Market Overview:
Ultrasound measuring devices are used to measure the thickness, size and other physical properties of objects. These devices are classified into portable, fixed and other types on the basis of their usage. The global ultrasound measuring devices market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to factors such as rising demand for ultrasound measuring devices in automotive industry, industrial applications, medical industry and electronics industry. Additionally, growing demand for these devices from emerging economies is also contributing to the growth of this market.
Product Definition:
Ultrasound measuring devices are used to measure the thickness, size and other characteristics of objects using sound waves. They are often used in manufacturing and quality control to ensure that products meet certain specifications. Ultrasound measuring devices can be very precise and can help to improve the accuracy of manufacturing processes.
Portable:
Portable ultrasound measuring devices are used for the measurement of blood flow, tissue Doppler and elastography in various diagnostic procedures. The global portable ultrasound measuring device market is expected to grow at a lucrative rate during the forecast period. Key factors attributing to its rapid growth include increasing demand for non-invasive medical imaging techniques, rising geriatric population base and growing awareness about early diagnosis among consumers.
Fixed:
The fixed and it’s usage in ultrasound measuring devices market is expected to grow at a significant rate owing to the increasing demand for non-invasive medical imaging systems. The development of innovative ultrasound imaging techniques such as 3D and 4D has led to an increase in the number of applications of these devices, which is expected to drive growth over the forecast period.
Application Insights:
The medical industry accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. Ultrasound measuring devices are widely used in medical applications as they provide accurate measurement of volume, mass, and density. The increasing prevalence of chronic diseases such as cancer has led to an increased demand for advanced diagnostic equipment that helps determine the cause & extent of disease at an early stage. This factor is anticipated to fuel market growth during the forecast period.
The automotive industry segment is also expected to grow significantly over the next eight years owing to rising demand for automotive ultrasound systems that help detect engine problems such as blockage or leakage in oil supply & drainage system, air injection system, power steering fluid supply location etc., with high accuracy and precision. These factors are likely drive this application segment significantly during this period which will result into a positive outlook on market growth overall.
Regional Analysis:
North America dominated the global market in 2017. The presence of key players, favorable government policies and increasing healthcare spending are some of the major factors contributing to its growth. In addition, growing awareness regarding ultrasound devices and their applications is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to rising demand for technologically advanced medical equipment coupled with a large population base in this region. Moreover, economic development in countries such as India and China has led these nations being potential markets for innovative ultrasound measuring devices with improved performance characteristics at lower costs than those offered by Western manufacturers.
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 due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Ultrasound measuring devices are extensively used in minimally invasive surgeries for accurate measurement of surgical targets and real-time guidance of surgical instruments.
- Growing demand for ultrasound-guided interventions: Ultrasound-guided interventions are becoming increasingly popular due to their accuracy and safety profile. In particular, ultrasound has emerged as the modality of choice for guiding procedures in the brain, spine, and joints. As a result, the market for ultrasound measuring devices is expected to grow at a CAGR of 7% from 2016 to 2021.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultrasound Measuring Devices Market Research Report
By Type
Portable, Fixed, Other
By Application
Automotive Industry, Industrial Applications, Medical Industry, Electronics Industry, Other
By Companies
NIVUS GmbH, TROTEC GmbH, MIB GmbH, Beijing Beifen-Ruili Analytical instrument, MACEAS GmbH, VOGT Ultrasonics GmbH, Wess Global, Rifox-Hans Richter GmbH Spezialarmaturen, Elster GmbH, Zetec, NIVUS GmbH
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Ultrasound Measuring Devices Market Report Segments:
The global Ultrasound Measuring Devices market is segmented on the basis of:
Types
Portable, Fixed, Other
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
Automotive Industry, Industrial Applications, Medical Industry, Electronics Industry, 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:
- NIVUS GmbH
- TROTEC GmbH
- MIB GmbH
- Beijing Beifen-Ruili Analytical instrument
- MACEAS GmbH
- VOGT Ultrasonics GmbH
- Wess Global
- Rifox-Hans Richter GmbH Spezialarmaturen
- Elster GmbH
- Zetec
- NIVUS GmbH
Highlights of The Ultrasound Measuring Devices 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:
- Portable
- Fixed
- Other
- By Application:
- Automotive Industry
- Industrial Applications
- Medical Industry
- Electronics Industry
- 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 Ultrasound Measuring Devices 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
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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?
