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Transcranial Doppler Ultrasound Market - Growth, Trends, And Forecast (2020 - 2025)

Published on: Aug 2020 | From USD $4250 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 117

The transcranial Doppler ultrasound market is expected to register a CAGR of 6% during the forecast period. This is attributing to technological innovation, coupled with high investment in health care and an increasing rate of diseases that required ultrasound to be done.

- Moreover, increasing neurological disorders and a large number of applications associated with this system have been making it possible to use it for over large range.
- Technological advancements, such as the use of greyscale, spectral Doppler, and color doppler flow imaging, directly visualize intracranial vessels, thus, simplifying flow velocity measurements and enhancing the accuracy for vasospasm detection.

However, the absence of an acoustic window, coupled with low spatial resolutions, may hinder the market growth to a certain extent.

Key Market Trends

Applications of Transcranial Doppler Ultrasound System in Sickle cell diseases are expected to witness a healthy growth in future

The population affected with sickle cell diseases is more likely to use this system for ultrasound. This disease is a hereditary blood disorder characterized by abnormal, rigid, sickle-shaped red blood cells caused due to mutations. As per the National Institute of Health (NIH), sickle cell diseases are the most common inherited disorders in the United States, affecting more than 70,000 Americans, thereby, leading to the adoption of transcranial doppler ultrasound by the targeted patient pool for identifying the diseases. This high demand for transcranial Doppler ultrasound system for screening purposes in the targeted population may lead to driving the market.

In addition, with an increasing number of neurological disorders worldwide, there may be an increase in the adoption of this system for evaluating cerebral hemodynamics and diagnose cerebrovascular disorders, and thus, results promote the growth of the overall market.

North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period

North America is expected to hold a major market share in the global transcranial doppler ultrasound system market due to rising incidences of neurological disorders and increasing geriatric population, as these populations need a constant diagnosis to be done. Moreover, high healthcare infrastructure, with an increasing rate of cardiovascular diseases, may also boost revenue growth in this region.

Competitive Landscape

The market studied is moderately competitive, and there are several international as well as local companies in the market. Some of the companies that have been currently dominating the transcranial Doppler ultrasound system markets market are Neural Analytics, Viasonix, Rimed, B. Braun Melsungen AG, Konica Minolta Healthcare India Pvt. Ltd, and Spencer Technologies.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Preference for Transcranial Doppler in Detecting Various Cerebrovascular Diseases
4.2.2 Technological Advancements
4.3 Market Restraints
4.3.1 Lack of Skilled Expertise
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Application
5.1.1 Sickle Cell Disease
5.1.2 Acute Ischemic Stroke
5.1.3 Intracranial Steno Occlusive Disease
5.2 By End User
5.2.1 Hospitals
5.2.2 Diagnostic Laboratories
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle East & Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle East & Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Neural Analytics
6.1.2 Viasonix
6.1.3 Rimed
6.1.4 B. Braun Melsungen AG
6.1.5 Konica Minolta Healthcare India Pvt. Ltd
6.1.6 Spencer Technologies

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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