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Ultrasound Devices - Global Market Trajectory & Analytics

  • ID: 5141504
  • Report
  • April 2021
  • Region: Global
  • 378 Pages
  • Global Industry Analysts, Inc
Global Ultrasound Devices Market to Reach $9.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Ultrasound Devices estimated at US$7.1 Billion in the year 2020, is projected to reach a revised size of US$9.4 Billion by 2027, growing at a CAGR of 4% over the period 2020-2027. Diagnostic Ultrasound, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$6.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Therapeutic Ultrasound segment is readjusted to a revised 3.4% CAGR for the next 7-year period.



The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 7.2% CAGR

The Ultrasound Devices market in the U.S. is estimated at US$1.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2027 trailing a CAGR of 7.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.

Select Competitors (Total 42 Featured):
  • Analogic Corporation
  • Canon Medical Systems Corporation
  • Esaote SpA
  • FUJIFILM Holdings Corporation
  • GE Healthcare
  • Hitachi Ltd.
  • Koninklijke Philips NV
  • Mindray Medical International Ltd.
  • Samsung Medison Co., Ltd.
  • Siemens Healthineers
Frequently Asked Questions about the Global Market for Ultrasound Devices

What is the estimated value of the Global Market for Ultrasound Devices?

The Global Market for Ultrasound Devices was estimated to be valued at $7.1 Billion in 2020.

What is the growth rate of the Global Market for Ultrasound Devices?

The growth rate of the Global Market for Ultrasound Devices is 4.1%, with an estimated value of $9.4 Billion by 2027.

What is the forecasted size of the Global Market for Ultrasound Devices?

The Global Market for Ultrasound Devices is estimated to be worth $9.4 Billion by 2027.
Note: Product cover images may vary from those shown

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown