Market Research Logo

Ultrasound Systems Market: Increased Consciousness Regarding Radiation Dose to Act as a Strong Driver: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028

Ultrasound Systems Market: Increased Consciousness Regarding Radiation Dose to Act as a Strong Driver: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028

High Penetration of Hand-Held Ultrasound Systems to Stay Trending in the Current Market Scenario

Ultrasound imaging has gained popularity mostly with the cases of pregnant women. It is utilized to help analyze the reasons for diagnosis, swelling and contamination in the body's interior organs and to inspect an infant in pregnant women and the brain and hips in newborn young ones. With the rise in frequency of ultrasound imaging centers and advancement in technologies, there is an emergence of a compact and easy to use form of ultra sound systems. Widely known as hand-held systems these machines are witnessing an increase in use of ultrasound scanners by the various non-radiologists to aid in clinical examinations or practical procedures. The consistent falling in pricing has made it more widely adopted. The overall market for hand-held ultrasound systems is expected to reach a market value of over US$ 2,300 Mn by the end of 2028, growing at a CAGR of 6.5% during the forecast period.

Mobile connected visualization is also an integration in the Ultrasound Systems market

Most of the machines in the healthcare industry are worked upon to integrate Artificial Intelligence. This has opened the new horizons of the health care and health related services. The technology is already a part of ultrasound machines, which now provides a 2D-3D image of the examination too. These machines are being made compact and easy to use to reduce the effort required, just like any other medical examination machine.

The hand-held or compact form of ultrasound systems are now integrated with the mobile connectivity. It is the technology allowing wireless connectivity with mobile or tablet for visualization in real-time diagnosis. This technologically advanced device also contributes in reducing queuing time alone with along with real-time monitoring in point-of-care facilities. The trends are expected to completely abolish the use of traditional systems, as the new ones offer much more convenience to the users. Most of the end users are now preferring the use of portable systems which are equipped with many more features that provide better results.

High prices and reimbursement regulations may hinder the overall growth of Global Ultrasound Systems Market

High end ultrasound systems can cost a fortune for the healthcare providers. Especially the ones that are equipped with new and advanced technology, are higher in price and cannot be affordable for small scale hospitals or diagnostic centers. The top end machines usually cost US$ 55,000 to US$ 100,000 and governments of many regions do not provide enough grants for it. This has made many regions like Asia Pacific and Latin America more reluctant to afford it. This is primarily attributed to lack of awareness among patients about these systems, which negatively affects its uptake.

The market is also facing an impact of FDA regulations and reimbursement scenario. The regulations for ultrasound devices are quite stringent owing to the possible harms these devices could cause to the human body. It is required to be handled by equipment expert, however there is a serious lack of skilled labor in the industry, which may lower the adoption rate of advanced equipment. Also, lack of reimbursement policies and effective insurance cover for automated ultrasound scanning dissuades patients from opting for this technique as compared to other modalities. This ultimately restricts market growth.


