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Medical Ultrasound Equipment - Global Strategic Business Report

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    Report

  • 549 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338878
The global market for Medical Ultrasound Equipment is estimated at US$6.9 Billion in 2023 and is projected to reach US$10.2 Billion by 2030, growing at a CAGR of 5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Diagnostic application segment, which is expected to reach US$6.5 Billion by 2030 with a CAGR of 4.8%. The Therapeutic application segment is also set to grow at 5.4% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.4 Billion in 2023, and China, forecasted to grow at an impressive 6.2% CAGR to reach $2.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Medical Ultrasound Equipment Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Medical Ultrasound Equipment Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Medical Ultrasound Equipment Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as B. Braun Melsungen AG, Boston Scientific Corporation, GE HealthCare PLC, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 71 Featured):

  • B. Braun Melsungen AG
  • Boston Scientific Corporation
  • GE HealthCare PLC
  • Hologic, Inc.
  • FUJIFILM Holdings Corporation
  • Konica Minolta, Inc.
  • Koninklijke Philips N.V.
  • EDAP TMS SA
  • EDAN Instruments, Inc.
  • BenQ Medical Technology Corporation
  • BK Ultrasound
  • Echo-Son SA
  • Konica Minolta Healthcare
  • Alpinion Medical Systems Co., Ltd.
  • Draminski SA

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Medical Ultrasound: An Overview
  • Comparison of Ultrasound against Other Imaging Modalities
  • Application Areas
  • Market Outlook: Long Term
  • Developing Countries Drive Future Growth
  • Major Challenges
  • Cost-Effectiveness of Ultrasound vis-a-vis Other Imaging Modalities
  • Cost Comparison of Different Imaging Modalities
  • Medical Ultrasound Equipment - Global Key Competitors Percentage Market Share in 2023 (E)
  • Compact PorTable Ultrasound Systems Lend Traction to Point-of-Care Imaging
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Recent Market Activity
  • Competitive Landscape
  • Market Share of Leading Players in Global Handheld Ultrasound Equipment Market: 2023
  • Consolidation Remains Rampant
  • World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Technology Advances Spur Growth
  • Artificial Intelligence at the Forefront in New Ultrasound Systems
  • Enhanced Visualization Methods Enter the Ultrasound Space
  • Improved Electronics Drive Development of Advanced Systems
  • Automated Ultrasound Scanning Improves Department Efficiiency
  • Advances in Compact Ultrasound Systems
  • Ergonomics Gains Importance in New Product Designs
  • Elastography Makes Waves in Ultrasound Industry
  • Real-time 3D or 4D Ultrasound Imaging Grows in Prominence
  • Increasing Rates of Breast Cancer Drives Ultrasound Presence as a Supplementary Imaging Tool for Breast Cancer
  • Incidence of Breast Cancer Worldwide by Region: 2023
  • Rise in Incidence of Cardiovascular Diseases Drives Demand for Echocardiography
  • Global Cardiovascular Ultrasound Procedure Share: 2023
  • Fatalities by Heart Conditions - Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
  • Emphasis on Improved Healthcare Delivery Drives Use of Ultrasound in Prenatal Diagnostics
  • Global New Births (in Millions) per Annum by Geographic Region
  • Ultrasound for Therapeutic Applications: Largely Untapped
  • Select FDA Approved Modes for Ultrasound Therapy
  • Focused Ultrasound: Multiple Therapeutic Possibilities
  • Application of Ultrasound in Alleviating Parkinson’s Tremors
  • Prevalence of Kidney Stones Drives Use of Ultrasound Technology
  • Urinary Calculus Incidence by Type in the US: Percentage Breakdown of Incidence by StoneType
  • Advancements in Ultrasound Fusion Technology
  • Ultrasound and MRI Imaging: An Efficient Combination
  • Contrast Agents Expand Ultrasound Applications
  • Commercially Available Contrast Agents for Cardiology Applications
  • Microbubbles/Ultrasound Contrast Agents Set for Strong Growth
  • Rise in Healthcare Expenditure to Drive Growth
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Demographic Factors Buoy Demand for Ultrasound Equipment
  • Elderly Healthcare Expenditure as a % of GDP
  • Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Diagnostic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Diagnostic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Diagnostic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Therapeutic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Therapeutic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Therapeutic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Hospitals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Diagnostic Laboratories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Diagnostic Laboratories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Diagnostic Laboratories by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Radiology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Radiology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Radiology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Obstetrics/Gynecology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Obstetrics/Gynecology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Obstetrics/Gynecology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Cardiology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Cardiology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Cardiology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Vascular by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Vascular by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Vascular by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 30: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 31: World Medical Ultrasound Equipment Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 32: World Recent Past, Current & Future Analysis for Medical Ultrasound Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 33: World Historic Review for Medical Ultrasound Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 34: World 16-Year Perspective for Medical Ultrasound Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Overview
  • POCUS Gains Significance Amid the Pandemic
  • Technological Innovations Drive Adoption
  • Ageing Demographics: Major Driving Factor
  • US Population by Age Group: 2016, 2020, 2030 (in Million)
  • PorTable Compact Ultrasound Systems Grow in Significance
  • Competitive Scenario
  • Market Share of Leading Players in the US Ultrasound Imaging Market: 2023
  • Market Analytics
CANADA
JAPAN
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Market Overview
  • Breakdown of Population by Age Group in Japan: 2010, 2020, and 2025
  • Market Analytics
CHINA
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
  • Large Population & Increasing Healthcare Expenditure to Drive Future Growth
  • Leading Players
  • Market Share of Leading Players in Chinese Ultrasound Equipment Market: 2023
  • Market Analytics
EUROPE
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Overview
FRANCE
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Market Overview
  • Market Analytics
AUSTRALIA
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Market Analytics
SOUTH KOREA
  • Market Overview
  • Market Analytics
REST OF ASIA-PACIFIC
LATIN AMERICA
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Medical Ultrasound Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • B. Braun Melsungen AG
  • Boston Scientific Corporation
  • GE HealthCare PLC
  • Hologic, Inc.
  • FUJIFILM Holdings Corporation
  • Konica Minolta, Inc.
  • Koninklijke Philips N.V.
  • EDAP TMS SA
  • EDAN Instruments, Inc.
  • BenQ Medical Technology Corporation
  • BK Ultrasound
  • Echo-Son SA
  • Konica Minolta Healthcare
  • Alpinion Medical Systems Co., Ltd.
  • Draminski SA

Table Information