Global Next-Generation Ultrasound System Market Analysis, 2021

Market Overview

The next-generation ultrasound system is a device that helps in integrating the number of imaging diagnoses related to a wide variety of clinical segments. This device is beneficial for making the diagnostic work more effectively using different technological aspects. Moreover, it is better in terms of quality, mobility, and affordability than the standard ultrasound system.

According to the publisher's research report, Global Next-Generation Ultrasound System Market Analysis, 2021, the market is likely to grow at a CAGR of around 5% during 2021-26 due to the surging demand for high-quality ultrasound systems in the healthcare sector and rapid adoption of technologically advanced devices like 3D, 4D, and future 5D ultrasound systems.

Further, the mounting prevalence of target diseases and snowballing government investments to support the R&D activities for developing next-generation ultrasound devices are primary factors fueling the market growth.

Impact of COVID-19

The sudden outbreak of the COVID-19 pandemic has adversely affected the Global Next-Generation Ultrasound System Market due to the lockdown imposition, movement restrictions, and stringent regulations and guidelines regarding the opening of manufacturing units, private clinics, and other laboratories. Moreover, supply chain disruptions, the declining number of skilled staff, and recruitment challenges for clinical trials further restrained the market growth.

Market Segmentation

Doppler Ultrasound Systems Accounted for the Largest Market Share

Based on the Product Type, the market segments into Diagnostic Ultrasound Systems and Therapeutic Ultrasound Systems. The Therapeutic Ultrasound Systems further bifurcates into High-Intensity Focused Ultrasound, Extracorporeal Shock wave Lithotripsy, and Doppler Ultrasound.

Among these segments, Doppler Ultrasound acquired the largest share in the Global Next-Generation Ultrasound System Market in the previous few years, primarily because it can prove sharper images in a short duration.

Further, due to the rapid penetration of technologically advanced systems across the world, Doppler Ultrasound has gained tremendous popularity in the past few years, cites the authors in their research report, Global Next-Generation Ultrasound System Market Analysis, 2021.

Cart/Trolley Based Systems Attained the Highest Market Share

Based on Portability, the market bifurcates into Cart/Trolley Based Systems, Handheld Devices & Wearable, and Portable Systems. Among these segments, Cart/Trolley Based Systems dominated the Global Next-Generation Ultrasound system Market in the previous few years due to the rapid adoption of these technologically advanced systems across the globe and the surging usage of ultrasound systems in acute care settings & emergency care in hospitals, healthcare institutions, and clinics. Thus, the segment contributes to the overall growth of the Global Next-Generation Ultrasound System Market.

Regional Landscape

North America Dominated the Market

Geographically, North America held the largest share in the Global Next-Generation Ultrasound System Market and is likely to maintain its dominance in the forecast period due to the surging penetration rate of the devices in the United States. Additionally, the rising adoption of portable devices by the end-users is likely to fuel the market growth. Further, the soaring involvements of prominent industry players engaging in the launch of new products, mounting prevalence of chronic diseases, and snowballing healthcare expenditure in the region also propel the growth of the Global Next-Generation Ultrasound System Market.

Market Driver

Mounting Technological Advancement in the Ultrasound Systems Fuel the Market Growth

One of the most primary factors accelerating the growth of the Global Next-Generation Ultrasound System Market is the integration of advanced technologies in the ultrasound systems. The need for more precise and accurate imaging requires a high-end ultrasound machine, thereby fueling the demand for the next-generation ultrasound system. Besides, its increasing applications and surging patient comfort levels due to less scan time required further propel the overall market growth.

Competitive Landscape

According to the publishers, the major leading players in the global Next-Generation Ultrasound System market are BK Medical ApS (Analogic Corporation), Butterfly Network Inc., Canon Inc., Clarius Mobile Health, Esaote SpA, Fujifilm Holdings Corporation, General Electric Company, Healcerion Co. Ltd., Hitachi Ltd., Hologic Inc., Hologic, Inc., Koninklijke Philips N.V., Samsung Electronics Co. Ltd., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Shimadzu Corporation, and Siemens Healthineers AG.

Key Questions Answered in the Market Research Report:

1. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the Global Next-Generation Ultrasound System Market?
2. What is the region-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Next-Generation Ultrasound System Market?
4. Who are the key competitors, their key strengths & weaknesses, and how they perform in the Global Next-Generation Ultrasound System Market based on a competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the Global Next-Generation Ultrasound System Market study?

