Renub Research has recently released a report named "United States Ultrasound Device Market, Size, Forecast 2022-2027, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis" providing a detailed industry analysis that incorporates market share insights. In addition, the report envelops research on competitors and regions and current advancements in the United States Ultrasound Devices Market. The United States Ultrasound Devices Market shall experience a CAGR of nearly 6.53% during 2022-2027. Ultrasound, a widely available medical imaging technique, utilizes high frequency sound waves to provide visualizations of internal organs. It involves the use of a transducer and ultrasound detector to capture images. Unlike other imaging methods, ultrasound is minimally invasive and does not expose the body to ionizing radiation for diagnosis or treatment purposes. USA market is primarily driven by factors such as the increasing prevalence of chronic ailments like cancer tumors, gallstones, and fatty liver disease, as well as substantial investments in the healthcare industry. The United States ultrasound market is expected to witness growth due to growing awareness about early disease detection and advancements in ultrasound imaging technology.
However, the high cost associated with ultrasound devices may limit their usage and hinder the U.S. market's growth. To illustrate the significance of early diagnosis, a report from the American Cancer Society in January 2022 revealed that approximately 19,880 women are projected to be diagnosed with ovarian cancer. The report also highlighted that ovarian cancer ranks fifth in terms of cancer-related deaths among women. It further emphasized that a woman's lifetime risk of developing ovarian cancer is approximately 1 in 78, with a lifetime chance of dying from the disease estimated at 1 in 108. The United States ultrasound devices is expected to reach US$ 3.06 Billion by the year 2027, Due to the increased usage of ultrasound equipment for diagnostic imaging and treatment and an increasing need for diagnostic devices such as compact 2D and 3D/4D.
The United States ultrasound device market is anticipated to witness significant growth in the Portable/Handheld Ultrasound Systems segment during the upcoming years.
In the United States ultrasound device market, the Portable/Handheld Ultrasound Systems segment is poised to experience significant growth during the forecast period. This particular segment offers several advantages, including portability, convenience, and ease of use. Portable and handheld ultrasound systems enable healthcare professionals to perform diagnostic imaging at the point of care, whether in clinics, ambulances, or remote areas. These devices are particularly beneficial for emergency situations, home healthcare and rural healthcare settings. The rising demand for point-of-care diagnostics, coupled with advancements in portable ultrasound technology, is driving the growth of this segment. Additionally, the COVID-19 pandemic has further accelerated the adoption of portable ultrasound systems, as they provide a safer option for reducing patient and healthcare provider exposure.
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Product Type – United States Ultrasound Device Market has been covered from 3 viewpoints
- Trolley/Cart-Based
- Compact/Handheld
- Point-of-Care (POC)
The 4D imaging segment is poised to maintain its dominant share in the United States ultrasound devices market.
With its ability to provide real-time, dynamic, and detailed images of the fetus or specific organs, 4D imaging has revolutionized prenatal care and diagnostic procedures. This technology offers healthcare professionals valuable insights into the anatomy, movement, and development of the fetus, facilitating early detection of abnormalities and improved patient outcomes. The increasing preference for 4D imaging among healthcare providers, coupled with advancements in ultrasound technology, is expected to drive the sustained dominance of this segment. Furthermore, the rising awareness among expecting parents about the benefits of 4D imaging in bonding with their unborn child is also contributing to the segment's market share.
Technology Type – United States Ultrasound Device Market has been covered from 5 viewpoints
- 2D Imaging
- 3D Imaging
- 4D Imaging
- Doppler
- Others
The obstetrics/gynaecology segment is anticipated to witness continued growth in the United States ultrasound device market.
The obstetrics/gynaecology segment of the United States ultrasound device market is experiencing significant growth, driven by the increasing demand for ultrasound in pregnancy monitoring and gynaecological diagnosis. Ultrasound plays a crucial role in obstetrics, providing valuable insights into fetal development, detecting abnormalities, and assessing maternal health. Expecting parents increasingly rely on ultrasound examinations to monitor the health and well-being of their unborn child, fostering a higher demand for ultrasound devices in obstetric clinics and hospitals. Ultrasound is widely used in gynaecological diagnosis, enabling the evaluation of pelvic organs, detection of tumours or cysts, and assessment of reproductive health. The non-invasive nature of ultrasound, coupled with its high accuracy and real-time imaging capabilities, makes it an essential tool in the field of obstetrics and gynaecology.
Application – United States Ultrasound Device Market has been covered from 5 viewpoints
- Radiology/General Imaging
- Obstetrics/Gynecology
- Cardiology
- Vascular
- Others
Surgical centers are poised to witness a substantial surge in growth rates in the foreseeable future.
The future holds a high growth rate for surgical centers, driven by various factors. Surgical centers offer numerous advantages such as cost-effectiveness, efficiency, and convenience compared to traditional hospital settings. These centers specialize in performing specific surgical procedures, providing focused care and streamlined services. With the increasing demand for outpatient surgeries and minimally invasive procedures, surgical centers are expected to witness a surge in patient volume. Additionally, advancements in medical technology and surgical techniques are expanding the range of procedures that can be safely performed in these centers. The shift towards value-based healthcare and the emphasis on reducing healthcare costs further contribute to the growth potential of surgical centers. As a result, more investments and collaborations are likely to occur in this sector, leading to the expansion and establishment of new surgical centers to meet the growing demand for specialized surgical care.
End User – United States Ultrasound Device Market has been covered from 4 viewpoints
- Hospitals
- Surgical Centre
- Ambulatory Care Centre
- Other
Competitive Landscape
The United States ultrasound devices market report highlights prominent players including Koninklijke Philips NV, Siemens AG, Hologic, Inc., Samsung Electronics Co. Ltd., and Canon Medical Systems Corporation. These key players are characterized by their commitment to product development and implementation of strategic initiatives aimed at securing and sustaining a substantial market share. Through mergers and acquisitions, these companies seek to strengthen their market position by acquiring complementary technologies or expanding their product portfolios.
Company Insights:
- Overview
- Recent Development & Strategies
- Financial Insights
Company Covered:
- Koninklijke Philips NV
- Siemens AG
- Hologic, Inc.
- Samsung Electronics Co.Ltd
- Canon Medical Systems Corporation
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