Market Overview:
The global 3D ultrasound device market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for 3D ultrasound devices for general imaging, cardiovascular, and obstetrics & gynecology applications. Additionally, the growing awareness about the benefits of 3D ultrasound devices is also contributing to the growth of this market. North America dominates the global 3D ultrasound device market and is expected to continue its dominance during the forecast period.
Product Definition:
A 3D ultrasound device is a medical device that uses ultrasound waves to create images of the inside of the body. These images can be used to diagnose and treat medical conditions.
Color Ultrasound:
The color ultrasound is a combination of black and white and color imaging devices. The technology was first introduced in the 80s, but it got commercialized only recently. The growth factor that helped this technology to get into the market is 3D ultrasound device which has been used by doctors for quite some time now, but with few limitations as compared to its counterpart 2D/3D TVS (Time-Varying-Signal Imaging).
B/W Ultrasound:
B/W ultrasound is a diagnostic imaging technique that utilizes sound waves to create an image of internal body structures. The term B/W refers to the contrast used in these ultrasound images, which can be either black and white (monochrome) or shades of grey (color). In the early days of this technology, only two colors were used - red for blood vessels and green for other tissues.
Application Insights:
The general imaging segment dominated the global 3D ultrasound device market in 2017. The segment is expected to witness significant growth over the forecast period owing to an increase in demand for non-invasive diagnostic solutions. General imaging devices are used for a variety of purposes, such as musculoskeletal, general abdominal and vascular systems.
Cardiovascular applications accounted for a share of 15% in 2017 and are projected to grow at a CAGR exceeding 11% from 2018 to 2030. This growth rate is higher than that observed for other applications due to high adoption rates coupled with technological advancements made by major players such as GE Healthcare and Siemens Healthineers. For instance, GE Healthcare launched its VIVID system that provides real-time visualization of blood flow through arteries and veins during cardiac electrophysiology studies without the need for open heart surgery or catheters; thereby revolutionizing cardiovascular diagnosis (Siemens Healthineers).
Regional Analysis:
North America dominated the global 3D ultrasound device market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technology, and rising demand for cost-effective treatment are some factors driving the regional growth. In addition, increasing number of product launches and favorable reimbursement policies are also expected to drive the North American market during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to improving healthcare facilities in emerging countries such as China and India along with growing target population base. Moreover, economic development coupled with government initiatives aimed at reducing maternal mortality rate is further expected to fuel regional demand during this period. For instance, according to data published by WHO in 2015 around 1 million women die due preterm birth complications every year; out of which about 60% occur in Asia Pacific region (excluding Australia & Oceania).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.8% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. 3D ultrasound devices are ideally suited for use in minimally invasive surgeries as they offer high-resolution images with minimal invasiveness. This is likely to drive the growth of the 3D ultrasound device market in the coming years.
- Growing demand for fetal monitoring: Fetal monitoring is an important application of 3D ultrasound devices as it helps healthcare professionals assess the health and development of fetuses during pregnancy. The global fetal monitoring market is expected to grow at a CAGR of 7% from 2016 to 2021 owing to rising rates of preterm births and increasing awareness about fetal health among pregnant women worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
3D Ultrasound Device Market Research Report
By Type
Color Ultrasound, B/W Ultrasound
By Application
General Imaging, Cardiovascular, Obstetrics & Gynecology
By Companies
General Electric, Koninklijke Philips N.V., Siemens Healthineers, Canon, Inc., Hitachi, Ltd., Fujifilm Holdings Corporation, ContextVision AB, Esaote SpA, Mindray Medical International Limited, Carestream Health
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global 3D Ultrasound Device Market Report Segments:
The global 3D Ultrasound Device market is segmented on the basis of:
Types
Color Ultrasound, B/W Ultrasound
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
General Imaging, Cardiovascular, Obstetrics & Gynecology
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Electric
- Koninklijke Philips N.V.
- Siemens Healthineers
- Canon, Inc.
- Hitachi, Ltd.
- Fujifilm Holdings Corporation
- ContextVision AB
- Esaote SpA
- Mindray Medical International Limited
- Carestream Health
Highlights of The 3D Ultrasound Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Color Ultrasound
- B/W Ultrasound
- By Application:
- General Imaging
- Cardiovascular
- Obstetrics & Gynecology
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 3D Ultrasound Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A 3D ultrasound device is a medical technology that uses sound waves to create an image of the inside of a body. This technology can be used to diagnose medical conditions and help doctors treat patients.
Some of the major companies in the 3d ultrasound device market are General Electric, Koninklijke Philips N.V., Siemens Healthineers, Canon, Inc., Hitachi, Ltd., Fujifilm Holdings Corporation, ContextVision AB, Esaote SpA, Mindray Medical International Limited, Carestream Health.
The 3d ultrasound device market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 3D Ultrasound Device Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 3D Ultrasound Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 3D Ultrasound Device Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 3D Ultrasound Device Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 3D Ultrasound Device Market Size & Forecast, 2020-2028
4.5.1 3D Ultrasound Device Market Size and Y-o-Y Growth
4.5.2 3D Ultrasound Device Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Color Ultrasound
5.2.2 B/W Ultrasound
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 General Imaging
6.2.2 Cardiovascular
6.2.3 Obstetrics & Gynecology
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 3D Ultrasound Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 3D Ultrasound Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Color Ultrasound
9.6.2 B/W Ultrasound
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 General Imaging
9.10.2 Cardiovascular
9.10.3 Obstetrics & Gynecology
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Color Ultrasound
10.6.2 B/W Ultrasound
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 General Imaging
10.10.2 Cardiovascular
10.10.3 Obstetrics & Gynecology
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Color Ultrasound
11.6.2 B/W Ultrasound
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 General Imaging
11.10.2 Cardiovascular
11.10.3 Obstetrics & Gynecology
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Color Ultrasound
12.6.2 B/W Ultrasound
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 General Imaging
12.10.2 Cardiovascular
12.10.3 Obstetrics & Gynecology
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Color Ultrasound
13.6.2 B/W Ultrasound
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 General Imaging
13.10.2 Cardiovascular
13.10.3 Obstetrics & Gynecology
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 3D Ultrasound Device Market: Competitive Dashboard
14.2 Global 3D Ultrasound Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Electric
14.3.2 Koninklijke Philips N.V.
14.3.3 Siemens Healthineers
14.3.4 Canon, Inc.
14.3.5 Hitachi, Ltd.
14.3.6 Fujifilm Holdings Corporation
14.3.7 ContextVision AB
14.3.8 Esaote SpA
14.3.9 Mindray Medical International Limited
14.3.10 Carestream Health
