United States Ultrasound Devices Market is surpassing to reach US$ 3.06 Billion by 2027 according to the publisher. Ultrasound is considered one of the most valuable diagnostic tools in medical imaging since it is fast and less expensive. In addition, it is safer than other imaging technologies as it does not utilize ionizing radiation and magnetic field. The United States ultrasound devices market registering a CAGR of nearly 6.53% during the forecast period, 2022-2027.The United States ultrasound devices market was valued at US$ 2.23 Billion in 2022
Ultrasound uses high-frequency sound waves to take images of anatomical structures, which healthcare professionals interpret to detect abnormalities in a patient. This equipment diagnoses several chronic disorders related to vital body parts such as the blood vessels, heart in the abdomen, joints, and others. This technology is considered one of the fastest, safest, and non-invasive diagnostic procedures to examine internal organs.
Product Insights: Handheld Ultrasound Devices are expected to grow at a high CAGR
Based on product, the United States ultrasound market has been segmented into four parts, i.e., Trolley/Cart-Based, Compact/Handheld, and Point-of-Care (POC). Whereas, compact/handheld ultrasound devices are expected to grow at a high CAGR primarily due to the increased adoption of portable ultrasound devices for point-of-care applications. The United States ultrasound devices market was valued at US$ 2.23 Billion in 2022.Technology Type: 3D & 4D Ultrasound Devices have bright Future
The U.S. ultrasound market is segmented into 2D, 3D/4D, and Doppler. The United States ultrasound market is likely driven by rising demand for diagnostic devices such as miniaturized 2D and 3D/4D. Furthermore, recent technological advancements, the introduction of innovative equipment, and the developing healthcare facilities in the United States have influenced key companies to develop quickly operable display devices. In addition, Four-dimensional (4D) ultrasound imaging technology is even more convenient for healthcare specialists such as gynecologists. Therefore, it increases research and development with key market players to drive the demand for a 3D ultrasound during the forecast period.Application: Radiology Contributed the Highest Market Share
Based on Application, the United States ultrasound market is further segmented into Radiology/General Imaging Applications, Cardiology Applications, Obstetrics/Gynecology Applications, Vascular Applications, and Others. Radiology contributed the highest share, owing to the increased adoption of ultrasound devices for examining abdominal disorders. According to the American Heart Association (AHA), about 5.7 million adults in the U.S. suffered heart failure between 2009 and 2012. This number is expected to rise to 9.4 million by 2030, generating demand for various medical devices, including ultrasound. The OB/GYN is expected to grow fastest due to the preferred diagnostic modality for gynecological problems and obstetrics.End User: Hospitals dominated the Ultrasound Market in United States
By End User, The hospitals dominated the ultrasound market and held the largest revenue share and further expected to maintain their lead over the forecast period. The hospital segment will grow due to an increasing number of patients visiting hospitals with various lifestyle-related disorders and the rise in the adoption of new advanced imaging systems. In addition, the growing acquisitions between hospitals and market players will likely boost the demand for new installations of ultrasound machines in the coming years. In addition, according to the American Cancer Society, cancer is the cause of most deaths in the United States, with over half a million fatalities in 2021.Key Players
The market is concentrated with a few prominent players. Public and private companies are investing in Research & Development to advance technologies in the field of ultrasound imaging, as it is becoming one of the fundamental aspects of healthcare. Some key players are Koninklijke Philips NV, Siemens AG, Hologic, Inc., Samsung Electronics Co.Ltd, and Canon Medical Systems Corporation.For instance, In February 2022, Butterfly Network, Inc. and Ambra Health announced a partnership to accelerate and simplify interoperability for bedside imaging data. This partnership strengthens the sharing of valuable ultrasound information across hospitals and health systems. In December 2021, EagleView ultrasound introduced its wireless portable ultrasound device, which provides much freedom for ultrasound imaging and makes the point-of-care solution more affordable.
The publisher's latest report “United States Ultrasound Device Market, By Product Type (Trolley/Cart-Based, Compact/Handheld&Point-of-Care (POC)), TechnologyType (2D, 3D, 4D, Doppler& Others), Application (Radiology/General Imaging, Obstetrics/Gynecology, Cardiology, Vascular and Others), End User (Hospitals, Surgical Centre’s, Ambulatory Care Centre’s& Others), company Analysis (Koninklijke Philips NV, Siemens AG, Hologic, Inc., Samsung Electronics Co.Ltd, and Canon Medical Systems Corporation)” provides a detailed analysis of United States Ultrasound Device Market.
