Market Reports center has added new Research Report – Global Intravascular Ultrasound Market 2016-2020
Report recognizes the following companies as the key players in the global intravascular ultrasound market: Philips Volcano, Boston Scientific, GE Healthcare, and Siemens Healthineers.
Other prominent vendors in the market are: Avinger, Hitachi Aloka Medical America, Infraredx, Medtronic, Samsung Medison, Silicon Valley Medical Instruments, and St. Jude Medical.
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Commenting on the report, an analyst from our team said: “One of latest trends in the market is wireless technology will propel market growth. Intravascular ultrasound devices incorporate wireless features such as Bluetooth and nearfield communication to deliver sophisticated connectivity between the individual and the physician. These advances can help individuals to remotely send the results of scans to the patients from the clinic to reduce the turn-around-time. Many researchers are engaged in developing next-generation portable ultrasound devices that can be integrated with smartphones. The MobiUS SP1 System, launched by MobiSante not only provides imaging at point-of-care (POC) via smartphones but is affordable and user-friendly. Unfortunately, there are no such devices for intravascular ultrasound in the market, but are expected to enter the market during the forecast period.”
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According to the report, one of the primary drivers in the market is advances in semiconductor technology develop efficient power saving intravascular ultrasound device. Semiconductor manufacturers are making efforts to develop efficient, innovative designs that consume less power. New semiconductor technology will develop the next generation medical devices. High power consumption is a major concern for many major hospitals as they require huge number of medical devices that need power 24/7. To meet the needs of the healthcare providers, many vendors are collaborating with semiconductor companies and focusing on developing such devices that are efficient, easy to handle and require less power.
Further, the report states that one major challenge in the market is growth of used and refurbished products hinder market growth. Used and refurbished portable ultrasound systems are available at a lower cost than the new ones. In addition, many of these devices come with vendor warranties. Further, customers from developing countries have low awareness about refurbishment process and purchasing power. Refurbished devices thus allow them to access the latest technology at a significantly lower price. In addition, many end-users prefer buying products from local vendors because doing so allows them to access better after-sale services.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://marketreportscenter.com/reports/455974/global-intravascular-ultrasound-market-2016-2020
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