PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

New Applications and Demand for Hand-carried Devices to Propel Growth of European Ultrasound Market Report Frost & Sullivan - The rising popularity of point-of-care applications will drive the market - MedicalImiaging.Frost.com
New Applications and Demand for Hand-carried Devices to Propel Growth of European Ultrasound Market Report Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/09/07 - The rising popularity of point-of-care applications will drive the market - MedicalImiaging.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Traditional applications of ultrasound, such as radiology, obstetrics and gynaecology are entering the maturity phase. The future growth of the ultrasound market in Europe is likely to be driven by new applications, including surgical, anaesthetic and endoscopic ultrasound. Ultrasound is also increasingly popular in point-of-care (POC) settings. This trend will underpin the high and constantly expanding demand for hand-carried ultrasound units.

New analysis from Frost & Sullivan (medicalimaging.frost.com), Western and Eastern European Ultrasound Market, finds that the market earned revenue of $1,259.1 million in 2010. This is estimated to reach $1,774.1 million in 2017. The following application segments are covered in this study: radiology, cardiology, surgical, obstetrics/ gynaecology and other ultrasound technology.

"Wide availability, increasing applications, lack of ionising radiation, non-invasiveness as well as competitive pricing make ultrasound a primary diagnostic tool both in Western and Eastern Europe," notes Frost & Sullivan Research Analyst Dominika Grzywinska. "Hand-carried ultrasound devices enable the use of ultrasound at POC settings, which further reinforces the popularity of this modality."

In Eastern Europe, the popularity of ultrasound is strongly associated with economic factors. This modality is also the diagnostic tool of choice in some of the more affluent Western European countries. The lack of radiation and the low cost have boosted the popularity of ultrasound among end users.

"In some countries, especially in Eastern Europe, where hospitals are struggling with budgets for medical equipment, the ultrasound is also the first tool of choice," adds Grzywinska. "The main reason for this is that hospitals cannot afford more expensive equipment, such as computed tomography (CT) or magnetic resonance imaging (MRI) and therefore decide to purchase ultrasound devices."

The growing number of ultrasound applications and the increasing mobility of practitioners are resulting in hand-carried ultrasound devices continually gaining popularity in hospitals. The portability of these devices enables their use in POC settings. As a result, the demand for this technology has grown in emergency medicine and interventional radiology.

Intense price competition and high price-sensitiveness pose the greatest obstacles to equipment manufacturers in the ultrasound market. End users of ultrasound equipment are highly price sensitive, especially in Eastern Europe.

"In Western Europe, there is demand for high-end ultrasound equipment from large hospitals, whereas, in Eastern Europe, hospitals and clinics are mostly interested in lower-priced devices," explains Grzywinska. "With increasing competition from Chinese manufacturers and rapid migration of technologies, intense price competition is emerging as a significant challenge for ultrasound equipment manufacturers."

Providing education and training, delivering superior post-sales services as well as offering flexible financing solutions are crucial to handling the price-sensitiveness of end users. Research shows, that the need for education persists, especially among practitioners in Eastern Europe.

"Educational campaigns for end users should be aimed at acquainting them with the features and capabilities of ultrasound systems, especially the high-end, advanced ones," remarks Grzywinska. "In this way, end users are more likely to fully benefit from these systems. At the same time, as the traditional applications of ultrasound are maturing, it is crucial to promote the new applications of ultrasound in order to facilitate the growth of the total market."

If you are interested in more information on this study, please send an email with your contact details to Janique Morvan, Corporate Communications, at janique.morvan[.]frost.com.

Western and Eastern European Ultrasound Market is part of the Medical Imaging Growth Partnership Service programme, which also includes research in the following markets: Eastern European Market for Ultrasound, European Ultrasound Market - Lower Body Applications, European Markets for Refurbished Medical Imaging Equipment and European Ultrasound Market - Upper Body Applications. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Western and Eastern European Ultrasound Market / M6E7

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services/Equipment articles,
CATCH Visitors via Your Competitors Announcements!


New Applications and Demand for Hand-carried Devices to Propel Growth of European Ultrasound Market Report Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Janique Morvan 
+33 (0)1 42 81 20 37 janique.morvan[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Medical Services/Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Medical Services/Equipment Most Recent Related Newswires:

Intubation Market Significant Profits Estimated to be Generated by 2025 Says Persistence Market Research
PMR Releases Report for Next Generation IV Infusion Pumps Market Impact of Existing and Emerging Market 2017-2025
Medical Tapes Market to Reach US$ 2Bn by 2024 Reports PMR
Global Pyrogen Testing Market Value Expected to Increase to US$ 1.37 Billion by 2024 Says PMR
Huber Needles Market Expected to Reach US$ 55M by 2024 According to PMR
ZOLL Technologies for Improving CPR Quality to be Showcased at NTI 2017
ConfirmMDx Improves Prostate Cancer Diagnosis in African American Men
Biomarker-based Technologies to Disrupt Conventional Diagnosis in Diabetes Management across the Globe Finds Frost & Sullivan
Agfa Specialty Products Announces the Launch of UNIQOAT
Sparta Releases Stratas 3.0 and TrackWise Intake
GE Healthcare Signs Agreement with HealthTrust to Supply Radiopharmaceuticals
GE Introduces CardioGraphe - The World’s First Dedicated Cardiovascular CT System
Frost & Sullivan Lauds ClearFlow’s ACT® Technology as a Transformational Force in Post-operative Cardiothoracic Surgery Protocols
ZOLL Receives Health Canada Approval for Two New Models of AEDS
ZOLL Hospital Wearable Defibrillator Receives Premarket Approval from the FDA

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  MagLar, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)