The U.S. ultrasound market climbed to a record high of $1.33 billion in sales 2006.
While product revenues increased 5% last year, according to a report from Klein Biomedical Consultants of New York City, it was accompanied by a 23% decline in upgrades that reduced the overall market growth to 3%.
For the first time ever, the cardiology ultrasound market segment surpassed total radiology ultrasound revenues, including upgrades, in 2006.
Klein also said that the leader in the overall market, including revenues from upgrades, was Philips Medical Systems of Andover, MA, followed by Chalfont St. Giles, U.K.-based GE Healthcare; Siemens Medical Solutions of Malvern, PA; and SonoSite of Bothell, WA.
In product revenues alone, GE was the market leader, with Philips in second place. The Philips' iE33 echocardiography system became the top-selling product in the U.S. market in 2006, the report stated.
Klein estimated sales in the global ultrasound market at $4.1 billion in 2006, compared with $3.9 billion in 2005, excluding upgrades and service revenues in both years. Worldwide ultrasound market leaders were, in order, GE, Philips, Siemens, and Toshiba Medical Systems of Japan.
By AuntMinnie.com staff writers
May 22, 2007
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Worldwide ultrasound market will reach $4.5 billion, October 25, 2006
Klein report says Siemens tops in U.S. radiology ultrasound sales, July 17, 2006
Klein report names Siemens number one ultrasound firm, June 6, 2006
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