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Global Ultrasound Market

The global ultrasound market is growing at a CAGR of 5.8% during the forecast period. The growing pervasiveness of chronic diseases, Advancement in technology is one of the prime factors affecting and driving the market. The growing applications of ultrasound owing to its compact designs that offer easy portability, among others are also estimated to fuel the demand for ultrasound devices which in turn will drive its market growth. However, there are certain factors such as lack of trained technicians, limitations of ultrasound imaging, and high cost of product that are hindering the growth of

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Global Ultrasound Market

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  1. Global Ultrasound Market Is Likely to experience a tremendous growth by 2029 The global ultrasound market is growing at a CAGR of 5.8% during the forecast period. The growing pervasiveness of chronic diseases, Advancement in technology is one of the prime factors affecting and driving the market. The growing applications of ultrasound owing to its compact designs that offer easy portability, among others are also estimated to fuel the demand for ultrasound devices which in turn will drive its market growth. However, there are certain factors such as lack of trained technicians, limitations of ultrasound imaging, and high cost of product that are hindering the growth of the global ultrasound market. Rising R& D in the field of imaging along with growing FDA approval for new systems are anticipated to offer a lucrative opportunity for market growth. For instance, in May 2020, Koninklijke Philips N.V. had received US FDA approval for the usage of its ultrasound portfolio related to COVID-19 to manage the complication related to the lungs and heart. It had become a valuable tool for clinicians to treat patients that are suffering from COVID-19 with the company’s handheld and portable ultrasound solution. To request a sample of our report on Global Ultrasound Market https://www.omrglobal.com/request-sample/ultrasound- market The rising geriatric population which is highly prone to chronic diseases is likely to drive the growth of the ultrasound market across the globe. Rising healthcare expenditure and new product development by key market players are other factors that are driving the global ultrasound market. . For instance, in July 2020, Choplogic Inc. had set forth the US launch of the Super Sonic Mach 40 ultrasound system. This is the company’s first premium cart-based system that provides quality images, image modes with standard-setting and is made to magnify efficiency along with accuracy. A full report on Global Ultrasound Market is available @ https://www.omrglobal.com/industry-reports/ultrasound- market Market Coverage •The market number available for – 2020-2027 •Base year- 2020 •Forecast period- 2021-2027 •Segment Covered- O By Technology o By Applications o By Portability

  2. o By End-User •Regions Covered- o North America o Europe o Asia-Pacific o Rest of the World Competitive Landscape- Fujifilm Holdings Corp., General Electric Co., Koninklijke Philips N.V., Siemens Healthcare Private Ltd., Shimadzu Corp. Key questions addressed by the report •What is the market growth rate? •Which segment and region dominate the market in the base year? •Which segment and region will project the fastest growth in the market? •How COVID-19 impacted the market? o Deviation from the pre-COVID-19 forecast o Most affected region and segment •Who is the leader in the market? •How players are addressing challenges to sustain growth? •Where is the investment opportunity? Global Ultrasound Market Segment By Technology •2D Ultrasound Imaging •3D& 4D Ultrasound Imaging •Doppler Imaging By Applications

  3. •Obstetrics/Gynecology •Cardiology •Orthopedic and Musculoskeletal •Urology •Other By Portability •Trolley/ Cart-Based Ultrasound Devices •Compact/Handheld Ultrasound Devices By End-User •Hospitals •Diagnostic Centers •Other Global Ultrasound Market Segment by Region North America •United States • Canada Europe •UK •Germany •Italy •Spain •France •Rest of Europe Asia-Pacific •China •Japan • India

  4. •Rest of the Asia-Pacific Rest of the World For More customized Data Request For Report customization @ https://www.omrglobal.com/report- customization/ultrasound-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

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