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Ultrasound Market Global Production, Growth, Share, Demand and Applications Forecast to 2029
Ultrasound Market size was valued at USD 6.8 Bn. in 2021 and the total Ultrasound revenue is expected to grow by 6.5% from 2022 to 2029, reaching nearly USD 11.25 Bn.

Ultrasound Market Overview

The report by Maximize Market Research focuses on the Ultrasound market and provides an in-depth analysis by segments and sub-segments in global and regional markets. The report also includes drivers, restraints, and macro factors affecting the global and regional Ultrasound markets in the medium and long run. The research includes an in-depth analysis of the global Ultrasound market's trends, predictions, and monetary values. According to the report, between the years 2021 and 2029, the global Ultrasound market is predicted to grow at a significant CAGR.

Ultrasound Market Scope

The report explores demand through forecasts period, market trends, and micro and macro determinants. Moreover, the research illustrates the variables that are driving and limiting the Ultrasound market's growth. The MMR provides existing and new market participants insight into prospective investment opportunities in Ultrasound market. To give market insights, the report employs analytical approaches such as Porter's five forces analysis and PESTLE of the Ultrasound market. In addition, the study looks at current market trends as well as estimates for the years 2021-2029. The report identified important future developments that will have an impact on demand over the forecast period in the market.

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Segmentation : 

Diagnostic Ultrasound devices hold a 72% share of the market in terms of technology. This is because of the numerous applications in obstetrics, cardiology, and oncology. Furthermore, the growing prevalence of various lifestyle-related disorders, as well as technological advancements, are expected to drive demand for diagnostic ultrasound devices. Furthermore, rising demand for improved diagnostic devices such as miniaturised 2D and 3D/4D diagnostic ultrasound devices is expected to drive the global market for diagnostic ultrasound devices. The segment is further classified as 2D, 3D/4D, and Doppler.

by Technology

• Diagnostic Ultrasound
o 2D Ultrasound
o 3D & 4D Ultrasound
o Doppler Ultrasound
• Therapeutic Ultrasound
o High-Intensity Focused Ultrasound (HIFU)
o Extracorporeal Shockwave Lithotripsy (ESWL)

by Portability

• Trolley/Cart-based Ultrasound Systems
• Compact/Handheld Ultrasound Systems
• Point-of-care (PoC) Ultrasound Systems

by Application

• Radiology/General Imaging Applications
• Obstetrics/Gynecology Applications
• Cardiology Applications
• Urology Applications
• Vascular Applications
• Orthopedic and Musculoskeletal Applications
• Pain Management Applications
• Other Applications (hepatology, neurology, bariatric surgery, breast imaging, and emergency care, among others)

by Component

• Transducers/ Probes
o Curvilinear/ Convex Array Probes
o Linear Array Probes
o Phased Array Probes
o Other Probes
• Workstations
• Other components

by End User

• Hospitals, Surgical Centers, and Diagnostic Centers
• Maternity Centers
• Ambulatory Care Centers
• Research and Academia
• Other End Users (physiotherapy clinics, independent associations, government organizations, and sports academies, among others)

Key Players

• Hologic, Inc (US)
• Integra Medical Systems LLC (US)
• Analogic Corporation (US)
• Carestream Health (US)
• Medgyn Products, Inc (US)
• United Imaging Healthcare Co., Ltd. (US)
• Clarius Mobile Health (Canada)
• Neusoft Corporation (China)
• SonoScape Medical Corp. (China)
• Mindray Medical International Limited (China)
• Chison Medical Technologies Co., Ltd. (China)
• CANON MEDICAL SYSTEMS CORPORATION (Japan)
• Hitachi Ltd. (Japan)
• FUJIFILM Holdings Corporation (Japan)
• Konica Minolta, Inc (Japan)
• Samsung Medison Co., Ltd. (South Korea)
• CURA Healthcare (India)
• Siemens Healthcare (Germany)
• Esaote SpA (Italy)
• Koninklijke Philips N.V. (Netherlands)

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Regional Analysis

The research report gives a detailed analysis of the Ultrasound market that is divided into regions. The report includes an evaluation of regional market participants operating in the competitive market, as well as findings existing in the target market. Based on the regional and country by-country, the research evaluates the market in North America, Latin America, Europe, Asia Pacific (APAC), Africa, and the Middle East. Each region's market is thoroughly studied, allowing for the discovery of regional Ultrasound market trends, constraints, and growth potential.

Key Questions answered in the Ultrasound Market Report are:

  • What is Ultrasound Market?
  • What is the forecast period of the Market?
  • What is the competitive scenario of the market?
  • Which region held the largest market share in the Market?
  • What are the opportunities for the Market?
  • What are the restraining factors in the market?
  • Who are the key players of the market?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Ultrasound
  • Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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