According to the report, growth in the ultrasound equipment market would be driven by substantial growth in hand-held and portable devices and demand from clinical applications that require point-of-care imaging. Additionally, the aging population and an increase in chronic disease rates are expected to bolster the market.
At the same time, further pressure may be put on prices as competition rises, and many manufacturers may be forced to cut prices of cart-based models and instead rely on expanded prospects from hand-held devices.
Read the San Francisco Chronicle report on the ultrasound equipment market.
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