North America Ultrasound Devices Market - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

North America Ultrasound devices market has been estimated at USD 1.73 Billion in 2018 and is
projected to reach USD 2.20 Billion by 2023, at a CAGR of 4.9% during the forecast period from 2018 to
2023.Ultrasound imaging uses sound waves to produce pictures of the inside of the body. It is used to
help diagnose the causes of pain, swelling and infection in the body’s internal organs and to examine a
baby in pregnant women and the brain and hips in infants. It’s also used to help guide biopsies, diagnose
heart conditions, and assess damage after a heart attack.
Ultrasound imaging produces real-time images and movements of internal organs. It also captures blood
flow in the body. This imaging technique is used to scan pregnant women by transmitting sound waves
and reflected sound waves are transmitted into a display screen in which the movement of fetus is
observed. Ultrasound devices have its application in sonography as well.
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In North America, the introduction of technically advanced products with user-friendly and compact
designs that offer easy portability is the prime factor resulting in the rapid adoption of handheld devices.
Moreover, the shifting trend towards home healthcare and remote patient monitoring to reduce
hospitalization cost is augmenting the demand for handheld ultrasound devices. The factors restraining
the growth f the market include the stringent regulations for the approval of ultrasound device.
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North America Ultrasound Devices Market: Segmentation
By Technology
●
Diagnostic ultrasound
o 2D ultrasound
o 3D & 4D ultrasound
o Doppler ultrasound
● Therapeutic ultrasound
o High-intensity focused ultrasound
o Extracorporeal Shockwave Lithotripsy
By Device display
•
Color Ultrasound Devices
market:
• Black and White Ultrasound Devices
By Portability
 Trolley/Cart-based Ultrasound Devices
 Compact/Handheld Ultrasound Devices
By Application






Radiology/General Imaging
Cardiology
Obstetrics/Gynecology
Vascular
Urology
Other Applications
Ultrasound medical devices use high frequency sound waves to capture images or movements of
internal organs. A probe diffuses sound waves which reflect back from whichever organ it is transmitted
on and displays the image on the display screen. The trolley/cart-based ultrasound devices segment is
expected to account for the largest share of the North America ultrasound market in 2015; whereas, the
compact/handheld ultrasound devices segment is expected to grow at the highest CAGR during the
forecast period. Cardiology application is expected to be the fastest growing segment during forecast
period owing to rising incidence of cardiac diseases across the globe.
Geographically, North America market for Ultrasound devices is segmented into U.S.A and Canada.
U.S.A holds the largest share. Well-established healthcare infrastructure and escalating adoption of
home healthcare and remote patient monitoring are the prime factors pushing the growth of the market
in North America. The high adoption rate of advanced technology in the region is augmenting the
demand for miniaturized user-friendly devices.
General Electric Company (U.S.), Koninklijke Philips N.V. (Netherlands), Toshiba Corporation (Japan),
Siemens AG (Germany), Hitachi Ltd. (Japan), Samsung Electronics Co., Ltd. (South Korea), FUJIFILM
Holdings Corporation (Japan), Esaote S.p.A. (Italy), Mindray Medical International Ltd. (China), and
Analogic Corporation (U.S.) are some of the key players in the North America ultrasound market.
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North America Ultrasound Devices Market By Technology (Diagnostic Ultrasound, Therapeutic Ultrasound), By Device Display (Color Ultrasound Devices And Black, White Ultrasound Devices), By Portability (Trolley/Cart-based Ultrasound Devices, Compact/Handheld Ultrasound Devices), By Application (Radiology/General Imaging, Cardiology, Obstetrics/Gynecology, Vascular, Urology, Other Applications), And By Region