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Ultrasound Devices Market is Projected to Reach USD 13.03 Billion by 2030: Cognitive Market Research
Ultrasound Devices Market is Projected to Reach USD 13.03 Billion by 2030: Cognitive Market Research
What are Ultrasound Devices?
Ultrasound devices, also known as ultrasound scanners or ultrasound machines, are medical devices that use high-frequency sound waves to create images of internal body structures. These devices are non-invasive, meaning that they do not require any incisions or injections, and are generally considered safe for patients. Ultrasound devices work by emitting high-frequency sound waves into the body and then recording the echoes that bounce back from internal structures. These echoes are then processed by the machine's computer to create detailed images of organs, tissues, and other structures inside the body.
Summary:
As per the study of CMR, the Global Ultrasound Devices Market was valued at USD 8.24 Billion in 2022 and will reach USD 13.03 Billion by 2030 and is expected to grow at a CAGR of 5.9% during the forecast period (2023-2030).
To know more about The Ultrasound Devices Market statistics click here: https://www.cognitivemarketresearch.com/ultrasound-devices-market-report
Ultrasound Devices Market Dynamics
The main drivers for the ultrasound devices market include the acceptance of ultrasound equipment for diagnostic imaging and treatment, growing demand for minimally invasive procedures, and rising prevalence of target diseases. The prevalence of targeted diseases and disorders will increase the use of efficient diagnostic and therapeutic techniques, driving growth in the ultrasound diagnostic market. According to UICC, there would be 19.3 million new cases of cancer worldwide and 10 million cancer-related deaths in 2020. Furthermore, one in five individuals worldwide may develop cancer at some point in their lives, and more than 50 million people are still alive after receiving a cancer diagnosis five years ago.
Additionally, the expansion of ultrasound applications and the adoption of advanced technologies for diagnostic procedures will present chances for the market for ultrasound equipment during the anticipated time frame. However, the expensive price of ultrasound equipment may limit the market's expansion.
Ultrasound Devices Market Segmentation
Technology:
• Therapeutic Ultrasound devices
• Diagnostic Ultrasound devices
The diagnostic ultrasound market is divided into the 2D ultrasound, 3D, 4D, and Doppler ultrasound segments. Additionally, therapeutic ultrasound equipment is divided into extracorporeal shockwave lithotripsy and high-intensity focused ultrasound.
Device :
• B/W Ultrasound
• Color Ultrasound
Component:
• Workstations
• Transducers/Probes
• Others
Portability:
• Compact/ Handheld
• Trolley/ Cart-based
• Point-of-care (PoC) Ultrasound Systems
Based on portability, the trolley/cart-based category accounts for the biggest share of the worldwide ultrasound market. Due to their rising use in acute care settings and emergency care in hospitals and healthcare facilities, these systems are being adopted more widely throughout key markets, which is responsible for their expansion.
Application:
• Cardiology
• Vascular
• Urology
• Gynecology
• Radiology/ General Imaging
• Others
The market for ultrasound equipment is anticipated to be dominated by radiology and general imaging. The incidence of various malignancies is increasing globally, and technological developments in the field of ultrasound-based diagnosis and therapy as well as in the healthcare industry are to blame for this.
End-Users:
• Diagnostic centers
• Hospitals and Surgical centers
• Ambulatory Surgical centers
• Others
Competitive Analysis of the Ultrasound Devices Market: General Electric (GE), Philips, Siemens, TOSHIBA, Hitachi Medical, Mindray, Sonosite (FUJIFILM ), Esaote, Samsung Medison, Konica Minolta, SonoScape, LANDWIND MEDICAL, SIUI, CHISON, EDAN Instruments
Get free sample pages of the latest published Ultrasound Devices Market Report: https://www.cognitivemarketresearch.com/ultrasound-devices-market-report#request_sample
Ultrasound Devices Market Regional Analysis
The market for ultrasound devices worldwide is dominated by North America. It is explained by the presence of a sizable number of market rivals in the area and the rise in cancer incidence. The World Health Organization estimates that cancer was the primary cause of roughly 10 million deaths worldwide in 2020. The most prevalent cancers that caused mortality in 2020 included lung (2.21 million cases), and breast (2.26 million cases). Additionally, the rapid adoption of cutting-edge technologies in this area is fostering market expansion. APAC, on the other hand, is anticipated to see the highest CAGR during the forecast period due to a growth in the number of people aged 65 and older, as well as chronic diseases, and government investments in the construction of healthcare infrastructure in Asian nations.
Ultrasound Devices Market Industry News
Philips launched a new compact ultrasound system at RSNA 2022, allowing first-time-right diagnosis for more patients (November 2022)
At the Radiological Society of North America (RSNA) annual meeting, Royal Philips, one of the industry leaders in health technology, announced the global introduction of a next-generation tiny portable ultrasound system. The new Compact 5000 Series from Philips seeks to make high-end cart-based ultrasound devices' diagnostic capabilities accessible to more people.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Ultrasound Devices Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Ultrasound Devices Market Segmentation
1.5.1 Ultrasound Devices Market Regional Fragmentation
1.5.1 Ultrasound Devices Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Ultrasound Devices Market
• 3.1 Global Ultrasound Devices Market Size 2018 - 2030, (USD Million)
• 3.2 Global Ultrasound Devices Value, Absolute & Opportunity Analysis
• 3.3 Global Ultrasound Devices Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Ultrasound Devices Market Statistics 2022: Snapshot
Chapter 4 Global Ultrasound Devices Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Ultrasound Devices Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Ultrasound Devices Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Ultrasound Devices Market by Technology Segmentation Analysis (2018-2030)
Chapter 12 Global Ultrasound Devices Market by Portability Segmentation Analysis (2018-2030)
Chapter 13 Global Ultrasound Devices Market by Component Segmentation Analysis (2018-2030)
Chapter 14 Global Ultrasound Devices Market by End-Users Segmentation Analysis (2018-2030)
Chapter 15 Global Ultrasound Devices Market Regional Analysis
Chapter 16 North America Ultrasound Devices Market Outlook (2018 - 2030)
Chapter 17 Europe Ultrasound Devices Market Outlook (2018 - 2030)
Chapter 18 Asia Pacific Ultrasound Devices Market Outlook (2018 - 2030)
Chapter 19 Latin America Ultrasound Devices Market Outlook (2018 - 2030)
Chapter 20 Middle East and Africa Ultrasound Devices Market Outlook (2018 - 2030)
Chapter 21 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Ultrasound Devices Market TOC click here: https://www.cognitivemarketresearch.com/ultrasound-devices-market-report#table_of_contents
Related Report:
• Breast Ultrasound Devices Market- https://www.cognitivemarketresearch.com/breast-ultrasound-devices-market-report
• B Scan Ocular Ultrasound Devices Market- https://www.cognitivemarketresearch.com/b-scan-ocular-ultrasound-devices-market-report
• Ultrasound Machines Market- https://www.cognitivemarketresearch.com/ultrasound-machines-market-report
• Ultrasound Imaging Software Market- https://www.cognitivemarketresearch.com/ultrasound-imaging-software-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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