Market Overview:
The global transesophageal ultrasound transducers 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 demand for minimally invasive surgeries and rising prevalence of cardiovascular diseases. The 2D TEE probe segment is expected to dominate the global transesophageal ultrasound transducers market during the forecast period, owing to its low cost and high accuracy. However, the 3D/4D TEE probe segment is projected to grow at a higher CAGR during the forecast period, due to its ability to provide superior images compared with 2D TEE probes.
Product Definition:
A transesophageal ultrasound probe is a medical device that uses sound waves to create images of the inside of the body. It is inserted into the mouth and passed down the throat into the esophagus. This allows for better images of organs in the chest and abdomen than traditional ultrasound probes.
2D TEE Probe:
2D TEE probe is a device that can be inserted through the skin into the body to view and monitor internal organs. It's an effective method for monitoring blood flow in small vessels, which helps in diagnosing diseases such as kidney stones, liver disease and cancer.
The 2D TEE probe has gained popularity due to its ability to provide real-time images of organ functions without using any radiation or contrast agents.
3D/4D TEE Probe:
The 3D/4D TEE probe is a device that is used to measure the blood volume and flow in the third and fourth cranial arteries. It helps in diagnosing diseases related to these vessels such as stroke, aneurysms, cerebral arteriovenous malformations (AVM), or brain tumor.
Application Insights:
The adult segment held the largest share of the global transesophageal ultrasound probes market in 2017. The growing geriatric population and rising number of surgeries are some of the major factors driving this segment. For instance, as per a study published by WHO, in 2016, there were about 1.7 billion people aged 60 years or above across the globe which was a rise from about 1.6 billion such individuals in 2010.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for accurate diagnosis are some factors responsible for its large share. Moreover, government initiatives to raise awareness regarding TEE are also expected to drive the regional market during the forecast period. For instance, in February 2018, Northwell Health introduced a new video game application TransEcho: Virtual Ultrasound at www.transechogame.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to rising geriatric population base with cardiac problems.
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 advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Transesophageal ultrasound transducers are an important part of minimally invasive surgeries and are thus expected to witness high demand in the coming years.
- Technological advancements: The development of new technologies has led to the introduction of innovative products in the transesophageal ultrasound transducers market. These new products offer better performance and increased efficiency, which is likely to boost their adoption among healthcare professionals worldwide.
- Rising prevalence of cardiovascular diseases: Cardiovascular diseases are one of the leading causes of death globally and account for a significant proportion of healthcare expenditure each year. Transesophageal ultrasound transducers play an important role in diagnosing and treating cardiovascular diseases, thus driving their growth in this market segment..
Scope Of The Report
Report Attributes
Report Details
Report Title
Transesophageal Ultrasound Transducers Market Research Report
By Type
2D TEE Probe, 3D/4D TEE Probe
By Application
Neonatal and Pediatric, Adult
By Companies
Philips, GE Healthcare, Canon, Hitachi, Siemens Healthineers, Mindray, Samsung Medison, Fujifilm Sonosite, BK Medical, Philips
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Transesophageal Ultrasound Transducers Market Report Segments:
The global Transesophageal Ultrasound Transducers market is segmented on the basis of:
Types
2D TEE Probe, 3D/4D TEE Probe
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
Neonatal and Pediatric, Adult
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:
- Philips
- GE Healthcare
- Canon
- Hitachi
- Siemens Healthineers
- Mindray
- Samsung Medison
- Fujifilm Sonosite
- BK Medical
- Philips
Highlights of The Transesophageal Ultrasound Transducers 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 TEE Probe
- 3D/4D TEE Probe
- By Application:
- Neonatal and Pediatric
- Adult
- 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 Transesophageal Ultrasound Transducers 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
- Market Entry Strategies
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- Product & Brand Management
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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 transesophageal ultrasound (TES) probe is a long, thin device that is inserted through the mouth and into the stomach. The TES probe emits high-frequency sound waves that travel through the stomach and intestines to create images of internal organs.
