The ultrasound devices market accounted to USD 6.0 billion in 2016 growing at a CAGR of 4.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition: Global Ultrasound Devices Market
An ultrasound scan is a device that uses high frequency sound waves to create an image of some part of the inside of the body.
Global Ultrasound Devices Market By Product (Cart/Trolley based Ultrasound Devices and Compact Ultrasound Devices), By Technology (Diagnostic, Therapeutic, 2D, 3D/4D, HIFU, Doppler Ultrasound Imaging, Lithotripsy Ultrasound Imaging), Application (Radiology, Obstetrics and Gynecology, Cardiovascular, Gastroenterology), End User (Hospitals, Academia, Ambulatory, Diagnostic Center), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Competitive Analysis: Global Ultrasound Devices Market
Ultrasound devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
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Market Drivers And Restraints: Global Ultrasound Devices Market
- Medical reimbursements
- Technological advancements
- Government and private funding for R&D in ultrasound imaging
- Aging population
Market Segmentation: Global Ultrasound Devices Market
On the basis of product type the ultrasound devices market is segmented into cart/trolley based ultrasound devices and compact ultrasound devices.
By technology the market is segmented into diagnostic, therapeutic, 2d, 3d/4d, hifu, doppler ultrasound imaging and lithotripsy ultrasound imaging.
By application the market is segmented into (radiology, obstetrics and gynecology, cardiovascular and gastroenterology.
By end user the market is segmented into hospitals, academia, ambulatory and diagnostic center.
On the basis of geography, ultrasound devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, North America is expected to dominate the market.
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Top Competitors Of Market: Global Ultrasound Devices Market
- Shimadzu Corporation,
- Analogic Corporation,
- TOSHIBA CORPORATION,
- Siemens Corporation,
- Hitachi, Ltd.,
- Koninklijke Philips N.V.,
- GENERAL ELECTRIC,
- SAMSUNG ,
- FUJIFILM Holdings Corporation,
- Esaote SpA,
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
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