Artificial Intelligence
Portable Ultrasound Market to Reach USD 3,897.0 Million with 13.6% CAGR in 2026; Launch of AI-enabled Imaging Devices to Boost Growth: Fortune Business Insights™
Pune, India, Feb. 19, 2021 (GLOBE NEWSWIRE) — The global portable ultrasound market is set to gain impetus from the surging adoption of advanced technologies, such as artificial intelligence (AI) in imaging systems. Some of the others are striving to introduce new products to meet the demand from COVID-19-positive patients. In April 2020, Mindray Medical, for instance, introduced ME series to accelerate clinical confidence amid emergency and critical COVID-19 cases. This information is given by Fortune Business Insights™ in a new report, titled, “Portable Ultrasound Market, 2020-2026.” The report further states that the market size was USD 1,801.5 million in 2019. It is projected to grow from USD 1,810.9 million in 2020 to USD 3,897.0 million in 2026 at a CAGR of 13.6% in the forecast period.
COVID-19 Pandemic: Halt of Inessential Healthcare Procedures to Obstruct Growth
The COVID-19 pandemic has resulted in the cancellation of several diagnostic procedures including ultrasound scans. At the same time, it has reduced the rate of hospital visits worldwide due to lockdown measures. Thus, the limitation of normal healthcare procedures may hinder the demand for portable ultrasounds in the upcoming years. Our research reports will help you get a complete picture of the current scenario of this industry.
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Key Players Focus on R&D Activities to Launch Innovative Products in Market
The global market contains a large number of portable ultrasound manufacturers that are currently investing huge sums in research & development activities to launch technologically advanced products. Below is one of the latest industry developments:
- July 2020: FUJIFILM Sonosite, Inc. introduced its latest Sonosite PX ultrasound system. It provides superior image quality and efficient workflow. It would aid clinicians to treat patients effectively.
North America to Lead Stoked by Rising Prevalence of Cancer in the U.S.
Geographically, North America is set to retain its dominant position throughout the forthcoming years fueled by the high demand for accurate medical imaging, such as portable ultrasound, to lower the prevalence of cancer. The region stood at USD 733.5 million in terms of revenue in 2019. The Global Cancer Observatory (GLOBOCAN), for instance, estimated that in 2020, the United States would record 2,281,658 new cases of cancer.
To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/portable-ultrasound-market-104861
In Europe, the surging expenditure by major countries and the increasing number of new product launches would boost growth. Asia Pacific, on the other hand, is likely to exhibit the highest CAGR because of the improving healthcare expenditure and robust potential patient base in the region.
Hospitals Segment to Generate Largest Share Backed by Higher Usage of These Devices
Our analysts have divided the market into type, end-user, and geography. By type, it is segregated into touchscreen and built-in-console. Based on end-usershe the U.S.revalence of Cancere of the ly to uld boost growth. ur content as examples. , it is fragmented into clinics and hospitals. Amongst these, the hospitals segment is anticipated to procure the largest portable ultrasound market share in the near future backed by the increasing adoption of technologically advanced devices and higher availability of trained healthcare professionals to operate such portable ultrasound equipment.
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Increasing Demand from Emergency Care Departments to Augment Growth
The extensive usage of portable ultrasound systems in emergency care departments is expected to aid growth. Besides, the type of medical equipment and technology present in emergency departments is a vital factor that can bolster the rapidity of the patient care. Portable ultrasound machines are very essential and sensitive that can deliver real-time images. These are often used as a diagnostic tool because of its non-invasive approach. However, the limited reimbursement for medical imaging may hamper the portable ultrasound market growth in the upcoming years.
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A list of renowned portable ultrasound manufacturers presents in the global market:
- GE Healthcare (Chicago, U.S.)
- Koninklijke Philips N.V. (Amsterdam, The Netherlands)
- FUJIFILM Sonosite, Inc. (Bothell, U.S.)
- ALPINION MEDICAL SYSTEMS Co., Ltd. (Seoul, South Korea)
- Hitachi Ltd. (Tokyo, Japan)
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (Shenzhen, China)
- EDAN Instruments (Shenzhen, China)
- Terason Corporation (Burlington, U.S.)
