United States Ultrasound Devices Market is predicted to be priced at around US$ 3.72 Billion by 2030. In modern-day US healthcare, ultrasound devices are quintessential equipment, revolutionizing diagnostics and treatments. They offer actual-time, non-invasive imaging essential for prenatal care, cardiac exams, and tumor detection. Portable and versatile, they facilitate care in various settings, from city hospitals to rural clinics, ensuring equitable access to medical services. With advancements like 3D and Doppler imaging, ultrasounds resource precise diagnoses and remedy-making plans, enhancing patient consequences. Beyond medicinal drugs, they find utility in various fields like sports remedies, veterinary care, and business inspections. In modern-day America, ultrasound devices epitomize innovation, driving progress in healthcare transport and enhancing lives.
The rising use of ultrasound systems for diagnostic imaging and therapy and the increasing occurrence of chronic and lifestyle-related illnesses are the essential factors predicted to pressure the market boom. Ultrasound technology is utilized in diverse software regions, such as cardiology, obstetrics/gynecology, vascular, orthopedic, and widespread imaging. The rising prevalence of cardiac problems is anticipated to reinforce the average market increase. As per the CDC, in the U.S., every 12 months, approximately 805,000 human beings have a heart attack, and about one in 20 adults (about 5%) aged two decades and older have coronary artery disorder.
Furthermore, with the new research developments and innovations in the area, coupled with the launch of new products by the leading industry players and new approvals from the United States Food and Drug Administration, the ultrasound market is further anticipated to increase over the projection period of the research. As a result, the United States ultrasound device market was US$ 2.61 Billion in 2023.
In February 2023 - GE Healthcare stated that it had registered a contract to obtain Caption Health, Inc., a private AI healthcare services company. Caption Health, Inc. specializes in developing medical devices that aid in early disease diagnosis, including using AI to assist in ultrasound scanning.
In March 2022 - Philips launched Ultrasound Workspace at the American College of Cardiology's expo. It's a vendor-neutral echocardiography image analysis and reporting solution that people can access remotely via a browser.
The report titled “United States Ultrasound Device Market By Products (Diagnostics Ultrasound and Therapeutic Ultrasound), Portability(Trolley/Cart-based Ultrasound Devices and Compact/Handheld Ultrasound Devices), Application (Radiology/General Imaging, Cardiology, Gynecology, Vascular, Urology, and Others), End-Users (Hospitals, Surgical Centers, Diagnostic Centers, Maternity Centers, Ambulatory Care Centers, and Academic Institutions), Company Analysis (GE Healthcare, Healthcare Hologic Inc., Butterfly Network, Hitachi Healthcare Americas, Samsung Electronics Co.Ltd, Hologic, Inc., and Fujifilm Holdings Corporation)” provides a complete study of the United States Ultrasound Device Industry.
2. Therapeutic Ultrasound
2. Compact/Handheld Ultrasound Devices
2. Cardiology
3. Gynecology
4. Vascular
5. Urology
6. Others
2. Surgical Centers
3. Diagnostic Centers
4. Maternity Centers
5. Ambulatory Care Centers
6. Academic Institutions
2. Healthcare Hologic Inc.
3. Butterfly Network
4. Hitachi Healthcare Americas
5. Samsung Electronics Co.Ltd
6. Hologic, Inc.
7. Fujifilm Holdings Corporation
United States Ultrasound Device Market is foreseen to increase a CAGR of 5.19% from 2024 to 2030
The upward thrust is pushed by the developing usage of ultrasound equipment for diagnostic imaging and remedy and the developing occurrence of persistent and lifestyle issues. Other factors influencing market increase encompass increased demand for minimally invasive surgeries and frequent trends in ultrasound imaging generation. Ultrasound is a primary diagnostic device in clinical imaging compared to other diagnostic imaging structures because it's far less expensive and quicker. Moreover, as it no longer utilizes ionizing radiation or magnetic fields, it is safer than different imaging technologies.The rising use of ultrasound systems for diagnostic imaging and therapy and the increasing occurrence of chronic and lifestyle-related illnesses are the essential factors predicted to pressure the market boom. Ultrasound technology is utilized in diverse software regions, such as cardiology, obstetrics/gynecology, vascular, orthopedic, and widespread imaging. The rising prevalence of cardiac problems is anticipated to reinforce the average market increase. As per the CDC, in the U.S., every 12 months, approximately 805,000 human beings have a heart attack, and about one in 20 adults (about 5%) aged two decades and older have coronary artery disorder.
Furthermore, with the new research developments and innovations in the area, coupled with the launch of new products by the leading industry players and new approvals from the United States Food and Drug Administration, the ultrasound market is further anticipated to increase over the projection period of the research. As a result, the United States ultrasound device market was US$ 2.61 Billion in 2023.
Therapeutic ultrasound use is increasing in the US ultrasound device market
By products, the United States ultrasound device market is fragmented into Diagnostics Ultrasound and Therapeutic Ultrasound. Therapeutic ultrasound is poised for an increase within the United States ultrasound device market. This is due to its expanding packages throughout ache management, bodily therapy, and sports medication. As the population's life lasts longer and becomes more active, there is a rising demand for non-invasive treatments to alleviate musculoskeletal disorders and injuries. Therapeutic ultrasound offers a centered remedy, promoting tissue recovery and rehabilitation. With technological improvements and growing awareness of its benefits, the market for therapeutic ultrasound in the US is expected to flourish.Trolley or cart-based ultrasound devices are the most popular in the United States market
By portability, the United States ultrasound device market is categorized into Trolley/Cart-based Ultrasound Devices and Compact/Handheld Ultrasound Devices. Trolley/cart-based ultrasound devices dominate the US market. This is because of their versatility, superior imaging skills, and substantial scientific applications. They provide excessive-decision imaging and cater to numerous clinical specialties, including obstetrics, cardiology, and oncology. These systems offer more advantageous features, including advanced Doppler and 3-D/4D imaging, critical for accurate diagnoses and remedy planning. Moreover, their ergonomic layout and mobility enable green workflow in hospitals and clinics. As healthcare carriers prioritize performance and versatility, trolley/cart-based ultrasound devices stay desired within the United States ultrasound device market.Radiology and general imaging dominate the ultrasound device market in the United States
By application, the United States ultrasound device market is segmented into Radiology/General Imaging, Cardiology, Gynecology, Vascular, Urology, and Others. Radiology/general imaging commands the most significant share of the US ultrasound device market. This is owed to its wide range of diagnostic applications throughout numerous scientific specialties. From assessing abdominal and pelvic situations to diagnosing musculoskeletal and vascular problems, radiology/general imaging ultrasound is a flexible tool for healthcare companies. With advancements like high-frequency probes and comparison-improved imaging, these structures offer better diagnostic accuracy. The developing occurrence of continual diseases necessitates frequent imaging, further propelling the need for radiology/general ultrasound devices in the US.United States hospitals will continue to lead the ultrasound device market
By end-users, the United States ultrasound device market is divided into Hospitals, Surgical Centers, Diagnostic Centers, Maternity Centers, Ambulatory Care Centers, and Academic Institutions. Hospitals are poised to keep their leadership within the ultrasound device market in the United States. This is because they are the number one care providers and centers of clinical excellence. With an extensive range of specialties and patient populations, hospitals require versatile ultrasound structures for diagnostics, tracking, and interventions. Moreover, technological improvements, which include portable and point-of-care ultrasound gadgets, enhance their efficiency and utility within clinical settings. As hospitals prioritize quality care and technological innovation, they're predicted to maintain their dominance in the US ultrasound device market.Key Players
The key market players in the United States ultrasound device market are GE Healthcare, Healthcare Hologic Inc., Butterfly Network, Hitachi Healthcare Americas, Samsung Electronics Co.Ltd, Hologic, Inc., and Fujifilm Holdings Corporation.In February 2023 - GE Healthcare stated that it had registered a contract to obtain Caption Health, Inc., a private AI healthcare services company. Caption Health, Inc. specializes in developing medical devices that aid in early disease diagnosis, including using AI to assist in ultrasound scanning.
In March 2022 - Philips launched Ultrasound Workspace at the American College of Cardiology's expo. It's a vendor-neutral echocardiography image analysis and reporting solution that people can access remotely via a browser.
The report titled “United States Ultrasound Device Market By Products (Diagnostics Ultrasound and Therapeutic Ultrasound), Portability(Trolley/Cart-based Ultrasound Devices and Compact/Handheld Ultrasound Devices), Application (Radiology/General Imaging, Cardiology, Gynecology, Vascular, Urology, and Others), End-Users (Hospitals, Surgical Centers, Diagnostic Centers, Maternity Centers, Ambulatory Care Centers, and Academic Institutions), Company Analysis (GE Healthcare, Healthcare Hologic Inc., Butterfly Network, Hitachi Healthcare Americas, Samsung Electronics Co.Ltd, Hologic, Inc., and Fujifilm Holdings Corporation)” provides a complete study of the United States Ultrasound Device Industry.
Products - United States Ultrasound Device Market breakup in 2 viewpoints:
1. Diagnostics Ultrasound2. Therapeutic Ultrasound
Portability - United States Ultrasound Device Market breakup in 2 viewpoints:
1. Trolley/Cart-based Ultrasound Devices2. Compact/Handheld Ultrasound Devices
Application - United States Ultrasound Device Market breakup in 6 viewpoints:
1. Radiology/General Imaging2. Cardiology
3. Gynecology
4. Vascular
5. Urology
6. Others
End-Users - United States Ultrasound Device Market breakup in 6 viewpoints:
1. Hospitals2. Surgical Centers
3. Diagnostic Centers
4. Maternity Centers
5. Ambulatory Care Centers
6. Academic Institutions
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
1. GE Healthcare2. Healthcare Hologic Inc.
3. Butterfly Network
4. Hitachi Healthcare Americas
5. Samsung Electronics Co.Ltd
6. Hologic, Inc.
7. Fujifilm Holdings Corporation
Table of Contents
1. Introduction2. Research & Methodology3. Executive Summary5. United States Ultrasound Device Market
4. Market Dynamics
6. Market Share - United States Ultrasound Device Analysis
7. Products - United States Ultrasound Device Market
8. Portability - United States Ultrasound Device Market
9. Application - United States Ultrasound Device Market
10. End-user- United States Ultrasound Device Market
11. Porter’s Five Forces - United States Ultrasound Device Market
12. SWOT Analysis - United States Ultrasound Device Market
13. Key Players Analysis
List of Figures
List of Tables
Companies Mentioned
- GE Healthcare
- Healthcare Hologic Inc.
- Butterfly Network
- Hitachi Healthcare Americas
- Samsung Electronics Co.Ltd
- Hologic, Inc.
- Fujifilm Holdings Corporation
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 115 |
| Published | February 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 2.61 Billion |
| Forecasted Market Value ( USD | $ 3.72 Billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | United States |
| No. of Companies Mentioned | 7 |
