Market Overview:
The Global Color Ultrasound Diagnostic System Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in ultrasound diagnostic systems. By type, the market is segmented into 2~4MHz, 2~5MHz, 5~12MHz, and other segments. The 2~4MHz segment is expected to hold the largest share of the global color ultrasound diagnostic system market in 2018 owing to its low cost and easy availability. By application, the hospital segment is expected to account for a major share of the global color ultrasound diagnostic system market in 2018 due to increasing demand for early diagnosis and treatment of various diseases among patients admitted in hospitals.
Product Definition:
A color ultrasound diagnostic system is a medical device that uses sound waves to create images of the inside of the body. These images can be used to diagnose and treat medical conditions.
2~4MHz:
2 4 MHz is a diagnostic ultrasound system used for the detection of blood in human body. It's an advanced non-invasive medical technology that helps healthcare professionals to view and identify internal organs with high resolution and contrast.
It has been observed that 2 4 MHz CUDOS can reduce the rate of hospital readmissions, emergency room visits, and overall costs by up to 30%.
2~5MHz:
2.5 MHz is the diagnostic upper limit for ultrasound machines. The ultrasonic imaging uses high frequency sound waves to produce images of internal organs and tissues by sending out very short, rapid pulses of ultrasound energy. 2-D color ultrasound uses a combination of red, green and blue light beams that are used to display an image on the screen of a computer or television set.
Application Insights:
The hospital segment dominated the global color ultrasound diagnostic system market in 2017. This is owing to factors such as an increase in the prevalence of chronic diseases, especially cardiac and cancer, and rising demand for advanced diagnostics systems. Furthermore, increasing investments by governments for developing healthcare infrastructure are expected to boost product demand over the forecast period.
Clinic applications include pre-operative assessment or diagnosis of patients prior to undergoing any surgical procedure or dental treatment. These devices help reduce turnaround time before an imaging study can be performed while also reducing patient exposure to radiation by providing real-time images on a digital display screen.
Regional Analysis:
North America dominated the global color ultrasound diagnostic system market in 2017. This is due to the presence of well-established healthcare infrastructure, high adoption rate of advanced technology and availability of skilled professionals in this region. Moreover, increasing demand for technologically advanced medical devices that can be used during pregnancy and neonatal period is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising patient awareness levels regarding early diagnosis coupled with government initiatives for improving public health systems in developing countries such as India and China.
Major players operating in global color ultrasound diagnostic system market include but are not limited too are Siemens Healthcare GmbH & Co., Ltd.; Koninklijke Philips N.V.
Growth Factors:
- Increasing demand for minimally invasive diagnostic procedures: The global Color Ultrasound Diagnostic System market is expected to grow at a CAGR of 6.5% during the forecast period owing to the increasing demand for minimally invasive diagnostic procedures. This is mainly because of the advantages offered by these procedures such as shorter hospital stays, reduced pain and blood loss, and faster recovery times when compared with traditional surgical procedures.
- Technological advancements: The development of new technologies in the Color Ultrasound Diagnostic System market is expected to drive market growth during the forecast period. For instance, in 2017, Siemens Healthineers launched its Acuson S2000 ultrasound system that offers superior image quality and performance even in difficult-to-scan areas due to its advanced beamforming technology. This is likely to increase adoption of ultrasound systems among healthcare providers worldwide.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, cardiovascular diseases (CVDs), and diabetes is rising rapidly due to changing lifestyles and aging populations across the world. This has led healthcare providers to increasingly adopt color ultrasound diagnostics as a key tool for early diagnosis and treatment planning for these conditions.,,,4) Growing geriatric population: A major factor driving growth in th eColor Ultrasound Diagnostic System market is th egrowing geriatric population across t he globe . As people age , they are more prone t o develop chron ic disea ses
Scope Of The Report
Report Attributes
Report Details
Report Title
Color Ultrasound Diagnostic System Market Research Report
By Type
2~4MHz, 2~5MHz, 5~12MHz, Other
By Application
Hospital, Clinic, Other
By Companies
GE Healthcare, Siemens, Canon Medical Systems, Philip, Hitachi, Samsung, Esaote S.p.A., Fujifilm, Mindray, CAmed Medical Systems GmbH, BMV Technology, Shenzhen WELLD Medical Electronics Co., Ltd., SonoScape, LANDWIND MEDICAL, SIUI, CHISON Medical Technologies Co., Ltd., Edan Instruments, Inc.
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Color Ultrasound Diagnostic System Market Report Segments:
The global Color Ultrasound Diagnostic System market is segmented on the basis of:
Types
2~4MHz, 2~5MHz, 5~12MHz, Other
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 Healthcare
- Siemens
- Canon Medical Systems
- Philip
- Hitachi
- Samsung
- Esaote S.p.A.
- Fujifilm
- Mindray
- CAmed Medical Systems GmbH
- BMV Technology
- Shenzhen WELLD Medical Electronics Co., Ltd.
- SonoScape
- LANDWIND MEDICAL
- SIUI
- CHISON Medical Technologies Co., Ltd.
- Edan Instruments, Inc.
Highlights of The Color Ultrasound Diagnostic System 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:
- 2~4MHz
- 2~5MHz
- 5~12MHz
- Other
- 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 Ultrasound Diagnostic System 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?
The Color Ultrasound Diagnostic System is a medical device that uses ultrasound to produce images of the inside of the body. These images can be used to diagnose medical conditions, such as cancer.
Some of the major companies in the color ultrasound diagnostic system market are GE Healthcare, Siemens, Canon Medical Systems, Philip, Hitachi, Samsung, Esaote S.p.A., Fujifilm, Mindray, CAmed Medical Systems GmbH, BMV Technology, Shenzhen WELLD Medical Electronics Co., Ltd., SonoScape, LANDWIND MEDICAL, SIUI, CHISON Medical Technologies Co., Ltd., Edan Instruments, Inc..
The color ultrasound diagnostic system 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 Color Ultrasound Diagnostic System 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 System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Color Ultrasound Diagnostic System 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 System 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 System Market Size & Forecast, 2018-2028 4.5.1 Color Ultrasound Diagnostic System Market Size and Y-o-Y Growth 4.5.2 Color Ultrasound Diagnostic System Market Absolute $ Opportunity
Chapter 5 Global Color Ultrasound Diagnostic System 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 System Market Size Forecast by Type
5.2.1 2~4MHz
5.2.2 2~5MHz
5.2.3 5~12MHz
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Color Ultrasound Diagnostic System 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 System 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 Ultrasound Diagnostic System 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 System 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 System Analysis and Forecast
9.1 Introduction
9.2 North America Color Ultrasound Diagnostic System 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 System Market Size Forecast by Type
9.6.1 2~4MHz
9.6.2 2~5MHz
9.6.3 5~12MHz
9.6.4 Other
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 System 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 Ultrasound Diagnostic System Analysis and Forecast
10.1 Introduction
10.2 Europe Color Ultrasound Diagnostic System 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 System Market Size Forecast by Type
10.6.1 2~4MHz
10.6.2 2~5MHz
10.6.3 5~12MHz
10.6.4 Other
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 System 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 Ultrasound Diagnostic System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Color Ultrasound Diagnostic System 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 System Market Size Forecast by Type
11.6.1 2~4MHz
11.6.2 2~5MHz
11.6.3 5~12MHz
11.6.4 Other
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 System 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 Ultrasound Diagnostic System Analysis and Forecast
12.1 Introduction
12.2 Latin America Color Ultrasound Diagnostic System 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 System Market Size Forecast by Type
12.6.1 2~4MHz
12.6.2 2~5MHz
12.6.3 5~12MHz
12.6.4 Other
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 System 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 Ultrasound Diagnostic System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Color Ultrasound Diagnostic System 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 System Market Size Forecast by Type
13.6.1 2~4MHz
13.6.2 2~5MHz
13.6.3 5~12MHz
13.6.4 Other
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 System 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 Ultrasound Diagnostic System Market: Competitive Dashboard
14.2 Global Color Ultrasound Diagnostic System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Siemens
14.3.3 Canon Medical Systems
14.3.4 Philip
14.3.5 Hitachi
14.3.6 Samsung
14.3.7 Esaote S.p.A.
14.3.8 Fujifilm
14.3.9 Mindray
14.3.10 CAmed Medical Systems GmbH
14.3.11 BMV Technology
14.3.12 Shenzhen WELLD Medical Electronics Co., Ltd.
14.3.13 SonoScape
14.3.14 LANDWIND MEDICAL
14.3.15 SIUI
14.3.16 CHISON Medical Technologies Co., Ltd.
14.3.17 Edan Instruments, Inc.