The global contrast enhanced ultrasound market size is estimated to reach USD 1.9 billion by 2027, expanding at a CAGR of 3.5%, according to a new report by Grand View Research, Inc. Introduction of affordable dyes, increasing sonography procedural volume, and contrast imaging modes becoming an integral feature of ultrasound systems are the prominent factors driving the market.
The
increasing prevalence of cardiovascular diseases, liver lesions, renal lesions,
gastrointestinal diseases, and vascular diseases globally is anticipated to
boost the market growth, as these are major areas of clinical application of
Contrast-enhanced Ultrasound (CEUS) systems.
The
presence of several potential benefits in CEUS such as being completely
radiation-free, quick, cost-efficient, and patient-friendly, in comparison to
the contrast-enhanced CT/MRI, is expected to propel the growth of the market.
Increasing
approvals of CEUS by regulatory bodies for new indications are expected to
propel the growth of the market during the forecast period. For instance, the
ultrasound dyes which were originally indicated for cardiac imaging have
received an extension of indication for pediatric and liver imaging in several
countries.
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Contrast Enhanced
Ultrasound Market Report Highlights
- Based on product, the
equipment segment held the largest revenue share in 2019. This can be
attributed to the largest installed base of sonography technology
compatible with CEUS
- The contrast agents segment
is expected to grow at the fastest rate of 4.0% during the forecast period
owing to its approval of usage in the liver and pediatric imaging by
the FDA
- Based on type, the
non-targeted segment held the largest revenue share in 2019 as most of the
commercially available dyes are non-targeted agents
- Numerous clinical trials
conducted to determine the potential of diagnostic and therapeutic
application of targeted imaging dyes in cancer care are expected to drive
the segment during the forecast period
- The hospitals segment held
the largest market share in 2019 owing to the increasing number of
emergency visits with medical conditions such as abdominal pain,
abdominal/thoracic trauma, and cardiac complications
- The clinics segment is
anticipated to witness lucrative growth over the forecast period owing to
the realization of economic and patient care benefits with the adoption of
sonography devices in practice among physicians at primary and secondary
care
- In Asia Pacific, the market
is expected to grow at the fastest rate owing to the limited accessibility
to advanced CT/MRI imaging modalities such as CT and MRI, and the growing
burden of cardiovascular disorders in China and India.
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Contrast Enhanced
Ultrasound Market Segmentation
Grand View Research has segmented
the global contrast-enhanced ultrasound market on the basis of product, type,
end-use, and region:
Contrast Enhanced
Ultrasound Product Outlook (Volume, Units; Revenue, USD Million, 2016 - 2027)
- Equipment
- Contrast Agent
Contrast Enhanced
Ultrasound Type Outlook (Revenue, USD Million, 2016 - 2027)
- Non-targeted
- Targeted
Contrast Enhanced
Ultrasound End-use Outlook (Revenue, USD Million, 2016 - 2027)
- Hospitals
- Clinics
- Ambulatory Diagnostic
Centers
Contrast Enhanced
Ultrasound Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- Thailand
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
List of Key Players
of Contrast Enhanced Ultrasound Market
- Lantheus Medical Imaging,
Inc.
- Bracco Diagnostic Inc.
- General Electric
- Siemens Healthcare GmbH
- nanoPET Pharma GmbH
- ESAOTE SpA
- Shenzhen Mindray Bio-Medical
Electronics Co., Ltd.
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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