Market Overview:
Ultrasonic phased array probe is a type of ultrasound probe that uses multiple transducers to create an image. This type of ultrasound probe has the ability to produce high-resolution images and can be used for a variety of applications, such as ophthalmology, cardiology, abdomen, uterus, and other applications. The global ultrasonic phased array probe market is expected to grow at a CAGR of 7.5% from 2018 to 2030. Some of the factors that are driving the growth of this market include the increasing demand for minimally invasive surgeries and rising prevalence of chronic diseases.
Product Definition:
An ultrasonic phased array probe is a medical device that uses ultrasonic waves to image internal organs. The probe sends out sound waves in a fan-like pattern. These waves bounce off the organs and are reflected back to the probe. The computer inside the probe calculates the time it takes for each wave to return and creates an image of the organ.
The ultrasound images produced by a phased array probe are much more detailed than those produced by a standard ultrasound machine.
Ultrasound Straight Probe:
Ultrasound straight probe is a device used in ultrasonic phased array to measure the distance between any two objects. It’s an optical fiber with a light source at one end and detector at the other. The detector measures the intensity of light and converts it into an electrical signal representing distance information.
Ultrasound Angle Probe:
Ultrasound angle probe is an electronic device used to measure the angles of SONAR returns. It works on the principle of ultrasonic phased array. Ultrasonic phased array uses sound waves for creating a digital image of internal organs and tissues by measuring the time it takes for these waves to reflect from different surfaces inside a body.
This device has wide applications in medical imaging, biopsy guidance, surgical navigation systems,.
Application Insights:
Based on application, the market is segmented into ophthalmology, cardiology, abdomen, uterus and others. The other applications include neurology and general surgery. In 2017, the abdomen segment dominated the global market owing to a high number of surgical procedures in this region. Ultrasonic phased array probes are used for various diagnostic procedures such as liver biopsy and kidney stone examination in abdominal ultrasound imaging.
Owing to technological advancements coupled with increasing adoption of UPAB for diagnosis of diseases such as pancreatic cancer and gallstones among others; this technology is expected to witness lucrative growth over the forecast period across all these applications regions. Furthermore, introduction of new products by prominent industry players coupled with rising demand from key markets including North America and Europe will further propel growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of key players, high adoption rate of advanced technologies, and increasing healthcare expenditure in this region. Moreover, favorable reimbursement policies are also expected to drive regional growth during the forecast period. Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising healthcare spending by various governments and increasing awareness about ultrasound devices among patients as well as physicians.
Moreover, improving infrastructure facilities in developing countries such as India and China are likely to boost medical tourism which will further increase awareness regarding ultrasonic phased array probe usage along with other minimally invasive procedures involved thereby driving regional demand for UPA techniques in future years too (2018-2030).
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 due to the benefits offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Ultrasonic phased array probes are widely used in minimally invasive surgeries as they offer superior image quality and precision compared to other imaging modalities.
- Growing demand for ultrasound-guided interventions: Ultrasound guidance is becoming an increasingly popular technique for performing various medical interventions such as biopsies, ablations, and drainage procedures. This is because ultrasound provides real-time images of the target area that helps physicians achieve better accuracy and precision during the intervention procedure. Ultrasonic phased array probes are well suited for use in ultrasound-guided interventions as they offer high image quality and resolution along with precise targeting capabilities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultrasonic Phased Array Probe Market Research Report
By Type
Ultrasound Straight Probe, Ultrasound Angle Probe, Ultrasound Curvature Probe
By Application
Ophthalmology, Cardiology, Abdomen, Uterus, Other
By Companies
GE, Philips, Siemens, SonoSite, Toshiba, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, GE, SonoScape
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Ultrasonic Phased Array Probe Market Report Segments:
The global Ultrasonic Phased Array Probe market is segmented on the basis of:
Types
Ultrasound Straight Probe, Ultrasound Angle Probe, Ultrasound Curvature 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
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
- GE
- SonoScape
Highlights of The Ultrasonic Phased Array Probe 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:
- Ultrasound Straight Probe
- Ultrasound Angle Probe
- Ultrasound Curvature Probe
- 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 Ultrasonic Phased Array Probe 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?
An ultrasonic phased array probe is a type of acoustic sensor that uses an array of microphones to measure sound waves in three dimensions. This technology can be used to detect objects and features inside a fluid or other medium, as well as the distance and direction to those objects.
Some of the major companies in the ultrasonic phased array probe market are GE, Philips, Siemens, SonoSite, Toshiba, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, GE, SonoScape.
The ultrasonic phased array probe market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultrasonic Phased Array Probe 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 Ultrasonic Phased Array Probe Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultrasonic Phased Array Probe 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 Ultrasonic Phased Array Probe 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 Ultrasonic Phased Array Probe Market Size & Forecast, 2020-2028
4.5.1 Ultrasonic Phased Array Probe Market Size and Y-o-Y Growth
4.5.2 Ultrasonic Phased Array Probe 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 Ultrasound Straight Probe
5.2.2 Ultrasound Angle Probe
5.2.3 Ultrasound Curvature Probe
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 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 Ultrasonic Phased Array Probe 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 Ultrasonic Phased Array Probe 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 Ultrasound Straight Probe
9.6.2 Ultrasound Angle Probe
9.6.3 Ultrasound Curvature 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 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 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 Ultrasound Straight Probe
10.6.2 Ultrasound Angle Probe
10.6.3 Ultrasound Curvature 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 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 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 Ultrasound Straight Probe
11.6.2 Ultrasound Angle Probe
11.6.3 Ultrasound Curvature 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 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 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 Ultrasound Straight Probe
12.6.2 Ultrasound Angle Probe
12.6.3 Ultrasound Curvature 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 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) 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 Ultrasound Straight Probe
13.6.2 Ultrasound Angle Probe
13.6.3 Ultrasound Curvature 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) 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 Ultrasonic Phased Array Probe Market: Competitive Dashboard
14.2 Global Ultrasonic Phased Array Probe 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 GE
14.3.12 SonoScape
