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Global & Nigeria Ultrasound Market to 2031

Published Sep 24, 2025
Length 109 Pages
SKU # BMKS20418300

Description

The Nigerian ultrasound market is undergoing notable growth and transformation, largely fueled by government healthcare reforms, an increasing prevalence of chronic diseases, and heightened involvement from the private sector. Despite facing challenges such as inadequate infrastructure and financing issues, there is a clear trend towards modernizing and expanding diagnostic capabilities. The rising incidence of non-communicable diseases (NCDs) is anticipated to further boost the demand for advanced diagnostic equipment. A January 2024 report from the World Health Organization (WHO) highlighted that conditions like cardiovascular diseases and strokes are becoming leading causes of mortality in Nigeria. This shift in health patterns underscores the need for more sophisticated ultrasound systems for early detection, monitoring, and management of these diseases, particularly in urban areas where they are more common. Consequently, there is an increasing demand for specialized ultrasound machines tailored for cardiology, oncology, and other clinical uses.

Moreover, the growing investment from the private sector in healthcare facilities is expected to enhance market growth. While many Nigerians still depend on public healthcare, the rise of private hospitals and clinics, especially in major cities, is notable. This trend is further exacerbated by the significant outflow of funds due to medical tourism, with Nigeria reportedly losing around US$ 1.2 billion annually as citizens seek medical care abroad. This financial loss is prompting private healthcare providers to invest in advanced ultrasound technologies to retain patients domestically and improve the standard of care.

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. Nigeria 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. Nigeria Ultrasound Market – Analysis
6.1 Nigeria Ultrasound Market Revenue (US$ Million), 2021–2031
6.2 Nigeria Ultrasound Market Revenue and Forecast Analysis
7. Nigeria Ultrasound Market Analysis – by Product Type
7.1 Nigeria Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Product Type
8. Nigeria Ultrasound Market Analysis – by Portability
8.1 Nigeria Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Portability
9. Nigeria Ultrasound Market Analysis – by Application
9.1 Nigeria Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Application
10. Nigeria Ultrasound Market Analysis – by End User
10.1 Nigeria 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. Nigeria Ultrasound Market Segmentation
Table 2. List of Vendors
Table 3. Nigeria Ultrasound Market – Revenue, 2021–2024 (US$ Million)
Table 4. Nigeria Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. Nigeria Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Product Type
Table 6. Nigeria Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Product Type
Table 7. Nigeria Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Portability
Table 8. Nigeria Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Portability
Table 9. Nigeria Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 10. Nigeria Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 11. Nigeria Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by End User
Table 12. Nigeria 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. Nigeria 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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