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Ultrasound, also known as sonography and diagnostic medical sonography, is an imaging procedure using high-frequency sound waves to produce precise images of structures of human body. The images produced during an ultrasound examination often provide valuable information for diagnosis and treatment of variety of diseases and medical conditions. Most ultrasound examinations are performed by using a sonar device outside of the body. However, some ultrasound examinations produce images by placing a device inside the human body.
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GLOBAL INDUSTRY INSIGHT: Ultrasound Devices Market Size, Share, Development, Growth and
Demand Forecast to 2020
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Global Ultrasound Devices Market Size, Share, Development,
Growth and Demand Forecast to 2020
Ultrasound, also known as sonography and diagnostic medical sonography, is an imaging procedure using high-
frequency sound waves to produce precise images of structures of human body. The images produced during an
ultrasound examination often provide valuable information for diagnosis and treatment of variety of diseases and
medical conditions. Most ultrasound examinations are performed by using a sonar device outside of the body.
However, some ultrasound examinations produce images by placing a device inside the human body.
Some of the major applications of ultrasound include diagnosis of gallbladder disease, tumor treatment,
examination of thyroid gland, diagnosis of infections, remove abnormalities in genitalia and prostate and evaluate
abnormalities of the muscle and tendons.
Moreover, ultrasound plays a vital role in radiology, cardiology, gynecology, urology and musculoskeletal.
Ultrasound has an immense potential for applications in general imaging and point-of-care diagnostics, such as
emergency medicine and anesthesia.
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The global ultrasound devices market is segmented into various technologies and by applications. By technology,
the market is categorized into diagnostic imaging ultrasound and therapeutic ultrasound. Diagnostic imaging
ultrasound is further categorized in 2D ultrasound, 3D and 4D ultrasound and Doppler imaging. Therapeutic
ultrasound covers high intensity focused ultrasound (HIFU) and extracorporeal shockwave lithotripsy (ESWL).
Application segment is further sub-segmented into cardiology, radiology, oncology, gynecology, breast
mammography, anesthesiology, musculoskeletal ultrasound, urological ultrasound and others.
North America dominates the global ultrasound devices market followed by Europe. The U.S., followed by
Canada, is the largest market for ultrasound devices in the North American region. Key driving factor for this
market is technological advancement in ultrasound devices in the region. Germany, France and the U.K. are
some of the largest countries in the European region. However, Asia-Pacific represents the fastest growing region
in the global ultrasound devices market. This is due to improving healthcare infrastructure and increasing
awareness among people about various chronic diseases. In developing countries, such as China and India,
government and ultrasound manufacturing companies educate people potential and innovative application of
ultrasound devices. This has resulted in significant rise in demand of ultrasound devices for diagnosis and
treatment of various diseases and medical conditions.
In addition, less stringent wages and availability of skilled labor attracts manufacturing companies to invest in
developing countries.
Increasing prevalence of diseases is a key driving factor of the global ultrasound devices market. Rising number
of geriatric populations and improving healthcare infrastructure are also supporting the growth of global
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Global Ultrasound Devices Market Size, Share, Development,
Growth and Demand Forecast to 2020
ultrasound devices market. In addition, technological advancement and increasing minimally invasive surgeries
and diagnosis procedures have also fueled the growth of global ultrasound devices market.
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However, high cost of ultrasound devices is a key restraint of the global ultrasound devices market. Stringent
regulations and legislations and lack of skilled healthcare professionals to operate expensive devices also hinder
the growth of global ultrasound devices market. Increasing mergers and acquisitions between devices
manufacturing companies and government bodies is prime trend of the global ultrasound devices market.
Some of the major competitors in the global ultrasound devices market are GE Healthcare, Siemens Healthcare,
Philips Healthcare, Esaote Group, HITACHI-Aloka Medical Corporation, Toshiba Medical Systems Corporation,
SonoSite, Inc., Ultrasonix Medical Corporation, Misonix, Inc., Zonare Medical Systems, Mindray Medical,
Verathon, Inc., Terason Corporation, Supersonic Imagine, Analogic Corporation and TomTec Imaging Systems
GMBH.
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Global Ultrasound Devices Market Size, Share, Development,
Growth and Demand Forecast to 2020
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