According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Next-Generation Ultrasound System Market – Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Global Next-Generation Ultrasound System Market Analysis and Size
The Global Next-Generation Ultrasound Systems Market size was valued at around USD 10.3 billion in 2023 & is expected to reach about USD 15.79 billion by 2030. The market is expected to grow at a CAGR of around 6.3% during the forecast period of 2024-30.
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Some of the major players operating in the Next-Generation Ultrasound System Market are GE HealthCare Technologies Inc., Butterfly Network Inc., Canon Medical Systems Corporation, Clarius Mobile Health Corporation, Esaote SpA, Fujifilm Holdings Corporation, Konica Minolta Healthcare Americas, Inc., Sofwave TM, Hitachi Ltd., Hologic, Inc., Koninklijke Philips N.V., Samsung Electronics Co. Ltd., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Chison Medical Technologies Co., Ltd., Siemens Healthcare Private Limited, and others.
Next-Generation Ultrasound System Market Growth Driver:
Growing Cases of Chronic Diseases Driving Growth & Expansion of the Market – The increase in the number of patients suffering from chronic diseases has increased the demand for diagnostic solutions. Some of the diseases that have grossly affected major populations are cardiovascular diseases and urine infections, among others. For instance,
- According to the Centers for Disease Control and Prevention, in 2022, approximately 18 million deaths per year from CVD are observed, about 31 percent of all global deaths.
Testing through ultrasound is generally advised for patients with such chronic diseases, and as next-generation ultrasound systems are proving highly efficient, the level of dependency upon them has increased accordingly. Another important act that this fact has motivated is many clinical diagnostic centers working on next-generation ultrasound systems in the past few years, which has turned into a very strong driving factor for the market. Also, firms like Philips, Canon, etc., have been investing in developing disease-specific next-generation ultrasound systems for better performance. Hence, the growing incidence of cardiac diseases, coupled with the development of disease-specific solutions, would help the next-generation ultrasound systems market grow in the coming years.
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Market Segment and Geographical Analysis
By Product Type
- Diagnostic Ultrasound Systems- Market Size & Forecast 2019-2030F, (Thousands)
- Therapeutic Ultrasound Systems- Market Size & Forecast 2019-2030F, (Thousands)
- High-Intensity Focused Ultrasound- Market Size & Forecast 2019-2030F, (Thousands)
- Extracorporeal Shock Wave Lithotripsy- Market Size & Forecast 2019-2030F, (Thousands)
- Doppler Ultrasound- Market Size & Forecast 2019-2030F, (Thousands)
- Others (Contrast Agent-based Ultrasound, Ultrasound Probes and Transducers, etc.)- Market Size & Forecast 2019-2030F, (Thousands)
By Technology
- 4D/3D Ultrasound Systems- Market Size & Forecast 2019-2030F, (Thousands)
- 2D Ultrasound Systems- Market Size & Forecast 2019-2030F, (Thousands)
- Others (Fusion Imaging, Tissue Harmonic Imaging, etc.)- Market Size & Forecast 2019-2030F, (Thousands)
By Application
- General Imaging- Market Size & Forecast 2019-2030F, (Thousands)
- Cardiovascular Imaging- Market Size & Forecast 2019-2030F, (Thousands)
- Obstetrics and Gynecology Imaging- Market Size & Forecast 2019-2030F, (Thousands)
- Lung Imaging- Market Size & Forecast 2019-2030F, (Thousands)
- Urology Imaging- Market Size & Forecast 2019-2030F, (Thousands)
- Orthopedics Imaging- Market Size & Forecast 2019-2030F, (Thousands)
- Others (Kidney Imaging, Abdomen Imaging, etc.)- Market Size & Forecast 2019-2030F, (Thousands)
By Portability
- Cart/Trolley-Based Systems- Market Size & Forecast 2019-2030F, (Thousands)
- Handheld Devices and Wearables- Market Size & Forecast 2019-2030F, (Thousands)
By End Users
- Hospitals- Market Size & Forecast 2019-2030F, (Thousands)
- Diagnostics Laboratories and Imaging Centers- Market Size & Forecast 2019-2030F, (Thousands)
- Clinics- Market Size & Forecast 2019-2030F, (Thousands)
- Ambulatory Surgical Center- Market Size & Forecast 2019-2030F, (Thousands)
- Others (Research Institutes, Veterinary Clinics, etc.)- Market Size & Forecast 2019-2030F, (Thousands)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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