According to AMRโs prediction, the Global Ultrasound Devices Market generated USD 8.47 Billion in 2020 and is expected to reach USD 12.53 Billion by 2028, growing at a CAGR of 5.3% from 2021 to 2028. This report provides an in-depth analysis This is changing the market, the big budget, the value chain, the main segment and the competitive landscape.
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Key Findings of the Study –
- By product type, the diagnostic ultrasound system segment holds the largest market share in the global ultrasound device market in 2020.
- By application, the general radio/imaging segment will grow at the highest CAGR during the forecast period. By device deployment, the ultrasound device cart/trolley segment has the largest ultrasound device market share in 2020 and is expected to maintain its dominance during the forecast period.
- The United States released the highest income in 2020 in the market.
Based on the type of device display, the market is divided into color ultrasound devices and black and white (B/W) ultrasound devices. The color ultrasound device segment has the highest market share with 90% of the total market. This segment is expected to lead during the forecast period. Moreover, the segment is expected to show the fastest CAGR of 5.5% during the forecast period.
It is expected that the COVID-19 pandemic will continue to prevail for the ultrasound device market due to this lockdown, which has hindered patient processes and manufacturing processes. But there is a significant increase in demand for small ultrasound in 2020 as the technology becomes a diagnostic tool for patients with COVID. The availability of affordable ultrasound machines has enabled hospitals to treat more patients. Also, imaging is important in the management of COVID-19 patients. Point-of-care ultrasound (POCUS), like guided ultrasound, has emerged in the age of COVID-19 as a tool that can simplify the process of imaging patients with COVID-19 and can reduce the pressure on health services.
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The ultrasound device market is segmented on the basis of product type, device display, device deployment, application and region. Based on the type of product, the market is divided into two main device segments, namely ultrasound diagnostic systems and ultrasound therapy systems. Based on the type of device display, the market is divided into two main devices, namely color ultrasound devices and black and white (B/W) ultrasound devices. Based on the small device, the market is divided into two main devices, namely cart / trolley ultrasound devices and compact / small ultrasound devices.
Key Market Players –
Major key players that operate in the industry are Konica Minolta Inc., Esaote SpA, Fujifilm Corporation, General Electric Company, Hitachi, Ltd., Koninklijke Philips N.V., Mindray Medical International Limited, Samsung Medison Co. Ltd., and Siemens Healthcare and Toshiba Corporation.
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
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Frequently Asked Questions?
Q1. What is the total market value of global Ultrasound Devices Market?
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Q3. What will be global Ultrasound Devices Market growth in 2030?
Q4. What are the key trends in the global Ultrasound Devices Market?
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