1. Introduction

1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation

2. Preface3. Executive Summary4. Impact of COVID-19 on Global Next-Generation Ultrasound Systems Market5. Global Next-Generation Ultrasound Systems Market Trends & Insights

6. Global Next-Generation Ultrasound Systems Market Dynamics

6.1. Growth Drivers
6.2. Challenges
6.3. Impact Analysis

7. Global Next-Generation Ultrasound Systems Market Hotspot & Opportunities8. Global Next-Generation Ultrasound Systems Market Key Strategic Imperatives for Success & Growth

9. Startup Ecosystems in Global Next-Generation Ultrasound Market

9.1. Entrepreneurial Activity
9.2. Year on Year Funding Received
9.3. Funding Received by Top Companies
9.4. Key Investors Active in the Market
9.5. Series Wise Funding Received
9.5.1. Seed Funding
9.5.2. Angel Investing
9.5.3. Venture
9.5.4. Others

10. Advancement in Global Ultrasound System Market (2016-2021)

11. Global Next-Generation Ultrasound Systems Market Outlook, 2016- 2026F

11.1. Market Size and Analysis
11.1.1. Market Revenues
11.2. Market Share & Analysis
11.2.1. By Product Type
11.2.1.1. Diagnostic Ultrasound Systems
11.2.1.2. Therapeutic Ultrasound Systems
11.2.1.2.1. High-Intensity Focused Ultrasound
11.2.1.2.2. Extracorporeal Shock Wave Lithotripsy
11.2.1.2.3. Doppler Ultrasound
11.2.2. By Technology
11.2.2.1. 4D/3D Ultrasound Systems
11.2.2.2. 2D Ultrasound Systems
11.2.2.3. Fusion Imaging Tissue Harmonic Imaging
11.2.3. By Application
11.2.3.1. General Imaging
11.2.3.2. Cardiovascular Imaging
11.2.3.3. Vascular Imaging
11.2.3.4. Obstetrics and Gynecology Imaging
11.2.3.5. Lung Imaging
11.2.3.6. Urology Imaging
11.2.3.7. Orthopedics Imaging
11.2.3.8. Others (kidney, Abdomen Imaging)
11.2.4. By Portability
11.2.4.1. Cart/Trolley Based Systems
11.2.4.2. Handheld Devices and Wearables
11.2.4.3. Portable Systems
11.2.5. By End-Users
11.2.5.1. Hospitals
11.2.5.2. Diagnostics Laboratories and Imaging Centers
11.2.5.3. Clinics
11.2.5.4. Ambulatory Surgical Center
11.2.6. By Region
11.2.6.1. North America
11.2.6.2. South America
11.2.6.3. Europe
11.2.6.4. Middle East & Africa
11.2.6.5. Asia-Pacific
11.2.7. By Competitors
11.2.7.1. Competition Characteristics
11.2.7.2. Market Share & Analysis
11.2.7.3. Competitive Metrix

12. North America Next-Generation Ultrasound Systems Market Outlook, 2016-2026F

12.1. Market Size & Analysis
12.1.1. Market Revenues
12.2. Market Share & Analysis
12.2.1. By Product Type
12.2.2. By Technology
12.2.3. By Application
12.2.4. By Portability
12.2.5. By End-Users
12.2.6. By Country
12.2.6.1. The US
12.2.6.2. Canada
12.2.6.3. Mexico
12.3. The US Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
12.3.1. Market Size & Analysis
12.3.1.1. Market Revenues
12.3.2. Market Share & Analysis
12.3.2.1. By Portability
12.3.2.2. By Application
12.4. Canada Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
12.4.1. Market Size & Analysis
12.4.1.1. Market Revenues
12.4.2. Market Share & Analysis
12.4.2.1. By Portability
12.4.2.2. By Application
12.5. Mexico Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
12.5.1. Market Size & Analysis
12.5.1.1. Market Revenues
12.5.2. Market Share & Analysis
12.5.2.1. By Portability
12.5.2.2. By Application

13. South America Next-Generation Ultrasound Systems Market Outlook, 2016-2026F

13.1. Market Size & Analysis
13.1.1. Market Revenues
13.2. Market Share & Analysis
13.2.1. By Product Type
13.2.2. By Technology
13.2.3. By Application
13.2.4. By Portability
13.2.5. By End-Users
13.2.6. By Country
13.2.6.1. Brazil
13.2.6.2. Others
13.3. Brazil Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
13.3.1. Market Size & Analysis
13.3.1.1. Market Revenues
13.3.2. Market Share & Analysis
13.3.2.1. By Portability
13.3.2.2. By Application

