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Pediatric Ultrasound Market for Cardiology by Age Group [Newborns (Aged 0-4 Weeks), Infants (Aged 4 Weeks to 1 Year), Toddlers (Aged 1-3 Years), Preschoolers (Aged 4-6 Years), School-Aged Children (Aged 6-13 Years), and Adolescents (Aged 13-19 Years)] - Global Opportunity Analysis and Industry Forecast, 2014-2022

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Pages: 126
Sep 2016 | 1785 Views
 
Author's : Deepa Tatkare
Tables: 32
Charts: 70
 

Pediatric Ultrasound Market Overview:

The pediatric ultrasound market size for cardiology is estimated to grow to $332 million by 2022, from 2015 market value of $252 million, growing at a CAGR of 4% during 2016 to 2022. Pediatric ultrasound for cardiology, also known as echocardiograph, is done for attaining a complete view of congenital and acquired heart diseases in children. Echocardiographic evaluation gives detailed information of numerous lesions present in the pediatric heart. Ultrasound waves or sound waves are used to develop different images of heart, and a Doppler test is done to measure the speed and direction of blood flow. These two tests are combined and used by the pediatric cardiologist or pediatric sonographer to learn aspects regarding the functioning of the heart and its anatomy. Echocardiography is the most common test used in children to diagnose or rule out heart disease, and also to follow children who have already been diagnosed with a heart problem. This test can be performed on children of all ages, including fetuses and newborns to adolescents. The global pediatric ultrasound market for cardiology is a growing industry, mainly due to the large number of technological advancements (such as 3D & 4D imaging) in ultrasound systems, increased prevalence and incidence rate of cardiac diseases in children, and rise in awareness for early disease diagnosis. Conversely, dearth of skilled and experienced sonographers worldwide is a major factor restraining the pediatric ultrasound market growth.

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The global pediatric ultrasound market for cardiology is segmented based on age group and region. Based on geography, pediatric ultrasound market for cardiology is studied with respect to four major regions, namely, North America (including U.S., Canada, and Mexico), Europe (including Germany, France, U.K. and Rest of Europe), Asia-Pacific (including Japan, China, India, and Rest of Asia-Pacific), and LAMEA (including Latin America, Middle East, and Africa). The report includes revenue generated from the sales of the aforementioned ultrasound devices. This study excludes revenue generated from post-sale services of the devices (after the expiration of contracts).

Segment Review:

Echocardiography is the most common test utilized to diagnose cardiac diseases, and also to follow children diagnosed with cardiac problem. Among all age groups, the adolescents (1319 years) group is the major segment, and is expected to exhibit the highest CAGR during the forecast period. This growth is mainly due to inactive lifestyle and obesity that leads to different acquired heart diseases in adolescents, which results into high use of echocardiogram.

Geographical Market Snapshot:

Geographically, Asia-Pacific region generated maximum revenue in 2015, and is also estimated to be the fastest growing region during the forecast period. The pediatric ultrasound market growth in this region is supplemented by the rise in healthcare reforms, high prevalence of pediatric cardiac diseases, and presence of high unmet needs, especially in countries, such as India and China. Moreover, Europe is expected to be the second largest region. The pediatric ultrasound market has gained its maturity in this region due to the wide adoption of ultrasound devices for pediatric cardiology; however, introduction of technologically advanced devices has enhanced the pediatric ultrasound market share in recent times.  

Industry Participants from Demand Side

Experts Perspective:

In accordance to several interviews conducted, the utilization of ultrasound devices for cardiology in pediatrics is expected to witness a significant rise with increase in the diagnosis of congenital and acquired heart diseases. The global ultrasound market for pediatric cardiology has piqued the interest of healthcare providers. This interest is because of several benefits offered by these devices. The benefits include the diagnosis and treatment of clinical disorders related to heart, coupled with the evolving indications for pediatric cardiology. There have been remarkable technological advancements in cardiac ultrasound devices, to provide advanced treatment options for patients with heart disease.

