The diagnostic and therapeutic ultrasound segments consist of highly advanced technologies used for imaging and treating a variety of medical conditions.

Dallas, TX -- (ReleaseWire) -- 01/27/2014 --The “Medical Diagnostic & Therapeutic Ultrasound Devices Market (2012 - 2017) - Global Trends & Competitive Analysis” report, analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, APAC, and Rest of the World.

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The 2011 global market is estimated to be at $5.6 billion and is predicted to grow at a CAGR of 6.2% to reach $8.1 billion by 2017. The cart-based systems command the largest share of the ultrasound systems and are predicted to remain so for the coming decade. The most significant growth for the specialties segment was seen in emergency medicine, anesthesiology and musculoskeletal applications. The demand for point-of-care diagnostics has driven the market for the last 5 years and is expected to be a prime driver for the forecast period.

Although the current ultrasound market is dominated by 2D ultrasound, the 3D & 4D ultrasound market is highly technologically driven, competitive and poised to become significant in size. The global market is driven by increasing application areas in oncology, cardiology and emergency medicine. The diagnostic market accounts for a much larger share as its technology is more mature than newly developed technologies such as High Intensity Focused Ultrasound (HIFU).

The global diagnostic ultrasound devices market is led by key market players such as GE Healthcare (U.K.), Philips Healthcare (The Netherlands), Siemens Healthcare (Germany), Esaote Group (Italy), Toshiba Medical Systems Corporation (Japan), HITACHI-Aloka Medical Corporation (Japan), SonoSite, Inc. (U.S.), Misonix, Inc. (U.S.), Ultrasonix Medical Corporation (Canada), Zonare Medical Systems (U.S.), and other players such as Mindray Medical (China), Terason Corporation (U.S.), Verathon, Inc. (Canada), Supersonic Imagine (France), Analogic Corporation (U.S.), and TomTec Imaging Systems GMBH (Germany)

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