Ultrasound Devices Market, By Product Type (2D Ultrasound, 3D Ultrasound, 4D Ultrasound, Doppler Ultrasound, and High Frequency Focused Ultrasound), By Application (Cardiology, Radiology, Musculoskeletal, Obstetrics/Gynecology, and Others), By Device Portability (Trolley/Stationary Devices and Portable/Compact Devices), By End User (Hospitals, Diagnostic Centers, Ambulatory Surgery Centers), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
The global ultrasound devices market is a rapidly expanding sector within the healthcare industry, driven by technological advancements and increasing demand for non-invasive diagnostic procedures. Ultrasound devices use high-frequency sound waves to create images of the inside of the body, aiding in the diagnosis and treatment of various medical conditions. These devices are widely used in several medical specialties, including cardiology, radiology, obstetrics and gynecology, and gastroenterology. The market is characterized by the presence of several key players who are focusing on research and development activities to introduce innovative and advanced ultrasound devices. The increasing prevalence of chronic diseases, such as cancer, growing geriatric population, and rising healthcare expenditure are some of the key factors propelling the growth of the market. Moreover, the advent of portable and compact ultrasound devices, which offer ease of use and convenience, is further boosting market growth. However, the high cost of advanced ultrasound devices and stringent regulatory policies are some of the factors that may hinder market growth. Despite these challenges, the market is expected to witness significant growth in the coming years, owing to the increasing adoption of ultrasound devices in emerging economies and the development of technologically advanced products. In conclusion, the global ultrasound devices market is poised for substantial growth, driven by technological advancements and rising demand for non-invasive diagnostic procedures. The market presents lucrative opportunities for key players to expand their product portfolio and strengthen their market position.
Market Dynamics:
The global ultrasound devices market is primarily driven by the aging global population and the subsequent rise in the incidence of chronic diseases and lifestyle disorders. Furthermore, factors such as the increasing use of ultrasound-guided vascular access procedures and rising caseloads of cancer and cardiac diseases are supporting market growth. Technological advancements in ultrasound systems, including the emergence of portable, intelligent devices with enhanced imaging capabilities, are further expanding the applications of ultrasound in clinical practice. However, the high cost of specialized systems, dearth of skilled technicians, and limited evidence on the clinical efficacy of some therapies are some factors limiting the broader adoption of ultrasound devices.
Key features of the study:
This report provides an in-depth analysis of the global ultrasound devices market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global ultrasound devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include GE Healthcare, Koninklijke Philips N.V., Toshiba Medical Corporation, Hitachi Medical Corporation, Analogic Corporation, Fujifilm Corporation, Siemens Healthcare, Samsung Medison Co. Ltd., and Esaote S.p.A.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global ultrasound devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global ultrasound devices market
Global Ultrasound Devices Market Detailed Segmentation:
By Product Type:
2D Ultrasound
3D Ultrasound
4D Ultrasound
Doppler Ultrasound
High Frequency Focused Ultrasound
By Application:
Cardiology
Radiology
Musculoskeletal
Obstetrics/Gynecology
Others
By Device Portability:
Trolley/Stationary Devices
Portable/Compact Devices
By End User:
Hospitals
Diagnostic Centers
Ambulatory Surgery Centers
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Company Profile:
GE Healthcare
Koninklijke Philips N.V.
Toshiba Medical Corporation
Hitachi Medical Corporation
Analogic Corporation
Fujifilm Corporation
Siemens Healthcare
Samsung Medison Co. Ltd.
Esaote S.p.A.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Ultrasound Devices, By Product Type
Market Ultrasound Devices, By Application
Market Ultrasound Devices, By Device Portability
Market Ultrasound Devices, By End User
Market Ultrasound Devices, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Growing demand for minimally invasive procedures
Restraints
High cost of innovative devices
Opportunities
Adoption of artificial intelligence and augmented reality
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Ultrasound Devices Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Ultrasound Devices Market, By Product Type, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
2D Ultrasound
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
3D Ultrasound
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
4D Ultrasound
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Doppler Ultrasound
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
High Frequency Focused Ultrasound
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
6. Global Ultrasound Devices Market, By Application, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Cardiology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Radiology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Musculoskeletal
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Obstetrics/Gynecology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
7. Global Ultrasound Devices Market, By Device Portability, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Trolley/Stationary Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Portable/Compact Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
8. Global Ultrasound Devices Market, By End User, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Hospitals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Diagnostic Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Ambulatory Surgical Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
9. Global Ultrasound Devices Market, By Region, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2019 –2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Device Portability, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Device Portability, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Device Portability, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Device Portability, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Device Portability, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Device Portability, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030, (US$ Bn)
South Africa
Central Africa
North Africa
10. Competitive Landscape
GE Healthcare
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Koninklijke Philips N.V.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Toshiba Medical Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Hitachi Medical Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analogic Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Fujifilm Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Siemens Healthcare
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Samsung Medison Co. Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Esaote S.p.A.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
11. Section
Research Methodology
About us
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