The compact ultrasound market will exceed $1 billion in worldwide revenues by 2011, according to a report from ultrasound research and consulting firm Klein Biomedical Consultants of New York City.
The segment is the fastest growing in the ultrasound market, which now exceeds $4 billion worldwide, said president Harvey Klein, Ph.D. The compact US market grew 41% to reach $198 million in 2006, while international markets also grew 41% to generate $199 million in revenues. In comparison, revenues for all ultrasound segments increased 6% last year, according to Klein.
Traditional ultrasound markets such as radiology, cardiology, ob/gyn, and surgery represent the largest markets for compact US systems, Klein said. In addition, other emerging markets such as emergency medicine and anesthesiology are expanding their use of the imaging modality, according to Klein.
By 2009, the compact US market will be led by GE Healthcare, SonoSite, and Zonare Medical Systems, Klein said.
By AuntMinnie.com staff writers
February 7, 2007
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U.S. ultrasound market hits $1.23 billion, August 10, 2004
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