14. Europe Next-Generation Ultrasound Systems Market Outlook, 2016-2026F

14.1. Market Size & Analysis
14.1.1. Market Revenues
14.2. Market Share & Analysis
14.2.1. By Product Type
14.2.2. By Technology
14.2.3. By Application
14.2.4. By Portability
14.2.5. By End-Users
14.2.6. By Country
14.2.6.1. Germany
14.2.6.2. The UK
14.2.6.3. France
14.2.6.4. Russia
14.2.6.5. Others
14.3. Germany Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
14.3.1. Market Size & Analysis
14.3.1.1. Market Revenues
14.3.2. Market Share & Analysis
14.3.2.1. By Portability
14.3.2.2. By Application
14.4. The UK Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
14.4.1. Market Size & Analysis
14.4.1.1. Market Revenues
14.4.2. Market Share & Analysis
14.4.2.1. By Portability
14.4.2.2. By Application
14.5. France Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
14.5.1. Market Size & Analysis
14.5.1.1. Market Revenues
14.5.2. Market Share & Analysis
14.5.2.1. By Portability
14.5.2.2. By Application
14.6. Russia Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
14.6.1. Market Size & Analysis
14.6.1.1. Market Revenues
14.6.2. Market Share & Analysis
14.6.2.1. By Portability
14.6.2.2. By Application
14.7. Spain Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
14.7.1. Market Size & Analysis
14.7.1.1. Market Revenues
14.7.2. Market Share & Analysis
14.7.2.1. By Portability
14.7.2.2. By Application
14.8. Sweden Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
14.8.1. Market Size & Analysis
14.8.1.1. Market Revenues
14.8.2. Market Share & Analysis
14.8.2.1. By Portability
14.9. Switzerland Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
14.9.1. Market Size & Analysis
14.9.1.1. Market Revenues
14.9.2. Market Share & Analysis
14.9.2.1. By Portability
14.9.2.2. By Application
14.9.2.3. By Application

15. Middle East & Africa Next-Generation Ultrasound Systems Market Outlook, 2016-2026F

15.1. Market Size & Analysis
15.1.1. Market Revenues
15.2. Market Share & Analysis
15.2.1. By Product Type
15.2.2. By Technology
15.2.3. By Application
15.2.4. By Portability
15.2.5. By End-Users
15.2.6. By Country
15.2.6.1. UAE
15.2.6.2. Saudi Arabia
15.2.6.3. South Africa
15.2.6.4. Others

16. Asia-Pacific Next-Generation Ultrasound Systems Market Outlook, 2016-2026F

16.1. Market Size & Analysis
16.1.1. Market Revenues
16.2. Market Share & Analysis
16.2.1. By Product Type
16.2.2. By Technology
16.2.3. By Application
16.2.4. By Portability
16.2.5. By End-Users
16.2.6. By Country
16.2.6.1. China
16.2.6.2. India
16.2.6.3. Japan
16.2.6.4. South Korea
16.2.6.5. Others
16.3. China Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
16.3.1. Market Size & Analysis
16.3.1.1. Market Revenues
16.3.2. Market Share & Analysis
16.3.2.1. By Portability
16.3.2.2. By Application
16.4. India Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
16.4.1. Market Size & Analysis
16.4.1.1. Market Revenues
16.4.2. Market Share & Analysis
16.4.2.1. By Portability
16.4.2.2. By Application
16.5. Japan Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
16.5.1. Market Size & Analysis
16.5.1.1. Market Revenues
16.5.2. Market Share & Analysis
16.5.2.1. By Portability
16.5.2.2. By Application
16.6. South Korea Next-Generation Ultrasound Systems Market Outlook, 2016-2026F
16.6.1. Market Size & Analysis
16.6.1.1. Market Revenues
16.6.2. Market Share & Analysis
16.6.2.1. By Portability
16.6.2.2. By Application

17. Global Next-Generation Ultrasound Systems Market Government Regulations and Policies

18. Competition Outlook (Whichever Applicable)

18.1. Competition Matrix
18.1.1. Target Markets
18.1.2. Research & Development
18.1.3. Collaborations & Strategic Alliances
18.1.4. Business Restructuring – Mergers, Acquisitions, JVs
18.1.5. Strategic Initiatives
18.2. Company Profiles (Business Description, Demand Segments, Market Focused Demand Segment, Business Segments, Market Focused Business Segment, Financials, Strategic Alliances/ Partnerships, Future Plans)
18.2.1. BK Medical ApS (Analogic Corporation), Butterfly Network Inc.
18.2.2. Canon Inc.
18.2.3. Clarius Mobile Health
18.2.4. Esaote SpA
18.2.5. Fujifilm Holdings Corporation
18.2.6. General Electric Company
18.2.7. Healcerion Co. Ltd.
18.2.8. Hitachi Ltd., Hologic Inc.
18.2.9. Hologic, Inc.
18.2.10. Koninklijke Philips N.V.
18.2.11. Samsung Electronics Co. Ltd.
18.2.12. Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
18.2.13. Shimadzu Corporation
18.2.14. Siemens Healthineers AG
18.2.15. Others

19. Disclaimer