The Ultrasound Device Market was valued at USD 7,455 million in 2020, and it is expected to reach USD 9,265 million in 2027, registering a CAGR of nearly 3% during the forecast period, 2021-2027.
Ultrasound is one of many medical imaging modalities on the market. Ultrasound systems use high-frequency sound waves to visualize the body’s internal organs. A device that uses high-frequency sound waves to capture images of internal organs. An ultrasound system consists of a transducer and an ultrasound detector or probe. This diagnostic technique is minimally invasive and does not use ionizing radiation to diagnose or treat physical conditions.
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Market Segments
By Product Type: Diagnostic Ultrasound Devices and Therapeutic Ultrasound Devices.
By Portability: Handheld Ultrasound Devices and Cart-based Ultrasound Devices.
By Application: Cardiology, Anesthesiology, Gynecology, Radiology, Critical Care, and Others
Key Players
The major players in this market are Toshiba Medical Systems Corporation, SonaCare Medical, Analogic Corporation, GE Healthcare, Philips Healthcare, Siemens Healthcare, Hitachi Medical Corporation, Samsung Medison, and Mindray Medical International Limited.
Scope of the Report
The research study analyzes the global Ultrasound Device industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Ultrasound Device Market Report
1. What was the Ultrasound Device Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Ultrasound Device Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Ultrasound Device Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Ultrasound Device market.
- The market share of the global Ultrasound Device market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Ultrasound Device market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Ultrasound Device market.
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