Ultrasound Devices Market Size, Growth Drivers, Latest Enhancements and Share
Posted by Rohit Kamble on February 3rd, 2020
Ultrasound Devices Market Size Research Report: by Portability (Cart/Trolley, Handheld/Compact) by Display (Color, B&W) by Application (Radiology/General Imaging, Obstetrics/Gynecology) by Technology (Diagnostic Ultrasound) by End-user (Hospitals, Ambulatory Centers) - Forecast till 2026
The Ultrasound Devices Market Size report offers insights into the leading market players and presents an assessment of their current market position. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report
Major Key Players
To gain a substantially large competitive advantage, these players incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product launch. Due to the increasing strategic partnerships, the structure of the market is changing rapidly. Besides, the growing competition in the market is encouraging multinational companies to acquire small yet promising companies operating in the developing markets are, Fukuda Denshi (Japan), Samsung Electronics Co. Ltd. (South Korea), Analogic Corporation (U.S.), Hitachi Ltd. (Japan), Koniklijke Philips N.V. (The Netherlands), Fujifilm Holdings Corporation (Japan), Canon Medical Systems Corporation (Japan), Shantou Institute of Ultrasonic Instruments Co. Ltd. (China), Esaote Spa (Italy), Siemens Healthineers (Germany), Trivitron Healthcare (India), Shenzhen Mindray Bio-Medical Electronics Co. Ltd. (China), and General Electric Company (U.S.).
Market Segment Analysis
The global Ultrasound Devices Market Size is segmented by portability, display, application, technology, and end-user.
By portability, cart/trolley-based devices accounted for the largest market share in 2017 due to its utilization in acute and emergency care settings. The segment is likely to register strong CAGR during the forecast period expected to hold significant market share during the forecast period. Handheld/compact ultrasound devices accounted for the second largest share due to the rising adoption of these by healthcare professionals.
By display, color devices accounted for a largest market share in 2017 compared to its counterpart, black/white ultrasound devices. The former can touch a size of USD 7,509.12 million by 2026, while the latter is likely to show prominent growth by the end of the forecast period.
By application, radiology/general imaging is likely to register highest CAGR during the assessment and likely to dominate the market by 2026. It accounted for the largest market share in 2017 due to its vast medical applications. The rising geriatric populace and incidence of various cancers can spur the segment growth. On the other hand, cardiology is also showing significant growth by 2026.
By technology, diagnostic accounted for the largest market share in 2017 due to the use of 2D ultrasound in women’s health. It is likely to show CAGR over the assessment period and hold significant market share by 2026 due to the continuous advances in imaging and reimbursement schemes for these procedures. On the flip side, therapeutic ultrasound is expected to hold second position by 2026.
Key Study Highlights:
Geographically, the global Ultrasound Devices Market Size has been divided into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.
Browse Full Report Page Enabled with complete Table of Content at https://www.marketresearchfuture.com/reports/ultrasound-devices-market-2789
Global Ultrasound Devices Market Size By Region
The report presents a detailed analysis of the global Ultrasound Devices Market Size by providing readers with a comprehensive overview of the market’s historical trajectory. The leading drivers and restraints affecting the global prostate cancer market are assessed in detail in the report. The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period.
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About the AuthorRohit Kamble
Joined: February 25th, 2019
Articles Posted: 194
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