Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Global Micro-Ultrasound Systems Market Overview
Micro-ultrasound is a contracted rendition of ultrasound with a more extensive scope of uses, particularly in research relating to little animal models. Smaller forms of imaging strategies support the viability of the methods, and furthermore lessen the number of creatures required for a specific report.
In micro ultrasound frameworks, sound waves are produced through transducers and are subsequently proliferated through living tissues. Tissues reflect these sound waves which at that point return to the transducer. The sound waves are then converted into two-and three-dimensional images. Micro ultrasound strategies are extremely valuable for research on small creatures in frequency ranges of 15 to 80 MHz. Micro ultrasound framework helps study about procedures that happen over some undefined time frame, for instance, tumor volume changes and angiogenesis, it is a committed stage for monitoring respiration, heart rate, ECG, and body temperature of creatures, it can be utilized for screening methodology helping in early identification of tumor of diameter across 50 µm or above, screens tumor perfusion and velocity of blood flow as well as enables the micro-injection of stem cells, drugs and other probes into tumors.
Market Size & Forecast
Micro-Ultrasound Systems Market is anticipated to record a significant CAGR over the forecast period. The diverse application of micro-ultrasound has created significant opportunities in the diagnostics and treatment procedures which is expected to increase its demand in the market over the forecast period i.e. 2018-2027. For pre-clinical imaging in different areas of research like cancer, vascular disease, stem cell and others, micro-ultrasound systems market is one of the fastest growing markets. As compared with other systems, micro-ultrasound systems are more cost effective, further image resolutions are also increased by injection micro-bubbles contrast agents. Users of micro-ultrasound systems get the raw data which is not available with other traditional ultrasound systems which is expected to increase the market demand for micro ultrasound systems over the forecast period.
On the basis of regional platform, global Micro-Ultrasound Systems market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America and Europe are the growing market in terms of revenue in micro ultrasound systems sector. Due to the presence of most of the market players in this region working on technology enhancement with respect to size of the system and use in different preclinical research, the market is expected to grow strongly over the forecast period. Asia Pacific is a potential market for micro ultrasound systems as many of research institute and pharmaceutical industries have their presence in this region using micro-ultrasounds systems. This factor is thus estimated to make the micro ultrasound system market in the Asia-Pacific region expand during the forecast period.CLICK TO DOWNLOAD FREE SAMPLE
Market Segmentation
Our-in depth analysis of the global Micro-Ultrasound Systems market includes the following segments:
By Imaging Technique
By End-User
By Region
Global Micro-Ultrasound Systems Market is further classified on the basis of region as follows:
Growth Drivers & Challenges
Micro-ultrasound systems providing evidential support to the clinical research is estimated to expand the micro ultrasound systems market across the globe. The factor that micro-ultrasounds can visualize tiny tumor vasculature with high image resolution will further increase the micro-ultrasound systems market demand. The unique feature of micro-ultrasound of in-vivo detection and analysis with high-resolutions in real time imaging is acting as a major factor that makes it more desirable than traditional systems.
Moreover, factors such as ease to use, portability in nature and cost-efficiency are expected to drive the growth of the micro-ultrasound systems market over the forecast period. Besides there is no risk of radiation side-effects associated to micro-ultrasound systems which will propel the market robustly in the future. However, penetration of micro-ultrasound systems when compared with micro-MRI, micro-PET and micro-CT is lower which is predicted to act as a restraining factor for the micro ultrasound systems market across the globe over the forecast period.
Key Players
Potential Companies that might enter the micro ultrasound systems market include GE Healthcare, Toshiba Corporation, Siemens AG, Phillips Healthcare.
Scope & Context
Overview of the Parent Market
Analyst View
Segmentation
The Global Micro-Ultrasound Systems Market is segmented as follows:
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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