The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Contrast Enhanced Ultrasound Global Market Report 2024, the contrast enhanced ultrasound market is expected to show significant growth in the forecast period.

Market Growth Overview
Recent Growth

• Market Size: Increased from $1.93 billion in 2023 to $2.05 billion in 2024.
• Growth Rate: CAGR of 6.2%.

Historical Growth Drivers

• Diagnostic Accuracy: Precise imaging capabilities.
• Non-invasiveness and Safety: Safe alternative to traditional imaging methods.
• Rising Incidence of Liver Diseases: Growing prevalence of liver-related ailments.
• Aging Population: Increasing healthcare needs of the elderly.
• Preference for Non-radiation Techniques: Safer imaging options.

Future Growth Projections

• Expected Market Size: Predicted to reach $2.54 billion by 2028.
• Future Growth Rate: CAGR of 5.5%.

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Future Growth Drivers

• Rise in Cardiovascular Diseases: Increased demand for cardiovascular imaging.
• Expanding Role in Gastrointestinal Imaging: Diverse applications in GI diagnostics.
• Integration with Artificial Intelligence: AI-powered diagnostics for enhanced accuracy.
• Growing Focus on Precision Medicine: Tailored treatments based on detailed imaging.
• Increasing Applications in Pediatric Imaging: Safe imaging for pediatric patients.

The Role of Imaging Technology in Chronic Disease Forecasting
Impact of Chronic Diseases

• Prevalence: Growing number of individuals with chronic illnesses.
• Need for Monitoring: Continuous medical management and care required.

Supporting Data

• Chronic Disease Projection: Expected 99.5% rise in individuals aged 50+ with chronic illnesses by 2050 in the US.

Technological Advancements
Super-Resolution CEUS Technology

• Improved Spatial Resolution: Enhanced diagnostic capabilities.
• Detailed Imaging: High-resolution images of blood vessels and tissue structures.

Industry Example

• Philips Microvascular Imaging: Utilizes advanced signal processing algorithms for superior CEUS images.

Strategic Acquisitions Shaping the Market
GE Healthcare’s Acquisition of BK Medical

• Acquisition Details: GE Healthcare acquired BK Medical for $1.45 billion.
• Objective: Strengthen GE’s surgical visualization portfolio in the healthcare industry.
• Market Impact: Enhanced suite of ultrasound solutions for diagnosis and treatment.

Market Segmentation
The contrast-enhanced ultrasound market is segmented based on:

• Product: Equipment and Contrast Agent.
• Technology: Non-targeted and Targeted.
• Application: Hospitals, Clinics, and Other Applications.

Regional Insights

• Largest Region: North America led the contrast-enhanced ultrasound market in 2023.
• Fastest-Growing Region: Asia-Pacific projected for rapid growth in the forecast period.

Conclusion
The contrast-enhanced ultrasound market continues to evolve, driven by the rising prevalence of chronic diseases, technological advancements, and strategic acquisitions. As imaging technology becomes more precise and versatile, it plays a crucial role in forecasting and managing chronic illnesses, contributing to improved patient outcomes and enhanced healthcare delivery.

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