The Impact of Technological Advancements on Next Generation Ultrasound System Market Research: Current Trends

Expanding gaming industry and greater investment by market players are key factor driving market revenue growth

The global next generation ultrasound system market size reached USD 3.66 Billion in 2020 and is expected to register a revenue CAGR of 7.4% during the forecast period, according to latest analysis by Emergen Research. Increasing usage of handheld scanners is expected to support market revenue growth between 2021 and 2028. Moreover, rising technological advancement for high performance and portable systems is expected to boost market growth. Currently, demand for affordable handheld scanners and monitoring system for ultrasound purpose has increased at a rapid pace. Moreover, manufacturers of ultrasound devices are adopting Internet of Things (IoT) technology to improve ultrasound screening models.

The report demonstrates the progress and advancement achieved by the global Next Generation Ultrasound System market, including the historical analysis and progress through forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter’s Five Forces analysis.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Next Generation Ultrasound System market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Samsung Electronics Co. Ltd., General Electric Company, Canon Medical Systems Corporation, Hitachi Ltd., Siemens Healthineers AG, Shenzhen Mindray Technologies Co. Ltd., CHISON Medical Technologies Co. Ltd., Butterfly Network Inc., Medgyn Products Inc., and Clarius Mobile Health Corporation

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Emergen Research has segmented the global Next Generation Ultrasound System market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

  • Portability Outlook (Revenue, USD Billion; 2018–2028)

    • Portable Systems
    • Trolley Based Systems
    • Hand Held and Wearable Devices
  • Product Type Outlook (Revenue, USD Billion; 2018–2028)

    • Therapeutic Ultrasound
    • Diagnostic Ultrasound
  • Application Outlook (Revenue, USD Billion; 2018–2028)

    • General Imaging
    • Vascular Imaging
    • Cardiology Imaging
    • Other Imaging

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

  • Analysis and estimation of the Next Generation Ultrasound System Market size and share for the projected period of 2022-2030
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Next Generation Ultrasound System Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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