Ultrasonic Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Ultrasonic is one of the most commonly used imaging methods of the medicine. It uses high energy sound waves to show the inner organs of the body. Ultrasonic has a probe that transmits Ultrasonic waves to the patient's body at high frequencies.
MARKET DYNAMICS
The increase in chronic diseases worldwide and in the number of operations worldwide has also contributed to the increase in the number of chronic diseases. In the near future, increased demand for patient protection during procedures will undoubtedly increase the use of ultrasonic electrosurgical instruments.
MARKET SCOPE
The "Ultrasonic Devices Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Ultrasonic Devices Market with detailed market segmentation by type, and application. The Ultrasonic Devices Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Ultrasonic Devices Market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Ultrasonic Devices Market is segmented on the basis of type, application. Based on type, the market is segmented as Doppler Ultrasonic Imaging, High-Intensity Focused Ultrasonic (HIFU), 3-D and 4-D Ultrasonic Imaging, Other. Based on application, the market is segmented as Cardiovascular, Obstetrics and Gynecology, Gastroenterology, Radiology, Other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Ultrasonic Devices Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Ultrasonic Devices Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Ultrasonic Devices Market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Ultrasonic Devices Market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Ultrasonic Devices Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Ultrasonic Devices Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Ultrasonic Devices Market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Ultrasonic Devices Market in these regions.
MARKET PLAYERS
The report covers key developments in the Ultrasonic Devices Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Ultrasonic Devices Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Ultrasonic Devices Market in the global market. Below mentioned is the list of few companies engaged in the Ultrasonic Devices Market.
The report also includes the profiles of key players in Ultrasonic Devices Market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Philips Healthcare
- Siemens Healthcare
- Toshiba Corporation
- Mindray Medical International Limited
- GE Healthcare
- Fujifilm Holdings
- Analogic Corporation
- Esaote
- Samsung Medison
- Hitachi Medical Corporation
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Ultrasonic Devices Market - By Type
1.3.2 Ultrasonic Devices Market - By Application
1.3.3 Ultrasonic Devices Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ULTRASONIC DEVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ULTRASONIC DEVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ULTRASONIC DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. ULTRASONIC DEVICES - GLOBAL MARKET OVERVIEW
6.2. ULTRASONIC DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ULTRASONIC DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. DOPPLER ULTRASOUND IMAGING
7.3.1. Overview
7.3.2. Doppler Ultrasound Imaging Market Forecast and Analysis
7.4. HIGH-INTENSITY FOCUSED ULTRASOUND (HIFU)
7.4.1. Overview
7.4.2. High-Intensity Focused Ultrasound (HIFU) Market Forecast and Analysis
7.5. 3-D AND 4-D ULTRASOUND IMAGING
7.5.1. Overview
7.5.2. 3-D and 4-D Ultrasound Imaging Market Forecast and Analysis
7.6. OTHER
7.6.1. Overview
7.6.2. Other Market Forecast and Analysis
8. ULTRASONIC DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CARDIOVASCULAR
8.3.1. Overview
8.3.2. Cardiovascular Market Forecast and Analysis
8.4. OBSTETRICS AND GYNECOLOGY
8.4.1. Overview
8.4.2. Obstetrics and Gynecology Market Forecast and Analysis
8.5. GASTROENTEROLOGY
8.5.1. Overview
8.5.2. Gastroenterology Market Forecast and Analysis
8.6. RADIOLOGY
8.6.1. Overview
8.6.2. Radiology Market Forecast and Analysis
8.7. OTHER
8.7.1. Overview
8.7.2. Other Market Forecast and Analysis
9. ULTRASONIC DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Ultrasonic Devices Market Overview
9.1.2 North America Ultrasonic Devices Market Forecasts and Analysis
9.1.3 North America Ultrasonic Devices Market Forecasts and Analysis - By Type
9.1.4 North America Ultrasonic Devices Market Forecasts and Analysis - By Application
9.1.5 North America Ultrasonic Devices Market Forecasts and Analysis - By Countries
9.1.5.1 United States Ultrasonic Devices Market
9.1.5.1.1 United States Ultrasonic Devices Market by Type
9.1.5.1.2 United States Ultrasonic Devices Market by Application
9.1.5.2 Canada Ultrasonic Devices Market
9.1.5.2.1 Canada Ultrasonic Devices Market by Type
9.1.5.2.2 Canada Ultrasonic Devices Market by Application
9.1.5.3 Mexico Ultrasonic Devices Market
9.1.5.3.1 Mexico Ultrasonic Devices Market by Type
9.1.5.3.2 Mexico Ultrasonic Devices Market by Application
9.2. EUROPE
9.2.1 Europe Ultrasonic Devices Market Overview
9.2.2 Europe Ultrasonic Devices Market Forecasts and Analysis
9.2.3 Europe Ultrasonic Devices Market Forecasts and Analysis - By Type
9.2.4 Europe Ultrasonic Devices Market Forecasts and Analysis - By Application
9.2.5 Europe Ultrasonic Devices Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Ultrasonic Devices Market
