Market

Verasonics was founded to satisfy an unmet need in research as well as emerging and traditional ultrasound markets. The $1.2 billion and growing U.S. ultrasound market continues to differentiate into many specialty applications such as Elastography and therapeutics such as High Frequency Ultrasound. The time to market for new ultrasound systems and applications generally takes several years due mainly to technical complexity and clinical regulations. Customers have selected Verasonics technology because of its clear competitive advantage.

Verasonics Solution

• Software-based ultrasound system that performs high quality imaging for a fraction of the cost of conventional systems permits implementation of new imaging modes that are not currently feasible on other platforms

• Provides an environment for the R&D of new ultrasound imaging approaches/modalities (by providing user control of transmit and receive acquisition parameters and all subsequent data processing, including beamforming)

• Simplifying the development process

• Improving time to market

• Decreasing development and product cost

Several of our customers have used the Verasonics prototype system for their new application and later designed targeted products based on Verasonics technology.

Research customers find the Verasonics prototype system to be very flexible and easy to program and acquire data using its simple MATLAB interface. The same MATLAB scripts run on both the Verasonics software simulator and on the actual system.

Verasonics markets its technology by licensing, marketing OEM hardware and software, and by providing consulting services if needed.