Market Overview:
Ultrasound imaging is a medical diagnostic technique that uses high-frequency sound waves to create images of the inside of the body. Ultrasound imaging is used to visualize muscles, tendons, organs, and other structures in the body. Ultrasound imaging is also used to guide procedures such as needle biopsies and fluid aspiration. The global ultrasound imaging system market was valued at US$ 5,362.8 million in 2017 and is expected to reach US$ 10,711.5 million by 2030 at a CAGR of 7.5%.
Product Definition:
The ultrasound imaging system is a device that uses sound waves to produce images of the inside of the body. Ultrasound is used to diagnose and treat a variety of medical conditions in both adults and children.
Ophthalmic Ultrasound Imaging System:
Ophthalmic ultrasound imaging system is a noninvasive medical device used for the visualization of retinal and choroidal structures in patients suffering from glaucoma, cataract, or other ocular disorders. The ultrasonic waves are applied to the surface of eyes and then captured by digital cameras which convert these images into electronic format. These images are further transmitted to a monitor where they can be reviewed by physicians during surgery or diagnosis.
Sinus Ultrasound Imaging System:
The sinus ultrasound imaging system is a diagnostic device used to evaluate the structure of the nasal cavity and its parts. It helps in identifying problems such as blockage, infection, bleeding & swelling of brain and other related tissues located in the nose. The ultrasonic technology used by this equipment is very effective for soft tissue so that it can help reach areas which are not accessible through normal ultrasound imaging techniques.
Application Insights:
Based on application, the market is segmented into hospitals, clinics, and others. The hospitals segment dominated the overall market in terms of revenue in 2017. This high share is attributable to a large number of applications covered under this category such as abdominal ultrasound imaging for identifying kidney stones or urinary tract infections among women; cardiac ultrasound imaging for diagnosing heart diseases such as arrhythmia and stroke; musculoskeletal ultrasound imaging for detecting bone cancer or muscle injuries among adults; and foetal heartbeat screening among pregnant women.
The other applications include commercial/private clinics that provide diagnostic services at a lower cost than conventional healthcare providers. Ultrasound systems used under these settings are more affordable compared to those used at hospitals due to lesser rental costs involved with operating these devices.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing demand for technologically advanced medical devices, presence of well-established healthcare infrastructure, and high adoption rate of innovative products. Moreover, growing target population base with associated rise in the number of hospitals and clinics is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population base that requires long-term care as well as increasing government initiatives for creating awareness regarding early diagnosis and treatment options for various diseases. In addition, improving healthcare facilities at a local level coupled with an increase in disposable income will boost demand further over the next eight years (from 2018 to 2030). However, stringent regulatory guidelines pertaining health safety may hinder progress at times; however this factor should not be taken into consideration while analyzing individual company’s performance.
Growth Factors:
- Increasing demand for minimally invasive surgeries: Ultrasound imaging systems are increasingly being used for minimally invasive surgeries as they provide high-resolution images with little or no radiation exposure. This is driving the market growth.
- Growing geriatric population: The growing geriatric population is leading to an increase in the number of chronic diseases, which in turn is fueling the demand for ultrasound imaging systems.
- Technological advancements: The technological advancements in ultrasound imaging systems are resulting in improved image quality and accuracy, thus driving market growth.
- Rising healthcare expenditure: The increasing healthcare expenditure worldwide is propelling the demand for advanced medical devices such as ultrasound imaging systems, thereby boosting market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultrasound Imaging System Market Research Report
By Type
Ophthalmic Ultrasound Imaging System, Sinus Ultrasound Imaging System, Skin Ultrasound Imaging System
By Application
Hospitals, Clinics, Others
By Companies
GE Healthcare, Esaote, Philips, Siemens Healthineers, Hitachi Medical Systems, Canon Medical Systems, FUJIFILM SonoSite, Maxim Integrated, Canon Medical Systems, Olympus Medical, GE Healthcare, Ampronix, SIUI, TDK, Novosound, Accutome, DGH Technology, Ellex Medical, HAI Laboratories
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Ultrasound Imaging System Market Report Segments:
The global Ultrasound Imaging System market is segmented on the basis of:
Types
Ophthalmic Ultrasound Imaging System, Sinus Ultrasound Imaging System, Skin Ultrasound Imaging 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
Hospitals, Clinics, 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 Healthcare
- Esaote
- Philips
- Siemens Healthineers
- Hitachi Medical Systems
- Canon Medical Systems
- FUJIFILM SonoSite
- Maxim Integrated
- Canon Medical Systems
- Olympus Medical
- GE Healthcare
- Ampronix
- SIUI
- TDK
- Novosound
- Accutome
- DGH Technology
- Ellex Medical
- HAI Laboratories
Highlights of The Ultrasound Imaging 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:
- Ophthalmic Ultrasound Imaging System
- Sinus Ultrasound Imaging System
- Skin Ultrasound Imaging System
- By Application:
- Hospitals
- Clinics
- 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 Ultrasound Imaging 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Ultrasound imaging system is a medical technology that uses high-frequency sound waves to produce images of body structures. Ultrasound is often used to image the heart, brain, and other organs.
