1. Market Research
  2. > Healthcare
  3. > Medical Device
  4. > Diagnostic Imaging Market Trends
Global Diagnostic Ultrasound Devices Market Assessment & Forecast: 2015-2019

Global Diagnostic Ultrasound Devices Market Assessment & Forecast: 2015-2019

  • June 2015
  • 49 pages
  • ID: 3605162
  • Format: PDF
  • Spearhead Acuity


Table of Contents

Search Inside

The new report “Global Diagnostic Ultrasound Devices Market Assessment & Forecast: 2015-2019” by Spearhead Acuity Business Research & Consulting group reveals that global diagnostic ultrasound devices market was valued at US$ 5,381.1 million in 2014 and expected to grow to US$ 7,466.3 million by 2019 at a CAGR of 6.8% from 2015 to 2019.

The report covers market analysis of global ultrasound market has been analyzed for six geographies of North America, Europe, Asia-Pacific, Latin America, Middle-East and Africa. Asia-Pacific is expected to be the most potential market for the period 2015-2019, whereas Africa is estimated to be the slowest of the six regions and is anticipated to grow at a CAGR of 5.1% from 2015 to 2019. North America’s diagnostic industry traditionally relies greatly on CT and MRI modalities and ranked slightly behind Europe in terms of global revenue generation. Demand for high-end and premium device segments is one of the primary growth drivers for the ultrasound technology in Europe and North America. Other growth drivers are the aging population, increasing adoption of hand-held systems and non-conventional markets such as point-of-care, home-care and emergency medicine.

The report provides revelations into different technology segments such as 2D ultrasound, black & white or color ultrasound devices, 3D and Doppler ultrasound devices. The analysis also covers product types such as trolley-based, hand-held and portable devices market. Today ultrasound has medical applications on every area of the body and gives very accurate results regarding the overall structural composition based on the density and transmission of the sound waves through biological tissue. There are a variety of different components available in the market today. 5-6 types of transducers are available based on application of ultrasound and imaging area. The trolley or cart configuration is the most common type of configuration available in the market. The system comprises of large data storage capacity along with multiple attached transducers. These systems can be transported only over brief distances for e.g. within a single floor of a medical facility. These devices are heaviest due to additional batteries, storage and data transmission facilities provided. Cart or trolley based ultrasound devices are broadly categorized into three segments based on their pricing and functionality, namely, low-end, high-end and premium. A low-end ultrasound system could be priced anywhere between US$ 90,000 to US$ 120,000. High-end and Premium systems are priced anywhere between US$ 150,000 and US$ 250,000. Key players in this market include GE Healthcare, Siemens, Philips Healthcare, Analogic Corporation, SonoSite, SIUI, Toshiba Medical Systems, Hitachi-Aloka, SonoScape Medical Corp, Esaote, Verathon Incorporated, Terason (Teratech Corporation), Samsung Medison, Fukuda Denshi, Mobisante and Signostics.

The scope of the report also encompasses different ultrasound applications in healthcare and medicine such as oncology or tumor detection, gynecology and obstetrics, cardiology, emergency medicine, anesthesiology, vascular and others. The most popular application of ultrasound by far is its use in monitoring fetus. Due to its safety and efficiency in imaging, ultrasound is used for checking the fetus for any abnormalities in position of the baby, size, shape, bone structure formation among others. The procedure involves the application of ultrasound gel to the abdomen of the mother and then the area is scanned by a probe for imaging. The last two decades has shaped the ultrasound market very well across the globe. The technology which was discovered before other modalities such as MRI took time to develop into the powerful diagnostic technology that it is today.

In terms of technology, ultrasound is constantly moving towards greater mobility. Diagnostics as an industry is moving towards using non-ionizing technologies for imaging such as MRI and capsule endoscopy. There are an increasing number of companies such as Rivanna Medical and Signostics that are introducing hand-held and portable ultrasound. Due to the relative safety, and the non-invasive nature, ultrasonic imaging has become one of the most rapidly advancing technologies. Along with this, companies are now introducing wireless transducers such as Acuson Freestyle that are able to send images of internal organs such as kidneys, heart and lungs without worrying about troublesome cables or moving bulky machines around in a patient’s room. The boldness of small players in accessing international markets, it is sufficient to say the market is already highly competitive and pricing new technology adequately so as to be accessible to large population in emerging regions will guarantee significant capital returns.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on