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Ultrasound companies will highlight three major technology trends this week at European Congress of RadiologyFebruary 28, 2018The 2018 European Congress of Radiology (ECR) kicks off today in Vienna. ECR is one of the leading global events in radiology, and the congress will welcome nearly 27,000 attendees from over 140 countries. Three hundred exhibitors, 50 of which specialize in ultrasound, will display radiology equipment and products, and the largest international companies will host ‘Satellite Symposia’, company-sponsored educational sessions, during the congress. The on-show guide to the congress provides an outline for each Satellite Symposia and shows that ultrasound companies will focus on three technologies during the sessions—fusion imaging, contrast enhanced ultrasound (CEUS), and shearwave elastography. These technologies and their influence on the global ultrasound market are defined and discussed below.
Competitive environment shakeup - What's ahead for ultrasound companies in 2018?January 30, 2018IHS Markit discusses the biggest mergers, acquisitions, and initial public offerings of the year and analyzes the implications for the global ultrasound market.
Three global trends changing the landscape of the medical imaging equipment marketSeptember 20, 2017Growth for x-ray, ultrasound, MRI, and CT equipment will be driven by a variety of unique factors, but several trends will affect future revenues for the entire medical imaging equipment market. Three of these trends—the aging global population, the changing US healthcare culture, and the emergence of healthcare markets in developing nations—are highlighted below and followed by IHS Markit’s advice for capitalizing on these trends.
New Apple iPhone gets juiced-up wirelesslySeptember 13, 2017• Apple finally integrates wireless charging in to the latest iPhone devices • iPhone confirmed to be compatible with Qi standard
Interventional cardiology ultrasound at the forefront of medical imaging innovationAugust 30, 2017Global revenues for interventional cardiology ultrasound equipment were $131 million in 2016 and are forecast to reach $161 million in 2021. Global demographic changes, fears regarding radiation dose, and the increasing accessibility of ultrasound are driving growth for the interventional cardiology market, and interventional cardiology advancements are driving growth for minimally invasive procedures.
Changes in ultrasound customer base are increasing demand for direct manufacturer interactionJuly 24, 2017With many trends influencing the growth of the ultrasound market, it is interesting to analyze the subsequent impact on the sales channels customers use to purchase equipment. As with most medical technology, the underlying factor of shrinking healthcare budgets is shaking up the ultrasound equipment product mix. The focus is on providing the best level of care and reducing high-cost procedures through prevention rather than cure; this is changing the way in which healthcare is provided. Not only are healthcare professionals seeking products that improve the return on investment, but also products that can be used in non-traditional applications; ultrasound equipment is now used by a greater variety of professionals than ever before. This is subsequently affecting the demand for user training and for receiving information directly from manufacturers.
Wireless power beyond mobile phones and charging matsJuly 10, 2017• Latest market analysis shows wireless charging in mobile phones is achieving mainstream adoption. • Laptop market is poised for adoption of integrated solutions; and awaits shipment of the first enabled device from WiTricity/Dell. • Other smaller consumer application markets offer great opportunity for wireless charging adoption, with new products already being announced for 2017. • Uncoupled technologies move closer to entering the wireless charging market.
Analyzing the market drivers and challenges for the adoption of handheld ultrasound systemsJune 14, 2017The growing popularity of quick examinations at the point –of –care is paving the way for the adoption of handheld ultrasound systems. These are portable ultrasound systems designed to be held by the doctor or technician conducting an imaging examination. This product category includes smart devices running mobile applications that operate as functioning ultrasound systems.
Breaking down the winners and losers of the 2016 global ultrasound marketMay 24, 2017Global ultrasound revenues totaled $6.16 billion in 2016 and are forecast to grow at a CAGR of 3.6% from 2016 to 2021. The following table shows the total ultrasound revenues for Europe, Middle East, and Africa (EMEA), the Americas, and Asia Pacific in 2015 and 2016:
A bumpy road ahead for the EMEA ultrasound market – Reflections from ECR 2017March 09, 2017The European Congress of Radiology (ECR) convened in Vienna on March 1–5 2017. ECR provided an opportunity for leaders in the ultrasound industry to meet and discuss the future of the region’s ultrasound market. The EMEA ultrasound market will face several barriers to growth in 2017. The upcoming presidential elections in Germany, France, and the Netherlands are already creating a lull in ultrasound system sales as these large governments prepare for transition. Shrinking budgets in both the public and private sectors are forcing healthcare providers to delay purchases of ultrasound systems, and increased competition from Asian-based manufacturers is causing additional disruption in the market.