Product Type - Global Ultrasound Device Market has been covered from 3 viewpoints
1. Trolley/Cart-Based2. Compact/Handheld
3. Point-of-Care (POC)
Technology Type - Global Ultrasound Device Market has been covered from 5 viewpoints
1. 2D Imaging2. 3D Imaging
3. 4D Imaging
4. Doppler
5. Others
Application - Global Ultrasound Device Market has been covered from 5 viewpoints
1. Radiology/General Imaging2. Obstetrics/Gynecology
3. Cardiology
4. Vascular
5. Others
End User - Global Ultrasound Device Market has been covered from 4 viewpoints
1. Hospitals2. Surgical Centre
3. Ambulatory Care Centre
4. Other
Company Insights:
- Overview
- Recent Development & Strategies
- Financial Insights
Company Covered:
1. Koninklijke Philips NV2. Siemens AG
3. Hologic, Inc.
4. Samsung Electronics Co.Ltd
5. Canon Medical Systems Corporation
Table of Contents
1. Introduction2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. United States Ultrasound System Market
6. Market Share - United States Ultrasound System
6.1 By Products
6.2 By Technology
6.3 By Application
6.4 By End User
7. Products - United States Ultrasound Market
7.1 Trolley/Cart-Based Ultrasound Systems
7.2 Compact/Handheld Ultrasound Systems
7.3 Point-of-Care (POC) Ultrasound Systems
8. Technology - United States Ultrasound Market
8.1 2D Imaging
8.2 3D Imaging
8.3 4D Imaging
8.4 Doppler
8.5 Others
9. Application - United States Ultrasound Market
9.1 Radiology/General Imaging Applications
9.2 Cardiology Applications
9.3 Obstetrics/Gynaecology Applications
9.4 Vascular Applications
9.5 Others
10. End-user - United States Ultrasound Market
10.1 Hospitals
10.2 Surgical Centre’s
10.3 Ambulatory Care Centre’s
10.4 Others
11. Company Profiles
11.1 Koninklijkephilipsnv
11.1.1 Overview
11.1.2 Recent Developments
11.1.3 Sales Analysis
11.2 Siemens AG
11.2.1 Overview
11.2.2 Recent Developments
11.2.3 Sales Analysis
11.3 Hologic, Inc.
11.3.1 Overview
11.3.2 Recent Developments
11.3.3 Sales Analysis
11.4 Samsung Electronics Co. Ltd.
11.4.1 Overview
11.4.2 Recent Developments
11.4.3 Sales Analysis
11.5 Canon Medical Systems Corporation (Medical Sales)
11.5.1 Overview
11.5.2 Recent Developments
11.5.3 Sales Analysis
List of Figures:
Figure 01: United States - Ultrasound System Market (Million US$), 2018 - 2022
Figure 02: United States - Forecast for Ultrasound System Market (Million US$), 2023 - 2027
Figure 03: Product - Trolley/Cart-Based Ultrasound Systems Market (Million US$), 2018 - 2022
Figure 04: Product - Forecast for Trolley/Cart-Based Ultrasound Systems Market (Million US$), 2023 - 2027
Figure 05: Product - Compact/Handheld Ultrasound Systems Market (Million US$), 2018 - 2022
Figure 06: Product - Forecast for Compact/Handheld Ultrasound Systems Market (Million US$), 2023 - 2027
Figure 07: Product - Point-of-Care (POC) Ultrasound Systems Market (Million US$), 2018 - 2022
Figure 08: Product - Forecast for Point-of-Care (POC) Ultrasound Systems Market (Million US$), 2023 - 2027
Figure 09: Technology - 2D Imaging Market (Million US$), 2018 - 2022
Figure 10: Technology - Forecast for 2D Imaging Market (Million US$), 2023 - 2027
Figure 11: Technology - 3D Imaging Market (Million US$), 2018 - 2022
Figure 12: Technology - Forecast for 3D Imaging Market (Million US$), 2023 - 2027
Figure 13: Technology - 4D Imaging Market (Million US$), 2018 - 2022
Figure 14: Technology - Forecast for 4D Imaging Market (Million US$), 2023 - 2027
Figure 15: Technology - Doppler Market (Million US$), 2018 - 2022
Figure 16: Technology - Forecast for Doppler Market (Million US$), 2023 - 2027
Figure 17: Technology - Others Market (Million US$), 2018 - 2022
Figure 18: Technology - Forecast for Others Market (Million US$), 2023 - 2027
