DOPPLER ULTRASOUND MARKET ANALYSIS

Regional Analysis

Doppler Ultrasound Market Regional Analysis:-

Asia Pacific region is expected to exhibit significant growth in the global Doppler ultrasound market, due to increase of geriatric population and advancements in technology such as development of portable Doppler ultrasound. According to survey conducted by Ministry of statistics and program implementation in 2016 geriatric population is increasing at the rate of 8.6% out of which more than 50 million are suffering from heart disease. Mindray Medical International Limited is China’s largest medical equipment developer, manufacturer, and also does marketing of a variety of medical equipment both for human and veterinary use. They have a wide range of Doppler ultrasound products like Mindray M6 Ultrasound machine, Mindray Zonare Resona 7 Ultrasound Machine, Mindray DP-20 Portable ultrasound Machine, etc. North America is also expected to exhibit high growth rate in due to new product launches by key players in the region. For instance, in 2014, ZONARE Medical Systems—a U.S.-based company—introduced new feature in its Z3 product. Zonar continues their product Z3 with the introduction of a new advancement Z.ONE PRO. This covers all applications ranging from pediatrics to geriatrics, built on ZONE SONOGRAPHY Technology. Its applications are cardiac, breast, anesthesia, emergency medicine, OB-GYN (Obstetrician-gynecologist), and venous and vascular. According to a study conducted by OECD (The Organization of Economic Corporation and Development) in 2016, prevalence of chronic diseases in U.S. is rising due to changes in lifestyle by 7% and prevalence of dementia in geriatric population is also rising gradually in the country, which is expected to support the Doppler ultrasound market growth in North America.