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How has the contrast enhanced ultrasound market size evolved in recent years?

In the past few years, the contrast enhanced ultrasound market has enjoyed robust growth. The size of the market is projected to expand from $2.05 billion in 2024 to $2.16 billion in 2025, achieving a compound annual growth rate (CAGR) of 5.1%. The historic period’s growth has been driven by factors such as precise diagnosis and sensitivity, safety and non-invasive nature, increasing occurrence of liver ailments, worldwide aging population growth, and a rising inclination for non-radiation methods.

What are the predictions for the conversational commerce market size in the coming years?

The market size of contrast enhanced ultrasound is predicted to experience significant expansion in the upcoming years, potentially reaching a value of $2.69 billion in 2029 with a compound annual growth rate (CAGR) of 5.7%. Factors contributing to this projected growth during the forecast period include the rising prevalence of cardiovascular ailments, increased usage in pediatric imaging, its extended utility in gastrointestinal imaging, an escalating emphasis on precision medicine and the integration of artificial intelligence. Predominant trends throughout the forecast period encompass persistent technological advancements, progress in ultrasound technology, widening applications in the field of oncology, assimilation with multimodal imaging, real-time quantitative assessments, and extended use in pediatrics.

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What key factors are fueling the growth of the contrast enhanced ultrasound market?

The increasing occurrence of chronic conditions is projected to bolster the growth of the contrast-enhanced ultrasound market. Chronic diseases are long-term health issues that persist over a prolonged period and necessitate continuous medical management and care. Contrast-enhanced ultrasound provides precise, real-time images of numerous chronic diseases such as hypertension-related vascular diseases or liver cirrhosis, significantly contributing to more efficient long-term treatment. For example, as per the World Health Organization, a specialized UN agency based in Switzerland, in September 2023 there were 41 million deaths annually worldwide, 74% of which were due to non-communicable diseases (NCDs) or chronic ailments. Thus, the increasing prevalence of chronic illnesses is projected to boost the contrast-enhanced ultrasound market’s growth. The surge in the number of ambulatory surgical centers is foreseen to fuel the growth of the contrast-enhanced ultrasound market. An Ambulatory Surgery Center (ASC) is a specialized healthcare facility that provides outpatient surgical procedures. Ambulatory surgical centers use contrast-enhanced ultrasound (CEUS) to offer real-time imagery during minimally invasive procedures performed at the centers. In 2022, as per VMG Health, a full-service healthcare strategy and transaction advisor firm based in the US, the total count of certified ambulatory surgical centers rose from 5,906 in 2021 to 6,028 centers in 2022. Consequently, the increasing number of ambulatory surgical centers is sighted to foster the growth of the contrast-enhanced ultrasound market.

How is the global contrast enhanced ultrasound market divided into key segments?

The contrast enhanced ultrasound market covered in this report is segmented –

1) By Product: Equipment, Contrast Agent

2) By Technology: Non-targeted, Targeted

3) By Application: Hospitals, Clinics, Other Applications

Subsegments:

1) By Equipment: Ultrasound Machines, Portable Ultrasound Devices

2) By Contrast Agent: Gas-filled Contrast Agents, Microbubble Contrast Agents, Lipid-based Contrast Agents

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Who are the key firms paving the way for growth in the contrast enhanced ultrasound market?

Major companies operating in the contrast enhanced ultrasound market report are General Electric Company, Bayer AG, Bristol-Myers Squibb Company, Siemens Healthcare GmbH, Koninklijke Philips N.V., Daiichi Sankyo Company Limited, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., J.B. Chemicals and Pharmaceuticals Ltd., Canon Medical Systems, Lantheus Medical Imaging Inc., Guerbet, Bracco Diagnostic Inc., Esaote S.p.A., Trivitron Healthcare Pvt. Ltd., BK Medical Holding Company Inc., Hitachi Healthcare, Chison Medical Technology Co. Ltd., SANOCHEMIA Pharmazeutika GmbH, SuperSonic Imagine SA, FUJIFILM Visualsonics Inc., Leriva Pharma SA, Samsung Healthcare, Jodas Expoim Pvt Ltd., nanoPET Pharma GmbH, Alpinion Medical Systems, Acusphere Inc., ContextVision AB, Teratech Corporation, Solstice Pharmaceuticals B.V.

Which trends are expected to transform the contrast enhanced ultrasound market?

Leading businesses in the contrast-enhanced ultrasound market are pioneering cutting-edge technology like super-resolution contrast-enhanced ultrasound (CEUS) technology to better the spatial resolution of CEUS visualizations. The incorporation of these superior technologies into contrast-enhanced ultrasounds bolsters diagnostic capabilities, equipping medical practitioners with more comprehensive and precise data regarding the structure, function, and perfusion of tissues and organs. For instance, Philips, a Dutch firm known for producing medical systems and consumer electronics, introduced in September 2023, their Philips Microvascular Imaging Super Resolution Contrast-Enhanced Ultrasound (CEUS) that employs progressive signal processing algorithms to enhance the spatial resolution of CEUS visualizations. This assists in procuring high-definition images of blood vessels and other structures, aiding in the diagnosis and treatment of an array of diseases like cancer, liver disease, and vascular diseases.

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What regions are contributing significantly to the growth of the contrast enhanced ultrasound market?

North America was the largest region in the contrast-enhanced ultrasound market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the contrast enhanced ultrasound market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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