Market Overview:
Ultrasonic equipment is extensively used for diagnostics and therapeutic purposes. Ultrasonic waves are sound waves with frequencies higher than the upper limit of human hearing. Ultrasound is a noninvasive diagnostic technique that uses high-frequency sound waves to create images of internal organs and tissues. It is also used to guide procedures, such as biopsies. Ultrasound imaging is widely used in both medical and veterinary applications.
Product Definition:
Ultrasonic Show-B Diagnostic Equipment is used to detect and diagnose medical conditions by projecting sound waves onto the body and measuring the returning echoes. This equipment is important because it can help identify medical conditions that may not be detectable through other means.
Continuous Wave Ultrasound Equipment:
Continuous Wave (C-W) ultrasound equipment is a type of diagnostic medical device that emits ultrasonic sound waves at a regular frequency. The C-W ultrasound system works on the basis of echocardiography, which is the process used to obtain images of internal organs through the use of ultrasonic frequencies. Ultrasound systems are widely used for in-vitro fertilization procedures and during pregnancy to view fetus and placenta.
Pulsed Wave Ultrasound Equipment:
Pulsed wave ultrasound equipment is used in ultrasonic show-b diagnostic equipment market. Ultrasound technology has been around for many years and has numerous applications. In recent times, it has become one of the most popular medical imaging technologies because of its various advantages such as portability, short treatment time, cost effectiveness and safety among others.
Application Insights:
Based on the application, the market is segmented into clinics, hospitals and other medical facilities. The clinics segment dominated the global market in 2017 owing to an increase in demand for non-invasive diagnostic procedures that are faster and easier than conventional methods. Ultrasound shows great potential as a fast, accurate and convenient tool for diagnosis of various diseases that can be used by primary healthcare providers or specialists without requiring any additional laboratory tests or equipment. This will help reduce healthcare costs as well as waiting time between consultation appointments.
The hospital segment is expected to grow at a lucrative rate over the forecast period due to increasing prevalence of chronic diseases such as cancer which requires regular checkups and monitoring throughout treatment periods so that appropriate decisions can be taken regarding patient care along with reducing Healthcare expenditure (Hospitals).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the increasing prevalence of cancer, rising number of surgical procedures, and growing adoption of technologically advanced products. Moreover, presence of key players such as GE Healthcare; Philips; Boston Scientific Corporation; Abbott Laboratories; and PerkinElmer Inc.; has contributed to regional growth. In addition, availability of skilled professionals is expected to drive demand for these systems in North America over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure and rising awareness about early diagnosis leading towards higher adoption rates for these systems in this region which will propel demand over next eight years till 2030 time frame. Furthermore, booming medical tourism industry due high quality healthcare services offered at affordable costs by countries such as India & China are expected boost demand further driving regional growth during forecast period till 2030 time frame).
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 such as shorter hospital stays, reduced pain and blood loss, and faster recovery times as compared to traditional open surgery. Ultrasonic show-B diagnostic equipment finds extensive use in minimally invasive surgeries owing to its ability to provide high-resolution images of tissues and organs without causing any damage.
- Growing prevalence of cancer: According to the World Health Organization (WHO), cancer is one of the leading causes of death worldwide, accounting for 8 million deaths in 2012 alone. The incidence of cancer is rising rapidly due to factors such as aging population, changing lifestyles, and increasing exposure to carcinogens. Ultrasonic show-B diagnostic equipment plays an important role in diagnosing various types of cancers at an early stage when they are most treatable.
