The ultrasound market is worth approximately US$10.76 billion by 2031 | Global ultrasound industry share, growth, trends, prices, analysis and growth report forecast report

2021-11-19 02:11:39 By : Mr. Mr liang

Companies covered by the ultrasound market include Koninklijke Philips NV, GE Healthcare, Siemens Healthineers AG, Hitachi Ltd, FUJIFILM Corporation, Canon Medical Systems Corporation, Mindray Medical International Ltd, Sonacare Medical, Hologic Inc, Samsung Healthcare

Pune, November 18, 2021 (GLOBE NEWSWIRE) - Due to players launching new products and increasing preference for non-invasive diagnostic procedures, the global ultrasound market is expected to reach approximately US$ 10.76 billion by 2031.

Technological advancements and new product releases by market participants have played a key role in promoting the ultrasound market. Companies operating in the market are increasingly focusing on integrating machine learning into medical imaging, including ultrasound imaging. The introduction of artificial intelligence (AI) in the field of ultrasound has also played a key role in changing medical diagnosis. For example, the FDA authorized the marketing of the first cardiac ultrasound software that uses artificial intelligence to guide users. The software is called Caption Guidance, and it helps medical professionals obtain cardiac ultrasound or echocardiographic images. The software uses artificial intelligence to provide real-time guidance and feedback on image quality to achieve diagnostic quality image capture.

It analyzes the global ultrasound market from six perspectives: technology, device display, portability, applications, end users and regions.

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Excerpt from "Segmented by Technology"

According to this technology, the ultrasound market has been subdivided into diagnostic ultrasound and therapeutic ultrasound. The diagnostic ultrasound section is further subdivided into 2D ultrasound, 3D and 4D ultrasound, and Doppler ultrasound. Therapeutic ultrasound is further divided into high-intensity focused ultrasound (HIFU) and extracorporeal shock wave lithotripsy (ESWL). The diagnostic ultrasound division has the largest market share in the ultrasound market. Technological progress and the increasing application of ultrasound in the diagnosis of various diseases (such as tumors, cardiovascular diseases, pain management, etc.) are driving the growth of this market segment.

Excerpted from "Segmented by Region"

According to this region, the global ultrasound market has been subdivided into North America, Europe, Asia Pacific and Rest of the World (RoW). North America has the largest market share in the global ultrasound market. The United States dominates the North American ultrasound market. Factors driving the region’s growth include increasing adoption of home healthcare and remote patient monitoring, increasing awareness of early disease diagnosis, increasing patient preference for minimally invasive surgery, and chronic diseases (such as heart disease, stroke, type 2 Diabetes, and cancer), a growing elderly population and a well-developed healthcare infrastructure. In addition, the increasing attention of market participants to the introduction of new ultrasounds has also played a key role in driving the growth of the ultrasound market in the region.

Some well-known companies operating in the global ultrasound market include:-

Technology, device display, portability, applications and end users

Access to the ultrasound market by technology (diagnostic ultrasound and therapeutic ultrasound), device display (black and white (B/W) display and color display), portability (compact/handheld ultrasound system and trolley/cart-based ultrasound system) Full report, applications (radiology, gynecology, cardiology, urology, oncology, orthopedics and musculoskeletal), end users (hospitals and surgical centers, diagnostic centers, obstetric centers, and outpatient care centers)-global outlook & forecasts 2021-2031

Currency used in the report

Current market trends (COVID-19 perspective)

Major players and their competitive positioning (2020)

Global Ultrasound Market-Analysis and Forecast, by Technology

Global Ultrasound Market-Analysis and Forecast, Shown by Device

Black and white (B/W) ultrasonic

Global Ultrasound Market-Analysis and Forecast, Portability

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Provide comprehensive quantitative and qualitative insights at the segment and sub-segment level

Covid 19 impact trends and opinions

Detailed insights at the global/regional/national level

In-depth insights into market dynamics (drivers, constraints, opportunities) and business environment

Comprehensive coverage of the competitive landscape

Detailed report on the "strategic development" registered by the market's leading participants

"Business profile" of major players

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