Top 3 Emerging Trends Impacting the Global Echocardiography Market from 2017-2021: Technavio

Technavio has published a new report on the global echocardiography market from 2017-2021. (Graphic: Business Wire)

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LONDON--()--Technavio’s latest report on the global echocardiography market provides an analysis on the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

The research study by Technavio on the global echocardiography market for 2017-2021 provides detailed industry analysis based on the product type (cart/trolley based and portable/handheld echocardiography devices), technology (2D, 3D, 4D, 5D and Doppler echocardiography), end-users (hospitals and diagnostic centers), and geography (the Americas, EMEA, and APAC).

An echocardiogram is a type of ultrasound examination, which uses high-pitched sound waves that pass through a device called a transducer. Technavio analysts forecast the global echocardiography market to grow to USD 1,667 million by 2021, at a CAGR of more than 4% over the forecast period.

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The top three emerging trends driving the global echocardiography market according to Technavio healthcare and life sciences research analysts are:

  • Growing demand for handheld or portable echocardiography devices
  • Increased use of automated function imaging (AFI) with echocardiography
  • Emergence of 5D imaging technology expanding echocardiography applications

Growing demand for handheld or portable echocardiography devices

The improved optics, advanced technology, and light weightiness of handheld or portable echocardiography devices are resulting in high demand for these products. These devices also provide the added benefit of being integrated with various databases,” says Barath Palada, a lead analyst at Technavio for medical imaging research.

The information stored in the databases is used for recording deviations, statistical analyses, and generating reports. Compact, wireless, and portable equipment is also available for clinical and research purposes, which is expected to positively impact adoption over the forecast period.

Increased use of automated function imaging (AFI) with echocardiography

AFI is widely used as a clinical decision support tool for evaluating left ventricular function at rest using computerized quantitative assessment to visualize potential wall motion abnormalities. It is also used to differentiate disease from non-disease segments to derive a clear understanding of strain patterns of specific disease types. Vendors are releasing integrated echocardiograms with AFI to provide a cost-effective and accurate tool useful for cancer patients after treatment with chemotherapy, diabetes, and valve diseases.

Emergence of 5D imaging technology expanding echocardiography applications

After the expansion and popularity of 3D and 4D imaging technologies, vendors are developing 5D imaging technologies designed for pediatric and fetal applications. The 5D imaging technology is capable of providing improved and clear images for accurate diagnosis demanded by the segment,” says Barath.

Samsung Electronics has launched the Samsung WS80A with the Elite performance package, which is used in the women’s healthcare sector to streamline exam workflows and provide enhanced image clarity. This high-resolution premium system has enhanced diagnostic capabilities with extended 5D features, including an innovative 5D heart application.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio’s latest report on the global echocardiography market provides an analysis on the most important trends expected to impact the market outlook from 2017-2021.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com