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The Global Ultrasound Devices Market is poised to register a CAGR of 5.3% during the forecast period 2022 to 2028.
Ultrasound is one of several medical imaging modalities available on the market. An ultrasound system uses high-frequency sound waves to visualise the body’s internal organs. It is a device that uses high frequency sound waves to capture images of internal organs. A transducer and an ultrasound detector, or probe, make up an ultrasound system. This minimally invasive diagnostic technique does not use ionising radiation to diagnose or treat body ailments. The impact of the COVID-19 pandemic on medical device companies in the ultrasound devices industry is expected to be moderate. The companies have suffered a setback as a result of the lockdown, which has resulted in a drop in manufacturing and a significant reduction in patient flow. Furthermore, the demand for ultrasound devices has decreased as the use of imaging systems has decreased due to a lack of need for emergency care. However, the use of imaging systems in certain cases for COVID-19 diagnosis compensates for this lethal impact. The rise in prevalence of chronic disorders such as cancer tumours, gallstones, and fatty liver disease, among others, is driving global growth, as is high spending in the healthcare industry. Furthermore, rising awareness about early disease detection and technological advancements in ultrasound imaging devices are expected to drive market demand during the forecast period. The high cost of ultrasound devices, on the other hand, is expected to limit their use and slow the growth of the ultrasound imaging devices market during the forecast period. The ultrasonic medical device has numerous diagnostic and therapeutic applications. Ultrasonography has grown in popularity for a variety of therapeutic applications ranging from cardiology to oncology. The expansion of ultrasound device applications in 3D imaging, shear wave elastography, wireless transducer development, app-based ultrasound technology, fusion with CT/MR, and laparoscopic ultrasound is expected to keep the market interested in the near future. For example, Samsung Medison and Intel collaborated on NerveTrack, a real-time nerve tracking ultrasonography technology that enables anesthesiologists to detect nerves in a patient’s arm and deliver anaesthesia quickly and precisely.
The astute research report on Ultrasound Devices market provides intricate details for analyzing appropriate parameters and valuable insights. The report offers extensive information about this business to help bring forth the growth potential of the market across various segments and provides the clients with a comprehensive analysis of factors like market size, market growth trends, competitive landscape, product utilization, regional growth prospects, and application potential, etc. The data provided in the report has been gathered from a wide variety of sources by using primary and secondary research. This Ultrasound Devices research report also provides crucial insights into consumer behaviour, brand positioning, pricing analysis, and key player strategies. The market overview included in the Ultrasound Devices research report incorporates critical factors procured from industry analysts, prominent players as well as trade and industrial organizations.
The report on Ultrasound Devices market offers up-to-date information on the factors impeding the market growth which shall provide vendors with crucial insights into understanding the market dynamics thereby aiding the clients to sketch out a better business strategy. These factors will help them identify market growth opportunities. Furthermore, FutureWise research analysts provide timely assistance to their customers in understanding eccentric market parameters more effectively thereby leading to better decision-making.
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The Ultrasound Devices market research report is segmented – by technology, by portability, by application, by end user, and by region. It also consists of insights regarding the revenue value and sales volume during the forecasted timeframe of 2022 to 2028.
Trolley/Cart-Based Ultrasound Devices Compact/Handheld Ultrasound Devices
Radiology/General Imaging Cardiology Gynecology Vascular Urology Others
Hospital & Surgical Centers Diagnostic Centers Ambulatory Surgical Centers Others
North America Europe Asia-Pacific Latin America Middle East and Africa
Ultrasound Devices Market Regional Analysis:
The report provides a complete evaluation of the potential amplification of the Ultrasound Devices Market in pivotal geographic regions such as North America, Asia Pacific, Europe, Latin America and Middle East & Africa.
Some of the key market players are
GE Healthcare Koninklijke Philips N.V. Canon Medical Systems Corporation Hitachi Ltd. Siemens Healthineers Mindray Medical International Limited Samsung Medison Co., Ltd. Fujifilm Holdings Corporation Esaote SpA Neusoft Corporation CHISON Medical Technologies Co., Ltd. Konica Minolta, Inc. Hologic, Inc. Shantou Institute of Ultrasonic Instruments Co., Ltd. Shanghai Kangning Medical Device Analogic Corporation
Growth prospects SWOT analysis Key market trends Key data-points affecting market growth
To provide an extensive analysis of the global Ultrasound Devices market by technology, by portability, by application, by end user, and by region
To carter complex data and information on the characteristics influencing the market growth (drivers, restraints, opportunities, and industry-specific restraints)
To predict and assess micro-markets and the overall market
To anticipate the market size, in key geographical regions (along with countries)— North America, Europe, Asia Pacific, Latin America and the Middle East and Africa
To estimate and inspect competitive landscape mapping- technological advancements, product launches, mergers and expansions
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