
Global & Canada Ultrasound Market to 2031
Description
The Canadian ultrasound market is experiencing a notable transformation, largely influenced by demographic changes and targeted healthcare investments. With a significant portion of the population aging, the rise in chronic diseases is a key driver of the demand for diagnostic imaging. Statistics Canada reported that in 2021, approximately 45% of Canadians were living with at least one major chronic illness, and the incidence of new cancer cases and related fatalities has risen due to both population growth and aging. This high prevalence of chronic conditions, particularly cardiovascular diseases and cancer, underscores the increasing need for ultrasound technology for effective diagnosis and ongoing monitoring.
A prominent trend in Canada is the growing use of point-of-care (POC) ultrasound devices. These portable and compact machines are becoming increasingly prevalent in various environments, extending beyond traditional hospital settings to include emergency departments and remote healthcare facilities. Additionally, provincial governments are making significant investments in diagnostic imaging technology to alleviate patient backlogs and enhance care quality. Although challenges such as a shortage of qualified sonographers and the high costs associated with advanced ultrasound equipment persist, continuous research and development, along with public funding initiatives, are anticipated to support the ongoing expansion of the ultrasound market in Canada.
A prominent trend in Canada is the growing use of point-of-care (POC) ultrasound devices. These portable and compact machines are becoming increasingly prevalent in various environments, extending beyond traditional hospital settings to include emergency departments and remote healthcare facilities. Additionally, provincial governments are making significant investments in diagnostic imaging technology to alleviate patient backlogs and enhance care quality. Although challenges such as a shortage of qualified sonographers and the high costs associated with advanced ultrasound equipment persist, continuous research and development, along with public funding initiatives, are anticipated to support the ongoing expansion of the ultrasound market in Canada.
Table of Contents
109 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. Canada Ultrasound Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. Ultrasound Market Key Market Dynamics
- 5.1 Ultrasound Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. Canada Ultrasound Market – Analysis
- 6.1 Canada Ultrasound Market Revenue (US$ Million), 2021–2031
- 6.2 Canada Ultrasound Market Revenue and Forecast Analysis
- 7. Canada Ultrasound Market Analysis – by Product Type
- 7.1 Canada Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Product Type
- 8. Canada Ultrasound Market Analysis – by Portability
- 8.1 Canada Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Portability
- 9. Canada Ultrasound Market Analysis – by Application
- 9.1 Canada Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Application
- 10. Canada Ultrasound Market Analysis – by End User
- 10.1 Canada Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by End User
- 11. Competitive Landscape
- 11.1 Heat Map Analysis by Key Players
- 11.1 Company Positioning and Concentration
- 12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.2 Partnerships and Collaborations
- 12.2 Other Developments
- 13. Company Profiles
- 13.1 GE HealthCare Technologies Inc
- 13.1. 1 Key Facts
- 13.1. 2 Business Description
- 13.1. 3 Products and Services
- 13.1. 4 Financial Overview
- 13.1. 5 SWOT Analysis
- 13.1. 6 Key Developments
- 13.2 Siemens Healthineers AG
- 13.2. 1 Key Facts
- 13.2. 2 Business Description
- 13.2. 3 Products and Services
- 13.2. 4 Financial Overview
- 13.2. 5 SWOT Analysis
- 13.2. 6 Key Developments
- 13.3 FUJIFILM Holdings Corp
- 13.3. 1 Key Facts
- 13.3. 2 Business Description
- 13.3. 3 Products and Services
- 13.3. 4 Financial Overview
- 13.3. 5 SWOT Analysis
- 13.3. 6 Key Developments
- 13.4 Canon Inc
- 13.4. 1 Key Facts
- 13.4. 2 Business Description
- 13.4. 3 Products and Services
- 13.4. 4 Financial Overview
- 13.4. 5 SWOT Analysis
- 13.4. 6 Key Developments
- 13.5 Koninklijke Philips NV
- 13.5. 1 Key Facts
- 13.5. 2 Business Description
- 13.5. 3 Products and Services
- 13.5. 4 Financial Overview
- 13.5. 5 SWOT Analysis
- 13.5. 6 Key Developments
- 13.6 ESAOTE SPA
- 13.6. 1 Key Facts
- 13.6. 2 Business Description
- 13.6. 3 Products and Services
- 13.6. 4 Financial Overview
- 13.6. 5 SWOT Analysis
- 13.6. 6 Key Developments
- 13.7 Shenzhen Mindray Bio-Medical Electronics Co Ltd
- 13.7. 1 Key Facts
- 13.7. 2 Business Description
- 13.7. 3 Products and Services
- 13.7. 4 Financial Overview
- 13.7. 5 SWOT Analysis
- 13.7. 6 Key Developments
- 13.8 Hologic Inc
- 13.8. 1 Key Facts
- 13.8. 2 Business Description
- 13.8. 3 Products and Services
- 13.8. 4 Financial Overview
- 13.8. 5 SWOT Analysis
- 13.8. 6 Key Developments
- 13.9 Trivitron Healthcare Pvt Ltd
- 13.9. 1 Key Facts
- 13.9. 2 Business Description
- 13.9. 3 Products and Services
- 13.9. 4 Financial Overview
- 13.9. 5 SWOT Analysis
- 13.9. 6 Key Developments
- 13.10 Samsung Healthcare
- 13.10. 1 Key Facts
- 13.10. 2 Business Description
- 13.10. 3 Products and Services
- 13.10. 4 Financial Overview
- 13.10. 5 SWOT Analysis
- 13.10. 6 Key Developments
- 14. Appendix
- 14.1 About Business Market Insights
- 14.2 List of Abbreviations
- TABLE OF TABLES
- Table 1. Canada Ultrasound Market Segmentation
- Table 2. List of Vendors
- Table 3. Canada Ultrasound Market – Revenue, 2021–2024 (US$ Million)
- Table 4. Canada Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. Canada Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Product Type
- Table 6. Canada Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Product Type
- Table 7. Canada Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Portability
- Table 8. Canada Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Portability
- Table 9. Canada Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Application
- Table 10. Canada Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
- Table 11. Canada Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by End User
- Table 12. Canada Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
- Table 13. List of Abbreviations
- TABLE OF FIGURES
- Figure 1. Impact Analysis of Drivers and Restraints
- Figure 2. Canada Ultrasound Market Revenue, (US$ Million), 2021–2031
- Figure 3. Heat Map Analysis by Key Players
- Figure 4. Company Positioning and Concentration
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