US ultrasound equipment market
DUBLIN, March 21, 2024 (GLOBE NEWSWIRE) — “US Ultrasound Equipment Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insights, Inflation Impact, Opportunities Company Analysis” report Added. ResearchAndMarkets.com Recruitment.
The US ultrasound devices market is expected to reach approximately USD 3.72 billion by 2030. The market is predicted to increase at a CAGR of 5.19% from 2024 to 2030.
This upward trend is being driven by advances in the use of ultrasound equipment for diagnostic imaging and treatment, as well as by the increasing incidence of persistent lifestyle problems. Other factors influencing the market growth include increasing demand for minimally invasive surgery and frequent trends in ultrasound imaging. Ultrasound is the primary diagnostic device in clinical imaging because it is much cheaper and faster than other imaging structures. Additionally, it is safer than other imaging techniques because it does not use ionizing radiation or magnetic fields.
Increasing use of ultrasound systems for imaging diagnosis and treatment and rising incidence of chronic and lifestyle-related diseases are key factors expected to weigh on the market boom. Ultrasound technology is utilized in a variety of software fields including cardiology, obstetrics/gynecology, vascular, orthopedics, and extensive image processing. Rising prevalence of heart diseases is expected to further drive the average increase in the market. According to the CDC, about 805,000 people in the United States have a heart attack every 12 months, and about 1 in 20 adults over the age of 20 (about 5%) have coronary artery disease.
Furthermore, the ultrasound market is expected to further expand during the forecast period of 2019 due to new R&D and innovations in this field, as well as new product launches by industry giants and new approvals from the US Food and Drug Administration. There is. research. As a result, the US ultrasound equipment market was valued at USD 2.61 billion in 2023.
Therapeutic ultrasound use is increasing in the US ultrasound device market
The US ultrasound equipment market is segmented by product into diagnostic ultrasound and therapeutic ultrasound. Therapeutic ultrasound is on the rise in the US ultrasound equipment market. This is due to expanding packages across pain management, physical therapy, and sports therapy. As people live longer and become more active, there is a growing demand for non-invasive treatments to alleviate musculoskeletal disorders and injuries. Therapeutic ultrasound provides central therapy and promotes tissue recovery and rehabilitation. The US therapeutic ultrasound market is expected to flourish due to improved technology and growing awareness of its benefits.
Trolley or cart-based ultrasound devices are the most popular in the US market
Based on portability, the US ultrasound equipment market is segmented into trolley/cart-based ultrasound equipment and compact/handheld ultrasound equipment. Trolley/cart-based ultrasound devices dominate the US market. The reason is because of its versatility, superior imaging techniques, and substantial scientific applications. These provide overdetermined imaging and address many clinical specialties such as obstetrics, cardiology, and oncology. These systems offer more advantageous features such as advanced Doppler images and 3-D/4D imaging, which are essential for accurate diagnosis and treatment planning. Additionally, the ergonomic layout and mobility enable an environmentally friendly workflow in hospitals and clinics. Trolley/cart-based ultrasound devices continue to be sought after in the U.S. ultrasound device market as healthcare professionals prioritize performance and versatility.
The US ultrasound equipment market is dominated by radiology and general image processing.
The US ultrasound equipment market is segmented by application into radiology/general imaging, cardiology, gynecology, vascular medicine, urology, and others. Radiology/general imaging accounts for the largest share of the US ultrasound equipment market. This is due to its wide range of diagnostic applications across numerous scientific specialties. From assessing abdominal and pelvic conditions to diagnosing musculoskeletal and vascular problems, radiology/general imaging ultrasound is a flexible tool for medical enterprises. With advances such as high-frequency probes and comparatively improved imaging, these structures offer greater diagnostic accuracy. Continuing disease outbreaks require frequent imaging tests, further increasing the need for radiology/general ultrasound equipment in the United States.
US hospitals will continue to lead the ultrasound equipment market
By end user, the US ultrasound equipment market is segmented into hospitals, surgical centers, diagnostic centers, maternity centers, ambulatory care centers, and academic institutions. The hospital is poised to maintain leadership in the U.S. ultrasound equipment market. This is because they are the number one healthcare provider and clinical center of excellence. Hospitals with a wide range of specialties and patient populations require versatile ultrasound structures for diagnosis, tracking, and intervention. Additionally, technological improvements such as portable and point-of-care ultrasound devices are increasing their efficiency and usefulness in the clinical setting. Hospitals are projected to maintain their dominance in the US ultrasound equipment market as they prioritize quality care and innovation.
key player
The major players in the US ultrasound equipment market are GE Healthcare, Healthcare Hologic Inc., Butterfly Network, Hitachi Healthcare Americas, Samsung Electronics Co. Ltd., Hologic, Inc., and Fujifilm Holdings Corporation.
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February 2023 – GE Healthcare announced that it has registered an agreement to acquire Caption Health, Inc., a private AI healthcare services company. Caption Health, Inc. specializes in developing medical devices that support early diagnosis of disease, such as using AI to assist with ultrasound scans.
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March 2022 – Philips introduces its ultrasound workspace at the American College of Cardiology trade show. It is a vendor-neutral echocardiography image analysis and reporting solution that can be accessed remotely via a browser.
Products – The US ultrasound equipment market is segmented from two perspectives:
1. Ultrasound diagnosis
2. Ultrasound treatment
Portability – Segmenting the US ultrasound equipment market from two perspectives:
1. Trolley/cart-based ultrasound device
2. Compact/handheld ultrasound device
Applications – US ultrasound devices market segmented from six perspectives:
1. Radiology/General Imaging Examination
2. Cardiology
3. Gynecology
4. Blood vessels
5. Urology
6. Others
End User – US Ultrasonic Devices Market Segmented from Six Perspectives:
1. Hospital
2. Surgery Center
3. Diagnostic Center
4. Maternity Center
5. Outpatient treatment center
6. Academic institutions
We cover all the major players from three perspectives.
1.overview
2. Recent trends
3. Profit analysis
key attributes
|
report attributes |
detail |
|
number of pages |
115 |
|
Forecast period |
2023-2030 |
|
Estimated market value in 2023 (USD) |
$2.61 billion |
|
Projected market value to 2030 (USD) |
$3.72 billion |
|
compound annual growth rate |
5.1% |
|
Target area |
America |
For more information on this report, please visit https://www.researchandmarkets.com/r/fgm3a6.
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