Ultrasound Probe Market
Global Ultrasound Probe Market Size, Share & Trends Analysis Report by Type (Linear Type, Convex Type, Phased Array Type, Endocavitary Type, and Others), By Applications (OB-Gyn, Urology, Vascular & Nervous System, Renal / Digestive, Musculoskeletal, Abdominal, Gynecology, Cardiology, and Others) and by End-User (Hospitals, Clinics, Diagnostic Centers, Ambulatory Surgical Centers, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global ultrasound probe market is anticipated to grow at a significant CAGR of around 4.6% during the forecast period. The rising number of ultrasound imaging procedures and advancement in diagnostic ultrasound imaging procedures is helping in improving diagnosis by providing immediate clinical information. Instant diagnostic data is instantly available and has consequently helped in reducing overall healthcare costs by replacing with most expensive diagnostic exams and this factor of ultrasound imaging procedures is propelling the growth of the ultrasound probe market. The added cost of storage cabinets and maintenance is a major factor that is limiting the adoption of automated probe reprocessors among end-users with limited budgets and it is hampering the ultrasound probe market to grow. Ultrasound is a routine procedure that is performed throughout pregnancy for evaluating the health and development of the fetus through ultrasound images and the rising number of childbirth across the globe is anticipated to increase the adoption of new ultrasound probe technology in OB/Gyn and national is an opportunity for the market.
Impact of COVID-19 Pandemic on Global Ultrasound Probe Market
Due to high viral transmissibility, there is a considerably higher risk to frontline healthcare workers to develop severe acute respiratory syndrome COVID-19. Various diagnostic imaging procedures particularly ultrasound was at high risk due to surface transmission as a result of frequent direct contact with large numbers of patients. In COVID-19 ultrasound imaging procedure drastically decreased and the consumables market is seen to be affected by the decrease in imaging procedure due to decrease procedures in COVID19 the ultrasound probe use and demand from end users both were decreased.
Segmental Outlook
The global ultrasound probe market is segmented based on the type, application, and end-user. Based on the type, the market is segmented into type, convex type, phased array type, endocavitary type, and others. Based on the application, the market is segmented into ob-gyn, urology, vascular & nervous system, renal/digestive, musculoskeletal, abdominal, gynecology, cardiology, and others. Based on the end-user, the market is sub-segmented into hospitals, clinics, diagnostic centers, ambulatory surgical centers, and others. Among the end-user segment, ambulatory surgical centers are the fastest growing owing to convenience, cost-effectiveness, and competition not only offers lower co-pays, which make it easier for lower-income patients to receive care but these types of outpatient centers also provide quick and convenient treatment.
Global Ultrasound Probe Market Share by Type, 2021 (%)
The Convex Type Segment is Dominating in the Global Ultrasound Probe Market
Among type segments, convex type probe sub-segments dominate owing to various benefits that are associated with the convex probe. Benefits of the convex probe are such as high efficiency, due to wider footprint and it focuses on the deep part of the organ compared to other transducers product types. Additionally, this device gives more clear images and highly improved reliability in ultrasound and this is ideal for in-depth investigation in various disorders. Furthermore, convex probes are highly adopted in the diagnosis of transvaginal, abdominal, and transrectal conditions, and such factors are attributed to increasing the ultrasound probe market across the globe. For instance, in December 2021 EagleView launched, a wireless portable ultrasound device, it connects to the tablet or phone with an iOS and Android app. The probe works as a linear probe ultrasound, convex probe, and phased array ultrasound probe at the same time.
Regional Outlooks
The global ultrasound probe market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East &Africa, and Latin America). North America is dominating in the global ultrasound probe market due to the well-established infrastructure and growing healthcare system in the region and the presence of major key players.
Global Ultrasound Probe Market Growth, by Region 2022-2028
The Asia-Pacific Region is Fastest Growing in the Global Ultrasound Probe Market
The Asia Pacific is the fastest-growing region in the global ultrasound probe market that is attributed to technological advancements in healthcare, a rise in population, and a rise in the number of ultrasound diagnostic procedures performed every year, especially in China and India. China and India are anticipated to increase in the number of childbirths in the coming years both the countries are noted for the highest number of preterm childbirth. Moreover, Preterm births have a higher requirement for ultrasound imaging procedures in comparison to normal births due to the OB/GYN complications associated with these pregnancies.
Market Players Outlook
The major companies serving the global Ultrasound Probe market include FUJIFILM Corp, General Electric Co., Philips International B.V, Samsung Electronics, Samsung Medison, Siemens Healthcare, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Teratech Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2020, Butterfly Network launched a single-probe, whole-body ultrasound system that connects to a mobile device and features an integrated telemedicine platform. Ultrasound-on Chip technology and collaborated with the American College of Cardiology.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Ultrasound Probe market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Ultrasound Probe Market
• Recovery Scenario of Global Ultrasound Probe Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. FUJIFILM Corp.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. General Electric Co.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Philips International B.V
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Samsung Electronics and Samsung Medison
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Siemens Healthcare
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Ultrasound Probe Market by Type
4.1.1. Linear Type
4.1.2. Convex Type
4.1.3. Phased Array Type
4.1.4. Endocavitary Type
4.1.5. Others
4.2. Global Ultrasound Probe Market by Application
4.2.1. OB-Gyn
4.2.2. Urology
4.2.3. Vascular & Nervous System
4.2.4. Renal / Digestive
4.2.5. Musculoskeletal
4.2.6. Abdominal
4.2.7. Gynecology
4.2.8. Cardiology
4.2.9. Others
4.3. Global Ultrasound Probe Market by End-User
4.3.1. Hospitals
4.3.2. Clinics
4.3.3. Diagnostic Centers
4.3.4. Ambulatory Surgical Centers
4.3.5. Others
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Alpinion Medical Systems Co., Ltd.
