Market Overview:
Ultrasound probe is a device that is used to emit ultrasound waves and detect their reflections from tissues. Ultrasound probes are available in different types such as linear type, convex type, phased array type, endocavitary type and others. The global ultrasound probe market was valued at US$ 2,362.8 Mn in 2017 and is projected to reach US$ 4,711.5 Mn by 2030 at a CAGR of 7.4%. The global ultrasound probe market has been segmented on the basis of type into linear type, convex type, phased arraytype and endocavitarytype. The lineartype segment accounted for the largest share of the global ultrasound probe market in 2017 owing to its high usagein ophthalmologyand cardiology applications.
Product Definition:
Ultrasound Probe (Medical) is a device that is used to emit sound waves into the body in order to create an image of the internal organs. This device is important because it can help doctors diagnose medical conditions and determine the best course of treatment.
Linear Type:
Linear type is a device that emits an electromagnetic wave and monitors the reflected wave. It can be used for imaging as well as diagnostic purposes. The ultrasound probe linear type market is driven by factors such as increasing demand for non-invasive medical imaging techniques, technological advancements in this field, rising prevalence of chronic diseases leading to increased demand for early diagnosis and growing awareness about these devices among consumers.
Convex Type:
Convex type is a method used to represent the surface of any object in three dimensions by using a series of concentric circles. The shape of these curves is determined based on the nature of data being displayed. In medical imaging, it is used for visualization and detection purposes. Convex probe (medical) market includes products like convex mirrors, convex lenses, etc., which are used for real-time viewing & scanning during medical procedures like ultrasound imaging or endoscopy.
Application Insights:
Based on application, the market is segmented into ophthalmology, cardiology, abdomen/pelvic/gynology, and others. The abdomen segment held the largest share in 2017 owing to increasing prevalence of diseases such as cancer and diabetes. Ultrasound probes are used for diagnostic purposes in various medical fields such as cardiology (coronary artery disease), gynecology (ovarian cyst), urology (kidney stone) and other disorders of abdominal organs.
The use of ultrasound helps detect conditions associated with arteries including atherosclerosis or hardening of arteries due to plaque formation or build-up on the walls of blood vessels which may eventually lead to a heart attack or stroke. It also helps measure blood flow through major coronary arteries during an exercise test which can be used as a basis for calculating risk factors related to heart attacks using formulas known as Framingham equations after Dr.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high adoption rate of advanced technology and devices, and increasing demand for minimally invasive procedures. Moreover, growing prevalence of chronic diseases such as cardiac disorders, cancer, & others is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due to rising geriatric population base with associated cardiac problems. In addition, improving healthcare facilities in emerging countries such as China & India are expected favorably impact regional growth over next eight years.
Europe was estimated at USD X million in 2017.
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 probes are an essential part of minimally invasive surgeries and are used for various purposes such as guidance during the procedure, tissue characterization, and image-guided biopsies or ablations.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease, and diabetes is on the rise globally due to changing lifestyles and increasing aging populations. These diseases are often accompanied by secondary conditions that require frequent monitoring and treatment interventions using ultrasound probes. For instance, cancer can cause fluid accumulation in the lungs (known as pulmonary edema), which can be monitored using ultrasound imaging techniques.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultrasound Probe (Medical) Market Research Report
By Type
Linear Type, Convex Type, Phased Array Type, Endocavitary Type, Others
By Application
Ophthalmology, Cardiology, Abdomen, Uterus, Other
By Companies
GE, Philips, Siemens, SonoSite, Toshiba, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, Shenzhen Ruqi, SonoScape, Jiarui
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Ultrasound Probe (Medical) Market Report Segments:
The global Ultrasound Probe (Medical) market is segmented on the basis of:
Types
Linear Type, Convex Type, Phased Array Type, Endocavitary Type, Others
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
- Shenzhen Ruqi
- SonoScape
- Jiarui
Highlights of The Ultrasound Probe (Medical) 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:
- Linear Type
- Convex Type
- Phased Array Type
- Endocavitary Type
- Others
- 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 Probe (Medical) 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 ultrasound probe is a medical device that uses sound waves to image the body. Ultrasound probes are used to diagnose and treat medical conditions such as cancer, heart disease, and pregnancy.
Some of the major players in the ultrasound probe (medical) market are GE, Philips, Siemens, SonoSite, Toshiba, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, Shenzhen Ruqi, SonoScape, Jiarui.
The ultrasound probe ¯¼ë†medical) market is expected to grow at a compound annual growth rate of 7.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultrasound Probe (Medical) 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 Probe (Medical) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Ultrasound Probe (Medical) 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 Probe (Medical) 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 Probe (Medical) Market Size & Forecast, 2018-2028 4.5.1 Ultrasound Probe (Medical) Market Size and Y-o-Y Growth 4.5.2 Ultrasound Probe (Medical) Market Absolute $ Opportunity
Chapter 5 Global Ultrasound Probe (Medical) 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 Probe (Medical) Market Size Forecast by Type
5.2.1 Linear Type
5.2.2 Convex Type
5.2.3 Phased Array Type
5.2.4 Endocavitary Type
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ultrasound Probe (Medical) 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 Probe (Medical) 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 Probe (Medical) 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 Probe (Medical) 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 Probe (Medical) Analysis and Forecast
9.1 Introduction
9.2 North America Ultrasound Probe (Medical) 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 Probe (Medical) Market Size Forecast by Type
9.6.1 Linear Type
9.6.2 Convex Type
9.6.3 Phased Array Type
9.6.4 Endocavitary Type
9.6.5 Others
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 Probe (Medical) 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 Ultrasound Probe (Medical) Analysis and Forecast
10.1 Introduction
10.2 Europe Ultrasound Probe (Medical) 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 Probe (Medical) Market Size Forecast by Type
10.6.1 Linear Type
10.6.2 Convex Type
10.6.3 Phased Array Type
10.6.4 Endocavitary Type
10.6.5 Others
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 Probe (Medical) 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 Ultrasound Probe (Medical) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ultrasound Probe (Medical) 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 Probe (Medical) Market Size Forecast by Type
11.6.1 Linear Type
11.6.2 Convex Type
11.6.3 Phased Array Type
11.6.4 Endocavitary Type
11.6.5 Others
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 Probe (Medical) 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 Ultrasound Probe (Medical) Analysis and Forecast
12.1 Introduction
12.2 Latin America Ultrasound Probe (Medical) 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 Probe (Medical) Market Size Forecast by Type
12.6.1 Linear Type
12.6.2 Convex Type
12.6.3 Phased Array Type
12.6.4 Endocavitary Type
12.6.5 Others
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 Probe (Medical) 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) Ultrasound Probe (Medical) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ultrasound Probe (Medical) 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 Probe (Medical) Market Size Forecast by Type
13.6.1 Linear Type
13.6.2 Convex Type
13.6.3 Phased Array Type
13.6.4 Endocavitary Type
13.6.5 Others
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 Probe (Medical) 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 Probe (Medical) Market: Competitive Dashboard
14.2 Global Ultrasound Probe (Medical) 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 Shenzhen Ruqi
14.3.12 SonoScape
14.3.13 Jiarui