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Ultrasound Probes Market to reach US$ 4.6 billion by 2031, growing at a CAGR of 3.9% from 2023-2031: TMR Report

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Wilmington, Delaware, United States, July 24, 2023 (GLOBE NEWSWIRE) — The global ultrasound probes market is estimated to flourish at a CAGR of 3.9% from 2023 to 2031. According to Transparency Market Research, sales of ultrasound probes are slated to total US$ 4.6 billion by 2031.

Advancements in technology have led to the development of smaller and more portable ultrasound probes. These compact probes offer enhanced mobility and ease of use, opening up opportunities for point-of-care applications and remote medical services in underserved areas.

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Ultrasound probes with wireless connectivity capabilities enable seamless data transfer to cloud-based platforms. This integration facilitates real-time collaboration among healthcare professionals, remote consultations, and data storage, leading to better patient management. Artificial Intelligence (AI) and Machine Learning algorithms are being integrated into ultrasound devices, enabling automated image analysis, faster diagnosis, and improved accuracy. This amalgamation creates opportunities for more efficient workflows and better clinical outcomes.

Traditional 2D imaging is evolving into 3D and 4D ultrasound technologies, offering enhanced visualization and improved understanding of anatomical structures. These capabilities are finding applications in obstetrics, cardiology, and other specialty areas, unlocking new diagnostic possibilities. Elastography, a technique that measures tissue elasticity, and contrast-enhanced imaging, which highlights blood flow, are gaining momentum. These cutting-edge techniques provide valuable information about tissue characteristics, aiding in the detection and characterization of various diseases.

Key Findings of the Market Report

  • In 2022, the worldwide ultrasound probes sector achieved a valuation of approximately US$ 3.3 billion.
  • In 2023, the global market for ultrasound probes is anticipated to reach a valuation of US$ 3.5 billion.
  • Products & Accessories dominate the ultrasound probes market, driving revenue and growth with cutting-edge hardware advancements and innovations.
  • Among the various types in the ultrasound probes market, the dominating type is the Convex Probe.
  • Musculoskeletal application dominates the ultrasound probes market, benefiting from its diagnostic versatility and expanding use in various specialties.

Ultrasound Probes Market Growth Drivers & Trends

  • Specialized ultrasound probes tailored for pediatric imaging are emerging, designed to provide high-resolution imaging for small patients. This niche market addresses the unique needs of pediatric healthcare, creating opportunities for improved pediatric diagnoses and treatment.
  • Holographic technology is being explored to generate three-dimensional ultrasound images, allowing for an immersive and interactive visualization experience. This groundbreaking trend holds promise for surgical planning, medical education, and enhanced patient communication.
  • Advanced sensor technology integrated into ultrasound probes enhances image quality and diagnostic accuracy. The incorporation of smart sensors and adaptive beamforming techniques improves signal reception, expanding diagnostic capabilities and clinical utility.

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Global Ultrasound Probes Market: Regional Profile

  • North America leads the ultrasound probes market with its advanced healthcare infrastructure and high adoption of cutting-edge medical technologies. The region is characterized by significant investments in research and development, robust reimbursement policies, and a large presence of key market players.
  • Europe follows closely, driven by rising healthcare expenditure, favorable government initiatives, and a growing geriatric population. The region boasts well-established healthcare systems and a strong emphasis on early disease detection and prevention.
  • Asia Pacific exhibits immense growth potential, fueled by increasing healthcare investments, expanding patient population, and rising awareness about the benefits of ultrasound technology. The region’s emerging economies, such as China and India, are witnessing rapid market growth, driven by improving healthcare infrastructure and a surge in demand for advanced diagnostic solutions.

