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Ultrasound Market Share of Companies, Product Specifications, Production Value Analysis by 2027

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Ultrasound Market Share of Companies, Product Specifications, Production Value Analysis by 2027

Growth in chronic diseases, increasing investments by governments, and advancements in technology are driving the market for Ultrasound.

Market Size – USD 6.34 Billion in 2018, Market Growth - CAGR of 5.6%, Market Trends – Increasing prevalence of cancer.

 The global Ultrasound Market is forecasted to reach USD 10.44 Billion by 2027, according to a new report by Reports and Data. Increase in the prevalence of chronic disease across the globe, coupled with rising population, has increased the demand for ultrasound market. The growing geriatric population is prone to diseases and fractures that affect the growth of the market positively.

The growing incidence of chronic diseases is increasing rapidly all across the globe. The prevalence of cancer has become a major concern for the healthcare sectors in the world. The demand for ultrasound imaging is expected to rise owing to high demand for early detection of diseases and minimization of the cost of treatments.

The government in Europe is focusing on supporting and promoting industrial research. It has provided several tax incentives to establish R&D units, with high technologically advanced ultrasound facilities. Increasing investment by the European government in its healthcare sector and goal to develop non-invasive and safe technologies to promote therapies of diseases, injuries, and other abnormalities are propelling the demand in the region.

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The report provides a complete analysis of the global Ultrasound  market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into the market growth, size, and investment approaches.

The key companies profiled in the market are:

Further key findings from the report suggest

  • An increase in the birth rate in countries such as Russia and Germany will boost market demand in the coming years. Diagnostic ultrasound has the ability to detect anomalies in babies inside the womb.
  • Doppler ultrasound uses high-frequency sound waves to measure the amount of blood flow in patient’s arteries and veins. It has a hand-held scanner connected to a computer. The procedure is non-invasive, painless, does not use radiation, and there are no risks known as of yet.
  • Mobile devices are being rapidly adopted in the developing nations owing to the rising demand for ambulatory care. The demand for handheld ultrasound devices are high in the developed region, such as the U.S.; there is a rising demand for mobile ultrasound devices. The growing trend of ambulatory care is driving the demand for this device.
  • Rising incidence of obesity, unhealthy food consumption, and stressed lifestyle increase the odds of a cardiac related issues. Increase in investment in healthcare and support via healthcare insurance from government are encouraging people to go for checkups and lead a healthy lifestyle.
  • Hospitals dominated the market for ultrasound. Rise in minimally invasive surgical and diagnostic procedures and growing number of hospitals are propelling the segment demand. Large number of ultrasound procedures are done in the hospitals only.
  • High growth of the market in North America is attributed to the growing prevalence of chronic ailments along with rising awareness among people related to early disease diagnosis. The availability of advanced technologies and healthcare facilities will surge the demand for the market product in the coming years.
  • Key participants include Siemens AG, Esaote, Analogic Corporation, FUJIFILM Holdings Corporation, Samsung Electronics, General Electric Company, Carestream Health, Hologic, Canon Medical Systems Corporation, and Mobisante, Inc., among others.

For the purpose of this report, Reports and Data have segmented into the global Ultrasound Market on the basis of technology, type, applications, end-users, and region:

Technology Outlook (Revenue, USD Billion; 2016-2027)

  • Therapeutic Ultrasound
  • Diagnostic Ultrasound

Type Outlook (Revenue, USD Billion; 2016-2027)

  • Stationary Ultrasound
  • Portable Ultrasound

Applications Outlook (Revenue, USD Billion; 2016-2027)

  • Cardiology Applications
  • Vascular Applications
  • Radiology/General Imaging Applications
  • Urological Applications
  • Pain Management Applications
  • Orthopedic and Musculoskeletal Applications

End-Users Outlook (Revenue, USD Billion; 2016-2027)

  • Ambulatory Care Centers
  • Maternity Centers
  • Hospitals and Diagnostic Centers
  • Research and Academia
  • Others

Browse Complete Report “Ultrasound  Market” @ https://www.reportsanddata.com/report-detail/food-ultrasound-market

The report further segments the market on the basis of key regions of the world and offers an assessment of the production and manufacturing capacity, import and export, production and consumption patterns, supply and demand ratio, and the presence of key players in each region. The Ultrasound  market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

In-depth regional analysis covers:

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • U.K.
  • France
  • BENELUX
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Rest of APAC
  • Latin America
  • Brazil
  • Rest of LATAM
  • Middle East & Africa
  • Saudi Arabia
  • A.E.
  • Rest of MEA

The report includes primary and subjective research with a comprehensive study examined and validated by industry professionals and experts. The report further provides insights into the opportunities and threats that the industry may witness in the upcoming years, throughout the forecast period. The report also provides an insight into the growth in revenue along with CAGR throughout the forecast period. It also provides insights into lucrative opportunities to enable the businesses to capitalize on the emerging trends of the market.

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Highlights of the TOC:

  1. Report Overview

1.1 Research Scope

1.2 Key Ultrasound  market segments

1.3 Major players

1.4 Market analysis by product

1.5 Market analysis by application

1.6 Report timeline

  1. Global Growth Trends

2.1 Global Ultrasound  market size

2.2 Latest Ultrasound  market trends

2.3 Key growth trends

  1. Competitive Landscape

3.1 Global Ultrasound  market key players

3.2 Global Ultrasound  size by manufacturers

3.3 Products of major players

3.4 Entry barriers in the Ultrasound  market

3.5 Mergers, acquisitions, joint ventures, and strategic alliances

About Reports and Data                              

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Thank you for reading our report. For additional information on customization of the report, connect with us and we will make sure you get a report tailored to meet your needs.

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