Press release
Doppler Ultrasound Market: On the Path to Steady Growth with $2.88 Billion Projection by 2029 and Major Driving Factors
Doppler Ultrasound Market Size
Driven by numerous factors such as healthcare system adoptions, research and clinical studies, we foresee a promising outlook for the Doppler Ultrasound market:
- The market has experienced steady growth, from $2.32 billion in 2024, expected to reach $2.39 billion in 2025, marking a compound annual growth rate (CAGR) of 2.9%.
- Contributing to this growth are several factors, including improvements in image processing, evolving vascular and venous imaging, and advancements in prenatal care.
- Looking further into the future, the market is predicted to hit $2.88 billion in 2029, growing at a CAGR of 4.8%.
- The forecasted growth in this period can be attributed to several influences, including market expansion in developing regions, increased demand for non-invasive diagnostics, an expanding geriatric population, growth in chronic diseases, and advancements in prenatal care.
What Is Fueling the Doppler Ultrasound Market Growth?
The continuous rise in chronic diseases is the key driver of the Doppler Ultrasound market. Chronic diseases last a year or more and require ongoing medical attention, significantly limiting daily activities. Doppler ultrasounds are increasingly utilized in assessing chronic conditions due to their non-invasive, safe, and cost-effective nature. The rising incidence of these chronic diseases, such as reported by Eurostat in 2023 where over one-third of the EU population experienced a prolonged chronic health condition in 2022, is fueling the Doppler Ultrasound market growth.
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Who Are the Key Players Driving Doppler Ultrasound Market Growth?
The Doppler Ultrasound Market is steered by major companies including:
- General Electric Company
- Hitachi Limited
- Samsung Electronics Co. Ltd.
- FUJIFILM Holdings Corporation
- Koninklijke Philips N.V.
- Siemens Healthcare Private Limited
- Analogic Corporation
- Canon Inc.
- Esaote SpA
- Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
- Toshiba Corporation
- Mindray Medical International Limited
- Trivitron Healthcare Private Limited
- CIMON Medical AS
- NovaSignal Corporation
- Clarius Mobile Health Corp.
- Terason Corporation
- Sonoscape Medical Corporation
- Shantou Institute of Ultrasonic Instruments Co. Ltd.
- Chison Medical Imaging Co. Ltd.
- Signostics Limited
- Alpinion Medical Systems Co. Ltd.
- MedGyn Products Inc.
- Natus Medical Incorporated
- Neoventa Medical AB
What Are The Key Trends In The Doppler Ultrasound Market?
The forecast period sees several key trends contributing to market growth:
- Enhanced imaging resolution
- Uptake of portable and handheld devices
- Integration of artificial intelligence (AI)
- Expanding applications in cardiology
- Increased focus on vascular imaging
- Proliferation of Doppler ultrasound for vascular imaging and evaluation of b
In What Segments Is The Global Doppler Ultrasound Market Divided?
The global Doppler Ultrasound market can be segmented into:
- By Device: Trolley-Based, Handheld
- By Application: Radiology, Obstetrics, Gynecology, Cardiology, Other Applications
- By End User: Diagnostic Centers, Maternity Centers, Ambulatory Care Centers, Research and Academia, Other End Users
Which Region Leads The Doppler Ultrasound Market?
North America was the largest region contributing to the Doppler Ultrasound market in 2024. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What is covered in the Doppler Ultrasound Market Global Market Report?
- Market Size Analysis: Analyze the Doppler Ultrasound Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Doppler Ultrasound Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Doppler Ultrasound Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Doppler Ultrasound Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements and new product launches in the market.
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