Market Overview:
The global digital ultrasound system market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for handheld and stationary digital ultrasound systems due to their advantages over traditional analog ultrasound systems. Additionally, the increasing prevalence of chronic diseases such as cancer and cardiovascular diseases is also driving the demand for digital ultrasound systems across the globe. Based on type, the global digital ultrasound system market can be segmented into handheld and stationary digital ultrasound systems. The handheld segment is expected to grow at a higher CAGR than the stationary segment during the forecast period owing to its growing popularity among clinicians for its ease of use and portability.
Product Definition:
A digital ultrasound 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.
Handheld Digital Ultrasound System:
Handheld Digital Ultrasound System is a medical device that emits high-frequency sound waves to create an image of the targeted area. Handheld digital ultrasound systems are used for diagnostic and interventional purposes in various healthcare specialties. The increasing prevalence of chronic diseases such as cancer, cardiovascular disorders, and diabetes has led to the growth of this market.
Stationary Digital Ultrasound System:
Stationary Digital Ultrasound System is a device that helps in taking images of internal body parts with the help of high frequency sound waves. The system works on the principle of transducers, which send out ultrasound beams and capture reflected waves from different areas. These captured data are then transferred to a computer where they are processed and displayed as image frames.
Application Insights:
Based on application, the global demand for DUS is categorized into abdomen, gynecology, urology, vascular and small parts., other and pediatric. The other segment held the largest market share in 2017 due to increasing applications in fields such as musculoskeletal and general imaging. General imaging includes all diagnostic procedures that do not involve any specific organ or tissue of the body. Musculoskeletal involves diagnosis of disorders related to muscles & bone such as sports injuries & strains.
The abdominal segment held a significant market share owing to its wide applications including trauma care units, emergency rooms (ERs), operating theaters (OTs) and intensive care units (ICUs).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing R&D investments by key players, rising adoption of advanced technology and high healthcare expenditure in the region. Moreover, growing number of FDA approvals for digital ultrasound systems is also expected to drive growth during the forecast period. Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to improving healthcare infrastructure and increasing demand for technologically advanced medical devices among patients as well as physicians. In addition, favorable government initiatives are also expected to contribute toward regional growth during this period.
Moreover, presence of a large number of local manufacturers coupled with low manufacturing cost compared to developed regions such as North America.
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 increasing number of aging population, rising prevalence of chronic diseases, and technological advancements in surgical procedures. Digital ultrasound systems are widely used in minimally invasive surgeries as they provide high-resolution images and 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 9% from 2016 to 2021. This is primarily due to the increasing incidence of lifestyle diseases, growing geriatric population, and rising awareness about early diagnosis and treatment options. Digital ultrasound systems are increasingly being used as point-of-care diagnostic devices as they offer fast results with high accuracy levels.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Ultrasound System Market Research Report
By Type
Handheld Digital Ultrasound System, Stationary Digital Ultrasound System
By Application
Abdomen, Obsterics, Gynecology, Urology, Vascular, Small Parts, Pediatrics, Cardiology, Other
By Companies
GE Healthcare, TERUMO CORPORATION, Mindray, BARD Access Systems, Boston Scientific, Caresono, Advanced Instrumentations, Accutome, Terason, Welld, GE Healthcare, CHISON Medical Imaging, Promed Group, Xuzhou Kaixin Electronic Instrument, Alpinion Medical Systems, BENQ Medical Technology, Biocare
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Digital Ultrasound System Market Report Segments:
The global Digital Ultrasound System market is segmented on the basis of:
Types
Handheld Digital Ultrasound System, Stationary Digital Ultrasound System
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
Abdomen, Obsterics, Gynecology, Urology, Vascular, Small Parts, Pediatrics, Cardiology, 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
- TERUMO CORPORATION
- Mindray
- BARD Access Systems
- Boston Scientific
- Caresono
- Advanced Instrumentations
- Accutome
- Terason
- Welld
- GE Healthcare
- CHISON Medical Imaging
- Promed Group
- Xuzhou Kaixin Electronic Instrument
- Alpinion Medical Systems
- BENQ Medical Technology
- Biocare
Highlights of The Digital Ultrasound 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:
- Handheld Digital Ultrasound System
- Stationary Digital Ultrasound System
- By Application:
- Abdomen
- Obsterics
- Gynecology
- Urology
- Vascular
- Small Parts
- Pediatrics
- Cardiology
- 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 Digital Ultrasound 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?
