North America Contrast Enhanced Ultrasound Market Forecast 2022-2030
KEY FINDINGS
The North America contrast enhanced ultrasound market is anticipated to surge with a 5.36% CAGR between the assessment period, 2030. Enhanced use of contrast ultrasound for abdominal and cardiac imaging, rising number of cases of chronic illness, and increasing education and training programs for radiologists and sonographers drive the market growth in the region.
MARKET INSIGHTS
The North America contrast enhanced ultrasound market growth assessment includes the evaluation of Canada and the United States. The Canada contrast enhanced ultrasound market demand is expected to surge owing to the expanding usage of contrast-enhanced ultrasound technology in cardiovascular and abdominal disorders.
Additionally, growing public and private investments in creating cutting-edge ultrasound technology, educational initiatives, and teleradiology services are predicted to support market expansion. Further, the Canadian government stated in January 2020 that it would invest $25 million in 14 new initiatives as a part of its digital technology supercluster strategy. The project’s goal was to provide bedside tools for medical professionals, portable ultrasound technology, and cloud-based platforms that might improve the scope of ultrasound services offered in Canada.
Furthermore, the increased prevalence of IBD and cardiovascular diseases is also anticipated to propel the demand for contrast-enhanced ultrasonography in Canada. Over 270,000 Canadians had IBD in 2018, and the Canadian Chronic Disease Surveillance System (CCDSS) of the Public Health Agency of Canada estimates that one in every 12 individuals had a heart disease diagnosis. This surge is anticipated to drive the contrast-enhanced ultrasound market in Canada.
COMPETITIVE Insights
Some of the leading market players are Bracco Diagnostic Inc and Lantheus Medical Imaging Inc.
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