NEW YORK, Nov. 14, 2016 /PRNewswire/ -- Use this report to:- Analyze the current market dynamics and evaluate the effect of strategic factors such as technology-driven change and industry consolidation of medical ultrasound devices market.- Review the main products in each sector and plan a product entry strategy in line with the strengths and weaknesses of the competition.- Assess future growth opportunities in the medical ultrasound devices market.- Discuss the major stakeholders in each of the regional markets and explain the global drivers, current trends, challenges and regional dynamics of the market. Highlights- The global market for medical ultrasound devices is expected to reach $9.9 billion by 2021 from $7.3 billion in 2016, rising at a compound annual growth rate (CAGR) of 6.4% from 2016 through 2021.- The Asia-Pacific market is the largest regional market for medical ultrasound devices. The market is expected to grow from $2.4 billion in 2016 to $3.7 million in 2021 at a CAGR of 9.5% for the period 2016-2021.- The Latin American market for medical ultrasound devices is expected to grow from $576 million in 2016 to $847 million in 2021 at a CAGR of 8.0% for the period 2016-2021. Introduction & ScopeINTRODUCTIONINTRODUCTION TO THE REPORTDiagnostic ultrasound, also called sonography or diagnostic medical sonography, is a noninvasive imaging method that utilizes high-frequency sound waves to produceimages of structures within your body. The images can provide valuable information for diagnosing and treating a variety of diseases and conditions. Ultrasound is sound that is defined as frequency above 20,000 Hertz (Hz). The frequencies that medical ultrasound transducers produce and use in diagnostic radiology range from 2 MHz to approximately 15 MHz, depending on their application. Medical ultrasound transducers contain more than one operating frequency. The following frequencies are a guide to frequencies typically used for ultrasound examination:- 2.5 MHz: deep abdomen, obstetric and gynecological imaging.- 3.5 MHz: general abdomen, obstetric and gynecological imaging.- 5.0 MHz: vascular, breast, pelvic imaging.- 7.5 MHz: breast, thyroid.- 10.0 MHz: breast, thyroid, superficial veins, superficial masses, musculoskeletal imaging.- 15.0 MHz: superficial structures, musculoskeletal imaging.The application of ultrasound as a diagnostic tool emerged during the 1950s when innovators such as Professor Ian Donald who working in Glasgow, Scotland, pioneeredthe use of ultrasound in monitoring fetal development. Other early advances included the development of B-mode ultrasound imaging and contact scanning by DouglassHowry and others. These technological advances paved the way for the use of ultrasound in a wide variety of clinical applications. Some of the more recent innovations currently available on the market include the use of hand-carried ultrasound units for the anesthesia and emergency wards, the emergence of hand-carried ultrasound (HCU) devices, and technological advances in three-dimensional (3-D) and four-dimensional (4-D) ultrasound imaging, as well as significant improvements in image quality, the use of ultrasound contrast agents to improve sensitivity for the detection of tumors, and the emergence of sonoelastography as a method of measuring tissue stiffness to help diagnose liver fibrosis staging, thyroid nodules, and lymph node and indeterminate breast lump characterization.In addition, new development includes the use of wireless and immediate transmission of ultrasound images using a variety of applications (apps) and dedicated cloud servers. It is anticipated that this trend toward inexpensive, portable and, most importantly, wireless ultrasound imaging is having a major impact on the efficiency of healthservices delivery and global accessibility to ultrasound imaging. SCOPE OF THE REPORTThis BCC Research report focuses on the global market for medical ultrasound devices by geographic region and by market segment and provides an in-depth discussion andan analysis of the clinical applications of ultrasound equipment and a review of new and developing technology platforms. This report also examines companies that are actively developing and marketing medical ultrasound devices around the world. Detailed tables and charts with sales forecasts and market share data are also included.Medical ultrasound devices can be segmented by application/therapeutic area, i.e.:- Radiology/general imaging.- Cardiology.- Obstetrics/gynecology.- Vascular.- Urology.- Breast imaging.- Anesthesiology.- Thyroid imaging.- Other applications (includes hepatology, emergency care and ophthalmics, among others).The ultrasound market is also segmented by technology, i.e.:- Diagnostic ultrasound.- Two-dimensional (2-D) ultrasound.- 3-D and 4-D ultrasound.- Doppler ultrasound.- Therapeutic ultrasound.- High-intensity focused ultrasound (HIFU).- Extracorporeal shockwave lithotripsy. OBJECTIVESThe aim of this report is to initially conduct a review on the ultrasound medical devices currently in use as an imaging modality in a variety of different applications and thenfurther the discussion with a review of some of the latest developments into new and innovative ultrasound devices, their technologies and their intended clinical applications. The key objective was also to conduct and provide an analysis of the market value, growth rates, market shares and market development as well as examining the market dynamics and market factors influencing the growth and development of this market. This report also looks at the challenges and potential threats facing the industry and the factors influencing the market shares of the major market suppliers as well as smaller indigenous manufactures in local markets. The emphasis of this report is to provide the reader with:- A detailed analysis of the revenues and forecasts for the global ultrasound medical device market with a further, more detailed analysis and forecast of the revenues forthe global market subdivided by major market subsegments by geographic region and finally by selected country.- A detailed analysis of the global market share together with a further, more detailed analysis of the market share by geographic regions and finally by selected country.In addition, this analysis provides a:- Detailed review of the current products and product specifications that are available for all the market segments identified.- Profile of the individual market subsegments within the major market segments analyzed and the distinguishing features of each of the market subsegments.- Review of the major market opportunities through the recognition of specific high-growth and emerging market opportunities.- Brief description of the historical development for each of the major market segments.- Profile of the leading suppliers of medical ultrasound devices together with related information about specific products.