Some of the key players operating in the transesophageal ultrasound transducers market are Philips, GE Healthcare, Canon, Hitachi, Siemens Healthineers, Mindray, Samsung Medison, Fujifilm Sonosite, BK Medical, Philips.
The transesophageal ultrasound transducers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Transesophageal Ultrasound Transducers 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 Transesophageal Ultrasound Transducers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Transesophageal Ultrasound Transducers 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 Transesophageal Ultrasound Transducers 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 Transesophageal Ultrasound Transducers Market Size & Forecast, 2018-2028
4.5.1 Transesophageal Ultrasound Transducers Market Size and Y-o-Y Growth
4.5.2 Transesophageal Ultrasound Transducers Market Absolute $ Opportunity
Chapter 5 Global Transesophageal Ultrasound Transducers 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 Transesophageal Ultrasound Transducers Market Size Forecast by Type
5.2.1 2D TEE Probe
5.2.2 3D/4D TEE Probe
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Transesophageal Ultrasound Transducers 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 Transesophageal Ultrasound Transducers Market Size Forecast by Applications
6.2.1 Neonatal and Pediatric
6.2.2 Adult
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Transesophageal Ultrasound Transducers 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 Transesophageal Ultrasound Transducers 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 Transesophageal Ultrasound Transducers Analysis and Forecast
9.1 Introduction
9.2 North America Transesophageal Ultrasound Transducers 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 Transesophageal Ultrasound Transducers Market Size Forecast by Type
9.6.1 2D TEE Probe
9.6.2 3D/4D TEE Probe
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 Transesophageal Ultrasound Transducers Market Size Forecast by Applications
9.10.1 Neonatal and Pediatric
9.10.2 Adult
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 Transesophageal Ultrasound Transducers Analysis and Forecast
10.1 Introduction
10.2 Europe Transesophageal Ultrasound Transducers 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 Transesophageal Ultrasound Transducers Market Size Forecast by Type
10.6.1 2D TEE Probe
10.6.2 3D/4D TEE Probe
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 Transesophageal Ultrasound Transducers Market Size Forecast by Applications
10.10.1 Neonatal and Pediatric
10.10.2 Adult
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 Transesophageal Ultrasound Transducers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Transesophageal Ultrasound Transducers 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 Transesophageal Ultrasound Transducers Market Size Forecast by Type
11.6.1 2D TEE Probe
11.6.2 3D/4D TEE Probe
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 Transesophageal Ultrasound Transducers Market Size Forecast by Applications
11.10.1 Neonatal and Pediatric
11.10.2 Adult
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 Transesophageal Ultrasound Transducers Analysis and Forecast
12.1 Introduction
12.2 Latin America Transesophageal Ultrasound Transducers 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 Transesophageal Ultrasound Transducers Market Size Forecast by Type
12.6.1 2D TEE Probe
12.6.2 3D/4D TEE Probe
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 Transesophageal Ultrasound Transducers Market Size Forecast by Applications
12.10.1 Neonatal and Pediatric
12.10.2 Adult
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) Transesophageal Ultrasound Transducers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Transesophageal Ultrasound Transducers 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) Transesophageal Ultrasound Transducers Market Size Forecast by Type
13.6.1 2D TEE Probe
13.6.2 3D/4D TEE Probe
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) Transesophageal Ultrasound Transducers Market Size Forecast by Applications
13.10.1 Neonatal and Pediatric
13.10.2 Adult
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 Transesophageal Ultrasound Transducers Market: Competitive Dashboard
14.2 Global Transesophageal Ultrasound Transducers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 GE Healthcare
14.3.3 Canon
14.3.4 Hitachi
14.3.5 Siemens Healthineers
14.3.6 Mindray
14.3.7 Samsung Medison
14.3.8 Fujifilm Sonosite
14.3.9 BK Medical
14.3.10 Philips
