Ultrasound Devices Market To Grow By CAGR Of ~5% During 2022 2031 On The Back Of Prevailing Cancer Patients And Growing Population


(MENAFN- America News Hour)

Research Nester published a report titled“Ultrasound Devices Market : GlobalDemand Analysis & Opportunity Outlook 2031” which delivers a detailed overview of the global ultrasound devices market in terms of market segmentation by application, technology, end-user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion of current and future market trends that are associated with the growth of the market.

The global ultrasound devices market is estimated to garner a CAGR of ~5% during the forecast period, i.e., 2022-2031. The market is segmented by end-user into hospitals, clinical centers, and research centers, out of which, the hospital sub-segment is expected to grow significantly. With the increasing number of cancer patients worldwide, the patients flow has also been increased substantially. On account of this the global ultrasound devices market is expected to grow substantially during the forecast period.

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The global ultrasound devices market is expected to grow significantly during the forecast period, on the back of rising worldwide population. Moreover, the ultrasound machine is helpful in diagnosing enlargement in spleen, gallstones and fatty liver. As the obesity is increasing at a startling rate cases of fatty liver are also mushrooming. Furthermore, the global ultrasound devices market is expected to grow significantly during the forecast period on the back of growing population worldwide.

Regionally, the global ultrasound devices market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. The market in North America region is estimated to notice significant growth over the forecast period on the back of well-established healthcare infrastructure. Furthermore, the market in Asia Pacific region is also expected to grow over the forecast period owing to presence of highly populous countries. 

The research is global in nature and covers a detailed analysis of the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players' competitive study, investment opportunities, demand for future outlook, etc. have also been covered and displayed in the research report.

Growing Lung and Stomach Cancer likely to Revitalize the Market Growth

The global ultrasound devices market is expected to grow significantly on the back growing population and rising cases of lung and stomach cancer. According to the data given by World Health Organization there were a total 2.21 million lung cancer patients. On account of this, the global ultrasound devices market is expected to grow significantly during the forecast period.

However, high cost of the machines is expected to operate as a key restraint to the growth of the global ultrasound devices market over the forecast period.

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This report also provides the existing competitive scenario of some of the key players of the global ultrasound devices market which includes company profiling of Koninklijke Philips N.V., General Electric Company, Siemens Healthcare GmbH, CANON MEDICAL SYSTEMS CORPORATION, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Samsung Medison Co., Ltd., FUJIFILM Sonosite, Inc., ESAOTE SPA, KONICA MINOLTA, INC., Shantou Institute of Ultrasonic Instruments Co., and TERASON DIVISON TERATECH CORPORATION. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global ultrasound devices market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Research Nester:

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates, and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided the right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decisions in order to avoid future uncertainties.

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Research Nester

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