Global 3D/4D Ultrasound Equipment Market Witnessed to Grow Exponentially at a CAGR of 7.03% during 2017-2021


Published on : Sep 06, 2017

Albany, New York, September 6, 2017: In recent time, there is increased use of medical ultrasound equipment due to rising demand for point-of-care testing and increasing number of diagnostic procedures. Nowadays, the vendors in the global market are offering more advanced technology equipment to users that include features such as improved image quality, volumetric ultrasound and improved mode technology. Market Research Hub (MRH) has recently added a latest study to its vast repository, which is titled as “Global 3D/4D Ultrasound Equipment Market 2017-2021”. The study briefly highlights the present scenario and growth prospects of the global market for 3D/4D equipment’s, with a prime focus on key regions such as EMEA, Americas and APAC. On the basis of the five years forecasts, analysts predict that the global 3D/4D ultrasound equipment market will grow swiftly at a CAGR of 7.03% during the period 2017-2021.

The report firstly describes the scope of the analysis along with the current market overview on 3D/4D equipment. Three-dimensional (3D) ultrasound equipment help in scanning tissues from different angles. 3D ultrasound imaging, an advanced and quicker form of two-dimensional (2D) ultrasound, collects volume data. On the other hand, (4D) ultrasound is the updated version 3D ultrasound images in rapid succession. Here the fourth dimension is time, which adds movement and creates a most realistic moving representation of all images. In terms of geography, the Americas account for the highest revenue share of this market. There is a growing awareness towards the need for breast cancer screening in the region. Since 3D/4D ultrasound provides a clear image of dense breast tissues, this rise in awareness will consequently aid in the growth of the market.

The research study also incorporates competitive scenario in the considered regions. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the global 3D/4D equipment market and future opportunities has been provided in the market overview section.  The major market trends observed by the study is the growing demand for portable 3D/4D ultrasound equipment, new product launches coupled with R&D activities and growing popularity of 4D ultrasound across the world.

Moving further, the report provides details of the market segmentation by types, application and geography. By types, it includes static 3D/4D ultrasound equipment and portable 3D/4D ultrasound equipment. On the basis of application, it covers OB/GYN, Cardiology, Radiology and others. Due to wide applications of 3D/4D ultrasound, the market is gaining momentum. Major end-users mentioned in the study are Diagnostic centers, research centers and hospitals. Of these, the hospital's segment will be the major end user to this market.

Key vendors available in this market are Toshiba Medical Systems, GE Healthcare, Shenzhen Mindray Bio-Medical Electronics, Philips Healthcare and Siemens Healthineers. Some other prominent vendors are ALPINION MEDICAL SYSTEMS, Carestream Health, Analogic, ContextVision, CHISON, MedGyn, SonoStar, TOMTEC IMAGING SYSTEMS etc.

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