United States Ultrasound Device Market, Size, Forecast 2023-2027, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis
United States Ultrasound Devices Market is surpassing to reach US$ 3.06 Billion by 2027 according to Renub Research. Ultrasound is considered one of the most valuable diagnostic tools in medical imaging since it is fast and less expensive. In addition, it is safer than other imaging technologies as it does not utilize ionizing radiation and magnetic field. The United States ultrasound devices market registering a CAGR of nearly 6.53% during the forecast period, 2022-2027.
Ultrasound uses high-frequency sound waves to take images of anatomical structures, which healthcare professionals interpret to detect abnormalities in a patient. This equipment diagnoses several chronic disorders related to vital body parts such as the blood vessels, heart in the abdomen, joints, and others. This technology is considered one of the fastest, safest, and non-invasive diagnostic procedures to examine internal organs.
Product Insights: Handheld Ultrasound Devices are expected to grow at a high CAGR
Based on product, the United States ultrasound market has been segmented into four parts, i.e., Trolley/Cart-Based, Compact/Handheld, and Point-of-Care (POC). Whereas, compact/handheld ultrasound devices are expected to grow at a high CAGR primarily due to the increased adoption of portable ultrasound devices for point-of-care applications. The United States ultrasound devices market was valued at US$ 2.23 Billion in 2022.
Technology Type: 3D & 4D Ultrasound Devices have bright Future
The U.S. ultrasound market is segmented into 2D, 3D/4D, and Doppler. The United States ultrasound market is likely driven by rising demand for diagnostic devices such as miniaturized 2D and 3D/4D. Furthermore, recent technological advancements, the introduction of innovative equipment, and the developing healthcare facilities in the United States have influenced key companies to develop quickly operable display devices. In addition, Four-dimensional (4D) ultrasound imaging technology is even more convenient for healthcare specialists such as gynecologists. Therefore, it increases research and development with key market players to drive the demand for a 3D ultrasound during the forecast period.
Application: Radiology Contributed the Highest Market Share
Based on Application, the United States ultrasound market is further segmented into Radiology/General Imaging Applications, Cardiology Applications, Obstetrics/Gynecology Applications, Vascular Applications, and Others. Radiology contributed the highest share, owing to the increased adoption of ultrasound devices for examining abdominal disorders. According to the American Heart Association (AHA), about 5.7 million adults in the U.S. suffered 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. The OB/GYN is expected to grow fastest due to the preferred diagnostic modality for gynecological problems and obstetrics.
End User: Hospitals dominated the Ultrasound Market in United States
By End User, The hospitals dominated the ultrasound market and held the largest revenue share and further expected to maintain their lead over the forecast period. The hospital segment will grow due to an increasing number of patients visiting hospitals with various lifestyle-related disorders and the rise in the adoption of new advanced imaging systems. In addition, the growing acquisitions between hospitals and market players will likely boost the demand for new installations of ultrasound machines in the coming years. In addition, according to the American Cancer Society, cancer is the cause of most deaths in the United States, with over half a million fatalities in 2021.
Key Players
The market is concentrated with a few prominent players. Public and private companies are investing in Research & Development to advance technologies in the field of ultrasound imaging, as it is becoming one of the fundamental aspects of healthcare. Some key players are Koninklijke Philips NV, Siemens AG, Hologic, Inc., Samsung Electronics Co.Ltd, and Canon Medical Systems Corporation.
For instance, In February 2022, Butterfly Network, Inc. and Ambra Health announced a partnership to accelerate and simplify interoperability for bedside imaging data. This partnership strengthens the sharing of valuable ultrasound information across hospitals and health systems. In December 2021, EagleView ultrasound introduced its wireless portable ultrasound device, which provides much freedom for ultrasound imaging and makes the point-of-care solution more affordable.
Renub Research latest report “United States Ultrasound Device Market, By Product Type (Trolley/Cart-Based, Compact/Handheld&Point-of-Care (POC)), TechnologyType (2D, 3D, 4D, Doppler& Others), Application (Radiology/General Imaging, Obstetrics/Gynecology, Cardiology, Vascular and Others), End User (Hospitals, Surgical Centre’s, Ambulatory Care Centre’s& Others), company Analysis (Koninklijke Philips NV, Siemens AG, Hologic, Inc., Samsung Electronics Co.Ltd, and Canon Medical Systems Corporation)” provides a detailed analysis of United States Ultrasound Device Market.
Product Type – Global Ultrasound Device Market has been covered from 3 viewpoints
1. Trolley/Cart-Based
2. Compact/Handheld
3. Point-of-Care (POC)
Technology Type – Global Ultrasound Device Market has been covered from 5 viewpoints
1. 2D Imaging
2. 3D Imaging
3. 4D Imaging
4. Doppler
5. Others
Application – Global Ultrasound Device Market has been covered from 5 viewpoints
1. Radiology/General Imaging
2. Obstetrics/Gynecology
3. Cardiology
4. Vascular
5. Others
End User – Global Ultrasound Device Market has been covered from 4 viewpoints
1. Hospitals
2. Surgical Centre
3. Ambulatory Care Centre
4. Other
Company Insights:
• Overview
• Recent Development & Strategies
• Financial Insights
Company Covered:
1. Koninklijke Philips NV
2. Siemens AG
3. Hologic, Inc.
4. Samsung Electronics Co.Ltd
5. Canon Medical Systems Corporation
- 1. Introduction
- 2. Research & Methodology
- 3. Executive Summary
- 4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
- 5. United States Ultrasound System Market
- 6. Market Share – United States Ultrasound System
- 6.1 By Products
- 6.2 By Technology
- 6.3 By Application
- 6.4 By End User
- 7. Products – United States Ultrasound Market
- 7.1 Trolley/Cart-Based Ultrasound Systems
- 7.2 Compact/Handheld Ultrasound Systems
- 7.3 Point-of-Care (POC) Ultrasound Systems
- 8. Technology – United States Ultrasound Market
- 8.1 2D Imaging
- 8.2 3D Imaging
- 8.3 4D Imaging
- 8.4 Doppler
- 8.5 Others
- 9. Application – United States Ultrasound Market
- 9.1 Radiology/General Imaging Applications
- 9.2 Cardiology Applications
- 9.3 Obstetrics/Gynaecology Applications
- 9.4 Vascular Applications
- 9.5 Others
- 10. End-user – United States Ultrasound Market
- 10.1 Hospitals
- 10.2 Surgical Centre’s
- 10.3 Ambulatory Care Centre’s
- 10.4 Others
- 11. Company Profiles
- 11.1 Koninklijkephilipsnv
- 11.1.1 Overview
- 11.1.2 Recent Developments
- 11.1.3 Sales Analysis
- 11.2 Siemens AG
- 11.2.1 Overview
- 11.2.2 Recent Developments
- 11.2.3 Sales Analysis
- 11.3 Hologic, Inc.
- 11.3.1 Overview
- 11.3.2 Recent Developments
- 11.3.3 Sales Analysis
- 11.4 Samsung Electronics Co. Ltd.
- 11.4.1 Overview
- 11.4.2 Recent Developments
- 11.4.3 Sales Analysis
- 11.5 Canon Medical Systems Corporation (Medical Sales)
- 11.5.1 Overview
- 11.5.2 Recent Developments
- 11.5.3 Sales Analysis
- List of Figures:
- Figure-01: United States – Ultrasound System Market (Million US$), 2018 – 2022
- Figure-02: United States – Forecast for Ultrasound System Market (Million US$), 2023 – 2027
- Figure-03: Product – Trolley/Cart-Based Ultrasound Systems Market (Million US$), 2018 – 2022
- Figure-04: Product – Forecast for Trolley/Cart-Based Ultrasound Systems Market (Million US$), 2023 – 2027
- Figure-05: Product – Compact/Handheld Ultrasound Systems Market (Million US$), 2018 – 2022
- Figure-06: Product – Forecast for Compact/Handheld Ultrasound Systems Market (Million US$), 2023 – 2027
- Figure-07: Product – Point-of-Care (POC) Ultrasound Systems Market (Million US$), 2018 – 2022
- Figure-08: Product – Forecast for Point-of-Care (POC) Ultrasound Systems Market (Million US$), 2023 – 2027
- Figure-09: Technology – 2D Imaging Market (Million US$), 2018 – 2022
- Figure-10: Technology – Forecast for 2D Imaging Market (Million US$), 2023 – 2027
- Figure-11: Technology – 3D Imaging Market (Million US$), 2018 – 2022
- Figure-12: Technology – Forecast for 3D Imaging Market (Million US$), 2023 – 2027
- Figure-13: Technology – 4D Imaging Market (Million US$), 2018 – 2022
- Figure-14: Technology – Forecast for 4D Imaging Market (Million US$), 2023 – 2027
- Figure-15: Technology – Doppler Market (Million US$), 2018 – 2022
- Figure-16: Technology – Forecast for Doppler Market (Million US$), 2023 – 2027
- Figure-17: Technology – Others Market (Million US$), 2018 – 2022
- Figure-18: Technology – Forecast for Others Market (Million US$), 2023 – 2027
- Figure-19: Application – Radiology/General Imaging Applications Market (Million US$), 2018 – 2022
- Figure-20: Application – Forecast for Radiology/General Imaging Applications Market (Million US$), 2023 – 2027
- Figure-21: Application – Cardiology Applications Market (Million US$), 2018 – 2022
- Figure-22: Application – Forecast for Cardiology Applications Market (Million US$), 2023 – 2027
- Figure-23: Application – Obstetrics/Gynaecology Applications Market (Million US$), 2018 – 2022
- Figure-24: Application – Forecast for Obstetrics/Gynaecology Applications Market (Million US$), 2023 – 2027
- Figure-25: Application – Vascular Applications Market (Million US$), 2018 – 2022
- Figure-26: Application – Forecast for Vascular Applications Market (Million US$), 2023 – 2027
- Figure-27: Application – Others Market (Million US$), 2018 – 2022
- Figure-28: Application – Forecast for Others Market (Million US$), 2023 – 2027
- Figure-29: End-user – Hospitals Market (Million US$), 2018 – 2022
- Figure-30: End-user – Forecast for Hospitals Market (Million US$), 2023 – 2027
- Figure-31: End-user – Surgical Centre’s Market (Million US$), 2018 – 2022
- Figure-32: End-user – Forecast for Surgical Centre’s Market (Million US$), 2023 – 2027
- Figure-33: End-user – Ambulatory Care Centre’s Market (Million US$), 2018 – 2022
- Figure-34: End-user – Forecast for Ambulatory Care Centre’s Market (Million US$), 2023 – 2027
- Figure-35: End-user – Others Market (Million US$), 2018 – 2022
- Figure-36: End-user – Forecast for Others Market (Million US$), 2023 – 2027
- Figure-37: koninklijke philips nv – Global Revenue (Billion US$), 2018 – 2022
- Figure-38: koninklijke philips nv – Forecast for Global Revenue (Billion US$), 2023 – 2027
- Figure-39: Siemens AG – Global Revenue (Billion US$), 2018 – 2022
- Figure-40: Siemens AG – Forecast for Global Revenue (Billion US$), 2023 – 2027
- Figure-41: Hologic, Inc. – Global Revenue (Billion US$), 2018 – 2022
- Figure-42: Hologic, Inc. – Forecast for Global Revenue (Billion US$), 2023 – 2027
- Figure-43: Samsung Electronics Co.Ltd – Global Revenue (Billion US$), 2018 – 2022
- Figure-44: Samsung Electronics Co.Ltd – Forecast for Global Revenue (Billion US$), 2023 – 2027
- Figure-45: Canon Medical Systems Corporation (Medical Sales) – Global Revenue (Billion US$), 2018 – 2022
- Figure-46: Canon Medical Systems Corporation (Medical Sales) – Forecast for Global Revenue (Billion US$), 2023 – 2027
- List of Tables:
- Table-01: United States – Ultrasound System Market Share by Product (Percent), 2018 – 2022
- Table-02: United States – Forecast for Ultrasound System Market Share by Product (Percent), 2023 – 2027
- Table-03: United States – Ultrasound System Market Share by Technology (Percent), 2018 – 2022
- Table-04: United States – Forecast for Ultrasound System Market Share by Technology (Percent), 2023 – 2027
- Table-05: United States – Ultrasound System Market Share by Application (Percent), 2018 – 2022
- Table-06: United States – Forecast for Ultrasound System Market Share by Application (Percent), 2023 – 2027
- Table-07: United States – Ultrasound System Market Share by End User (Percent), 2018 – 2022
- Table-08: United States – Forecast for Ultrasound System Market Share by End User (Percent), 2023 – 2027
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