The global Ultrasound Market is expected to reach USD 9453.8 Million in 2028 and register a steady revenue CAGR of 5.40% over the forecast period, according to latest report published by Reports and Data. Key factors driving global market revenue growth are rapid advancements in ultrasound systems, increasing adoption of highly efficient imaging devices, and higher prevalence of chronic and infectious diseases.

Ultrasound, also called sonography is a medical imaging technique that uses sound waves to create images of the internal body parts and helps healthcare experts and physicians to detect and treat various diseases related to heart, thyroid glands, bones, liver, and ovaries. Sonography is widely used for examining developing fetuses, evaluating blood flow, examining breast lumps, and detecting metabolic bone diseases or genital and prostate problems. Factors such as increasing investments in research development activities, rising funding from public and private sectors, and high demand for minimally invasive diagnostics are fueling global market growth. In addition, increasing focus on developing enhanced ultrasound techniques and higher inclination towards remote patient monitoring and home healthcare settings are expected to fuel overall market growth in the near future. 

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Some key highlights from the report:

• Based on product, diagnostic segment is expected to account for the largest revenue share over the forecast period. This growth can be attributed to factors such as higher prevalence of various chronic conditions, increasing usage of 2D ultrasound devices, and growing adoption of 3D and 4D technology in many hospitals and ambulatory care centers. 
• Among portability types, trolley/cart segment is expected to register a robust revenue CAGR between 2021 and 2028, owing to increasing preference for ambulatory care services, easy portability of ultrasound machines, and growing hospital and acute care emergencies.  
• Based on end-use, hospital, diagnostic centers, and surgical centers segment is expected to account for the largest revenue share between 2021 and 2028. This growth is attributed to increasing healthcare infrastructure, rising number of patient admissions, and higher adoption of minimally invasive procedures. 
• Based on application, obstetrics/gynecology segment is expected to register a robust revenue CAGR during the forecast period. Factors such as rising number of pregnant women globally, increasing cases of female health issues, and introduction of novel and highly effective imaging products are expected to propel growth. 
• North America is expected to account for the largest revenue share over the forecast period, owing to presence of many key players, increasing prevalence of chronic diseases, availability of advanced ultrasound devices, presence of well-developed healthcare infrastructure, higher adoption of advanced diagnostic equipment, and rising investments for developing enhanced imaging devices. 
• Asia Pacific is expected to register a robust revenue CAGR between 2021 and 2028, owing to factors such as increasing investments in research projects, presence of low-cost equipment manufacturers, improving healthcare infrastructure, high geriatric population, and rising demand for minimally invasive processes. In addition, increasing adoption of 3D and 4D imaging systems, rising per capita income, and higher funding from private and public organizations would propel growth in this region. 

Key Players covered in this report are:

GE Healthcare, Koninklijke Philips N.V., Canon Medical Systems Corporation, Siemens Healthineers AG, Hitachi, Ltd., Samsung Electronics, Ltd., FUJIFILM Holdings Corporation, Esaote S.p.A., Mindray Medical International Ltd., Shimadzu Corporation, Analogic Corporation, Carestream, Hologic, MobiSante, Chison Medical Imaging Co., Ltd., Konica Minolta Inc., and Toshiba Corporation.

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Device Display Outlook (Revenue, USD Million, 2018-2028)

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

Product Type Outlook (Revenue, USD Million, 2018-2028)

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

Portability Outlook (Revenue, USD Million, 2018-2028)

• Trolley/Cart
• Compact/Handheld
• Point-of-care (PoC)

Application Outlook (Revenue, USD Million, 2018-2028)

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

Geographic Segment Covered in the Report:

The Ultrasound report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

• North America (USA and Canada)
• Europe (UK, Germany, France and the rest of Europe)
• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
• Latin America (Brazil, Mexico, and the rest of Latin America)
• Middle East and Africa (GCC and rest of the Middle East and Africa)

Major Points covered in this report are as below:

• The Ultrasound industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.

• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.

• The Ultrasound Market report provides key statistics on the market status of the Ultrasound manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

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