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FEATURED COMPANIES
- Analogic Corporation
- Carestream Health, Inc.
- CURA Healthcare Pvt. Ltd.
- Esaote S.p.A
- GE Healthcare
- Hologic, Inc.
Free Webex Call
Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
The Global Ultrasound Systems Market stood at USD 10.67billion in 2020 in terms of value and is expected to grow at a CAGR of 4.87% during the forecast period on account of growing prevalence of target diseases worldwide which require effective diagnosis and treatment. Ultrasound systems help in both diagnosis and treatment of certain diseases. This, in addition to the technological advancement in the field of diagnostic & therapeutic ultrasound imaging, availability of medical reimbursements for diagnostic ultrasound procedures in mature markets, among others, is expected to positively influence the market growth over the next five years. Also, the growing applications of emerging ultrasound techniques such as Doppler ultrasound in vascular imaging and 3D/4D ultrasound in oncology is further strengthening the market growth through 2026.
The Global Ultrasound Systems Market is segmented by technology, display type, mobility, application, end-user, region, and company. Based on technology, the market can be bifurcated into diagnostic ultrasound and therapeutic ultrasounds. Diagnostic ultrasound segment dominated the market in 2020 with a share of around 74.53% and is expected to maintain its dominance in the forecast period also. This can be attributed to the growing demand for early and efficient diagnostics of the target diseases. The diagnostic ultrasound segment is further categorized into 2D Ultrasound, 3D & 4D Ultrasound and Doppler Ultrasound. Among these the 2D Ultrasound segment is expected to dominate the market in the next five years on account of the widespread use of 2D Ultrasound systems in women’s health. Furthermore, availability of reimbursements for diagnostic ultrasound procedures and advancements in the field of diagnostic ultrasounds is positively influencing the segmental growth. Based on application, the market can be fragmented into obstetrics/gynecology, general imaging, cardiology and urology. The obstetrics/gynecology segment is expected to dominate the market during the forecast period owing to the growing prevalence of different gynecological disorders requiring diagnosis and treatment.
Major companies operating in the Global Ultrasound Systems Market include Siemens Healthineers AG, GE Healthcare, Koninklijke Philips N.V., Canon Medical Systems Corporation, Fujifilm Holdings Corporation, Shimadzu Corporation, Hologic, Inc., among others. For instance, At the 73rd Annual Conference of Indian Radiological & Imaging Association (IRIA) 2020, Gandhinagar, Gujarat, Siemens Healthineers launched the ACUSON Redwood Ultrasound Systems. The Systems is built on the company’s new platform architecture and features advanced applications for greater clinical confidence, AI-powered tools for smart workflows and has shared services cardiology features used by different hospital departments. These features, along with its portable and lightweight design, offer clinicians an affordable and efficient high-performing imaging solution. Siemens Healthineers worked together with inputs from users to transform care delivery with the ACUSON Redwood; which is designed to deliver premium image quality, exceptional performance, and greater workflow efficiency. Also, GE Healthcare launched and commercialized several ultrasound products from 2017-2020. These include Versana Premier ultrasound Systems, Invenia Automated Breast Ultrasound (ABUS) 2.0 Systems and Versana Essential ultrasound. These product launches along with the advanced and wide range of other products offered by the company in different geographies are expected to boost the position of the company in the Global Ultrasound Systems Market and overall medical device industry.
Years considered for this report:
Objective of the Study:
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers, suppliers, and distributors across the globe. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufactures which could not be identified due to the limitations of secondary research. The publisher analyzed the manufactures, distribution channels and presence of all major players across the globe.
The publisher calculated the market size of the Global Ultrasound Systems Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as vendors, suppliers, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Ultrasound Systems Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Global Ultrasound Systems Market, By Technology:
Global Ultrasound Systems Market, By Display Type:
Global Ultrasound Systems Market, By Mobility:
Global Ultrasound Systems Market, By Application:
Global Ultrasound Systems Market, By End-User:
Global Ultrasound Systems Market, By Region:
Competitive Landscape
Available Customizations:
With the given market data, the publisher offers customizations according to a client’s specific needs.
The Global Ultrasound Systems Market is segmented by technology, display type, mobility, application, end-user, region, and company. Based on technology, the market can be bifurcated into diagnostic ultrasound and therapeutic ultrasounds. Diagnostic ultrasound segment dominated the market in 2020 with a share of around 74.53% and is expected to maintain its dominance in the forecast period also. This can be attributed to the growing demand for early and efficient diagnostics of the target diseases. The diagnostic ultrasound segment is further categorized into 2D Ultrasound, 3D & 4D Ultrasound and Doppler Ultrasound. Among these the 2D Ultrasound segment is expected to dominate the market in the next five years on account of the widespread use of 2D Ultrasound systems in women’s health. Furthermore, availability of reimbursements for diagnostic ultrasound procedures and advancements in the field of diagnostic ultrasounds is positively influencing the segmental growth. Based on application, the market can be fragmented into obstetrics/gynecology, general imaging, cardiology and urology. The obstetrics/gynecology segment is expected to dominate the market during the forecast period owing to the growing prevalence of different gynecological disorders requiring diagnosis and treatment.
