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Ultrasound Market size was valued at USD 7.24 Bn. in 2022 and the total Ultrasound revenue is expected to grow by 6.5% from 2023 to 2029, reaching nearly USD 11.25 Bn.

Ultrasound Market Scope :

The Ultrasound Market report presents analytical data that highlights key aspects such as trends, targets, market position, and market value during the forecast period. The competitive analysis covers the major market players, their production capacity, and the demand and supply of their products and services. The report includes key players as well as aspiring companies in the Ultrasound market. The segmentation analysis aids in understanding different datasets and provides behavioral and geographical analysis to capture significant changes in the forecast period. It also reveals opportunities and revenue generation potential for leading players in the Ultrasound market. SWOT analysis is performed as a strategic planning and management technique to identify strengths, weaknesses, opportunities, and threats related to business competition or project planning. Porter's analysis is conducted to assess an organization's strengths, weaknesses, and critical factors affecting profitability. PESTLE analysis is a strategic framework used to evaluate the operating environment of an organization.

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Ultrasound Market Overview :

Maximize Market Research, a leading business consultancy has published a research report on the Ultrasound market. The report showcases the global growth of the Ultrasound market, projecting its upward trajectory until 2029. It provides valuable insights into key industries and offers comprehensive data analysis. The report presents graphical representations that illustrate the current position and potential of the market.

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Ultrasound Market Segmentation :

by Technology

1. Diagnostic Ultrasound
    1.1 2D Ultrasound
    1.2 3D & 4D Ultrasound
    1.3 Doppler Ultrasound

2. Therapeutic Ultrasound
    1.1 High-Intensity Focused Ultrasound (HIFU)
    1.2 Extracorporeal Shockwave Lithotripsy (ESWL)

With a 72% market share, the diagnostic ultrasound devices category leads the industry. This is due to the numerous uses in oncology, cardiology, and obstetrics. The need for diagnostic ultrasonography devices is also anticipated to increase due to technology improvements and the rising prevalence of numerous lifestyle-related illnesses. The desire for more advanced diagnostic tools, like miniaturised 2D and 3D/4D, is also expected to fuel the global market for diagnostic ultrasound devices. It is further divided into 2D, 3D/4D, and Doppler segments.

by Device Display

1. Color Ultrasound
2. B/W Ultrasound

by Portability

1. Trolley/Cart-based Ultrasound Systems
2. Compact/Handheld Ultrasound Systems
3. Point-of-care (PoC) Ultrasound Systems

by Application

1. Radiology/General Imaging Applications
2. Obstetrics/Gynecology Applications
3. Cardiology Applications
4. Urology Applications
5. Vascular Applications
6. Orthopedic and Musculoskeletal Applications
7. Pain Management Applications
8. Other Applications (hepatology, neurology, bariatric surgery, breast imaging, and emergency care, among others)

In 2022, the Radiology/General Imaging Segment held the biggest market share, and it is anticipated that it would continue to rule the market with a 29% share during the forecast period. A wide range of scans, including those of the abdomen, musculoskeletal system, small parts, urology, liver, thyroid, scrotum, bladder, pancreas, kidneys, spleen, and gallbladder, are all included in general imaging, which is less expensive than other applications.

by Component

1. Transducers/ Probes
    1.1 Curvilinear/ Convex Array Probes
    1.2 Linear Array Probes
    1.3 Phased Array Probes
    1.4 Other Probes

2. Workstations
3. Other components

by End User

1. Hospitals, Surgical Centers, and Diagnostic Centers
2. Maternity Centers
3. Ambulatory Care Centers
4. Research and Academia
5. Other End Users (physiotherapy clinics, independent associations, government organizations, and sports academies, among others)

Hospitals held the largest revenue share of over 39.5% in 2022 and are anticipated to maintain their dominance in the ultrasound device market over the course of the forecast period with the highest CAGR. The widespread use of ultrasound technology in medical settings and the rise in people seeking care for a variety of lifestyle-related illnesses are two aspects that have fueled the segment's expansion. The demand for ultrasound technology in both outpatient and inpatient settings is anticipated to increase as portable systems become more widely available. The increased adoption of technologically advanced imaging systems and the rising number of hospital mergers and acquisitions with other market rivals throughout the projected period are also likely to enhance demand for new installations.

Ultrasound Market Key Players :

1. GE Healthcare (US)
2. Hologic, Inc (US)
3. Integra Medical Systems LLC (US)
4. Analogic Corporation (US)
5. Carestream Health (US)
6. Medgyn Products, Inc (US)
7. United Imaging Healthcare Co., Ltd. (US)
8. Clarius Mobile Health (Canada)
9. Neusoft Corporation (China)
10. SonoScape Medical Corp. (China)
11. Mindray Medical International Limited (China)
12. Chison Medical Technologies Co., Ltd. (China)
13. CANON MEDICAL SYSTEMS CORPORATION (Japan)
14. Hitachi Ltd. (Japan)
15. FUJIFILM Holdings Corporation (Japan)
16. Konica Minolta, Inc (Japan)
17. Samsung Medison Co., Ltd. (South Korea)
18. CURA Healthcare (India)
19. Siemens Healthcare (Germany)
20. Esaote SpA (Italy)
21. Koninklijke Philips N.V. (Netherlands)

For More Information About This Research Please Visit :https://www.maximizemarketresearch.com/market-report/global-ultrasound-market/8480/

Regional Analysis

The analysis presents segmented data by region in a visual format. It offers an overview of the market, comparing it regionally based on the market value of products, demands, and the position of key market players. It also highlights targeted regions and their production capacities. This report assists in implementing new strategies tailored to specific countries and regions within the market.

Key Questions Answered in the Ultrasound Market Market Report:

  • What is the definition of the Ultrasound Market?

  • What is the forecast period for the Ultrasound Market?

  • What is the competitive landscape of the Ultrasound Market?

  • Which region holds the largest market share in the Ultrasound Market?

  • What are the opportunities for the Ultrasound Market?

  • What factors are influencing the growth of the Ultrasound Market?

  • Who are the key players in the Ultrasound Market?

  • Which company holds the largest share in the Ultrasound Market?

  • What will be the compound annual growth rate (CAGR) of the Ultrasound Market during the forecast period?

  • What key trends are expected to emerge in the Ultrasound Market in the coming years?

Key Offerings:

  • Market Share, Size, and Revenue Forecast | 2022-2029

  • Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends

  • Market Segmentation: Detailed analysis by Ultrasound Market

  • Landscape: Leading key players and other prominent participants

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company comprising professionals from various industries. We cover a wide range of industries, including medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others. Our services include market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

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Pune Bangalore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com

+91 96071 95908, +91 9607365656

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