Ultrasound Devices Market Overview:
The global ultrasound devices market size is set to reach the valuation of USD 9,208.73 million by 2026, as per the latest report by Market Research Future (MRFR). The market can display 3.35% CAGR over the forecast period (2018-2026).
Segmentation Analysis:
The global ultrasound devices market is segmented by portability, display, application, technology, and end-user.
By portability, cart/trolley-based devices accounted for the largest market share in 2017 due to its utilization in acute and emergency care settings. The segment is likely to register strong CAGR during the forecast period expected to hold significant market share during the forecast period. Handheld/compact ultrasound devices accounted for the second largest share due to the rising adoption of these by healthcare professionals.
By display, color devices accounted for a largest market share in 2017 compared to its counterpart, black/white ultrasound devices. The former can touch a size of USD 7,509.12 million by 2026, while the latter is likely to show prominent growth by the end of the forecast period.
Browse Complete Report Details @ https://www.marketresearchfuture.com/reports/ultrasound-devices-market-2789
By application, radiology/general imaging is likely to register highest CAGR during the assessment and likely to dominate the market by 2026. It accounted for the largest market share in 2017 due to its vast medical applications. The rising geriatric populace and incidence of various cancers can spur the segment growth. On the other hand, cardiology is also showing significant growth by 2026.
By technology, diagnostic accounted for the largest market share in 2017 due to the use of 2D ultrasound in women’s health. It is likely to show CAGR over the assessment period and hold significant market share by 2026 due to the continuous advances in imaging and reimbursement schemes for these procedures. On the flip side, therapeutic ultrasound is expected to hold second position by 2026.
By end-user, hospitals and diagnostic & surgical centers dominated the ultrasound devices market in 2017 due to emergence of various hospital chains and rising number of minimally invasive diagnostic procedures by doctors. The segment can grow with strong CAGR and expected to hold first position in the market. Ambulatory care centers can exhibit the highest CAGR of 3.61% during the forecast period thanks to the facilities providing same-day care diagnostic and surgical procedures.
Competitive Analysis:
Major players in the ultrasound devices market include General Electric Company (U.S.),0020Trivitron Healthcare (India), Siemens Healthineers (Germany), Koniklijke Philips N.V. (The Netherlands), Fujifilm Holdings Corporation (Japan), Hitachi Ltd. (Japan), Samsung Electronics Co. Ltd. (South Korea), Analogic Corporation (U.S.), Shenzhen Mindray Bio-Medical Electronics Co. Ltd. (China), Esaote Spa (Italy), Fukuda Denshi (Japan), Canon Medical Systems Corporation (Japan), and Shantou Institute of Ultrasonic Instruments Co. Ltd. (China).
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
