Global Next-Generation Ultrasound System Market Overview: 2024-2030

Base Year: 2023

Historical Years:  2019-22

Forecast Years: 2024-2030

The Global Next-Generation Ultrasound Systems Market size was valued at around USD 10.3 billion in 2023 & is expected to reach about USD 15.79 billion by 2030. The market is expected to grow at a CAGR of around 6.3% during the forecast period of 2024-30.  The Global Next-Generation Ultrasound System Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.

Markntel Advisor’s Global Next-Generation Ultrasound System Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Next-Generation Ultrasound System Market drivers, barriers, Global Next-Generation Ultrasound System Market Trends, and Key Players in Global Next-Generation Ultrasound System Market.

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Global Next-Generation Ultrasound System Market Dynamics: 2024-2030

Global Next-Generation Ultrasound Systems Market Challenge:

High Costs Posing Challenge to the Global Next-Generation Ultrasound Systems Market – One of the major challenges that hamper next-generation ultrasound systems adoption is the high cost over the traditional ones. Advanced and high-grade technologies are incorporated into next-generation ultrasound devices, which makes these devices too expensive to be purchased. Besides, these devices are overly integrated with a plethora of advanced software solutions, including AI, ML, and more. All these eventually add up to their final cost. Hence, as their cost is too high, their adoption has been very limited across the healthcare facilities of developing countries. This was majorly owing to the budget constraints of these developing nations, which has been affecting the investment in high-tech medical devices. To this extent, the high cost of next-generation ultrasound systems has been one big challenge to the market, thereby limiting the growth of the global industry.

Moreover, even the required infrastructure for manufacturing advanced medical devices is also lacking in developing countries, which adds to the purchasing price of imported devices under the imposition of import tariffs. Hence, this is expected to further restrict the adoption of next-generation ultrasound systems in developing countries in the next few years.

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Global Next-Generation Ultrasound System Market (2024-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Product Type

-Diagnostic Ultrasound Systems- Market Size & Forecast 2019-2030F, (Thousands)

-Therapeutic Ultrasound Systems- Market Size & Forecast 2019-2030F, (Thousands)

-High-Intensity Focused Ultrasound- Market Size & Forecast 2019-2030F, (Thousands)

-Extracorporeal Shock Wave Lithotripsy- Market Size & Forecast 2019-2030F, (Thousands)

-Doppler Ultrasound- Market Size & Forecast 2019-2030F, (Thousands)

-Others (Contrast Agent-based Ultrasound, Ultrasound Probes and Transducers, etc.)- Market Size & Forecast 2019-2030F, (Thousands)

By Technology

-4D/3D Ultrasound Systems- Market Size & Forecast 2019-2030F, (Thousands)

-2D Ultrasound Systems- Market Size & Forecast 2019-2030F, (Thousands)

-Others (Fusion Imaging, Tissue Harmonic Imaging, etc.)- Market Size & Forecast 2019-2030F, (Thousands)

By Application

-General Imaging- Market Size & Forecast 2019-2030F, (Thousands)

-Cardiovascular Imaging- Market Size & Forecast 2019-2030F, (Thousands)

-Obstetrics and Gynecology Imaging- Market Size & Forecast 2019-2030F, (Thousands)

-Lung Imaging- Market Size & Forecast 2019-2030F, (Thousands)

-Urology Imaging- Market Size & Forecast 2019-2030F, (Thousands)

-Orthopedics Imaging- Market Size & Forecast 2019-2030F, (Thousands)

-Others (Kidney Imaging, Abdomen Imaging, etc.)- Market Size & Forecast 2019-2030F, (Thousands)

By Portability

-Cart/Trolley-Based Systems- Market Size & Forecast 2019-2030F, (Thousands)

-Handheld Devices and Wearables- Market Size & Forecast 2019-2030F, (Thousands)

By End Users

-Hospitals- Market Size & Forecast 2019-2030F, (Thousands)

-Diagnostics Laboratories and Imaging Centers- Market Size & Forecast 2019-2030F, (Thousands)

-Clinics- Market Size & Forecast 2019-2030F, (Thousands)

-Ambulatory Surgical Center- Market Size & Forecast 2019-2030F, (Thousands)

-Others (Research Institutes, Veterinary Clinics, etc.)- Market Size & Forecast 2019-2030F, (Thousands)

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Global Next-Generation Ultrasound System Market:

GE HealthCare Technologies Inc., Butterfly Network Inc., Canon Medical Systems Corporation, Clarius Mobile Health Corporation, Esaote SpA, Fujifilm Holdings Corporation, Konica Minolta Healthcare Americas, Inc., Sofwave TM, Hitachi Ltd., Hologic, Inc., Koninklijke Philips N.V., Samsung Electronics Co. Ltd., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Chison Medical Technologies Co., Ltd., Siemens Healthcare Private Limited, and others.

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