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 ultrasound systems devices and equipment market report forecasts the ultrasound systems devices and equipment market size to grow to $12.06 Billion by 2027, with a CAGR (compound annual growth rate) of more than 4%.

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Ultrasound Systems Devices And Equipment Market Size Forecast
The global ultrasound systems devices and equipment market is expected to grow from $9.72 billion in 2022 to $10.23 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. 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 ultrasound systems devices and equipment market size is expected to grow from $12.06 billion in 2027 at a CAGR of 4.2%.

Western Europe held the largest ultrasound systems devices and equipment market share.

Key Ultrasound Systems Devices And Equipment Market Driver ­– Rise In Government And Private Funding In Ultrasonic Device Manufacturing
For example, Chinese ultrasonic companies like Sonoscape, Mindray, and SIUI have benefitted from a government initiative to boost local manufacturers. Also, Private equity firm KKR decided to invest $35 million in Australia’s ultrasound device maker Signostics Ltd. Hence, this funding would not only encourage innovative devices but boost the market as well.

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Key Ultrasound Systems Devices And Equipment Market Trend – Introducing The 3D/4D Ultrasound Devices
The introduction of the 3D/4D Ultrasound devices is the latest trend that is going to change the landscape of ultrasound devices and the equipment market. The 3D/4D technology ultrasound device provides real-time enhanced imaging of the internal anatomy/fetus, also enabling real-time volume imagining. This technology can also help in performing complex surgeries. The 3D/4D ultrasound device would also feature improved image visualization power, shorten examination time and decrease strain injury during the surgery. For example, Toshiba’s Aplio i900 Ultrasound machine makes use of the 3D/4D technology.

Ultrasound Systems Devices And Equipment Market Segment
1) By Type: Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems
2) By End User: Hospitals, Diagnostic Imaging & Surgical Centers, Ambulatory surgical centers (ASCs), Clinics
3) By Product: A-Mode, B-Mode or 2D Mode, C-Mode, M-Mode, Doppler Mode, Pulse Inversion Mode, Harmonic Mode

Ultrasound Systems Devices And Equipment Market Major Players and Strategies
Major players in the ultrasound systems devices and equipment market are GE Healthcare, Siemens Healthineers, Philips Healthcare, Mindray Medical International Ltd., Fujifilm Holdings Corporation, Hitachi Ltd., Toshiba Corporation, Samsung Electronics, and Canon Medical Systems.

The Ultrasound Systems Devices And Equipment Global Market Report 2023 covers regional data on ultrasound systems devices and equipment market size, ultrasound systems devices and equipment market trends and drivers, opportunities, strategies, and ultrasound systems devices and equipment market competitor analysis. The countries covered in the ultrasound systems devices and equipment 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.

Ultrasound systems are machines used to see internal body structures based on the ultrasound application. Ultrasound systems are used in applications such as radiology/general imaging, orthopedic, cardiology, obstetrics/gynecology, vascular, urology, and other applications (breast imaging, hematology, anesthesiology, and emergency care).

View More Reports Related To The Ultrasound Systems Devices And Equipment Market –
Diagnostic Imaging Equipment Global Market Report 2023
Medical Equipment Global Market Report 2023
3D Diagnostic Imaging Services Global Market Report 2023

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