Diagnostic Ultrasound Segment to Dominate the United States Ultrasound System Market
Favourable reimbursement policies and increasing occurrence of chronic diseases is expected to drive United States ultrasound system market for the forecast period.
According to TechSci Research report, “United States Ultrasound System Market By Technology (Diagnostic Ultrasound v/s Therapeutic Ultrasound) By Display Type (Black & White v/s Colored) By Mobility (Fixed v/s Mobile) By Application (General Imaging, Obstetrics/Gynecology, Cardiology, Urology, Orthopedic & Musculoskeletal, Others) By End User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others) By Company, By Region, Forecast & Opportunities, 2026”, The United States ultrasound system market is expected to witness significant growth for the next five years. Ultrasound system is a medical device which uses high frequency to capture images of internal organs. High expenditure on healthcare industry and rise in awareness regarding the benefits of early diagnosis is expected to fuel the growth of the ultrasound system market. Rise in prevalence of chronic conditions and the demand for less invasive diagnostic procedures along with surgical procedures is anticipated to boost the growth of the ultrasound system market.
The COVID-19 outbreak across the world which has been declared as pandemic by World Health Organization has affected countries adversely. Leading authorities in United States imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Coronavirus affected patients started suffering from shortness of breath along with coughing and sneezing. United States authorities increased the capacity of hospitals as a greater number of patients were getting affected daily and getting admitted into the hospital facilities. Ultrasound system market suffered a set-back due to disruption in supply chain, shut-down of manufacturing units and unfavorable changes in regulations and guidelines is restraining the growth of the ultrasound system market. After the pandemic is in a controlled state, the ultrasound system market is expected to pick up the pace eventually.
However, growing preference for refurbished ultrasound equipment due to its lower cost than brand new equipment may create hindrance in the growth of the ultrasound systems market.
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United States ultrasound system market is segmented into technology, display type, mobility, application, end user, regional distribution, and company. Based on mobility, market is further bifurcated into fixed and mobile. The mobile segment is expected to account for major market share for the forecast period, 2022-2026. High demand for mobile ultrasound systems in emergency and acute care settings in healthcare facilities is expected to accelerate the ultrasound system market growth. Based on application, market is fragmented into general imaging, obstetrics/gynecology, cardiology, urology, orthopedic & musculoskeletal and others. The general imaging segment is anticipated to dominate the market for the next five years due to technological advancements in ultrasound technology and growing preference of HIFU in cancer treatment. High demand for focused ultrasound in disease therapies and usage of ultrasound technique for tissue biopsy are the other two contributing factors surging the growth of ultrasound system market. Based on end user, ultrasound system market is majorly categorized into hospitals & clinics, diagnostic centers, ambulatory care centers and others. The hospitals & clinic segment is expected to hold largest market share for the predicted period. High number of ultrasound procedures performed in hospital facilities couped with rise in number of hospitals in United States is expected to fuel the ultrasound system market growth. Rise in demand for minimally invasive procedures and technological advancements is expected to accelerate the ultrasound system market growth.
GE Healthcare, Philips Healthcare (USA), Siemens Medical Solutions USA, Inc., Fujifilm Holdings America Corporation, Shimadzu Medical Systems USA, Hologic, Inc., Carestream Health, Inc., Analogic Corporation, Esaote North America, Inc., Konica Minolta Healthcare Americas are the leading players operating in United States ultrasound system market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several ultrasound system manufacturers are coming up with their technologically advanced offerings.
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“Rise in use of ultrasound technology in therapeutic procedures such as cancer treatment and renal stones in addition with conventional diagnostic procedures is surging the demand for ultrasound system in healthcare facilities. Increase in adoption of minimally invasive and image-guided procedures and use of advanced technologies such as 3D and 4D ultrasound, doppler ultrasound is expected to boost the ultrasound system market. Market players are investing huge amount for research and development activities of ultrasound system which is further expected to propel the market growth until 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States Ultrasound System Market By Technology (Diagnostic Ultrasound v/s Therapeutic Ultrasound) By Display Type (Black & White v/s Colored) By Mobility (Fixed v/s Mobile) By Application (General Imaging, Obstetrics/Gynecology, Cardiology, Urology, Orthopedic & Musculoskeletal, Others) By End User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others) By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of United States ultrasound system market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of United States ultrasound system market.
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