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Pediatric Ultrasound Market Key Factors for Growth of Industry Globally

Pediatric Ultrasound Industry, Global Press Release


Portland, OR -- (SBWIRE) -- 10/11/2017 -- Report titled, "Global Pediatric Ultrasound Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025" published by Progressive Markets. As per the report, the global pediatric ultrasound market generated a revenue of $252 million in 2015 and is estimated to reach $332 million by 2022, registering a CAGR of 4% from 2016 to 2022. The report offers a comprehensive analysis of drivers & restraints, top impacting factors, detailed segmentation, market size & forecasts, and key market players. The study is a helpful source of information to gain insights on untapped geographies, recent market status, major market trends, and market size projections by 2022. It benefits market players, investors, stakeholders, VPs, and new entrants to gain detailed understanding of the current market conditions and outlook toward future to devise strategies for growth.

The report provides an executive summary of the global pediatric ultrasound market to help management executives and investors to save time to roll out strategies for growth and quantify opportunities. It also helps them to devise plans by considering a future-centric approach. Key benefits of the market are outlined along with outlining dominating segments. Market research methodology is highlighted in the research to help readers determine sources of data, information and statistics. Primary & secondary methodology are mentioned along with highlighting analyst tools & models in the study.

The report offers a detailed segmentation of the global pediatric ultrasound market based on age group and geography. Based on age group, the market is classified into newborns (04 weeks), infants (4 weeks to 1 year), toddlers (13 years), preschoolers (46 years), school-aged children (613 years), and adolescents (1319 years). In 2015, newborns and adolescents segments contributed the highest revenue, accounting for around half of the total market share. The adolescents segment is the fastest growing segment, growing with a CAGR of 4.5% during the forecast period. This is attributed to rise in the prevalence of high blood pressure, obesity, and smoking among adolescents that leads to cardiac disorders. Geographically, the market is divided into North America, Europe, Asia-Pacific, and LAMEA. These insights are helpful to determine dominating segments, devise strategies for expansion, and increase user base.

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Technological advancements in ultrasound devices, increase in prevalence of pediatric chronic heart diseases, rise in consciousness about diagnosis of cardiovascular diseases in children, and low threat of exposure to ionizing radiations are factors driving the global pediatric ultrasound market. Lack of skilled and dedicated pediatric sonographers and limitations of ultrasound imaging are challenges manufacturers need to overcome. Untapped geographies and investments in emerging economies present new opportunities in the industry. These insights help to determine steps to be taken to experience growth by tapping into growth driving factors and weighing up opportunities.

A market overview is offered in the report along with key findings and market dynamics. Top impacting factors, key winning strategies, and investment pockets are outlined to assist market players, new entrants, and investors devise their next moves. Porter's Five Forces analysis is offered in the study to help market players develop strategy for business and determine level of competition. Market share analysis for key segments are offered for 2015 with the help of tabular and pictorial format. Market dynamics are provided in the study in terms of drivers, challenges, and opportunities.

The report offers a detailed analysis of key market players operating in the global pediatric ultrasound industry. Company overview, business segments, and business performance of each player are outlined in the research. Moreover, key strategic moves taken and developments are also offered in the study. Key market players operating in the industry are Analogic Corporation, Esaote SpA, Fujifilm Corporation, General Electric Company, Hitachi, Ltd., Koninklijke Philips N.V., Mindray Medical International Limited, Samsung Medison Co. Ltd., Siemens AG, and Toshiba Corporation. These information is helpful to determine competitive intensity and open up opportunities for collaborations, agreements, and partnerships. These insights are helpful for investors to determine investment feasibility.

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