1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
2.3. Company Description and Ultrasound Systems Market Research Coverage
3. Ultrasound Systems Market Opportunity Analysis
3.1. Macro-Economic Factors
3.2. Opportunity Analysis
4. Global Economic Outlook
4.1. Global Ultrasound Systems Market Outlook
5. Market Background
5.1. Technology Evolution & Assessment
5.2. List of Growth Hacking Manufacturers
5.3. Value Chain
5.4. Market Dynamics
5.4.1. Drivers
5.4.2. Restraints
5.5. Regulatory Scenario
5.6. Market Share Analysis
5.7. Market Structure Analysis
6. Macroeconomic Assumptions
7. Global Economic Outlook
8. Key Inclusions
8.1. Usage Trend in Ultrasound Systems
9. North America Ultrasound Systems Market Analysis 2013–2017 and Forecast 2018–2028
9.1. Introduction
9.2. Regional Market Trends
9.3. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
9.3.1. U.S.
9.3.2. Canada
9.4. Market Size (US$ Mn) Forecast By Country, 2018-2028
9.4.1. U.S.
9.4.2. Canada
9.5. Historical Market Size (US$ Mn) Trend Analysis By Modality, 2013-2017
9.5.1. Cart/Trolley Based
9.5.2. Compact/Hand Held
9.6. Market Size (US$ Mn) Forecast By Modality, 2018-2028
9.7. Historical Market Size (US$ Mn) Trend Analysis By Application, 2013-2017
9.7.1. Radiology
9.7.2. Obstetrics & Gynecology
9.7.3. Cardiology
9.7.4. Gastroenterology
9.7.5. Others
9.8. Market Size (US$ Mn) Forecast By Application, 2018-2028
9.9. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
9.9.1. Hospitals & Clinics
9.9.2. Diagnostic Imaging & Surgical Centers
9.9.3. ASCs
9.9.4. Others
9.10. Market Size (US$ Mn) Forecast By End User, 2018-2028
9.11. Drivers and Restraints: Impact Analysis
9.12. Market Attractiveness Analysis
9.12.1. By Country
9.12.2. By Modality
9.12.3. By Application
9.12.4. By End User
9.13. Key Market Participants – Intensity Mapping
9.14. Key Mergers & Acquisitions
10. Western Europe Ultrasound Systems Market Analysis 2013–2017 and Forecast 2018–2028
10.1. Introduction
10.2. Regional Market Trends
10.3. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
10.3.1. Germany
10.3.2. U.K
10.3.3. France
10.3.4. Italy
10.3.5. Spain
10.3.6. Rest of Western Europe
10.4. Market Size (US$ Mn) Forecast By Country, 2018-2028
10.4.1. Germany
10.4.2. U.K
10.4.3. France
10.4.4. Italy
10.4.5. Spain
10.4.6. Rest of Western Europe
10.5. Historical Market Size (US$ Mn) Trend Analysis By Modality, 2013-2017
10.5.1. Cart/Trolley Based
10.5.2. Compact/Hand Held
10.6. Market Size (US$ Mn) Forecast By Modality, 2018-2028
10.7. Historical Market Size (US$ Mn) Trend Analysis By Application, 2013-2017
10.7.1. Radiology
10.7.2. Obstetrics & Gynecology
10.7.3. Cardiology
10.7.4. Gastroenterology
10.7.5. Others
10.8. Market Size (US$ Mn) Forecast By Application, 2018-2028
10.9. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
10.9.1. Hospitals & Clinics
10.9.2. Diagnostic Imaging & Surgical Centers
10.9.3. ASCs
10.9.4. Others
10.10. Market Size (US$ Mn) Forecast By End User, 2018-2028
10.11. Drivers and Restraints: Impact Analysis
10.12. Market Attractiveness Analysis
10.12.1. By Country
10.12.2. By Modality
10.12.3. By Application
10.12.4. By End User
10.13. Key Market Participants – Intensity Mapping
10.14. Key Mergers & Acquisitions
11. Eastern Europe Ultrasound Systems Market Analysis 2013–2017 and Forecast 2018–2028
11.1. Introduction
11.2. Regional Market Trends
11.3. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
11.3.1. Russia
11.3.2. Poland
11.3.3. Rest of Eastern Europe
11.4. Market Size (US$ Mn) Forecast By Country, 2018-2028
11.4.1. Russia
11.4.2. Poland
11.4.3. Rest of Eastern Europe
11.5. Historical Market Size (US$ Mn) Trend Analysis By Modality, 2013-2017
11.5.1. Cart/Trolley Based
11.5.2. Compact/Hand Held
11.6. Market Size (US$ Mn) Forecast By Modality, 2018-2028
11.7. Historical Market Size (US$ Mn) Trend Analysis By Application, 2013-2017
11.7.1. Radiology
11.7.2. Obstetrics & Gynecology
11.7.3. Cardiology
11.7.4. Gastroenterology
