How is Demand from Medical Diagnostics Sector Fuelling Sales of Ultrasound Systems

Demand for standalone and tabletop ultrasound systems is rising steadily, and industry players are set to witness increase in revenue over the coming years. 2D ultrasound technology is expected remain extremely popular across regions, shaping the expansion strategies of market players.

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The latest revised market study by Fact.MR offers a holistic overview of the global industry along with its driving and restraining factors and demand-supply trajectories for the forecast period of 2021 to 2031. As stated in the report, the global ultrasound systems will ascend at over 6% CAGR topping a valuation of US$ 8.5 billion in 2031.

Key Takeaways from Market Study

• High requirement for standalone ultrasound systems likely to be witnessed
• Rise in demand from hospitals to fuel sales
• Growing application in cardiology to cater to industry growth
• Surge in demand for 2D ultrasound technology to aid growth of suppliers
• The United States remains at the forefront of the ultrasound systems industry
• The market in Germany to exhibit hegemony in Europe
• China, Japan, India, Canada, France, and the United Kingdom to emerge as lucrative markets
• Asia Pacific to register the fastest growth throughout the forecast period

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Market Segmentation by Category

• Portability
  • Standalone Ultrasound Systems
  • Table-Top Ultrasound Systems
  • Portable Ultrasound Systems
• End User
  • Ultrasound Systems for Hospitals
  • Ultrasound Systems for Diagnostic Centers
  • Ultrasound Systems for Ambulatory Surgical Centers

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Important doubts related to the market clarified in the report:

1. Which regional market is expected to witness the highest growth during the forecast period?
2. How has the surging prices of raw materials impacted the growth of the market?
3. Why are market players focusing on R&D and innovations?
4. Are market players expanding their global presence? If yes, how?
5. What is the estimated value of the market in 2019?

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