Global Doppler Ultrasound Market Opportunities And Strategies 2023
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s doppler ultrasound market report forecasts the doppler ultrasound market size to grow to $2.64 Billion by 2027, with a CAGR (compound annual growth rate) of almost 4%.
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Doppler Ultrasound Market Size Forecast
The global doppler ultrasound market is expected to grow from $2.19 billion in 2022 to $2.29 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global doppler ultrasound market size is expected to reach $2.64 billion in 2027 at a CAGR of 3.9%.
North America held the largest doppler ultrasound market share.
Key Doppler Ultrasound Market Driver – Increase In The Prevalence Of Chronic Diseases
According to the National Library of Medicine, a US-based medical library run by the federal government, it was projected in January 2023 that by the year 2050, the number of people aged 50 and older who have at least one chronic illness would increase by 99.5%, rising from 71.52 million in 2020 to 142.66 million. As a result, the rise in chronic diseases is propelling the doppler ultrasonography market forward.
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Key Doppler Ultrasound Market Trend – Product Innovations
Companies in the doppler ultrasound industry are working on new product improvements to maintain their market position. For example, EagleView Ultrasound, a Chinese ultrasound device manufacturer, unveiled its first portable doppler ultrasound equipment in January 2022, allowing ultrasound imaging significantly more mobility and lowering the cost of the point-of-care alternative. It’s a wireless ultrasonic probe that connects to a tablet or phone via an iOS or Android app. Because of the different types of ultrasonic transducers utilised, it may function as a phased array, linear, and convex ultrasound probe all at once. With a simple flip, it can go from superficial to deep scans. This portable ultrasonography is a significant improvement in probe technology. This cutting-edge technology greatly assists clinicians during clinical crises, ward rounds, outpatient clinics, and other settings.
Doppler Ultrasound Market Segment
1) By Device: Trolly-Based, Handheld
2) By Application: Radiology, Obstetrics, Gynecology, Cardiology, Other Applications
3) By End-User: Diagnostic Centers, Maternity Centers, Ambulatory Care Centers, Research and Academia, Other End-Users
Doppler Ultrasound Market Major Players and Strategies
Major players in the doppler ultrasound market are General Electric Company, Hitachi Limited, Samsung Electronics, FUJI FILM Holdings Corporation, Koninklijke Philips N.V., Seimens Healthcare Private Limited, Analogic Corporation, Canon Inc., Esaote SpA, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Toshiba Corporation, Mindray medical international limited, Trivitron Healthcare Private Limited, CIMON Medical AS, NovaSignal Corporation, and Clarius.
GE Healthcare, a medical technology business based in the United States, paid $1.45 billion for BK Medical in February 2022. GE Healthcare has expanded its pre- and post-operative ultrasound capabilities to encompass the fast-growing and relatively new area of real-time surgical visualisation, providing an end-to-end solution throughout the whole continuum of care—from diagnosis to therapy and beyond. BK Medical is a firm established in the United States that creates active imaging systems for doppler ultrasounds.
The Doppler Ultrasound Global Market Report 2023 covers regional data on doppler ultrasound market size, doppler ultrasound market trends and drivers, opportunities, strategies, and doppler ultrasound market competitor analysis. The countries covered in the doppler ultrasound market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Doppler ultrasounds are imaging examinations that use sound waves to represent blood flow through blood arteries. It is used to generate images of interior organs using sound waves. It is a non-invasive test that can be used to measure the blood flow in the blood vessels.
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