Ultrasound Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW
Ultrasound is a medical device which is used to perform imaging diagnostics. An ultrasound system uses high-frequency sound waves to capture live images from the inside of your body. It is helps to diagnose causes of pain, infection or swelling in the internal organ. Moreover, the system is used to examine a baby in pregnant women and the hips and brain in infants. In addition, the ultrasound system helps to guide surgeons' movements during medical procedures, such as biopsies. 

MARKET SCOPE
The "Global Ultrasound Market Analysis to 2031" 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 the Ultrasound market with detailed market segmentation by type, modality, technology, application, end-user, and geography. The report provides key statistics on the market status of the leading Ultrasound market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

• Based on type, the global Ultrasound market is segmented into Color Ultrasound and Black & White (B/W) Ultrasound.
• Based on Modality, the global Ultrasound market is segmented into Compact/Handheld Ultrasound Systems, Trolley/Cart-Based Ultrasound Systems and Point-of-Care (POC) Ultrasound Systems.
• Based on Technology, the global Ultrasound market is segmented into Diagnostic Ultrasound and Therapeutic Ultrasound.
• Based on Application global Ultrasound market is segmented into cardiology, vascular, radiology/general imaging, urology, pain management orthopedic & musculoskeletal, obstetrics/gynecology and others
• Based on End-User global Ultrasound market is segmented into hospitals, diagnostics centers, maternity centers and others.

MARKET DYNAMICS
Drivers:

• Increasing prevalence of chronic disorders
• Growing technological advancements
• Increasing geriatric population

Restraints:

• Unfavorable Healthcare

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Ultrasound market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the 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 America after evaluating political, economic, social and technological factors affecting the Ultrasound market in these regions.

IMPACT OF COVID-19 ON ULTRASOUND MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. However, Elderly patients and those affected by hypertension, diabetes mellitus, and chronic pulmonary and cardiovascular conditions are more susceptible to present more severe forms of COVID-19. In using point-of-care ultrasound, particularly lung ultrasound, to indicate the probability of COVID-19 in patients with end-stage renal disease treated by hemodialysis. Thus, ultrasound market has increased during COVID-19.

Ultrasound Market Report Analysis

Ultrasound Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• ESAOTE SPA
• Analogic Corporation
• FUJIFILM Holdings Corporation
• General Electric Company
• Koninklijke Philips N.V.
• Hitachi, Ltd.
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
• Siemens AG
• CANON MEDICAL SYSTEMS CORPORATION

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Color Ultrasound
• Black & White Ultrasound

By Modality

• Compact/Handheld Ultrasound Systems
• Trolley/Cart-Based Ultrasound Systems and Point-of-Care
• Ultrasound Systems

By Technology

• Diagnostic Ultrasound and Therapeutic Ultrasound

By Application

• Cardiology
• Vascular
• Radiology/General Imaging
• Urology
• Pain Management Orthopedic & Musculoskeletal
• Obstetrics/Gynecology

MARKET PLAYERS
The report covers key developments in the Ultrasound 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 activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Ultrasound market are anticipated to lucrative growth opportunities in the future with the rising demand for Ultrasound in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Ultrasound market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• ESAOTE SPA
• Analogic Corporation
• FUJIFILM Holdings Corporation
• General Electric Company
• Koninklijke Philips N.V.
• Hitachi, Ltd.
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
• Siemens AG
• CANON MEDICAL SYSTEMS CORPORATION
• Shimadzu Corporation

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Ultrasound Market Report Scope