China Driving Demand for Medical Ultrasound Equipment
31 Oct 2011 • by Natalie Aster
A recently published report “Global Medical Ultrasound Equipment Market 2010–2014” by Infiniti Research reveals that the Global Medical Ultrasound Equipment market is expected to grow at a CAGR of 2.3 percent over the period 2010–2014. The report, which covers the Americas as well as the EMEA and APAC regions, indicates that the market is being driven by the growing demand from China for medical ultrasound equipment.
According to Technavio’s industry analyst, “The Chinese market for ultrasound imaging equipment is expected to exhibit strong growth through 2014. The Medical Ultrasound Equipment market has benefited from the Chinese Government's efforts to upgrade medical devices in thousands of township and county-level hospitals across the country. Multinational companies are now looking to penetrate the low-end Chinese market.”
Global Medical Ultrasound Equipment Market 2010–2014
Published: September 2011
Price: US$ 1,500.00
The report also highlights that the highly fragmented nature of the market is hindering growth. However, the increasing use of ultrasound for appendicitis treatment is expected to boost market growth. This market is also marked by the rapid growth of portable medical ultrasound equipment. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market.
Companies mentioned in the report include GE Healthcare, Philips Healthcare, Siemens Healthcare, Toshiba Medical Systems Corp., and Hitachi Medical Systems.
More information can be found in the report “Global Medical Ultrasound Equipment Market 2010–2014” by Infiniti Research.
To order the report or ask for sample pages contact [email protected]