Ultrasound Market - Global Industry Analysis

Ultrasound Market (Cart/Trolley Based Ultrasound Devices and Compact Ultrasound Devices) By Technology, (2D, 3D, 4D Doppler and Other), By Application (Radiology, Cardiology, Urology, Gastroenterology, Gynecology and Others) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Published Date: 19-Jul-2016 Category: Pharmaceutical Report Format : PDF Report Code: ZMR-48 Status : Published

Global ultrasound market expected to reach USD 6.90 billion in 2021, growing at a CAGR of 5.5% during 2016 and 2021.

Description

The report covers forecast and analysis for the ultrasoundmarket on a global and regional level. The study provides historicdata of 2015 along with a forecast from 2016 to 2021 based onrevenue (USD Billion). The study includes drivers and restraintsfor the ultrasound market along with the impact they have on thedemand over the forecast period. Additionally, the report includesthe study of opportunities available in the ultrasound market on aglobal level.

In order to give the users of this report a comprehensive viewon the ultrasound market, we have included a detailed segmentationof ultrasound market. To understand the competitive landscape inthe market, an analysis of Porter’s Five Forces model for theultrasound market has also been included. The study encompasses amarket attractiveness analysis, wherein product segments, andprocessed product segments are benchmarked based on their marketsize, growth rate, and general attractiveness.

Global Ultrasound Market

The study provides a decisive view on the ultrasound market bysegmenting the market based on product, technology, application andregions. Ultrasound product segment includes cart/trolley basedultrasound devices and compact ultrasound devices. 2D, 3D, 4Dultrasound, doppler and other are technology segment of ultrasoundmarket.All the segments have been analyzed based on present andfuture trends and the market is estimated from 2015 to 2021. Theultrasound application segment includes radiology, cardiology,urology, gastroenterology, gynecology and others. The regionalsegmentation includes the current and forecast demand for NorthAmerica, Europe, Asia-Pacific and Rest of the world. Thissegmentation includes demand for alcohol based disinfectant basedon individual applications in all the regions.

Key players included in the report are Siemens AG, GEHealthcare, Analogic Corporation, FUJIFILM Holdings Corporation,Mindray Medical International Ltd, EsaoteSpA, Hitachi Ltd, andamong others.

Report Scope:  

Report AttributeDetails
Base Year2020
Historic Years2016 - 2020
Forecast Years2021 - 2028
Segments CoveredBy Product Type, By Application, and By End Use
Forecast UnitsValue (USD Billion), and Volume (Units)
Quantitative UnitsRevenue in USD million/billion and CAGR from 2021 to 2028
Regions CoveredNorth America, Europe, Asia Pacific, Latin America, and MiddleEast & Africa, and Rest of World
Countries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain,China, India, Japan, South Korea, Brazil, Argentina, GCC Countries,and South Africa, among others
Number of Companies Covered10 companies with scope for including additional 15 companiesupon request
Report CoverageMarket growth drivers, restraints, opportunities, Porter’s fiveforces analysis, PEST analysis, value chain analysis, regulatorylandscape, market attractiveness analysis by segments and region,company market share analysis, and COVID-19 impact analysis.
Customization ScopeAvail customized purchase options to meet your exact researchneeds.

The report segments the global ultrasound market as:

Ultrasound Market: Product Segment Analysis

  • Cart/trolley based ultrasound devices
  • Compact ultrasound devices

Ultrasound Market:  Technology SegmentAnalysis

  • 2D Ultrasound
  • 3D Ultrasound
  • 4D Ultrasound
  • Doppler
  • Other

Ultrasound Market:  Application SegmentAnalysis

  • Radiology
  • Cardiology
  • Urology
  • Gastroenterology
  • Gynecology
  • Others

Ultrasound Market: Regional SegmentAnalysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global ultrasound market, 2015 - 2021, (USD Billion)
    • 2.2. Ultrasound: Market snapshot
  • Chapter 3. Ultrasound Market: Industry Analysis
    • 3.1. Ultrasound: Market dynamics
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Increasing incidences of chronic diseases
      • 3.3.2. Innovation in technology
      • 3.3.3. Growing demand for ultrasound devices
      • 3.3.4. Growing demand from healthcare industry for disease diagnosis
    • 3.4. Restraints
      • 3.4.1. Expensive Procedures
      • 3.4.2. Unfavorable healthcare amendments in regulations
    • 3.5. Opportunity
      • 3.5.1. Advancing technologies and ongoing research
    • 3.6. Porter’s Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market attractiveness analysis by product segment
      • 3.7.2. Market attractiveness analysis by application segment
      • 3.7.3. Market attractiveness analysis by regional segment
  • Chapter 4. Global Ultrasound Market: Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global ultrasound market: company market share, 2015
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Product and Regional Expansion
    • 4.3. Price Trend Analysis
    • 4.4. Product Portfolio
    • 4.5. Patent Analysis (2011-2016)
      • 4.5.1. Patent Trend
      • 4.5.2. Patent Share by company
      • 4.5.3. By Region
  • Chapter 5. Global Ultrasound Market: Product Overview
    • 5.1. Global ultrasound market share, by product, 2015 and 2021
    • 5.2. Global cart/trolley based ultrasound devices ultrasound market, 2015 – 2021 (USD Billion)
    • 5.3. Global compact ultrasound devices ultrasound market, 2015 - 2021 (USD Billion)
  • Chapter 6. Global Ultrasound Market: Technology Overview
    • 6.1. Global ultrasound market share, by technology, 2015 and 2021
    • 6.2. Global ultrasound market for 2D Ultrasound, 2015 - 2021 (USD Billion)
    • 6.3. Global ultrasound market for 3D Ultrasound, 2015 - 2021 (USD Billion)
    • 6.4. Global ultrasound market for 4D Ultrasound, 2015 - 2021 (USD Billion)
    • 6.5. Global ultrasound market for Doppler, 2015 - 2021 (USD Billion)
    • 6.6. Global ultrasound market for other, 2015 - 2021 (USD Billion)
  • Chapter 7. Global Ultrasound Market: Application Overview
    • 7.1. Global ultrasound market share, by application, 2015 and 2021
    • 7.2. Global ultrasound market for radiology, 2015 - 2021 (USD Billion)
    • 7.3. Global ultrasound market for cardiology, 2015 - 2021 (USD Billion)
    • 7.4. Global ultrasound market for urology, 2015 - 2021 (USD Billion)
    • 7.5. Global ultrasound market for gastroenterology, 2015 - 2021 (USD Billion)
    • 7.6. Global ultrasound market for gynecology, 2015 - 2021 (USD Billion)
    • 7.7. Global ultrasound market for others, 2015 - 2021 (USD Billion)
  • Chapter 8. Global Ultrasound Market: Regional Analysis
    • 8.1. Global ultrasound market: Regional overview
      • 8.1.1. Global ultrasound market share, by region, 2015 and 2021
    • 8.2. North America
      • 8.2.1. North America ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
      • 8.2.2. North America ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
      • 8.2.3. North America ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
      • 8.2.4. U.S.
        • 8.2.4.1. U.S. ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
        • 8.2.4.2. U.S. ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
        • 8.2.4.3. U.S. ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
      • 8.3.2. Europe ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
      • 8.3.3. Europe ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
      • 8.3.4. UK
        • 8.3.4.1. UK ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
        • 8.3.4.2. UK ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
        • 8.3.4.3. UK ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
      • 8.3.5. France
        • 8.3.5.1. France ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
        • 8.3.5.2. France ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
        • 8.3.5.3. France ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
      • 8.3.6. Germany
        • 8.3.6.1. Germany ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
        • 8.3.6.2. Germany ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
        • 8.3.6.3. Germany ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia-Pacific ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
      • 8.4.2. Asia-Pacific ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
      • 8.4.3. Asia-Pacific ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
      • 8.4.4. China
        • 8.4.4.1. China ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
        • 8.4.4.2. China ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
        • 8.4.4.3. China ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
      • 8.4.5. Japan
        • 8.4.5.1. Japan ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
        • 8.4.5.2. Japan ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
        • 8.4.5.3. Japan ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
      • 8.4.6. India
        • 8.4.6.1. India ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
        • 8.4.6.2. India ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
        • 8.4.6.3. India ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
      • 8.5.2. Latin America ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
      • 8.5.3. Latin America ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
      • 8.5.4. Brazil
        • 8.5.4.1. Brazil ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
        • 8.5.4.2. Brazil ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
        • 8.5.4.3. Brazil ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
    • 8.6. Middle East & Africa
      • 8.6.1. Middle East & Africa ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
      • 8.6.2. Middle East & Africa ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
      • 8.6.3. Middle East & Africa ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1. Siemens AG
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. GE Healthcare
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. Analogic Corporation
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. FUJIFILM Holdings Corporation
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. Mindray Medical International Ltd
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
    • 9.6. Esaote SpA
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
    • 9.7. Hitachi Ltd
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
  • Chapter 10. Patents
    • 10.1. U.S. (US Patents)
    • 10.2. Europe (EP documents)
    • 10.3. Japan (Abstracts of Japan)
    • 10.4. Global (WIPO (PCT))