Ultrasound Probes Market: Competitive Landscape
The ultrasound probes market is highly competitive, with key players constantly innovating to expand their product portfolios and gain a competitive edge. Some prominent manufacturers are as follows:

  • GE Healthcare
  • Philips Healthcare
  • Siemens Healthineers
  • Canon Medical Systems
  • Fujifilm Holdings Corporation
  • Hitachi Medical Systems
  • Samsung Medison Co., Ltd.
  • Mindray Medical International Limited
  • Analogic Corporation
  • Esaote SpA
  • Terason Corporation
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  • SonoScape Medical Corporation
  • BK Ultrasound
  • Healcerion Co., Ltd.

Some important developments with regard to ultrasound probes are as follows:

  • In May 2023, Royal Philips introduced the Philips CT 3500, a high-throughput CT system designed for routine radiology and high-volume screening programs. This AI-powered system offered image-reconstruction and workflow-enhancing features, ensuring consistent, fast, and high-quality images for accurate diagnoses. It proved valuable in demanding, high-volume care settings, and allowing clinicians to gain confidence and achieve a higher return on investment.

Product Portfolio:

  • Hitachi Medical Systems offers a comprehensive product portfolio that includes diagnostic imaging systems such as MRI, CT, ultrasound, and X-ray equipment. Their solutions are known for their advanced technology, clinical accuracy, and user-friendly design, providing healthcare professionals with reliable tools for accurate diagnoses and patient care.
  • Samsung Medison Co., Ltd. specializes in advanced ultrasound systems, providing a diverse range of imaging solutions for various medical fields. Their product portfolio includes state-of-the-art ultrasound machines with innovative features, delivering high-resolution imaging, enhanced diagnostic capabilities, and ergonomic designs to optimize user experience.

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Ultrasound Probes Market: Key Segments
By Component

  • Products & Accessories
  • Software & services

By Type

  • Linear Probe
  • Convex Probe
  • Endocavitary Probe
  • Phased Array/Cardiac Probe
  • Transesophageal (TEE) Probe
  • Others

By Application

  • Musculoskeletal
  • Oncology
  • Cardiovascular
  • Obstetrics & Gynecology
  • General Imaging
  • Others

By End-user

  • Hospitals & Clinics
  • Diagnostic Centers
  • Ambulatory Surgical Centers
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Websitehttps://www.transparencymarketresearch.com
Bloghttps://tmrblog.com
Email: [email protected]

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Netcompany secures high-profile digital transformation contract with HM Revenue & Customs (HMRC)

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Netcompany wins one of four new build contracts for HMRC. The European IT services company will focus on modernising core digital customer services for HMRC’s Customer Services Group. The contract term is three years with options for two, one-year extensions. The estimated contract spend is £120–£135m over the course of the 5-year term. 
LONDON, May 13, 2024 /PRNewswire/ — Netcompany has won a significant new build contract for His Majesty’s Revenue and Customs (HMRC). It will provide digital transformation services to HMRC’s Customer Services Group (CSG), including the Customer Compliance Group (CCG). Netcompany was selected following a competitive procurement process. 

“We are proud and honoured to be selected to bring our expertise and knowledge to bear in helping enable HMRC’s digitalisation journey,” says André Rogaczewski, CEO, Netcompany. “Improving citizen experience through responsible digitalisation of public services is a core part of our DNA. Through this partnership, Netcompany looks forward to working with HMRC to help realise their digital transformation aspirations, resulting in both better customer services and value to the taxpayer.” 
The contract Netcompany has been awarded to deliver aims to simplify access and management of citizens’ tax affairs, through one personalised digital account. The contract was won through the first phase of competitions run under Crown Commercial Service’s (CCS) Digital and Legacy Application Services (DALAS) framework, Lot 2a – Large Scale Digital, Integration and Development Services.
About Netcompany
Founded in Denmark in 2000, Netcompany is a fast-growing, multinational company, working across 10 countries, with a team of more than 7,700 skilled professionals, who drive sustainable digitisation, consistently improving outcomes for our customers and citizens. Netcompany provides mission-critical IT solutions for societal and business needs, aiding our clients in their digital evolution towards a more efficient and sustainable future. Netcompany UK has extensive experience of working across the public sector, including NHS England, Ministry of Defence, Home Office, HMRC, Department for Education, Department for Environment, Food & Rural Affairs, as well as extensive private sector experience.
About Crown Commercial Service
Crown Commercial Service (CCS) is an Executive Agency of the Cabinet Office, supporting the public sector to achieve maximum commercial value when procuring common goods and services.
To find out more about CCS, visit: www.crowncommercial.gov.ukFollow us on Twitter: @gov_procurementLinkedIn: www.linkedin.com/company/2827044 
Logo: https://mma.prnewswire.com/media/2410706/Netcompany_Logo.jpg