Figure 19: Application - Radiology/General Imaging Applications Market (Million US$), 2018 - 2022
Figure 20: Application - Forecast for Radiology/General Imaging Applications Market (Million US$), 2023 - 2027
Figure 21: Application - Cardiology Applications Market (Million US$), 2018 - 2022
Figure 22: Application - Forecast for Cardiology Applications Market (Million US$), 2023 - 2027
Figure 23: Application - Obstetrics/Gynaecology Applications Market (Million US$), 2018 - 2022
Figure 24: Application - Forecast for Obstetrics/Gynaecology Applications Market (Million US$), 2023 - 2027
Figure 25: Application - Vascular Applications Market (Million US$), 2018 - 2022
Figure 26: Application - Forecast for Vascular Applications Market (Million US$), 2023 - 2027
Figure 27: Application - Others Market (Million US$), 2018 - 2022
Figure 28: Application - Forecast for Others Market (Million US$), 2023 - 2027
Figure 29: End-user - Hospitals Market (Million US$), 2018 - 2022
Figure 30: End-user - Forecast for Hospitals Market (Million US$), 2023 - 2027
Figure 31: End-user - Surgical Centre’s Market (Million US$), 2018 - 2022
Figure 32: End-user - Forecast for Surgical Centre’s Market (Million US$), 2023 - 2027
Figure 33: End-user - Ambulatory Care Centre’s Market (Million US$), 2018 - 2022
Figure 34: End-user - Forecast for Ambulatory Care Centre’s Market (Million US$), 2023 - 2027
Figure 35: End-user - Others Market (Million US$), 2018 - 2022
Figure 36: End-user - Forecast for Others Market (Million US$), 2023 - 2027
Figure 37: koninklijke philips nv - Global Revenue (Billion US$), 2018 - 2022
Figure 38: koninklijke philips nv - Forecast for Global Revenue (Billion US$), 2023 - 2027
Figure 39: Siemens AG - Global Revenue (Billion US$), 2018 - 2022
Figure 40: Siemens AG - Forecast for Global Revenue (Billion US$), 2023 - 2027
Figure 41: Hologic, Inc. - Global Revenue (Billion US$), 2018 - 2022
Figure 42: Hologic, Inc. - Forecast for Global Revenue (Billion US$), 2023 - 2027
Figure 43: Samsung Electronics Co.Ltd - Global Revenue (Billion US$), 2018 - 2022
Figure 44: Samsung Electronics Co.Ltd - Forecast for Global Revenue (Billion US$), 2023 - 2027
Figure 45: Canon Medical Systems Corporation (Medical Sales) - Global Revenue (Billion US$), 2018 - 2022
Figure 46: Canon Medical Systems Corporation (Medical Sales) - Forecast for Global Revenue (Billion US$), 2023 - 2027
List of Tables:
Table 01: United States - Ultrasound System Market Share by Product (Percent), 2018 - 2022
Table 02: United States - Forecast for Ultrasound System Market Share by Product (Percent), 2023 - 2027
Table 03: United States - Ultrasound System Market Share by Technology (Percent), 2018 - 2022
Table 04: United States - Forecast for Ultrasound System Market Share by Technology (Percent), 2023 - 2027
Table 05: United States - Ultrasound System Market Share by Application (Percent), 2018 - 2022
Table 06: United States - Forecast for Ultrasound System Market Share by Application (Percent), 2023 - 2027
Table 07: United States - Ultrasound System Market Share by End User (Percent), 2018 - 2022
Table 08: United States - Forecast for Ultrasound System Market Share by End User (Percent), 2023 - 2027
Companies Mentioned
- Koninklijke Philips NV
- Siemens AG
- Hologic, Inc.
- Samsung Electronics Co.Ltd
- Canon Medical Systems Corporation
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | January 2023 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value ( USD | $ 2.23 Billion |
| Forecasted Market Value ( USD | $ 3.06 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | United States |
| No. of Companies Mentioned | 5 |