Rising incidents of chronic heart diseases in children, technological advancements, and increase in the emphasis on early prevention are some of the major factors that drive the pediatric ultrasound market trends. However, dearth of experienced sonographers and technological limitations of ultrasound to scan obese patients will hamper the pediatric ultrasound market growth. According to the experts, approximately one out of every four newborns undergoes an ultrasound examination for the confirmation of proper functioning of heart. In adolescents, abnormal heart rhythms, infectious endocarditis are frequently seen. The cause is mainly an inactive lifestyle, bad food habits, and stress. In addition, emerging markets have high unmet needs hence manufacturers and distributors are gaining more importance in these nations. A rapid growth was observed in the shipments of these devices to provide improved healthcare services in emerging nations. This is expected to offset the challenging conditions in mature markets, such as North America and Europe.

The key players profiled in this report are General Electric Company, Koninklijke Philips N.V., Siemens AG, Samsung Medison Co. Ltd., Analogic Corporation, Esaote SpA, Fujifilm Corporation, Hitachi, Ltd., Mindray Medical International Limited, Samsung Medison Co. Ltd., and Toshiba Corporation.

Key Benefits

  • The study provides an in-depth analysis of the global pediatric cardiology ultrasound market, with current trends and future estimations to elucidate the imminent investment pockets.
  • Comprehensive analysis of factors that drive and restrict the market growth is provided.
  • The report provides a quantitative analysis from 2014 to 2022, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
  • Comprehensive analysis of all geographic regions is provided to assist in determining the prevailing opportunities in these geographies.
  • Exhaustive analysis of the market by age group facilitates in understanding the use of types of ultrasound probes and transducers for different age groups that are currently used, along with the variants that would gain prominence in the future.

Pediatric Ultrasound Market Key Segment:

The global pediatric ultrasound market for cardiology is segmented as follows

By Age Group

  • Newborns (aged 04 weeks)
  • Infants (aged 4 weeks to 1 year)
  • Toddlers (aged 13 years)
  • Preschoolers (aged 46 years)
  • School-aged Children (aged 613 years)
  • Adolescents (aged 1319 years)

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Rest of Europe
  • Asia Pacific
    • Japan
    • India
    • China
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1 INTRODUCTION

1.1 Report description
1.1 Key benefits
1.2 Key market segment
1.3 Research methodology

1.3.1 Secondary research
1.3.2 Primary research
1.3.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top investment pockets
3.2.2 Top winning strategies

3.3 Porter’s five forces analysis

3.3.1 Bargaining power of suppliers (Moderate)
3.3.2 Bargaining power of buyers (Low-to-Moderate)
3.3.3 Threat of new entrants (Low-to-Moderate)
3.3.4 Competitive rivalry (High)
3.3.5 Threat of substitutes (High-to-Moderate)

3.4 Market dynamics

3.4.1 Drivers

3.4.1.1 Technological advancements in ultrasound devices
3.4.1.2 Rising prevalence of pediatric chronic heart diseases
3.4.1.3 Increased conciousness about diagnosis of Cardiovascular diseases in children
3.4.1.4 Low threat of exposure to ionizing radiations

3.4.2 Restraints

3.4.2.1 Dearth of Skilled and dedicated pediatric Sonographers
3.4.2.2 Limitations of ultrasound imaging

3.4.3 Opportunities

3.4.3.1 investment in Emerging technologies
3.4.3.2 opportunities in Emerging countries

3.5 Key player positioning, 2015
3.6 Industry trends

3.6.1 Increasing technological innovations
3.6.2 Increasing adoption of automated ultrasound devices
3.6.3 IT-integrated pediatric ultrasound devices

Chapter: 4 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, BY AGE GROUP

4.1 Overview

4.1.1 Market size and forecast
4.1.2 Newborns (0-4 weeks)

4.1.2.1 Market size and forecast

4.1.3 Infants (4 weeks-1 year)

4.1.3.1 Market size and forecast

4.1.4 Toddlers (1-3 years)

4.1.4.1 Market size and forecast

4.1.5 Preschoolers (4-6 years)

4.1.5.1 Market size and forecast

4.1.6 School-aged children (6-13 years)

4.1.6.1 Market size and forecast

4.1.7 Adolescents (13-19 years)

4.1.7.1 Market size and forecast

Chapter: 5 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, BY GEOGRAPHY, 2015-2022

5.1 Overview

5.1.1 Market size and forecast

5.2 North America

5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast
5.2.4 U.S.

