The study on the Global Next Generation Ultrasound System Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Next Generation Ultrasound System market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Next Generation Ultrasound System industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Next Generation Ultrasound System industry
The global next generation ultrasound system market size reached USD 3.66 Billion in 2020 and is expected to register a revenue CAGR of 7.4% during the forecast period, according to latest analysis by Emergen Research. Increasing usage of handheld scanners is expected to support market revenue growth between 2021 and 2028. Moreover, rising technological advancement for high performance and portable systems is expected to boost market growth. Currently, demand for affordable handheld scanners and monitoring system for ultrasound purpose has increased at a rapid pace. Moreover, manufacturers of ultrasound devices are adopting Internet of Things (IoT) technology to improve ultrasound screening models.
Increasing use of 5D ultrasound systems with portable scanning technologies for ultrasound screening is expected to boost market growth. Growing usage of technologically advanced devices such as wireless transducer, mobile app-based ultrasound system, and handheld ultrasound scanner in healthcare industry globally are leading to increase in adoption of next generation ultrasound systems.
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The complete regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Overview of the TOC of the Report:
- Introduction, Scope, and Overview
- Opportunities, Risks, and Drivers
- Competition landscape analysis with sales, revenue, and price
- Extensive Profiling of the key competitors with the sales figures, revenue, and market share
- Regional analysis with sales, revenue, and market share for each region for the forecast period
- Market Segmentation based on types
- Market segmentation based on applications
- Historical and forecast estimation
Market Dynamics:
The report offers insightful information about the market dynamics of the Next Generation Ultrasound System market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Next Generation Ultrasound System market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Next Generation Ultrasound System market.
Major companies in the market report include Samsung Electronics Co. Ltd., General Electric Company, Canon Medical Systems Corporation, Hitachi Ltd., Siemens Healthineers AG, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., CHISON Medical Technologies Co. Ltd., Butterfly Network Inc., Medgyn Products Inc., and Claruis Mobile Health Corporation.
Emergen Research has segmented global next generation ultrasound system market on the basis of probability, product type, application, technology, end-use, and region:
- Portability Outlook (Revenue, USD Billion; 2018–2028)
- Portable Systems
- Trolley Based Systems
- Hand Held and Wearable Devices
- Product Type Outlook (Revenue, USD Billion; 2018–2028)
- Therapeutic Ultrasound
- Diagnostic Ultrasound
- Application Outlook (Revenue, USD Billion; 2018–2028)
- General Imaging
- Vascular Imaging
- Cardiology Imaging
- Other Imaging
- Technology Outlook (Revenue, USD Billion; 2018–2028)
- 2D Ultrasound System
- 3D/4D Ultrasound System
- Others
- End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Hospitals
- Ambulance Surgical Centers
- Diagnostic Centers
- Others
Key Highlights from the Report
- Diagnostic ultrasound segment is expected to register a considerably fast revenue growth during the forecast period owing to increasing demand for diagnostic ultrasound systems among hospitals. Increasing usage of diagnostic ultrasound systems for detection of internal infection with full accuracy is a key factor expected to increase demand for diagnostic ultrasound systems in near future.
- Ambulance surgical centers segment is expected to expand at a substantially rapid revenue CAGR during the forecast period owing to increasing adoption of next generation ultrasound systems in ambulance surgical centers. Increasing need for providing quick diagnosis has increased adoption of next generation ultrasound systems in ambulance surgical centers.
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