Market Overview:
The global medical ultrasound transducer 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 various diseases and disorders, growing geriatric population, and technological advancements in medical ultrasound transducers. Based on type, the global medical ultrasound transducer market is segmented into linear type, convex type, phased array type, endocavitary type, and others. The linear type segment is expected to account for the largest share of the global medical ultrasound transducer market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high demand for diagnostic applications such as ophthalmology and cardiology. Based on application, the global medical ultrasound transducer market is divided into ophthalmology, cardiology,, abdomen,, uterus,, other applications), which are further sub-segmented into breast cancer screening & diagnosis,, small parts imaging (such as ankle & wrist), nerve blocks etc.).
Product Definition:
A medical ultrasound transducer is a device that emits high-frequency sound waves and then detects the echoes as they bounce off organs or tissues inside the body. The echoes are converted into an image that can be used to diagnose medical conditions.
Linear Type:
The linear type is a transducer that converts the mechanical wave motion into electrical signals. The medical ultrasound transducers are classified into two types on the basis of their size, namely small and large. The small ones are used in mobile devices such as handheld or portable ultrasound machines, whereas large-sized equipment are used in diagnostic imaging devices such as desktop or integrated systems.
Convex Type:
Convex type is a transducer technology that has been used in ultrasound systems for many years. However, it has undergone several advancements and modifications over the years. The basic convex transducer consists of an outer metal shell surrounding a thin membrane or diaphragm which vibrates when an electric current is applied to it.
Application Insights:
Based on application, the global medical ultrasound transducer market is segmented into ophthalmology, cardiology, abdomen/pelvic/gynology, and others. The other applications include neurology and musculoskeletal. Ophthalmology held the largest share in 2017 owing to high usage in various ophthalmic procedures such as cataract surgery (in-and-out of hospital), diabetic retinopathy screening tests (OCT), glaucoma testing & treatment monitoring (SITA) using ultrasound imaging devices with enhanced performance characteristics for better patient care.
Cardiology is expected to be one of the fastest growing segments over the forecast period due to increasing adoption of these devices for diagnostic & therapeutic procedures related to heart valves replacement & repair as well as congenital heart diseases. Moreover, these devices are used for diagnosing arrhythmia and assessing valve function during a cardiac catheter procedure which further boosts its demand globally.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, high adoption rate of advanced medical devices, and favorable reimbursement policies are some major factors responsible for its growth. In addition, increasing demand for technologically advanced products is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population and improving economic conditions in emerging countries such as India and China.
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 owing to the increasing number of geriatric population, rising prevalence of chronic diseases, and technological advancements in the field of medical devices. Ultrasound transducers are extensively used in minimally invasive surgeries as they provide high-resolution images with minimum tissue damage.
- Growing popularity of ultrasound-guided procedures: Ultrasound guidance has emerged as an important modality for performing various medical procedures such as biopsies, aspirations, and drainage procedures etcetera. It helps in improving accuracy and precision while reducing procedure time and surgical complications related to incorrect needle placement or vessel puncture etcetera.. The growing popularity of ultrasound-guided procedures is thus likely to boost the demand for ultrasound transducers in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Ultrasound Transducer Market Research Report
By Type
Linear Type, Convex Type, Phased Array Type, Endocavitary Type, Others
By Application
Ophthalmology, Cardiology, Abdomen, Uterus, Other
By Companies
GE, Philips, Siemens, SonoSite, Toshiba, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, Shenzhen Ruqi, SonoScape, Jiarui
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Medical Ultrasound Transducer Market Report Segments:
The global Medical Ultrasound Transducer market is segmented on the basis of:
Types
Linear Type, Convex Type, Phased Array Type, Endocavitary Type, Others
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
Ophthalmology, Cardiology, Abdomen, Uterus, 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
- SonoSite
- Toshiba
- Samsung Medison
- Hitachi
- Esaote
- Mindray
- SIUI
- Shenzhen Ruqi
- SonoScape
- Jiarui
Highlights of The Medical Ultrasound Transducer 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:
- Linear Type
- Convex Type
- Phased Array Type
- Endocavitary Type
- Others
- By Application:
- Ophthalmology
- Cardiology
- Abdomen
- Uterus
- 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 Medical Ultrasound Transducer 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?
