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Ultrasound Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global ultrasound devices market size reached US$ 8.36 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.74 Billion by 2027, exhibiting a growth rate (CAGR) of 5.65% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

An ultrasound scan, also known as sonography, is a medical examination recording real-time images of the interior of the body using high-frequency sound waves. It helps medical professionals diagnose problems of the bladder, eyes, gallbladder, kidneys, liver, ovaries, pancreas, spleen, thyroid, testicles, uterus, and blood vessels without incision. It also assists in viewing a developing fetus during pregnancy as ultrasound does not rely on radiation as compared to other imaging techniques. Besides this, it is used to guide a needle for biopsy or tumor treatment, examine a breast lump, check the thyroid gland, find genital and prostate problems, and evaluate metabolic bone diseases.

Ultrasound Devices Market Trends:

At present, there is a rise in the adoption of ultrasound devices for diagnostic imaging and treatment across the globe. This, along with the growing prevalence of chronic and lifestyle disorders among the masses, represents one of the key factors driving the market. In addition, the escalating demand for minimally invasive surgery due to less pain, a shorter hospital stay, and fewer complications are contributing to the growth of the market. Besides this, the integration of artificial intelligence (Al) in ultrasound devices to automate time-consuming processes, such as quantification and selecting the best image slice from a 3D dataset, is positively influencing the market. Moreover, the increasing application of ultrasound devices in 3D imaging, shear wave elastography, development of wireless transducers, app-based ultrasound technology, fusion with CT/MR, and laparoscopic ultrasound is propelling the growth of the market. Apart from this, there is an increase in the demand for handheld ultrasound devices to treat critical care patients in crowded hospitals due to their speed, portability, and ease of use. This, along with the burgeoning healthcare industry, is bolstering the growth of the market around the world.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global ultrasound devices market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, device display type, device portability, application and end use.

Breakup by Product Type:

  • Diagnostic Ultrasound Systems
    • 2D Imaging Systems
    • 3D and 4D Imaging Systems
    • Doppler Imaging
  • Therapeutic Ultrasound Systems
    • High-Intensity Focused Ultrasound (HIFU)
    • Extracorporeal Shockwave Lithotripsy (ESWL)
       

Breakup by Device Display Type:

  • Color Ultrasound Devices
  • Black and White (B/W) Ultrasound Devices
     

Breakup by Device Portability:

  • Trolley/Cart-Based Ultrasound Devices
  • Compact/Handheld Ultrasound Devices
     

Breakup by Application:

  • Radiology/General Imaging
  • Obstetrics/Gynecology
  • Cardiology
  • Urology
  • Vascular
  • Others
     

Breakup by End Use:

  • Hospitals
  • Imaging Centers
  • Research Centers
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Canon Medical Systems Corporation (Canon Inc.), CHISON Medical Technologies Co. Ltd., Esaote SpA, Fujifilm Holdings Corporation, General Electric Company, Hologic Inc., Konica Minolta Inc., Koninklijke Philips N.V., Samsung Medison Co. Ltd. (Samsung Electronics Co. Ltd.), Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Siemens Healthcare GmbH (Siemens AG) and Trivitron Healthcare.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Device Display Type, Device Portability, Application, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Canon Medical Systems Corporation (Canon Inc.), CHISON Medical Technologies Co. Ltd., Esaote SpA, Fujifilm Holdings Corporation, General Electric Company, Hologic Inc., Konica Minolta Inc., Koninklijke Philips N.V., Samsung Medison Co. Ltd. (Samsung Electronics Co. Ltd.), Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Siemens Healthcare GmbH (Siemens AG) and Trivitron Healthcare.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Ultrasound Devices Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Diagnostic Ultrasound Systems
        6.1.1 Market Trends
        6.1.2 Key Segments
           6.1.2.1 2D Imaging Systems
           6.1.2.2 3D and 4D Imaging Systems
           6.1.2.3 Doppler Imaging
        6.1.3 Market Forecast
    6.2    Therapeutic Ultrasound Systems
        6.2.1 Market Trends
        6.2.2 Key Segments
           6.2.2.1 High-Intensity Focused Ultrasound (HIFU)
           6.2.2.2 Extracorporeal Shockwave Lithotripsy (ESWL)
        6.2.3 Market Forecast
7    Market Breakup by Device Display Type
    7.1    Color Ultrasound Devices
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Black and White (B/W) Ultrasound Devices
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Device Portability
    8.1    Trolley/Cart-Based Ultrasound Devices
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Compact/Handheld Ultrasound Devices
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Application
    9.1    Radiology/General Imaging
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Obstetrics/Gynecology
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Cardiology
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Urology
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Vascular
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Others 
        9.6.1 Market Trends
        9.6.2 Market Forecast
10    Market Breakup by End Use
    10.1    Hospitals
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Imaging Centers
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Research Centers
        10.3.1 Market Trends
        10.3.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia-Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis

    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Canon Medical Systems Corporation (Canon Inc.)
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
           16.3.1.3 SWOT Analysis
        16.3.2    CHISON Medical Technologies Co. Ltd.
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
           16.3.2.3 Financials
        16.3.3    Esaote SpA
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio
        16.3.4    Fujifilm Holdings Corporation
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio
           16.3.4.3 Financials
           16.3.4.4 SWOT Analysis
        16.3.5    General Electric Company
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio
           16.3.5.3 Financials
           16.3.5.4 SWOT Analysis
        16.3.6    Hologic Inc.
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
           16.3.6.3 Financials
           16.3.6.4 SWOT Analysis
        16.3.7    Konica Minolta Inc.
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8    Koninklijke Philips N.V.
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    Samsung Medison Co. Ltd. (Samsung Electronics Co. Ltd.)
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
        16.3.10    Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio
           16.3.10.3 Financials
           16.3.10.4 SWOT Analysis
        16.3.11    Siemens Healthcare GmbH (Siemens AG)
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio
           16.3.11.3 Financials
           16.3.11.4 SWOT Analysis
        16.3.12    Trivitron Healthcare
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Ultrasound Devices Market: Major Drivers and Challenges
Figure 2: Global: Ultrasound Devices Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Ultrasound Devices Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Ultrasound Devices Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Ultrasound Devices Market: Breakup by Device Display Type (in %), 2021
Figure 6: Global: Ultrasound Devices Market: Breakup by Device Portability (in %), 2021
Figure 7: Global: Ultrasound Devices Market: Breakup by Application (in %), 2021
Figure 8: Global: Ultrasound Devices Market: Breakup by End Use (in %), 2021
Figure 9: Global: Ultrasound Devices Market: Breakup by Region (in %), 2021
Figure 10: Global: Ultrasound Devices (Diagnostic Ultrasound Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Ultrasound Devices (Diagnostic Ultrasound Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Ultrasound Devices (Therapeutic Ultrasound Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Ultrasound Devices (Therapeutic Ultrasound Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Ultrasound Devices (Color Ultrasound Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Ultrasound Devices (Color Ultrasound Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Ultrasound Devices (Black and White (B/W) Ultrasound Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Ultrasound Devices (Black and White (B/W) Ultrasound Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Ultrasound Devices (Trolley/Cart-Based Ultrasound Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Ultrasound Devices (Trolley/Cart-Based Ultrasound Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Ultrasound Devices (Compact/Handheld Ultrasound Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Ultrasound Devices (Compact/Handheld Ultrasound Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Ultrasound Devices (Radiology/General Imaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Ultrasound Devices (Radiology/General Imaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Ultrasound Devices (Obstetrics/Gynecology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Ultrasound Devices (Obstetrics/Gynecology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Ultrasound Devices (Cardiology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Ultrasound Devices (Cardiology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Ultrasound Devices (Urology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Ultrasound Devices (Urology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Ultrasound Devices (Vascular) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Ultrasound Devices (Vascular) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Ultrasound Devices (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Ultrasound Devices (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Ultrasound Devices (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Ultrasound Devices (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Ultrasound Devices (Imaging Centers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Ultrasound Devices (Imaging Centers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Ultrasound Devices (Research Centers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Ultrasound Devices (Research Centers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: North America: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: North America: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: United States: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: United States: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Canada: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Canada: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Asia-Pacific: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Asia-Pacific: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: China: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: China: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Japan: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Japan: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: India: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: India: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: South Korea: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: South Korea: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Australia: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Australia: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Indonesia: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Indonesia: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Europe: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Europe: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Germany: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Germany: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: France: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: France: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: United Kingdom: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: United Kingdom: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Italy: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Italy: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Spain: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Spain: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Russia: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Russia: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Latin America: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Latin America: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Brazil: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Brazil: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Mexico: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Mexico: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Others: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Others: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Middle East and Africa: Ultrasound Devices Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Middle East and Africa: Ultrasound Devices Market: Breakup by Country (in %), 2021
Figure 88: Middle East and Africa: Ultrasound Devices Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Global: Ultrasound Devices Industry: SWOT Analysis
Figure 90: Global: Ultrasound Devices Industry: Value Chain Analysis
Figure 91: Global: Ultrasound Devices Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Ultrasound Devices Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Ultrasound Devices Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Ultrasound Devices Market Forecast: Breakup by Device Display Type (in Million US$), 2022-2027
Table 4: Global: Ultrasound Devices Market Forecast: Breakup by Device Portability (in Million US$), 2022-2027
Table 5: Global: Ultrasound Devices Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Ultrasound Devices Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 7: Global: Ultrasound Devices Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Ultrasound Devices Market: Competitive Structure
Table 9: Global: Ultrasound Devices Market: Key Players


