Please Wait.....
Report
France Ultrasound Devices - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029
Market Report I 2024-02-17 I 80 Pages I Mordor Intelligence
The France Ultrasound Devices Market size is estimated at USD 475.14 million in 2024, and is expected to reach USD 623.35 million by 2029, growing at a CAGR of 5.58% during the forecast period (2024-2029).
The pandemic had an adverse effect on the ultrasound devices market in the country. Additionally, the well-known for its effectiveness French healthcare system was put under a great deal of stress in the early phases of the pandemic. Portable ultrasound machines are essential in the fight against the COVID-19 pandemic, according to a research paper that appeared in the Springer Journal in February 2020. In France, intensive care physicians use point-of-care ultrasounds, typically with small transportable ultrasound devices, for bedside imaging, and in the ICU. Although there was a decrease in the overall number of ultrasounds in private centers as a result of COVID-19, this was because 52.8% of the radiologic structures followed the French recommendations to dedicate devices to COVID-19, which led to fewer ultrasound devices and more COVID-19 patients, which in turn limited access for other pathologies. According to the article "Effect of the COVID-19 Pandemic on Colorectal Cancer Care in France" published in the Lancet magazine in May 2021, researchers found a 31% decrease in new referrals for colorectal cancer in 2020 (March to May) compared to the average of the preceding two years. On the other hand, the epidemic has moved attention away from cancer treatment. Because fewer people were screened within the nation as a result, fewer ultrasound scans were performed nationwide. Thus, the market had an adverse effect during the pandemic however, it is expected to grow as pending cases will boost the market in the upcoming period.
The ultrasound market in France is expected to grow during the study's forecast period due to the rising prevalence of chronic diseases such as cardiovascular diseases, as well as technical advances in the country. For instance, according to a report titled "Heart Failure Policy and Practice in Europe: France" that was released in November 2020, heart failure is predicted to impact approximately one million people in France or 2.3% of the country's total population. Heart attacks are significantly increased by coronary artery disease and other cardiovascular disease risk factors like diabetes and hypertension. Ultrasound imaging devices are one of the most crucial diagnostic imaging systems for the diagnosis of a variety of cardiovascular abnormalities, including coronary artery disease. Major players are engaged in a variety of strategic activities. These include of product launches, collaborations, partnerships, mergers, and acquisitions. For instance, to speed up the development of AI in medical imaging, the AI DReAM initiative, coordinated by GE Healthcare, will bring together French SMEs, start-ups, research labs, and clinical centers in September 2020. The "Investments for the Future" program (PIA), which is run by Bpifrance and is overseen by the French General Secretariat for Investment, provided funding for the AI DReAM project. It strives to increase the effectiveness of the healthcare system, patient care pathways, and diagnosis accuracy. Thus, the abovementioned factors are expected to increase market growth.
France Ultrasound Devices Market Trends
High-intensity Focused Ultrasound Segment is Expected to Hold a Significant Market Share Over the Forecast Period
Focused ultrasonic energy can be utilized to treat a variety of solid tumours because it is a non-invasive approach for tissue ablation. High-intensity focused ultrasound is being utilised more frequently to treat both primary and metastatic tumours because it can accurately identify tumours for ablation. Factors such as increasing cancer prevalence and initiatives by key players are expected to increase the market growth. In 2020, France recorded 467,965 new cancer cases, while there were 1,501,881 new cases of cancer overall. Globocan 2020 predicted that by 2040, there will be roughly 579,388 new cancer cases in France. Increased use of high-intensity focused ultrasound systems for the diagnosis will result from the country's increasing number of new cancer cases, which is anticipated to propel this market's expansion in France over the course of the projected period.
High-intensity ultrasound products from several major market players are being introduced in France, which will increase the use of HIFU systems. For instance, THERACLION, a forward-thinking French company that specializes in echotherapy (using HIFU or High-Intensity Focused Ultrasound) treatment, received the CE Mark for the second generation of SONOVEIN, its HIFU varicose vein treatment option, in October 2020. Increased acceptance of HIFU systems in this region is anticipated to fuel the growth of this market in France as a result of the key players' increasing initiatives by releasing their products in the treatment of varicose veins to provide patients access to non-invasive varicose vein treatments. Future market expansion is anticipated to be fueled by rising research activities on high-intensity ultrasound systems for the treatment of various illnesses as well as approvals from the French health authorities. For instance, in August 2020, EDAP TMS SA will launch a Phase II multicenter clinical trial evaluating its Focal One HIFU for the management of deep rectal endometriosis with permission from the French Ministry of Health. This Phase II multicenter trial will assess safety and efficacy in a single patient group of 38 women with a confirmed diagnosis of deep rectal endometriosis in a total of five major French hospitals. This will lead to increased research activities on HIFU systems for different ailments and result in the adoption of HIFU systems for different diseases, thereby expected to drive the market growth in France.
Hence, the above developments pertaining to high-intensity focused ultrasound systems, it is expected to drive market growth in the country.
France Ultrasound Devices Industry Overview
France ultrasound devices market is moderately competitive and consists of several major players. Some of the companies that are currently dominating the market are Canon Medical Systems Corporation, GE Healthcare, Fujifilm Holdings Corporation, Siemens Healthineers AG, and Koninklijke Philips NV among others.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
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 Increasing Burden of Chronic Diseases
4.2.2 Technological Advancements
4.3 Market Restraints
4.3.1 Stringent Regulations
4.4 Porter's Five Force 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 (Market Size by Value - USD million)
5.1 By Application
5.1.1 Anesthesiology
5.1.2 Cardiology
5.1.3 Gynecology/Obstetrics
5.1.4 Musculoskeletal
5.1.5 Radiology
5.1.6 Critical Care
5.1.7 Other Applications
5.2 By Technology
5.2.1 2D Ultrasound Imaging
5.2.2 3D and 4D Ultrasound Imaging
5.2.3 Doppler Imaging
5.2.4 High-intensity Focused Ultrasound
5.3 By Type
5.3.1 Stationary Ultrasound
5.3.2 Portable Ultrasound
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Canon Medical Systems Corporation
6.1.2 SonoScape Medical Corp
6.1.3 Fujifilm Holdings Corporation
6.1.4 GE Healthcare
6.1.5 Hologic Inc.
6.1.6 Koninklijke Philips NV
6.1.7 Mindray Medical International Limited
6.1.8 Samsung Electronics Co. Ltd
6.1.9 Esaote SpA
6.1.10 Siemens Healthineers AG
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security