South Korea Contrast Enhanced Ultrasound Market Forecast 2022-2028

South Korea Contrast Enhanced Ultrasound Market Forecast 2022-2028

KEY FINDINGS

The South Korea contrast enhanced ultrasound market is anticipated to register a CAGR of 5.88% during the forecasted years. While the base year considered for the market studied is 2021, the forecasting period is from 2022 to 2030. The market growth of the country is attributed to key factors such as the increasing awareness about contrast enhanced ultrasound as well as the establishment of standardized guidelines associated with the use and administration of contrast agents.

MARKET INSIGHTS

Contrast enhanced ultrasound (CEUS) entails a diagnostic technique that utilizes ultrasound contrast agents in order to enhance the characterization and visualization of anatomic structures and lesions. Although it can be administered intraoperatively, the transcutaneous application is the most common method. In the form of microbubbles, ultrasound contrast agents comprise gas bubbles stabilized by a shell and up to 1 to 10 microns in size. They permit the visualization of both microvasculature and microvasculature.

In May 2019, the Korean Society of Ultrasound in Medicine, the Japanese Society of Ultrasound in Medicine, as well as the Chinese Taipei Society of Ultrasonography in Medicine worked together to develop guidelines for Sonazoid in contrast enhanced ultrasound. Such initiatives are anticipated to offer more clarity about contrast enhanced ultrasound techniques to sonologists in Korea. As a result, this factor plays an important role in boosting the sale of ultrasound contrast agents in South Korea, thus fueling the market’s growth during the forecasting period.

COMPETITIVE INSIGHTS

Some of the leading firms operating in the market are GE Healthcare, Trivitron Healthcare, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments