The future of the ultrasound probe market looks promising with opportunities in the hospitals, clinics, diagnostic centers, and ambulatory surgical centers. The global ultrasound probe market is expected to reach an estimated $486.9 million by 2028 with a CAGR of 4% from 2023 to 2028. The major drivers for this market are growing number of ultrasound imaging procedures along with increasing cases of chronic diseases related to pulmonary artery-related disorders.
A more than 150-page report is developed to help in your business decisions.
Hospital is expected to witness the highest growth due to growing awareness towards high-level disinfection of semi-critical probes and increasing volume of ultrasound imaging procedures.
APAC will witness the highest growth due to the increasing public awareness towards in-vitro fertilization procedures and growing investment in healthcare infrastructure in the region.
Answer: The global ultrasound probe market is expected to reach an estimated $486.9 million by 2028.
Q2. What is the growth forecast for ultrasound probe market?
Answer: The global ultrasound probe market is expected to grow with a CAGR of 4% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the ultrasound probe market?
Answer: The major drivers for this market are growing number of ultrasound imaging procedures along with increasing cases of chronic diseases related to pulmonary artery-related disorders.
Q4. What are the major segments for ultrasound probe market?
Answer: The future of the ultrasound probe market looks promising with opportunities in the hospitals, clinics, diagnostic centers, and ambulatory surgical centers.
Q5. Who are the key ultrasound probe companies?
Answer: Some of the key ultrasound probe companies are as follows:
Answer: The analyst forecasts that wireless ultrasound probe will remain the largest segment over the forecast period as these are lightweight and ensure greater convenience and mobility compared to traditional wired probes.
Q7. In ultrasound probe market, which region is expected to be the largest in next 5 years?
Answer: APAC will witness the highest growth due to the increasing public awareness towards in-vitro fertilization procedures and growing investment in healthcare infrastructure in the region.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11.What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
A more than 150-page report is developed to help in your business decisions.
Ultrasound Probe Market by Segment
The study includes a forecast for the global ultrasound probe market by type, product type, application, end use, and region, as follows:Ultrasound Probe Market by Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- Single type
- Linear Type
- Convex Type
- Phased Array Type
- Endocavitary Type
- Cerebrovascular Doppler
- Transesophageal echocardiography probes
Ultrasound Probe Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- Wireless Ultrasound Probe
- Wired Ultrasound Probe
Ultrasound Probe Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
- Breast and Thyroid
- Ophthalmology
- Urology
- Fetus heart rate
- Gastrointestinal Tract
- Intraoperative
- Healthcare
- Muscle
- Fat
- Obstetrics/ Gynecology (OB-Gyn)
- Superficial
- Endocavity
- Urology
Ultrasound Probe Market by End Use [Value ($B) Shipment Analysis from 2017 to 2028]:
- Hospitals
- Clinics
- Diagnostic Centers
- Ambulatory Surgical Centers
- Others
Ultrasound Probe Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Ultrasound Probe Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ultrasound probe companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ultrasound probe companies profiled in this report include.- NIHON DEMPA KOGYO
- UNILABS
- GENERAL ELECTRIC
- Koninklijke Philips N.V.
- Siemens Healthcare
- FUJIFILM Corporation
- Samsung Electronics
- Hitachi
- ESAOTE SPA
- FUKUDA DENSHI
- Hologic
- Analogic Corporation
- TOSHIBA CORPORATION
Ultrasound Probe Market Insights
The analyst forecasts that wireless ultrasound probe will remain the largest segment over the forecast period as these are lightweight and ensure greater convenience and mobility compared to traditional wired probes.Hospital is expected to witness the highest growth due to growing awareness towards high-level disinfection of semi-critical probes and increasing volume of ultrasound imaging procedures.
APAC will witness the highest growth due to the increasing public awareness towards in-vitro fertilization procedures and growing investment in healthcare infrastructure in the region.
Features of the Ultrasound Probe Market
- Market Size Estimates: Ultrasound probe market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Ultrasound probe market size by various segments, such as by type, product type, application, end use, and region
- Regional Analysis: Ultrasound probe market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by type, product type, application, end use, and regions for the ultrasound probe market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ultrasound probe market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQS
Q1. What is the ultrasound probe market size?Answer: The global ultrasound probe market is expected to reach an estimated $486.9 million by 2028.
Q2. What is the growth forecast for ultrasound probe market?
Answer: The global ultrasound probe market is expected to grow with a CAGR of 4% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the ultrasound probe market?
Answer: The major drivers for this market are growing number of ultrasound imaging procedures along with increasing cases of chronic diseases related to pulmonary artery-related disorders.
Q4. What are the major segments for ultrasound probe market?
Answer: The future of the ultrasound probe market looks promising with opportunities in the hospitals, clinics, diagnostic centers, and ambulatory surgical centers.
Q5. Who are the key ultrasound probe companies?
Answer: Some of the key ultrasound probe companies are as follows:
- NIHON DEMPA KOGYO
- UNILABS
- GENERAL ELECTRIC
- Koninklijke Philips N.V.
- Siemens Healthcare
- FUJIFILM Corporation
- Samsung Electronics
- Hitachi
- ESAOTE SPA
- FUKUDA DENSHI
Answer: The analyst forecasts that wireless ultrasound probe will remain the largest segment over the forecast period as these are lightweight and ensure greater convenience and mobility compared to traditional wired probes.
Q7. In ultrasound probe market, which region is expected to be the largest in next 5 years?
Answer: APAC will witness the highest growth due to the increasing public awareness towards in-vitro fertilization procedures and growing investment in healthcare infrastructure in the region.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
This report answers the following 11 key Questions
Q.1. What are some of the most promising, high-growth opportunities for the ultrasound probe market by type (single type, linear type, convex type, phased array type, endocavitary type, cerebrovascular doppler, and transesophageal echocardiography probes), product type (wireless ultrasound probe and wired ultrasound probe), application (breast and thyroid, ophthalmology, urology, fetus heart rate, gastrointestinal tract, intraoperative, healthcare, muscle, fat, obstetrics/ gynecology (OB-GYN), superficial, endocavity, and urology), end use (hospitals, clinics, diagnostic centers, ambulatory surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11.What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Table of Contents
1. Executive Summary
2. Global Ultrasound Probe Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2017 to 2028
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- NIHON DEMPA KOGYO
- UNILABS
- GENERAL ELECTRIC
- Koninklijke Philips N.V.
- Siemens Healthcare
- FUJIFILM Corporation
- Samsung Electronics
- Hitachi
- ESAOTE SPA
- FUKUDA DENSHI
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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