11.7.5. Others
11.8. Market Size (US$ Mn) Forecast By Application, 2018-2028
11.9. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
11.9.1. Hospitals & Clinics
11.9.2. Diagnostic Imaging & Surgical Centers
11.9.3. ASCs
11.9.4. Others
11.10. Market Size (US$ Mn) Forecast By End User, 2018-2028
11.11. Drivers and Restraints: Impact Analysis
11.12. Market Attractiveness Analysis
11.12.1. By Country
11.12.2. By Modality
11.12.3. By Application
11.12.4. By End User
11.13. Key Market Participants – Intensity Mapping
11.14. Key Mergers & Acquisitions
12. Latin America Ultrasound Systems Market Analysis 2013–2017 and Forecast 2018–2028
Market forecast and analysis in Brazil, Mexico, and Rest of Latin America
12.1. Introduction
12.2. Regional Market Trends
12.3. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
12.3.1. Brazil
12.3.2. Mexico
12.3.3. Rest of Latin America
12.4. Market Size (US$ Mn) Forecast By Country, 2018-2028
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
12.5. Historical Market Size (US$ Mn) Trend Analysis By Modality, 2013-2017
12.5.1. Cart/Trolley Based
12.5.2. Compact/Hand Held
12.6. Market Size (US$ Mn) Forecast By Modality, 2018-2028
12.7. Historical Market Size (US$ Mn) Trend Analysis By Application, 2013-2017
12.7.1. Radiology
12.7.2. Obstetrics & Gynecology
12.7.3. Cardiology
12.7.4. Gastroenterology
12.7.5. Others
12.8. Market Size (US$ Mn) Forecast By Application, 2018-2028
12.9. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
12.9.1. Hospitals & Clinics
12.9.2. Diagnostic Imaging & Surgical Centers
12.9.3. ASCs
12.9.4. Others
12.10. Market Size (US$ Mn) Forecast By End User, 2018-2028
12.11. Drivers and Restraints: Impact Analysis
12.12. Market Attractiveness Analysis
12.12.1. By Country
12.12.2. By Modality
12.12.3. By Application
12.12.4. By End User
12.13. Key Market Participants – Intensity Mapping
12.14. Key Mergers & Acquisitions
13. Asia Pacific Excluding China & Japan Ultrasound Systems Market Analysis 2013–2017 and Forecast 2018–2028
13.1. Introduction
13.2. Regional Market Trends
13.3. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
13.3.1. India
13.3.2. China
13.3.3. Australia and New Zealand
13.3.4. ASEAN
13.3.5. Rest of APECJ
13.4. Market Size (US$ Mn) Forecast By Country, 2018-2028
13.4.1. India
13.4.2. China
13.4.3. Australia and New Zealand
13.4.4. ASEAN
13.4.5. Rest of APECJ
13.5. Historical Market Size (US$ Mn) Trend Analysis By Modality, 2013-2017
13.5.1. Cart/Trolley Based
13.5.2. Compact/Hand Held
13.6. Market Size (US$ Mn) Forecast By Modality, 2018-2028
13.7. Historical Market Size (US$ Mn) Trend Analysis By Application, 2013-2017
13.7.1. Radiology
13.7.2. Obstetrics & Gynecology
13.7.3. Cardiology
13.7.4. Gastroenterology
13.7.5. Others
13.8. Market Size (US$ Mn) Forecast By Application, 2018-2028
13.9. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
13.9.1. Hospitals & Clinics
13.9.2. Diagnostic Imaging & Surgical Centers
13.9.3. ASCs
13.9.4. Others
13.10. Market Size (US$ Mn) Forecast By End User, 2018-2028
13.11. Drivers and Restraints: Impact Analysis
13.12. Market Attractiveness Analysis
13.12.1. By Country
13.12.2. By Modality
13.12.3. By Application
13.12.4. By End User
13.13. Key Market Participants – Intensity Mapping
13.14. Key Mergers & Acquisitions
14. Japan Ultrasound Systems Market Analysis 2013–2017 and Forecast 2018–2028
14.1. Introduction
14.2. Regional Market Trends
14.3. Historical Market Size (US$ Mn) Trend Analysis By Modality, 2013-2017
14.3.1. Cart/Trolley Based
14.3.2. Compact/Hand Held
14.4. Market Size (US$ Mn) Forecast By Modality, 2018-2028
14.5. Historical Market Size (US$ Mn) Trend Analysis By Application, 2013-2017
14.5.1. Radiology
14.5.2. Obstetrics & Gynecology
14.5.3. Cardiology
14.5.4. Gastroenterology
14.5.5. Others
14.6. Market Size (US$ Mn) Forecast By Application, 2018-2028
14.7. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
14.7.1. Hospitals & Clinics
14.7.2. Diagnostic Imaging & Surgical Centers
