(Companies Covered: General Electric Company, Koninklijke Philips N.V., Siemens Healthineers AG, Canon Inc, Hitachi, Ltd., Fujifilm Holdings Corporation, Envista Holdings Corporation, Hitachi, Ltd., Varian Medical Systems, Inc., Shimadzu Corporation)
The global market for ultrasound devices reached a value of nearly $9,689.8 million in 2019, having increased at a compound annual growth rate of 3.2% since 2015. The market is expected to grow at a rate of 4.7% to nearly $11,648.2 million by 2023.
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The ultrasound devices market consists of the sales of ultrasound devices and related services by entities (organizations, sole traders and partnerships) that manufacture ultrasound devices for use in the healthcare industry. Ultrasound imaging is an imaging method in which high frequency sounds waves, usually 1-20 MHz, are transmitted into the body, encountering tissues, organs, fluids, gases, and bones. An ultrasound device is diagnostic imaging equipment that is available in different sizes.
Global Ultrasound Devices Market Segmentation –
1) By Type Of Product : Stationary Ultrasound Devices, Mobile Ultrasound Devices, Handheld Ultrasound Devices.
2) By End-Use Application : Cardiovascular, Obstetric/Gynecological, Gastro, Musculoskeletal, Point Of Care.
Global Ultrasound Devices Market Driver –
The continually increasing incidences of chronic diseases are expected to lead to an increase in the number of patients who will require advanced diagnostic and treatment options. Emerging markets will be affected the most as population growth is anticipated to be significant in developing nations, especially in India and China, thus increasing the healthcare expenditure in these countries. Advances in precise detection and diagnosis of diseases will also help contain the costs of treating chronic conditions.
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Few Points From The Global Ultrasound Devices Market TOC
1. Ultrasound Devices Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
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