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Bulletin from the extraordinary general meeting in SciBase Holding AB (publ)

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STOCKHOLM, May 13, 2024 /PRNewswire/ — Today, an extraordinary general meeting has been held in SciBase Holding AB (publ) (“SciBase” or the “Company”). The general meeting resolved in accordance with the proposals presented in the notice to attend the meeting (which is available on the Company’s website (www.scibase.com)).

Amendment of the articles of association
The general meeting resolved, in accordance with the board of directors’ three proposals, to amend §§ 4-5 of the articles of association, entailing:
that the articles of association shall be amended so that the share capital shall be not less than SEK 10,065,000 and not more than SEK 40,260,000 and that the number of shares shall be not less than 201,300,000 and not more than 805,200,000,that the articles of association shall be amended so that the share capital shall be not less than SEK 10,780,000 and not more than SEK 43,120,000 and that the number of shares shall be not less than 215,600,000 and not more than 862,400,000, andthat the articles of association shall be amended so that the share capital shall be not less than SEK 11,500,000 and not more than SEK 46,000,000 and that the number of shares shall be not less than 230,000,000 and not more than 920,000,000.The general meeting further resolved, in a accordance with the board of directors’ proposal,  to authorize the board of directors to register with the Swedish Companies Registration Office the above resolution to amend the Articles of Association, the limits of which for the minimum and maximum number of shares in the Company are consistent with the total number of shares in the Company after the rights issue announced on 5 April 2024 and the directed issues of units that the board of directors resolved upon on 5 April 2024 (that were conditional upon the subsequent approval of the general meeting).
Directed issues
The general meeting resolved, in accordance with the board of directors’ proposal, to approve the resolution made by the board of directors on 5 April 2024, on a new issue of a maximum of 74,136,510 units to Ribbskottet AB, Per Olof Ejendal AB, Kåre Gilstring, Robert Molander, MLJK Konsult AB, Klintemar Konsult AB, Jesper Hoiland, Fredrik Mattsson, Stefan Hansson, Theodor Invest AB, Ulti AB, Van Herk Investments B.V., Morningside Group AB, Viktor Drvota and Eric Terhaerdt. The subscription price for each unit is SEK 0.42, corresponding to a subscription price of SEK 0.42 per share. Warrants of series TO 2 are issued free of charge. The issue results in an increase in the number of shares in the Company of a maximum of 74,136,510 shares, entailing a maximum increase of the share capital of SEK 3,706,825.50, and a new issue of a maximum of 370,682,550 warrants of series TO 2 entitling to subscription of 370,682,550 shares in the Company, whereby the share capital may increase by an additional maximum of SEK 18,534,127.50 if all issued warrants of series TO 2 are exercised. In total, the share capital may increase by a maximum of SEK 22,240,953.00.
The general meeting further resolved in accordance with the board of directors’ proposal to approve the resolution made by the board of directors on 5 April 2024, on a new issue of a maximum of 3,755,259 units to Matt Leavitt. The subscription price for each unit is SEK 0.42, corresponding to a subscription price of SEK 0.42 per share. Warrants of series TO 2 are issued free of charge. The issue results in an increase in the number of shares in the Company of a maximum of 3 755 259 shares, entailing a maximum increase of the share capital of SEK 187,762.95, and a new issue of a maximum of 18,776,295 warrants of series TO 2 entitling to subscription of 18,776,295 shares in the Company, whereby the share capital may increase by an additional maximum of SEK 938,814.75 if all issued warrants of series TO 2 are exercised. In total, the share capital may increase by a maximum of SEK 1,126,577.70.
For additional information, please contact:Pia Renaudin, VD, tel. +46732069802, e-mail: [email protected] Advisor (CA):Vator SecuritiesTel: +46 8 580 065 99Email: [email protected]
About SciBase:
SciBase is a global medical technology company, specializing in early detection and prevention in dermatology. SciBase develops and commercializes Nevisense, a unique point-of-care platform that combines AI (artificial intelligence) and advanced EIS technology to elevate diagnostic accuracy, ensuring proactive skin health management.
Our commitment is to minimize patient suffering, allowing clinicians to improve and save lives through timely detection and intervention and reduce healthcare costs.
Built on more than 20 years of research at Karolinska Institute in Stockholm, Sweden, SciBase is a leader in dermatological advancements.
The Company has been on the Nasdaq First North Growth Market exchange since June 2, 2015. Learn more at www.scibase.com. All press releases and financial reports can be found here: http://investors.scibase.se/en/pressreleases
This information was brought to you by Cision http://news.cision.com.
https://news.cision.com/scibase/r/bulletin-from-the-extraordinary-general-meeting-in-scibase-holding-ab–publ-,c3977529
The following files are available for download:
https://mb.cision.com/Main/12371/3977529/2790414.pdf
SciBase Bulletin EGM
 

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Experience Abu Dhabi Weixin Mini-Program: Your Gateway to Unforgettable Moments in Abu Dhabi

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ABU DHABI, UAE, May 13, 2024 /PRNewswire/ — Prepare for a memorable journey with the new Experience Abu Dhabi Weixin mini-program, brought to you by Experience Abu Dhabi, in partnership with Tencent Cloud.

Weixin is commonly known as ‘WeChat’ outside of China serves over a billion of monthly active users in the Chinese mainland. Tailored for Chinese visitors, the Weixin mini-program is packed with compelling features that range from interactive maps to itinerary planners – everything they would need to plan their Abu Dhabi experience at their fingertips.
The program not only provides Chinese visitors with first-hand official travel information but also specifically addresses their digital travel needs, offering map guidance and Chinese audio commentary services during the travel process.
The program also introduces ‘Khalifa’, a welcoming Emirati character who serves as Abu Dhabi’s first digital ambassador for culture and tourism. Khalifa isn’t just a tour guide, he’s your virtual companion, ready to engage in conversation and answer all visitor questions about Abu Dhabi!
Whether you’re looking for thrilling attractions, world-class restaurants or inspiring activities, Khalifa will provide personalised recommendations and insider tips to enhance your experience.
About Tencent Cloud
Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.
About the Department of Culture and Tourism – Abu Dhabi:
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) drives the sustainable growth of Abu Dhabi’s culture and tourism sectors and its creative industries, fuelling economic progress and helping to achieve Abu Dhabi’s wider global ambitions.
By working in partnership with the organisations that define the emirate’s position as a leading international destination, DCT Abu Dhabi strives to unite the ecosystem around a shared vision of the emirate’s potential, coordinate effort and investment, deliver innovative solutions, and use the best tools, policies and systems to support the culture and tourism industries.
DCT Abu Dhabi’s vision is defined by the emirate’s people, heritage and landscape. We work to enhance Abu Dhabi’s status as a place of authenticity, innovation, and unparalleled experiences, represented by its living traditions of hospitality, pioneering initiatives and creative thought.
For more information about the Department of Culture and Tourism – Abu Dhabi and the destination, please visit: dct.gov.ae and visitabudhabi.ae 

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