular ultrasound systems market report offers a comprehensive evaluation of the business opportunities prevailing in the cardiac ultrasound systems market along with insights on the cardiac ultrasound systems consumption trends, disease incidences and awareness level for cardiac ultrasound systems market competition. The report elaborates on the macroeconomic factors influencing the dynamics of cardiac ultrasound systems market and its future potential.

Segmentation

The report offers a comprehensive taxonomy of the Cardiovascular ultrasound systems market based on product type, end user and region. On the basis of product type, the cardiac ultrasound systems market is categorized into cart/trolley cardiac ultrasound devices and compact/handheld ultrasound devices. By end users, the cardiac ultrasound systems market has been segmented into hospitals & clinics, diagnostic imaging & surgical centers, ambulatory surgical centers and others.

The cardiac ultrasound systems market has been analyzed across regions of North America, Latin America, Europe, Asia Pacific and MEA.

Additional Questions Answered

Some of the additional questions addressed in this report on cardiac ultrasound systems market-

  • What is the revenue potential of cardiac ultrasound systems across regions of North America and Europe?

  • Who are the key competitors and what are their portfolios in cardiac ultrasound systems market?

  • What are major challenges influencing the growth of cardiac ultrasound systems market?

  • How intervention from regulatory authorities is shaping the Cardiovascular ultrasound systems market growth?

Research Methodology

The values in cardiac ultrasound systems market have been estimated based on the supply-demand approach. The market values were first calculated based on incidence and diagnosis rate, conducted in different region/countries. Other qualitative factors analyzed during the estimation include installed base for Cardiovascular ultrasound systems, new installations and others. This information was further validated with rigorous primary research (including interviews, surveys, in-person interactions, and viewpoints of seasoned analysts) and secondary research (including verified paid sources, authentic trade journals and resourceful databases). The research study on the Cardiovascular ultrasound systems market also includes top trends and macro as well as micro economic factors shaping the cardiac ultrasound systems market. With this approach, the report on the cardiac ultrasound systems market anticipates the industry attractiveness of every major segment in cardiac ultrasound systems over the forecast period.

A recent market study published by FMI, “Cardiac Ultrasound Systems Market: Global Industry Analysis 2013-2017 & Opportunity Assessment, 2018-2028”, offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historic as well as current growth parameters of the Cardiac Ultrasound Systems market, growth prospects of the market have been obtained with maximum precision. The report features unique and salient factors that are likely to significantly impact the development of the cardiac ultrasound systems market during the forecast period. This information can help market players modify their manufacturing and marketing strategies to envisage maximum growth in the cardiac ultrasound systems market in the coming years. The report provides detailed information about the current and future growth prospects of the cardiac ultrasound systems market in the most comprehensive way for the better understanding of readers.

Chapter 1 – Executive Summary

The report commences with an executive summary of the Cardiovascular ultrasound systems market report, which includes the summary of key findings and key statistics. It also includes the market value (US$ million) estimates for the leading segments in the cardiac ultrasound systems market.

Chapter 2 – Market Overview

Readers can find detailed taxonomy and definitions in this chapter, which will help readers understand the basic information regarding the market dynamics, supply chain, cost structure, pricing analysis, list of key distributor and suppliers and list of key market participants.

Chapter 3 – Global Cardiac Ultrasound Systems Market Analysis 2013–2017 & Opportunity Assessment 2018–2028, by Product Type

The cardiac ultrasound systems market, on the basis of the product type, has been segmented into cart/trolley cardiac ultrasound devices and compact/handheld ultrasound devices. In this chapter, readers can find information about the key trends and developments in the cardiac ultrasound systems market and a market attractiveness analysis on the basis of product type.

Chapter 4 – Global Cardiac Ultrasound Systems Market Analysis 2013–2017 & Opportunity Assessment 2018–2028, by End Users

Based on end users, the cardiac ultrasound systems market has been segmented into hospitals & clinics, diagnostic imaging & surgical centers, ambulatory surgical centers and others. In this chapter, readers can find information about the key trends and developments in the cardiac ultrasound systems market and a market attractiveness analysis on the basis of end users.

Chapter 5 – Global Cardiac Ultrasound Systems Market Analysis 2013–2017 & Opportunity Assessment, 2018–2028, by Region

This chapter explains how the Cardiac Ultrasound Systems market is expected to grow across various geographic regions, such as North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa (MEA).

