Ultrasound Bone Imaging Scanner Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Ultrasound Bone Imaging Scanner Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Medical Equipments

Report Description

A bone scan is a nuclear medicine imaging technique of the bone. A bone scan helps to diagnose a number of bone conditions such as bone cancer, tendon tear, ligament sprain, foreign body of soft tissue, changes in condition of rheumatoid arthritis, ganglion cysts, bone fracture, bone infection. Ultrasound imaging is a noninvasive and painless medical test which is widely used for bone scanning. Ultrasound imaging does not use ionizing component as in X-ray. Ultrasound forms pictures of the inside of the body by using sound waves through the use of transducer and ultrasound gel. Ultrasound imaging is less expensive and less time consuming.

Based on product type, the global ultrasound bone imaging scanner market can be segmented into system and accessories. The system segment is expected to grow at a rapid pace due to increase in demand for ultrasound devices for imaging among radiologists and doctors. In terms of application, the market can be bifurcated into osteoporosis and bone fracture. Osteoporosis was the leading segment of the market due to rise in prevalence of orthopedic problems among the geriatric population. Based on end-user, the global ultrasound bone imaging scanner market can be divided into hospitals, radiology centers, ambulatory surgical centers, and others. Hospitals was the leading segment of the market due to increase in number of imaging tests and treatment related to orthopedic disorders. Additionally, hospitals are preferred by both patients and physicians, as these are modernized with all types of equipment for imaging tests of bone. The growth of the ultrasound bone imaging scanner market is driven by the increasing government investment in the healthcare infrastructure development. Moreover, growing awareness about the early diagnosis of bone disease and rise in incidence of orthopedic disorders among the geriatric population is one of the major factors likely to drive the global ultrasound bone imaging scanner market during the forecast period. However, rise in cost of clinical trials of such imaging devices, stringent regulation associated with the commercialization of imaging devices, and product recalls are factors that restrain the market.

In terms of region, the global ultrasound bone imaging scanner market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the leading market for ultrasound bone imaging scanner due to advanced technology in the region. Moreover, rise in prevalence of orthopedic disorders and lower mass density among the population propels the market in the region. Osteoporosis is one the leading causes of bone fractures in Europe. According to the International Osteoporosis Foundation, nearly 3.5 million new fragility factures occur in the European Union each year. This is one of the major factors projected to drive the ultrasound bone imaging scanner market in Europe. The market in Asia Pacific is expected to register strong growth owing to increase in investments by major companies operating in the region, improving health care infrastructure, and rise in geriatric population. Technological advancements, increase in per capita income, rise in expenditure on personal health care, and surge in incidence of bone related diseases are likely to augment the ultrasound bone imaging scanner market in Middle East & Africa during the forecast period.

Major players operating in the global ultrasound bone imaging scanner market are Toshiba Medical System Corporation, GE Healthcare, Siemens AG, Philips Healthcare, Carestream Healthcare, Hitachi Medical Corporation, and Samsung Medison Co. Ltd. among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Have query on this report?

Make an Enquiry

Success Stories

Our Clients