The Global Ultrasound Devices Market Is Expected To Witness A Cagr Of 1.9% Over The Forecast Period (2020 – 2027)
Ultrasound is one of the many types of medical imaging modalities available. The internal organs of the body are visualised using high-frequency sound waves in an ultrasound system. It can be defined as a device that uses high-frequency sound waves to capture images of internal organs. A transducer and an ultrasound detector, or probe, make up an ultrasound system. This minimally invasive diagnostic technique does not use ionising radiation to diagnose or treat body ailments.
The global Ultrasound Devices Market is estimated to be around US$ 6,230.1 million in 2019 and is expected to witness a CAGR of 1.9% over the forecast period (2020 – 2027).
The increasing government and private funding for ultrasound imaging research and development, the growing number of healthcare providers, technological advancements, and the rising incidences of chronic diseases are all driving the Ultrasound Devices Market forward. In addition, the shrinking size of ultrasound devices has given the market a small, but significant boost. The devices have now become useful, allowing healthcare facilities to replace older, heavier, and less technologically advanced devices with smaller, more advanced devices. The problem of storage has been solved as a result of the smaller size of these devices, allowing facilities to operate more efficiently with a larger number of devices.
Low-intensity ultrasound is being used as a treatment for interstitial pneumonia, which has been found to affect some patients who have tested positive for coronavirus. Low-intensity ultrasound treatment of pulmonary pathology has grown in popularity as a result of this. Stakeholders in the ultrasound devices market are seizing this opportunity to build a strong research base for ultrasound therapy to treat inflamed lung tissues that become fibrotic as a result of interstitial pneumonia.
The global ultrasound devices market is driven by an increase in the incidence of chronic diseases, technological advancements, a surge in the number of diagnostic ultrasound devices in the obstetrics and gynaecology field, and increased awareness for early disease diagnosis. However, the market's growth is hampered by a scarcity of qualified sonographers and the limitations of ultrasound imaging. Prospects in emerging economies, the miniaturisation of ultrasound devices, and the emergence of point-of-care ultrasound devices, on the other hand, create new market opportunities.
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