Ultrasound Transducer Market Comprehensive Insights, Technological Growth and Precise Outlook to 2027 Profiling Companies like General Electric, Samsung, Fujifilm, Hitachi, SIUI

The Insight Partners’ report on the Ultrasound Transducer market aims at developing a better understanding of the global industry through qualitative and quantitative analysis of the key market parameters. The Ultrasound Transducer market is classified on the basis of Product, Application, End User, and the market is evaluated in terms of growth, value, and volume across five major geographical regions.

Increasing diagnostic applications of ultrasound and rising prevalence of chronic diseases are the key factors driving the growth of the ultrasound transducer market. Moreover, technological developments by the market players are likely to have positive impact on the market in the coming years. However, the scarce availability of skilled professionals restricts the market growth.

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The ultrasound transducer market is expected to reach US$ 5,020.76 million in 2027 from US$ 3,816.25 million in 2019; it is estimated to grow at a CAGR of 3.6% from 2020-2027.

Ultrasound transducer is the handheld part of the ultrasound system, and it produces and detects the ultrasound waves. The transducer converts electrical energy into sound waves, which bounce off the body tissues and produce echoes. These echoes are received by the transducer and are sent to the computer that creates an image, i.e., sonogram. Transducers are available in different sizes and shapes, and they exhibit diverse features. The global ultrasound transducer market is driven by factors such as the growing prevalence of chronic diseases worldwide and increasing diagnostic applications of ultrasound. However, the shortage of skilled sonographers hampers the market growth. Additionally, technological developments in ultrasound are creating growth opportunities for the market players.

Company Analysis:

- General Electric Company
- Koninklijke Philips N.V.
- Siemens Healthineers AG
- Samsung
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Fujifilm Corporation
- Hitachi, Ltd.
- ESAOTE SPA
- SIUI
- Shenzhen Ruqi Technology Co., Ltd.

Ultrasound is widely used in anesthesiology, angiology (vascular), cardiology, gastroenterology/colorectal surgery, gynecology/obstetrics, hemodynamics, otolaryngology, and emergency medicine, among others. It is used to perform both diagnosis and therapeutic procedures.

In anesthesiology, ultrasound is used by anesthesiologists to ensure needles are placed accurately near the nerves. In angiology, arterial disorders and venous diseases are diagnosed using ultrasound. It is used in cardiology to evaluate the heart valve functions. Point-of-care emergency ultrasound has a wide range of applications in emergency medicine. For instance, focused assessment with sonography for trauma (FAST) procedure is carried out to assess significant hemoperitoneum or pericardial tamponade after trauma.

Abdominal ultrasound is used in Gastrointestinal Surgery and colorectal surgery. Gynecologic ultrasound assesses female organs such as uterus, ovaries, and fallopian tubes. Obstetric sonography is used to examine the fetal development in the uterus. Ocular ultrasound is widely used in ophthalmology. Biopsies are also carried out using ultrasound to detect lesion or mass. Additionally, in urology, ultrasound is routinely used to evaluate genitourinary system for underlying medical conditions.

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Global Ultrasound Transducer Market- By Product

• Linear
• Convex
• Phased Array
• Endocavitary
• CW Doppler
• TEE Probes
o Type
 2D TEE Probes
 3D TEE Probes
 4D TEE Probes
o Age group
 Pediatric
 Adult
• Others

Global Ultrasound Transducer Market- By Application

• Cardiovascular
• General Imaging
• Musculoskeletal
• OB and GYN
• Vascular
• Other

Global Ultrasound Transducer Market- By End User

• Hospital
• Clinics
• Diagnostic Centers
• Ambulatory Surgery Centers (ASCs)

Ultrasound Transducer Market - By Geography

• North America
o US
o Canada
o Mexico
• Europe
o France
o Germany
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific (APAC)
o China
o India
o South Korea
o Japan
o Australia
o Rest of Asia Pacific
• Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o UAE
o Rest of Middle East and Africa
• South and Central America
o Brazil
o Argentina
o Rest of South America

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Strategic Insights

Product launches and approvals are the commonly adopted strategies by companies to expand their global footprints and product portfolios to meet the growing consumer demand. The ultrasound transducer market players adopt the collaborations strategy to enlarge customer base worldwide, which also permits them to maintain their brand name globally.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.