Press release
Global Ultrasound Market Size Expected To Reach USD 12.2 Billion With CAGR 6.5% By 2030 : Report By GIS
The ultrasound market is a dynamic and rapidly evolving sector within the medical imaging industry, characterized by the use of high-frequency sound waves to generate real-time images of internal body structures. Widely employed for diagnostic imaging purposes, ultrasound technology offers a non-invasive and radiation-free approach to visualizing organs, tissues, and developing fetuses. The market spans a broad range of applications, including obstetrics and gynecology, cardiology, musculoskeletal imaging, and general medical diagnostics.
Market Outlook
The ultrasound market is anticipated to witness a robust and positive outlook in the coming years, driven by the continual advancements in technology and the expanding scope of applications across various medical disciplines. The market's growth trajectory is propelled by the increasing prevalence of chronic diseases, the rising global geriatric population, and the growing demand for non-invasive and radiation-free diagnostic imaging solutions. Obstetrics and gynecology continue to be significant contributors to the market, with ultrasound playing a crucial role in monitoring pregnancies. Moreover, the market is experiencing a shift towards more portable and handheld ultrasound devices, providing flexibility and accessibility in diverse healthcare settings, including point-of-care diagnostics. The integration of artificial intelligence and machine learning algorithms into ultrasound systems is enhancing diagnostic accuracy and efficiency, fostering a more precise and personalized approach to patient care.
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Research Objectives
Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
Identify factors influencing market growth and challenges, opportunities, drivers and restraints
Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segmentation
The ultrasound market exhibits a comprehensive segmentation to cater to diverse medical imaging needs and technological advancements. Geographically, the market is segmented to address regional variations in healthcare infrastructure and demand. Application-wise, it spans obstetrics and gynecology, cardiology, musculoskeletal imaging, general medical diagnostics, and others, reflecting the broad spectrum of clinical uses for ultrasound technology. The market is further categorized based on the type of ultrasound devices, including traditional cart-based systems and more portable or handheld devices, accommodating varying preferences and clinical settings.
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Major Players
The key players in the Global Ultrasound Market are GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), Canon Medical Systems Corporation (Japan)
Hitachi, Ltd. (Japan), Siemens Healthineers AG (Germany), Hologic, Inc. (US), FUJIFILM Holdings Corporation (Japan), Samsung Electronics Co., Ltd. (Korea), Mindray Medical International Limited (China), Carestream Health (US)
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Research Scope
Scope - Highlights, Trends, Insights. Attractiveness, Forecast
Market Sizing - Product Type, End User, Offering Type, Technology, Region, Country, Others
Market Dynamics - Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
Business Framework - Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
Competitive Landscape - Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
Company Profiles - Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
Market Size in 2023 - US$ 4.4 Billion
Market Size in 2033 - US$ 8.7 Billion
CAGR % - 7.1%
Historic Period - 2015-2023
Forecast Period - 2024-2033
Base Year - 2023
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With Global Insight Services, you receive :
10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Infographic excel data pack, easy to analyze big data
Robust and transparent research methodology
Unmatched data quality and after sales service
Contact Us :
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 15998
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
About Us :
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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