3D Ultrasound Market - Forecast(2022 - 2027)

Report Code: HCR 1385 Report Format: PDF + Excel

3D Ultrasound Market Overview 

3D Ultrasound Market size is estimated to reach $4.6 billion by 2026, growing at a CAGR of 6.5% during the forecast period 2021-2026. 3D ultrasound is an imaging technique that converts 2D grayscale ultrasound images into a volumetric dataset. 3D Ultrasound products are increasingly being adopted across the world owing to their ability to convert 2D images into a real-time dataset. The rise in the adoption of percutaneous coronary interventions for opening clogged coronary arteries, increase in the demand for Gynecologic ultrasonography in hospitals, rise in the adoption of intrauterine contraceptive devices in cardiology, and the growing investment by the key players to develop extracorporeal shockwave lithotripsy to administer shock waves are the factors that are set to drive the growth of the 3D Ultrasound Market for the period 2021-2026.

3D Ultrasound Market Report Coverage

The report: “3D Ultrasound Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the 3D Ultrasound Market.

By Portability Type: Trolley-based Ultrasound and Hand-held Ultrasound.
By Application: Cardiology, Ophthalmology, Obstetrics, Musculoskeletal Respiratory Care, and Others.
By End User: Hospitals, Maternal Centers, Diagnostic Centers, Research Institutes, and Others.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (Middle East and Africa).

Key Takeaways

  • Geographically, the North America 3D Ultrasound Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the rise in the adoption of intrauterine contraceptive devices in cardiology.
  • The increase in the demand for percutaneous coronary interventions for opening clogged coronary arteries is driving the Cardiology segment. However, the high cost of 3D ultrasound devices is decreasing their adoption in various healthcare facilities, which is one of the major factors that are said to reduce the growth of the 3D Ultrasound Market.
  • Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the 3D Ultrasound Market report.

3D Ultrasound Market Size, By Application, 2020-2026 (USD Million)

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3D Ultrasound Market Segment Analysis-By Application

The 3D Ultrasound Market based on the Application can be further segmented into Cardiology, Ophthalmology, Obstetrics, Musculoskeletal Respiratory Care, and Others. The Cardiology segment held the largest share owing to the factors such as the growing demand for intrauterine contraceptive devices in cardiology treatments and rise in the adoption of percutaneous coronary interventions for clogged coronary arteries. The growing demand for advanced ultrasound devices in cardiology is driving the growth of the 3D Ultrasound Market. The Ophthalmology segment is estimated to be the fastest-growing segment with a CAGR of 6.8% over the period 2021-2026. This growth is owing to the factors such as the rise in the product launches by the key players and the increase in awareness about the availability of various 3D ultrasound devices for ophthalmology.

3D Ultrasound Market Segment Analysis-By End User

The 3D Ultrasound Market based on the End User can be further segmented into Hospitals, Maternal Centers, Diagnostic Centers, Research Institutes, and Others. The Hospitals segment held the largest share in 2020 owing to the factors such as the growing adoption of Extracorporeal Shockwave Lithotripsy to administer series of shock waves in hospitals and the increase in the demand for Gynecologic ultrasonography in hospitals. The growing investment by the key players in countries, such as India and China is driving the growth of the 3D Ultrasound Market. The Diagnostic Centers segment is estimated to be the fastest-growing segment with a CAGR of 7.1% over the period 2021-2026. This growth is owing to the factors such as the growing demand for percutaneous coronary interventions for opening clogged coronary arteries in diagnostic centers and the rise in research and development activities for developing advanced 3D ultrasound devices.

3D Ultrasound Market Segment Analysis-By Geography

The 3D Ultrasound Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and Rest of World. North America held the largest share with 37% of the overall market in 2020. The growth in this segment is owing to the factors such as the increase in the adoption of intrauterine contraceptive devices in cardiology and the rise in product launches by the key players. The rise in the demand for Gynecologic ultrasonography is driving the growth of the 3D Ultrasound Market. Asia-Pacific segment is estimated to be the fastest-growing segment over the period 2021-2026. The growth in this segment is owing to the factors such as the rise in the adoption of percutaneous coronary interventions for opening clogged coronary arteries and the growing investment by the key players to develop extracorporeal shockwave lithotripsy to administer shock waves.