14.7.3. ASCs
14.7.4. Others
14.8. Market Size (US$ Mn) Forecast By End User, 2018-2028
14.9. Drivers and Restraints: Impact Analysis
14.10. Market Attractiveness Analysis
14.10.1. By Modality
14.10.2. By Application
14.10.3. By End User
14.11. Key Market Participants – Intensity Mapping
14.12. Key Mergers & Acquisitions
15. Middle East and Africa Ultrasound Systems Market Analysis 2013–2017 and Forecast 2018–2028
15.1. Introduction
15.2. Regional Market Trends
15.3. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017
15.3.1. GCC Countries
15.3.2. South Africa
15.3.3. Rest of MEA
15.4. Market Size (US$ Mn) Forecast By Country, 2018-2028
15.4.1. GCC Countries
15.4.2. South Africa
15.4.3. Rest of MEA
15.5. Historical Market Size (US$ Mn) Trend Analysis By Modality, 2013-2017
15.5.1. Cart/Trolley Based
15.5.2. Compact/Hand Held
15.6. Market Size (US$ Mn) Forecast By Modality, 2018-2028
15.7. Historical Market Size (US$ Mn) Trend Analysis By Application, 2013-2017
15.7.1. Radiology
15.7.2. Obstetrics & Gynecology
15.7.3. Cardiology
15.7.4. Gastroenterology
15.7.5. Others
15.8. Market Size (US$ Mn) Forecast By Application, 2018-2028
15.9. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
15.9.1. Hospitals & Clinics
15.9.2. Diagnostic Imaging & Surgical Centers
15.9.3. ASCs
15.9.4. Others
15.10. Market Size (US$ Mn) Forecast By End User, 2018-2028
15.11. Drivers and Restraints: Impact Analysis
15.12. Market Attractiveness Analysis
15.12.1. By Country
15.12.2. By Modality
15.12.3. By Application
15.12.4. By End User
15.13. Key Market Participants – Intensity Mapping
15.14. Key Mergers & Acquisitions
16. Forecast Factors: Relevance and Impact
17. Forecast Assumptions
18. Market Structure Analysis
18.1.Market Structure by Tier of Companies
18.2.Market Share Analysis (2016) for Top 10 Players, By Region
18.3.Pricing Analysis By Key Players, By Region
19. Competition Analysis
19.1.Competition Dashboard
19.2.Competition Benchmarking
19.3.Profitability and Gross Margin Analysis By Competition
19.4.Company Deep Dive
19.4.1. Philips Healthcare
19.4.1.1. Overview
19.4.1.2. Product and Infection Type Portfolio
19.4.1.3. Production Footprint
19.4.1.4. Sales Footprint
19.4.1.5. Channel Footprint
19.4.1.6. Strategy
19.4.1.6.1. Marketing Strategy
19.4.1.6.2. Product Strategy
19.4.1.6.3. Channel Strategy
19.4.2. Siemens Healthcare
19.4.2.1. Overview
19.4.2.2. Product and Infection Type Portfolio
19.4.2.3. Production Footprint
19.4.2.4. Sales Footprint
19.4.2.5. Channel Footprint
19.4.2.6. Strategy
19.4.2.6.1. Marketing Strategy
19.4.2.6.2. Product Strategy
19.4.2.6.3. Channel Strategy
19.4.3. General Electric
19.4.3.1. Overview
19.4.3.2. Product and Infection Type Portfolio
19.4.3.3. Production Footprint
19.4.3.4. Sales Footprint
19.4.3.5. Channel Footprint
19.4.3.6. Strategy
19.4.3.6.1. Marketing Strategy
19.4.3.6.2. Product Strategy
19.4.3.6.3. Channel Strategy
19.4.4. Analogic Corporation
19.4.4.1. Overview
19.4.4.2. Product and Infection Type Portfolio
19.4.4.3. Production Footprint
19.4.4.4. Sales Footprint
19.4.4.5. Channel Footprint
19.4.4.6. Strategy
19.4.4.6.1. Marketing Strategy
19.4.4.6.2. Product Strategy
19.4.4.6.3. Channel Strategy
19.4.5. Esaote S.p.A.
19.4.5.1. Overview
19.4.5.2. Product and Infection Type Portfolio
19.4.5.3. Production Footprint
19.4.5.4. Sales Footprint
19.4.5.5. Channel Footprint
19.4.5.6. Strategy
19.4.5.6.1. Marketing Strategy
19.4.5.6.2. Product Strategy
19.4.5.6.3. Channel Strategy
19.4.6. Samsung Medison Co. Ltd.
19.4.6.1. Overview
19.4.6.2. Product and Infection Type Portfolio
19.4.6.3. Production Footprint
19.4.6.4. Sales Footprint
19.4.6.5. Channel Footprint
19.4.6.6. Strategy
19.4.6.6.1. Marketing Strategy
19.4.6.6.2. Product Strategy
19.4.6.6.3. Channel Strategy
19.4.7. FUJIFILM Holdings Corporation
19.4.7.1. Overview
19.4.7.2. Product and Infection Type Portfolio
19.4.7.3. Production Footprint

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report