The global Gyneco-obstetric Ultrasound Systems Market is expected to grow at a CAGR of xx% and reach $xx Mn in 2027.
Global Gyneco-obstetric Ultrasound Systems Market
global Gyneco-obstetric Ultrasound Systems Market Overview & Dynamics:
The specialized medical field of Obstetrics and gynecology function together or separately to ensure complete health care of women. The obstetrics field deals with the pregnant woman’s wellbeing as well as delivery. An obstetric ultrasound scan is done to screen and diagnose any birth defects or hereditary conditions, thus, contributes to the growth of the market. Whereas, gynecology deals with the issues affecting the women’s reproductive system, which includes the uterus, fallopian tubes, cervix, ovaries, and vagina. Obstetrics and gynecologic (OB-GYN) ultrasound is an imaging method that uses high-frequency sound waves to produce an internal image of a woman’s bladder, uterus, fallopian tubes, cervix, and ovaries, presented on a computer screen for physician and patient viewing.
The rising prevalence of women’s health-related diseases like breast cancer and pre-cancerous diseases of reproductive organs such as the uterus, vaginal infections, infertility, and other diseases are the major factors escalating the market growth. Rising preference of patients towards minimally invasive procedures and technological advancement in ultrasound systems such as 3D and 4D systems contribute to the growth of the market. Moreover, the demand for ultrasound images is increasing due to high-resolution images produced, which allows physicians to view a clearer image of any tissue or body part. With the increasing healthcare expenditure in developing countries such as India, new hospitals and medical centers are being set up in the countries, due to which, the market for OB-GYN ultrasound is expected to increase in the near future. However, lack of proper training and high cost of instruments may restrain the market growth during the forecast period.
The report covers the detailed analysis of global Gyneco-obstetric Ultrasound Systems industry with the classifications of the market. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players contribution in it.
The report has profiled twelve key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology is analyzed and the report has come up with recommendations for a future hot spot in APAC region.
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global Gyneco-obstetric Ultrasound Systems Market Regional Insights:
Global Gyneco-obstetric Ultrasound Systems Market
North America expected to witness profitable market growth of xx% during the forecast period.
The ultrasound market in North America was estimated at the US $2.39 Billion in 2019. The region is expected to hold a dominant share due to increased adoption of technologically advanced products, rising awareness about pregnancy monitoring and fetus care, favorable reimbursement policies by the government and highly developed medical infrastructure and high per capita healthcare expenditure is expected to drive regional market growth. Europe is expected to register a significant CAGR of xx% during the forecast period due to increasing geriatric patient pool suffering from chronic diseases, which rises the demand for timely assessment of body parts and the increasing number of new product launches.
Asia Pacific is expected as the fastest growing region during forecast period at a CAGR of xx%.
The Asia Pacific will command the global market owing to the drivers like improved medical infrastructure, presence of a large target population with high unmet needs, the adaptation of minimally invasive techniques increased patient awareness and rise in disposable income. The market is anticipated to experience fast development in demand for wireless brain sensor in emerging countries such as Japan, China, Brazil, India, Indonesia, and South Korea over the forecast period owing to rising incidences of weight-related disorders. ARIETTA 70 was launched by Hitachi owing to the ever-evolving healthcare industry demands and efficiency in all aspects of patient care. Arietta 70 was designed to provide maximum scanning comfort, user efficiency, and portability.
global Gyneco-obstetric Ultrasound Systems Market Segment Analysis:
On the basis of modality the Gyneco-Obstetric Ultrasound systems market is segmented as Portable Gyneco-obstetric ultrasound systems and On-platform Gyneco-obstetric ultrasound systems. The On-platform Gyneco-obstetric ultrasound systems are currently dominating the market. It held the largest revenue share in 2019, which is primarily attributed to the higher cost of the system. The market share of Portable Gyneco-obstetric ultrasound systems is expected to increase during the forecast period owing to its portability and convenience of use.
Global Gyneco-obstetric Ultrasound Systems Market1
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global Gyneco-obstetric Ultrasound Systems Market Segmentation:
global Gyneco-obstetric Ultrasound Systems Market, By Modality:
• Portable Gyneco-obstetric ultrasound systems
• On-platform Gyneco-obstetric ultrasound systems.
global Gyneco-obstetric Ultrasound Systems Market, By Technology:
• 2D systems
• 3D systems
• 4D systems
global Gyneco-obstetric Ultrasound Systems Market, By End-Users:
• Specialty gynaecology clinics
• Diagnostic centres
Key Players operating in Gyneco-obstetric ultrasound systems Market
• MEDGYN PRODUCTS INC.
• Siemens Healthcare GmbH
• Shenzhen Biocare
• Bio-Medical Equipment Co. Ltd.
• General Electric Company
• Caresono Technology CO. LTD
• Xuzhou Kejian Hi-tech Co., Ltd.
• Esaote S.p.A
• FUJIFILM Holdings Corp
• Hitachi Ltd
• Shimadzu Corp
The report also helps in understanding Global Gyneco-obstetric Ultrasound Systems Market dynamics, structure by analyzing the market segments and project the Global Gyneco-obstetric Ultrasound Systems Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Gyneco-obstetric Ultrasound Systems Market make the report investor’s guide.
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