European Ultrasound Markets Embrace New Technologies

LONDON--(BUSINESS WIRE)--Advancements in obstetrics and gynaecology ultrasound, hand-carried ultrasound as well as other smaller market segments such as urology and surgical ultrasound are driving the European ultrasound market.

New analysis from Frost & Sullivan (http://www.medicalimaging.frost.com), European Markets for Ultrasound, finds that the market was worth $0.9 billion in 2007 and estimates this to reach $1.4 billion in 2014.

“Increased demand from private practitioners as well as the growing number of breast and prostate ultrasound procedures will boost market growth,” notes Frost & Sullivan Research Analyst Krishanu Bhattacharjee. “With the use of hand-carried ultrasound units for the anaesthesia and emergency wards, the European market for ultrasound is set to experience sustained growth.”

With revolutionary advances in technology, particularly in the form of miniaturisation of transducer probes, elastography as well as 3D and 4D imaging, the market is poised to grow at a steady rate in the coming years.

source: Business Wire