- CHISON Medical Technologies (Jiangsu, China)
- Healcerion (Seoul, South Korea)
- Butterfly Network, Inc. (Guilford, U.S.)
- Bard Access Systems Inc. (Becton, Dickinson and Company) (Salt Lake City, U.S.)
- Teknova Medical Systems Co., Ltd. (Beijing, China)
- Advanced Instrumentations (Miami, Florida)
- DRE Medical (Kentucky, U.S.)
- DRAMIŃSKI S. A. (Olsztyn, Poland)
- Landwind Medical (Shenzhen, China)
- Shenzhen AnaSonic Bio-Medical Technology Co., Ltd. (University Town of Shenzhen, China)
- Accutome Inc. (Philadelphia, U.S.)
- Zimmer MedizinSysteme GmbH (Neu-Ulm, Germany)
- Other Players
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Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Sales Channels Analysis
- Key Mergers, Acquisitions, Partnerships, etc.
- Covid-19 Impact on the Market
- Global Portable Ultrasound Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Revenue (USD million) and Volume (Units) Analysis, Insights and Forecast – By Type
- Built-in-console
- Touchscreen
- Market Revenue (USD million) and Volume (Units) Analysis, Insights and Forecast – By End User
- Hospitals
- Clinics
- Market Revenue (USD million) and Volume (Units) Analysis, Insights and Forecast – By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- North America Portable Ultrasound Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Revenue (USD million) and Volume (Units) Analysis, Insights and Forecast – By Type
- Built-in-console
- Touchscreen
- Market Revenue (USD million) and Volume (Units) Analysis, Insights and Forecast – By End User
- Hospitals
- Clinics
- Market Revenue (USD million) and Volume (Units) Analysis, Insights and Forecast – By Country
- U.S.
- Canada
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Artificial Intelligence
Gilbarco Veeder-Root champions fuel efficiency, clean fuels and diesel rebate solutions in mining
JOHANNESBURG, March 28, 2024 /PRNewswire/ — Global leader in technology solutions OEM Gilbarco Veeder-Root (GVR) is dedicated to enhancing operational performance by delivering comprehensive end-to-end wetstock, industrial, mining, and business-to-business solutions, all tailored to meet the specific needs of the customer.
By encompassing every aspect of mining operations, GVR commercial and industrial Middle East and Africa director Westtar Kapito says, “the company is setting new benchmarks for fuel efficiency, safety and sustainability within the mining industry”.
As part of a holistic approach to mining excellence, Kapito explains that Gilbarco’s integrated fuel and fleet management technology solutions are designed to address the multifaceted challenges of the mining industry.
Some of these facets include wetstock control, equipment maintenance and management, fleet management and automation, compliance monitoring and environmental sustainability, as well as driving productivity and profitability through innovation.
In addition, the introduction of Gilbarco’s clean fuel solution exemplifies the company’s commitment to maintaining equipment integrity and performance.
This technology, GVR says, monitors in real-time the status of up to 16 “clean fuels” key performance matrices, thereby ensuring that dirty fuel is flagged and not transferred into mining equipment which would affect engines and injectors and thus lower productivity.
Gilbarco’s comprehensive site automation solutions empower mining companies with critical data analytic insights, facilitating efficient monitoring and management of fleet and fuel inventory. Gilbarco’s dataFLEX360 platform plays a pivotal role, offering near real-time reporting and analytics to drive informed decision-making and operational agility.
dataFLEX360 is a Web-based, cloud-hosted strategic operational insights platform. The system ensures accurate, reliable and relevant reporting of all fuel, fleet and asset transactions, and provides for proactive corrective measures to reduce complex reporting and gives a consolidated and comprehensive view across all sites and assets.
With reconciliations at its core, dataFLEX360 provides solution accuracy on operational data.
Integral to the company’s solutions is compliance with Global Industry Standards and environmental stewardship, from leak detection to vapour recovery and clean fuel technologies. Gilbarco’s products are designed to ensure compliance and minimise the carbon footprint of mining operations.
