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Unprecedented Imaging Ultrasound technology makes a global impact with consistent technological evolution and recent surge in application areas By Divya Chawla
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hen the global economy was seeing a major downtrend over the past few years owing to recession, the healthcare market continued to grow despite the global meltdown. This held true for almost all sectors within the healthcare industry including radiology equipment. Ultrasound, which forms one of the oldest and
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most crucial radiology segments has been a part of this successful growth story. The ultrasound market in India was estimated at `485 crore in 2009. Going further the market size is expected to exceed the `1100 crore mark by 2015 with an estimated CAGR of 13-14 percent. The ultrasound systems, in India, are priced somewhere between `70 lakhs to `1.5 crore. The global
> www.ehealthonline.org > February 2011
market for ultrasound was valued at a massive US $2.9 billion in 2009 and is expected to become double its size by the end of 2012. The growing trend of miniaturization and increasing trust in portable systems has led to a significant increase in the market of hand-carried ultrasound systems in the recent years. Although the western countries were the first ones to adopt this technol-