Ultrasound Devices Market to See High CAGR Growth of 4.5% by 2026


Posted September 5, 2019 by peeterdbmr

Ultrasound Devices Market accounted to USD 7 billion in 2018 to an estimated value of USD 9.3 billion by 2026 growing at a CAGR of 4.5% during the forecast period of 2019 to 2026.

 
Ultrasound Devices Market accounted to USD 7 billion in 2018 to an estimated value of USD 9.3 billion by 2026 growing at a CAGR of 4.5% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

An ultrasound scan is a device that uses high frequency sound waves to create an image of some part of the inside of the body. These devices are non-invasive diagnostic imaging devices they are capable of acquiring images of internal organs of the body. They are used in healthcare professionals to conduct tests in diagnosis and therapeutic procedures

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Market Segmentation: Global Ultrasound Devices Market
• By Product (Cart/Trolley based Ultrasound Devices, Compact Ultrasound Devices and Point-Of-Care (POC) Ultrasound Devices),
• By Technology (Diagnostic (2D, 3D and 4D, Doppler),
• By Therapeutic (Extracorporeal Shockwave Lithotripsy, High-Intensity Focused Ultrasound)),
• By Application (Radiology, Obstetrics and Gynecology, Cardiovascular, Gastroenterology),
• By End User (Hospitals, Academia, Ambulatory, Diagnostic Center),
• By Display (Color ultrasound Devices 45,Black and White Ultrasound Devices),
• By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)

Competitive Analysis: Global Ultrasound Devices Market
Global ultrasound devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of ultrasound device market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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Key Market Competitors: Global Ultrasound Devices Market
Some of the major players operating in ultrasound devices market are Shimadzu Analytical Pvt. Ltd., Analogic Corporation, TOSHIBA CORPORATION, Siemens Hitachi, Ltd., Koninklijke Philips N.V., GENERAL ELECTRIC, SAMSUNG, FUJIFILM Holdings Corporation, Esaote SpA, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., GE Healthcare, Carestream Health, Hologic, Esaote, Acoustiic, Inc., Daxsonics Ultrasound, Inc., Cardiawave, SA.among others.

Market Drivers
• Medical reimbursements will drive the Ultrasound device
• Technological advancements will make large differs in Ultrasound device market.
• Government and private funding for R&D in ultrasound imaging
• Increase in number of ultrasound diagnostic imaging procedures

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Market Restraint
• Lack of skilled sonographers is going to restrain the growth of market.

Reasons to Purchase this Report
• Current and future of global ultrasound devices market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

Key Insights in the report:
• Complete and distinct analysis of the market drivers and restraints
• Key Market players involved in this industry
• Detailed analysis of the Market Segmentation
• Competitive analysis of the key players involved

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Issued By Data Bridge Market Research
Country India
Categories Business , Industry , News
Tags ultrasound devices , ultrasound devices market , ultrasound devices market industry , ultrasound devices market news , ultrasound devices market trends
Last Updated September 5, 2019