LG and Moto lead MWC wireless chargeMarch 06, 20172017 continues to show promise from OEMs when it comes to wireless charging technology, following the launch of the LG G6 and Moto Mod at MWC in Barcelona, in addition to Huawei joining the AirFuel Alliance.
Apple becomes Wireless Power Consortium memberFebruary 13, 2017Apple Inc. became a member of the Wireless Power Consortium. This is the first time Apple have confirmed involvement with any wireless power standard body and points strongly to the expectation that the next iPhone will include wireless charging technology.
Magnetic Resonant and RF Wireless Charging Make Waves at CES 2017January 09, 2017With only one week gone in 2017, it’s tempting to say that more progress has already been made in the world of wireless charging than in the whole of 2016, with the Consumer Electronics Show (CES) in Las Vegas already giving two new product launches from Dell and Energous respectively
Traditional ultrasound still dominates the global market, but non-traditional and point of care sales are trending upJanuary 05, 2017The way in which ultrasound systems are marketed and purchased across the world is changing. Increasingly, and especially in developed markets, ultrasound systems are being designed with a specific clinical application in mind. When ultrasound was first introduced as a medical imaging tool in the mid-20th century, healthcare providers used one system for all clinical applications.
Breast screening and ABUS: an opportunity for radiologists to improve population health metricsDecember 06, 2016The 102nd Scientific Assembly and Annual Meeting of the Radiological Society of North America took place from 27 November to 2 December 2016 in Chicago. On Monday, 28 November, RSNA announced the results of a large study that found no evidence supporting age-based mammography cut-off.
Outpatient growth drives ultrasound equipment volumesNovember 03, 2016The global ultrasound imaging equipment market is estimated to have been worth $6.16 billion in 2015; an increase of 1.2% from 2014. This rate of growth is lower than previously forecast, which is primarily due to the impact of a strong US dollar and other foreign exchange fluctuations, which affected the sales of foreign US subsidiaries. The market also experienced a period of highly competitive pricing which lowered average sales prices (ASP), particularly in Latin America and Europe. For some vendors, this ASP erosion was further exacerbated by the effects of shifting foreign exchange rates. Stronger growth is predicted for 2016 because of new product launches from Carestream, Fukuda Denshi, Hitachi-Aloka, and VisualSonics (Fujifilm SonoSite), and because of increased volumes in point of care and obstetrics applications. On a unit volume basis, shipments were up by 4% over 2014. The results for 2016 are expected to be closer to a 5% increase. Growth in the market through 2020 is being driven by uptake of mid-range and high-end cart-based systems in both emerging and developed markets for use in traditional applications. Uptake will also be bolstered by further development of the use of compact ultrasound systems in point-of-care (POC) applications.
Wireless Power Up 40 Percent In 2016, But Could It Have Been More?October 11, 2016The number of devices enabled with wireless charging will exceed 200 million units a year for the first time in 2016, according to the latest IHS Markit forecast. But with a number of product announcement delays in the last year, does 2016 represent a missed opportunity for wireless power?Subscribers Only
Will artificial intelligence become the brainpower behind medical imaging?July 25, 2016Software solutions have long been an important consideration for purchasers of medical imaging equipment. The initial focus has typically been on software supporting storage and communication of digital images through ‘digital imaging and communications in medicine’ (DICOM) capabilities and ‘picture archiving and communication systems’ (PACS). Widespread adoption of electronic medical records (EMRs) has helped to drive recent developments in software, which have expanded interest in artificial intelligence, image reconstruction algorithms, and computer-aided detection and diagnosis. Ultimately, these systems have the same aim: to recognise clinical problems and abnormalities in digital images to assist diagnosis and improve results.
Computex 2016: Less Quick Charge and More Slow Progress for Wirelessly Charged Laptop PCsJune 08, 2016Despite long-held expectations that new wireless charging-enabled laptop PCs would be announced at the recent Computex 2016 event in Taipei, it seems the wait still continues. Even though there were a number of demonstrations and accessory announcements that instilled hope that products might come later this year no specific announcements of production-ready wirelessly charged laptops were made...
Mercedes takes wireless charging up a gearMay 19, 2016• Mercedes-Benz announces wireless charging enabled vehicle • IHS market prediction attested