Press release
Ultrasound Market to reach USD 11.25 Bn by 2029, emerging at a CAGR of 6.5 percent and forecast 2023-2029
Ultrasound Market
Witness the rapid evolution of ultrasound technology as a pivotal tool for medical image analysis, offering nonionizing, non-invasive energy with distinct advantages over other imaging modalities. Discover the expanding horizons of both basic and specialist ultrasound services, fueled by the need for accurate and dependable diagnostic ultrasonography.
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Ultrasound Market Research Methodology:
Our research journey commences with meticulous secondary research, aggregating data on key players' revenues through sources like the National Cancer Institute, CDC, and prominent industry reports. We complement this with insights from industry experts, including physicians and technology developers, through in-depth interviews, ensuring rigorous data validation and precise market segmentation.
What are Ultrasound Market Dynamics:
Uncover how the augmented usage of ultrasound equipment for diagnosis and therapy, coupled with the surging prevalence of chronic and lifestyle-related diseases, is catalyzing market growth. Witness how technical advancements in ultrasound imaging technology and the demand for minimally invasive surgery are revolutionizing the healthcare landscape.
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Ultrasound Market Regional Insights:
The North American region, commanding a substantial 30% market share in 2022, is poised for significant growth, driven by a robust presence of market players and a rising incidence of cancer cases. Recent collaborations, such as St. Luke's University Health Network and GE Healthcare's installation of 76 ultrasound machines, are further propelling the region's ultrasound market.
Experience the fastest CAGR growth in the Asia Pacific region during the forecast period, buoyed by a robust healthcare infrastructure, widespread medication adoption, increasing healthcare expenditures, and a surge in kidney stones and chronic diseases. Witness the widespread adoption of advanced ultrasound devices and a flourishing research landscape, setting the stage for remarkable market expansion.
What is Ultrasound Market Segmentation:
by Technology
1. Diagnostic Ultrasound
1.1 2D Ultrasound
1.2 3D & 4D Ultrasound
1.3 Doppler Ultrasound
2. Therapeutic Ultrasound
1.1 High-Intensity Focused Ultrasound (HIFU)
1.2 Extracorporeal Shockwave Lithotripsy (ESWL)
by Device Display
1. Color Ultrasound
2. B/W Ultrasound
by Portability
1. Trolley/Cart-based Ultrasound Systems
2. Compact/Handheld Ultrasound Systems
3. Point-of-care (PoC) Ultrasound Systems
by Application
1. Radiology/General Imaging Applications
2. Obstetrics/Gynecology Applications
3. Cardiology Applications
4. Urology Applications
5. Vascular Applications
6. Orthopedic and Musculoskeletal Applications
7. Pain Management Applications
8. Other Applications (hepatology, neurology, bariatric surgery, breast imaging, and emergency care, among others)
by Component
1. Transducers/ Probes
1.1 Curvilinear/ Convex Array Probes
1.2 Linear Array Probes
1.3 Phased Array Probes
1.4 Other Probes
2. Workstations
3. Other components
by End User
1. Hospitals, Surgical Centers, and Diagnostic Centers
2. Maternity Centers
3. Ambulatory Care Centers
4. Research and Academia
5. Other End Users (physiotherapy clinics, independent associations, government organizations, and sports academies, among others)
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Who are Ultrasound Market Key Players:
1. GE Healthcare (US)
2. Hologic, Inc (US)
3. Integra Medical Systems LLC (US)
4. Analogic Corporation (US)
5. Carestream Health (US)
6. Medgyn Products, Inc (US)
7. United Imaging Healthcare Co., Ltd. (US)
8. Clarius Mobile Health (Canada)
9. Neusoft Corporation (China)
10. SonoScape Medical Corp. (China)
11. Mindray Medical International Limited (China)
12. Chison Medical Technologies Co., Ltd. (China)
13. CANON MEDICAL SYSTEMS CORPORATION (Japan)
14. Hitachi Ltd. (Japan)
15. FUJIFILM Holdings Corporation (Japan)
16. Konica Minolta, Inc (Japan)
17. Samsung Medison Co., Ltd. (South Korea)
18. CURA Healthcare (India)
19. Siemens Healthcare (Germany)
20. Esaote SpA (Italy)
21. Koninklijke Philips N.V. (Netherlands)
Table of content for the Ultrasound Market includes:
Global Ultrasound Market: Research Methodology :
Global Ultrasound Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Ultrasound Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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