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, according to a new report by
Grand View Research, Inc. 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.
List of Key Players in the Doppler Ultrasound Market
- 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
Related
Press Release@ Doppler
ultrasound Market Report
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
Related Reports@
Intravascular Ultrasound Market
Doppler Ultrasound Market Segmentation
Grand
View Research has segmented the global Doppler ultrasound market based on
device type, application, end-use, and region:
Doppler Ultrasound Device Type Outlook (Revenue, USD
Billion, 2018 - 2030)
- Trolley-Based
- Handheld
Doppler Ultrasound Application Outlook (Revenue, USD
Billion, 2018 - 2030)
- Radiology
- Cardiology
- Obstetrics
and Gynecology
- Others
Doppler Ultrasound End-use Outlook (Revenue, USD Billion,
2018 - 2030)
- Hospitals
- Diagnostic
Imaging Centers
- Home Care
- Academic
& Research Institutes
Doppler Ultrasound Regional Outlook (Revenue, USD
Billion, 2018 - 2030)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Denmark
- Sweden
- Norway
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Latin
America
- Brazil
- Mexico
- Argentina
- Middle East
& Africa
- South
Africa
- Saudi
Arabia
- UAE
- Kuwait
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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