Additionally, through the company’s innovative telematics technology and the data generated, it can systematically and seamlessly generate South African Revenue Services- (SARS-) compliant fuel rebate reports for any selected tax period.
GVR’s technology provides a full audit trail required for eligibility for SARS rebates, and its reporting platform simplifies logbook and data gathering required, enabling successful rebate claims and return on investment.
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Artificial Intelligence
Invoca Wins CX Today Award for Best Conversational Intelligence Solution of 2024; Launches European Data Centre and Adds UK Sales Leader
CX Today recognises Invoca as the foremost visionary in the Conversational Intelligence category. Additionally, expands its European presence with a new Data Centre and the appointment of Duncan MacPherson as UK Director of Sales.
LONDON, March 28, 2024 /PRNewswire/ — Invoca, the leading revenue execution platform for revenue teams, has won the CX Today Award for ‘Best Conversational Intelligence Solution’ of 2024. CX Today, the leading international news publication honouring excellence in CX technology, hosted the CX Awards to honour excellence in CX leadership, technology innovation, and industry success.
“Invoca’s exceptional work in conversational intelligence has helped push the category forward, and we are thrilled to see their accomplishments acknowledged at CX Awards 2024,” said Charlie Mitchell, Senior Editor at CX Today and host of the awards.
The award recognises Invoca’s strength in empowering revenue teams across marketing, contact centre sales, and customer experience to enhance buying experiences, increase high-value leads, and boost revenue. For businesses that acquire customers over the phone, Invoca enables these digital marketing and contact centre teams to collaborate to drive revenue growth. Invoca stands out for capturing deep insights from consumer calls and digital interactions and ingesting revenue driven by calls and other metadata from CRM and contact centre solutions, making Invoca the source of truth for consumer engagements.
“We’re thrilled to be named the Best Conversational Intelligence Solution of 2024 by CX Today as we highlight our longstanding vision to help brands acquire customers and grow their revenue,” said Gregg Johnson, CEO of Invoca. “As AI pioneers in this space, having first introduced our broad base of patented AI technologies in 2015, artificial intelligence and machine learning are core to helping companies improve the customer experience and connect the buyer journey.”
The CX Awards’ judging panel, including Dan Miller, Lead Analyst at Opus Research, reviewed hundreds of applications for their organisation’s ability to improve overall customer experience through innovation and high-impact features.
“Invoca continues to demonstrate that they are a clear leader in conversational intelligence AI. We recognised Invoca for their ability to employ a sophisticated blend of AI technologies — including patented machine learning, generative AI, voice biometrics, and deep learning neural networks, to drive revenue,” said Dan Miller, CX Awards judge and Lead Analyst at Opus Research.
Invoca Launches New European Platform and Data Centre Amid U.K. Sales Leadership Expansion
Invoca continues to reinforce its commitment to maintaining data excellence with unwavering reliability and strict adherence to security standards. Protecting customer data privacy remains a top priority, particularly given the heightened concerns surrounding security and privacy. Invoca’s new European platform and localised data centres support its growing customer base by ensuring all customers can adhere to the highest level of enterprise-grade data privacy, and GDPR compliance standards. Invoca’s powerful EU-based infrastructure enables its customers to recreate the same Invoca experience using the full feature suite while maintaining the highest standards of quality.
Invoca has also welcomed Duncan MacPherson as UK Director of Sales. MacPherson brings extensive experience with large companies and start-ups selling customer engagement solutions. This is part of an overall expansion in the UK market, which includes hiring a localised sales and customer success team, sales development, and marketing support.
