GE Healthcare (A subsidiary of GENERAL ELECTRIC), Koninklijke Philips N.V. and CANON MEDICAL SYSTEMS CORPORATION (A subsidiary of Canon Inc.) are Dominating the Global Ultrasound Imaging Devices Market in 2019

Global Ultrasound Imaging Devices Market is expected to grow with the CAGR of 6.1% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global ultrasound imaging devices market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.    

The major players dealing in global ultrasound imaging devices market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement into the market. This helped companies to maximize the sales with enhanced product portfolio. For instance, in April 2019, CHISON launched its ultrasound device with AI capabilities named SonoAI of the Matrix series and with showcasing of a wide variety of high-end intelligent color doppler ultrasound with artificial intelligence at ECR 2019 in Australia. This new product launch increased the product portfolio of CHISON along with its increased market demand and increased sales in future.

GE Healthcare (A subsidiary of GENERAL ELECTRIC) is the dominating player in global ultrasound imaging devices market. The other key players existing in the market includes Hitachi, Ltd., Trivitron Healthcare, Hologic Inc., Siemens Healthcare GmbH, ESAOTE SPA, ALPINION MEDICAL SYSTEMS Co., Ltd, FUJIFILM Corporation (A Subsidiary of Fujifilm Holdings Corporation), FUKUDA DENSHI, Koninklijke Philips N.V., EDAN Instruments, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Shimadzu Medical Systems USA Northwest Branch (A subsidiary of Shimadzu Corporation), CANON MEDICAL SYSTEMS CORPORATION (A subsidiary of Canon Inc.), CHISON, Mobisante, SonoScape Medical Corp., SAMSUNGHEALTHCARE (A subsidiary of SAMSUNG ELECTRONICS CO., LTD.).

GE Healthcare (A Subsidiary of GENERAL ELECTRIC):

GE Healthcare (A Subsidiary of GENERAL ELECTRIC) mainly focuses in the pursuit of precision health along with improved outcomes for healthcare providers and for therapy innovators around the world. The company deals in various business segments such as healthcare systems and life sciences in which healthcare systems is the market focused segment. The company is providing products under mentioned categories such as accessories and supplies, advanced visualization, anesthesia delivery, bone and metabolic health, computed tomography, contrast media, diagnostic ECG, edison, EP recording, goldseal - refurbished systems, healthcare IT, interoperability, interventional image guided systems, invasive cardiology, magnetic resonance imaging, mammography, maternal infant care, molecular imaging, nuclear imaging agents, patient monitoring, radiography, surgical imaging, ultrasound, ventilators and virtual care solutions. The market focused products lie under ultrasound product category. The company is engaged in continuous development of ultrasound imaging devices.   

For instance,

  • In January 2018, GE Healthcare launched Versana Essential1, an easy to use ultrasound system having use in obstetrics and gynecology domain. This product launch of GE Healthcare increased its product portfolio and demand in the market.

The company has its wide presence across Asia-Pacific, Europe, Middle East and Africa, North America and South America. The company has various subsidiaries such as Biacore (Sweden), GE Healthcare Dharmacon, Inc. (U.S.), Nihon Medi-Physics Co.,Ltd. (Japan), Medi-Physics, Inc. (U.S.), Hyclone Laboratories Inc (U.S.), Biosafe SA (Switzerland), ONI Medical Systems (U.S.) and Wipro GE Healthcare Pvt. Ltd. (India) among others.

Koninklijke Philips N.V.:

Koninklijke Philips N.V. headquartered in Amsterdam, The Netherlands was founded in 1891. The company is engaged in offering diagnostic imaging, patient monitoring, image-guided therapy and health informatics and also solutions in consumer health and home care. The company has multiple business segments such as diagnosis & treatment, personal health, connected care & other, in which diagnosis & treatment is the market focused segment. The company is providing products under categories such as for professionals and for consumers. The market focused products lie under for professionals’ product category. The company is engaged in continuous development of ultrasound imaging devices.   

For instance,

  • In June 2019, Koninklijke Philips N.V. extended its cardiovascular ultrasound product portfolio by launching two new advanced automation capabilities on its EPIQ CVx and EPIQ CVxi cardiac ultrasound systems. The increased product portfolio of cardiovascular ultrasound by Koninklijke Philips N.V. increased its credibility in cardiology domain with increased demand in the market for its product.

The company has its wide presence across Europe, North America, South America, Asia-Pacific and Middle East and Africa. The company also has various subsidiary companies such as Philips GmbH (Germany), Philips Consumer Lifestyle B.V. (The Netherlands), Philips Medical Systems

Nederland B.V. (The Netherlands), Philips Ultrasound, Inc. (U.S.), Philips Oral Healthcare, LLC (U.S.) among others.

CANON MEDICAL SYSTEMS CORPORATION (A Subsidiary of Canon Inc.):

CANON MEDICAL SYSTEMS CORPORATION (A subsidiary of Canon Inc.) was founded in 1930. The company is focused on delivering optimum health opportunities for patients through uncompromised performance, comfort and safety features via offering a full range of diagnostic medical imaging solutions including CT, MR, X-Ray, ultrasound and healthcare informatics across the globe. The company is engaged in providing products under categories such as angiography, computed tomography, magnetic resonance, ultrasound, x-ray, nuclear medicine, healthcare imaging informatics and RF amplifier components among which ultrasound is the market focused category. The company has initiated many strategic initiatives to expand its market.

For instance

  • In November 2018, CANON MEDICAL SYSTEMS CORPORATION undergone an agreement with Ichiban S.A. de Inversión to transfer the assets related to the distributor business of GRIENSU S.A. to Canon Medical Systems Argentina S.A. (CMSAR). This acquisition and addition of new subsidiary in Argentina by CANON MEDICAL SYSTEMS CORPORATION increased its credibility in the market thereby increased demand for its product.

The company has its wide presence across Europe, North America, South America, Middle East & Africa, Asia and Oceanic. The company has various subsidiary companies such as Canon Medical Systems USA, Inc. (U.S.), Canon Medical Systems Canada Limited (Canada), Canon Medical Systems Do Brasil Ltda. (Brazil), Canon Medical Systems (China) Co., Ltd. (China) and Canon Medical Systems Korea Co., Ltd. (Korea) among others.