Technological Breakthroughs Analysis for Ultrasound Devices Market to Reach US $11.0 Bn in 2023
The global ultrasound devices market features a high level of consolidation and dominance by few large companies. In 2014, the top three companies in the market, namely GE Healthcare, Fujifilm Holdings Corporation, and Koninklijke Philips N.V., held over 67% of the overall market, observes a recent report by Transparency Market Research. Growth and development of businesses is largely dependent on long-term contracts with key end users and the pace of development of innovative, more efficient product varieties.
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