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Strong Growth Ahead: Contrast Enhanced Ultrasound Market Size To Grow At Arecord 5.7% Cagr By 2029
Contrast Enhanced Ultrasound
How Big Is the Contrast Enhanced Ultrasound Market Size Expected to Be by 2034?
In recent times, the market size for contrast enhanced ultrasound has experienced robust growth. The market is projected to expand from $2.05 billion in 2024 to an approximate $2.16 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.1%. Various factors contributed to this growth during the historic period, including improved diagnostic precision and sensitivity, non-invasive procedures and safety measures, a rising number of liver disease cases worldwide, a growing demographic of the aging population, and an increased inclination towards non-radiation techniques.
The market size for contrast enhanced ultrasound is predicted to witness robust growth in the coming years, reaching $2.69 billion by 2029, with a compound annual growth rate (CAGR) of 5.7%. The surge during the predicted period can be credited to increased cases of cardiovascular disorders, more uses in pediatric imaging, enlarged role in gastrointestinal imaging, heightened emphasis on precision medicine, and combination with artificial intelligence. Notable trends for the forecast period involve ongoing technological innovations, progress in ultrasound technology, widened use in oncology, amalgamation with multimodal imaging, real-time quantitative evaluations, and applications in pediatrics.
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What Are the Emerging Segments Within the Contrast Enhanced Ultrasound Market?
The contrast enhanced ultrasound market covered in this report is segmented -
1) By Product: Equipment, Contrast Agent
2) By Technology: Non-targeted, Targeted
3) By Application: Hospitals, Clinics, Other Applications
Subsegments:
1) By Equipment: Ultrasound Machines, Portable Ultrasound Devices
2) By Contrast Agent: Gas-filled Contrast Agents, Microbubble Contrast Agents, Lipid-based Contrast Agents
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What Long-Term Drivers Are Shaping Contrast Enhanced Ultrasound Market Trends?
The increasing incidence of chronic diseases is anticipated to fuel the expansion of the contrast-enhanced ultrasound market. These are long-lasting medical conditions that demand continuous supervision and treatment, for which contrast-enhanced ultrasound offers real-time, detailed images, thereby aiding in the effective long-term control. For example, the World Health Organization reported in September 2023 that out of 41 million global deaths, 74% were due to chronic or non-communicable diseases. This indicates that the escalating prevalence of such diseases will be a significant driver for the contrast-enhanced ultrasound market growth. Growth Driver for the Contrast-Enhanced Ultrasound Market: Influence of Ambulatory Surgical Centers
Who Are the Top Competitors in Key Contrast Enhanced Ultrasound Market Segments?
Major companies operating in the contrast enhanced ultrasound market report are General Electric Company, Bayer AG, Bristol-Myers Squibb Company, Siemens HealTH*Care GmbH, Koninklijke Philips N.V., Daiichi Sankyo Company Limited, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., J.B. Chemicals and Pharmaceuticals Ltd., Canon Medical Systems, Lantheus Medical Imaging Inc., Guerbet, Bracco Diagnostic Inc., Esaote S.p.A., Trivitron HealTH*Care Pvt. Ltd., BK Medical Holding Company Inc., Hitachi HealTH*Care, Chison Medical Technology Co. Ltd., SANOCHEMIA Pharmazeutika GmbH, SuperSonic Imagine SA, FUJIFILM Visualsonics Inc., Leriva Pharma SA, Samsung HealTH*Care, Jodas Expoim Pvt Ltd., nanoPET Pharma GmbH, Alpinion Medical Systems, Acusphere Inc., ContextVision AB, Teratech Corporation, Solstice Pharmaceuticals B.V.
What Contrast Enhanced Ultrasound Market Trends Are Gaining Traction Across Different Segments?
Leading firms in the contrast-enhanced ultrasound sector are innovating with advanced technologies such as super-resolution contrast-enhanced ultrasound (CEUS) technology to enhance the spatial resolution of CEUS imagery. The incorporation of these cutting-edge technologies in contrast-enhanced ultrasound boosts diagnostic potential, allowing healTH*Care practitioners to procure highly precise and comprehensive data about tissue and organ structure, function, and blood flow. For instance, in September 2023, Philips, a company based in the Netherlands known for designing and creating medical systems and consumer electronics, introduced the Philips Microvascular Imaging Super Resolution Contrast-Enhanced Ultrasound (CEUS). This innovative super-resolution CEUS technology employs sophisticated signal processing algorithms to heighten the spatial resolution of CEUS images. This aids in providing high-definition images of blood vessels and other anatomical structures, facilitating the diagnosis and treatment of various conditions, including cancer, liver disorders, and vascular diseases.
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Which Regions Are Becoming Hubs for Contrast Enhanced Ultrasound Market Innovation?
North America was the largest region in the contrast-enhanced ultrasound market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the contrast enhanced ultrasound market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Contrast Enhanced Ultrasound Market?
2. What is the CAGR expected in the Contrast Enhanced Ultrasound Market?
3. What Are the Key Innovations Transforming the Contrast Enhanced Ultrasound Industry?
4. Which Region Is Leading the Contrast Enhanced Ultrasound Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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