Growth Opportunities in the Global Ultrasound Imaging Market
The future of the global ultrasound imaging market looks good with opportunities in the gynecology,cardiology, radiology, vascular and urology clinical applications market. The global ultrasoundimaging market is expected to reach an estimated $7.6 billion by 2022 and is forecast to grow at aCAGR of 4.9% from 2017 to 2022. The major drivers for the growth of this market are the risingdemand for minimal invasive and non-invasive diagnostic procedures, technology advancement,and an increasing number of patients.
In this market, gynecology, cardiology, radiology, vascular and urology are the application market.On the basis of comprehensive research, Lucintel forecasts that the gynecology and cardiologysegments are expected to show above average growth during the forecast period.
Within the global ultrasound imaging market, radiology segment is expected to remain the largestmarket. Growing geriatric population and rise in awareness for early diagnosis are the major drivingforces that will spur growth for these segments over the forecast period.
For business expansion, this report suggests innovation and new product development forachieving the best imaging quality in diagnostic imaging using ultrasound devices.
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