Market Overview:
Ultrasound phased array probe market is expected to register a CAGR of 5.8% during the forecast period 2018-2030. The ultrasound phased array probe market is segmented on the basis of type, application and region. On the basis of type, the ultrasound phased array probe market is segmented into Ultrasound Straight Probe, Ultrasound Angle Probe and Ultrasound Curvature Probe. On the basis of application, the ultrasound phased array probe market is segmented into Ophthalmology, Cardiology, Abdomen, Uterus and Other applications. The North America region dominates the global ultrasound phased array probe market in terms of revenue share followed by Europe and Asia Pacific regions respectively in 2017.
Product Definition:
An ultrasound phased array probe is a device that uses multiple transducers to produce an image of the inside of a body. The importance of this type of probe is that it can produce images with more detail than traditional ultrasound probes. This allows for more accurate diagnosis and treatment of medical conditions.
Ultrasound Straight Probe:
Ultrasound straight probe is a device used in ultrasound imaging to obtain images of internal body parts. It works on the basis of sound waves and electronic transducer. Ultrasound probes are available in different sizes, shapes and have different mechanisms to produce an ultrasonic image.
Ultrasound Angle Probe:
Ultrasound angle probe is a diagnostic device used to obtain the transverse image of targeted area. It works on the principle of ultrasonic energy emission from transducer and reflects off tissues to produce an ultrasound image. Ultrasound phased array probe is an advanced version of ultrasound angle probe which can be used in multiple positions for obtaining multiple images at different angles simultaneously.
Application Insights:
Based on application, the market is segmented into ophthalmology, cardiology, abdomen, uterus and other. The abdomen segment held the largest share in 2017 owing to increasing prevalence of diseases such as cancer and diabetes. Ultrasound phased array probes are used for imaging various parts of the body in ultrasound mode. Hence this probe is a preferred choice among hospitals for abdominal imaging due to its ability to provide high spatial resolution with minimal exposure time.
The use of these devices helps reduce radiation exposure by a large factor as compared to conventional linear probes used for cardiac or vascular applications owing to its ability to collect multiple data points from different angles simultaneously which results in lesser amount of radiation being delivered towards patient¢â‚¬â„¢s body tissues during cardiac procedures making it suitable for longer procedures duration without exposing patients too much harm or risk involved during procedure performance.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, favorable reimbursement policies, and increasing adoption of technologically advanced medical devices are some factors driving the regional growth. Moreover, North America is home to several major players such as GE Healthcare; Koninklijke Philips N.V.; Siemens Healthineers AG; and Abbott that manufacture high-quality phased array ultrasound probe with premium features at competitive prices thereby making it a preferred destination for medical device manufacturers as well as end users.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising disposable income coupled with growing awareness about early diagnosis in emerging countries such as China and India which will eventually drive demand for diagnostic imaging equipment including ultrasound phased array probe systems over the forecast period from 2018 to 2030 (See Graph 1).
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 advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Ultrasound phased array probes are widely used in minimally invasive surgeries as they offer high image quality and precision.
- Growing prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, heart disease, and diabetes is increasing rapidly due to changing lifestyles and aging populations. These diseases are often diagnosed at an early stage using ultrasound imaging techniques, which require high-quality ultrasound phased array probes for accurate diagnosis.
- Technological advancements in ultrasound technology: Ultrasound technology is constantly evolving with the development of new probe technologies such as 3D/4D scanning and elastography that offer improved image quality and accuracy compared to traditional 2D scanning techniques. This is driving the demand for advanced ultrasound phased array probes that can provide enhanced images for accurate diagnosis of chronic diseases..
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultrasound 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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Ultrasound Phased Array Probe Market Report Segments:
The global Ultrasound 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 Ultrasound 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 Ultrasound 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?
Ultrasound phased array probe is a type of medical imaging device that uses ultrasound waves to create images. This technology is often used to image the inside of the body, including organs and tissues. Ultrasound phased array probes are also used to diagnose medical conditions by detecting abnormalities in tissue.
Some of the key players operating in the ultrasound phased array probe market are GE, Philips, Siemens, SonoSite, Toshiba, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, GE, SonoScape.
The ultrasound phased array probe market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultrasound 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 Ultrasound Phased Array Probe Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultrasound 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 Ultrasound 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 Ultrasound Phased Array Probe Market Size & Forecast, 2020-2028
4.5.1 Ultrasound Phased Array Probe Market Size and Y-o-Y Growth
4.5.2 Ultrasound 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 Ultrasound 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 Ultrasound 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 Ultrasound Phased Array Probe Market: Competitive Dashboard
14.2 Global Ultrasound 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