- Technological advancements: The ultrasonic show-B diagnostic equipment market has been witnessing rapid technological advancements in recent years with the advent of new products such as 3D ultrasound systems and portable ultrasound devices that offer enhanced performance and features compared with older models . This has led hospitals and clinics adopt these newer technologies which are likely spur growth in this market over the next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultrasonic Show-B Diagnostic Equipment Market Research Report
By Type
Continuous Wave Ultrasound Equipment, Pulsed Wave Ultrasound Equipment
By Application
Clinics, Hospitals, Others
By Companies
GE, Siemens Healthineers, Philips Healthineers, Canon Medical Systems, FUJIFILM SonoSite, Hitachi Medical Systems, ALPINION MEDICAL SYSTEMS, Samsung Medison, Abbott, Boston Scientific, Konica Minolta
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Ultrasonic Show-B Diagnostic Equipment Market Report Segments:
The global Ultrasonic Show-B Diagnostic Equipment market is segmented on the basis of:
Types
Continuous Wave Ultrasound Equipment, Pulsed Wave Ultrasound Equipment
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
Clinics, Hospitals, Others
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
- Siemens Healthineers
- Philips Healthineers
- Canon Medical Systems
- FUJIFILM SonoSite
- Hitachi Medical Systems
- ALPINION MEDICAL SYSTEMS
- Samsung Medison
- Abbott
- Boston Scientific
- Konica Minolta
Highlights of The Ultrasonic Show-B Diagnostic Equipment 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:
- Continuous Wave Ultrasound Equipment
- Pulsed Wave Ultrasound Equipment
- By Application:
- Clinics
- Hospitals
- Others
- 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 Show-B Diagnostic Equipment 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?
Ultrasonic show-B diagnostic equipment is a type of medical equipment that uses high frequency sound waves to produce images of body structures. These images can be used to diagnose medical conditions, such as tumors or cysts.
Some of the major companies in the ultrasonic show-b diagnostic equipment market are GE, Siemens Healthineers, Philips Healthineers, Canon Medical Systems, FUJIFILM SonoSite, Hitachi Medical Systems, ALPINION MEDICAL SYSTEMS, Samsung Medison, Abbott, Boston Scientific, Konica Minolta.
The ultrasonic show-b diagnostic equipment 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 Ultrasonic Show-B Diagnostic Equipment 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 Show-B Diagnostic Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultrasonic Show-B Diagnostic Equipment 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 Show-B Diagnostic Equipment 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 Show-B Diagnostic Equipment Market Size & Forecast, 2020-2028
4.5.1 Ultrasonic Show-B Diagnostic Equipment Market Size and Y-o-Y Growth
4.5.2 Ultrasonic Show-B Diagnostic Equipment 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 Continuous Wave Ultrasound Equipment
5.2.2 Pulsed Wave Ultrasound Equipment
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 Clinics
6.2.2 Hospitals
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultrasonic Show-B Diagnostic Equipment 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 Show-B Diagnostic Equipment 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 Continuous Wave Ultrasound Equipment
9.6.2 Pulsed Wave Ultrasound Equipment
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 Clinics
9.10.2 Hospitals
9.10.3 Others
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 Continuous Wave Ultrasound Equipment
10.6.2 Pulsed Wave Ultrasound Equipment
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 Clinics
10.10.2 Hospitals
10.10.3 Others
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 Continuous Wave Ultrasound Equipment
11.6.2 Pulsed Wave Ultrasound Equipment
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 Clinics
11.10.2 Hospitals
11.10.3 Others
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 Continuous Wave Ultrasound Equipment
12.6.2 Pulsed Wave Ultrasound Equipment
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 Clinics
12.10.2 Hospitals
12.10.3 Others
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 Continuous Wave Ultrasound Equipment
13.6.2 Pulsed Wave Ultrasound Equipment
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 Clinics
13.10.2 Hospitals
13.10.3 Others
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 Show-B Diagnostic Equipment Market: Competitive Dashboard
14.2 Global Ultrasonic Show-B Diagnostic Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Siemens Healthineers
14.3.3 Philips Healthineers
14.3.4 Canon Medical Systems
14.3.5 FUJIFILM SonoSite
14.3.6 Hitachi Medical Systems
14.3.7 ALPINION MEDICAL SYSTEMS
14.3.8 Samsung Medison
14.3.9 Abbott
14.3.10 Boston Scientific
14.3.11 Konica Minolta
