Ultrasound Devices Market to Witness Steady Growth By 2024 – Top Players Financial Performance Overview And Key Business Opportunities Outlook | Million Insights

August 01 00:32 2020
Ultrasound Devices Market to Witness Steady Growth By 2024 - Top Players Financial Performance Overview And Key Business Opportunities Outlook | Million Insights

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According to new report available with Million Insights, the global ultrasound devices industry research report offers in-depth analysis of industry size, share, application, current trends and revenue. This research report enables numerous opportunities for the market players to invest in research and development.

The global Ultrasound Devices Market is set to witness a higher CAGR for the forecast period. Medical ultrasound represents images showing part of the body that are called as tomographic images. It collects information about biological medium without any modification. Ultrasound is thus a sound higher above 20Hz to 20kHz. For propagation, it needs a medium, by which it can propagate by means of deformation of medium. A medium is made of small spheres connected with springs.

Commercially, the use of ultrasonography in medical practice has been on constant evolution in the last few decades and continues to evolve as technological advances are fused with daily medical practice. The drivers for ultrasound device market entail rise in birth rate and in-vitro fertilization treatment coupled with rise in demand for sonography devices. Additionally, the market registers a rapid rise in number of new cases diagnosed with breast cancer. Presence of health agencies and government institutions are possibly to stimulate the global market scenario.

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Ultrasound devices market is segmented as non-woven and knitted woven, based on raw material. Application segment for ultrasound device industry involves healthcare & hygiene, implantable good and non-implantable goods. Geographical segmentation for ultrasound device market comprises North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the global scenario due to the presence of a robust healthcare infrastructure and inclination towards home healthcare and rise in customer pool. APAC market is highly competitive due to the presence of large players. Untapped potential and lucrative opportunities in emerging economies reveal some excellent growth scenarios in the APAC sector. 

The key players in the ultrasound devices industry include Toshiba Medical Systems Corporation, Philips Healthcare, Siemens Healthcare, Hitachi Medical Corporation, Samsung Medison, Mindray Medical International Limited, Analogic Corporation, GE Healthcare, Philips Healthcare and SonaCareMedical.

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Market Segment:

Ultrasound device market by product, 2014 – 2024 (USD Million)
    • Diagnostic Ultrasound Devices
        • 2D
        • 3D/4D
        • Doppler
    • Therapeutic Ultrasound Devices
    • High Intensity Focused Ultrasound (HIFU)
    • Extracorporeal Shockwave Lithotripsy (ESWL)

Ultrasound device market by Portability type, 2014 – 2024 (USD Million)
    • Handheld Ultrasound Devices
    • Cart/Trolley Based Ultrasound Devices

Ultrasound device market by region, 2014 – 2024 (USD Million)
    • North America
        • U.S. Ultrasound Device Market, by Product
        • U.S. Ultrasound Device Market, by Portability
        • Canada Ultrasound Device Market, by Product
        • Canada Ultrasound Device Market, by Portability
    • Europe
        • UK Ultrasound Device Market, by Product
        • UK Ultrasound Device Market, by Portability
        • Gvermany Ultrasound Device Market, by Product
        • Germany Ultrasound Device Market, by Portability
    • Asia Pacific
        • China Ultrasound Device Market, by Product
        • China Ultrasound Device Market, by Portability
        • Japan Ultrasound Device Market, by Product
        • Japan Ultrasound Device Market, by Portability
    • Latin America
        • Brazil Ultrasound Device Market, by Product
        • Brazil Ultrasound Device Market, by Portability
        • Mexico Ultrasound Device Market, by Product
        • Mexico Ultrasound Device Market, by Portability
    • MEA
        • South Africa Ultrasound Device Market,by Product
        • South Africa Device Market,by Portability

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