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Key Questions Answered in This Report

The global ultrasound devices market was valued at US$ 8.36 Billion in 2021.

We expect the global ultrasound devices market to exhibit a CAGR of 5.65% during 2022-2027.

The sudden outbreak of the COVID-19 pandemic had led to the postponement of numerous elective treatments and diagnostic imaging of kidneys, liver, ovaries, etc., related ailments for reducing the risk of the coronavirus infection upon hospital visits, thereby negatively impacting the global market for ultrasound devices. 

 

The rising integration of Al in ultrasound devices to automate time-consuming processes, such as quantification and selecting the best image slice from a 3D dataset, is primarily driving the global ultrasound devices market.

Based on the product type, the global ultrasound devices market can be segmented into diagnostic ultrasound systems and therapeutic ultrasound systems. Currently, diagnostic ultrasound systems hold the majority of the total market share.

Based on the device display type, the global ultrasound devices market has been divided into color ultrasound devices and Black and White (B/W) ultrasound devices, where color ultrasound devices currently exhibit a clear dominance in the market.

 

Based on the device portability, the global ultrasound devices market can be categorized into trolley/cart-based ultrasound devices and compact/handheld ultrasound devices. Currently, trolley/cart-based ultrasound devices account for the majority of the global market share.

Based on the application, the global ultrasound devices market has been segregated into radiology/general imaging, obstetrics/gynecology, cardiology, urology, vascular, and others. Among these, radiology/general imaging currently holds the largest market share.

Based on the end use, the global ultrasound devices market can be bifurcated into hospitals, imaging centers, and research centers. Currently, hospitals exhibit a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global ultrasound devices market include Canon Medical Systems Corporation (Canon Inc.), CHISON Medical Technologies Co. Ltd., EsaoteSpA, Fujifilm Holdings Corporation, General Electric Company, Hologic Inc., Konica Minolta Inc., Koninklijke Philips N.V., Samsung Medison Co. Ltd. (Samsung Electronics Co. Ltd.), Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Siemens Healthcare GmbH (Siemens AG), and Trivitron Healthcare.

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