Overview of the Ultrasound Market by Maximize Market Research

The most recent study on the " Ultrasound market " was just issued by Maximize Market Research, a well-known business consultancy company with clients in over 34 countries. Asia Pacific, which will serve the demands of big and medium-sized businesses worldwide, has been identified by the company's research experts as a very promising market for Ultrasound and component producers in the upcoming ten years. The market is improving even though there was a decrease in GDP after the Covid shutdown.

Ultrasound Market Scope and Methodology:

The report offers a comprehensive analysis of the Ultrasound Market, providing key insights into pricing, investments, expansion plans, and physical presence in the market. The market estimations and growth rates are derived using a bottom-up approach, ensuring accuracy and reliability. A detailed examination is conducted on the drivers, restraints, opportunities, and challenges influencing the Ultrasound Market. It includes information on the revenue, financial standing, portfolio, technology adoption, merger and acquisition activities, joint ventures, and strategic alliances of the top players in the market. The report includes SWOT, PORTER and PESTLE analyses, assessing the potential impact of macroeconomic factors on the Ultrasound Market. SWOT analysis helps identify market threats and weaknesses, while PORTER Five Forces analysis determines the competitive intensity of the industry in the Ultrasound Market.

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Ultrasound Market Worth:

Ultrasound Market size was valued at USD 7.24 Bn. in 2022 and the total Ultrasound revenue is expected to grow by 6.5% from 2023 to 2029, reaching nearly USD 11.25 Bn.

Ultrasound Market Segmentation:

With a 72% market share, the technology segment for diagnostic ultrasound equipment is leading the way. This is because cancer, cardiology, and obstetrics have such a broad range of uses.

by Technology

1. Diagnostic Ultrasound
1.1 2D Ultrasound
1.2 3D & 4D Ultrasound
1.3 Doppler Ultrasound
2. Therapeutic Ultrasound
1.1 High-Intensity Focused Ultrasound (HIFU)
1.2 Extracorporeal Shockwave Lithotripsy (ESWL)

With a 29% share during the forecast period, the Radiology/General Imaging Segment is predicted to lead the market, having the greatest market share by Application in 2022.

by Device Display

1. Color Ultrasound
2. B/W Ultrasound

With a revenue share of over 39.5% by End-User in 2022, the Hospital segment is anticipated to maintain its leading position in the ultrasound device market with the highest compound annual growth rate (CAGR) during the course of the forecast period.

by Portability

1. Trolley/Cart-based Ultrasound Systems
2. Compact/Handheld Ultrasound Systems
3. Point-of-care (PoC) Ultrasound Systems

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Ultrasound Market Key Players:

1. GE Healthcare (US)
2. Hologic, Inc (US)
3. Integra Medical Systems LLC (US)
4. Analogic Corporation (US)
5. Carestream Health (US)
6. Medgyn Products, Inc (US)
7. United Imaging Healthcare Co., Ltd. (US)
8. Clarius Mobile Health (Canada)
9. Neusoft Corporation (China)
10. SonoScape Medical Corp. (China)
11. Mindray Medical International Limited (China)
12. Chison Medical Technologies Co., Ltd. (China)
13. CANON MEDICAL SYSTEMS CORPORATION (Japan)
14. Hitachi Ltd. (Japan)
15. FUJIFILM Holdings Corporation (Japan)
16. Konica Minolta, Inc (Japan)
17. Samsung Medison Co., Ltd. (South Korea)
18. CURA Healthcare (India)
19. Siemens Healthcare (Germany)
20. Esaote SpA (Italy)
21. Koninklijke Philips N.V. (Netherlands)

 

Regional Analysis

The paper examines the five primary worldwide regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. In relation to Ultrasound Industry Research, it emphasizes important market segments, sub-segments, and geographical areas. The report includes detailed geographic research, intricate revenue analysis, and numerical statistics. It highlights commercial opportunities, examines the intricate structure of the supply chain, and talks about important developments that have an impact on the Ultrasound market.

Key Questions answered in the Ultrasound Market Report are:

  • What is Ultrasound Market?
  • What is the forecast period of the Ultrasound Market?
  • What is the competitive scenario of the Ultrasound market?
  • Which region held the largest market share in the Ultrasound Market?
  • What are the opportunities for the Ultrasound Market?
  • What are the restraining factors in the Ultrasound market?
  • Who are the key players of the Ultrasound market?

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting firm that employs professionals from a variety of industries, including science and engineering, electronic components, industrial equipment, technology, communication, automotive, chemical products, beverages, personal care, and automation. The company provides market-verified industry forecasts, technical trend analysis, critical market research, strategic advice, competition analysis, supply and demand analysis, and client impact studies.

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