Market Overview:
The global color ultrasound diagnostic equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for color ultrasound diagnostic equipment due to its superior image quality and accuracy as compared to traditional black-and-white ultrasound systems. In addition, the growing prevalence of chronic diseases such as cancer and cardiovascular diseases is also contributing significantly towards the growth of this market. Based on type, the global color ultrasound diagnostic equipment market can be segmented into 2D, 3D & 4D, and color Doppler systems. The 3D & 4D segment is expected to witness highest growth during the forecast period owing to its ability to provide high-resolution images that help in better diagnosis of medical conditions. By application, hospitals are expected account for majority share in terms of revenue in this market followed by clinics and others segments respectively.
Product Definition:
Color ultrasound diagnostic equipment is a type of medical equipment that uses sound waves to create images of the inside of the body. These images can be used to help diagnose medical conditions.
2D:
2D is a type of imaging technology that creates an image by sending a beam of ultrasound waves along the body. The reflected sound waves capture images of internal organs, bones, and tissues. 2D imaging is mainly used for evaluating diseases related to kidneys, liver and heart such as abdominal pain, swelling in legs or arms or stomach problems due to disease etc., It also helps in identifying injuries related to accidents such as falls and road traffic injuries.
3D & 4D:
3D & 4D is the classification based on the fourth dimension which includes techniques such as time-lapse imaging and anaglyph 3D. Time-lapse imaging is a technique where a series of images are taken at regular intervals to create an animation. Anaglyph 3D uses two different images displayed side by side with 180 degrees difference in their color which helps in accurate diagnosis.
Application Insights:
The hospitals segment dominated the global color ultrasound diagnostic equipment market in 2017. This is attributed to a large number of procedures that require high-end technology for diagnosis. Hospitals are investing more in state-of-the-art equipment, thereby providing better services to patients and ensuring better outcomes during surgeries. Ultrasound machines used in hospitals are designed with features, such as connectivity, touch screen monitors and advanced imaging software that allows easy navigation through menus by surgeons while diagnosing diseases or injuries. The clinics segment is expected to exhibit significant growth over the forecast period owing to an increase in demand for color ultrasound diagnostic equipment at low costs from consumers and healthcare providers across the globe. Consumers prefer purchasing these devices due to their affordability along with ease of use by medical professionals during examinations or treatments conducted at home or remote locations away from hospitals/clinics where these devices can be used as portable units connected via a local area network (LAN).
Regional Analysis:
North America dominated the global color ultrasound diagnostic equipment market in 2017. This can be attributed to increasing R&D investments by government and private entities, high adoption of technologically advanced products, and presence of well-established healthcare facilities. In addition, favorable reimbursement policies for medical treatments provided through hospitals are some other factors contributing toward the growth of this regional market.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising demand for cost-effective & easy-to-use diagnostic tools with higher accuracy rates that meet international standards. Moreover, growing target population base coupled with rapidly developing healthcare infrastructure in countries such as India and China are among key factors driving regional growth forward.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily owing to the increasing number of geriatric population, rising prevalence of chronic diseases, and technological advancements in surgical procedures. Color ultrasound diagnostic equipment are extensively used in minimally invasive surgeries as they provide high-resolution images with accurate diagnosis.
- Growing demand for point-of-care diagnostics: The global market for point-of-care diagnostics is expected to grow at a CAGR of 7% from 2016 to 2021 due to the increasing incidence of lifestyle diseases and growing awareness about early diagnosis and treatment options among patients worldwide. Color ultrasound diagnostic equipment offer fast, accurate, and reliable results which makes them an ideal choice for point-of-care diagnostics applications.
- Rising healthcare expenditure: The global healthcare expenditure is projected to grow at a CAGR of 6% from 2016to 2021 due the increasing number of aging population, rising prevalence rates of chronic diseases such as cancer and diabetes, and expanding insurance coverage across emerging economies worldwide . This will create significant opportunities for color ultrasound diagnostic equipment manufacturers as hospitals upgrade their existing imaging systems or invest in new systems altogether..
