Global ultrasound to hit $8.1 billion by 2017

The global market for ultrasound devices--valued at approximately $5.6 billion in 2011--is predicted to grow by 6.2 percent annually and reach $8.1 billion by 2017, according to a new report issued by MarketsandMarkets.

Ultrasound applications in the fields of cardiology, radiology, obstetrics, gynecology, urology and musculoskeletal constitute the conventional market for diagnostic ultrasound devices. But, according to the report, the areas driving this growth will be emergency medicine, anesthesiology and musculoskeletal applications. In addition, the demand for point-of-care diagnostics has been driven the market for the last five years, and will continue to do so through 2017. Announcement

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