Pediatric Ultrasound Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
Global Pediatric Ultrasound Market: Snapshot
Ultrasound imaging, or sonography, makes use of sound waves in high frequencies to take a look inside the body. It is a noninvasive diagnostic procedure that can be used to capture images of the human anatomy in real time. Their real time imaging capabilities also allow them to display internal organ movements, including blood flow and blood vessel formations. The advantage of ultrasound over similar imaging technologies such as X-ray imaging, is that the former does not expose patients to harmful rays. This forms the core principle of using ultrasound imaging in pediatric care.
Ultrasound technologies are designed to be safe and painless for patients while still being able to produce accurate images of the anatomy. Pediatric ultrasound can therefore be a significantly better method of generating images of a child’s abdomen for the sake of examination. Common body parts that can be diagnosed using ultrasound include the kidneys, stomach, appendix, uterus, spleen, and pancreas. Pediatric ultrasound imaging can therefore help a doctor check the child for deformities or the cause of pain in their abdomen. Ultrasound technologies are also highly advantageous when providing guidance for surgeons attempting to operate on the child. While it is uncommon, abdominal buildup of fluids can occur in children, and needs to be taken care of immediately. Pediatric ultrasound imaging comes handy in situations such as there.
Global Pediatric Ultrasound Market: Overview
Pediatric ultrasound imaging, also called pediatric sonography, is one of the standard imaging techniques used across a variety of healthcare facilities to scan different parts of body of children to diagnose and treat a number of medical conditions. The noninvasive and safe nature of the imaging technique is significantly used to evaluate and examine a variety of conditions and is witnessing a steady rise in demand across the globe owing to a significant rise in several diseases affecting children.
This report on the global pediatric ultrasound market presents a detailed overview of the present growth dynamics of the market and an analytical overview of the key factors expected to exert a significant impact on the overall development of the market over the period 2017-2025.
Global Pediatric Ultrasound Market: Trends and Opportunities
A host of factors are leading to the increased demand for pediatric ultrasound devices in the global market, including the significant rise in prevalence of a number of pediatric diseases, the resultant rise in demand for increased number of diagnostic procedures, and the increased consciousness among parents about the need for early diagnosis of pediatric diseases. The low threat of exposure to harmful radiations as compared to other popular imaging techniques and technological advancements in the field of pediatric ultrasound are also expected to drive the market.
Additionally, vast untapped growth opportunities in developing and less-developed economies are also expected to drive the market for pediatric ultrasounds in the next few years. However, the market’s growth is expected to be restrained to a certain extent owing to the thriving industry of refurbished medical devices, limited availability of skilled resources, and some inherent limitations of the ultrasound technology that restrict their scope of use.
Global Pediatric Ultrasound Market: Geographical Analysis
From a geographical perspective, the report examines the global pediatric ultrasound market across regions such as Europe, North America, Asia Pacific, and Middle East and Africa. Of these, the markets across developed regions such as North America and Europe are amongst the top revenue-grossers for the global market. The high prevalence of pediatric chronic heart diseases, high awareness among parents about children health, and technologically advanced healthcare infrastructures in these regions are the key factors driving the pediatric ultrasound market.
Over the report’s forecast period, however, the market for pediatric ultrasound in Asia Pacific is expected to exhibit growth at the most promising pace, chiefly owing to the increased focus of government bodies on modernization of healthcare infrastructures and rising expenditure on healthcare and fitness. With the presence of some of the world’s leading medical device manufacturers such as Hitachi and Toshiba, Japan dominates the Asia Pacific pediatric ultrasound market.
Global Pediatric Ultrasound Market: Competitive Overview
The vendor landscape of the global pediatric ultrasound market features intense competition in terms of product pricing and product features. The rising demand for portable and handheld systems has compelled leading vendors to focus on this niche segment of the market to reap sustainable returns. Futuristic technologies such as 3D and 4D ultrasound devices are also gaining increasing acceptance across developed regional markets as well as developing regional markets, a trend that could result in excellent growth opportunities for vendors wanting to venture into the pediatric ultrasound market.
Some of the leading companies contributing to the development of the global pediatric ultrasound market are Toshiba Medical System Corporation, Boston Scientific, Agfa-Gevaert NV, Hitachi Medical Corporation, Esaote SpA, General Electric Company, Fujifilm Corporation, Koninklijke Philips N.V., Samsung Medison Co. Ltd., Mindray Medical International Limited, GE Healthcare, and Siemens Healthcare.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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