Increasing prevalence of infectious and chronic diseases such as cancer and cardiovascular diseases are the major factors propelling the ultrasound market. Increasing demand for non-invasive and invasive diagnostic procedures alongside rising geriatric population worldwide has boosted the market. Technological advancements and rising cases of injuries on joints, muscles and tendons is fueling the growth of the ultrasound market. Growing adoption of high-efficiency imaging products and rapid expansion of hospitals is bolstering the market as well.
The market is bifurcated into technology, device display, system portability, application, end-user, and region. Based on technology, diagnostic ultrasound is expected to dominate the market growth. Diagnostic ultrasound consists of 2D, 3D, 4D, and Doppler ultrasound. A rise in demand for 2D ultrasound owing to technological advancements and favorable medical reimbursements has positively influenced the market. The emergence of a large number of growing applications of ultrasound techniques is boosting the market further.
In terms of system, portability trolley/cart-based is expected to hold a significant share of the market. Rising adoption of trolleys in emergency care in hospitals and acute care settings is stimulating the market.
Based on application, radiology is expected to dictate the market growth owing to technological advancements and rising cases of cancer globally. In addition, increasing adoption of tissue biopsy and ultrasound cancer diagnosis is driving the market.
In terms of end-user, hospitals, diagnostic centers, and surgical centers are expected to witness significant growth owing to the growing number of hospitals worldwide. The rise in the number of ultrasound-based and minimally invasive procedures is boosting the market. The rapid expansion of hospitals in developed economies alongside favorable government initiatives is fueling the growth of the market as well.
Based on the region, North America is the global leader of the market. Easy accessibility, high adoption of advanced diagnostic equipment and rising healthcare expenditure in countries like Canada and the US are stimulating the market in the region. Europe is expected to show significant growth, owing to increasing research projects in the field of ultrasound, which strengthens the market position in the region. The significant healthcare expenditure in countries such as France, Germany, Italy, Spain, and the UK is bolstering the market.
Prominent players of the market are FUJIFILM Holdings Corporation, Shimadzu Corporation, Chison Medical Imaging, Hologic, Carestream, Mobisante, Mindray Medical International Ltd, Hitachi, Siemens AG, Philips, Samsung Electronics and General Electric Company.
Competitive Landscape:
• Hologic, in 2018 decided to collaborate with Clarius in order to bolster its handheld and wireless ultrasound scanner in North America
• Canon Medical Systems acquired the healthcare unit of Toshiba Corporation in order to expand its healthcare business worldwide
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Global Ultrasound Market Segmentation
By Device Display
• Colour Ultrasound
• Black and White (B/W) Ultrasound
By System Portability
• Trolley/Cart-based Ultrasound Systems
• Compact/Handheld Ultrasound Systems
• Point-of-Care Ultrasound Systems
By Application
• Radiology/General Imaging
• Cardiology Applications
• Obstetrics/Gynecology
• Vascular Applications
• Urological Applications
• Orthopedic and Musculoskeletal Applications
• Pain Management Applications
By End-User
• Hospitals, Surgical Centers and Diagnostic Centers
• Maternity Centers
• Ambulatory Care Centers
• Research and Academia
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the World
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FutureWise Key Takeaways
● Growth Prospects
● SWOT Analysis
● Key Trends
● Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global ultrasound market by device display, by system portability, by application, by end-users, and by region
• To cater to comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America and rest of the world
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers, and expansions
• Profiling of companies to evaluate their market shares, strategies, financial and core
competencies

Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency Used for the Study
1.5 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Research
2.1.2 Primary Research
2.2 Market Estimation Methodology
2.2.1 Revenue-Based Market Estimation
2.2.2 End-User Based Market Estimation
2.2.3 Primary Research Validation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.5 Research Limitations
3 Executive Summary

