Ultrasound Devices Market Share, Size, Trends, Industry Analysis Report, By Product Type; By Portability (Compact/Handheld Devices, Cart/Trolley Devices); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032
The global ultrasound devices market size is expected treach USD 12.95 billion by 2032, according ta new study by Polaris Market Research. The report “Ultrasound Devices Market Share, Size, Trends, Industry Analysis Report, By Product Type; By Portability (Compact/Handheld Devices, Cart/Trolley Devices); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.
The increasing prevalence of chronic and lifestyle-related disorders has led ta rise in the adoption of ultrasound devices for diagnostic imaging and treatment. Additionally, the demand for minimally invasive surgical procedures has grown, and ultrasound devices are an important tool in providing real-time visualization of internal organs and tissues without invasive procedures.
Another critical factor driving the market growth is the technological advancements in ultrasound imaging techniques, particularly 3D and 4D ultrasound technology development. This has led tbetter accuracy and efficiency in diagnostic imaging, resulting in better patient outcomes. The market has alsseen increased demand for portable and handheld ultrasound devices, making this technology more accessible thealthcare providers in various settings.
Furthermore, ultrasound is considered a cost-effective and safe diagnostic tool compared tother imaging technologies, as it does not utilize ionizing radiation or magnetic fields. These factors are expected tdrive continued growth in the ultrasound devices market.
In recent years, the ultrasound devices market has experienced steady growth, driven by the increasing demand for portable and handheld ultrasound devices, particularly in emergency and critical care situations. Additionally, new technologies like 3D and 4D imaging have led tmore accurate diagnostic imaging. This growth has been expanded beyond traditional fields of medicine, as there has been an increase in the use of ultrasound in non-traditional areas such as veterinary medicine and agriculture.
Ultrasound Devices Market Report Highlights
Diagnostic devices segment accounted for the largest revenue share and will continue tgrow over the forecast period. Increasing the prevalence in the disorders, and demand for the treatment which raising the use of diagnostic devices.
Cart/trolley segment holds the largest revenue share in the market because it’s easy ttransport the machine tthe patient’s location, which helps tmajor ill patients tget diagnosis on their own place.
Radiology/general imaging segment is accounted for the highest revenue share and will continue its dominance over the projected period. Due tincreased use of ultrasound devices in diagnosis of abdominal disorders and alsraising the number of abdominal examinations.
Hospital segment dominated the market and holds the largest revenue share in market. because of installation of ultrasound devices in hospitals and growing the number of patients with lifestyle related diseases.
North America dominated the global market and will continue its dominance over the forecast period. Due tincreasing in the advanced technologies and increasing the adoption of ultrasound devices in the various medical applications.
The global key market players include Toshiba Medical Systems Corporation, SonaCare Medical, Analogic Corporation, GE Healthcare, Koninklijke Philips N.V., Philips Healthcare, Canon Medical Systems, Siemens AG, FUJIFILM Holdings Corporation Hitachi Medical Corporation, Esaote S.p.A. Samsung Medison, Shimadzu Corporation and Mindray Medical International Limited.
Polaris Market Research has segmented the Ultrasound Devices market report based on product type, portability, application, end-use, and region:
Ultrasound Devices, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)
Diagnostic Devices
2D Imaging Systems
3D & 4D Imaging Systems
Doppler Imaging
Interventional Devices
High-Intensity Focused Ultrasound
Low Intensity Pulsed Ultrasound
Extracorporeal Shockwave Lithotripsy
Ultrasound Devices, Portability Outlook (Revenue - USD Billion, 2019 - 2032)
Compact/Handheld Devices
Cart/Trolley Devices
Ultrasound Devices, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Obstetrics and Gynecology
Radiology/General Imaging
Cardiology
Urology
Vascular
Others
Ultrasound Devices, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
Hospitals
Diagnostic centres
Research centres
Others
Ultrasound Devices, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa