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The latest research study “Ultrasound Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global ultrasound devices market size reached US$ 8.36 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 11.74 Billion by 2027 exhibiting a growth rate (CAGR) of 5.65% during 2022-2027.
Ultrasound devices represent equipment that are used for recording real-time images of the body using high-frequency sound waves. They help medical professionals to diagnose problems in the eyes, gallbladder, bladder, kidneys, liver, ovaries, pancreas, spleen, thyroid, testicles, uterus, blood vessels, etc., without incision. Furthermore, these devices assist in viewing a developing fetus during pregnancy as ultrasound does not rely on radiation as compared to other imaging techniques. As such, they are utilized to examine a breast lump, guide a needle for biopsy or tumor treatment, check the thyroid gland, find genital and prostate problems, evaluate metabolic bone diseases, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Ultrasound Devices Market Trends and Drivers:
The increasing prevalence of chronic and lifestyle disorders is primarily driving the ultrasound devices market. Additionally, the widespread adoption of these instruments in 3D imaging, shear wave elastography, development of wireless transducers, fusion with CT or MR, etc., is also catalyzing the market growth.
Besides this, the escalating demand for handheld ultrasound devices to treat critical care patients in crowded hospitals, owing to their speed, portability, ease of use, etc., is acting as another significant growth-inducing factor. Moreover, the rising integration of numerous advanced technologies, including artificial intelligence (Al) with ultrasound devices to automate time-consuming processes, such as quantification and selecting the best image slice from a 3D dataset, is bolstering the global market.
Apart from this, the inflating popularity of minimally invasive surgery, on account of less pain, shorter hospital stays, fewer complications, etc., is anticipated to fuel the ultrasound devices market over the forecasted period.
Ultrasound Devices Market Report Scope
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Product Type, Device Display Type, Device Portability, Application and End use
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Canon Medical Systems Corporation (Canon Inc.), CHISON Medical Technologies Co. Ltd., Esaote SpA, Fujifilm Holdings Corporation, General Electric Company, Hologic Inc., Konica Minolta Inc., Koninklijke Philips N.V., Samsung Medison Co. Ltd. (Samsung Electronics Co. Ltd.), Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Siemens Healthcare GmbH (Siemens AG) and Trivitron Healthcare.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
The report has been segmented the market into following categories:
o 3D and 4D Imaging Systems
o High-Intensity Focused Ultrasound (HIFU)
o Extracorporeal Shockwave Lithotripsy (ESWL)
Breakup by Device Display Type:
• Black and White (B/W) Ultrasound Devices
List of Major Key Players:
The major players in the market are
Click here to view detailed information with table of content: https://www.imarcgroup.com/ultrasound-devices-market
Market Performance (2016-2021) Market Outlook (2022- 2027) Porter’s Five Forces Analysis Market Drivers and Success Factors WOT Analysis Value Chain Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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