Global Ultrasound Systems Devices And Equipment Market Overview 2024: Size, Growth Rate, and Segments
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The ultrasound systems devices and equipment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Ultrasound Systems Devices And Equipment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The ultrasound systems devices and equipment market size has grown strongly in recent years. It will grow from $10.96 billion in 2023 to $11.96 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to non-invasive and radiation-free imaging, prenatal and obstetric care, cardiology and vascular applications, point-of-care and portable devices.
The ultrasound systems devices and equipment market size is expected to see strong growth in the next few years. It will grow to $16.48 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to emerging markets growth, regulatory support and reimbursement, telemedicine and remote consultation, value-based healthcare. Major trends in the forecast period include artificial intelligence (ai) integration, handheld and wireless ultrasound devices, 3d/4d imaging, fusion imaging.
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Scope Of Ultrasound Systems Devices And Equipment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Ultrasound Systems Devices And Equipment Market Overview
Market Drivers –
Government and private funding in ultrasonic device manufacturing companies are driving the growth of the ultrasound systems device and equipment market. The investments by private firms as well government would provide adequate capital for the ultrasonic device manufacturing companies to conduct research and development and develop innovative and advanced ultrasound devices. For example, Chinese ultrasonic companies like Sonoscape, Mindray, and SIUI have benefitted from a government initiative to boost local manufacturers. Also, Private equity firm KKR decided to invest $35 million in Australia’s ultrasound device maker Signostics Ltd. Hence, this funding would not only encourage innovative devices but boost the market as well.
Market Trends –
The introduction of 3D/4D Ultrasound devices is the latest trend that is going to change the landscape of ultrasound devices and the equipment market. The 3D/4D technology ultrasound device provides real-time enhanced imaging of the internal anatomy/fetus, also enabling real-time volume imagining. This technology can also help in performing complex surgeries. The 3D/4D ultrasound device would also feature improved image visualization power, shorten examination time, and decrease strain injury during the surgery. For example, Toshiba’s Aplio i900 Ultrasound machine makes use of the 3D/4D technology.
The ultrasound systems devices and equipment market covered in this report is segmented –
1) By Type: Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems
2) By End User: Hospitals, Diagnostic Imaging & Surgical Centers, Ambulatory surgical centers (ASCs), Clinics
3) By Product: A-Mode, B-Mode or 2D Mode, C-Mode, M-Mode, Doppler Mode, Pulse Inversion Mode, Harmonic Mode
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Regional Insights –
Western Europe was the largest region in the global ultrasound systems devices and equipment market in 2023. North America was the second-largest region in the ultrasound systems devices and equipment market report. The regions covered in the ultrasound systems devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Key Companies –
Major companies operating in the ultrasound systems devices and equipment market include GE HealthCare, Siemens Healthineers, Philips Healthcare, Mindray Medical International Ltd, Fujifilm Holdings Corporation, Hitachi Ltd, Toshiba Corporation, Samsung Electronics, Canon Medical Systems, Hologic Inc., Shantou Institute of Ultrasonic Instruments Co. Ltd, Analogic Corporation, Esaote S.p.A, Carestream Health, CHISON Medical Technologies Co.Ltd., Mobisante, Fukuda Denshi Co. Ltd, Echometrix, Butterfly Network, ProDiagnose, eXo Imaging, Teenyco, Sonosite, AnaSonic Bio-Medical, SonoScape, Roop Ultrasonix Ltd., Zonare Medical Systems, B K Medical ApS, Clarius Mobile Health, ContextVision AB, Delsona Therapeutics Inc., Edan Instruments Inc., Healcerion, KPI Healthcare, Laborie Medical Technologies Corp., Promed Group Co. Ltd., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Terason
Table of Contents
1. Executive Summary
2. Ultrasound Systems Devices And Equipment Market Report Structure
3. Ultrasound Systems Devices And Equipment Market Trends And Strategies
4. Ultrasound Systems Devices And Equipment Market – Macro Economic Scenario
5. Ultrasound Systems Devices And Equipment Market Size And Growth
…..
27. Ultrasound Systems Devices And Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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