More Information:
See the results you can get with Invoca’s award-winning conversation intelligence: https://www.invoca.com/customersInvoca’s GDPR Compliance: Everything You Need to Know: https://www.invoca.com/blog/invocas-gdpr-compliance-everything-you-need-to-knowWatch the CX Today Awards winners revealed on demand: www.cxtoday.com/cxawardsJoin Invoca’s talented team today: https://www.invoca.com/company/careersAbout InvocaInvoca is a revenue execution platform that connects marketing and sales teams to help them track and optimise the buying journey to drive more revenue. By using a comprehensive revenue execution platform with deep integrations with leading technology platforms, revenue teams can better connect their paid media investments directly to revenue, improve digital engagement, and deliver the best buyer experiences to drive more sales. With Invoca, top consumer brands, including AutoNation, DIRECTV, Mayo Clinic, Mutual of Omaha, and Verizon, experience unbelievable results powered by undeniable data. Invoca has raised $184M from leading venture capitalists, including Upfront Ventures, Accel, Silver Lake Waterman, H.I.G. Growth Partners, and Salesforce Ventures. For more information, visit www.invoca.com.
About CX AwardsHosted by CX Today, the awards ceremony has become the beacon of recognition for companies and professionals pushing the envelope in the CX technology sphere.
The CX Awards 2024 is here for its fourth year and is bigger and better than ever before! Winners of the 2023 awards included Vonage, Calabrio, and UJET and more. Then, the ceremony included exclusive streams from our people winners, Jay Patel from Webex and Kimberley Wood from Ultimate. Yet, this year’s event featured many more CX leaders who shared their unique takes on the space.
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Artificial Intelligence
ASC Achieves Certification for Webex Calling
ASC announces compliance recording and AI-driven analytics tool for Webex Calling
HÖSBACH, Germany, March 28, 2024 /PRNewswire/ — ASC Technologies, a leading provider of comprehensive recording and analytics tools, announces its successful certification for Webex Calling with Webex by Cisco, a leading provider of collaboration technologies powering hybrid work and customer experience. This certification distinguishes ASC as one of the few global vendors who are authorized to provide record capabilities for Webex Calling communications. This capability is essential for organizations in regulated industries that must adhere to strict compliance standards.
A key benefit of the ASC solution is the simple and fast configuration in the Webex Control Hub, which ensures a high level of user-friendliness. In addition, ASC enables the migration of on-premise solutions to the cloud by seamlessly transferring recordings to the cloud environment. This step enables organizations to accelerate their digital transformation and take advantage of cloud-based services. In addition, AI-driven analytics, powered by ASC’s solutions, help organizations gain a comprehensive view of their communications, enrich customer relationships, and streamline compliance and risk management processes.
“As a stable company that has been established in the market for 60 years, we see the certification for Webex Calling not only as a confirmation of our technological expertise, but also as a promise to our customers and partners,” says Dr. Gerald Kromer, CEO of ASC. “We are committed to providing innovative and reliable solutions that meet the demands of today’s communications technologies while ensuring our customers’ compliance requirements.”
This certification is a further milestone in ASC’s successful partnership with Cisco, which has already existed for 20 years. ASC will be exhibiting at Enterprise Connect in Gaylord Palms, and Cisco Live in Las Vegas, showcasing its innovative recording and analytics solutions and demonstrating the results of its collaboration with Cisco. These events offer a glimpse into how ASC’s solutions drive efficiency and insight.
About ASC
ASC is a worldwide leading provider of software and cloud solutions in the field of omni-channel recording, quality management, and analytics. Among our target groups are all companies that record their communications, especially financial service providers, contact centers, and public safety organizations. We offer solutions for recording as well as AI-based analysis and evaluation of all communications – with full flexibility as a cloud service, on-premise or as a hybrid solution. Headquartered in Germany with subsidiaries in 14 countries and experienced system integration partners in over 60 countries, ASC is the #1 Europe-based player in its industry.
About Webex by Cisco
Webex is a leading provider of cloud-based collaboration solutions which includes video meetings, calling, messaging, events, customer experience solutions like contact center and purpose-built collaboration devices. At Webex, we start with people and their experiences first. This focus on delivering inclusive collaboration experiences fuels our innovation, which leverages AI and Machine Learning, to remove the barriers of geography, language, personality, and familiarity with technology. Our solutions are underpinned with security and privacy by design. We work with the world’s leading business and productivity apps – delivered through a single application and interface. Learn more at webex.com.
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View original content:https://www.prnewswire.co.uk/news-releases/asc-achieves-certification-for-webex-calling-302102352.html
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