Ultrasound Devices Market Expected to Reach CAGR of 4.1% by 2024

According to a recent report published by Fast.MR, titled “Ultrasound Devices Market – By Type (Stationary, and Portable), By Technology (Diagnostic Ultrasound, and Therapeutic Ultrasound), By Application (Radiology, Cardiology, Gynecology, Vascular, Urology, and Others), By End User (Hospital & Surgical Centers, Diagnostic Centers, Ambulatory Surgical Centers and Others) – Global Market Analysis, Trends, Opportunity and Forecast, 2018-2024”. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Ultrasound Devices Market. The competition analysis is also a major part of the report.

Global ultrasound devices market is estimated to reach USD 8.6 Billion in 2024, registering a compound annual growth rate (CAGR) of 4.1% between 2019 and 2024. Factors such as continuous technological advancements and development of advanced ultrasound devices are poised to positively benefit global ultrasound devices market during the forecast period.

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Market Insights

Growth Drivers – Ultrasound Devices Market

Increasing Ultrasound Procedures

Increasing prevalence of chronic diseases and rising patient awareness are two of the major factors which are propelling market growth. Further, increasing awareness and treatment of complex diseases is also expected to foster the growth of global ultrasound devices market during the forecast period. High diagnosis rates of kidney stones in various countries such as Germany and U.S. also indicate growth of global ultrasound devices market during the forecast period.

Launch of Innovative Products

Manufacturers are offering advanced ultrasound devices products with several new functionalities. Further, various companies are also launching 3D and 4D ultrasound devices products which can take images at various angles. Besides, 4D ultrasound device offer various advantages over 2D ultrasound such as including visualization and motion.

Trends – Ultrasound Devices Market

Portable Ultrasound Devices Gaining Traction in Market

Various companies are focusing on innovation and new product launch such as 3D and 4D ultrasound devices among others. Moreover, increasing adoption of these advanced devices in developed nations is offering significant revenue generation opportunities.

Segmentation

By Type

– Stationary

– Portable

By Technology

– Diagnostic Ultrasound

– 2D Ultrasound

– 3D & 4D Ultrasound

– Doppler Ultrasound

– Therapeutic Ultrasound

– High-intensity Focused Ultrasound

– Extracorporeal Shockwave Lithotripsy

By Application

– Radiology

– Cardiology

– Gynecology

– Vascular

– Urology

– Others

By End User

– Hospital & Surgical Centers

– Diagnostic Centers

– Ambulatory Surgical Centers

– Others

By Geography

– North America (U.S. & Canada)

– Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

– Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

– Latin America (Brazil, Mexico, Argentina and Rest of Latin America)

– Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as

– GE Healthcare

– Koninklijke Philips N.V.

– Canon Medical Systems Corporation

– Hitachi, Ltd.

– Siemens Healthineers

– Mindray Medical International Limited

– Samsung Medison Co., Ltd.

