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Global Ultrasound Market to reach USD 9.53 billion by 2027.

Global Ultrasound Market Size study, by Technology (Diagnostic (2D, 3D, Doppler), Therapeutic (HIFU, ESWL)), Display (Color, B&W), Portability (Trolley / cart-based, Compact/ handheld, Point Of Care), Applications (General Imaging, Gynecology, Urology, Cardiology, Orthopedic, Others), End user (Hospitals, Maternity Center, Ambulatory Care Centers) and Regional Forecasts 2020-2027

Product Code: HALMD_53728757
Publish Date: 3-12-2020
Page: 200

Global Ultrasound Market is valued approximately USD 5.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.40 % over the forecast period 2020-2027. Ultrasound technology produces diagnostic images using high frequency sound wave. The technology is vastly used in medical science to visualize kidneys, lover, human fetus, heart, blood vessels and other organs. Thus, the growing prevalence of chronic diseases such as diabetes, heart disease and cancer increase the demand for Ultrasound procedures for organ visualization. As per the American Heart Association’s Circulation Journal Report Annual Statistics update issued in January 2019, 48% of the adults in the US have some form of CVD. Also, as per the European Heart network report 2017, Cardiovascular diseases cause 3.9 million deaths in Europe accounting for 45% of all the deaths. While, as per International Diabetes Federation( IDF) Europe region 59 million people have diagnosed with diabetes and is projected to increase to 68 million by 2045. Further Ultrasound screening is gold standard for fetal screening, thus the growing birth rates and in-vitro fertilization treatment rates fuel the market growth. Also, recommended periodic screenings set by governments such as mammographic screening for women above 40 years of age support the market growth. Moreover, rise in public & Private investments and grants and funds for the developments of ultrasound devices and expanding application of ultrasound drives the market growth. However, lack of skilled labor impedes the growth of the market over the forecast period of 2020-2027. Although, advent of 3D/4D Ultrasound for diagnosis and better visualization presents a lucrative opportunity for the market.

The regional analysis of global Ultrasound market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the well-established healthcare infrastructure and growing periodic monitoring in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising incidences of Chronic diseases and swelling investments in medical infrastructure would create lucrative growth prospects for the Ultrasound market across Asia-Pacific region.

Major market player included in this report are:
GE Healthcare
Koninklijke Philips N.V.
Canon Medical Systems Corporation
Siemens Healthineers AG
Hitachi, Ltd.
Samsung Electronics , Ltd.
FUJIFILM Holdings Corporation
Esaote S.p.A.
Mindray Medical International Ltd.
Shimadzu Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
• 2D
• 3D
• Doppler
By Display:
By Portability:
Trolley/ Cart-based
Compact/ Handheld
Point of Care (PoC)
By Applications:
General Imaging
By End user:
Maternity Center
Ambulatory Care Centers

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Ultrasound Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Ultrasound Market, by Region, 2018-2027 (USD Billion)
1.2.2. Ultrasound Market, by Technology, 2018-2027 (USD Billion)
1.2.3. Ultrasound Market, by Display, 2018-2027 (USD Billion)
1.2.4. Ultrasound Market, by Portability, 2018-2027 (USD Billion)
1.2.5. Ultrasound Market, by Application, 2018-2027 (USD Billion)
1.2.6. Ultrasound Market, by End-User, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ultrasound Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Ultrasound Market Dynamics
3.1. Ultrasound Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Ultrasound Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Ultrasound Market, by Technology
5.1. Market Snapshot
5.2. Global Ultrasound Market by Technology, Performance – Potential Analysis
5.3. Global Ultrasound Market Estimates & Forecasts by Technology 2017-2027 (USD Billion)
5.4. Ultrasound Market, Sub Segment Analysis
5.4.1. Diagnostic 2D 3D Doppler
5.4.2. Therapeutic
Chapter 6. Global Ultrasound Market, by Display
6.1. Market Snapshot
6.2. Global Ultrasound Market by Display, Performance – Potential Analysis
6.3. Global Ultrasound Market Estimates & Forecasts by Display 2017-2027 (USD Billion)
6.4. Ultrasound Market, Sub Segment Analysis
6.4.1. Color
6.4.2. B&W
Chapter 7. Global Ultrasound Market, by Portability
7.1. Market Snapshot
7.2. Global Ultrasound Market by Portability, Performance – Potential Analysis
7.3. Global Ultrasound Market Estimates & Forecasts by Portability 2017-2027 (USD Billion)
7.4. Ultrasound Market, Sub Segment Analysis
7.4.1. Trolley / cart-based
7.4.2. Compact / handheld
7.4.3. Point of Care (PoC)
Chapter 8. Global Ultrasound Market, by Application
8.1. Market Snapshot
8.2. Global Ultrasound Market by Application, Performance – Potential Analysis
8.3. Global Ultrasound Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
8.4. Ultrasound Market, Sub Segment Analysis
8.4.1. General Imaging
8.4.2. Gynecology
8.4.3. Urology
8.4.4. Cardiology
8.4.5. Orthopedic
8.4.6. Others
Chapter 9. Global Ultrasound Market, by End-User
9.1. Market Snapshot
9.2. Global Ultrasound Market by End-User, Performance – Potential Analysis
9.3. Global Ultrasound Market Estimates & Forecasts by End-User 2017-2027 (USD Billion)
9.4. Ultrasound Market, Sub Segment Analysis
9.4.1. Hospitals
9.4.2. Maternity Center
9.4.3. Ambulatory Care Centers
Chapter 10. Global Ultrasound Market, Regional Analysis
10.1. Ultrasound Market, Regional Market Snapshot
10.2. North America Ultrasound Market
10.2.1. U.S. Ultrasound Market Technology breakdown estimates & forecasts, 2017-2027 Display breakdown estimates & forecasts, 2017-2027 Portability breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027 End-User breakdown estimates & forecasts, 2017-2027
10.2.2. Canada Ultrasound Market
10.3. Europe Ultrasound Market Snapshot
10.3.1. U.K. Ultrasound Market
10.3.2. Germany Ultrasound Market
10.3.3. France Ultrasound Market
10.3.4. Spain Ultrasound Market
10.3.5. Italy Ultrasound Market
10.3.6. Rest of Europe Ultrasound Market
10.4. Asia-Pacific Ultrasound Market Snapshot
10.4.1. China Ultrasound Market
10.4.2. India Ultrasound Market
10.4.3. Japan Ultrasound Market
10.4.4. Australia Ultrasound Market
10.4.5. South Korea Ultrasound Market
10.4.6. Rest of Asia Pacific Ultrasound Market
10.5. Latin America Ultrasound Market Snapshot
10.5.1. Brazil Ultrasound Market
10.5.2. Mexico Ultrasound Market
10.6. Rest of The World Ultrasound Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. GE Healthcare Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. Koninklijke Philips N.V.
11.2.3. Canon Medical Systems Corporation
11.2.4. Siemens Healthineers AG
11.2.5. Hitachi, Ltd.
11.2.6. Samsung Electronics , Ltd.
11.2.7. FUJIFILM Holdings Corporation
11.2.8. Esaote S.p.A.
11.2.9. Mindray Medical International Ltd.
11.2.10. Shimadzu Corporation
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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