Dublin, June 29, 2023 (GLOBE NEWSWIRE) -- The "Doppler Ultrasound Market Size, Share & Trends Analysis Report By Device Type (Trolley-based, Handheld), By Application (Radiology, Cardiology, Obstetrics & Gynecology), By End-use, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global doppler ultrasound market size is expected to reach USD 2.24 billion by 2030, advancing at a CAGR of 3.60% from 2023 to 2030.
The market growth is attributed to the rising technological advancements, and increasing prevalence of chronic disorders such as cancer, diabetes, chronic kidney disease, and cardiovascular disorders.
According to a study conducted by WHO, approximately 17.9 million people die every year due to cardiovascular diseases, accounting for 32% of the total deaths globally. As per the CDC, in 2019, around 26,530 deaths were caused due to AF, and it is expected to affect 12.1 million people in the U. S. by the end of 2030. Doppler ultrasound technology can detect a patient's pulsation rhythm, which in turn, is increasing its demand in cardiovascular disease diagnosis.
Moreover, according to the National Cancer Institute, in 2022, 19,880 new cases and 12,810 deaths were reported due to ovarian cancer in the U. S. The use of Doppler ultrasound in detecting ovarian cancer, owing to its characteristics such as its non-invasiveness, convenience, and repeatability, is anticipated to fuel the demand for the market over the forecast period.
The pandemic has impacted the market negatively, owing to inconsistencies in manufacturing, supply chain disruptions, and postponements in installations. However, key players in the market, such as GE Healthcare, Siemens Healthineers, Koninklijke Philips N. V., Hitachi Ltd., Esaote SpA, Samsung Medison Co., Ltd, and Analogic Corporation are driving the market growth by engaging in various strategic initiatives such as partnerships, acquisitions, new product launches, and expansions.
For instance, in September 2022, the Philips Foundation entered a cross-continental multi-year partnership with RAD-AID, a non-profit organization in the U. S. The aim of this partnership is to promote and encourage the use of diagnostic ultrasound solutions to 50 million people across Asia, Africa, Latin America, the Caribbean, and North America.
Companies Mentioned
- GE Healthcare
- Siemens Healthineers
- Koninklijke Philips N.V.
- Toshiba Medical Systems Corporation
- Fujifilm Holdings Corporation
- Hitachi Ltd.
- Esaote Spa
- Samsung Medison Co., Ltd
- Mindray Medical International Limited
- Analogic Corporation
Doppler Ultrasound Market Report Highlights
- Based on device type, the trolley-based segment accounted for the largest market share of 64.1% in 2022, owing to its enhanced capabilities such as better mobility, diagnosis, and decision-making. The handheld segment is expected to show the fastest growth during the forecast period from 2023 to 2030
- Based on application, the radiology segment dominated the market with a share of 25.48% in 2022. The segment growth is attributed to the increasing awareness regarding the wide application of Doppler ultrasound in vascular, abdominal, and obstetric imaging. The cardiology segment is anticipated to advance at the fastest CAGR of 4.1% over the forecast period
- Based on end-use, the hospital segment had the largest market share of 47.2% in 2022, owing to the rising demand for handheld Doppler ultrasound devices in OPDs and in-patient departments
- North America dominated the market with a share of 34.2% in 2022, owing to the presence of favorable government policies and well-developed healthcare infrastructure in the region. Moreover, the presence of prominent players in the market is fueling the growth. On the other hand, Asia Pacific is anticipated to expand at the fastest CAGR of 4% over the forecast period
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 90 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.67 Billion |
| Forecasted Market Value (USD) by 2030 | $2.24 Billion |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1 Methodology And Scope
Chapter 2 Executive Summary
Chapter 3 Doppler Ultrasound Market Variables, Trends & Scope
3.1 Penetration & Growth Prospect Mapping, 2022
3.2 Regulatory Framework
3.3 Market Dynamics
3.3.1 Market Driver Analysis
3.3.2 Market Restraints Analysis
3.4 Doppler Ultrasound: Market Analysis Tools
3.4.1 Industry Analysis - Porter's Five Forces
3.4.2 Swot Analysis, By Pest
3.5 Impact Of Covid-19
Chapter 4 Doppler Ultrasound Market: Segment Analysis, By Device Type, 2018 To 2030 (USD Million)
4.1 Definitions & Scope
4.2 Device Type Market Share Analysis, 2018 To 2030
4.3 Doppler Ultrasound Market, By Device Type, 2018 To 2030
4.4 Market Size Forecasts And Trend Analysis
4.4.1 Trolley-Based
4.4.1.1 Trolley-Based Market, 2018 To 2030 (USD Million)
4.4.2 Handheld
4.4.2.1 Handheld Market, 2018 To 2030 (USD Million)
Chapter 5 Doppler Ultrasound Market: Segment Analysis, By Application, 2018 To 2030 (USD Million)
5.1 Definitions & Scope
5.2 Application Market Share Analysis, 2018 To 2030
5.3 Doppler Ultrasound Market, By Application, 2018 To 2030
5.4 Market Size Forecasts And Trend Analysis
5.4.1 Radiology
5.4.1.1 Radiology Market, 2018 To 2030 (USD Million)
5.4.2 Cardiology
5.4.2.1 Cardiology Market, 2018 To 2030 (USD Million)
5.4.3 Obstetrics And Gynecology
5.4.3.1 Obstetrics And Gynecology Market, 2018 To 2030 (USD Million)
5.4.4 Others
5.4.4.1 Others Market, 2018 To 2030 (USD Million)
Chapter 6 Doppler Ultrasound Market: Segment Analysis, By End-Use, 2018 To 2030 (USD Million)
6.1 Definitions & Scope
6.2 End-Use Market Share Analysis, 2018 To 2030
6.3 Doppler Ultrasound Market, By End-Use, 2018 To 2030
6.4 Market Size Forecasts And Trend Analysis
6.4.1 Hospitals
6.4.1.1 Hospitals Market, 2018 To 2030 (USD Million)
6.4.2 Diagnostic Imaging Centers
6.4.2.1 Diagnostic Imaging Centers Market, 2018 To 2030 (USD Million)
6.4.3 Home Care
6.4.3.1 Home Care Market, 2018 To 2030 (USD Million)
6.4.4 Academic & Research Institutes
6.4.4.1 Academic & Research Institutes Market, 2018 To 2030 (USD Million)
Chapter 7 Doppler Ultrasound Market: Regional Market Analysis, By Device Type, By Application, By End-Use, 2018 To 2030 (USD Million)
Chapter 8 Doppler Ultrasound Market - Competitive Analysis
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