Ultrasound Equipment Market is Projected To Reach At a 7600 Million USD by the End of 2025

Author: QYResearch  |   Published Date: 2019-03-06   |   Views: 168

The global market for ultrasound equipment is growing significantly due to the factors such as the rising prevalence of chronic diseases across the globe, growing technological advancements, and private and government funding for research and development in ultrasound imaging. 

Global Ultrasound Equipment Market: Drivers and Restraints

Some of the factors such as increasing demand for a non-invasive solution, growing awareness among patients regarding early disease diagnosis, and the advent of technological advancements are likely to propel the growth of the global market for ultrasound equipment in the near future. Growing demand for better diagnostic treatment is likely to fuel the growth of the market. Other factors such as rising incidence of chronic diseases (stroke, heart disease, and cancer), increasing procedures using ultrasound diagnostic imaging, and growing demand for point-of-care testing are driving the growth of the ultrasound equipment market over the forecasted period. 

Apart from this, rising adoption of ultrasound imaging in the field of emergency medicine, cardiology, and oncology, and growing usage of 3D and 4D ultrasound imaging, are some of the trends that boost the growth of the market in the years to come. 

However, the high cost of medical imaging and the risk of high radiation are the factors that are creating a negative impact on the growth of the ultrasound equipment market. 

Global Ultrasound Equipment Market: Segmental Analysis

The global market for ultrasound equipment is segmented into application and product type. Based on the application, the ultrasound equipment market is segmented into Measurement, Medical Imaging, and Detection. On the basis of product type, the market is segmented into Portable Ultrasound Equipment and Stationary Ultrasound Equipment.  

Global Ultrasound Equipment Market: Regional Analysis

Asia Pacific is one of the active regions in terms of growth in the ultrasound equipment market. Emerging economies such as China is expected to be the leading market for ultrasound equipment due to the high market share and the advent of innovative technologies. The market in Europe is likely to grow during the predicted period. North America market for ultrasound equipment is also expected to show remarkable growth in the ultrasound equipment market in the near future.

Global Ultrasound Equipment Market: Leading Players

LANDWIND MEDICAL, GE Healthcare, SIUI, Philips, SonoScape, Hitachi-Aloka, Mindray Medical, Siemens, ALPINION, Toshiba, Terason, FUJIFILM SonoSite, Analogic, Esaote, and Samsung Medison are the key companies that are operating into the global market for ultrasound equipment. 

General Electric’s Quarter first, 2019 Earnings 

According to Zacks investment research, General Electric has issued its quarter one earnings on January 31, 2019. Oppenheimer has issued estimated Q3, 2019 earnings for General Electric at $0.19 earnings per share, quarter fourth earnings at $0.26 earnings per share, Financial Year 2019 earnings at $0.70 earnings per share and financial year 2020 earnings at $0.50 earnings per share. 

The company has late posted its quarterly earnings results on January 31, 2019. The firm reported $0.17 earnings per share for the quarter, by missing the consensus estimate of $0.18 by $0.01. The company’s positive ROE (Return on Equity) is 9.84% and negative net profit is 18.38%. General Electric’s earned revenue of $33.28 Bn during the period of a quarter, with the comparison to analyst expectations of $32.01 Bn. 

Full Report Overview@ https://www.qyresearch.com/index/detail/955901/global-ultrasound-equipment-market

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