Market Overview:
The global B-type diagnostic ultrasound devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in diagnostic ultrasound devices. Based on type, the global B-type diagnostic ultrasound devices market is segmented into fanshaped scanning, linear scanning, and mixed type. The fanshaped scanning segment is expected to account for the largest share of the global B-type diagnostic ultrasound devices market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030. This can be attributed to its growing popularity among radiologists and oncologists for diagnosing tumors and lesions located near critical organs such as liver or lungs. Based on application, the global B-type diagnostic ultrasound devices market is divided into radiology/oncology, cardiology, obstetrics & gynecology (OB/GYN), and mammography/breast cancer screening (MBCS). The radiology/oncology application segment accounted for the largest share of this market in 2017 owing to increasing incidence rates of cancer across all regions worldwide.
Product Definition:
B-type Diagnostic Ultrasound Devices are used to produce images of the body's internal organs for medical diagnosis. They are important because they can provide information about the size, shape, and structure of organs that can't be seen with other imaging techniques.
Fanshaped Scanning:
The market for B-type diagnostic ultrasound devices is expected to grow at a significant rate during the forecast period. The growth of this segment can be attributed to factors such as increasing prevalence of chronic diseases, rising demand for early and accurate diagnosis, technological advancements in ultrasound imaging technology and increasing government initiatives.
Linear Scanning:
Linear scanning is a method of acquiring images which enables to cover a longer distance in the same unit of time. It helps in covering large volumes with multiple scan cycles. The basic principle behind it is that instead of moving around the subject, we can move along the line and image will follow us. This mode works best for long-distance imaging as compared to other scanning methods like rotational or circular scanning due to its ability to acquire images over larger distances with high speed and accuracy.
Application Insights:
Radiology/oncology held the largest revenue share in 2017. This is due to the rising prevalence of cancer and increasing demand for diagnostic imaging solutions. According to WHO, it is estimated that around 1 in 6 women are diagnosed with breast cancer every year which contributes towards a significant share of radiography/oncology segment growth.
The cardiology segment is expected to grow at a lucrative rate during the forecast period owing to an increase in cardiovascular diseases (CVDs). It has been reported that around 37 million people suffered from some form of CVD globally which accounts for about 23% of all deaths caused by disease globally each year.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of major players, high adoption rate of advanced technology, and favorable reimbursement policies. In addition, increasing demand for technologically advanced products is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising healthcare expenditure and improving infrastructure in countries such as India and China. Furthermore, growing awareness about B-type ultrasound devices among physicians and patients will support regional market development during the projected time frame.
Growth Factors:
- Increasing demand for minimally invasive diagnostic procedures: The global market for minimally invasive diagnostic procedures is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the increasing preference for these procedures over traditional, open surgical procedures, which are associated with longer recovery times and higher risks of complications. Ultrasound devices are widely used in minimally invasive diagnostic procedures and are thus expected to benefit from this trend.
- Growing demand for point-of-care diagnostics: The global market for point-of-care diagnostics is projected to grow at a CAGR of 7% from 2016 to 2021. This growth can be attributed to the increasing need for timely diagnosis and treatment in developed as well as developing countries. Ultrasound devices have emerged as an important tool in point-of-care diagnostics and are thus expected to benefit from this trend.
