Market Overview:
The Global Color Ultrasonic Diagnostic Instrument Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of chronic diseases, rising demand for point-of-care diagnostics, and technological advancements in color ultrasonic diagnostic instruments. Based on type, the global color ultrasonic diagnostic instrument market is segmented into portable and non-portable devices. The portable devices segment is expected to grow at a higher CAGR than the non-portable devices segment during the forecast period. This can be attributed to their growing popularity among healthcare professionals owing to their compact size and easy portability. Based on application, the global color ultrasonic diagnostic instrument market is divided into hospitals, clinics, and other applications such as research institutes and academic institutions. The hospitals segment accounted for majority of the share in 2017 and is projected to maintain its dominance during the forecast period as well due to increasing demand for early diagnosis of chronic diseases among patients visiting these facilities.
Product Definition:
Ultrasonic diagnostic instrument is a device that uses ultrasound waves to produce images of the inside of the body. Color Ultrasonic Diagnostic Instrument is an ultrasonic diagnostic instrument that can display images in color. The importance of Color Ultrasonic Diagnostic Instrument is that it can produce more accurate images than black and white ultrasound machines, which can help doctors diagnose medical conditions more accurately.
Portable:
Portable ultrasound devices are instruments that can be carried around the hospital or clinic and used in different places. They are mainly used for imaging purposes, but they also have other applications such as biopsy guidance systems and blood vessel visualization. The global color ultrasound market is expected to grow at a lucrative rate during the forecast period due to its advantages over traditional black & white ones.
Non-portable:
Non-portable color ultrasound diagnostic instruments are used for the diagnosis of chronic diseases such as kidney, liver and heart related problems. These devices have a maximum range of 5 meters from the probe to the screen. They are majorly used by professionals in hospitals and clinics who need to examine a patient at one place rather than moving them to different departments for different tests.
Application Insights:
Based on application, the global color ultrasonic diagnostic instrument market is segmented into hospital, clinic and others. The other applications include laboratories and imaging centers. The hospital segment dominated the overall market in terms of revenue in 2017 due to a large number of users for various diagnostic procedures such as musculoskeletal, cardiology, general surgery and obstetrics & gynecology among others. Ultrasound is widely used for medical imaging as well as diagnosis at this level due to its ability to provide detailed images of soft tissue structures with high resolution.
The clinics segment is expected to grow at a significant rate during the forecast period owing to increasing demand for cost-effective diagnostics that do not require an expensive infrastructure or highly skilled personnel.
Regional Analysis:
North America dominated the global color ultrasonic diagnostic instrument market in 2017. This is due to the presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for cost-effective & faster diagnosis. Moreover, growing prevalence of chronic diseases such as cancer and cardiac disorders has led to an increase in number of surgical procedures performed across this region. Thus, rising need for technologically advanced medical instruments is anticipated to drive regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare facilities & infrastructure coupled with growing awareness regarding various types of diagnostics Ultrasound devices among patients and physicians leading To a large number Of Color Ultrasonic Diagnostic Inventories being used across this region Color ultrasonic diagnostic instrument Market by Application Hospital (UTI), Clinic (CKD) Other).
Growth Factors:
- Increasing demand for minimally invasive diagnostic procedures: The global Color Ultrasonic Diagnostic Instrument market is witnessing a rise in demand for minimally invasive diagnostic procedures, which is attributed to the benefits offered by these procedures over traditional ones. This is likely to drive the market growth during the forecast period.
- Technological advancements: The Color Ultrasonic Diagnostic Instrument market is witnessing rapid technological advancements, which are resulting in innovative products with enhanced features being launched in the market. This is likely to fuel the growth of the market during the forecast period.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer and cardiovascular diseases is rising rapidly, leading to an increase in demand for diagnosis and treatment services using Color Ultrasonic Diagnostic Instruments. This will spur growth of this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Color Ultrasonic Diagnostic Instrument Market Research Report
By Type
Portable, Non-portable
By Application
Hospital, Clinic, Other
By Companies
GE, Philips, Siemens, Hitachi Aloka Medical, Canon Medical Systems, Samsung Medison, Esaote, Analogic, Sonosite, Terason, Mindray
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Color Ultrasonic Diagnostic Instrument Market Report Segments:
The global Color Ultrasonic Diagnostic Instrument market is segmented on the basis of:
Types
Portable, Non-portable
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
Hospital, Clinic, Other
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:
- GE
- Philips
- Siemens
- Hitachi Aloka Medical
- Canon Medical Systems
- Samsung Medison
- Esaote
- Analogic
- Sonosite
- Terason
- Mindray
Highlights of The Color Ultrasonic Diagnostic Instrument 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:
- Portable
- Non-portable
- By Application:
- Hospital
- Clinic
- Other
- 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 Color Ultrasonic Diagnostic Instrument 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.