9.2.5.1.1 Germany Ultrasonic Devices Market by Type
9.2.5.1.2 Germany Ultrasonic Devices Market by Application
9.2.5.2 France Ultrasonic Devices Market
9.2.5.2.1 France Ultrasonic Devices Market by Type
9.2.5.2.2 France Ultrasonic Devices Market by Application
9.2.5.3 Italy Ultrasonic Devices Market
9.2.5.3.1 Italy Ultrasonic Devices Market by Type
9.2.5.3.2 Italy Ultrasonic Devices Market by Application
9.2.5.4 Spain Ultrasonic Devices Market
9.2.5.4.1 Spain Ultrasonic Devices Market by Type
9.2.5.4.2 Spain Ultrasonic Devices Market by Application
9.2.5.5 United Kingdom Ultrasonic Devices Market
9.2.5.5.1 United Kingdom Ultrasonic Devices Market by Type
9.2.5.5.2 United Kingdom Ultrasonic Devices Market by Application
9.2.5.6 Rest of Europe Ultrasonic Devices Market
9.2.5.6.1 Rest of Europe Ultrasonic Devices Market by Type
9.2.5.6.2 Rest of Europe Ultrasonic Devices Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Ultrasonic Devices Market Overview
9.3.2 Asia-Pacific Ultrasonic Devices Market Forecasts and Analysis
9.3.3 Asia-Pacific Ultrasonic Devices Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Ultrasonic Devices Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Ultrasonic Devices Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Ultrasonic Devices Market
9.3.5.1.1 Australia Ultrasonic Devices Market by Type
9.3.5.1.2 Australia Ultrasonic Devices Market by Application
9.3.5.2 China Ultrasonic Devices Market
9.3.5.2.1 China Ultrasonic Devices Market by Type
9.3.5.2.2 China Ultrasonic Devices Market by Application
9.3.5.3 India Ultrasonic Devices Market
9.3.5.3.1 India Ultrasonic Devices Market by Type
9.3.5.3.2 India Ultrasonic Devices Market by Application
9.3.5.4 Japan Ultrasonic Devices Market
9.3.5.4.1 Japan Ultrasonic Devices Market by Type
9.3.5.4.2 Japan Ultrasonic Devices Market by Application
9.3.5.5 South Korea Ultrasonic Devices Market
9.3.5.5.1 South Korea Ultrasonic Devices Market by Type
9.3.5.5.2 South Korea Ultrasonic Devices Market by Application
9.3.5.6 Rest of Asia-Pacific Ultrasonic Devices Market
9.3.5.6.1 Rest of Asia-Pacific Ultrasonic Devices Market by Type
9.3.5.6.2 Rest of Asia-Pacific Ultrasonic Devices Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Ultrasonic Devices Market Overview
9.4.2 Middle East and Africa Ultrasonic Devices Market Forecasts and Analysis
9.4.3 Middle East and Africa Ultrasonic Devices Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Ultrasonic Devices Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Ultrasonic Devices Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Ultrasonic Devices Market
9.4.5.1.1 South Africa Ultrasonic Devices Market by Type
9.4.5.1.2 South Africa Ultrasonic Devices Market by Application
9.4.5.2 Saudi Arabia Ultrasonic Devices Market
9.4.5.2.1 Saudi Arabia Ultrasonic Devices Market by Type
9.4.5.2.2 Saudi Arabia Ultrasonic Devices Market by Application
9.4.5.3 U.A.E Ultrasonic Devices Market
9.4.5.3.1 U.A.E Ultrasonic Devices Market by Type
9.4.5.3.2 U.A.E Ultrasonic Devices Market by Application
9.4.5.4 Rest of Middle East and Africa Ultrasonic Devices Market
9.4.5.4.1 Rest of Middle East and Africa Ultrasonic Devices Market by Type
9.4.5.4.2 Rest of Middle East and Africa Ultrasonic Devices Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Ultrasonic Devices Market Overview
9.5.2 South and Central America Ultrasonic Devices Market Forecasts and Analysis
9.5.3 South and Central America Ultrasonic Devices Market Forecasts and Analysis - By Type
9.5.4 South and Central America Ultrasonic Devices Market Forecasts and Analysis - By Application
9.5.5 South and Central America Ultrasonic Devices Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Ultrasonic Devices Market
9.5.5.1.1 Brazil Ultrasonic Devices Market by Type
9.5.5.1.2 Brazil Ultrasonic Devices Market by Application
9.5.5.2 Argentina Ultrasonic Devices Market
9.5.5.2.1 Argentina Ultrasonic Devices Market by Type
9.5.5.2.2 Argentina Ultrasonic Devices Market by Application
9.5.5.3 Rest of South and Central America Ultrasonic Devices Market
9.5.5.3.1 Rest of South and Central America Ultrasonic Devices Market by Type
9.5.5.3.2 Rest of South and Central America Ultrasonic Devices Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL ULTRASONIC DEVICES MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ULTRASONIC DEVICES MARKET, KEY COMPANY PROFILES
12.1. PHILIPS HEALTHCARE
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. SIEMENS HEALTHCARE
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. TOSHIBA CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. MINDRAY MEDICAL INTERNATIONAL LIMITED
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. GE HEALTHCARE
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. FUJIFILM HOLDINGS
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. ANALOGIC CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ESAOTE
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SAMSUNG MEDISON
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. HITACHI MEDICAL CORPORATION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Philips Healthcare
2. Siemens Healthcare
3. Toshiba Corporation
4. Mindray Medical International Limited
5. GE Healthcare
6. Fujifilm Holdings
7. Analogic Corporation
8. Esaote
9. Samsung Medison
10. Hitachi Medical Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.