Ultrasound Devices and Accessories Industry Data Book - Ultrasound Device, Ultrasound Transducer and Ultrasound Gels Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030
Grand View Research’s Ultrasound devices and accessories industry databook is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
Access the Global Ultrasound Devices and Accessories Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.
Ultrasound Device Market Report Highlights
The global Ultrasound Device Market size was valued at USD 10.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.3% from 2023 to 2030.
- In terms of product, the diagnostic ultrasound devices segment held the largest revenue share of more than 84.37% in 2022 owing to the rising demand for improved diagnostic devices such as miniaturized 2D and 3D/4D
- The therapeutic ultrasound devices product segment is expected to grow at a significant rate during the forecast period
- Based on portability, the cart/trolley-based devices segment held the largest revenue share of over 67.83% in 2022. By transporting the device to the patient's location, whether it's an Intensive Care Unit (ICU) or an emergency department, cart/trolley ultrasounds completely avoid the issue of transferring critical patients
- In terms of application, the radiology segment held the largest revenue share of more than 22.31% in 2022. The increasing application of artificial intelligence in the field of radiology boosts the segment growth. Moreover, the growing mergers and acquisitions among the industry's key players for expanding the product portfolio drive the market growth
- In terms of end-use, the hospitals end-use segment held the largest revenue share of 40.37% in 2022 and is further expected to maintain its lead over the forecast period owing to the extensive use of ultrasound devices in hospital settings and an increase in the number of patients visiting hospitals with various lifestyle-related disorders
- Based on region, North America held the largest revenue share of 30.04% in 2022. Asia Pacific is anticipated to expand at the fastest CAGR over the forecast period owing to the increased demand for better imaging devices
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Ultrasound Gels Market Report Highlights
The global Ultrasound Gels Market size was valued at USD 101.5 million in 2022 and is expected to grow at compound annual growth rate (CAGR) of 2.6% from 2023 to 2030.
- The non-sterile segment held the largest revenue share of 70.6% in 2022 and are expected to grow at a healthy CAGR over the forecast period
- The sterile segment is expected to experience the fastest growth rate during the forecast period
- The hospitals segment held the largest market share owing to its large patient pool, strict adherence to medical imaging protocols, and availability of advanced technology
- Ambulatory centers and clinics are anticipated to grow at the speediest rate during the forecast period
- North America dominated the market and accounted for the largest revenue share of 39.2% in 2022
- The increasing acceptance of sonography at community level clinics and home healthcare will drive the market growth in the region
- Asia Pacific is expected to be the fastest-growing region over the forecast period due to large unmet needs, increasing healthcare expenditure, and presence of several small-scale domestic manufacturers.
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Competitive Landscape
The major players are working to improve their product offerings by upgrading their products, taking advantage of important cooperation activities, and exploring acquisitions and government clearances in order to expand their customer base and gain a larger share of the overall market.
Key players operating in the Ultrasound Devices and Accessories Industry are:
- Koninklijke Philips N.V.
- GE Healthcare
- Siemens Healthineers AG
- Canon Medical Systems
- Mindray Medical International Limited
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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