Press Release

Canada Ultrasound System Market to be Dominated by Diagnostic Ultrasound through 2028

The increasing prevalence of chronic diseases is expected to drive the growth of the Canada ultrasound system market during the forecast period.


According to TechSci Research report, “Canada Ultrasound System Market - By Region, Competition, Forecast, and Opportunities, 2018-2028”, the Canada ultrasound system market is anticipated to grow at an impressive rate during the forecast periodThis can be ascribed to the growing demand for high frequency sound waves for taking images of anatomical structures and recent advancements in this technology along with the introduction of innovative equipment across the region. Similarly, growing focus toward improving condition on healthcare facilities and rising number of partnerships and strategic collaborations between the public and private players pertaining to funding and application of new and improved technology will further propel the growth of the Canada ultrasound system market over the years. Additionally, rising government initiatives to increase awareness about the importance of early diagnosis will escalate the growth of the Canada ultrasound system market in coming years. Besides, ongoing technological advancements in the field of diagnostic and therapeutic ultrasound imaging will further support the Canada ultrasound system market during the forecast period.

However, the high cost of ultrasound systems is a major challenge for healthcare providers in Canada. Many healthcare facilities may not have the financial resources to invest in advanced ultrasound systems, which can hamper the growth of the Canada ultrasound system market during the forecast period. Similarly, the effective use of ultrasound systems requires highly trained operators. However, there is a shortage of qualified ultrasound technologists in Canada which may hamper the growth of the market during the forecast period. Also, ultrasound systems in Canada are subject to regulatory requirements and standards, which can increase the time and cost of bringing new products to market and can further restrict the growth of the Canada ultrasound system market during the forecast period.


Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Canada Ultrasound System Market.”


The Canada ultrasound system market can be segmented into technology, display type, mobility, application, end user, and by region.

Based on technology, the Canada ultrasound system market can be divided into diagnostic ultrasound and therapeutic ultrasound. The diagnostic ultrasound segment dominated the Canada ultrasound system market in 2022 and is expected to continue maintaining its dominance during the forecast period. This can be ascribed to a wide range of applications in obstetrics, cardiology, and oncology, along with the growing prevalence of different lifestyle disorders and technological advancements, such as miniaturized 2D and 3D/4D ultrasound systems.

Based on application, the Canada ultrasound system market can be segmented into general imaging, obstetrics/gynecology, cardiology, urology, orthopedic & musculoskeletal, and others. The cardiology segment is expected to dominate the Canada ultrasound system market during the forecast period due to the increasing prevalence of cardiovascular diseases across the region and advances in ultrasound technology for cardiac applications, along with the growing demand for advance systems for helping cardiology departments and provide better care to more patients while improving efficiency and throughput.


Major companies operating in the Canada ultrasound system market are:

  • GE Healthcare Canada Inc
  • Philips Canada Ltd.
  • Siemens Healthcare Diagnostics Ltd/Canada
  • FUJIFILM Canada Inc
  • Hologic Inc
  • Carestream Health Canada Co
  • Analogic Canada Corp


In April 2021, Ventripoint Diagnostics Ltd, a Canada-based company entered into a collaboration with GE Healthcare where Ventripoint has been added as an innovator under GE Healthcare’s Edison Developer Program, which helps healthcare providers gain access to market-ready applications.

In March 2021, FUJIFILM Sonosite, Inc., specialists in developing cutting-edge point-of-care ultrasound (POCUS) solutions, and part of the larger Fujifilm Healthcare portfolio, launched the new Sonosite PX ultrasound system in Canada.


Download Free Sample Report

Customers can also request for 10% free customization on this report.


“The Canada ultrasound system market is expected to grow during the forecast period due to the presence of a significant competitors in the region along with the growing number of chronic diseases such as cancers and the increasing adoption of advance technology across the region. Similarly, the growing demand for better imaging systems and market players are adopting different strategies to mark their presence in the region. Such factors are expected to drive the growth of the Canada ultrasound system market during the forecast period. Also, high expenditure on research and development and the launch of new ultrasound devices in the region will further propel the growth of the Canada ultrasound system market during the forecast period. Furthermore, higher sale volume of ultrasound devices and well-established healthcare infrastructure in the region is a major factor influencing the growth of the Canada ultrasound system market over the years. Besides, growing investments by the government for the development of healthcare systems is expected to drive the growth of the Canada ultrasound system market during the forecast period,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Canada Ultrasound System Market – By Technology (Diagnostic Ultrasound, Therapeutic Ultrasound), By Display Type (Black & White, Colored), By Mobility (Fixed, Mobile), By Application (General Imaging, Obstetrics/Gynecology, Cardiology, Urology, Orthopedic & Musculoskeletal, and Others), By End User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, and Others) and By Region, Competition, Forecast, and Opportunities”, has evaluated the future growth potential of the Canada ultrasound system market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Canada ultrasound system market.

 

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email:
 [email protected]
Website: 
https://www.techsciresearch.com

Relevant News