Table Of Figures

List of Figures

1. Global ultrasound market segmentation by product, technology, application, and geography
2. Global ultrasound market, 2015 - 2021 (USD Billion)
3. Value chain analysis: Ultrasound market
4. Porter’s five forces analysis: Ultrasound market
5. Market attractiveness analysis by product segment
6. Market attractiveness analysis by technology segment
7. Market attractiveness analysis by application segment 
8. Market attractiveness analysis by regional segment 
9. Global Ultrasound Market : Company Market Share, 2015 
10. Price Trend Analysis : Ultrasound 
11. Patent trend between 2011 -2016 
12. Patent Share by Company between 2011 - 2016 
13. Patent Share by Region between 2011 - 2016
14. Global ultrasound market share, by product, 2015 -2021
15. Global cart/trolley based ultrasound devicesultrasound market, 2015 - 2021(USD Billion)
16. Global compact ultrasound devicesultrasound market, 2015 - 2021 (USD Billion)
17. Global ultrasound market share, by technology, 2015 -2021
18. Global ultrasound market for 2D Ultrasound, 2015 - 2021 (USD Billion)
19. Global ultrasound market for 3D Ultrasound, 2015 - 2021 (USD Billion)
20. Global ultrasound market for 4D Ultrasound, 2015 – 2021 (USD Billion)
21. Global ultrasound market for doppler, 2015 - 2021 (USD Billion)
22. Global ultrasound market for other, 2015 - 2021 (USD Billion)
23. Global ultrasound market share, by application, 2015 -2021
24. Global ultrasound market for radiology, 2015 - 2021 (USD Billion)
25. Global ultrasound market for cardiology, 2015 - 2021 (USD Billion)
26. Global ultrasound market for urology, 2015 - 2021(USD Billion)
27. Global ultrasound market forgastroenterology, 2015 - 2021 (USD Billion)
28. Global ultrasound market for gynecology, 2015 - 2021 (USD Billion)
29. Global ultrasound market for others, 2015 – 2021(USD Billion)
30. Global ultrasound market share, by region, 2015 - 2021
31. North America ultrasound market, 2015 - 2021,(USD Billion)
32. U.S. ultrasound market, 2015 - 2021,  (USD Billion)
33. Europe ultrasound market, 2015 - 2021, (USD Billion)
34. UK ultrasound market, 2015–2021, (USD Billion)
35. France ultrasound market, 2015 - 2021, (USD Billion)
36. Germany ultrasound market, 2015 - 2021, (USD Billion)
37. Asia Pacific ultrasound market, 2015–2021, (USD Billion)
38. China ultrasound market, 2015 - 2021,  (USD Billion)
39. Japan ultrasound market, 2015–2021,  (USD Billion)
40. India ultrasound market, 2015 - 2021, (USD Billion)
41. Latin America ultrasound market, 2015-2021,  (USD Billion)
42. Brazil ultrasound market, 2015 - 2021,(USD Billion)
43. Middle East & Africa ultrasound market, 2015 - 2021, (USD Billion)