3D Ultrasound Market Drivers

Rise in the Adoption of Intrauterine Contraceptive Devices to Prevent Pregnancy

Intrauterine contraceptive devices are extensively being utilized across the world owing to their effectiveness in preventing pregnancy. Intrauterine contraceptive devices are also being adopted by women in developed nations who do not want to utilize hormonal contraception, which is one of the major factors driving the growth of the 3D Ultrasound Market.

Increasing Demand for Percutaneous Coronary Intervention Procedures

Percutaneous coronary intervention nonsurgical procedures are increasingly being adopted for treating coronary artery diseases, such as unstable angina, coronary artery disease (CAD), and acute myocardial infarction (MI). Moreover, the key players are focusing on percutaneous coronary interventions (PCI) that improve the quality of life in patients with ischemic heart diseases, which is further propelling the growth of the 3D Ultrasound Market.

3D Ultrasound Market Challenges

High Cost of 3D Ultrasound Devices

The key players in the market are increasing their investment to carry out various research and development activities for developing advanced intrauterine contraceptive devices. However, the high cost of 3D ultrasound devices is decreasing their adoption in various healthcare facilities, which is one of the major factors that is estimated to reduce the growth of the 3D Ultrasound Market.

3D Ultrasound Market Competitive Landscape:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the 3D Ultrasound Market. Key companies of this market are Koninklijke Philips N.V., FUJIFILM SonoSite, Inc., Siemens Healthineers AG, Hologic, Samsung Electronics, Canon Inc., Hitachi, Ltd., GE Healthcare, MINDRAY Medical International Co., Ltd and Favero Health among others.

Acquisitions/Product Launches:

  • In December 2020, Hologic has launched 3D ultrasound imaging on SuperSonic MACH 40 system to allow clinicians to access high-resolution elastography 3D volumes that are designed to enhance the certainty of diagnostics.
  • In December 2019, Samsung Electronics has launched its latest Ultrasound and mobile Computed Tomography (CT) innovations using 3D technology at the Radiological Society of North America (RSNA) for delivering innovations in medical imaging.
  • In February 2019, Koninklijke Philips N.V. has launched an ultrasound system using 3D technology to enhance the assessment of babies during pregnancy and reduce vascular examination times. It can produce 3D vascular images that allow clinicians to evaluate plaque composition.

Relevant Links:

Ultrasound Devices Market - Forecast (2021 - 2026)

Report Code: HCR 0030

Cardiovascular Ultrasound System Market - and Forecast 2021 - 2026

Report Code: HCR 37738

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1. 3D Ultrasound Market - Overview
    1.1 Definitions and Scope
2. 3D Ultrasound Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Application
2.3 Key trends by End User
    2.4 Key trends by Geography
3. 3D Ultrasound Market – Comparative Analysis
    3.1 Company Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis – Average Selling Price
4. 3D Ultrasound Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. 3D Ultrasound Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. 3D Ultrasound Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. 3D Ultrasound Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. 3D Ultrasound Market – By Portability Type(Market Size –$Million/$Billion)
    8.1 Trolley-based Ultrasound
    8.2 Hand-held Ultrasound
9. 3D Ultrasound Market – By Application(Market Size –$Million/$Billion)
    9.1 Cardiology
    9.2 Ophthalmology
    9.3 Obstetrics
    9.4 Musculoskeletal Respiratory Care
    9.5 Others
10. 3D Ultrasound Market – By End User(Market Size –$Million/$Billion)
    10.1 Hospitals
    10.2 Maternal Centers
    10.3 Diagnostic Centers
    10.4 Research Institutes
    10.5 Others
11. 3D Ultrasound Market - By Geography(Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Mexico
        11.1.3 Canada
    11.2 Europe
        11.2.1 U.K.
        11.2.2 France
        11.2.3 Germany
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Russia
        11.2.7 Rest of Europe
    11.3 Asia Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia Pacific
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
        11.5.2 Africa
12. 3D Ultrasound Market - Entropy
13. 3D Ultrasound Market – Industry/Segment Competition Landscape Premium
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Competition Matrix
        13.1.5 Best Practices for Companies
14. 3D Ultrasound Market – Key Company List by Country Premium Premium
15. 3D Ultrasound Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
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