– Fujifilm Holdings Corporation

– Esaote SpA

– Analogic Corporation

– Other Major & Niche Players

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Table of Content

  1. Preface

1.1. Research Methodology

1.2. Geographic Scope

1.3. Years Considered

  1. Executive Summary
  1. Market Overview

3.1. Ultrasound Devices Overview

3.2. Market Definition & Key Market Segments

3.3. Industry Development

3.4. Global Market Maturity

3.4.1. North America

3.4.2. Europe

3.4.3. Asia Pacific

3.4.4. Latin America

3.4.5. Middle East & Africa

3.5. Porter’s Five Force Analysis

3.6. Industry Value Chain Analysis

3.7. Macro-Economic Trends

  1. Competitive Landscape

4.1. Global Ultrasound Devices Market 2018

4.2. Global Ultrasound Devices Market Value Share, By Company 2018

  1. Growth Drivers & Barriers in Global Ultrasound Devices Market

5.1. North America

5.2. Europe

5.3. Asia Pacific

5.4. Rest of World

  1. Trends in Global Ultrasound Devices Market

6.1. North America

6.2. Europe

6.3. Asia Pacific

6.4. Rest of World

  1. Global Ultrasound Devices Market

7.1. Introduction

7.2. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

  1. Global Ultrasound Devices Market Segmentation Analysis, By Type

8.1. Introduction

8.2. Strategic Insights

8.2.1. BPS Analysis, By Type

8.2.2. Market Attractiveness, By Type

8.3. Stationary

8.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

8.4. Portable

8.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

  1. Global Ultrasound Devices Market Segmentation Analysis, By Technology

9.1. Introduction

9.2. Strategic Insights

9.2.1. BPS Analysis, By Technology

9.2.2. Market Attractiveness, By Technology

9.3. Diagnostic Ultrasound

9.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

9.3.2. 2D Ultrasound

9.3.2.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

9.3.3. 3D & 4D Ultrasound

9.3.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

9.3.4. Doppler Ultrasound

9.3.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

9.4. Therapeutic Ultrasound

9.4.1. High-intensity Focused Ultrasound

9.4.1.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

9.4.2. Extracorporeal Shockwave Lithotripsy

9.4.2.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

Global Ultrasound Devices Market Segmentation Analysis, By Application

10.1. Introduction

10.2. Strategic Insights

10.2.1. BPS Analysis, By Application

10.2.2. Market Attractiveness, By Application

10.3. Radiology

10.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

10.4. Cardiology

10.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

10.5. Gynecology

10.5.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

10.6. Vascular

10.6.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

10.7. Urology

10.7.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

10.8. Others

10.8.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

11.Global Ultrasound Devices Market Segmentation Analysis, By End User

11.1. Introduction

11.2. Strategic Insights

11.2.1. BPS Analysis, By End User

11.2.2. Market Attractiveness, By End User

11.3. Hospital & Surgical Centers

11.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

11.4. Diagnostic Centers

11.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

11.5. Ambulatory Surgical Centers

11.5.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

11.6. Others

11.6.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.Geographical Analysis

12.1. Introduction

12.2. North America Ultrasound Devices Market

12.2.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.2. By Type

12.2.2.1. Introduction

12.2.2.2. Strategic Insights

12.2.2.2.1. BPS Analysis, By Type

12.2.2.2.2. Market Attractiveness, By Type

12.2.2.3. Stationary

12.2.2.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.2.4. Portable

12.2.2.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.3. By Technology

12.2.3.1. Introduction

12.2.3.2. Strategic Insights

12.2.3.2.1. BPS Analysis, By Technology

12.2.3.2.2. Market Attractiveness, By Technology

12.2.3.3. Diagnostic Ultrasound

12.2.3.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.3.3.2. 2D Ultrasound

12.2.3.3.2.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.3.3.3. 3D & 4D Ultrasound

12.2.3.3.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.3.3.4. Doppler Ultrasound

12.2.3.3.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.3.4. Therapeutic Ultrasound

12.2.3.4.1. High-intensity Focused Ultrasound

12.2.3.4.1.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.3.4.2. Extracorporeal Shockwave Lithotripsy

12.2.3.4.2.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.4. By Application

12.2.4.1. Introduction

12.2.4.2. Strategic Insights

12.2.4.2.1. BPS Analysis, By Application

12.2.4.2.2. Market Attractiveness, By Application

12.2.4.3. Radiology

12.2.4.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.4.4. Cardiology

12.2.4.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.4.5. Gynecology

12.2.4.5.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.4.6. Vascular

12.2.4.6.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.4.7. Urology

12.2.4.7.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.4.8. Others

12.2.4.8.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.5. By End User

12.2.5.1. Introduction

12.2.5.2. Strategic Insights

12.2.5.2.1. BPS Analysis, By End User

12.2.5.2.2. Market Attractiveness, By End User

12.2.5.3. Hospital & Surgical Centers

12.2.5.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.5.4. Diagnostic Centers

12.2.5.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.5.5. Ambulatory Surgical Centers

12.2.5.5.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.5.6. Others

12.2.5.6.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.6. By Country

12.2.6.1. Introduction

12.2.6.2. Strategic Insights

12.2.6.2.1. BPS Analysis, By Country

12.2.6.2.2. Market Attractiveness, By Country

12.2.6.3. U.S. Ultrasound Devices Market

12.2.6.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

12.2.6.4. Canada Ultrasound Devices Market

12.2.6.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

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