Table Of Tables

List of Tables

1. Global ultrasound market snapshot
2. Drivers for ultrasound market: Impact analysis
3. Restraints of ultrasound market: Impact analysis
4. North America ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
5. North America ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
6. North America ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
7. U.S. ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
8. U.S. ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
9. U.S. ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
10. Europe ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
11. Europe ultrasound market revenue, by technology, 2015 – 2021(USD Billion)
12. Europe ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
13. UK ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
14. UK ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
15. UK ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
16. France ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
17. France ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
18. France ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
19. Germany ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
20. Germany ultrasound market revenue, by technology, 2015 – 2021(USD Billion)
21. Germany ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
22. Asia-Pacific ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
23. Asia-Pacific ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
24. Asia-Pacific ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
25. China ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
26. China ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
27. China ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
28. Japan ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
29. Japan ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
30. Japan ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
31. India ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
32. India ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
33. India ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
34. Latin America ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
35. Latin America ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
36. Latin America ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
37. Brazil ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
38. Brazil ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
39. Brazil ultrasound market revenue, by application, 2015 – 2021 (USD Billion)
40. Middle East & Africa ultrasound market revenue, by product, 2015 – 2021 (USD Billion)
41. Middle East & Africa ultrasound market revenue, by technology, 2015 – 2021 (USD Billion)
42. Middle East & Africa ultrasound market revenue, by application, 2015 – 2021 (USD Billion)

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Ultrasound market. Zion Research has collected and analyzed key data belong to the global Ultrasound market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Ultrasound across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Ultrasound industry. Primary research makes up a major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Ultrasound market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Ultrasound is a kind of imaging process utilized to examine internal body organs. The machine transmits high-frequency sound waves, which reflect off body structures. A computer gets the waves and uses them to make a high-quality image of body parts, which makes it an excellent diagnostic technique. During pregnancy, doctors use ultrasound to see the fetal growth. Unlike CT scan and X-Ray, this test does not use ionizing radiation. An ultrasound inspection could be done for several reasons such as for diagnosis of disease, examination of abdominal or other body organs and assessment of any breast lump and among others.

Ultrasound technology is expected to improve in the forthcoming years. Increasing demand for ultrasonic devices worldwide is anticipated the growth of the market. Technical advancement in the ultrasound machine and novel technologies expected to boost market demand in near future. However, expensive procedures and unfavorable healthcare amendments in regulations are major factors restraining the market growth during the coming years.

The ultrasound market is segmented on the basis of product, technology, application and region. The product type segment for the ultrasound market includes cart/trolley based ultrasound devices and compact ultrasound devices. Among all, cart/trolley based ultrasound devices were the largest product segments that accounted for a significant share of global ultrasound market in 2015 and are expected to be the fastest growing segment for the coming years.A compact ultrasound device has been recognized as the highest emerging segment during the forthcoming years, owing to technological improvement and high efficiency of the device.

On the basis of technology, ultrasound market is segmented into 2D ultrasound, 3D ultrasound, 4D ultrasound, doppler and other ultrasound technology. Based on technology 3D and 4D ultrasound dominated the market and acquired around 40% of the overall market share in 2015. Radiology, cardiology, urology, gastroenterology, gynecology and others are the key application of the ultrasound market.Radiology segment is expected to expand at the fastest growth rate during the forecast period.

Geographically, ultrasound market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa.  Europe was the leading market in 2015 and is predictable to continue its dominance throughout the forecast period.North America is expected to exhibit productive growth by 2021 due fast innovations in technology and vast impending market. Among all regions, Asia Pacific region is one of the fastest growing regions for ultrasound market owing to increasing disposable income and growing awareness in rising economies such as India and China.

The report covers scenario including the company overviews, financial revenues of the key participants. Key players included in the report are Siemens AG, GE Healthcare, Analogic Corporation, FUJIFILM Holdings Corporation, Mindray Medical International Ltd, EsaoteSpA, Hitachi Ltd, and among others.

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