- Report ID: BMRC 796 | Number of pages: 200 | Publish Date: Feb 2020
Status: Published | Category: Healthcare | Delivery Timeline:
Ultrasound Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Ultrasound Market place for the forecast 2020– 2025
Rising patient preference for minimally invasive procedures and increasing number of hospitals & diagnostic centers are powering the development of the market during the coming period.
Ultrasound is a medical imaging technique that employs high-frequency sound waves to visualize the body’s internal organs. It is fitted with a probe that transfers the ultrasonic high-frequency sound waves into the patient’s body. These sound waves are then mirrored into the probe by the body organs and are transferred to a display machine that creates the image with the assistance of echoes. An ultrasound transducer system or ultrasound machine is employed to visualize kidneys, human fetus, liver, heart, blood vessels, and other organs. It is a kind of diagnostic imaging method that is also employed to probe pregnant females. Ultrasound machines can also be used in sonography, which can assist in both therapeutic procedures and diagnosis.
By technology, the market is divided into therapeutic ultrasound (shockwave lithotripsy, focused ultrasound) and diagnostic ultrasound (3D, 2D, Doppler, and 4D ultrasound). The diagnostic ultrasound section is predicted to add up for the bigger share of the market. The huge share of this section can be credited to the significant employment of 2D ultrasound in female’s health, ongoing technical advancements in the field of diagnostic ultrasound imaging, availability of medical reimbursements for diagnostic ultrasound procedures in mature markets, and the rising applications of up-and-coming ultrasound methods.
By system portability, the market is divided into compact/handheld ultrasound systems, trolley/cart-based ultrasound systems, and point-of-care ultrasound systems. The trolley/cart-based ultrasound systems section is predicted to add up for the biggest share of the market. The huge share of this section is credited to the increasing acceptance of these systems all over main markets owing to their elevated employment in emergency care and acute care settings in healthcare institutions and hospitals.
By application, the global ultrasound market is divided into obstetrics/gynecology, radiology/general imaging, vascular applications, pain management, cardiologic applications, orthopedic & musculoskeletal applications, urological applications, and other applications. The radiology/general imaging applications section is predicted to have the biggest market share. Factors such as the technical advancements in the field of ultrasound-based treatment and diagnosis, rising incidence of various cancers across major nations, physician preference for HIFU in cancer treatment, increasing market availability, the increasing adoption of focused ultrasound in disease therapies, and increasing usage of ultrasound in tissue biopsy and cancer diagnosis are powering the development of the radiology/general imaging section.
The major players included in the global ultrasound market forecast are,
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BY DEVICE PORTABILITY
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Factors Such As The Rising Occurrence Of Target Diseases And Technological Advancements Are Powering The Development Of The Global Ultrasound Market
Factors such as the rising occurrence of target diseases, technological advancements, rising patient preference for minimally invasive procedures, increasing private & public investments, grants, and funding, and increasing number of hospitals & diagnostic centers are powering the development of the market during the coming period.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
Europe Is Predicted To Have The Biggest Share Of The Market In The Coming Period
Europe is predicted to have the biggest share of the market in the coming period. Factors such as the expansions in the clinical applications of focused ultrasound, huge number of current clinical research projects in the area of ultrasound, and the early commercialization of these machines in the area, along with the noteworthy healthcare expenditure all over developed European nations (such as France, Germany, Italy, the UK, and Spain) are powering the development of the market in Europe.
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Ultrasound Market 2020 BY PRODUCT TYPE (Diagnostic Ultrasound Systems, 2D Imaging Systems, 3D & 4D Imaging Systems, Doppler Imaging, Therapeutic Ultrasound Systems ,High-Intensity Focused Ultrasound (HIFU), Extracorporeal Shockwave Lithotripsy (ESWL)), BY DEVICE DISPLAY TYPE (Color Ultrasound Devices, Black & White (B/W) Ultrasound Devices), BY DEVICE PORTABILITY (Trolley/Cart-Based Ultrasound Devices, Compact/Handheld Ultrasound Devices) Forecast to 2025