Global Ultrasound Transducer Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx billion over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 3.21% during the forecast period that is 2017-2025 due to the increasing number of ultrasound imaging procedures, technological advancement, and the ultrasound transducers are mostly used in diagnostic testing, surgical procedures, and noninvasive procedures including lithotripsy. North America led the global ultrasound transducers market, in terms of revenue share, in 2017. It is expected to retain its leading position throughout the forecast years, which is followed by Asia Pacific.

Global Ultrasound Transducer Market Size, Share Analysis, By Region 2017

Segment Analysis

This research report segments the market for ultrasound transducers on the basis of type, application, end-user and region along with forecast of revenue and analyzing trends in each of the submarkets.

Product Insights: On the basis of product the global ultrasound transducers market has been segmented Linear, Convex, Phased Array, Endocavitary, CW Doppler and Others. The convex segment led the market growth in 2017 and is anticipated to be fastest growing segment over the forecast period in terms of demand and revenue. Other segment will contribute significant growth in coming years due to the products witnessing measurable demand. Each type is further described in detail in the report with value forecasts between 2017 and 2025 period.

Application Analysis: Based on application the ultrasound transducers market has been categorized into Cardiovascular, General Imaging, Musculoskeletal, Vascular and others. In 2018, the general imaging segment was valued to collect healthy growth rate and is estimated to show it’s continue dominance over the forecast period in terms of revenue. Each end-user is further described in detail in the report with value forecasts for aforementioned period.

Regional Analysis

The global ultrasound transducers market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years. The market growth factors such as high demand for technologically advanced medical devices and high adoption of ultrasound modality in general diagnostics are also projected to influence the global market growth in the region during the forecast period in terms of shareholding and revenue collection. Asia Pacific and Europe held the measurable growth in the global market in 2017 and will expand at the significant CAGR during the forecast years owing to rapidly growing aged population, improving healthcare facilities for treating heart disorders in terms of advancement and innovative and growing healthcare infrastructure.

Key Players Landscape

Some of the major players in the global market include GE Healthcare, Koninklijke Philips N.V., Siemens, FUJIFILM SonoSite, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, Shenzhen Ruqi Technology, SonoScape Medical, and Shenzhen Jiarui Electronic Technology.  Key players are focusing on development of high-powered, handheld, single-use ultrasound transducers.

Global Ultrasound Transducer Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.