Global Ultrasonic Technology Market Growth (Status and Outlook) 2023-2029

Global Ultrasonic Technology Market Growth (Status and Outlook) 2023-2029

Ultrasonic devices are used to detect objects and measure distances. Ultrasound imaging or sonography is often used in medicine. In the nondestructive testing of products and structures, ultrasound is used to detect invisible flaws. Industrially, ultrasound is used for cleaning, mixing, and accelerating chemical processes.
LPI (LP Information)' newest research report, the “Ultrasonic Technology Industry Forecast” looks at past sales and reviews total world Ultrasonic Technology sales in 2022, providing a comprehensive analysis by region and market sector of projected Ultrasonic Technology sales for 2023 through 2029. With Ultrasonic Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ultrasonic Technology industry.
This Insight Report provides a comprehensive analysis of the global Ultrasonic Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ultrasonic Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ultrasonic Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ultrasonic Technology and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ultrasonic Technology.
The global Ultrasonic Technology market size is projected to grow from US$ 13770 million in 2022 to US$ 24560 million in 2029; it is expected to grow at a CAGR of 8.6% from 2023 to 2029.
The revenue of top ten players accounts about 76% of the total revenue in 2019.
There are mainly two type product of Ultrasonic Technology market: Detection and Power. Among them, the Detection occupies the largest share, and the sales share in 2019 is about 70%.
Geographically, the global Chemical Injection Skids market has been segmented into North America, Europe, China, Japan, Southeast Asia, and India. The North America held the largest share in the global market, its revenue of global market exceeds 29% in 2019. The next is Europe, occupying about 27% of the revenue market share in 2019.
The key players are GE Healthcare, Philips, Olympus Corporation, Siemens Healthineers, Hitachi, Canon Medical, Carestream, Mindray Medical, Samsung Electronics, Fujifilm, Fukuda Denshi, SonoScape Medical, Shimadzu Corporation, Esaote, Boston Scientific, Crest Group, SIUI, Tokyo Keiki, Analogic Corporation, and so on. Nordson is the largest manufacturer in this industry; its revenue of global market exceeds 28% in 2019.
Globally, North America has the largest market.
This report presents a comprehensive overview, market shares, and growth opportunities of Ultrasonic Technology market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Detection Ultrasound
Power Ultrasound
Segmentation by application
Diagnostic Ultrasound
Therapeutic Ultrasound
Nondestructive Testing
Ultrasonic Welding
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE Healthcare
Philips
Olympus Corporation
Siemens Healthineers
Hitachi
Canon Medical
Carestream
Mindray Medical
Samsung Electronics
Fujifilm
Fukuda Denshi
SonoScape Medical
Shimadzu Corporation
Esaote
Boston Scientific
Crest Group
SIUI
Tokyo Keiki
Analogic Corporation

Please note: The report will take approximately 2 business days to prepare and deliver.