Global Ultrasound Equipment Market 2024-2028

Global Ultrasound Equipment Market 2024-2028

The ultrasound equipment market is forecasted to grow by USD 2.98 bn during 2023-2028, accelerating at a CAGR of 6.25% during the forecast period. The report on the ultrasound equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by broader applications of ultrasound equipment, advancements in image quality, volumetric ultrasound, and new technologies, and focus on early diagnosis and preventive medicine.

Technavio's ultrasound equipment market is segmented as below:

By End-user

• Hospitals
• Imaging centers
• Research centers
• Others

By Product Type

• Stationary ultrasound equipment
• Portable ultrasound equipment

By Geographical Landscape

• North America
• Europe
• Asia
• Rest of World (ROW)

This study identifies the integration of artificial intelligence (AI) into ultrasound as one of the prime reasons driving the ultrasound equipment market growth during the next few years. Also, wireless technologies and launch of new products will lead to sizable demand in the market.

The report on the ultrasound equipment market covers the following areas:

• Ultrasound equipment market sizing
• Ultrasound equipment market forecast
• Ultrasound equipment market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ultrasound equipment market vendors that include Boston Scientific Corp., Canon Inc., Carestream Health Inc., Chison Medical Technologies Co. Ltd., ContextVision AB, Esaote Spa, FUJIFILM Corp., General Electric Co., GlobalMedia Group LLC, Healcerion Co. Ltd., Hitachi Ltd., Hologic Inc., Iljin Co. Ltd., Konica Minolta Inc., Koninklijke Philips N.V., Mindray Bio medical Electronics Co. Ltd., Samsung Electronics Co. Ltd., Shenzhen Bestman Instrument Co. Ltd., Siemens AG, SonoScape Medical Corp., Sonostar, Sumitomo Mitsui Financial Group, and Telemed Ultrasound. Also, the ultrasound equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.