Scope Of The Report
Report Attributes
Report Details
Report Title
Color Ultrasound Diagnostic Equipment Market Research Report
By Type
2D, 3D & 4D, Color Doppler
By Application
Hospitals, Clinics, Others
By Companies
GE Healthcare, Philips, Siemens, Canon Medical Systems, Hitachi Medical, Mindray, Fujifilm SonoSite, SonoScape Medical, Esaote, Samsung Medison, 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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Color Ultrasound Diagnostic Equipment Market Report Segments:
The global Color Ultrasound Diagnostic Equipment market is segmented on the basis of:
Types
2D, 3D & 4D, Color Doppler
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
Hospitals, Clinics, Others
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 Healthcare
- Philips
- Siemens
- Canon Medical Systems
- Hitachi Medical
- Mindray
- Fujifilm SonoSite
- SonoScape Medical
- Esaote
- Samsung Medison
- Landwind Medical
Highlights of The Color Ultrasound Diagnostic Equipment 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:
- 2D
- 3D & 4D
- Color Doppler
- By Application:
- Hospitals
- Clinics
- Others
- 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 Ultrasound Diagnostic Equipment 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?
Color ultrasound diagnostic equipment is a type of medical imaging equipment that uses color to create images of body tissues. This technology can be used to diagnose conditions such as cancer, heart disease, and other medical problems.
Some of the major companies in the color ultrasound diagnostic equipment market are GE Healthcare, Philips, Siemens, Canon Medical Systems, Hitachi Medical, Mindray, Fujifilm SonoSite, SonoScape Medical, Esaote, Samsung Medison, Landwind Medical.
The color ultrasound diagnostic equipment market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Color Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Color Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment Market Size & Forecast, 2018-2028
4.5.1 Color Ultrasound Diagnostic Equipment Market Size and Y-o-Y Growth
4.5.2 Color Ultrasound Diagnostic Equipment Market Absolute $ Opportunity
Chapter 5 Global Color Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment Market Size Forecast by Type
5.2.1 2D
5.2.2 3D & 4D
5.2.3 Color Doppler
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Color Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Color Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Color Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment Market Size Forecast by Type
9.6.1 2D
9.6.2 3D & 4D
9.6.3 Color Doppler
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 Ultrasound Diagnostic Equipment Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
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 Ultrasound Diagnostic Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Color Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment Market Size Forecast by Type
10.6.1 2D
10.6.2 3D & 4D
10.6.3 Color Doppler
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 Ultrasound Diagnostic Equipment Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
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 Ultrasound Diagnostic Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Color Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment Market Size Forecast by Type
11.6.1 2D
11.6.2 3D & 4D
11.6.3 Color Doppler
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 Ultrasound Diagnostic Equipment Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
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 Ultrasound Diagnostic Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Color Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment Market Size Forecast by Type
12.6.1 2D
12.6.2 3D & 4D
12.6.3 Color Doppler
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 Ultrasound Diagnostic Equipment Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
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 Ultrasound Diagnostic Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Color Ultrasound Diagnostic Equipment 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 Ultrasound Diagnostic Equipment Market Size Forecast by Type
13.6.1 2D
13.6.2 3D & 4D
13.6.3 Color Doppler
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 Ultrasound Diagnostic Equipment Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
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 Ultrasound Diagnostic Equipment Market: Competitive Dashboard
14.2 Global Color Ultrasound Diagnostic Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Philips
14.3.3 Siemens
14.3.4 Canon Medical Systems
14.3.5 Hitachi Medical
14.3.6 Mindray
14.3.7 Fujifilm SonoSite
14.3.8 SonoScape Medical
14.3.9 Esaote
14.3.10 Samsung Medison
14.3.11 Landwind Medical
