The medical ultrasound devices market consists of devices that involve the
projection of cyclic sound waves ranging between 20 KHz - 10 MHz. These waves
create varying pressures on biological tissues, based on the level of
frequencies used. Ultrasound has the ability to raise the temperature of a
substance when directed in focused waves, and thus also finds therapeutic
applications.
Medical application of ultrasound began post World War II in the 1940s, with
the first diagnostic application being in cardiology and brain tumor
identification. Today ultrasound has medical applications in every area of the
body and gives accurate results regarding overall structural composition,
based on the density and transmission of the sound waves through biological
tissue. Along with the conventional black and white ultrasound imaging
systems, the global market also has high potential for color Doppler and 3D/4D
imaging systems. The imaging clarity and diagnostic abilities offered by
recent ultrasound devices is predicted to give a thrust to the overall global
diagnostic market; this will also support other imaging technologies such as
Magnetic Resonance Imaging, Computed Tomography, and PET/SPECT.
Ultrasound frequencies ranging between 0.8 MHz - 3.3 MHz have found use in
therapeutic application in ablation of tissue. The ultrasound energy focused
and directed towards unwanted tissue is transmitted harmlessly through the
upper layers of tissue and focused only on the target area. This raises the
temperature of the tissue, as a large amount of sonic energy is deposited
within. As living cells are not able to dissipate the heat created quickly
enough, the temperature rises above the survival threshold and the cells
finally die due to coagulation necrosis. Cell death is also caused by
cavitation, which is the implosion of microscopic bubbles inside the cell,
thus leading to destruction of the cellular wall.
Ultrasound also has other applications in movement detection for security,
structural integrity of constructions, detection of wielding cracks,
navigation and ranging in military and astronomy.
The 2011 global ultrasound medical devices market is estimated to be at $5.6
billion and is predicted to grow at a CAGR of 6.2% to reach $8.1 billion by
2017. Cart-based systems command the largest share of the ultrasound systems
and are predicted to remain so for the coming decade. Devices such as Vscan
(GE Healthcare), Acuson p10 (Siemens) and by other niche players such as
Mobisante (U.S.) are expected to propel the growth of the hand-held segment of
ultrasound devices. Meanwhile, the market for therapeutic ultrasound devices
such as High Intensity Focused Ultrasound (HIFU) and lithotripters is driven
by the increasing demand from changing trends in fields such as cosmetology,
ablative procedures, and lithotripsy applications in kidney stones, bladder
stones and others.
The global diagnostic ultrasound devices market is led by key market players
such as GE Healthcare (U.K.), Philips Healthcare (The Netherlands), Siemens
Healthcare (Germany), Esaote Group (Italy), Toshiba Medical Systems
Corporation (Japan), HITACHI-Aloka Medical Corporation (Japan), SonoSite, Inc.
(U.S.), Misonix, Inc. (U.S.), Ultrasonix Medical Corporation (Canada), Zonare
Medical Systems (U.S.), and other players such as Mindray Medical (China),
Terason Corporation (U.S.), Verathon, Inc. (Canada), Supersonic Imagine
(France), Analogic Corporation (U.S.), and TomTec Imaging Systems GMBH
(Germany).
The global therapeutic ultrasound market is led by companies such as EDAP TMS
(France), Dornier Medtech (Germany), InSightec (U.S.), Siemens Healthcare
(Germany), Philips Healthcare (The Netherlands), and Misonix, Inc. (U.S.).
Summary
The diagnostic and therapeutic ultrasound segments consist of highly advanced
technologies used for imaging and treating a variety of medical conditions.
The ultrasound imaging modality is a harmless non-invasive technique. There
are no side-effects associated with its use, as researched in the past few
years. Obstetrics and gynaecology is the most popular application for
ultrasound imaging; it has popularized ultrasound greatly and is one of the
reasons people are familiar with the technology.
Although the current ultrasound market is dominated by 2D ultrasound, the 3D &
4D ultrasound market is highly technologically driven, competitive and poised
to become significant in size. The global market is driven by increasing
application areas in oncology, cardiology and emergency medicine. The
diagnostic market accounts for a much larger share since the technology is
more mature than newly developed technologies such as High Intensity Focused
Ultrasound (HIFU).
