Market Trends of China Ultrasound Devices Industry
Portable Ultrasounds Segment is Expected to Hold a Significant Market Share Over the Forecast Period
- Portable ultrasound is a type of medical ultrasonography that uses compact and light equipment instead of console-style ultrasound machines. Most of these portable ultrasound systems could be carried by hand and, in some cases, operated solely on battery power. The major factors driving the growth of stationary ultrasounds include advanced technology and a rising prevalence of chronic diseases that require point-of-care diagnostics.
- Furthermore, the multiple benefits of portable ultrasonography are projected to propel the market towards growth. In general, portable devices provide visual quality equivalent to smaller console systems. Portable devices are also convenient to transport from one area to another, and they allow for offsite diagnosis, allowing practitioners to practice at specialized diagnostics units, clinics, and other sites.
- The portable ultrasound is effective for the geriatric population, as this population is more susceptible to chronic diseases and is unable to move from one location to another. For instance, according to China's National Bureau of Statistics (NBS), in January 2022, China had 280.04 million people aged over 60 at the end of 2022, up from 267.36 million in 2021. Thus, the growing burden of the aging population is expected to create the need for ultrasound diagnosis. This population is more likely to be affected by various chronic diseases and is expected to contribute to the segment's growth.
- Moreover, the rising adoption of portable ultrasound in the country is expected to boost the market segment's growth. For instance, in April 2023, children's congenital heart disease screening was carried out in Yibin City by the Paediatric Cardiovascular Department of the West China Second University Hospital. Using the SonoBook portable ultrasound machine from Chison, the medical professionals identified the condition.
- Thus, all the aforementioned factors, such as the significant benefits of portable ultrasound over stationary ultrasound and the growing aging population, will likely boost market growth over the forecast period.
2D Ultrasound Imaging Segment is Expected to Hold a Significant Share Over the Forecast Period
- 2D ultrasounds produce flat, black-and-white moving images of inside body parts. The sound waves travel from the ultrasound transducer through the body and back again to produce a basic image that outlines the organs inside the body. 2D ultrasound can be used to detect chronic diseases and fetal growth. They provide a clear inside view that doctors and health professionals can use to detect and diagnose certain medical problems. Factors such as the growing adoption of ultrasound to check the development of the fetus, rising technological advancements, and the increasing application of 2D ultrasound are expected to drive the growth of the 2D ultrasound devices market in China.
- The growing application of 2D ultrasound in broad areas such as gynecology, cardiology, and cancer care will likely contribute to segment growth. For instance, according to a study published in the Medicine Journal in January 2021, during the second and third-trimester examinations, 2D ultrasonography helps localize the anatomical structures of the developing fetus. Thus, 2D ultrasound has significant applications in gynecology, which is expected to boost market growth over the forecast period.
- Furthermore, According to the study published in the Journal of Clinical Ultrasound in May 2023, prenatal diagnosis of fetal conotruncal defects using 2D ultrasound with spatiotemporal image correlation (STIC), particularly in persistent arterial trunks has great clinical value for the treatment and prognosis of fetal conotruncal defects. Thus, the huge application of ultrasound in clinical applications is expected to boost the market over the forecast period.
- The rising birth rate in China is expected to raise demand for 2D ultrasound over the forecast period. For instance, according to the National Statistics Bureau 2021, 10.6 million babies were born in 2021, a rate of 7.52 births per 1,000 people. Thus, the high birth rate in the country is expected to create the need for 2D ultrasound devices for the diagnosis of fetal growth and other conditions and hence drive the segment growth over the projected period.
- Thus, all the aforementioned factors, such as the rising application of 2D ultrasound, are expected to boost segment growth over the forecast period.