2025-2034 Ultrasound Systems Devices And Equipment Market Evolution: Disruptions, Innovations, and Untapped Opportunities

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What Is the Expected CAGR for the Ultrasound Systems Devices And Equipment Market Through 2025?
The market size for ultrasound systems devices and equipment has been on a steady incline during the recent years. Projected growth of the market takes it from $11.52 billion in 2024 to $11.96 billion in 2025, equating to a compound annual growth rate (CAGR) of 3.9%. The increase in this historical period is tied to several factors, namely non-invasive and radiation-free imaging, prenatal care along with obstetrics, applications within cardiology and vascular fields, and the advent of portable devices and point-of-care units.

What's the Projected Size of the Global Ultrasound Systems Devices And Equipment Market by 2029?
Expectations are that the ultrasound systems devices and equipment market will experience consistent growth in the coming years, with its size estimated to reach $13.72 billion in 2029. This equates a compound annual growth rate (CAGR) of 3.5%. The predicted growth during the forecasting period can be attributed to the development in emerging markets, regulatory support and reimbursement, the implementation of telemedicine and remote consultations, as well as value-based healare. The forecast period is also anticipated to see major trends such as the integration of artificial intelligence (AI), the usage of handheld and wireless ultrasound devices, advancements in 3D/4D imaging, and fusion imaging.

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Top Growth Drivers in the Ultrasound Systems Devices And Equipment Industry: What's Accelerating the Market?
The ultrasound systems device and equipment market's growth is significantly influenced by both public and private investments in ultrasonic device producing firms. The adequate capital provided by these contributions empowers these manufacturing firms to engage in research and development, fostering innovation and advancement in ultrasound devices. For instance, companies such as Sonoscape, Mindray, and SIUI in China have gained from a government-led initiative supporting local manufacturers. In addition, KKR, a private equity firm, opted to inject $35 million into Signostics Ltd, a well-known ultrasound device manufacturer in Australia. As a result, these investments spur not just technical ingenuity but also stimulate market growth.

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Which Fast-Growing Trends Are Poised to Disrupt the Ultrasound Systems Devices And Equipment Market?
The emergence of 3D/4D Ultrasound devices is a recent trend set to revolutionize the ultrasound devices and equipment market. The 3D/4D ultrasound device offers real-time, enhanced imaging of the internal anatomy or fetus, including real-time volumetric imaging capabilities. This technology also aids in conducting complicated surgeries. The 3D/4D ultrasound devices are also known for their enhanced image visualizing power, reduced examination duration, and less strain injury during surgeries. Toshiba's Aplio i900 Ultrasound machine exemplifies the application of this innovative 3D/4D technology.

What Are the Main 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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Which Top Companies are Driving Growth in the Ultrasound Systems Devices And Equipment Market?
Major companies operating in the ultrasound systems devices and equipment market include GE Healare, Siemens Healthineers, Philips Healare, 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, erfly 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 Healare, Laborie Medical Technologies Corp., Promed Group Co. Ltd., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Terason

Which Regions Will Dominate the Ultrasound Systems Devices And Equipment Market Through 2029?
Western Europe was the largest region in the global ultrasound systems devices and equipment market in 2024. 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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