6.2. Avante Health Solutions
6.3. Canon Medical Systems Corp
6.4. CHISON Medical Technologies Co., Ltd.
6.5. Clarius Mobile Health Corp.
6.6. Esaote Group
6.7. Hitachi Metals, Ltd.
6.8. Hologic, Inc.
6.9. PartsSource, Inc.
6.10. Providian Medical
6.11. Medgyn Products, INC.
6.12. Neusoft Corp.
6.13. Shenzhen Jiarui Electronic Technology Co., Ltd
6.14. Shenzhen Landwind Industry Co.
6.15. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
6.16. SIUI
6.17. SonoScape Medical Corp.
6.18. Teratech Corp .
1. GLOBAL ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
2. GLOBAL LINEAR TYPE ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL CONVEX TYPE ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL PHASED ARRAY TYPE ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL ENDOCAVITARY TYPE ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL OTHER ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
8. GLOBAL ULTRASOUND PROBE IN OB-Gyn MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL ULTRASOUND PROBE IN UROLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL ULTRASOUND PROBE IN VASCULAR & NERVOUS SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL ULTRASOUND PROBE IN RENAL / DIGESTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL ULTRASOUND PROBE IN MUSCULOSKELETAL MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL ULTRASOUND PROBE IN ABDOMINAL TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL ULTRASOUND PROBE IN GYNECOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL ULTRASOUND PROBE IN CARDIOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL ULTRASOUND PROBE IN OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
17. GLOBAL ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
18. GLOBAL ULTRASOUND PROBE FOR HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
19. GLOBAL ULTRASOUND PROBE FOR CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
20. GLOBAL ULTRASOUND PROBE FOR DIAGNOSTIC CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
21. GLOBAL ULTRASOUND PROBE FOR AMBULATORY SURGICAL CENTERS TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
22. GLOBAL ULTRASOUND PROBE FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
23. GLOBAL ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
24. NORTH AMERICAN ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
25. NORTH AMERICAN ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
26. NORTH AMERICAN ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
27. NORTH AMERICAN ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY, END-USER 2020-2027 ($ MILLION)
28. EUROPEAN ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
29. EUROPEAN ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
30. EUROPEAN ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
31. EUROPEAN ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
32. ASIA-PACIFIC ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
33. ASIA-PACIFIC ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
34. ASIA-PACIFIC ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
35. ASIA-PACIFIC ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
36. REST OF THE WORLD ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
37. REST OF THE WORLD ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
38. REST OF THE WORLD ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY APPLICATION,2020-2027 ($ MILLION)
39. REST OF THE WORLD ULTRASOUND PROBE MARKET RESEARCH AND ANALYSIS BY END-USER,2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL ULTRASOUND PROBE MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL ULTRASOUND PROBE MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL ULTRASOUND PROBE MARKET, 2021-2027 (%)
4. GLOBAL ULTRASOUND PROBE MARKET SHARE BY TYPE, 2020 VS 2027 (%)
5. GLOBAL LINEAR TYPE ULTRASOUND PROBE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL CONVEX TYPE ULTRASOUND PROBE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL PHASED ARRAY TYPE ULTRASOUND PROBE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL ENDOCAVITARY TYPE ULTRASOUND PROBE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL CONVEX TYPE ULTRASOUND PROBE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL OTHERS ULTRASOUND PROBE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL ULTRASOUND PROBE MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
12. GLOBAL ULTRASOUND PROBE FOR OB-GYN MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL ULTRASOUND PROBE FOR UROLOGY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL ULTRASOUND PROBE FOR VASCULAR & NERVOUS SYSTEM MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL ULTRASOUND PROBE FOR RENAL / DIGESTIVE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL ULTRASOUND PROBE FOR MUSCULOSKELETAL MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
17. GLOBAL ULTRASOUND PROBE FOR ABDOMINAL MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
18. GLOBAL ULTRASOUND PROBE FOR GYNECOLOGY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
19. GLOBAL ULTRASOUND PROBE FOR CARDIOLOGY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
20. GLOBAL ULTRASOUND PROBE FOR OTHER APPLICATIONS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
21. GLOBAL ULTRASOUND PROBE MARKET SHARE BY END-USER, 2020 VS 2027 (%)
22. GLOBAL ULTRASOUND PROBE FOR HOSPITALS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
23. GLOBAL ULTRASOUND PROBE FOR CLINIS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
24. GLOBAL ULTRASOUND PROBE FOR DIGNOSTIC CENETRS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
25. GLOBAL ULTRASOUND PROBE FOR AMBULATORY SURGICAL CENTERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
26. GLOBAL ULTRASOUND PROBE FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)GLOBAL ULTRASOUND PROBE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
27. US ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
28. CANADA ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
29. UK ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
30. FRANCE ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
31. GERMANY ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
32. ITALY ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
33. SPAIN ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
34. REST OF EUROPE ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
35. INDIA ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
36. CHINA ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
37. JAPAN ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
38. SOUTH KOREA ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
39. REST OF ASIA-PACIFIC ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
40. REST OF THE WORLD ULTRASOUND PROBE MARKET SIZE, 2020-2027 ($ MILLION)
