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Ultrasound Devices Market Expected to Reach USD 8.71 Billion Globally in 2019: Transparency Market Research

Ultrasound devices enable physicians in diagnosing diseases for their further appropriate treatments. In addition, these devices also help surgeons by guiding movement of surgical instrument in patient’s body while performing surgeries. These devices are utilized extensively for abdominal imaging and examining various abdominal disorders such as stomach cancer. The global market for ultrasound devices has been estimated to grow at a CAGR of 6.4% (by value) and 8.8% (by volume) during the forecast period 2013 to 2019. The growth of ultrasound devices market is expected to increase with rising incidences of various diseases such as cardiovascular diseases and cancer. Technological advancements in ultrasound devices is further expected to propel the uptake of ultrasound devices market since new technologies that are revolutionizing the ultrasound industry are efficient to diagnose complex diseases with high precision and less time consumption. For instance, unlike CT scanners, 3-D & 4-D ultrasound imaging technology is efficient in producing real-time images of anatomical structure of organs. Likewise, increasing government initiatives will also accentuate the growth of this market during the forecast period.


Geographically, North America accounted for the largest share (more than 30%) in terms of revenue of the total ultrasound devices market. This is majorly due to the presence of large number of key players such as GE Healthcare and Siemens Healthcare in the region. Owing to rising geriatric population, it has been projected that Asia-Pacific and Rest of the World (RoW) will grow at the highest and second highest CAGR respectively during the forecast period. Improving government initiatives will further augment the growth of this market in aforementioned regions. The global ultrasound devices market is ruled by GE Healthcare, Philips Healthcare, Siemens Healthcare, Hitachi Medical Corporation and Toshiba Medical Systems Corporation.

The global ultrasound devices market has been segmented as below:

Ultrasound Devices Market, by Product Type

  • Cart/Trolley Based Ultrasound Device
  • Compact Ultrasound Device

Ultrasound Devices Market, by Technology

  • 2-D Ultrasound Imaging
  • 3-D & 4-D Ultrasound Imaging
  • Doppler Ultrasound Imaging
  • High Intensity Frequency Ultrasound (HIFU) Imaging
  • Lithotripsy Ultrasound Imaging

Ultrasound Devices Market, by Application

  • Obstetrics and Gynecology
  • Cardiovascular
  • Abdominal
  • Others (Ocular, MSK/Soft Tissue, Procedural Guidance studies and others)

Ultrasound Devices Market, by Geography

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)