Ultrasound Market Growth Projected to Reach USD 14.74 Billion by 2030 with a CAGR of 6.9%

𝐔𝐥𝐭𝐫𝐚𝐬𝐨𝐮𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The global ultrasound market was valued at USD 9.24 billion in 2023 and is expected to grow at a CAGR of 6.9%, reaching approximately USD 14.74 billion by 2030. Ultrasound technology, integral in medical diagnostics, is seeing extensive applications across various medical sectors, including obstetrics, cardiology, and musculoskeletal imaging. This growth is attributed to an increase in the prevalence of chronic diseases, technological advancements in ultrasound imaging, and the rising demand for minimally invasive diagnostic tools.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/8480/

𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam is experiencing a surge in demand for ultrasound devices due to its rapidly expanding healthcare sector. The country's growing elderly population and increasing prevalence of chronic conditions are driving this demand. Additionally, there has been a notable rise in the availability of affordable healthcare services, expanding the reach of ultrasound technology, particularly in rural areas.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

The Thai healthcare market is seeing growth in ultrasound technologies, driven by a shift toward preventative care and diagnostic imaging. There is a focus on upgrading existing healthcare infrastructure, especially in the public sector, to enhance diagnostic capabilities. Recent mergers between local players and global companies are expected to accelerate the adoption of advanced ultrasound technologies.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan continues to be a leader in ultrasound technology adoption, with innovations such as AI-integrated ultrasound systems. The market is driven by the aging population and increased healthcare spending. Japanese companies are leading in product innovations, including portable ultrasound devices, allowing for better point-of-care diagnostics.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/8480/

𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's ultrasound market is witnessing consolidation, as larger companies acquire smaller local players to expand their product portfolios and improve market penetration. This is particularly true in the field of diagnostic ultrasound systems used in obstetrics and cardiology.

𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore is at the forefront of integrating AI in medical imaging, including ultrasound. With government support for healthcare modernization, new ultrasound devices that incorporate AI for better image accuracy and faster diagnostics are being adopted. The country's healthcare sector is expected to continue benefiting from these technological advancements.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬

The US ultrasound market is experiencing substantial growth, with increasing demand for diagnostic imaging in the management of chronic diseases such as cardiovascular issues and diabetes. The rise in outpatient and primary care settings utilizing portable ultrasound systems is a key development.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/8480/

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe's ultrasound market is seeing trends such as the growing demand for minimally invasive surgical procedures and non-ionizing imaging techniques. Countries like Germany, the UK, and France are investing in advanced ultrasound devices to improve diagnostic accuracy and reduce healthcare costs.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐥𝐭𝐫𝐚𝐬𝐨𝐮𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭

𝐏𝐡𝐢𝐥𝐢𝐩𝐬 has recently acquired a major player in the handheld ultrasound sector, allowing it to expand its portable ultrasound offerings.
𝐆𝐄 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 continues to strengthen its market position through strategic partnerships and product innovations aimed at expanding its footprint in emerging markets.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

The introduction of AI in ultrasound devices is revolutionizing diagnostic imaging, allowing for better precision and speed.
Rising interest in refurbished ultrasound systems in low-resource settings presents a new opportunity for growth, particularly in emerging economies.

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐨𝐯𝐞𝐫𝐯𝐢𝐞𝐰, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝:https://www.maximizemarketresearch.com/market-report/global-ultrasound-market/8480/

𝐔𝐥𝐭𝐫𝐚𝐬𝐨𝐮𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐛𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲

Diagnostic Ultrasound
2D Ultrasound
3D & 4D Ultrasound
Doppler Ultrasound
Therapeutic Ultrasound
High-Intensity Focused Ultrasound (HIFU)
Extracorporeal Shockwave Lithotripsy (ESWL)

𝐛𝐲 𝐃𝐞𝐯𝐢𝐜𝐞 𝐃𝐢𝐬𝐩𝐥𝐚𝐲

Color Ultrasound
B/W Ultrasound

𝐛𝐲 𝐏𝐨𝐫𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲

Trolley/Cart-based Ultrasound Systems
Compact/Handheld Ultrasound Systems
Point-of-care (PoC) Ultrasound Systems

𝐛𝐲 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭

Transducers/ Probes
Curvilinear/ Convex Array Probes
Linear Array Probes
Phased Array Probes
Other Probes
Workstations
Other components

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 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

Radiology/General Imaging Applications
Obstetrics/Gynecology Applications
Cardiology Applications
Urology Applications
Vascular Applications
Orthopedic and Musculoskeletal Applications
Pain Management Applications
Others

𝐛𝐲 𝐄𝐧𝐝-𝐔𝐬𝐞𝐫

Hospitals, Surgical Centers, and Diagnostic Centers
Maternity Centers
Ambulatory Care Centers
Research and Academia
Other

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