5.2.4.1 Market size and forecast

5.2.5 Canada

5.2.5.1 Market size and forecast

5.2.6 Mexico

5.2.6.1 Market size and forecast

5.3 Europe

5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast
5.3.4 Germany

5.3.4.1 Market size and forecast

5.3.5 France

5.3.5.1 Market size and forecast

5.3.6 U.K.

5.3.6.1 Market size and forecast

5.3.7 Rest of Europe

5.3.7.1 Market size and forecast

5.4 Asia Pacific

5.4.1 Key market trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast
5.4.4 Japan

5.4.4.1 Market size and forecast

5.4.5 India

5.4.5.1 Market size and forecast

5.4.6 China

5.4.6.1 Market size and forecast

5.4.7 Rest of Asia-Pacific

5.4.7.1 Market size and forecast

5.5 LAMEA

5.5.1 Key market trends
5.5.2 Key growth factors and opportunities
5.5.3 Market size and forecast
5.5.4 Latin America

5.5.4.1 Market size and forecast

5.5.5 Middle East

5.5.5.1 Market size and forecast

5.5.6 Africa

5.5.6.1 Market size and forecast

Chapter: 6 COMPANY PROFILES

6.1 Analogic Corporation

6.1.1 Company Overview
6.1.2 Company Snapshot
6.1.3 Operating Business Segments
6.1.4 Business Performance
6.1.5 Key Strategic Moves & Developments
6.1.6 SWOT Analysis

6.2 Esaote SpA

6.2.1 Company Overview
6.2.2 Operating Business Segments
6.2.3 Key Strategic Moves & Developments
6.2.4 SWOT Analysis

6.3 Fujifilm Corporation

6.3.1 Company Overview
6.3.2 Operating Business Segments
6.3.3 Business Performance
6.3.4 Key Strategic Moves & Developments
6.3.5 SWOT Analysis

6.4 General Electric Company

6.4.1 Company Overview
6.4.2 Company Snapshot
6.4.3 Operating Business Segments
6.4.4 Business Performance
6.4.5 Strategic Moves & Developments
6.4.6 SWOT Analysis

6.5 Hitachi, Ltd.

6.5.1 Company Overview
6.5.2 Company Snapshot
6.5.3 Operating Business Segments
6.5.4 Business Performance
6.5.5 Strategic Moves & Developments
6.5.6 SWOT Analysis

6.6 Koninklijke Philips N.V.

6.6.1 Company Overview
6.6.2 Company Snapshot
6.6.3 Operating Business Segments
6.6.4 Business Performance
6.6.5 Key Strategic Moves & Developments
6.6.6 SWOT Analysis

6.7 Mindray Medical International Limited

6.7.1 Company overview
6.7.2 Operating Business Segments
6.7.3 Business Performance
6.7.4 Key Strategic Moves & Developments
6.7.5 SWOT Analysis

6.8 Samsung Medison Co. Ltd. (a subsidiary of Samsung Electronics Co. Ltd.)

6.8.1 Company Overview
6.8.2 Operating Business Segments
6.8.3 Business Performance
6.8.4 Key Strategic Moves & Developments
6.8.5 SWOT Analysis

6.9 Siemens AG

6.9.1 Company Overview
6.9.2 Operating Business Segments
6.9.3 Business Performance
6.9.4 Key Strategic Moves & Developments
6.9.5 SWOT Analysis

6.10 Toshiba Corporation

6.10.1 Company Overview
6.10.2 Company Snapshot
6.10.3 Operating Business Segments
6.10.4 Business Performance
6.10.5 Strategic Moves & Developments
6.10.6 SWOT Analysis

List of Figures

FIG. 1 RESEARCH METHODOLOGY: TOP-DOWN APPROACH
FIG. 2 DATA TRIANGULATION METHODOLOGY
FIG. 3 PRIMARY AND SECONDARY RESEARCH
FIG. 4 INDUSTRY PARTICIPANTS FROM SUPPLY SIDE
FIG. 5 INDUSTRY PARTICIPANTS FROM DEMAND SIDE
FIG. 6 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, BY AGE GROUP, 2015 VS 2022, ($MILLION)
FIG. 7 TOP INVESTMENT POCKETS IN WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY
FIG. 8 TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION, (2013 - 2016)
FIG. 9 TOP WINNING STRATEGIES: NATURE AND TYPE
FIG. 10 PORTER’S FIVE FORCES ANALYSIS
FIG. 11 KEY PLAYER POSITIONING, 2015
FIG. 12 U.S.: CONGENITAL HEART DEFECT STATISTICS
FIG. 13 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN NEWBORNS SEGMENT, 2014-2022 ($MILLION)
FIG. 14 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN INFANTS SEGMENT, 2014-2022 ($MILLION)
FIG. 15 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN TODDLERS SEGMENT, 2014-2022 ($MILLION)
FIG. 16 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN PRESCHOOLERS SEGMENT, 2014-2022 ($MILLION)
FIG. 17 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN SCHOOL-AGED CHILDREN SEGMENT, 2014-2022 ($MILLION)
FIG. 18 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN ADOLESCENTS SEGMENT, 2014-2022 ($MILLION)
FIG. 19 U.S. ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 20 CANADA ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 21 MEXICO ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 22 GERMANY ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2015-2022 ($MILLION)
FIG. 23 FRANCE ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 24 U.K. ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 25 REST OF EUROPE PEDIATRIC ULTRASOUND MARKET FOR CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 26 JAPAN ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 27 INDIA ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 28 CHINA ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 29 REST OF ASIA PACIFIC ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 30 LATIN AMERICA ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 31 MIDDLE EAST ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 32 AFRICA ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
FIG. 33 ANALOGIC: NET SALES, 2013-2015, ($MILLION)
FIG. 34 ANALOGIC: REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIG. 35 ANALOGIC: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 36 ANALOGIC: SWOT ANALYSIS
FIG. 37 SWOT ANALYSIS OF ESAOTE SPA
FIG. 38 KEY FINANCIALS OF FUJIFILM CORPORATION, 2013-2015, ($MILLION)
FIG. 39 FINANCIAL REVENUE, BY SEGMENT (2015), (%)
FIG. 40 FINANCIAL REVENUE, BY GEOGRAPHY (2015), (%)
FIG. 41 SWOT ANALYSIS OF FUJIFILM CORPORATION
FIG. 42 GE: REVENUE, 2013-2015, ($MILLION)
FIG. 43 GE: REVENUE BY SEGMENTS, 2015 (%)
FIG. 44 GE: HEALTHCARE REVENUE, BY SUB-SEGMENT, 2015 (%)
FIG. 45 GE: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 46 GE: SWOT ANALYSIS
FIG. 47 HITACHI: REVENUE, 2013-2015, ($MILLION)
FIG. 48 HITACHI: REVENUE, BY SEGMENT, 2015 (%)
FIG. 49 HITACHI: REVENUE, BY GEOGRAPHY (2015), (%)
FIG. 50 HITACHI: SWOT ANALYSIS
FIG. 51 PHILIPS: REVENUE, 2013-2015, ($MILLION)
FIG. 52 PHILIPS: REVENUE BY SEGMENT, 2015 (%)
FIG. 53 PHILIPS: HEALTHCARE REVENUE, BY SUB-SEGMENT, 2015 (%)
FIG. 54 PHILIPS: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 55 PHILIPS: SWOT ANALYSIS
FIG. 56 KEY FINANCIALS OF MINDRAY MEDICAL INTERNATIONAL LIMITED, 2012-2014 ($MILLION)
FIG. 57 FINANCIAL REVENUE, BY SEGMENT (2014), (%)
FIG. 58 FINANCIAL REVENUE, BY GEOGRAPHY (2014), (%)
FIG. 59 SWOT ANALYSIS OF MINDRAY MEDICAL INTERNATIONAL LIMITED
FIG. 60 KEY FINANCIALS OF SAMSUNG ELECTRONICS CO. LTD., 2012-2014, ($MILLION)
FIG. 61 FINANCIAL REVENUE, BY GEOGRAPHY (2014), (%)
FIG. 62 SWOT ANALYSIS OF SAMSUNG MEDISON CO. LTD.
FIG. 63 KEY FINANCIALS OF SIEMENS AG, 2013-2015, ($MILLION)
FIG. 64 FINANCIAL REVENUE, BY SEGMENT (2015), (%)
FIG. 65 FINANCIAL REVENUE, BY GEOGRAPHY (2015), (%)
FIG. 66 SWOT ANALYSIS OF SIEMENS HEALTHCARE
FIG. 67 TOSHIBA: REVENUE, 2013-2015, ($MILLION)
FIG. 68 TOSHIBA: REVENUE, BY SEGMENT, 2015 (%)
FIG. 69 TOSHIBA: REVENUE, BY GEOGRAPHY, 2015 (%)
FIG. 70 TOSHIBA: SWOT ANALYSIS