Chapter 6 – North America Cardiac Ultrasound Systems Market Analysis 2013–2017 & Opportunity Assessment, 2018–2028

This chapter includes a detailed analysis of the growth of the North America cardiac ultrasound systems market along with a country-wise assessment for the U.S. and Canada. Readers can also find regional trends, regulations and market growth analysis of projections on the basis of product type, end users and country for the North American region.

Chapter 7 – Latin America Cardiac Ultrasound Systems Market Analysis 2013–2017 & Opportunity Assessment, 2018–2028

Readers can find detailed information regarding factors, such as pricing analysis and regional trends that are impacting the growth of the Latin America cardiac ultrasound systems market. This chapter also discusses the growth prospects for the cardiac ultrasound systems market in leading LATAM countries, such as Brazil, Mexico and rest of Latin America region.

Chapter 8 – Europe Cardiac Ultrasound Systems Market Analysis 2013–2017 & Opportunity Assessment, 2018–2028

Important growth prospects for the cardiac ultrasound systems market, on the basis of product type, form and end users in several European countries, such as Germany, France, Italy, Spain, U.K., Russia and the rest of Europe, have been included in this chapter.

Chapter 9 – APEC Cardiac Ultrasound Systems Market Analysis 2013–2017 & Opportunity Assessment, 2018–2028

Greater China, India, Japan, ASEAN, Australia and New Zealand and the rest of Asia Pacific are the leading countries in the APEC region; thus, they are the prime subject of assessment in this chapter. Readers can find thorough information about the growth parameters in the APEC cardiac ultrasound systems market for the period between 2018 and 2028.

Chapter 10 – MEA Cardiac Ultrasound Systems Market Analysis 2013–2017 & Opportunity Assessment, 2018–2028

This chapter provides information on how the cardiac ultrasound systems market is expected to grow in the major countries of the MEA region, such as Saudi Arabia, South Africa and the rest of MEA, during the period 2013–2028.

Chapter 11 – Competition Landscape, Company Share and Company Profiles

In this chapter, readers can find a comprehensive list of all the leading stakeholders in the cardiac ultrasound systems market along with detailed information about each company, including company overview, revenue shares, strategic overview and recent company developments. Some of the market players featured in this report include Hitachi, Ltd., Analogic Corporation, Toshiba Corporation, Esaote SpA, Samsung Medison Co., Ltd, FUJIFILM Holdings Corporation and Mindray Medical International Ltd.

Chapter 12 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the report.

Chapter 13 – Research Methodology

This chapter will allow the readers to understand the research methodology followed to obtain various conclusions, important qualitative information and quantitative information about the cardiac ultrasound systems market.

