Report: Ultrasound market posts 5% growth

The worldwide ultrasound market produced $5.8 billion in revenues in 2014 and is growing at a rate of 5%, according to a new report from market research firm Kalorama Information.

Growth is being driven by a continuing trend toward portable and handheld systems that have brought ultrasound technology into the offices of cardiologists, obstetricians, surgeons, urologists, and other specialties, according to the firm. Kalorama noted growing utilization of ultrasound in areas from breast health to cardiology, thanks to mobility enhancements with newer systems that enable the modality to be used at the bedside.

Compact systems can now also provide real-time 3D imaging to aid complex surgical applications and interventional procedures, Kalorama said.

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