Some of the key players operating in the ultrasound imaging system market are GE Healthcare, Esaote, Philips, Siemens Healthineers, Hitachi Medical Systems, Canon Medical Systems, FUJIFILM SonoSite, Maxim Integrated, Canon Medical Systems, Olympus Medical, GE Healthcare, Ampronix, SIUI, TDK, Novosound, Accutome, DGH Technology, Ellex Medical, HAI Laboratories.
The ultrasound imaging system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultrasound Imaging 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 Ultrasound Imaging System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultrasound Imaging 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 Ultrasound Imaging 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 Ultrasound Imaging System Market Size & Forecast, 2018-2028
4.5.1 Ultrasound Imaging System Market Size and Y-o-Y Growth
4.5.2 Ultrasound Imaging System Market Absolute $ Opportunity
Chapter 5 Global Ultrasound Imaging System 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 Ultrasound Imaging System Market Size Forecast by Type
5.2.1 Ophthalmic Ultrasound Imaging System
5.2.2 Sinus Ultrasound Imaging System
5.2.3 Skin Ultrasound Imaging System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ultrasound Imaging System 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 Ultrasound Imaging System Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultrasound Imaging 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 Ultrasound Imaging 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 Ultrasound Imaging System Analysis and Forecast
9.1 Introduction
9.2 North America Ultrasound Imaging System 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 Ultrasound Imaging System Market Size Forecast by Type
9.6.1 Ophthalmic Ultrasound Imaging System
9.6.2 Sinus Ultrasound Imaging System
9.6.3 Skin Ultrasound Imaging 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 Ultrasound Imaging System Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
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 Ultrasound Imaging System Analysis and Forecast
10.1 Introduction
10.2 Europe Ultrasound Imaging System 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 Ultrasound Imaging System Market Size Forecast by Type
10.6.1 Ophthalmic Ultrasound Imaging System
10.6.2 Sinus Ultrasound Imaging System
10.6.3 Skin Ultrasound Imaging 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 Ultrasound Imaging System Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
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 Ultrasound Imaging System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ultrasound Imaging System 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 Ultrasound Imaging System Market Size Forecast by Type
11.6.1 Ophthalmic Ultrasound Imaging System
11.6.2 Sinus Ultrasound Imaging System
11.6.3 Skin Ultrasound Imaging 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 Ultrasound Imaging System Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
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 Ultrasound Imaging System Analysis and Forecast
12.1 Introduction
12.2 Latin America Ultrasound Imaging System 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 Ultrasound Imaging System Market Size Forecast by Type
12.6.1 Ophthalmic Ultrasound Imaging System
12.6.2 Sinus Ultrasound Imaging System
12.6.3 Skin Ultrasound Imaging 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 Ultrasound Imaging System Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
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) Ultrasound Imaging System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ultrasound Imaging System 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) Ultrasound Imaging System Market Size Forecast by Type
13.6.1 Ophthalmic Ultrasound Imaging System
13.6.2 Sinus Ultrasound Imaging System
13.6.3 Skin Ultrasound Imaging 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) Ultrasound Imaging System Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
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 Ultrasound Imaging System Market: Competitive Dashboard
14.2 Global Ultrasound Imaging System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Esaote
14.3.3 Philips
14.3.4 Siemens Healthineers
14.3.5 Hitachi Medical Systems
14.3.6 Canon Medical Systems
14.3.7 FUJIFILM SonoSite
14.3.8 Maxim Integrated
14.3.9 Canon Medical Systems
14.3.10 Olympus Medical
14.3.11 GE Healthcare
14.3.12 Ampronix
14.3.13 SIUI
14.3.14 TDK
14.3.15 Novosound
14.3.16 Accutome
14.3.17 DGH Technology
14.3.18 Ellex Medical
14.3.19 HAI Laboratories
