Global Contrast Enhanced Ultrasound Market: Overview
The advent of economical contrast agents, contrast imaging modes, and increased volume of ultrasound procedures are becoming an important part of ultrasound systems are all contributing to the expansion of the global contrast enhanced ultrasound market. In addition to that, compared to other technologies, contrast enhanced ultrasound (CEUS) is more patient-friendly, cost-effective, and radiation-free. This is likely to drive demand for contrast enhanced ultrasound in the market. In the battle against COVID-19, the necessity of using CEUS technology into point-of-care (PoC) diagnostics has been a significant learning.
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The global contrast enhanced ultrasound market is expected to benefit from the rising prevalence of complicated comorbidities and long-term illnesses. In addition to that, technological improvements in contrast-enhanced ultrasound imaging, and private and government sector investments are likely to augur well for the market in the years to come. The number of diagnostic imaging tests has increased as the frequency of complicated comorbidities and chronic illnesses has increased. Ultrasound imaging, which uses gas-filled microbubbles to improve the view the organs and blood arteries, is a common diagnostic tool for these conditions. The importance of these tests in determining the necessity for treatment/surgery during perioperative scans and interventional procedures prior to operations is expected to increase the use of contrast media in imaging techniques.
Transparency Market Research offers a comprehensive understanding of the global Contrast Enhanced Ultrasound market through this report. It offers well-researched data on various facets of the market to offer valuable business input for profit generation.
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Global Contrast Enhanced Ultrasound Market: Notable Developments
Siemens Healthineers introduced the Acuson Sequoia ultrasound system in June 2018, which offers high-resolution imaging that adapts to individuals' personal traits for improved diagnosis. This was done in order to increase treatment choices and acquire a competitive edge.
The noted players that are operational in the global contrast enhanced ultrasound market are BK Medical Holding Company, Inc, Siemens Healthineers AG, Bracco Diagnostic Inc., Trivitron Healthcare, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., and nanoPET Pharma GmbH.
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Global Contrast Enhanced Ultrasound Market: Key Trends
Below-mentioned market trends and opportunities mark the global contrast enhanced ultrasound market:
Rise in the Number of Patients Suffering from Chronic Diseases to Support Market Growth
The increasing volume of diagnostic processes, which stems from the expanding number of patients suffering from chronic illnesses, is a major driver for the expansion of the global Contrast Enhanced Ultrasound market. Cancer is the second-leading cause of mortality across the globe, according to the WHO (World Health Organization), with an estimated 9.6 Mn fatalities in 2018. These illnesses are avoidable and, if detected early enough, can save lives of many of the patients.
The future of the global contrast-enhanced ultrasound market is likely to be filled with a slew of technical developments. The contrast-enhanced ultrasound market is expected to benefit from a wide range of pipeline medicines that have a high chance of being approved in clinical studies in the future. However, the high cost of contrast-enhanced ultrasound equipment and the scarcity of helium may cause the industry to shrink dramatically.
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Global Contrast Enhanced Ultrasound Market: Geographical Analysis
Because of the growing incidence of lifestyle-related chronic illnesses and the widespread use of ultrasonography in general diagnostics, North America is likely to dominate the market and is projected to do so for a few more years. Additionally, the market in the area is expected to be driven by a strong demand for technologically sophisticated medical equipment.
Because of the rapidly expanding elderly population and better healthcare facilities for disease treatment, Asia Pacific is expected to develop considerably in the future years. Medical tourism is projected to grow in Asia Pacific nations, which would help to expand the region's market.
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