Dublin, Dec. 05, 2024 (GLOBE NEWSWIRE) -- The "Ultrasound Transducer Market Size, Share and Trends Analysis Report by Product Type (Linear, Convex), Application (Cardiovascular, General Imaging), End-use (Hospital, Clinics), and Region 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The global ultrasound transducer market size is anticipated to reach USD 4.53 billion by 2030. It is expected to expand at a CAGR of 3.2% from 2024 to 2030
Increasing number of product launches and growing focus of the major players on innovations for safe and accurate diagnosis are the factors driving the growth. 
North America is anticipated to hold substantial share of the market during the forecast period owing to high adoption of advanced medical devices. Continuous innovations in ultrasound machine such as portable and mobile ultrasound machine is expected to fuel the growth. Moreover, presence of a large number of ultrasound transducer manufacturers is anticipated to bode well for the regional growth. These companies emphasize on heavy investments to develop smart production methods and process automation, which is a key factor in optimizing product prices and maximizing revenues.
Another innovation pertaining to these devices include burst wave lithotripsy which help delicate procedures including kidney stone destruction. The technology is not only efficient but also offers non-invasive procedure to patients, which is anticipated to ultimately augment the product demand in the forthcoming years.
Ultrasound Transducer Market Report Highlights
- Convex transducers holds largest market share owing to the advantages of the product such as superior quality resolution for accurate diagnosis, wider footprint, and ergonometric designs.
- 2D linear transducers are highly preferred as compared to 3D linear owing as they provide detailed results in heart conditions.
- General imaging segment is expected to lead the ultrasound transducer market in the forthcoming years owing to increased adoption of ultrasound devices in primary diagnostic purposes.
- Owing to lower labor costs and untapped areas in developing regions of Asia Pacific, the market players are expected to witness huge opportunities to increase their clientele and expand their product portfolio.
The leading players in the Ultrasound Transducer market include:
- GE HealthCare
- Siemens Healthineers AG
- Koninklijke Philips N.V.
- CANON MEDICAL SYSTEMS CORPORATION
- Hitachi, Ltd.
- Samsung Medison Co., Ltd.
- FUJIFILM Holdings Corporation
- Esaote SPA
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Analogic Corporation
- Carestream Health
- ALPINION MEDICAL SYSTEMS Co., Ltd.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 100 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $3.65 Billion |
| Forecasted Market Value (USD) by 2030 | $4.53 Billion |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.4. Research Scope and Assumptions
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Ultrasound Transducer Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Ultrasound Transducer Market Analysis Tools
3.4.1. Porter's Analysis
3.4.2. PESTEL Analysis
Chapter 4. Ultrasound Transducer Market: Product Type Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Ultrasound Transducer Market: Product Type Movement Analysis, 2023 & 2030 (USD Million)
4.3. Linear
4.3.1. Linear Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Convex
4.5. Phased Array
4.6. Endocavitary
4.7. CW Doppler
4.8. Others
Chapter 5. Ultrasound Transducer Market: Application Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Ultrasound Transducer Market: Application Movement Analysis, 2023 & 2030 (USD Million)
5.3. Cardiovascular
5.4. General Imaging
5.5. Musculoskeletal
5.6. OB/GYN
5.7. Vascular
5.8. Others
Chapter 6. Ultrasound Transducer Market: End Use Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Ultrasound Transducer Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
6.3. Hospital
6.3.1. Hospital Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Clinics
6.5. Diagnostic Center
6.6. Ambulatory Surgery Centers (ASCs)
Chapter 7. Ultrasound Transducer Market: Regional Estimates & Trend Analysis
7.1. Ultrasound Transducer Market Share, By Region, 2023 & 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
8.4.1. Participant's Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Recent Developments/ Strategic Initiatives
For more information about this report visit https://www.researchandmarkets.com/r/sujp8d
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