Major companies operating in the Global Ultrasound Systems Market include Siemens Healthineers AG, GE Healthcare, Koninklijke Philips N.V., Canon Medical Systems Corporation, Fujifilm Holdings Corporation, Shimadzu Corporation, Hologic, Inc., among others. For instance, At the 73rd Annual Conference of Indian Radiological & Imaging Association (IRIA) 2020, Gandhinagar, Gujarat, Siemens Healthineers launched the ACUSON Redwood Ultrasound Systems. The Systems is built on the company’s new platform architecture and features advanced applications for greater clinical confidence, AI-powered tools for smart workflows and has shared services cardiology features used by different hospital departments. These features, along with its portable and lightweight design, offer clinicians an affordable and efficient high-performing imaging solution. Siemens Healthineers worked together with inputs from users to transform care delivery with the ACUSON Redwood; which is designed to deliver premium image quality, exceptional performance, and greater workflow efficiency. Also, GE Healthcare launched and commercialized several ultrasound products from 2017-2020. These include Versana Premier ultrasound Systems, Invenia Automated Breast Ultrasound (ABUS) 2.0 Systems and Versana Essential ultrasound. These product launches along with the advanced and wide range of other products offered by the company in different geographies are expected to boost the position of the company in the Global Ultrasound Systems Market and overall medical device industry.
Years considered for this report:
- Historical Years: 2016 - 2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022 - 2026
Objective of the Study:
- To analyze the historical growth in the market size of the Global Ultrasound Systems Market from 2016 to 2020.
- To estimate and forecast the market size of the Global Ultrasound Systems Market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the Global Ultrasound Systems Market based on technology, display type, mobility, application, end-user, region, and company.
- To identify dominant region or segment in the Global Ultrasound Systems Market.
- To identify drivers and challenges for the Global Ultrasound Systems Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Ultrasound Systems Market.
- To identify and analyze the profile of leading players operating in the Global Ultrasound Systems Market.
- To identify key sustainable strategies adopted by market players in the Global Ultrasound Systems Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers, suppliers, and distributors across the globe. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufactures which could not be identified due to the limitations of secondary research. The publisher analyzed the manufactures, distribution channels and presence of all major players across the globe.
The publisher calculated the market size of the Global Ultrasound Systems Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Manufacturers, end-users and other stakeholders
- Distributers and suppliers of ultrasound systems and other stakeholders
- Organizations, forums, and alliances related to ultrasound systems market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as vendors, suppliers, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Ultrasound Systems Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Global Ultrasound Systems Market, By Technology:
- Diagnostic Ultrasound
- 2D Ultrasound
- 3D & 4D Ultrasound
- Doppler Ultrasound
- Therapeutic Ultrasound
- High-Intensity Focused Ultrasound (HIFU)
- Extracorporeal Shockwave Lithotripsy (ESWL)
Global Ultrasound Systems Market, By Display Type:
- Colored
- Black & White
Global Ultrasound Systems Market, By Mobility:
- Mobile
- Fixed
Global Ultrasound Systems Market, By Application:
- Obstetrics/Gynecology
- General Imaging
- Cardiology
- Urology
Global Ultrasound Systems Market, By End-User:
- Hospitals & Clinics
- Diagnostic Centers
- Others
Global Ultrasound Systems Market, By Region:
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
Competitive Landscape
- Company Profiles: Detailed analysis of the major companies present in the Global Ultrasound Systems Market.
Available Customizations:
With the given market data, the publisher offers customizations according to a client’s specific needs.
Frequently Asked Questions about the Global Ultrasound Systems Market
What is the estimated value of the Global Ultrasound Systems Market?
What is the growth rate of the Global Ultrasound Systems Market?
What is the forecasted size of the Global Ultrasound Systems Market?
Who are the key companies in the Global Ultrasound Systems Market?
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Analogic Corporation
- Carestream Health, Inc.
- CURA Healthcare Pvt. Ltd.
- Esaote S.p.A
- GE Healthcare
- Hologic, Inc.
1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Ultrasound Systems Market5. Executive Summary13. Market Trends & Developments15. Strategic Recommendations16. About the Publisher & Disclaimer
4. Voice of Customer
6. Global Ultrasound Systems Market Outlook
7. Europe Ultrasound Systems Market Outlook
8. North America Ultrasound Systems Market Outlook
9. Asia-Pacific Ultrasound Systems Market Outlook
10. South America Ultrasound Systems Market Outlook
11. Middle East and Africa Ultrasound Systems Market Outlook
12. Market Dynamics
14. Competitive Landscape
List of Figures
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Siemens Healthineers AG
- GE Healthcare
- Koninklijke Philips N.V.
- Canon Medical Systems Corporation
- Fujifilm Holdings Corporation
- Shimadzu Corporation
- Hologic, Inc.
- Carestream Health, Inc.
- Hitachi Medical Corporation
- Samsung Medison Co., Ltd.
- Analogic Corporation
- Mindray Medical International Limited
- United Imaging Healthcare Co., Ltd.
- CURA Healthcare Pvt. Ltd.
- Esaote S.p.A
Note: Product cover images may vary from those shown