Posted On: 2022-02-11
Black and white ultrasound devices acquired the largest market revenue share in the Romania ultrasound devices market – 6Wresearch
Rising health concern, the subsequent increasing chronic diseases along with proliferation of technological advancements continues to fuel the demand for ultrasound devices in the country. Furthermore, the growth of private hospital market over the next five years is also likely to boost spending, as demand for private healthcare grows with improvements in economic growth and income, thus driving the overall growth of the ultrasound market. The COVID 19 pandemic in 2020 impacted ultrasound devices growth positively as healthcare providers were deploying ultrasound machine for diagnosing COVID-19. Moreover, POCUS units have become a first line of defence for many emergency room clinicians throughout the world when dealing with COVID-19. Furthermore, the increasing government and private funding for research and development in ultrasound imaging and the rising number of healthcare providers are the factors that would propel the growth of ultrasound devices market in the country.
According to 6Wresearch, the Romania Ultrasound Devices Market volume is projected to grow at a CAGR of 4.3% during 2021-27. Romania Ultrasound Device market is in the growth stage of its industry life cycle owing to growing government and European Investment Bank investments to develop Romania’s healthcare industry. Colour ultrasound devices within display segment has gained considerable consumer acceptance as color doppler imaging allows better visualization of the proximal and distal segments of the vertebral arteries, compared to conventional duplex ultrasonography and it also simplifies interpretation of the ultrasound data.
According to Chhavi Malpani, Manager, 6Wresearch “Diagnostic ultrasound systems led the market in 2020 and are expected to continue to do so throughout the forecast period. This huge share is owing to the system's benefit of providing significant soft tissue insights without exposing patients to ionising radiation. As a result, in gynaecology and obstetrics, it is a favored method of diagnosis. Additionally, internal organs can be viewed in a more realistic and full manner using diagnostic ultrasound.”
According to Unnati Jain, Research Associate, 6Wresearch “Cart/Trolly based ultrasound devices contributed a major revenue share in the overall Romania ultrasound devices market in 2020 owing to high rate of adoption in hospitals and clinics along. However, in the coming years, compact/handheld ultrasound devices segment is expected to grow at a higher rate due to advancing technology and increased adoption of portable ultrasound devices for point-of-care applications and preference for home treatment by Romanian citizens.”
The key players of the market include- Canon Medical Systems Corporation, Esaote S.p.A, FUJIFILM Corporation, General Electric Healthcare, Koninklijke Philips N.V., Siemens Healthineers AG, BTL Group of Companies.
“Romania Ultrasound Devices market (2021-2027)” report provides an in-depth analysis with 28 figures and 7 tables, covered in 80 pages. The report comprehensively covers the market by type, display, portability and applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.