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The ultrasound transducer market size is forecast to increase by USD 838.3 million at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth due to the rising prevalence of chronic diseases, particularly malignant and benign tumors, which necessitate frequent imaging for diagnosis and monitoring. The advancements in ultrasound technology, such as refractive bending and soft-tissue contrast, have enhanced the clarity and accuracy of real-time images, making them an essential diagnostic tool. However, challenges remain, including the high costs associated with ultrasound systems and the limitations in imaging obese people and those with bowel gas.
Furthermore, the demand for ultrasound for therapeutic purposes, such as the detection of gynecologic tumors, liver metastasis, kidneys, and para-aortic nodes, is increasing. Acoustic waves and echogenicity are crucial factors in the diagnostic accuracy of ultrasound, while Doppler images provide valuable information on blood flow. Despite these advancements, ionizing radiation remains a concern for some patients, making ultrasound an attractive alternative for non-invasive imaging.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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