Ultrasound measuring devices are used to measure the size, shape, and other characteristics of objects.
Some of the major companies in the ultrasound measuring devices market are NIVUS GmbH, TROTEC GmbH, MIB GmbH, Beijing Beifen-Ruili Analytical instrument, MACEAS GmbH, VOGT Ultrasonics GmbH, Wess Global, Rifox-Hans Richter GmbH Spezialarmaturen, Elster GmbH, Zetec, NIVUS GmbH.
The ultrasound measuring devices 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 Ultrasound Measuring Devices 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 Measuring Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultrasound Measuring Devices 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 Measuring Devices 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 Measuring Devices Market Size & Forecast, 2018-2028
4.5.1 Ultrasound Measuring Devices Market Size and Y-o-Y Growth
4.5.2 Ultrasound Measuring Devices Market Absolute $ Opportunity
Chapter 5 Global Ultrasound Measuring Devices 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 Measuring Devices Market Size Forecast by Type
5.2.1 Portable
5.2.2 Fixed
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ultrasound Measuring Devices 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 Measuring Devices Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Industrial Applications
6.2.3 Medical Industry
6.2.4 Electronics Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultrasound Measuring Devices 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 Measuring Devices 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 Measuring Devices Analysis and Forecast
9.1 Introduction
9.2 North America Ultrasound Measuring Devices 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 Measuring Devices Market Size Forecast by Type
9.6.1 Portable
9.6.2 Fixed
9.6.3 Other
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 Measuring Devices Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Industrial Applications
9.10.3 Medical Industry
9.10.4 Electronics Industry
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 Ultrasound Measuring Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Ultrasound Measuring Devices 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 Measuring Devices Market Size Forecast by Type
10.6.1 Portable
10.6.2 Fixed
10.6.3 Other
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 Measuring Devices Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Industrial Applications
10.10.3 Medical Industry
10.10.4 Electronics Industry
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 Ultrasound Measuring Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ultrasound Measuring Devices 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 Measuring Devices Market Size Forecast by Type
11.6.1 Portable
11.6.2 Fixed
11.6.3 Other
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 Measuring Devices Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Industrial Applications
11.10.3 Medical Industry
11.10.4 Electronics Industry
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 Ultrasound Measuring Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Ultrasound Measuring Devices 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 Measuring Devices Market Size Forecast by Type
12.6.1 Portable
12.6.2 Fixed
12.6.3 Other
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 Measuring Devices Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Industrial Applications
12.10.3 Medical Industry
12.10.4 Electronics Industry
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) Ultrasound Measuring Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ultrasound Measuring Devices 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 Measuring Devices Market Size Forecast by Type
13.6.1 Portable
13.6.2 Fixed
13.6.3 Other
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 Measuring Devices Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Industrial Applications
13.10.3 Medical Industry
13.10.4 Electronics Industry
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 Ultrasound Measuring Devices Market: Competitive Dashboard
14.2 Global Ultrasound Measuring Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NIVUS GmbH
14.3.2 TROTEC GmbH
14.3.3 MIB GmbH
14.3.4 Beijing Beifen-Ruili Analytical instrument
14.3.5 MACEAS GmbH
14.3.6 VOGT Ultrasonics GmbH
14.3.7 Wess Global
14.3.8 Rifox-Hans Richter GmbH Spezialarmaturen
14.3.9 Elster GmbH
14.3.10 Zetec
14.3.11 NIVUS GmbH
