Global Ultrasound Devices And Equipment Market Trends And Strategies Of Major Players In The Ultrasound Devices And Equipment Market 2021-2030

18 Mar, 2021

The ultrasound devices and equipment market consist of sales of ultrasound devices and equipment and related services by entities (organizations, sole traders and partnerships) that manufacture ultrasound devices and equipment for use in the healthcare industry.

Global Ultrasound Devices And Equipment Market Size And Drivers:

The global ultrasound devices and equipment market is expected to grow from $8.42 billion in 2020 to $11.12 billion in 2025 at a rate of 5.7%. The market is then expected to grow at a CAGR of 3.7% from 2025 and reach $13.34 billion in 2030.

The rise in the prevalence of chronic diseases is projected to propel the growth of the ultrasound devices and equipment market.

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Trends In The Global Ultrasound Devices And Equipment Market

Ultrasound machine manufacturers are increasingly integrating artificial intelligence (AI), offering advantages such as speeding workflows by automating time-consuming activities and picking up the ideal image. Artificial Intelligence is a machine-based learning which makes use of human intelligence functionalities like reasoning and problem-solving abilities to obtain insights and provide useful information. The use of AI in ultrasound devices allow health practitioners without prior experience to easily perform ultrasound exams quickly and accurately. AI also adds automated quality assessment, and intelligent interpretation capabilities to the ultrasound imaging system. For instance, in 2020, Caption Health, a California based medical AI company announced Caption AI, an AI-guided medical imaging system. Caption AI uses artificial intelligence to provide real-time guidance and feedback on image quality. It reviews the images, rates them according to image quality, and selects the best ones for diagnosis.

Global Ultrasound Devices And Equipment Market Segments:
The global ultrasound devices and equipment market is further segmented based on type, end user, portability type, product and geography.
By Type: Diagnostics, Therapeutics.
By End User: Hospitals, Diagnostic Imaging & Surgical Centers, Ambulatory Surgical Centers (ASC), Clinics.
By Portability Type: Cart/ Trolley Based Ultrasound Devices, Compact/ Handheld Ultrasound Devices, Clinics.
By Product: A-Mode, B-Mode or 2D Mode, C-Mode, M-Mode, Doppler Mode, Pulse Inversion Mode, Harmonic Mode.
By Geography: The global ultrasound devices and equipment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Western Europe is the largest region in the global ultrasound devices and equipment market, accounting for 33.2% of total market.

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Ultrasound Devices And Equipment Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides ultrasound devices and equipment market overviews, analyzes and forecasts market size and growth for the global ultrasound devices and equipment market, ultrasound devices and equipment market share, ultrasound devices and equipment market players, ultrasound devices and equipment market segments and geographies, ultrasound devices and equipment market’s leading competitors’ revenues, profiles and market shares. The ultrasound devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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