Global Ultrasound Systems Market Is Growing Steadily And Is Expected To Ascend At Over 6% CAGR Through 2031

Healthcare

The global ultrasound systems market is growing steadily and is expected to ascend at over 6% CAGR through 2031. Rise in application in cardiology, radiology, vascular, and other sectors coupled with growing demand from hospitals and diagnostic centers is spurring the growth of ultrasound system manufacturers.

The recent revised edition of the report on ‘ultrasound systems’ by Fact.MR provides a detailed analysis of the global industry, while giving insights on the demand-supply patterns and emerging trends in ultrasound imaging, and the future of the ultrasound market during the forecast period of 2021 to 2031. According to the report, North America and Europe will hold major share of the global industry, while Asia Pacific will exhibit the fastest growth rate during the forecast period.

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Ultrasound Systems Market- Competitive Landscape

Prominent players in the Ultrasound Systems Industry are taking advantage of the rapidly increasing demand for the Ultrasound Systems in various applications. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale vendors. Some prominent market developments are as follows:

  • In February 2022, Butterfly Network Inc. and Ambra Health announced a partnership to accelerate and simplify interoperability for bedside imaging data. This partnership strengthens the scalability of Butterfly Blueprint, Butterfly’s enterprise platform, and will enhance access to, and shareability of valuable ultrasound information across hospitals and health systems.
  • In December 2021, EagleView ultrasound introduced its wireless portable ultrasound device, which provides ultrasound imaging much freedom, and makes the point-of-care solution more affordable too.
  • In September 2021, GE Healthcare acquired BK Medical which extended GE Healthcare’s ultrasound portfolio into surgical visualization and boosted its growth in precision health.
  • In March 2021, Koninklijke Philips N.V. partnered with DiA Imaging Analysis Ltd. Through this arrangement, Philips will utilize/integrate DiA’s automated solutions with ultrasound systems to deliver operational efficiency and access to care for POC customers in and out of hospitals.
  • In October 2020, GE Healthcare partnered with St. Luke’s University; GE has installed 76 ultrasound units to standardize the care in radiology, vascular, and echocardiography applications.

Key Segments Covered in the Ultrasound Systems Industry Survey

  • By Portability :

    • Standalone
    • Table-Top
    • Portable
  • By End User :

    • Hospitals
    • Diagnostic Centers
    • Ambulatory Surgical Centers
    • Others
  • By Application :

    • Cardiology Diagnostics
    • Radiology Diagnostics
    • Urology Diagnostics
    • Vascular Diagnostics
    • Gynecology Diagnostics
    • Others
  • By Technology :

    • 2D Ultrasound Machines
    • 3D Ultrasound Machines
    • 4D Ultrasound Machines
    • Doppler
    • High-intensity Focused
    • Extracorporeal Shockwave Lithotripsy Systems
  • By Region :

    • North America
    • Latin America
    • Europe
    • Middle East and Africa (MEA)
    • APEJ
    • Japan

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