A medical ultrasound transducer is a device that converts sound waves into images of the body. Ultrasound imaging is used to examine parts of the body that are difficult or impossible to see with other methods, such as X-rays.
Some of the major players in the medical ultrasound transducer market are GE, Philips, Siemens, SonoSite, Toshiba, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, Shenzhen Ruqi, SonoScape, Jiarui.
The medical ultrasound transducer 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 Medical Ultrasound Transducer 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 Medical Ultrasound Transducer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Ultrasound Transducer 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 Medical Ultrasound Transducer 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 Medical Ultrasound Transducer Market Size & Forecast, 2018-2028
4.5.1 Medical Ultrasound Transducer Market Size and Y-o-Y Growth
4.5.2 Medical Ultrasound Transducer Market Absolute $ Opportunity
Chapter 5 Global Medical Ultrasound Transducer 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 Medical Ultrasound Transducer Market Size Forecast by Type
5.2.1 Linear Type
5.2.2 Convex Type
5.2.3 Phased Array Type
5.2.4 Endocavitary Type
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Ultrasound Transducer 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 Medical Ultrasound Transducer Market Size Forecast by Applications
6.2.1 Ophthalmology
6.2.2 Cardiology
6.2.3 Abdomen
6.2.4 Uterus
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Ultrasound Transducer 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 Medical Ultrasound Transducer 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 Medical Ultrasound Transducer Analysis and Forecast
9.1 Introduction
9.2 North America Medical Ultrasound Transducer 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 Medical Ultrasound Transducer Market Size Forecast by Type
9.6.1 Linear Type
9.6.2 Convex Type
9.6.3 Phased Array Type
9.6.4 Endocavitary Type
9.6.5 Others
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 Medical Ultrasound Transducer Market Size Forecast by Applications
9.10.1 Ophthalmology
9.10.2 Cardiology
9.10.3 Abdomen
9.10.4 Uterus
9.10.5 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 Medical Ultrasound Transducer Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Ultrasound Transducer 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 Medical Ultrasound Transducer Market Size Forecast by Type
10.6.1 Linear Type
10.6.2 Convex Type
10.6.3 Phased Array Type
10.6.4 Endocavitary Type
10.6.5 Others
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 Medical Ultrasound Transducer Market Size Forecast by Applications
10.10.1 Ophthalmology
10.10.2 Cardiology
10.10.3 Abdomen
10.10.4 Uterus
10.10.5 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 Medical Ultrasound Transducer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Ultrasound Transducer 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 Medical Ultrasound Transducer Market Size Forecast by Type
11.6.1 Linear Type
11.6.2 Convex Type
11.6.3 Phased Array Type
11.6.4 Endocavitary Type
11.6.5 Others
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 Medical Ultrasound Transducer Market Size Forecast by Applications
11.10.1 Ophthalmology
11.10.2 Cardiology
11.10.3 Abdomen
11.10.4 Uterus
11.10.5 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 Medical Ultrasound Transducer Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Ultrasound Transducer 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 Medical Ultrasound Transducer Market Size Forecast by Type
12.6.1 Linear Type
12.6.2 Convex Type
12.6.3 Phased Array Type
12.6.4 Endocavitary Type
12.6.5 Others
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 Medical Ultrasound Transducer Market Size Forecast by Applications
12.10.1 Ophthalmology
12.10.2 Cardiology
12.10.3 Abdomen
12.10.4 Uterus
12.10.5 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) Medical Ultrasound Transducer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Ultrasound Transducer 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) Medical Ultrasound Transducer Market Size Forecast by Type
13.6.1 Linear Type
13.6.2 Convex Type
13.6.3 Phased Array Type
13.6.4 Endocavitary Type
13.6.5 Others
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) Medical Ultrasound Transducer Market Size Forecast by Applications
13.10.1 Ophthalmology
13.10.2 Cardiology
13.10.3 Abdomen
13.10.4 Uterus
13.10.5 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 Medical Ultrasound Transducer Market: Competitive Dashboard
14.2 Global Medical Ultrasound Transducer 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 SonoSite
14.3.5 Toshiba
14.3.6 Samsung Medison
14.3.7 Hitachi
14.3.8 Esaote
14.3.9 Mindray
14.3.10 SIUI
14.3.11 Shenzhen Ruqi
14.3.12 SonoScape
14.3.13 Jiarui
