The world ultrasound devices market is projected to reach $10,476 million by 2022. This is primarily attributed to the large number of technological advancements (such as 3D & 4D imaging) in ultrasound systems, increase in prevalence & incidence rates of chronic diseases (such as heart disease, stroke, type 2 diabetes, and cancer), increase in number of ultrasound diagnostic imaging procedures, demand for minimal invasive therapies, and rise in awareness for early disease diagnosis. The factors such as rise in public & private investments and grants & funds for the development of more advanced ultrasound devices as well as to create awareness about the advantages offered by these devices also drive the market growth. \n\nRead more details at: https://www.alliedmarketresearch.com/ultrasound-devices-market\n
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Global Opportunity Analysis and Industry Forecast,
2014 - 2022
ULTRASOUND DEVICES MARKET OVERVIEW
DEVICES MARKET KEY FINDINGS
KEY DRIVERS OF THE ULTRASOUND DEVICE MARKET
The radiology/general imaging segment accounted for the major share of 30% of the overall ultrasound market in 2015. This is primarily due to the wide adoption of ultrasound devices in the diagnosis of rising number of abdominal diseases. Urology has emerged as the fastest growing segment, registering a CAGR of 11.3% during the forecast period, due to the growing incidences of urinary tract infections coupled with the rapidly aging patient population.
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