Scope Of The Report
Report Attributes
Report Details
Report Title
B-type Diagnostic Ultrasound Devices Market Research Report
By Type
Fanshaped Scanning, Linear Scanning, Mixed Type
By Application
Radiology/Oncology, Cardiology, Obstetrics & Gynecology, Mammography/Breast
By Companies
General Electric (GE), Philips, Siemens, TOSHIBA, Hitachi Medical, Mindray, Sonosite (FUJIFILM ), Esaote, Samsung Medison, Konica Minolta, General Electric (GE), LANDWIND MEDICAL
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global B-type Diagnostic Ultrasound Devices Market Report Segments:
The global B-type Diagnostic Ultrasound Devices market is segmented on the basis of:
Types
Fanshaped Scanning, Linear Scanning, Mixed Type
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
Radiology/Oncology, Cardiology, Obstetrics & Gynecology, Mammography/Breast
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 (GE)
- Philips
- Siemens
- TOSHIBA
- Hitachi Medical
- Mindray
- Sonosite (FUJIFILM )
- Esaote
- Samsung Medison
- Konica Minolta
- General Electric (GE)
- LANDWIND MEDICAL
Highlights of The B-type Diagnostic Ultrasound Devices 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:
- Fanshaped Scanning
- Linear Scanning
- Mixed Type
- By Application:
- Radiology/Oncology
- Cardiology
- Obstetrics & Gynecology
- Mammography/Breast
- 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 B-type Diagnostic Ultrasound Devices 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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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?
B-type diagnostic ultrasound devices are used to image the fetus and measure its size, shape, and movement.
Some of the key players operating in the b-type diagnostic ultrasound devices market are General Electric (GE), Philips, Siemens, TOSHIBA, Hitachi Medical, Mindray, Sonosite (FUJIFILM ), Esaote, Samsung Medison, Konica Minolta, General Electric (GE), LANDWIND MEDICAL.
The b-type diagnostic ultrasound devices market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 B-type Diagnostic Ultrasound Devices 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 B-type Diagnostic Ultrasound Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 B-type Diagnostic Ultrasound Devices 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 B-type Diagnostic Ultrasound Devices 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 B-type Diagnostic Ultrasound Devices Market Size & Forecast, 2020-2028
4.5.1 B-type Diagnostic Ultrasound Devices Market Size and Y-o-Y Growth
4.5.2 B-type Diagnostic Ultrasound Devices 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 Fanshaped Scanning
5.2.2 Linear Scanning
5.2.3 Mixed Type
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 Radiology/Oncology
6.2.2 Cardiology
6.2.3 Obstetrics & Gynecology
6.2.4 Mammography/Breast
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global B-type Diagnostic Ultrasound Devices 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 B-type Diagnostic Ultrasound Devices 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 Fanshaped Scanning
9.6.2 Linear Scanning
9.6.3 Mixed Type
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 Radiology/Oncology
9.10.2 Cardiology
9.10.3 Obstetrics & Gynecology
9.10.4 Mammography/Breast
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 Fanshaped Scanning
10.6.2 Linear Scanning
10.6.3 Mixed Type
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 Radiology/Oncology
10.10.2 Cardiology
10.10.3 Obstetrics & Gynecology
10.10.4 Mammography/Breast
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 Fanshaped Scanning
11.6.2 Linear Scanning
11.6.3 Mixed Type
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 Radiology/Oncology
11.10.2 Cardiology
11.10.3 Obstetrics & Gynecology
11.10.4 Mammography/Breast
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 Fanshaped Scanning
12.6.2 Linear Scanning
12.6.3 Mixed Type
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 Radiology/Oncology
12.10.2 Cardiology
12.10.3 Obstetrics & Gynecology
12.10.4 Mammography/Breast
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 Fanshaped Scanning
13.6.2 Linear Scanning
13.6.3 Mixed Type
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 Radiology/Oncology
13.10.2 Cardiology
13.10.3 Obstetrics & Gynecology
13.10.4 Mammography/Breast
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 B-type Diagnostic Ultrasound Devices Market: Competitive Dashboard
14.2 Global B-type Diagnostic Ultrasound Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Electric (GE)
14.3.2 Philips
14.3.3 Siemens
14.3.4 TOSHIBA
14.3.5 Hitachi Medical
14.3.6 Mindray
14.3.7 Sonosite (FUJIFILM )
14.3.8 Esaote
14.3.9 Samsung Medison
14.3.10 Konica Minolta
14.3.11 General Electric (GE)
14.3.12 LANDWIND MEDICAL
