Ultrasound Devices Market, By Product Type (2D Ultrasound, 3D Ultrasound, 4D Ultrasound, Doppler Ultrasound, and High Frequency Focused Ultrasound), By Application (Cardiology, Radiology, Musculoskeletal, Obstetrics/Gynecology, and Others), By Device Portability (Trolley/Stationary Devices and Portable/Compact Devices), By End User (Hospitals, Diagnostic Centers, Ambulatory Surgery Centers), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jan 2024

Code : CMI438

Pages :161

Formats :

Excel and PDF

Industry : Medical Devices

Regional Analysis

Global Ultrasound Devices Market Regional Insights

North America: North America is the largest market for global ultrasound devices market, accounting for a share of over 45.0% in 2022. The North America ultrasound devices market is driven by factors such as the high prevalence of chronic diseases such as cancer, cardiovascular diseases, and gastrointestinal disorders. Furthermore, the rise in minimally invasive surgeries owing to benefits such as lesser pain, shorter hospital stays, and faster recovery is augmenting the requirement for ultrasound systems in surgical guidance procedures. On the other hand, the high cost of leading-edge ultrasound platforms and the paucity of skilled professionals to operate complex equipment’s are hindering market
Europe: Europe is the second-largest market for global ultrasound devices market, accounting for a share of over 30.3% in The Europe ultrasound devices market is driven by a rising geriatric population, the increasing application of ultrasound in therapeutic areas, and various technological advancements. However, a strict regulatory framework for approval of new devices can hinder market growth.
Asia Pacific: Asia Pacific is the fastest-growing market for global ultrasound devices market, accounting for a share of over 20.4% in 2022. The Asia Pacific ultrasound devices market has been witnessing significant growth in the recent past on account of increasing investments by governments as well as private players to promote ultrasound device usage. However, the lack of skilled professionals is one of the challenges hampering market growth in this region.

Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East