4 Premium Insights
4.1 Ultrasound: Market Overview
4.2 Ultrasound Market, By Technology, 2018 vs 2023, (USD Million)
4.3 Market, By Type, 2018 vs 2023, (USD Million)
4.4 Market, By Type, 2018 vs 2023, (USD Million)
4.5 Market, By Device Display, 2018 vs 2023, (USD Million)
4.6 Ultrasound Market, By System Portability, 2018 vs 2023, (USD Million)
4.7 Market, By Application, 2018 vs 2023, (USD Million)
4.8 Ultrasound Market, By End User, 2018 vs 2023, (USD Million)
4.9 Market: Geographical Snapshot

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Prevalence of Target Diseases
5.2.1.2 Rising Patient Preference for Minimally Invasive Procedures
5.2.1.3 Technological Advancements
5.2.1.4 Growing Public and Private Investments, Funding, and Grants
5.2.1.5 Increasing Number of Diagnostic Centers & Hospitals
5.2.2 Restraints
5.2.2.1 Stringent Government Regulations
5.2.3 Opportunities
5.2.3.1 Expanding Applications of Therapeutic Ultrasound
5.2.3.2 Emerging Markets
5.2.3.3 Advent of POC Ultrasound Devices
5.2.4 Challenges
5.2.4.1 Growing End-User Preference for Refurbished Equipment
5.2.4.2 Dearth of Skilled and Well-Trained Sonographers
5.3 Industry Trends
5.3.1 Development of Application-Specific Ultrasound Devices
5.4 Pricing Trend Analysis (2015-2017)
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Rest of the World
6 Ultrasound Market, By Technology
6.1 Introduction
6.2 Diagnostic Ultrasound
6.2.1 2D Ultrasound
6.2.1.1 Strong Market Demand in Less-Developed and Emerging Countries to Sustain Revenue Growth of 2D Ultrasound Manufacturers
6.2.2 3D and 4D Ultrasound
6.2.2.1 Greater Diagnostic Accuracy & Improved Imaging Capabilities to Boost the Global Market Demand for 3D Ultrasound
6.2.3 Doppler Ultrasound
6.2.3.1 Growing Applications in Pain Management, Emergency Care, and Cardiovascular Imaging to Drive Doppler Ultrasound Market Demand
6.3 Therapeutic Ultrasound
6.3.1 Shockwave Lithotripsy
6.3.1.1 Greater Patient Emphasis on Minimally Invasive Treatment of Kidney & Gall Bladder Stones to Replicate Into Higher Demand for Lithotripsy Products
6.3.2 Focused Ultrasound
6.3.2.1 Greater Clinical Evidence to Establish the Safety & EffiCACy Profile for Various Cancer Treatment to Drive Adoption of Focused Ultrasound
7 Ultrasound Market, By Device Display
7.1 Introduction
7.2 Color Ultrasound
7.2.1 Greater Market Availability of Advanced Color Ultrasound Devices to Drive Their Market Growth Till 2023
7.3 Black and White (B/W) Ultrasound
7.3.1 APAC to Register Sustained Market Demand for B/W Ultrasound Products During the Study Period

8 Ultrasound Market, By System Portability
8.1 Introduction
8.2 Trolley/Cart-Based Ultrasound Systems
8.2.1 Increased Usage for Acute Care & Emergency Care Among Providers to Drive the Market Demand for Trolley Based Systems
8.3 Compact/Handheld Ultrasound Systems
8.3.1 Procedural & Technical Benefits as Well as Device Affordability to Drive Greater Adoption of Compact Ultrasound
8.4 Point-of-Care (POC) Ultrasound Systems
8.4.1 Improved Operational & Clinical EffiCACy to Boost POC Market Growth

