Navigation Links
Emerging Ultrasound Market to Grow Rapidly Over Next Five Years
Date:4/23/2008

Compact ultrasound systems will drive emerging market to over $300 million

in 2012, according to Millennium Research Group

WALTHAM, Mass., April 23 /PRNewswire/ -- According to Millennium Research Group's US Markets for Ultrasound Systems 2008 report, the emerging ultrasound market will experience rapid growth over the next five years. Increasing at a compound annual growth rate of over 15% from 2007 to 2012, this market, composed of ultrasound systems used for regional anesthesia, emergency medicine, surgery, and critical care, will exceed $306 million by 2012 (excluding upgrade and service revenues).

The affordability and improving performance of compact systems have made ultrasound increasingly popular in nontraditional environments such as critical care units. Compact systems weigh 15 pounds or less, providing convenience and mobility to physicians. Manufacturers of these systems have fostered growth in emerging markets by tailoring new compact systems to include specific applications that ease system operation for health care providers who are inexperienced with ultrasound.

"Compact systems can be carried conveniently when patient mobility is an issue, and take up little space in environments where space is at a premium," says Robert Mak, Analyst at Millennium Research Group. "These attributes make them invaluable to critical care units and emergency medicine environments, where rapid diagnoses are sometimes essential."

The US Markets for Ultrasound Systems 2008 report not only covers the emerging ultrasound market, but also the cardiology, radiology, women's health, and ultrasound contrast agent markets. Industry competitors include ALOKA, B-K Medical, Biosound Esaote, Fukuda Denshi, GE Healthcare, Hitachi Medical Systems, Medison America, Philips Healthcare, Shimadzu, Siemens Healthcare, SonoSite, Terason, Toshiba America Medical Systems, U-Systems, Ultrasonix Medical, and ZONARE Medical Systems

About Ultrasound

Used in radiology, cardiology, OB/GYN, and emerging markets, ultrasound is a popular noninvasive diagnostic imaging modality that requires minimal patient preparation. Ultrasound imaging is based on the transmission and receipt of sound waves. Each type of human tissue produces a unique pattern, which in turn is transformed into live images. Although unable to penetrate bone, ultrasound is useful in imaging soft tissues and fluid-filled spaces.

About Millennium Research Group

Millennium Research Group (http://www.MRG.net), a Decision Resources, Inc. company (http://www.DecisionResources.com), is the global authority on medical technology market intelligence and a leading provider of strategic information to the health care sector. Focused solely on the medical device, pharmaceutical, and biotechnology industries, the company provides its clients with the benefits of its specialized industry expertise through published reports and customized consulting services.

All company, brand, or product names contained in this document may be

trademarks or registered trademarks of their respective holders.

For more information, contact:

Amy Krohn

Millennium Research Group

416-364-7776 x101

akrohn@mrg.net


'/>"/>
SOURCE Millennium Research Group
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Normal weight obesity: An emerging risk factor for heart and metabolic problems
2. Perrigo Company to Present at the 12th Annual Sidoti Emerging Growth Institutional Investor Forum
3. Abaxis, Inc. to Present at the Sidoti & Company Twelfth Annual New York Emerging Growth Institutional Investor Forum
4. Scientists say tropics are next emerging disease hotspot
5. inVentiv Clinical Expands Operations to Emerging Latin American Region
6. Current and Emerging Therapies Have No Advantage Over Pfizers Lyrica in Their Effect on Patients Quality of Life in the Treatment of Diabetic Neuropathy
7. Kensey Nash to Participate in the Sidoti Twelfth Annual New York Emerging Growth Institutional Investor Forum Conference
8. EntreMed to Present at the Jesup & Lamont Emerging Growth Stock Conference
9. The Quantum Group to Present at the Jesup & Lamont Emerging Growth Stock Conference on February 28th
10. Scientists make first map of emerging-disease hotpsots
11. New findings on emerging contaminants
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/26/2016)... ... ... In Madeira Beach Florida, a small town with 4,300 residents on a ... Madeira Beach United, to oppose two development projects undertaken by their city government that ... rise urban environment. , According to the Tampa Bay Times on May ...
(Date:5/26/2016)... ... May 26, 2016 , ... HealthPostures, ergonomics designer and ... , furniture that may support women during pregnancy. Potential benefits of using the Stance ... rest and comfort and healthier levels of sitting and standing. , Need for the ...
(Date:5/25/2016)... ... May 25, 2016 , ... ... Association/American Stroke Association's Get With The Guidelines®-Stroke Gold Plus Achievement Award with ... second for Memorial Healthcare System, recognizes its commitment to emergency stroke care ...
(Date:5/25/2016)... ... May 25, 2016 , ... Serenity Recovery, a ... video highlighting one of the many supplemental program options offered at their rehabilitation ... 5 th Degree Black Belt in the Shorin-ryu style of Karate that originated ...
(Date:5/25/2016)... ... May 25, 2016 , ... ... Program (KOHP), a $500,000 two-year pilot initiative to improve oral health-related awareness, education, ... professional development for health care providers and promote best practices in 10 New ...
Breaking Medicine News(10 mins):
(Date:5/24/2016)... 2016  NxStage Medical, Inc. (Nasdaq: NXTM ... renal care, today announced that Jeffrey H. Burbank ... following schedule of investor conferences. Where applicable, a webcast ... http://ir.nxstage.com/ .   ... NY           Friday, June 10, 2016 1:30 p.m. ET ...
(Date:5/24/2016)... , May 24, 2016  Joe Marziani has joined VMS BioMarketing as senior vice ... officer, today. In his new role, Marziani will lead the company,s business development and ... to improve outcomes. Photo - http://photos.prnewswire.com/prnh/20160523/371089 ... ... ...
(Date:5/24/2016)... KONG , May 24, 2016 ... stent de doble terapia del mundo, introduce catéteres ... arteriovenosa. OrbusNeich, una compañía global especializada ... las vidas, ha expandido su cartera incluyendo productos ... balón JADE™ y Scoreflex™ PTA son los dispositivos ...
Breaking Medicine Technology: