The ultrasound systems market is likely to register a Y-o-Y growth rate of 7.0% in 2022, closing at US$ 8.39 Billion. Furthermore, growth is expected to accelerate at a whopping 7.5% CAGR, reaching US$ 17.29 Billion during the period of assessment 2022-2032. The market reached a valuation of US$ 7.8 Billion in FY-2021.
An ultrasound system of machine makes images so that organs inside the body can be examined. The machine sends out high-frequency sound waves, which reflect off body structures. A computer receives the waves and uses them to create a picture. Unlike with an x-ray or CT scan, this test does not use ionizing radiation.
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Market Players: –
- General Electric Company
- Koninklijke Philips N.V.
- Toshiba Corporation
- Siemens AG.
- Hitachi Ltd.
- Fujifilm Holdings Corporation.
- Esaote SpA.
- Shimadzu Corporation
- Analogic Corporation
- Samsung Electronics Co. Ltd.
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
Key Segments Covered in the Ultrasound Systems Industry Survey
- By Portability :
- Standalone
- Table-Top
- Portable
- By End User :
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centers
- Others
- By Application :
- Cardiology Diagnostics
- Radiology Diagnostics
- Urology Diagnostics
- Vascular Diagnostics
- Gynecology Diagnostics
- Others
- By Technology :
- 2D Ultrasound Machines
- 3D Ultrasound Machines
- 4D Ultrasound Machines
- Doppler
- High-intensity Focused
- Extracorporeal Shockwave Lithotripsy Systems
What Do You Get in a Fact.MR Study?
- Factors affecting the overall development of the global Ultrasound Systems Market
- Factor that might restrain the growth of the global market in the coming years of the forecast period.
- What is present competitive scenario of the global Ultrasound Systems Market and its intricate details concerning potential business prospects of leading market players
- Pricing strategies of several different market players in the global Ultrasound Systems Market
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
Ultrasound Systems Market- Competitive Landscape
Prominent players in the Ultrasound Systems Industry are taking advantage of the rapidly increasing demand for the Ultrasound Systems in various applications. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale vendors. Some prominent market developments are as follows:
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- In February 2022, Butterfly Network Inc and Ambra Health announced a partnership to accelerate and simplify interoperability for bedside imaging data. This partnership strengthens the scalability of Butterfly Blueprint, Butterfly’s enterprise platform, and will enhance access to, and shareability of valuable ultrasound information across hospitals and health systems.
- In December 2021, EagleView ultrasound introduced its wireless portable ultrasound device, which provides ultrasound imaging much freedom, and makes the point-of-care solution more affordable too.
- In September 2021, GE Healthcare acquired BK Medical which extended GE Healthcare’s ultrasound portfolio into surgical visualization and boosted its growth in precision health.