Ultrasound Equipment Market by Product Type, End-user and Geography - Forecast and Analysis 2023-2027

  • Published: Apr 2023
  • Pages: 171
  • SKU: IRTNTR71418

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Ultrasound Equipment market growth will increase by $2346.7 million during 2023-2027.
The ultrasound equipment market is expected to grow at a CAGR of 5.24% during 2023-2027.
Technavio has segmented the ultrasound equipment market by product type (Stationary ultrasound equipment and Portable ultrasound equipment) ,end-user (Hospitals, Imaging centers, Research centers, and Others) , and geography (North America, Asia, Europe, and Rest of World (ROW)).
BenQ Medical Technology Corp., BMV Medtech Group Co. Ltd., Boston Scientific Corp., Canon Inc., Carestream Health Inc., Chison Medical Technologies Co. Ltd., ContextVision AB, EchoNous Inc., Esaote Spa, FUJIFILM Corp., GE Healthcare Technologies Inc., GlobalMed, Healcerion Co. Ltd., Hologic Inc., Iljin Co. Ltd., Konica Minolta Inc., Koninklijke Philips NV, MedGyn Products Inc., Mindray Bio medical Electronics Co. Ltd, Samsung Electronics Co. Ltd., Shenzhen Bestman Instrument Co. Ltd., Siemens AG, Sonostar, Telemed Ultrasound, Trivitron Healthcare, Wuhan Zhongqi Biomedical Electronics Co. Ltd. are a few of the key vendors in the ultrasound equipment market.
North America will register the highest growth rate of 34.66% among the other regions. Therefore, the ultrasound equipment market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the ultrasound equipment market growth are:
  • Broader applications of ultrasound equipment
  • Integration of Artificial Intelligence into Ultrasound
The ultrasound equipment market vendors should focus on grabbing business opportunities from the Stationary ultrasound equipment segment as it accounted for the largest market share in the base year.
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