Press release
Ultrasound Devices And Equipment Market Growth Analysis, Competitive Landscape Outlook and COVID-19 Impact Prediction 2023
The Business Research Company offers "Ultrasound Devices And Equipment Global Market Report 2020-30: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global ultrasound devices and equipment market is expected to decline from $9.7 billion in 2019 to $7.8 billion in 2020 at a compound annual growth rate (CAGR) of -19.7%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. The governments across the countries prioritized covid-19 screening and imaging is not routinely used to screen for COVID-19. Also, most of the factories manufacturing diagnostic imaging equipment such as X-ray systems, ultrasound systems, computed tomography (CT) scanners, and MRI systems and/or their components, are currently shutdown inorder to keep the staff safe and contain the spread. The market is then expected to recover and grow at a CAGR of 4.8% from 2021 and reach $11.7 billion in 2023.
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The ultrasound devices and equipment market consists of sales of ultrasound devices and equipment and related services. Ultrasound systems are machines used to see internal body structures based on the ultrasound application. Ultrasound systems are used in applications such as radiology/general imaging, orthopedic, cardiology, obstetrics/gynecology, vascular, urology, and other applications (breast imaging, hematology, anesthesiology, and emergency care).
Strict approvals and regulations by government bodies such as US Food and Drug Administration (FDA) is hampering the growth of Ultrasound system devices and equipment market. The manufacturers are required to comply several regulations in the form of device quality check, labeling, premarket approval, device investigation and reporting, apart from the regular registration process.
Ultrasound Devices And Equipment Market Segmentation:
By Type
1. Diagnostic Ultrasound Systems
2. Therapeutic Ultrasound Systems
By End User
1. Hospitals
2. Diagnostic Imaging & Surgical Centers
3. Ambulatory surgical centers (ASCs)
4. Clinics
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Few Points From Table Of Content
1. Executive Summary
2. Ultrasound Devices And Equipment Market Characteristics
3. Ultrasound Devices And Equipment Market Size And Growth
4. Ultrasound Devices And Equipment Market Segmentation
5. Ultrasound Devices And Equipment Market Regional And Country Analysis
……
25. Ultrasound Devices And Equipment Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Ultrasound Devices And Equipment Market
27. Ultrasound Devices And Equipment Market Trends And Strategies
28. Ultrasound Devices And Equipment Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the ultrasound devices and equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the ultrasound devices and equipment market are Esaote S.p.A, Carestream, Chison Medical Imaging, Mobisante, Fukuda Denshi Co. Ltd, Echometrix, Butterfly Network, ProDiagnose, eXo Imaging, Teenyco, Canon Medical Systems.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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