The winning Ultrasound Devices market report performs geographical analysis for the major areas such as North America, China, Europe, Southeast Asia, Japan, and India, with respect to the production, price, revenue and market share for top manufacturers. This market document is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis, and key company profiles.

The global ultrasound devices market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyzes that the market is growing with a CAGR of 6.6% in the forecast period of 2023 to 2030 and is expected to reach USD 20,032,835.85 thousand by 2030. Growing prevalence of diseases associated with liver, pancreas, and bile ducts act as a driver for the global ultrasound devices market growth.

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  Market Overview:

Ultrasound devices are sophisticated medical imaging tools used for non-invasive visualisation of the internal components of the human body. They are also known as ultrasound machines or sonography equipment. To provide real-time, detailed images of organs, tissues, and blood flow, these devices use high-frequency sound waves that are normally above the human hearing range. Ultrasound equipment creates images by emitted sound waves and measuring the echoes as they return, which gives medical practitioners crucial diagnostic data. In several medical specialities, such as obstetrics and gynaecology, cardiology, radiology, and others, ultrasound equipment is widely used to evaluate and monitor diseases, direct surgical treatments, and track foetal development during pregnancy.

Recent Developments

l In July 2023, Canon Medical Systems Corporation announced the launch of the Aplio flex and Aplio go, the most recent premium small ultrasound equipment. The new products provide exceptional maneuverability and clinical usability in a contemporary, elegant form. A new set of lightweight transducers with excellent usability and ergonomic design allows the user to operate comfortably and productively. Both items are appropriate for both stationary daily use and mobile use.

l In June 2023, Koninklijke Philips N.V. displayed their Ultrasound Compact 5500CV during the 2023 American Society of Echocardiography Event (ASE 2023, June 23–26, National Harbour, Maryland, U.S.). The next-generation system offers a single point of access to images and information, anytime, anywhere, to help improve clinical confidence and efficiency in diagnosing and treating cardiac disease. It brings the same exceptional image quality and echocardiography workflows in cart-based systems to a portable compact unit.

l In May 2023, CHISON Medical Technology Co., Ltd and Philips signed a cooperation agreement. The two parties are committed to offering domestic ultrasound equipment to Chinese customers for a wider range of care settings while focusing on local clinical needs. This will aid medical professionals in improving clinical diagnosis efficiency and work experience and support the high-quality growth of China's precision diagnosis and treatment.

l In January 2023, Esaote SPA launched its  new premium ultrasound equipment, MyLabX90. The proprietary dual-layer eLed monitor by Barco and the revival of the XCrystal probe family are the starting points for the quality components that make up MyLabX90. These guarantee exceptional on-screen image display with a far higher contrast resolution than other product lines.

Some of the major players operating in the global ultrasound devices market are Medgyn Products, Inc., SonoScape Medical Corp., Trivitron Healthcare, Narang Medical Limited, Telemed Ultrasound, Clarius, Canon Medical Systems Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Koninklijke Philips N.V., ESAOTE SPA, CHISON Medical Technologies Co., Ltd., EDAN Instruments, Inc., Hitachi Healthcare Americas, Konica Minolta, Inc., Lumibird Medical, BenQ Medical Technology, Lanmage, Shenzhen Ricso Technology Co., Ltd, Promed Technology Co., ALPINION MEDICAL SYSTEMS Co., Ltd, GE HealthCare, Hologic Inc, Seimens Healthineers AG, FUJIFILM Holdings Corporation, among others.

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