Cardiac Ultrasound Systems Market Reports - Table of Contents

Cardiac Ultrasound Systems Market Reports - List of Tables

  1. North America Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Country

  2. North America Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type

  3. North America Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User

  4. Latin America Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Country

  5. Latin America Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type

  6. Latin America Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User

  7. Europe Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Country

  8. Europe Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type

  9. Europe Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User

  10. Asia Pacific Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Country

  11. Asia Pacific Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type

  12. Asia Pacific Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User

  13. Middle East & Africa Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Country

  14. Middle East & Africa Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type

  15. Middle East & Africa Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User

  16. Global Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Region

  17. Global Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type

  18. Global Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User

Cardiac Ultrasound Systems Market Reports - List of Figures

  1. Cardiac Ultrasound Systems Market Value Share By Region (2018)

  2. Global Cardiac Ultrasound Systems Market Share, By Country (2017)

  3. Global Cardiac Ultrasound Systems Market Share, By Product Type (2017)

  4. Global Cardiac Ultrasound Systems Market Share, By End User (2017)

  5. North America Cardiac Ultrasound Systems Market, Snapshot

  6. North America Cardiac Ultrasound Systems Market Value Share, by Country (2017)

  7. North America Cardiac Ultrasound Systems Market Value Share, by Product Type (2017)

  8. North America Cardiac Ultrasound Systems Market Value Share, by End User (2017)

  9. North America Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis, 2013–2017

  10. North America Cardiac Ultrasound Systems Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028

  11. North America Cardiac Ultrasound Systems Market Attractiveness Analysis, By Country

  12. North America Cardiac Ultrasound Systems Market Attractiveness Analysis, By Product Type

  13. North America Cardiac Ultrasound Systems Market Attractiveness Analysis, By End User

  14. Latin America Cardiac Ultrasound Systems Market, Snapshot

  15. Latin America Cardiac Ultrasound Systems Market Value Share, by Country (2017)

  16. Latin America Cardiac Ultrasound Systems Market Value Share, by Product Type (2017)

  17. Latin America Cardiac Ultrasound Systems Market Value Share, by End User (2017)

  18. Latin America Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis, 2013–2017

  19. Latin America Cardiac Ultrasound Systems Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028

  20. Latin America Cardiac Ultrasound Systems Market Attractiveness Analysis, By Country

  21. Latin America Cardiac Ultrasound Systems Market Attractiveness Analysis, By Product Type

  22. Latin America Cardiac Ultrasound Systems Market Attractiveness Analysis, By End User

  23. Europe Cardiac Ultrasound Systems Market, Snapshot

  24. Europe Cardiac Ultrasound Systems Market Value Share, by Country (2017)

  25. Europe Cardiac Ultrasound Systems Market Value Share, by Product Type (2017)

  26. Europe Cardiac Ultrasound Systems Market Value Share, by End User (2017)

  27. Europe Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis, 2013–2017

  28. Europe Cardiac Ultrasound Systems Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028

  29. Europe Cardiac Ultrasound Systems Market Attractiveness Analysis, By Country

  30. Europe Cardiac Ultrasound Systems Market Attractiveness Analysis, By Product Type

  31. Europe Cardiac Ultrasound Systems Market Attractiveness Analysis, By End User

  32. Asia Pacific Cardiac Ultrasound Systems Market, Snapshot

  33. Asia Pacific Cardiac Ultrasound Systems Market Value Share, by Country (2017)

  34. Asia Pacific Cardiac Ultrasound Systems Market Value Share, by Product Type (2017)

  35. Asia Pacific Cardiac Ultrasound Systems Market Value Share, by End User (2017)

  36. Asia Pacific Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis, 2013–2017

  37. Asia Pacific Cardiac Ultrasound Systems Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028

  38. Asia Pacific Cardiac Ultrasound Systems Market Attractiveness Analysis, By Country

  39. Asia Pacific Cardiac Ultrasound Systems Market Attractiveness Analysis, By Product Type

  40. Asia Pacific Cardiac Ultrasound Systems Market Attractiveness Analysis, By End User

  41. Middle East & Africa Cardiac Ultrasound Systems Market, Snapshot

  42. Middle East & Africa Cardiac Ultrasound Systems Market Value Share, by Country (2017)

  43. Middle East & Africa Cardiac Ultrasound Systems Market Value Share, by Product Type (2017)

  44. Middle East & Africa Cardiac Ultrasound Systems Market Value Share, by End User (2017)

  45. Middle East & Africa Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis, 2013–2017

  46. Middle East & Africa Cardiac Ultrasound Systems Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028

  47. Middle East & Africa Cardiac Ultrasound Systems Market Attractiveness Analysis, By Country

  48. Middle East & Africa Cardiac Ultrasound Systems Market Attractiveness Analysis, By Product Type

  49. Middle East & Africa Cardiac Ultrasound Systems Market Attractiveness Analysis, By End User

  50. Global Cardiac Ultrasound Systems Market Attractiveness Analysis, By Region

  51. Global Cardiac Ultrasound Systems Market Value Share Analysis, By Region, 2017 & 2028

  52. Global Cardiac Ultrasound Systems Market Attractiveness Analysis, By Product Type

  53. Global Cardiac Ultrasound Systems Market Value Share Analysis, By Product Type, 2017 & 2028

  54. Global Cardiac Ultrasound Systems Market Attractiveness Analysis, By End User

  55. Global Cardiac Ultrasound Systems Market Value Share Analysis, By End User, 2017 & 2028

  56. Global Cardiac Ultrasound Systems Market Size (US$ Mn) Analysis, 2013–2017

  57. Global Cardiac Ultrasound Systems Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028

  58. Global Cardiac Ultrasound Systems Market Absolute $ Opportunity, 2013–2028

Get in touch

Harish Tiwari

Global Head - Business Development

Pranay Mhaisekar

Business Development

* indicates mandatory fields.

Our Clients


CASE STUDIES

See how our work makes an impact.

At FMI, we design strategies that are adaptive, impactful, and implementable.

Request Sample Ask An Analyst Request Special Price Request Methodology