The global cardiovascular ultrasound market is expected to grow at a significant CAGR during the forecast period. The progression of the market is accredited to an upsurge in the prevalence of cardiovascular diseases, rising technological advancements, and advantages of echocardiography over invasive cardiac diagnostic procedures are the primary factors contributing to the growth of the market. Cardiovascular diseases (CVD) are the substantial cause of mortality in the developed as well as developing economies. Thus, the increasing number of cardiovascular diseases increased the demand for cardiovascular ultrasound system for the diagnosis. However, the high costs of installations and maintenance and lack of awareness are the factors that challenges the growth of the market during the forecast period.
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2D Ultrasound imaging technology providing growth opportunities to the market. The 2D ultrasound imaging or B-mode echography or sonography shows a 2D map of B-mode data and is the most common technology utilized across the globe. It utilizes multiple transducers and enables the generation of multiple images of the field or frames every second on the screen, giving an illusion of movement. Whereas, low resolution and distortion of ultrasound wave that leads to erroneous images, and view of the internal bone structure are some of the challenging factors of the 2D ultrasound imaging technology, thus, hampering the growth of the market during the forecast period. However, the rapid technological advancements including Doppler imaging and 3D/4D ultrasound imaging are expected to provide growth opportunities to the market.
The key players contribute to the market growth by adopting various market strategies. For instance, in August 2019, Terason, an ultrasound imaging company has partnered with DiA Imaging Analysis, the AI-based solution provider for ultrasound analysis, to offer its cardiac solutions on Terason's point-of-care ultrasound devices for the customers across the region. This partnership will enable the company to provide its products to cater the customer needs. In March 2018, Canon Medical Systems Corp. introduced a latest variety of Aplio i900 Premium Cardiovascular Ultrasound. The new 4D Imaging features improves the application of ultrasound for CVDs that further boosts the growth of the in the cardiovascular ultrasound market.
Current Market Trends Covered in the market report:
The Report Cardiovascular Ultrasound Market - Segmented by Type, Technology, and End-User
By Type
By Technology
By End-User
The Report Cardiovascular Ultrasound Market – Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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