Title: Urology Imaging Systems Market to increase at a CAGR of 3.8% through 2018-2028
1Urology Imaging Systems Market
Report Id REP-GB-8911 Published On
March-2019 Category Healthcare, Pharmaceuticals
Medical Devices
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4Urology Imaging Systems Market Analysis
- Urology Imaging Systems Market to represent a
significant expansion at 3.8 CAGR by
2018-2028 - VALLEY COTTAGE -- According to the latest
research by the FMI, the global urology imaging
systems market is expected to account for over
US 486.4 Mn, in terms of value, by 2028 end. The
report on the Urology Imaging Systems market
further projects substantial growth potential
with CAGR of 3.8 over 2018-2028. - While hospitals will continue to register the
highest revenue share in terms of urology imaging
systems adoption, the report highlights limited
investment opportunities for manufacturers of
urology imaging systems, within clinics. - Increasing EU Reserve Funding Encouraging
Adoption of Urology Imaging Systems - Increasing instances of urological disease and
simultaneously increasing awareness about
critical health issues is anticipated to boost
demand for urology imaging systems and services
across globe. Accessibility of EU reserves for
part states in the CEE, paralleled by
administrative projects in Russia, will be an
imperative source of financing for new imaging
equipment purchases and will contribute
fundamentally to the advancement of the urology
imaging systems market in the Eastern Europe. - .
5Urology Imaging Systems Market Analysis
- In Russia, the 2020 Healthcare Development
Program and National Project 'Health' center not
just around conveying propelled advances to the
nation and furnishing healthcare facilities with
costly, top of the line urology imaging systems,
yet additionally on obtaining mid-range and
low-end urology imaging systems that are very
required in local health facilities. The
compliance to the EU reserve funding has given
access to countries like the Czech Republic,
Hungary, Poland, Bulgaria and Romania. Such
compliances are anticipated to eliminate barriers
for the new entrant in urology imaging systems
market. - The growing demand for urology imaging systems is
centered at increasing inclination towards
technologically-advanced imaging tools used in
the diagnosis of prostate cancer and uterine
fibroid to reduce the risk of uterine cancer.
Further increasing demand for urology imaging
systems for accurate diagnosis and second opinion
is anticipated to create demand for ultrasound-
as well as fluoroscopy-based urology imaging
systems, thereby driving the growth of the
Urology Imaging Systems market. However,
ultrasound systems are likely to continue
representing a larger market value share over
fluoroscopic variants, according to FMIs
analysis. - Favorable Reimbursement Scenario, Supported by
Increasing Number of Diagnostic Establishments
Driving Market Growth - In the recent years, the number of independent
diagnostics and imaging centers in various
developed and developing regions has seen a
significant spike, overcoming a series of volume
and reimbursement pressures in an effort to
sustain profitability and achieve better margins.
This according to the report is expected to drive
the growth of the Urology Imaging Systems market.
6Urology Imaging Systems Market Analysis
- Many insurance companies have adopted effective
marketing strategies to shift the patient volume
to low-cost independent diagnostic centers and
reduce the price point associated with urology
imaging systems. Independent diagnostic imaging
centers offer better service and often of
superior quality, generally at the expense of
local hospitals and weak operators. The
development of low cost portable urology imaging
systems is providing leverage to current
imagining centers and subsequently driving the
growth of Urology Imaging Systems market. - The report tracks strategic developments of some
of the prominent players competing in the global
urology imaging systems market, including GE
Healthcare, Toshiba Medical, Philips Healthcare,
Hitachi-Aloka Medical, Siemens Healthineers,
Samsung Medison, Mindray, Fujifilm Sonosite,
Esaote, and Analogic. The report also provides
key aspects and trends in the Urology Imaging
Systems market, including reimbursement scenario,
average selling price, and country-wise revenue
analysis. - Press-release Source - https//www.globenewswire.c
om/news-release/2019/03/14/1753196/0/en/Urology-Im
aging-Systems-Market-to-Record-an-Exponential-CAGR
-of-3-8-by-2028-Future-Market-Insights.html
7Urology Imaging Systems Market Analysis
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packaged solution, which combines current market
intelligence, statistical anecdotes, technology
inputs, valuable growth insights and an aerial
view of the competitive framework and future
market trends
8Urology Imaging Systems Market Analysis
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