Ultrasound Devices Industry Was Dominated by Europe

The total size of the ultrasound devices market was at USD 6,929.7 million in 2021, and it will grow at a rate of 6.4% by the end of this decade, to reach USD 12,073.4 million by 2030.

The medical device tech is transitioning in the direction of miniaturization, with transportable, lightweight devices substituting their bulky counterparts. For providing point-of-care treatment to patients, healthcare institutions are laying much emphasis on the employment of lightweight and compact devices.

Due to this, manufacturers in are introducing portable devices for facilitating improved healthcare.

Hence, the diminishment of ultrasound devices has brought about increased use in emergency and ICUs.

Handheld devices come good for physicians in routine bedside scanning, which additionally decreases the overall cost and time related with healthcare.

Used in deep therapy. So, compact/handheld portable ultrasound devices had a major share.

The ageing population necessitates wide-ranging care as it is susceptible to to illnesses as a result of its low levels of immunity, with the long recovery time additionally degrading its life quality.

Diseases like diabetes and cardiac disorders are extremely prevalent in elder people as a result of their weak regenerative abilities, therefore leading to a surge in the requirement for improved diagnosis and therapy.

Ultrasonic imaging is a prevailing diagnostic tool for medical practitioners and researchers, and it is extensively acknowledged by reason of its non-invasive nature. Furthermore, the tech progressions in computing applications and transducers have transformed them and prolonged their application.

Furthermore, device display is divided into B/W, color ultrasound of which the demand for color variants will grow with a rate of about 7% in the years to come.

In the recent past, the general imaging category dominated the ultrasound devices market with about 40%, as stated by a market research company, P&S Intelligence.

This is as a result of the increasing obtainability of HIFU and the preference for them amongst physicians throughout tissue biopsy and the cancer treatment and a number of other diseases.

Furthermore, end users demand for these kinds of devices is the highest amongst surgical centers, hospitals, and diagnostics centers. This can be credited to the easy obtainability of sonography-based medical processes at these medical centers, development in in key regions, and increase in the usage of MIS diagnostic and surgical procedures here.

Europe had the most sales revenue, about 40%, in in the recent past. The development in focused ultrasound's clinical uses and the early commercialization of these devices, along with the considerable healthcare outlay across the advanced European nations, are helping the industry to grow.

It is because of the increasing elderly population across the world, the demand for ultrasound devices is on the rise, in the years to come.

Size Breakdown by Segment

Based on Technology

• Diagnostic

o 2D

o 3D & 4D

o Doppler

• Therapeutic

o High-intensity focused ultrasound (HIFU)

o Extracorporeal shockwave lithotripsy (ESWL)

Based on Device Display

• Color

• B/W

Based on Portability

• Trolley/Cart-Based

• Compact/Handheld

• Point-of-Care (POC)

Based on Application

• General Imaging

o Abdominal

o Musculoskeletal

o Vascular

o Urology

• Obstetrics/Gynecology

• Cardiology

• Pain Management

Based on End User

• Hospitals, Surgical Centers, and Diagnostic Centers

• Maternity Centers

• Ambulatory Care Centers

• Research and Academic Institutes

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.