Global Market for Next-Generation Ultrasound System is Anticipated to grow at a Significant Pace i.e., USD 20,897.6 Million during the Forecast Period 2021-2027

Published Date: Oct, 2021

The Global next-generation ultrasound systems market is expected to witness a CAGR of 9.3% during the forecast period. The rising demand for quality ultrasound systems in the healthcare field, availability of technologically developed products in the field of 3D, 4D, forthcoming 5D ultrasound systems, rising prevalence of targeted diseases, initiatives by government and providing funds, increasing research and development during COVID-19 are the key factors driving the growth of the global next-generation ultrasound systems market. Moreover, there is the extensive entry of emerging players that are developing progressive ultrasound systems in the healthcare sector. Furthermore, integration of advanced technologies in ultrasound systems, demand for precise and accurate imaging entails a high-end ultrasound machine, growing applications, and mounting patient comfort levels owing to less scan time will accelerate the growth of the global next-generation ultrasound systems market.

The COVID-19 pandemic has negatively impacted the global next-generation ultrasound system market owing to lockdown, movement restrictions, strict regulations about the opening of production units, private clinics, and other labs. Moreover, disruption in the supply chain, less number skilled staff, recruitment challenges for clinical trials will adversely affect the global next-generation ultrasound system market.

Mindray introduced the novel ME series of portable ultrasound systems to fight the COVID-19 pandemic. These systems feature smart fluid management solutions, comprehensive disinfection solutions, convenient and agile mobility, intuitive interface, and flexible battery solutions to help clinicians address diagnostic challenges and make rapid decisions. The ME series is available in Europe and selected countries

Browse 73 market data Tables and 47 Figures spread through 200 Pages and in-depth TOC on " Next-Generation Ultrasound Systems by Product Type (Diagnostic Ultrasound Systems and Therapeutic Ultrasound Systems(High-Intensity Focused Ultrasound, Extracorporeal Shock Wave Lithotripsy, and Doppler Ultrasound)), by Application (Cardiovascular System, Vascular Imaging, Obstetrics and Gynecology Imaging, Lung Imaging, Urology Imaging, Orthopedics/Musculoskeletal Imaging, and Other Imaging), by Technology (4D/3D Ultrasound Systems, 2D Ultrasound Systems, and Others (Fusion Imaging Tissue Harmonic Imaging)), by Portability (Cart/Trolley-Based Systems, Handheld Devices & Wearable, and Portable Systems), by End-User (Hospitals, Diagnostics Laboratories, and Imaging Centers, Clinics, Ambulatory Surgical Centers, and Others), and Region - Global Forecast to 2027"

By product type, the Doppler ultrasound is projected to have a significant share during the forecast period.

Based on product type, the next-generation ultrasound systems market is segmented into diagnostic ultrasound systems and therapeutic ultrasound systems. The therapeutic ultrasound systems further are divided into high-intensity focused ultrasound, extracorporeal shock wave lithotripsy, and doppler ultrasound. Doppler ganger has gained significant popularity owing to the rapid penetration of technologically developed systems globally and can prove sharp images in a short span of time.

Global Next-Generation Ultrasound System Market Segmentation Analysis

Segment

Categorization

Leading Category

Product Type

Diagnostic Ultrasound Systems and Therapeutic Ultrasound Systems (High-Intensity Focused Ultrasound, Extracorporeal Shock Wave Lithotripsy, and Doppler Ultrasound)

Doppler Ultrasound (Largest)

Application

Cardiovascular System, Vascular Imaging, Obstetrics and Gynaecology Imaging, Lung Imaging, Urology Imaging, Orthopaedics/Musculoskeletal Imaging, and Other Imaging

General Imaging (Largest)

Technology

4D/3D Ultrasound Systems, 2D Ultrasound Systems, and Others (Fusion Imaging Tissue Harmonic Imaging)

4D/3D Ultrasound Systems (Significant Growth)

Portability

Cart/Trolley-Based Systems, Handheld Devices & Wearable, and Portable Systems

Cart/Trolley-Based Systems (Largest)

End-User

Hospitals, Diagnostics Laboratories, and Imaging Centers, Clinics, Ambulatory Surgical Centers, and Others

Hospitals (Fastest)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North-America (Largest)

Asia-Pacific (Fastest)

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“North-America to hold the largest regional market share during the forecast period.”

North America is anticipated to hold the largest market share in the global next-generation ultrasound system market owing to better availability and high penetration of devices improved specialty centers providing facilities and easy diagnosis of diseases.

Some of the major players in the global next-generation ultrasound systems market include BK Medical Holding Company, Inc., Butterfly Network, Inc., Canon Inc., Clarius Mobile Health Corp., ESAOTE SPA, FUJIFILM Holdings Corporation, Hitachi, Ltd., GENERAL ELECTRIC, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., and Shimadzu Corporation.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Product Type, Application, Technology, Portability, End-User, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

BK Medical Holding Company, Inc., Butterfly Network, Inc., Canon Inc., Clarius Mobile Health Corp., ESAOTE SPA, FUJIFILM Holdings Corporation, Hitachi, Ltd., GENERAL ELECTRIC, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., and Shimadzu Corporation

Global Next-Generation Ultrasound System Market Coverage

Product Type Insight and Forecast 2015-2027

  • Diagnostic Ultrasound Systems
  • Therapeutic Ultrasound Systems
    • High-Intensity Focused Ultrasound
    • Extracorporeal Shock Wave Lithotripsy
    • Doppler Ultrasound

Application Insight and Forecast 2015-2027

  • Cardiovascular System
  • Vascular Imaging
  • Obstetrics and Gynaecology Imaging
  • Lung Imaging
  • Urology Imaging
  • Orthopedics/Musculoskeletal Imaging
  • Other Imaging

Technology Insight and Forecast 2015-2027

  • 4D/3D Ultrasound Systems
  • 2D Ultrasound Systems
  • Others (Fusion Imaging Tissue Harmonic Imaging)

Portability Insight and Forecast 2015-2027

  • Cart/Trolley-Based Systems
  • Handheld Devices & Wearable
  • Portable Systems

End-User Insight and Forecast 2015-2027

  • Hospitals, Diagnostics Laboratories, and Imaging Centers
  • Clinics
  • Ambulatory Surgical Centers
  • Others

Geographical Segmentation

Next-Generation Ultrasound System Market by Region

North America

  • By Product Type
  • By Application
  • By Technology
  • By Portability
  • By End-User
  • By Country – U.S., Canada, and Mexico

Europe

  • By Product Type
  • By Application
  • By Technology
  • By Portability
  • By End-User
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Product Type
  • By Application
  • By Technology
  • By Portability
  • By End-User
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Product Type
  • By Application
  • By Technology
  • By Portability
  • By End-User
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries

 

 

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Global Market for Next-Generation Ultrasound System is Anticipated to grow at a Significant Pace i.e., USD 20,897.6 Million during the Forecast Period 2021-2027