The global diagnostic ultrasound devices market is led by key market players
such as GE Healthcare (U.K.), Philips Healthcare (The Netherlands), Siemens
Healthcare (Germany), Esaote Group (Italy), Toshiba Medical Systems
Corporation (Japan), HITACHI-Aloka Medical Corporation (Japan), SonoSite, Inc.
(U.S.), Misonix, Inc. (U.S.), Ultrasonix Medical Corporation (Canada), Zonare
Medical Systems (U.S.), and other players such as MindRay Medical (China),
Terason Corporation (U.S.), Verathon, Inc. (Canada), Supersonic Imagine
(France), Analogic Corporation (U.S.), and TomTec Imaging Systems GMBH
(Germany).
The global therapeutic ultrasound market is led by companies such as EDAP TMS
(France), Dornier Medtech (Germany), InSightec (U.S.), Siemens Healthcare
(Germany), Philips Healthcare (The Netherlands), and Misonix, Inc. (U.S.)
The 2D ultrasound contributed the largest share to the total medical
ultrasound devices market, followed by Doppler ultrasound devices and 3D & 4D
devices. The therapeutic ultrasound segment contributed the least to the total
ultrasound devices market.
The main drivers of the ultrasound market are the aging population, increasing
awareness of the benefits of using ultrasound technology and an increase in
non-invasive diagnostic and therapeutic procedures.
Table of Contents
Table of Contents
1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 MARKET SHARE
1.5.3 KEY DATA POINTS FROM SECONDARY SOURCES
1.5.4 KEY DATA POINTS FROM PRIMARY SOURCES
1.5.5 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
3.1 INTRODUCTION
3.2 MARKET SEGMENTATION
3.3 MARKET DYNAMICS
3.3.1 DRIVERS
3.3.1.1 Aging population to drive cardiology & vascular ultrasound
3.3.1.2 Long-term effects & high costs deter patients from opting for
radiation-based imaging techniques
3.3.1.3 Rise in number of healthcare institutes & improved healthcare
infrastructure estimated to boost medical ultrasound
3.3.1.4 Large untapped market available for ultrasound
3.3.1.5 Increase in minimally invasive surgeries & acceptance of
non-invasive procedures to drive the ultrasound market
3.3.2 RESTRAINTS
3.3.2.1 Lack of experienced & skilled technicians
3.3.2.2 Technological limitation of ultrasound
3.3.3 OPPORTUNITIES & CHALLENGES
3.3.3.1 Technical & educational challenges
3.3.3.2 Increasing number of applications in therapeutic ultrasound
3.3.4 TRENDS
3.3.5 MARKET SHARE ANALYSIS
4 ULTRASOUND DEVICES MARKET, BY TECHNOLOGY
4.1 INTRODUCTION
4.2 DIAGNOSTIC IMAGING ULTRASOUND
4.2.1 2D ULTRASOUND
4.2.2 3D & 4D ULTRASOUND
4.2.3 DOPPLER IMAGING
4.3 THERAPEUTIC ULTRASOUND
4.3.1 HIGH INTENSITY FOCUSED ULTRASOUND (HIFU)
4.3.2 EXTRACORPOREAL SHOCKWAVE LITHOTRIPSY (ESWL)
5 ULTRASOUND MARKET, BY APPLICATION AREA
5.1 INTRODUCTION
5.2 DIAGNOSTIC ULTRASOUND MARKET, BY CONVENTIONAL APPLICATIONS
5.2.1 CARDIOLOGY
5.2.2 RADIOLOGY/ONCOLOGY
