Ultrasound Market
Ultrasound Market - Global Industry Assessment & Forecast
Segments Covered
- By Technology Diagnostic Ultrasound, Therapeutic Ultrasound
- By Device Display Color Ultrasound, B/W Ultrasound
- By Portability Trolley/Cart-based Ultrasound Systems, Compact/Handheld Ultrasound Systems , Point-of-care (PoC) Ultrasound Systems
- By Application Radiology/General Imaging Applications, Obstetrics/Gynecology Applications , Cardiology Applications , Urology Applications , Vascular Applications , Orthopedic and Musculoskeletal Applications , Pain Management Applications , Other Applications (hepatology, neurology, bariatric surgery, breast imaging, and emergency care, among others)
- By Component Transducers/ Probes, Workstations , Other components
- By End User Hospitals, Surgical Centers, and Diagnostic Centers, Maternity Centers , Ambulatory Care Centers , Research and Academia , Other End Users (physiotherapy clinics, independent associations, government organizations, and sports academies, among others)stic Centers
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 6895.87 Million |
Revenue 2030: | USD 10744.56 Million |
Revenue CAGR (2023 - 2030): | 5.70% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Ultrasound Market by Technology by Device Display by Portability by Application by Component by End User - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The later stage covers data validation and collection from primary research. The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Ultrasound supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Ultrasound market size at regional and country level
- Key industry players and their market share and Ultrasound market-specific sales/revenue
- Understanding of the Ultrasound supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Ultrasound market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Ultrasound market.
FAQ
Frequently Asked Question
What is the global demand for Ultrasound in terms of revenue?
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The global Ultrasound valued at USD 6895.87 Million in 2022 and is expected to reach USD 10744.56 Million in 2030 growing at a CAGR of 5.70%.
Which are the prominent players in the market?
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The prominent players in the market are GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), Canon Medical Systems Corporation (Japan), Hitachi, Ltd. (Japan), Siemens Healthineers AG (Germany), Hologic, Inc. (US), FUJIFILM Holdings Corporation (Japan), Samsung Electronics Co., Ltd. (Korea), Mindray Medical International Limited (China), Analogic Corporation (US), Esaote S.p.A (Italy), Carestream Health (US), CURA Healthcare (India), Chison Medical Technologies Co., Ltd. (China), Mobisante, Inc. (US), Neusoft Corporation (China), Clarius Mobile Health (Canada), Medgyn Products, Inc. (US), and United Imaging Healthcare Co., Ltd. (China), among others.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 5.70% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Ultrasound include
- Recent advances in this industry and the introduction of innovative equipment
Which region accounted for the largest share in the market?
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Europe was the leading regional segment of the Ultrasound in 2022.