Ultrasound Market - Growth, Trends And Forecast (2021 - 2026) By Types, By Application, By Regions and By Key Players: GE, Philips, Siemens, Boston Scientific

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Ultrasound Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 6.3% during the review period (2022 to 2027).

Ultrasound Market Overview

The ongoing trend of the development of application-specific ultrasound devices is expected to boost the growth of ultrasound market in near future. Ultrasound market has witnessed a steady growth owing to the growing aging population and chronic illnesses; rising incidences of injuries in muscles, tendons, vessels, joints, and other internal organs; rising number of healthcare centers; and technological advancements in ultrasound devices. According to the American Heart Association (AHA), in the U.S., there were about 5.7 million adults who suffered from heart failure between 2009 and 2012. This number is expected to rise to 9.4 million by 2030 generating demand for various medical devices including ultrasound devices.

Industry News:

Philips Collaboration Live integrated tele-ultrasound expands FDA 510(k) clearance for remote diagnostic use to additional mobile platforms

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that Collaboration Live has received expansion of its U.S. Food & Drug Administration 510(k) market clearance for remote diagnostic use on additional mobile platforms. Available on Philips Ultrasound Systems EPIQ and Affiniti [1], Collaboration Live allows clinicians to collaborate in real-time with colleagues in order to complete image acquisition and diagnosis regardless of location.

What are the major Applications, Types and Regions for Ultrasound Market?

By Type, it is segmented into

• Hospital


• Clinic


• Others


• others

• By Applications


• 2D Ultrasound


• 3D & 4D Ultrasound


• Doppler Ultrasound       


• Others

Ultrasound Market Regional Analysis

North America is anticipated to hold the second-highest market share in the global market in 2020 owing to the constant focus of market players on new product development in the U.S and Canada. The U.S has witnessed new product launches and innovations in the equipment predominantly driven by the recent COVID-19 outbreak.

Europe is expected to register a significant CAGR during the forecast period owing to the widening pool of geriatric patients suffering from chronic diseases, along with the presence of well-established healthcare infrastructure in countries such as the U.K, Germany, and others.

All these factors greatly affect the Ultrasound Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Ultrasound Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Ultrasound Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Ultrasound Market report scope?

Key Takeaways from this Healthcare IT Report

• Evaluate Ultrasound Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Ultrasound Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Questions

What is the study period of this market?

The Ultrasound Market is studied from 2017 - 2027.

What is the growth rate of Ultrasound Market?

The Ultrasound Market is growing at a CAGR of 6.3% over the next 5 years.

Who are the key players in Ultrasound Market?

GE, Philips, Siemens, Boston Scientific, Toshiba, Carestream, VisualSonics (Fujifilm SonoSite), Mindray

What region does this Ultrasound Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Ultrasound Market?

Hospital, Clinic, Others,Others

What are the major Applications of Ultrasound Market?

2D Ultrasound, 3D & 4D Ultrasound, Doppler Ultrasound Others