Product Code: ETC062803 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Ultrasound Devices market currently, in 2023, has witnessed an HHI of 1910, Which has increased slightly as compared to the HHI of 1832 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India Ultrasound Devices market is expected to grow significantly during the forecast period 2021-2027. The rising prevalence of diseases such as cancer and cardiovascular conditions, an increase in the number of diagnostic centers, technological advancements in ultrasound imaging techniques, and government initiatives are some of the major factors driving the growth of this market. Moreover, increasing healthcare expenditure has also contributed to a surge in demand for quality medical devices and services. Additionally, emerging economies are witnessing increased investments from existing players due to better economic conditions which further provides impetus to industry growth.
Rising Prevalence Of Diseases: Increasing incidence rate of chronic diseases such as cancer and cardiovascular disorders worldwide is one of the key drivers for global ultrasound devices market demand over the given timeframe. According to World Health Organization (WHO), globally 15 million people suffer from stroke every year out which half die within 6 months due to inadequate diagnosis followed by improper treatment options available at time being. This factor will drive need for timely diagnosis through use ultrasound imaging systems aiding overall industry outlook over coming years. Furthermore, WHO states that around 8 million people died due to cancer in 2018 alone with higher mortality reported among developing countries hence propelling need for early detection technologies across clinical settings enhancing business potentials. Technological Advancements In Ultrasound Imaging Techniques: Technological advancements have enabled high resolution images along with 3D/4D capabilities resulting into accurate diagnosis leading towards positive patient outcomes thus positively impacting overall revenue generation scope across industry participants over foreseeable future. With introduction of improved image processing algorithms such as adaptive speckle reduction filters & Doppler spectral analysis enabling efficient functioning at low cost offering significant benefits throughout complete product life cycle including production cost optimization providing opportunities for vendors operating amid competitive landscape.
High Cost Associated With Advanced Technologies And Equipment Installation : High costs associated with advanced technologies used in ultrasound equipment installation coupled with lack or absence trained professionals may serve as major restraints limiting adoption rates across regions like India hampering business expansion prospects through 2027.. Additionally presence stringent rules & regulations pertaining approvals form regulatory bodies further add up extra burden on manufacturers operating thereby challenging profit margins throughout entire value chain hindering any new entrants intending foray into concerned domain deteriorating overall scenario. Lack Of Awareness Among Patients Regarding Usefulness Of Diagnostic Tests : Low awareness levels regarding significance & usage if diagnostic tests especially among rural population poses challenge before investors particularly while.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Ultrasound Devices Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Ultrasound Devices Market Revenues & Volume, 2020 & 2027F |
3.3 India Ultrasound Devices Market - Industry Life Cycle |
3.4 India Ultrasound Devices Market - Porter's Five Forces |
3.5 India Ultrasound Devices Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 India Ultrasound Devices Market Revenues & Volume Share, By Device Display, 2020 & 2027F |
3.7 India Ultrasound Devices Market Revenues & Volume Share, By Device Portabilty, 2020 & 2027F |
3.8 India Ultrasound Devices Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 India Ultrasound Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Ultrasound Devices Market Trends |
6 India Ultrasound Devices Market, By Types |
6.1 India Ultrasound Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Ultrasound Devices Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 India Ultrasound Devices Market Revenues & Volume, By Diagnostic Ultrasound Systems, 2018 - 2027F |
6.1.4 India Ultrasound Devices Market Revenues & Volume, By Therapeutic Ultrasound Systems, 2018 - 2027F |
6.2 India Ultrasound Devices Market, By Device Display |
6.2.1 Overview and Analysis |
6.2.2 India Ultrasound Devices Market Revenues & Volume, By Color Ultrasound Devices, 2018 - 2027F |
6.2.3 India Ultrasound Devices Market Revenues & Volume, By Black & White (B/W) Ultrasound Devices, 2018 - 2027F |
6.3 India Ultrasound Devices Market, By Device Portabilty |
6.3.1 Overview and Analysis |
6.3.2 India Ultrasound Devices Market Revenues & Volume, By Trolley/Cart-Based Ultrasound Devices, 2018 - 2027F |
6.3.3 India Ultrasound Devices Market Revenues & Volume, By Compact/Handheld Ultrasound Devices, 2018 - 2027F |
6.4 India Ultrasound Devices Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Ultrasound Devices Market Revenues & Volume, By Radiology/General Imaging, 2018 - 2027F |
6.4.3 India Ultrasound Devices Market Revenues & Volume, By Obstetrics/Gynaecology, 2018 - 2027F |
6.4.4 India Ultrasound Devices Market Revenues & Volume, By Cardiology, 2018 - 2027F |
6.4.5 India Ultrasound Devices Market Revenues & Volume, By Urology, 2018 - 2027F |
6.4.6 India Ultrasound Devices Market Revenues & Volume, By Vascular, 2018 - 2027F |
6.4.7 India Ultrasound Devices Market Revenues & Volume, By Others, 2018 - 2027F |
7 India Ultrasound Devices Market Import-Export Trade Statistics |
7.1 India Ultrasound Devices Market Export to Major Countries |
7.2 India Ultrasound Devices Market Imports from Major Countries |
8 India Ultrasound Devices Market Key Performance Indicators |
9 India Ultrasound Devices Market - Opportunity Assessment |
9.1 India Ultrasound Devices Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 India Ultrasound Devices Market Opportunity Assessment, By Device Display, 2020 & 2027F |
9.3 India Ultrasound Devices Market Opportunity Assessment, By Device Portabilty, 2020 & 2027F |
9.4 India Ultrasound Devices Market Opportunity Assessment, By Application, 2020 & 2027F |
10 India Ultrasound Devices Market - Competitive Landscape |
10.1 India Ultrasound Devices Market Revenue Share, By Companies, 2020 |
10.2 India Ultrasound Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |