Rapid Integration of Artificial Intelligence in Ultrasound Fuels the Growth of the Global Next-Generation Ultrasound System Market

According to the MarkNtel Advisors’ research report, “Global Next-Generation Ultrasound System Market Analysis, 2021," the market is likely to grow at around 5% CAGR during 2021-26 due to the rising prevalence of chronic diseases worldwide entwined with a mounting geriatric population as this population group is highly prone to these diseases.

Besides this, surging government focus and investments toward enhancing healthcare facilities shall further optimistically impact the growth of the Global Next-Generation Ultrasound System Market. Further, the integration of technological advancements in the ultrasound device and surging demand for high-quality ultrasound systems for the medical field drive the market growth.

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Key questions answered in the study
1. What are the current and future trends in the Global Next-Generation Ultrasound System market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global Next-Generation Ultrasound System market?
5. What are the customer orientation, purchase behavior, and expectations from the Global Next-Generation Ultrasound System market service providers across various regions?

Hospitals Attained the Highest Market Share

Based on the End-User, the market segments into Hospitals, Diagnostics Laboratories and Imaging Centers, Clinics, and Ambulatory Surgical Center. Among these, the Hospital sector acquired the largest share in the Global Next-Generation Ultrasound System Market in the previous year and is likely to maintain its leading position over the forecast period. The segment growth is primarily due to the burgeoning number of ultrasound-based medical diagnoses performed in hospitals, increasing patient footfalls, and mounting demand for minimally invasive diagnostic.

"Global Next-Generation Ultrasound System Market Analysis, 2021" provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Next-Generation Ultrasound System providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

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Europe Exhibits Fastest Growth

Globally, the Europe region is likely to grow substantially over the forecast period in the Global Next-Generation Ultrasound System due to the surging number of ongoing research activities in the field of ultrasound and extensive applications of these ultrasound systems, early commercialization of the Next-Generation ultrasound devices in the region, and the significant amount of healthcare expenditure across the European countries. Therefore, Europe is likely to contribute to the growth of the Global Next-Generation Ultrasound System Market in the forecast period, reveals MarkNtel Advisors in their research report, "Global Next-Generation Ultrasound System Market Analysis, 2021."

According to MarkNtel Advisors, the major leading players in the Global Next-Generation Ultrasound System Market are BK Medical ApS (Analogic Corporation), Butterfly Network Inc., Canon Inc., Clarius Mobile Health, Esaote SpA, Fujifilm Holdings Corporation, General Electric Company, Healcerion Co. Ltd., Hitachi Ltd., Hologic Inc., Hologic, Inc., Koninklijke Philips N.V., Samsung Electronics Co. Ltd., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Shimadzu Corporation, and Siemens Healthineers AG.

Market Segmentation:
1. By Product Type (Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems {High-Intensity Focused Ultrasound, Extracorporeal Shock Wave Lithotripsy, Doppler Ultrasound})
2. By Technology (4D/3D Ultrasound Systems, 2D Ultrasound Systems, Fusion Imaging Tissue Harmonic Imaging)
3. By Application (General Imaging, Cardiovascular Imaging, Vascular Imaging, Obstetrics and Gynecology Imaging, Lung Imaging, Urology Imaging, Orthopedics Imaging, Others (kidney, Abdomen Imaging))
4. By Portability (Cart/Trolley Based Systems, Handheld Devices, and Wearable, Portable Systems)
5. By End-User (Hospitals, Diagnostics Laboratories and Imaging Centers, Clinics, Ambulatory Surgical Center)
6. By Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa)
7. By Country (U.S, Canada, Brazil, Mexico, Germany, France, The U.K, Spain, Russia, China, India, Japan, South Korea, UAE, Saudi Arabia, South Africa)
8. By Competitors (BK Medical ApS (Analogic Corporation), Butterfly Network Inc., Canon Inc., Clarius Mobile Health, Esaote SpA, Fujifilm Holdings Corporation, General Electric Company, Healcerion Co. Ltd., Hitachi Ltd., Hologic Inc., Hologic, Inc., Koninklijke Philips N.V., Samsung Electronics Co. Ltd., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Shimadzu Corporation, Siemens Healthineers AG)

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We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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