Global Medical Ultrasound Probe Market Insights, Forecast to 2025

Ultrasound probe is an essential part of the ultrasonic diagnostic instrument, it can not only transform the electrical signal into ultrasonic signal, but also the ultrasonic signal into electrical signals, with ultrasonic transmission and reception of dual functions.
The global Medical Ultrasound Probe industry has a rather high concentration. The major manufacturers are concentrated in North America, Europe and Asia Pacific, such as GE, Siemens, Philips, SonoSite and Toshiba. At present, GE is the world leader, holding 15.77% sales market share in 2016.

The global consumption of Medical Ultrasound Probe increases from 703.46 K Units in 2012 to 935.66 K Units in 2016, at a CAGR of more than 7.39%. In 2016, the global Medical Ultrasound Probe consumption market is led by North America and North America is the largest region consumption market accounting for about 32.40% of global consumption of Medical Ultrasound Probe.

Medical Ultrasound Probe downstream is wide and recently Medical Ultrasound Probe has acquired increasing significance in various fields of Ophthalmology, Cardiology, Abdomen, Uterus and others. Globally, the Medical Ultrasound Probe market is mainly driven by growing demand for Abdomen. Abdomen accounts for nearly 58.70% of total downstream consumption of Medical Ultrasound Probe.

Medical Ultrasound Probe can be mainly divided into Linear Type, Convex Type, Phased Array Type and Endocavitary Type which Convex Type captures about 49.12% of Medical Ultrasound Probe market in 2016. According to our research and analysis, manufacturers from North America are the major leaders in the international market of Medical Ultrasound Probe.

Global market is expected to witness significant growth on account of rising applications, so in the next few years, Medical Ultrasound Probe consumption will show a trend of steady growth. In 2023 the consumption of Medical Ultrasound Probe is estimated to be 1333.31 K Units. On product prices, the slow downward trend in recent years will maintain in the future.

The global Medical Ultrasound Probe market is valued at 3180 million US$ in 2018 and will reach 4150 million US$ by the end of 2025, growing at a CAGR of 3.4% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Medical Ultrasound Probe market based on company, product type, end user and key regions.

This report studies the global market size of Medical Ultrasound Probe in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Medical Ultrasound Probe in these regions.
This research report categorizes the global Medical Ultrasound Probe market by top players/brands, region, type and end user. This report also studies the global Medical Ultrasound Probe market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
GE
Philips
Siemens
SonoSite
Toshiba
Samsung Medison
Hitachi
Esaote
Mindray
SIUI
Shenzhen Ruqi
SonoScape
Jiarui

Market size by Product
Linear Type
Convex Type
Phased Array Type
Endocavitary Type
Others
Market size by End User
Ophthalmology
Cardiology
Abdomen
Uterus
Other

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Medical Ultrasound Probe market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Medical Ultrasound Probe market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Medical Ultrasound Probe companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Medical Ultrasound Probe submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Medical Ultrasound Probe are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Medical Ultrasound Probe market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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