Ultrasound is defined as the sound or other vibrations having an ultrasonic frequency, particularly used in medical imaging. Ultrasound is used in several fields, and ultrasonic devices are used to discover objects and measure distances. Ultrasounds have many advantages as they do not require needles, injections, and incisions and these are generally painless. The types of ultrasound include abdominal ultrasound imaging, pelvic ultrasound imaging, trans abdominal, transvaginal, transrectal, obstetric ultrasound imaging and carotid and abdominal aorta ultrasound imaging.
Portable Ultrasound Market:
By technology, the ultrasound devices market is segmented into diagnostics and therapeutic ultrasound. Among these segments, diagnostic ultrasound accounts for the largest market share owing to the several factors including large-scale use of 2D ultrasound in disease diagnosis, increasing technological advancements in the field of 3D/4D ultrasound and availability of significant medical reimbursements. By device portability, the market is segmented into trolley/cart-based and compact/handheld ultrasound devices. In which compact/handheld ultrasound segment is anticipated to grow at the highest CAGR during the forecast period owing to the ease of operability and expansion in application horizons. By application, the market is classified into radiology/general imaging, cardiology, and some others. Among these segments, the radiology/general imaging application holds the largest market share is owing to the rising incidence of various cancers and growing market availability. By the end user, the market is segmented into hospitals, diagnostic and surgical centres, academic and research centres and some others. Among these segments, hospitals, diagnostics, and surgical centres hold the largest market share is owing to the rising number of diagnostic imaging procedures performed in hospitals and increasing adoption of minimally invasive procedures in hospitals by the healthcare professionals.
Portable Ultrasound Device Market:
By types of devices, mobile ultrasound devices segment is anticipated to hold the largest portable ultrasound market size, and cardiology application is the fastest growing segment during the forecast period. The major factors that are driving the growth of the medical diagnostic and therapeutic ultrasound devices market are an ageing population to drive the vascular and cardiology, huge untapped market existing for an ultrasound, long-term effects and high costs prevent patients from opting for radiation-based imaging method and increasing number of healthcare institute and enhanced healthcare infrastructure.
North America Ultrasound Devices Market
Increasing demand for minimally invasive devices, rising prevalence of cancer and cardiovascular diseases, increasing ageing population and technological advancements are the major factors that are propelling the growth of the Europe ultrasound devices market. However, lack of skilled professionals and use of refurbished instruments are the factors that are hindering the market growth.
North America Ultrasound Devices Market Trends:
- Samsung has introduced its new HS50 and HS60 ultrasound systems designed for busy clinical practices offering a compact design with a simplified workflow and many other features.
- The launch of the ACUSON Bonsai ultrasound system by Siemens addresses increasing demand for quality echo exams in more locations and fast-paced clinical environments.
North America Ultrasound Devices Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major key players in the North America Ultrasound Devices Market are:
- General Electric Company
- Koninklijke Philips N.V.
- Toshiba Corporation
- Siemens AG
- Hitachi Ltd.
Along with these companies, there were many other companies considered/cited in the report while analysing the North America Ultrasound Devices Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Increasing global prevalence of targeted diseases
4.1.2 Technological advancements
4.1.3 Growing public and private investments, funding and grants
4.1.4 Increasing birth rates especially in emerging economies
4.1.5 Rising number of healthcare providers
4.2 Restraints
4.2.1 Lack of skilled sonographers
4.2.2 Strict government rules and regulations
4.3 Opportunities
4.3.1 Emergence of point-of-care ultrasound devices
4.3.2 Opportunities in emerging countries
4.3.3 Expanding application horizon of ultrasound
4.4 Challenges
4.4.1 Growing end-user preference for refurbished equipment
Chapter 5 North America Ultrasound Devices Market – By Device display
5.1 Colour ultrasound devices
5.2 Black and white ultrasound devices
Chapter 6 North America Ultrasound Devices Market – By Technology
6.1 Diagnostic ultrasound
6.1.1 2D ultrasound
6.1.2 3D and 4D ultrasound
6.1.3 Doppler ultrasound
6.2 Therapeutic ultrasound
6.2.1 High-intensity focused ultrasound
6.2.2 Extracorporeal shockwave lithotripsy
Chapter 7 North America Ultrasound Devices Market – By Device portability
7.1 Trolley/cart-based ultrasound devices
7.2 Compact/handheld ultrasound devices
7.2.1 Point-of-care ultrasound devices
Chapter 8 North America Ultrasound Devices Market – By Application
8.1 Radiology/general imaging applications
8.2 Cardiology applications
8.3 Urology applications
8.4 Obstetrics/gynecology applications
8.5 Vascular applications
8.6 Others
Chapter 9 North America Ultrasound Devices Market – By End-user
9.1 Hospitals, diagnostics, and surgical centers
9.2 Ambulatory care centers
9.3 Maternity centers
9.4 Research and academic institutes
9.5 Others
Chapter 10 North America Ultrasound Devices Market – By Geography
10.1 Introduction
10.2 North America
10.2.1 U.S
10.2.2 Canada
10.2.3 Mexico
Chapter 11 North America Ultrasound Devices Market – Company Profiles
11.1 General Electric Company
11.2 Koninklijke Philips N.V.
11.3 Toshiba Corporation
11.4 Siemens AG
11.5 Hitachi Ltd.
11.6 Fujifilm Holdings Corporation
11.7 Samsung Electronics Co. Ltd.
11.8 Analogic Corporation
11.9 Esaote S.p.A.
11.10 Mindray Medical International Ltd.
Chapter 12 North America Ultrasound Devices Market – Competitive Landscape
12.1. Market Share Analysis
12.2. Strategies Adopted by top companies
12.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 13 Market Insights
13.1. Industry Experts Insights
13.2. Analysts Opinions
13.3. Investment Opportunities
Chapter 14 Appendix
14.1 List of Tables
14.2 List of Figures
