Emerging Trends to Drive Ultrasound Systems Devices And Equipment Market Growth at 3.7% CAGR Through 2029

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Ultrasound Systems Devices And Equipment Market Size Growth Forecast: What to Expect by 2025?
In recent times, the ultrasound systems devices and equipment market has achieved consistent growth. The market, presently valued at $10.69 billion in 2024, is predicted to rise to $11.12 billion in 2025, recording a compound annual growth rate (CAGR) of 4.1%. The market's expansion during the historical period is credited to factors such as non-invasive and radiation-free imaging, services in prenatal and obstetric care, applications in cardiology and vascular areas, and the utilization of point-of-care and portable devices.

How Will the Ultrasound Systems Devices And Equipment Market Size Evolve and Grow by 2029?
The market size for ultrasound systems, devices, and equipment is predicted to experience consistent growth in the coming years, projecting a worth of $12.86 billion by 2029 at a compound annual growth rate (CAGR) of 3.7%. This forecasted growth can be accredited to the expansion in emerging markets, regulatory backing and reimbursement, the rise in telemedicine and remote consultations, and value-based healthcare. Key trends that are expected to have an impact during the forecast period consist of the incorporation of artificial intelligence (AI), the advent of handheld and wireless ultrasound tools, 3D/4D imaging, and fusion imaging.

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What Drivers Are Propelling the Growth of Ultrasound Systems Devices And Equipment Market Forward?
The increase in ultrasound systems device and equipment market can be attributed to the investments by both government and private enterprises in ultrasonic device manufacturing firms. These investments, both governmental and commercial, furnish sufficient capital for these manufacturing companies to engage in research, development, and the creation of innovative ultrasound devices. For instance, the growth of Chinese-based ultrasonic companies such as Sonoscape, Mindray, and SIUI was bolstered by government initiatives aimed at strengthening local manufacturing. In addition, KKR, a private equity firm, decided to inject $35 million into Signostics Ltd, an ultrasound device manufacturer based in Australia. These financial injections not only foster the creation of innovative devices but also stimulate market growth.

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Which Emerging Trends Are Transforming the Ultrasound Systems Devices And Equipment Market in 2025?
The latest trend shaping the ultrasound devices and equipment market is the advent of 3D/4D Ultrasound machines. These technologies deliver real-time enhanced imaging of the internal body structure or fetus, and also facilitate volume imagining in real-time. This can assist in executing intricate surgical procedures. Furthermore, the 3D/4D ultrasound device can elevate image visualization capabilities, diminish examination durations, and reduce injury strain during surgical interventions. For instance, Toshiba's Aplio i900 Ultrasound machine incorporates the 3D/4D technology.

What Are the Key Segments in the Ultrasound Systems Devices And Equipment Market?
The ultrasound systems devices and equipment market covered in this report is segmented -

1) By Type: Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems
2) By End User: Hospitals, Diagnostic Imaging And Surgical Centers, Ambulatory surgical centers (ASCs), Clinics
3) By Product: A-Mode, B-Mode Or 2D Mode, C-Mode, M-Mode, Doppler Mode, Pulse Inversion Mode, Harmonic Mode

Subsegments:
1) By Diagnostic Ultrasound Systems: 2D Ultrasound Systems, 3D and 4D Ultrasound Systems, Doppler Ultrasound Systems
2) By Therapeutic Ultrasound Systems: High-Intensity Focused Ultrasound (HIFU) Systems, Extracorporeal Shockwave Lithotripsy (ESWL) Systems, Low-Intensity Pulsed Ultrasound (LIPUS) Systems

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Who Are the Key Players Shaping the Ultrasound Systems Devices And Equipment Market's Competitive Landscape?
Major companies operating in the ultrasound systems devices and equipment market include GE HealthCare, Siemens Healthineers, Philips Healthcare, Mindray Medical International Ltd, Fujifilm Holdings Corporation, Hitachi Ltd, Toshiba Corporation, Samsung Electronics, Canon Medical Systems, Hologic Inc., Shantou Institute of Ultrasonic Instruments Co. Ltd, Analogic Corporation, Esaote S.p.A, Carestream Health, CHISON Medical Technologies Co.Ltd., Mobisante, Fukuda Denshi Co. Ltd, Echometrix, Butterfly Network, ProDiagnose, eXo Imaging, Teenyco, Sonosite, AnaSonic Bio-Medical, SonoScape, Roop Ultrasonix Ltd., Zonare Medical Systems, B K Medical ApS, Clarius Mobile Health, ContextVision AB, Delsona Therapeutics Inc., Edan Instruments Inc., Healcerion, KPI Healthcare, Laborie Medical Technologies Corp., Promed Group Co. Ltd., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Terason

What Geographic Markets Are Powering Growth in the Ultrasound Systems Devices And Equipment Market?
Western Europe was the largest region in the global ultrasound systems devices and equipment market in 2023. North America was the second-largest region in the ultrasound systems devices and equipment market report. The regions covered in the ultrasound systems devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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