The global ultrasound equipment market is likely to grow in the coming years due to technological advancements in ultrasound equipment. According to a report published by Fortune Business Insights, titled “Ultrasound Equipment: Global Market Analysis, Insights and Forecast, 2018-2025,” the market is likely to reach US$ 10,500.8 Mn by the end of 2025. Fortune Business Insights predicts that this market was valued at US$ 7,052.5 Mn in 2017 and is likely to exhibit a CAGR of 5.1% during the forecast period.
The global ultrasound equipment market is likely to witness growth in the coming years due to the rising uptake of these devices. Ultrasound technology is used to produce high-quality diagnostic images with the use of high-frequency waves. Technological advancements have led to the introduction of portable ultrasound equipment. The advent of innovative devices such as doppler ultrasound equipment is likely to boost the global ultrasound equipment market.
Highlights of the Report:
- In-depth analysis of various insights, namely, Ultrasound Equipment Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and Ultrasound Equipment Market share.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
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Key Players Operating in The Ultrasound Equipment Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- General Electric Company
- Koninklijke Philips N.V.
- Toshiba Corporation Hitachi, Ltd.
- Samsung Medison Co., Ltd.
- Fujifilm Holdings Corporation
Canon Medical Systems Launches ‘Aplio-a’ Series Ultrasound Equipment
In 2019, Canon Medical Systems Corporation launched ‘Aplio-a’, a new series of ultrasound equipment. Canon’s latest series of ultrasound equipment covered a wide range of health-related applications at affordable prices. These factors will lead to a high demand for ultrasound equipment in the forthcoming years. The product is likely to have a positive impact on the global ultrasound equipment market and is likely to favor the growth of the market during the forecast period.
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Butterfly IQ Receives FDA Clearance for Smartphone-Integrated Ultrasound
In 2017, Butterfly IQ received approval from the Food and Drug Administration for its ‘Ultrasound-On-A-Chip’. Butterfly’s latest device was portable and operated on a single chip, integrated within a compact space. The device is cleared for several clinical uses including pediatric, gynecological and abdominal cases. The device can directly transfer the image to a smartphone and has an added advantage of storing the image over the cloud. The device will witness huge demand from around the world, which in turn will have a positive impact on the global ultrasound equipment market.
Detailed Table of Content:
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Prevalence Of Chronic Diseases, Key Countries, 2018
- Technological Advancements In Ultrasound Equipment
- Regulatory Scenario, Key Countries/ Key Regions
- New Product Launches
- Reimbursement Scenario, Key Regions
- Technological Advancements In Ultrasound Equipment
- Global Ultrasound Equipment Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Type
- Compact / Point-of-Care
- Market Analysis, Insights and Forecast – By Application
- Market Analysis, Insights and Forecast – By End User
- Diagnostic Centers
- Market Analysis, Insights and Forecast – By Region
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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- Extensive product offerings
- Customer research services
- Robust research methodology
- Comprehensive reports
- Latest technological developments
- Value chain analysis
- Potential Ultrasound Equipment Market opportunities
- Growth dynamics
- Quality assurance
- Post-sales support
- Regular report updates
Reasons to Purchase this Report:
- Comprehensive analysis of the Ultrasound Equipment Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Ultrasound Equipment Market growth?
- What are the key technological and market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
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