List of Tables

TABLE 1 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, BY AGE GROUP, 2014-2022 ($MILLION)
TABLE 2 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN NEWBORNS, 2014-2022 ($MILLION)
TABLE 3 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN INFANTS, 2014-2022 ($MILLION)
TABLE 4 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN TODDLERS, 2014-2022 ($MILLION)
TABLE 5 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN PRESCHOOLERS, 2014-2022 ($MILLION)
TABLE 6 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN SCHOOL-AGED CHILDREN, 2014-2022 ($MILLION)
TABLE 7 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY IN ADOLESCENTS, 2014-2022 ($MILLION)
TABLE 8 WORLD ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 9 NORTH AMERICA ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
TABLE 10 EUROPE ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
TABLE 11 ASIA-PACIFIC ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
TABLE 12 LAMEA ULTRASOUND MARKET FOR PEDIATRIC CARDIOLOGY, 2014-2022 ($MILLION)
TABLE 13 ANALOGIC: COMPANY SNAPSHOT
TABLE 14 ANALOGIC CORPORATION: OPERATING SEGMENTS
TABLE 15 COMPANY SNAPSHOT OF ESAOTE SPA
TABLE 16 ESAOTE SPA: OPERATING SEGMENTS
TABLE 17 COMPANY SNAPSHOT OF FUJIFILM CORPORATION
TABLE 18 FUJIFILM CORPORATION: OPERATING SEGMENTS
TABLE 19 GE: COMPANY SNAPSHOT
TABLE 20 GE: OPERATING SEGMENTS
TABLE 21 HITACHI: COMPANY SNAPSHOT
TABLE 22 HITACHI: OPERATING SEGMENTS
TABLE 23 PHILIPS: COMPANY SNAPSHOT
TABLE 24 PHILIPS: OPERATING SEGMENTS
TABLE 25 COMPANY SNAPSHOT OF MINDRAY MEDICAL INTERNATIONAL LIMITED
TABLE 26 MINDRAY MEDICAL INTERNATIONAL LIMITED OPERATING SEGMENTS
TABLE 27 COMPANY SNAPSHOT OF SAMSUNG MEDISON CO. LTD.
TABLE 28 SAMSUNG MEDISON CO. LTD.: OPERATING SEGMENTS
TABLE 29 COMPANY SNAPSHOT OF SIEMENS HEALTHCARE
TABLE 30 SIEMENS HEALTHCARE: OPERATING SEGMENTS
TABLE 31 TOSHIBA: COMPANY SNAPSHOT
TABLE 32 TOSHIBA: OPERATING SEGMENTS

 
 

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