Digital ultrasound system is a medical technology that uses high-frequency sound waves to create images of internal organs and structures. These images can be displayed on a monitor for the doctor or nurse to see.
Some of the major companies in the digital ultrasound system market are GE Healthcare, TERUMO CORPORATION, Mindray, BARD Access Systems, Boston Scientific, Caresono, Advanced Instrumentations, Accutome, Terason, Welld, GE Healthcare, CHISON Medical Imaging, Promed Group, Xuzhou Kaixin Electronic Instrument, Alpinion Medical Systems, BENQ Medical Technology, Biocare.
The digital ultrasound system 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 Digital Ultrasound 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 Digital Ultrasound System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Ultrasound 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 Digital Ultrasound 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 Digital Ultrasound System Market Size & Forecast, 2020-2028
4.5.1 Digital Ultrasound System Market Size and Y-o-Y Growth
4.5.2 Digital Ultrasound System 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 Handheld Digital Ultrasound System
5.2.2 Stationary Digital Ultrasound System
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 Abdomen
6.2.2 Obsterics
6.2.3 Gynecology
6.2.4 Urology
6.2.5 Vascular
6.2.6 Small Parts
6.2.7 Pediatrics
6.2.8 Cardiology
6.2.9 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Ultrasound 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 Digital Ultrasound 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 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 Handheld Digital Ultrasound System
9.6.2 Stationary Digital Ultrasound System
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 Abdomen
9.10.2 Obsterics
9.10.3 Gynecology
9.10.4 Urology
9.10.5 Vascular
9.10.6 Small Parts
9.10.7 Pediatrics
9.10.8 Cardiology
9.10.9 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 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 Handheld Digital Ultrasound System
10.6.2 Stationary Digital Ultrasound System
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 Abdomen
10.10.2 Obsterics
10.10.3 Gynecology
10.10.4 Urology
10.10.5 Vascular
10.10.6 Small Parts
10.10.7 Pediatrics
10.10.8 Cardiology
10.10.9 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 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 Handheld Digital Ultrasound System
11.6.2 Stationary Digital Ultrasound System
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 Abdomen
11.10.2 Obsterics
11.10.3 Gynecology
11.10.4 Urology
11.10.5 Vascular
11.10.6 Small Parts
11.10.7 Pediatrics
11.10.8 Cardiology
11.10.9 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 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 Handheld Digital Ultrasound System
12.6.2 Stationary Digital Ultrasound System
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 Abdomen
12.10.2 Obsterics
12.10.3 Gynecology
12.10.4 Urology
12.10.5 Vascular
12.10.6 Small Parts
12.10.7 Pediatrics
12.10.8 Cardiology
12.10.9 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) 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 Handheld Digital Ultrasound System
13.6.2 Stationary Digital Ultrasound System
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 Abdomen
13.10.2 Obsterics
13.10.3 Gynecology
13.10.4 Urology
13.10.5 Vascular
13.10.6 Small Parts
13.10.7 Pediatrics
13.10.8 Cardiology
13.10.9 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 Digital Ultrasound System Market: Competitive Dashboard
14.2 Global Digital Ultrasound System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 TERUMO CORPORATION
14.3.3 Mindray
14.3.4 BARD Access Systems
14.3.5 Boston Scientific
14.3.6 Caresono
14.3.7 Advanced Instrumentations
14.3.8 Accutome
14.3.9 Terason
14.3.10 Welld
14.3.11 GE Healthcare
14.3.12 CHISON Medical Imaging
14.3.13 Promed Group
14.3.14 Xuzhou Kaixin Electronic Instrument
14.3.15 Alpinion Medical Systems
14.3.16 BENQ Medical Technology
14.3.17 Biocare
