Recent developments in technology are helping to drive the Indian ultrasound market, according to a report from market research firm Frost & Sullivan.
Expanding clinical applications for the imaging modality are expected to increase the market by 15% between 2009 and 2016, with the Indian ultrasound market valued at $109.1 million two years ago. Color Doppler remains the largest segment with 13% revenue growth.
The Indian healthcare market overall is showing positive growth due to a burgeoning population, a strong economy, and the government's efforts to decrease maternal and infant mortality rates, according to the report.
There is also a rise in demand for ultrasound machines designed for specialties such as cardiology and radiology, and for portable color ultrasound systems.