San Francisco, California, October 18, 2018: A report prepared by TMR Research, titled, “Cardiovascular Ultrasound System Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017–2025,” finds that the market worth over a billion US dollars will rise steadily over the next few years. This is because of the rising instances of cardiovascular diseases and the continued improvement in the quality of images. Constant focus on building better products has led to more evolved machines and processes.
Going forward, the global cardiovascular ultrasound system market is set to see further growth as the devices not just help to uncover abnormalities in heart’s functioning to provide an early stage diagnosis, but are also useful in unraveling cancer.
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The different types of cardiovascular ultrasound systems in the market are transthoracic, fetal echocardiography, and transesophageal. The segment of fetal echocardiography, of them, is predicted to see maximum growth in the next few years. In it tests are carried out in the second trimester to check the development of all the four chambers of the heart. It enables visualization of the structure of the heart of an unborn child. The segment is currently grossing most of the revenue in the global cardiovascular ultrasound system market.
Based on technology, the global cardiovascular ultrasound system market can be segmented into 2D, 3D/4D and Doppler. Among the three, the Doppler is the most preferred since it offers sharper images in much less time. Emerging economies of China and India are at the forefront of lapping it up.
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Geographically, North America at present accounts for a considerable share in revenue because of the huge thrust on preventive medicine coupled with superior healthcare facilities. With respect to growth rate, however, Asia Pacific is predicted to surpass most other regions owing to the rising instances of chronic diseases in the region.
Some of the prominent participants in the global cardiovascular ultrasound system market are GE Healthcare, Philips Healthcare, Siemens Healthcare, and Hitachi Medical Corporation.