Monday, February 9, 2009

Ultrasound Market Presents Opportunities for Growth Despite Recession

Despite the current economic downturn, the third edition of InMedica’s report on the global ultrasound market predicts that worldwide revenues will continue to experience robust growth and exceed $6 billion by 2012. The flexibility, ease of use and relatively low cost of ultrasound equipment has ensured continued growth in the market despite the current economic conditions. Moreover, the trend to miniaturization and the quick adoption of hand-carried ultrasound equipment is fueling growth.

“There is an increasing confidence in hand-carried systems globally. Previously the adoption of these systems was much quicker in North America and Western Europe but other regions of the world such as Eastern Europe, Latin America and parts of the Asia Pacific, are beginning to show significant interest in this equipment. The demand is coming from traditional applications, such as OB / GYN, and increasingly from point-of-care applications” reported Diane Wilkinson, Market Research Analyst at InMedica.

source: InMedica

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