9 Ultrasound Market, By Application
9.1 Introduction
9.2 Radiology/General Imaging Applications
9.2.1 Greater Adoption in Image-Guided Surgery/Radiology Procedures to Drive Market Demand
9.3 Cardiology Applications
9.3.1 Rising Prevalence of Cardiac Disorders Across Major Healthcare Markets Will Drive the Market
9.4 Obstetrics/Gynecology Applications
9.4.1 Rising Demand for Uterine Fibroid and Obstetric Application to Boost Market Demand
9.5 Vascular Applications
9.5.1 Vascular Application to Be the Fastest-Growing Application Segment in the Ultrasound Industry
9.6 Urological Applications
9.6.1 Greater Patient Emphasis on Minimally Invasive Medical Procedures to Boost Market Revenues
9.7 Orthopedic and Musculoskeletal Applications
9.7.1 Rising Patient Preference for Effective & Early Disease Diagnosis to Boost Market Growth
9.8 Pain Management Applications
9.8.1 Ultrasound Devices are Increasingly Being Utilized for Trauma & Emergency Care Applications
9.9 Other Applications

10 Ultrasound Market, By End User
10.1 Introduction
10.2 Hospitals, Surgical Centers, and Diagnostic Centers
10.2.1 Significant Number of Ultrasound-Based Medical Procedures Performed Among Major Providers
10.3 Maternity Centers
10.3.1 Increased Usage of 3D, 4D, and Doppler Ultrasound for OB/GYN Applications
10.4 Ambulatory Care Centers
10.4.1 Increasing Number of Minimally Invasive & Emergency Medical Procedures Performed By Accs
10.5 Research and Academia
10.5.1 Growing Number of Industry-Academia Collaborations to Develop Novel Ultrasound Products
10.6 Other End Users
11 Ultrasound Market, By Region
11.1 Introduction
11.2 Europe
11.2.1 Germany
11.2.1.1 Expansion of Application Horizons to Driver Market in the Country
11.2.2 France
11.2.2.1 Growing Patient Emphasis on Minimally Invasive Medical Procedures to Drive Market Demand
11.2.3 UK
11.2.3.1 Increased Geriatric Patients to Be Major Contributor in Market Growth
11.2.4 Italy
11.2.4.1 Improved Reimbursement Scenario & Increasing Researches to Support Overall Market Growth
11.2.5 Spain
11.2.5.1 Low Market Entry Barrier to Drive Revenue Growth of Global Ultrasound Manufacturers
11.2.6 Rest of Europe
11.3 North America
11.3.1 US
11.3.1.1 Increasing Adoption of Novel Ultrasound Technologies to Drive the Market Growth for Portable Platforms
11.3.2 Canada
11.3.2.1 Significant Number of Ultrasound-Based Medical Procedures to Replicate Into Their Sustained Market Demand
11.4 Asia Pacific
11.4.1 China
11.4.1.1 Significant Expansion of Healthcare Infrastructure Coupled With Localized Manufacturing to Drive the Market Growth
11.4.2 Japan
11.4.2.1 Favorable Reimbursement Scenario Coupled With Significant Geriatric Population to Boost the Japanese Market
11.4.3 India
11.4.3.1 Significant Burden for Target Diseases Coupled With Availability of Affordable Devices to Drive Market Growth
11.4.4 Rest of Asia Pacific
11.5 Rest of the World
11.5.1 Latin America
11.5.1.1 Significant Prevalence for Target Conditions to Sustain the Ultrasound Market Demand
11.5.2 Middle East
11.5.2.1 Increased Patient Awareness About Ongoing Technological Advancements to Be the Major Driving Factor
11.5.3 Africa
11.5.3.1 Significant Patient Population for Chronic Diseases to Drive Market Growth

12 Competitive Landscape
12.1 Introduction
12.2 Global Market Share Analysis
12.3 Competitive Scenario

13 Company Profiles
(Business Overview, Products Offered, Recent Developments, FutureWise Opinion)*
13.1 Analogic Corporation
13.2 Esaote
13.3 FUJIFILM Holdings Corporation
13.4 General Electric Company
13.5 Hitachi Ltd.
13.6 Koninklijke Philips N.V.
13.7 Mindray Medical International Ltd.
13.8 Siemens AG
13.9 Canon Medical Systems Corporation
13.10 Shimadzu Corporation
13.11 Samsung Electronics
13.12 Carestream Health
13.13 Hologic
13.14 Mobisante, Inc.
13.15 Chison Medical Imaging

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