Healthcare Industry Ultrasound Device Market Insights, 2024
Hexa Research
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Ultrasound Device Market - Industry Analysis, Size, Share,
Growth and Forecasts, 2016 to 2024 - Hexa Research
The global ultrasound device market was worth USD 6.9 billion in 2015. It is projected to grow
at a CAGR of 7% from 2016 to 2024 (forecast period). Chief market drivers are increasing
incidences of chronic and hypertension related disorders.
Ultrasound technology is used to treat prostate cancer and kidney stones. It is the most
preferred mode of fetal screening across the globe. Trials are underway to find novel
applications like detecting breast fibroadenoma and uterine fibroids. This coupled with
escalating public-private investments would create opportunities for ultrasound devices.
The market is segmented as per products, portability, and regions. Products are split into
diagnostic ultrasound devices and therapeutic ultrasound devices. Diagnostic ultrasound
devices are further segmented into 2D devices and 3D/4D devices. They accounted for the
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