According to the most recent estimate by Emergen Research, the worldwide 3D ultrasound market will be worth USD 3.28 billion in 2021 and will experience a revenue CAGR of 6.5% over the projected period.
According to the most recent estimate by Emergen Research, the worldwide 3D ultrasound market will be worth USD 3.28 billion in 2021 and will experience a revenue CAGR of 6.5% over the projected period.
The rising incidence of chronic diseases, such as cancer and cardiovascular disease, is a key factor driving the growth of the 3D ultrasound market. In addition, the growing number of births worldwide is another major factor driving market growth. Furthermore, the increasing demand for minimally invasive procedures, such as ultrasound-guided biopsies, is expected to fuel market growth over the forecast period.
The increasing availability of 3D ultrasound machines, particularly in developing countries, is another factor driving market growth. In addition, the development of new and improved 3D ultrasound machines is expected to provide a boost to the market. However, the high cost of 3D ultrasound machines is a major factor restraining market growth.
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3D ultrasound is a diagnostic imaging technique that uses sound waves to produce three-dimensional images of the inside of an object. It is used to view internal organs, such as the heart, lungs, and brain, as well as blood vessels, muscles, tendons, and joints. 3D ultrasound can also be used to detect fetal abnormalities, such as spina bifida, and to determine the sex of a fetus. Various pain conditions, such as muscle, joint, ligament, and tendon pain, can be treated with ultrasound. However, it cannot be used to visualize internal organs.
There are several benefits of 3D ultrasound over traditional 2D ultrasound, including the ability to obtain a more accurate diagnosis, the ability to view anatomy in greater detail, and the ability to create images that can be shared with other healthcare providers. 3D ultrasound is also less likely to cause motion artifacts, which can make images difficult to interpret.
The U.S. Food and Drug Administration (FDA) is advising pregnant women and their health care providers to avoid non-medically indicated ultrasound exposure during pregnancy, as it could pose risks to the developing fetus. The FDA’s warning comes after a review of the potential risks associated with prenatal ultrasound exposure.
Some Key Highlights from the Report
- On 07 October 2021, Philips Healthcare (a division of Koninklijke Philips N.V.) launched an ultrasound machine based on 3D/4D technology, the Philips EPIQ 7. This machine is designed for cardiac, vascular, and general imaging applications. It offers excellent image quality and supports the company’s Livex platform that provides advanced tools for image analysis and quantification.
- The cart/trolley-based devices segment accounted for the largest share of the overall market in 2019. The rising number of 3D/4D ultrasound examinations is one of the key factors expected to boost the growth of this segment. However, compact/ultra-compact devices are projected to grow at the highest CAGR during the forecast period.
- Based on technology, the 3D ultrasound market is classified into 2D, 3D/4D, and Doppler. The 3D/4D technology segment accounted for the largest share of the overall market in 2019 and is anticipated to grow at a CAGR of over 7% during the forecast period. The rising preference for 3D/4D technology owing to its several advantages, such as improved image quality, is expected to fuel the growth of this segment.
- Based on application, the 3D ultrasound market is classified into obstetrics/gynecology, cardiology, abdominal, urology, and others. The obstetrics/gynecology segment accounted for the largest share of the overall market in 2019. The high prevalence of pregnancy-related disorders and the rising awareness about 3D ultrasound examinations are some of the key factors driving the growth of this segment.
- Based on end user, the 3D ultrasound market is classified into hospitals, clinics, and others. The hospital segment accounted for the largest share of the overall market in 2019. The high availability of trained professionals and the rising number of ultrasound examinations in hospitals are some of the key factors driving the growth of this segment.
- North America held the largest share of the overall market in 2019. The high prevalence of chronic diseases and the rising awareness about 3D ultrasound examinations are some of the key factors driving the growth of this market in North America.
- GE Healthcare (a division of General Electric Company), Philips Healthcare (a division of Koninklijke Philips N.V.), Canon Medical Systems Corporation, Hitachi, Ltd., Siemens Healthcare GmbH, Chison Medical Technologies Co., Ltd., Samsung Medison Co., Ltd., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Hologic, Inc., and BPL Medical Technologies are a few of the major companies mentioned in the market report.
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Emergen Research has segmented the global 3D ultrasound market based on application, portability, end use, and region:
- Application Outlook (Revenue, USD Billion, 2019–2030)
- General Imaging
- Cardiovascular
- Pain Management Applications
- POC
- Portability Outlook (Revenue, USD Billion, 2019–2030)
- Cart-Based Devices
- Table-Top Devices
- End Use Outlook (Revenue, USD Billion, 2019–2030)
- Hospitals
- Maternity Centers
- Ambulatory Care Centers
- Others
- Regional Outlook (Revenue, USD Billion, 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- Rest of Middle East & Africa
- North America
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