Penetration of Artificial Intelligence is expected to create lucrative growth opportunities for healthcare industry as well as heath related services. Unfavorable reimbursement scenarios and FDA regulations have been negatively impacting the global market growth since the recent past. Digitization with regards to healthcare industry is expected to significantly increase the production sales of ultrasound systems in the forthcoming years.
A recent study by Future Market Insights predicts a moderate steady 5.7% CAGR growth of ultrasound systems market during the anticipated period, 2018-2028. In addition, the ultrasound systems market is likely to touch an evaluation of more than US$ 12,500Mn by 2028-end. Developing effective ultrasound systems for end-users is possible to be a vital trend, increasingly impacting growth of ultrasound systems market. Besides, the report poses constructive insights for the growth of ultrasound systems market in the forthcoming years.
Analysts that have been part of this report development made sure that they have delivered valuable information as to how ultrasound systems market will expand through 2028. Additionally, our analysts have catered to the growing concerns of industry participants and market observers.
What according to you is trending in the ultrasound systems market?
Well, based on the in-depth analysis, higher penetration of the ultrasound systems that are hand-held type have been significantly trending in the global market. Key players and manufacturers are planning to integrate AI (artificial intelligence) in ultrasound machines.
Which sector will continue to drive in significant revenue growth in ultrasound systems market?
Well, analysis shows that hospitals are expected to hold the maximum usage of the system as well as lion’s share in the global market. Increasing need for productivity and efficiency, thereby meeting the requirements of consumers to influence manufacturers in the healthcare industry to develop value-oriented products.
According to you, what is driving the growth of ultrasound systems market?
Well, based on analysis, increasing cases of pregnancy have been significantly driving the growth of ultrasound systems market since recent past. Rising number of the ultrasound imaging centers along with advanced and innovative technologies will be contributing significantly towards the growth of global market in the forthcoming years. Apart from this, considerable decrease in the prices of products related to ultrasound systems has increased the adoption of these systems.
What are the major factors according to you that is hindering the growth of ultrasound systems market?
Well, based on analysis, unfavorable reimbursement regulations and higher costs related to usage of ultrasound systems has been significantly hindering the growth of ultrasound systems market. Advanced and innovative technologically integrated equipment are posing significant challenges to the healthcare providers.
Can you mention few key players in the ultrasound systems market?
Certainly yes. Few key players profiled by analysts are inclusive of Hitachi Medical Corporation, FUJIFILM Holdings Corporation, Analogic Corporation, Philips Healthcare, Toshiba Corporation, and Samsung Medison Co. Ltd. and General Electric.
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