5.2.3 OBSTETRICS & GYNAECOLOGY
5.2.4 BREAST MAMMOGRAPH ULTRASOUND
5.3 DIAGNOSTIC ULTRASOUND MARKET, BY NON-CONVENTIONAL APPLICATIONS
5.3.1 EMERGENCY MEDICINE
5.3.2 ANESTHESIOLOGY
5.3.3 MUSCULOSKELETAL ULTRASOUND
5.3.4 VASCULAR ULTRASOUND
5.3.5 UROLOGICAL ULTRASOUND
5.4 HIFU ULTRASOUND MARKET, BY APPLICATIONS
5.4.1 ONCOLOGY
5.4.2 OBSTETRICS & GYNAECOLOGY
5.4.3 CARDIOLOGY
5.5 HIFU AND LITHOTRIPSY ULTRASOUND MARKET, BY APPLICATIONS
5.5.1 UROLOGY & NEPHROLOGY
6 DIAGNOSTIC ULTRASOUND MARKET, BY PRODUCT TYPE
6.1 CART & TROLLEY BASED ULTRASOUND DEVICES
6.2 COMPACT & PORTABLE ULTRASOUND SYSTEMS
6.3 HAND-HELD ULTRASOUND DEVICES
7 GEOGRAPHIC ANALYSIS
7.1 INTRODUCTION
7.1.1 NORTH AMERICA
7.1.2 DRIVERS
7.1.2.1 Increased incidences of uterine fibroids
7.1.2.2 Non-conventional applications areas to continue pushing the
market
7.1.2.3 Demand for hand - held ultrasound devices
7.1.3 RESTRAINTS
7.1.3.1 Unstable reimbursement policies
7.1.3.2 Abortion laws and compulsory pregnancy tests expected to
hinder growth
7.2 EUROPE
7.2.1 DRIVERS
7.2.1.1 Stable reimbursement system
7.2.1.2 Highest number of hospital beds per 1,000 capita is a
expected to be a key factor contributing to demand of ultrasound
7.2.2 RESTRAINTS
7.2.2.1 Reducing size of European population and low birth-rate to
reduce usage of ultrasound
7.2.2.2 Economic slowdown in western Europe predicted to be
challenging scenario
7.3 ASIA-PACIFIC
7.3.1 DRIVERS
7.3.1.1 Medical tourism and low healthcare costs to expand healthcare
market in Asia and Pacific
7.3.1.2 Expansion of Asian economies and investment in healthcare
infrastructure to boost ultrasound market
7.3.2 RESTRAINTS
7.3.2.1 Illegal use and strict government guidelines causing a
restraint on the ultrasound market
7.3.2.2 Low number of trained professionals to operate ultrasound
FIGURE 8 HIFU GLOBAL MARKET, COMPETITIVE SHARE ANALYSIS, 2011
FIGURE 9 LITHOTRIPSY GLOBAL MARKET, COMPETITIVE SHARE ANALYSIS, 2011
FIGURE 10 GLOBAL DIAGNOSTIC ULTRASOUND DEVICES MARKET, BY TECHNOLOGY (2010
- 2017)
FIGURE 11 GLOBAL THERAPEUTIC ULTRASOUND DEVICES MARKET, BY TECHNOLOGY,
2010 - 2017 ($MILLION)
FIGURE 12 HIFU ABLATION MECHANISM
FIGURE 13 TRENDS IN MEDICAL ULTRASOUND
FIGURE 14 GLOBAL ULTRASOUND MARKET, BY CONVENTIONAL APPLICATIONS, 2011
FIGURE 15 GLOBAL ULTRASOUND MARKET, BY NON-CONVENTIONAL APPLICATIONS, 2011
FIGURE 16 GLOBAL THERAPEUTIC ULTRASOUND MARKET, BY APPLICATIONS, 2011
FIGURE 17 GLOBAL DIAGNOSTIC ULTRASOUND DEVICES MARKET, BY PRODUCT TYPE,
2010 - 2017 ($MILLION)
FIGURE 18 PURCHASE PATTERN OF ULTRASOUND SYSTEMS FOR 50 YEARS
FIGURE 19 KEY GROWTH STRATEGIES, JANUARY 2009 - JUNE 2012
Medical Diagnostic & Therapeutic Ultrasound Devices Market (2012 - 2017) - Global Trends & Competitive Analysis published by Markets and Markets in July 3, 2012. This report consists of 294 pages and the price starts from US $ 4650.
