Ultrasound Devices Market Size, Share, Growth Report 2030

Ultrasound Devices Market

Ultrasound Devices Market- By Product (Diagnostic and Therapeutic), By Portability (Handheld and Cart/Trolley), By End-Use (Hospitals, Imaging Centers, and Research Centers), and By Application (Cardiology, Obstetrics, Orthopedics, Vascular, and General Imaging): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2022–2028

Category: Medical Device Report Format : PDF Pages: 192 Report Code: ZMR-338 Published Date: Mar-2022 Status : Published

The global Ultrasound Devices Market accrued earnings worth approximately 6.01 (USD Billion) in 2021 and is predicted to gain revenue of about 13.75 (USD Billion) by 2028, is set to record a CAGR of nearly 4.9% over the period from 2022 to 2028.

Ultrasound Devices Market Size And Industry Analysis

The global Ultrasound Devices Market accrued earnings worth approximately 6.01 (USD Billion) in 2021 and is predicted to gain revenue of about 13.75 (USD Billion) by 2028, is set to record a CAGR of nearly 4.9% over the period from 2022 to 2028. The study provides assessment and analysis of the Ultrasound Devices Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Billion).

Ultrasound Device Market: Outlook

Ultrasound has enhanced its reach from diagnostic realm towards alternative modes of treatment for uterine, cardiac soft tissues, and breasts. In addition to this, ultrasound equipment provides non-invasive diagnostic pictures for decades. Currently, tiny and portable healthcare ultrasound equipment has been produced. Furthermore, in recent year’s miniature-sized ultrasound devices are manufactured and they can be carried by physicians in their pockets. This hand-held equipment is cost-efficient in comparison to other high- end ultrasound medical systems, thereby prompting business growth. Large-scale utility of pocket-sized ultrasound devices in diagnosing shoulder pathology will provide impetus to expansion of ultrasound device industry.

Global Ultrasound Devices Market Request Free Sample

Ultrasound Device Market: Growth Dynamics

Expansion of ultrasound device industry over forecasting timeline is owing to its easy availability and portable nature. For instance, hand-held ultrasound equipment with new features is easily available across globe. Moreover, few of hand-held ultrasound devices possess transducer and screen connected as a unit, while others have transducer connected with smartphones or tablets. Additionally, some of them are wirelessly connected. Furthermore, hand-held ultrasound equipment is successfully tested for myriad medical applications including emergency care and ward-based supplements. This, in turn, will create new growth opportunities for ultrasound device industry.

In addition to this, surging government investment in research activities for ultrasound imaging and rise in healthcare service providers will enlarge scope of ultrasound devices market. Furthermore, surging incidences of chronic ailments can provide impetus to expansion of ultrasound devices industry. Incidences of cancer have translated into humungous demand for diagnostics, thereby resulting into sizable expansion of ultrasound devices industry in ensuing years. New product launches will favorably leverage ultrasound devices market earnings. For instance, in September 2020, Philips Healthcare launched latest version of cardiovascular ultrasound services referred as Affiniti CVx that assist physician in offering effective patient care services.

Report Scope:

 

Ultrasound Device Market: Regional Landscape

North America To Lead Regional Market Space In 2022-2028

Expansion of ultrasound devices industry in North America in next six years can be credited to presence of giant players in sub-continent. In addition to this, rise in cancer incidences in U.S. and Canada will promulgate scope of ultrasound devices market in North America. Apart from this, huge rate of acceptance of new technologies in region will boost demand for ultrasound equipment. For instance, in October 2020, St. Luke University Health Network joined hands with GE Healthcare for deploying 76 ultrasound tools for developing AI-driven technology. Reportedly, this is GE’s highest single order ultrasound purchase made in the country.

Ultrasound Device Market: Competitive Landscape

Key participants profiled in report and lucratively impacting business landscape include Analogic Corporation, Philips Healthcare, GE Healthcare, Siemens Healthineers AG, Hitachi Medical Corporation,  Esaote SpA, Toshiba Corporation, Samsung Medison Co., Ltd., Mindray Medical International Limited, and Fujifilm Holdings Corporation.

The global Ultrasound Devices Market is segmented as follows:

By Product

  • Diagnostic
  • Therapeutic

By Portability

  • Handheld
  • Cart/Trolley

By End-Use

  • Hospitals
  • Imaging Centers
  • Research Centers

By Application

  • Cardiology
  • Obstetrics
  • Orthopedics
  • Vascular
  • General Imaging

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

Expansion of ultrasound device industry over forecasting timeline is due to its easy availability and portable nature.     

According to Zion market research report, The global Ultrasound Devices Market accrued earnings worth approximately 6.01 (USD Billion) in 2021 and is predicted to gain revenue of about 13.75 (USD Billion) by 2028, is set to record a CAGR of nearly 4.9% over the period from 2022 to 2028.

North America will contribute sizably towards the global market value over the projected timeline. A massive surge in Ultrasound Devices Market expansion in region over 2022-2028 can be attributed to presence of giant players in sub-continent.        

The key industry participants leveraging business landscape include Analogic Corporation, Philips Healthcare, GE Healthcare, Siemens Healthineers AG, Hitachi Medical Corporation, Esaote SpA, Toshiba Corporation, Samsung Medison Co., Ltd., Mindray Medical International Limited, and Fujifilm Holdings Corporation.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed