New York, June 03, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report, Global Ultrasound Systems Market, By Technology, By Display Type, By Mobility, By Application, By End User, By Region, Competitive Forecast. known & opportunities, 2026 “- https://www.reportlinker.com/p06089439/?utm_source=GNW
The global ultrasound systems market was valued at $ 10.67 billion in 2020 and is expected to grow at a CAGR of 4.87% over the forecast period due to the growing prevalence of target diseases that require effective diagnosis and treatment. Ultrasound systems help diagnose as well as treat certain diseases. In addition to technological advances in diagnostic and therapeutic ultrasound imaging, the availability of medical reimbursements for diagnostic ultrasound procedures in mature markets is expected to have a positive impact on market growth over the next five years. The growing applications of emerging ultrasound technologies such as Doppler ultrasound in vascular imaging and 3D / 4D ultrasound in oncology will also further strengthen market growth through 2026.
The global Ultrasound Systems Market is segmented by technology, display type, mobility, application, end-user, region, and company. Based on the technology, the market can be divided into diagnostic ultrasound and therapeutic ultrasound.
The diagnostic ultrasound segment dominated the market in 2020 with a share of around 74.53% and is expected to maintain its dominance in the forecast period. This is due to the growing demand for early and efficient diagnosis of the target diseases. The diagnostic ultrasound segment is further divided into 2D ultrasound, 3D and 4D ultrasound, and Doppler ultrasound. Among these, the 2D ultrasound segment is expected to dominate the market in the next five years due to the widespread use of 2D ultrasound systems in women’s health. In addition, the availability of reimbursements for diagnostic ultrasound procedures and advances in diagnostic ultrasound are positively impacting segment growth. Depending on the application, the market can be divided into Obstetrics / Gynecology, General Imaging, Cardiology, and Urology. The Obstetrics / Gynecology segment is expected to dominate the market during the forecast period due to the growing prevalence of various gynecological diseases that require diagnosis and treatment.
The most important companies active in the global ultrasound systems market include Siemens Healthineers AG, GE Healthcare, Koninklijke Philips NV, Canon Medical Systems Corporation, Fujifilm Holdings Corporation, Shimadzu Corporation, Hologic, Inc. Imaging Association (IRIA) 2020 in Gandhinagar, Gujarat, for example, Siemens Healthineers presented the ACUSON Redwood Ultrasound Systems. The system is based on the company’s new platform architecture and offers advanced applications for more clinical confidence, AI-powered tools for intelligent workflows and offers shared services cardiology functions used by different hospital departments. These features, along with the portable and lightweight design, provide clinicians with a cost-effective and efficient high-performance imaging solution. Siemens Healthineers worked with user input to transform care with the ACUSON Redwood; engineered for superior image quality, exceptional performance, and greater workflow efficiency. In addition, GE Healthcare launched and commercialized several ultrasound products from 2017 to 2020. These include Versana Premier ultrasound systems, Invenia Automated Breast Ultrasound (ABUS) 2.0 systems and Versana Essential ultrasound systems. These product launches, along with the advanced and wide range of other products the company offers in various regions, are intended to strengthen the company’s position in the global ultrasound systems market and the entire medical device industry.
Years considered for this report:
Historic years: 2016 – 2019
Base year: 2020
Estimated year: 2021
Forecast period: 2022-2026
The aim of the study:
• To analyze the historical growth of the market size of the global Ultrasound Systems Market from 2016-2020.
• Estimate and forecast the market size of the global Ultrasound Systems Market from 2021-2026, and the growth rate through 2026.
• Classify and forecast the global Ultrasound Systems Market based on technology, display type, mobility, application, end-user, region, and company.
• To identify a dominant region or segment in the global Ultrasound Systems Market.
• Identification of drivers and challenges for the global ultrasound systems market.
• To study competitive developments such as expansions, product launches, mergers and acquisitions, etc. in the global Ultrasound Systems Market.
• Identify and analyze the profile of leading players in the global Ultrasound Systems Market.
• Identify the key sustainable strategies being pursued by market participants in the global Ultrasound Systems Market.
The analyst performed both primary and extensive secondary research for this study. First, the analyst compiled a list of manufacturers, suppliers, and distributors around the world.
The analyst then conducted primary research on the identified companies. As part of the interviews, the respondents were also asked about their competitors.
This technique would allow the analyst to include the manufacturers who could not be identified due to the limitations of the desk research. The analyst examined the manufacturers, distribution channels and the presence of all major players around the world.
The analyst calculated the market size of the global Ultrasound Systems market using a bottom-up approach that involves collecting data for various end-user segments and forecast for the years to come. The analyst has obtained these values from industry experts and company representatives and validated them externally by analyzing historical data of these product types and applications to obtain an appropriate overall market size.
The analyst also examined various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports.
Most important target group:
• Manufacturers, end users and other stakeholders
• Ultrasound systems distributors and suppliers and other stakeholders
• Organizations, forums, and alliances related to the Ultrasound Systems Market
• Market research and consulting company
The study is useful in providing answers to several critical questions important to industry stakeholders such as vendors, suppliers, end users, etc., and enables them to plan investments and seize market opportunities.
In this report, the global Ultrasound Systems Market has been segmented into the following categories in addition to the industry trends listed below:
• Global Ultrasound Systems Market By Technology:
o Diagnostic ultrasound
3D and 4D ultrasound
o Therapeutic ultrasound
High intensity focused ultrasound (HIFU)
Extracorporeal shock wave lithotripsy (ESWL)
• Global Ultrasound Systems Market By Display Type:
o black and white
• Global Ultrasound Systems Market By Mobility:
• Global Ultrasound Systems Market By Application:
o Obstetrics / Gynecology
o General imaging
• Global Ultrasound Systems Market By End User:
o Hospitals & clinics
o diagnostic centers
• Global Ultrasound Systems Market, By Regions:
o North America
or Asia Pacific
o South America
o Middle East & Africa
United Arab Emirates
Company Profiles: In-depth analysis of the key companies in the global Ultrasound Systems Market.
With the given market data, we offer adjustments to the specific needs of a company. The following customization options are available for the report:
• Detailed analysis and profiling of additional market participants (up to five).
Read the full report: https://www.reportlinker.com/p06089439/?utm_source=GNW
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