Teleultrasound Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026


Transparency Market Research

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According to the World Health Organization, telemedicine is the delivery of health care services, where distance is a critical factor. Teleultrasound systems offer technicians and doctors innovative capabilities to collaborate with primary care physicians and other health care professionals for improved patient care. These highly secure systems, which offer the ability to capture both images and video and accompanying audio, are the ideal solution for real-time sharing and collaboration of live, true, high-definition images. A lack of qualified technicians and doctors has led to the development of a new type of telemedicine device, the teleultrasound system. It allows ultrasound examinations to be performed remotely. Teleultrasound has changed over the past decade with regard to technology.

The global teleultrasound systems market is expected to expand substantially during the forecast period, due to a lack of skilled technicians and doctors in remote areas of developing and third world countries. Furthermore, the use of these systems in emergency medicine to address patients immediately within an hour of trauma fuels the growth of the teleultrasound systemsmarket. However, poor image quality and a lag in image transfer are some drawbacks of teleultrasound systems that may slightly hinder market growth.

The global teleultrasound systems market can be segmented based on method, end-user, and geography. Based on method, the global teleultrasound systems market can be classified into traditional teleultrasound and real-time teleultrasound. In terms of end- user, the global teleultrasound systems market can be categorized into hospitals & clinics, emergency & ambulatory service providers, and others. Teleultrasound systems address the need for emergency medical care, especially in remote areas where hospitals are not easily accessible.. They ensure easy access to consultations without the risk of travelling large distances.

 Based on geography, the teleultrasound systems market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Each region is sub-segmented into countries such as the U.S., Canada, the U.K., Germany, Brazil, China, India, and GCC countries. North America dominated the global teleultrasound systems market because of a growing geriatric population and increase in demand for advanced medical technology in the U.S.. Asia Pacific is anticipated to be a highly attractive region of the teleultrasound systems market during the forecast period due to a rise in health care awareness.

Key players operating in the global teleultrasound systems market are Philips Healthcare, Remote Medical Technologies, Shenzhen ROBO Medical Technology Co., Ltd, T-MedRobotics, AdEchoTech, Robo Medical, and Zycorlabs. In order to gain competitive advantage in the industry, major players are actively involved in various growth strategies. Collaborations, partnerships, agreements, and new product launches are some of the important strategies adopted by market players. Philips recently launched its teleultrasound system, Lumify, in March 2018. Lumify is designed to work with compatible smart devices. The product was developed through a collaboration with Innovative Imaging Technologies. Advancements in technology and the launch of new devices are likely to drive the market in the near future. Some other products in the teleultrasound systems market include iMedHD2 by Remote Medical Technologies and portable 3D ultrasound by Zycorlabs.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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