How you may use our products:
- 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 color ultrasonic diagnostic instrument is a medical device that uses sound waves to produce images of internal organs and tissues. These images can be used to diagnose medical conditions, such as heart disease or cancer.
Some of the major players in the color ultrasonic diagnostic instrument market are GE, Philips, Siemens, Hitachi Aloka Medical, Canon Medical Systems, Samsung Medison, Esaote, Analogic, Sonosite, Terason, Mindray.
The color ultrasonic diagnostic instrument market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Color Ultrasonic Diagnostic Instrument 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 Color Ultrasonic Diagnostic Instrument Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Color Ultrasonic Diagnostic Instrument 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 Color Ultrasonic Diagnostic Instrument 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 Color Ultrasonic Diagnostic Instrument Market Size & Forecast, 2018-2028
4.5.1 Color Ultrasonic Diagnostic Instrument Market Size and Y-o-Y Growth
4.5.2 Color Ultrasonic Diagnostic Instrument Market Absolute $ Opportunity
Chapter 5 Global Color Ultrasonic Diagnostic Instrument 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 Color Ultrasonic Diagnostic Instrument Market Size Forecast by Type
5.2.1 Portable
5.2.2 Non-portable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Color Ultrasonic Diagnostic Instrument 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 Color Ultrasonic Diagnostic Instrument Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Color Ultrasonic Diagnostic Instrument 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 Color Ultrasonic Diagnostic Instrument 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 Color Ultrasonic Diagnostic Instrument Analysis and Forecast
9.1 Introduction
9.2 North America Color Ultrasonic Diagnostic Instrument 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 Color Ultrasonic Diagnostic Instrument Market Size Forecast by Type
9.6.1 Portable
9.6.2 Non-portable
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 Color Ultrasonic Diagnostic Instrument Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
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 Color Ultrasonic Diagnostic Instrument Analysis and Forecast
10.1 Introduction
10.2 Europe Color Ultrasonic Diagnostic Instrument 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 Color Ultrasonic Diagnostic Instrument Market Size Forecast by Type
10.6.1 Portable
10.6.2 Non-portable
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 Color Ultrasonic Diagnostic Instrument Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
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 Color Ultrasonic Diagnostic Instrument Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Color Ultrasonic Diagnostic Instrument 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 Color Ultrasonic Diagnostic Instrument Market Size Forecast by Type
11.6.1 Portable
11.6.2 Non-portable
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 Color Ultrasonic Diagnostic Instrument Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
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 Color Ultrasonic Diagnostic Instrument Analysis and Forecast
12.1 Introduction
12.2 Latin America Color Ultrasonic Diagnostic Instrument 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 Color Ultrasonic Diagnostic Instrument Market Size Forecast by Type
12.6.1 Portable
12.6.2 Non-portable
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 Color Ultrasonic Diagnostic Instrument Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
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) Color Ultrasonic Diagnostic Instrument Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Color Ultrasonic Diagnostic Instrument 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) Color Ultrasonic Diagnostic Instrument Market Size Forecast by Type
13.6.1 Portable
13.6.2 Non-portable
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) Color Ultrasonic Diagnostic Instrument Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
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 Color Ultrasonic Diagnostic Instrument Market: Competitive Dashboard
14.2 Global Color Ultrasonic Diagnostic Instrument Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Philips
14.3.3 Siemens
14.3.4 Hitachi Aloka Medical
14.3.5 Canon Medical Systems
14.3.6 Samsung Medison
14.3.7 Esaote
14.3.8 Analogic
14.3.9 Sonosite
14.3.10 Terason
14.3.11 Mindray
