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Colour ultrasound market in India surges

Posted: 14 Nov 2012     Print Version  Bookmark and Share

Keywords:ultrasound  imaging  colour 

The increasing Indian middle-class population and demand for higher quality healthcare services and treatment is driving the demand for higher specification ultrasound equipment that can be used for specialist diagnosis and procedures, according to InMedica, a part of IHS Inc.

inMedica predicts a strong growth in the colour ultrasound market in India over the next five years, with revenues forecast to increase by 49 per cent over this time. The colour ultrasound market in India is expected to reach Rs.978.26 crore ($180 million) by 2016, said inMedica.

Due to the rising demand for improved healthcare services there is a growing trend in India for hospitals and clinics to replace black and white ultrasound systems with colour systems that offer better image quality. The increasing functionality and technology found in low-end and mid-range ultrasound systems is driving strong growth in these markets, as many first generation users upgrade to higher specification equipment. As a result, colour ultrasound equipment is forecast to account for 87 per cent of unit shipments by 2016, compared to 73 per cent in 2011.

"Colour equipment is essential to improve ultrasound imaging techniques, such as for improved visualisation of blood flow in arteries using colour-doppler. This is forecast to drive strong growth in the colour market over the next 5 years," commented Carly Reed, market analyst at InMedica. "As healthcare services continue to expand, the clinical expertise of physicians will diversify. This will increase demand for equipment with advanced imaging features that are commonly used in mature markets, such as 3D/4D imaging, elastography and fusion imaging."

Ultrasound equipment market

Growth in the colour ultrasound market is being further driven by colour systems becoming more readily available at a much lower price. There are a growing number of Chinese manufacturers entering the Indian market with low-cost colour ultrasound equipment, forcing international suppliers to decrease the price of low-end and mid-range systems in order to compete. The refurbished market is also making colour systems available at similar prices to black-and-white equipment. Consequently, the black-and-white ultrasound market is forecast a rapid decline over the next five years.

Low-cost black-and-white ultrasound systems will still be necessary to improve access to basic diagnostic imaging services in many rural regions of India. However, as colour equipment is becoming more affordable for smaller-sized hospitals and demand in large and medium-sized hospitals is increasing for advanced ultrasound technology, colour ultrasound systems will continue to dominate the Indian ultrasound market.

For more statistics and forecasts, click here.

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