Ultrasound Devices Market: Overview
Ultrasound devices use ultra-frequency sound waves for visualization of internal organs of the body. A transmitter transmits the ultrasonic sound waves into a patient’s body, which, upon reflection, are detected by a detector.
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High-resolution images are produced by ultrasound devices, which are helpful in both diagnostic and therapeutic procedures. The global ultrasound devices market has experienced significant growth over the last decade due to increase in incidence of chronic disorders and trauma cases, and surge in the global geriatric population suffering from acute disorders.
Ultrasound devices are used by hospitals & specialty clinics, diagnostic centers, ambulatory surgical centers, and others for diagnostic purposes
Rise in the number of patients suffering from chronic disorders such as liver cancer, cysts, tumor, fatty liver disease, and gynecological problems is a major factor projected to drive the global ultrasound devices market
Efficacy and accuracy of diagnosis achieved by ultrasound devices to produce precise images of affected body organs are the other factors that propel the ultrasound devices market
Moreover, increase in demand and rise in research funding from governments and large corporate companies are anticipated to augment the global ultrasound devices market during the forecast period
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In terms of technology, the global ultrasound devices market has been bifurcated into diagnostic ultrasound and therapeutic ultrasound. The diagnostic ultrasound segment has been split into 2D ultrasound, 3D & 4D ultrasound, and Doppler ultrasound. The therapeutic ultrasound segment has been segregated into high-intensity focused ultrasound and extracorporeal shockwave lithotripsy. The diagnostic ultrasound segment dominated the global ultrasound devices market in 2020. Based on application, the global ultrasound devices market has been categorized into radiology/general imaging, cardiology, gynecology, vascular, urology, and others. The radiology segment dominated the global ultrasound devices market in 2020 due to rise in the number of patients. In terms of portability, the global ultrasound devices market has been classified into trolley/cart-based ultrasound devices and compact/handheld ultrasound devices. The
trolley/cart-based ultrasound devices segment dominated the global ultrasound devices market in 2020. Based on end user, the global ultrasound devices market has been divided into hospitals & surgical centers, diagnostic centers, ambulatory surgical centers, and others. The diagnostic centers segment dominated the global ultrasound devices market in 2020. Each of the segments has been analyzed in detail for market trends, recent trends, and developments, drivers, restraints, opportunities, and useful insights. The report provides current and expected revenue (US$ Mn) for each of these segments from 2021 to 2030, considering 2020 as the base year. The compound annual growth rate (% CAGR) has been provided for each segment and market from 2021 to 2031, along with market size estimations.
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In terms of region, the global ultrasound devices market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions have been divided into major countries and sub-regions.
The current and expected revenue (US$ Mn) of these regional markets and their major countries from 2021 to 2031, along with their CAGRs from 2021 to 2031 have been provided in the report The study also offers a list of recommendations, highlights, and useful insights of the global ultrasound devices market, which would help new companies willing to enter the market and existing companies to increase market shares, and in the decision-making process
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The ultrasound devices market report concludes with the company profiles section, which includes key information about major players in the global ultrasound devices market
Leading players analyzed in the report are o
GE Healthcare
o
Koninklijke Philips N.V
o
Canon Medical Systems Corporation
o
Hitachi Ltd.
o
Siemens Healthineers
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Mindray Medical International Limited
o
Samsung Medison Co., Ltd.
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Fujifilm Holdings Corporation
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Esaote SpA
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Neusoft Corporation
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CHISON Medical Technologies Co., Ltd.
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Konica Minolta, Inc.
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Hologic, Inc.
o
Shantou Institute of Ultrasonic Instruments Co., Ltd.
o
Terason
o
Analogic Corporation
Each of these players has been profiled in the ultrasound devices market report based on parameters such as company overview, financial overview, business strategies, application portfolio, business segments, and recent developments
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