Ultrasound is one of the medical imaging modalities. It allows physicians to generate images of internal organs of a patient's body to diagnose an ailment using high frequency sound waves. The system consists of a transducer and ultrasound detector, or probe. The technique is minimally invasive and offers safety to the patient.
MARKET SCOPE
The "Global Vascular Ultrasound Machine Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the vascular ultrasound machine market with detailed market segmentation by product type, application, and geography. The report provides key statistics on the market status of the leading vascular ultrasound machine market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
-Based on product type, the global vascular ultrasound machine market is segmented into handheld type, and tabletop type.
-On the basis of application, the market is bifurcated into hospital, clinic, and others.
MARKET DYNAMICS
Drivers
-Increasing technological advancements and product launch in ultrasound industry, and the growing applications of emerging ultrasound techniques are driving the vascular ultrasound machine market.
-Growing incidence of target diseases and increasing prevalence of chronic diseases boosts the market growth.
-Rising demand for minimally invasive therapies and image-guided procedures, significant healthcare expenditure and developing healthcare infrastructure fuel the growth of the market.
Restraints
-Unfavorable healthcare reforms in developed countries.
-Lack of trained technicians.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The vascular ultrasound machine market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the vascular ultrasound machine market in these regions.
IMPACT OF COVID-19 ON VASCULAR ULTRASOUND MACHINE MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has negatively impacted the ultrasound market. The unfavorable changes in regulations and guidelines, closing down of manufacturing facilities due to lockdowns and unavailability of raw materials, disruptions in supply chain of medical device, recruitment challenges for clinical trials and reduced patient flow has further impacted the growth of the overall ultrasound market. Also, the demand for ultrasound devices reduced as the usage of imaging system decreased due to lack of need of emergency care. However, due to spike in the infection count ultrasound system is been used by healthcare providers to triage, monitor, and diagnose COVID-19 patients. Hence, the market may witness substantial growth.
MARKET PLAYERS
The report covers key developments in the vascular ultrasound machine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from vascular ultrasound machine market are anticipated to have lucrative growth opportunities in the future with the rising demand for vascular ultrasound machine in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the vascular ultrasound machine market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Philips Healthcare
-Avante Health Solutions
-Koven Technology
-Ultrasound Technologies
-Huntleigh
-Edan Instruments
-Natus Medical
-CooperSurgical
-Siemens Healthineers
-Newman Medical
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.