Ultrasound Transducer Market Size to Grow by USD 677.12 Mn, Majority of Market Growth to Originate from North America - Technavio

NEW YORK, Sept. 26, 2022 /PRNewswire/ -- The ultrasound transducer market size is expected to grow by USD 677.12 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 3.7% during the forecast period. The rising prevalence of chronic diseases is driving the growth of the ultrasound transducer market. However, factors such as the high costs associated with ultrasound systems may challenge the market growth. 

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The ultrasound transducer market report covers the following areas:

• Ultrasound Transducer Market Size
• Ultrasound Transducer Market Trends
• Ultrasound Transducer Market Industry Analysis

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alpinion Medical Systems Co. Ltd., Bracco Spa, Broadsound Corp., Butterfly Network Inc., Canon Inc., Esaote Spa, eZono AG, FUJIFILM Holdings Corp., General Electric Co., Hitachi Ltd., KOELIS SAS, Kolo Medical Inc., Koninklijke Philips NV, Mianyang Xianfeng Medical Instrument Co. Ltd., Samsung Electronics Co. Ltd., Shantou Institute of Ultrasonic Instruments Co. Ltd., Shenzhen Warp United Scientific Co. Ltd., Siemens AG, SonoScape Medical Corp., and TELEMED Medical Systems Srl are among some of the major market participants.

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• Type 
• Convex: The convex segment will be the largest contributor to market growth during the forecast period. Convex ultrasound transducers are known as curved transducers because of the curved arrangement of piezoelectric crystals. Convex transducers are ideal for detailed examination of the organs owing to the convex shape of the beam.
• Linear
• Endocavitary
• Phased Array
• CW Doppler
• Geography 
• North America: North America will account for 38% of the market's growth during the forecast period. The growth of this region is attributed to factors such as rising healthcare spending, the increasing geriatric population, high demand for advanced medical devices, the growing demand for ultrasound systems, and new product launches. Moreover, market growth in this region will be faster than the growth of the market in regions. The US and Canada are the key countries for the ultrasound transducer market in North America. 
• Europe
• Asia
• Rest Of World (ROW)

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist ultrasound transducer market growth during the next five years
• Estimation of the ultrasound transducer market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the ultrasound transducer market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the ultrasound transducer market vendors

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1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Convex - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Convex - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Convex - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Convex - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Convex - Year-over-year growth 2021-2026 (%)

• 5.4 Linear - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Linear - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Linear - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Linear - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Linear - Year-over-year growth 2021-2026 (%)

• 5.5 Endocavitary - Market size and forecast 2021-2026 
• Exhibit 36: Chart on Endocavitary - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Endocavitary - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Endocavitary - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Endocavitary - Year-over-year growth 2021-2026 (%)

• 5.6 Phased array - Market size and forecast 2021-2026 
• Exhibit 40: Chart on Phased array - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Phased array - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Phased array - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Phased array - Year-over-year growth 2021-2026 (%)

• 5.7 CW Doppler - Market size and forecast 2021-2026 
• Exhibit 44: Chart on CW Doppler - Market size and forecast 2021-2026 ($ million)
• Exhibit 45: Data Table on CW Doppler - Market size and forecast 2021-2026 ($ million)
• Exhibit 46: Chart on CW Doppler - Year-over-year growth 2021-2026 (%)
• Exhibit 47: Data Table on CW Doppler - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by Type 
• Exhibit 48: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 52: Chart on Geographic comparison
• Exhibit 53: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026 
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 Asia - Market size and forecast 2021-2026 
• Exhibit 62: Chart on Asia - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Asia - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Asia - Year-over-year growth 2021-2026 (%)

• 7.6 Rest of World (ROW) - Market size and forecast 2021-2026 
• Exhibit 66: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)

• 7.7 US - Market size and forecast 2021-2026 
• Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.8 Canada - Market size and forecast 2021-2026 
• Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.9 UK - Market size and forecast 2021-2026 
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026 
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 China - Market size and forecast 2021-2026 
• Exhibit 86: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.12 Market opportunity by geography 
• Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 91: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 93: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 94: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 95: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 96: Matrix on vendor position and classification

• 10.3 Alpinion Medical Systems Co. Ltd. 
• Exhibit 97: Alpinion Medical Systems Co. Ltd. - Overview
• Exhibit 98: Alpinion Medical Systems Co. Ltd. - Product / Service
• Exhibit 99: Alpinion Medical Systems Co. Ltd. - Key offerings

• 10.4 Canon Inc.
• Exhibit 100: Canon Inc. - Overview
• Exhibit 101: Canon Inc. - Business segments
• Exhibit 102: Canon Inc. - Key news
• Exhibit 103: Canon Inc. - Key offerings
• Exhibit 104: Canon Inc. - Segment focus

• 10.5 eZono AG
• Exhibit 105: eZono AG - Overview
• Exhibit 106: eZono AG - Product / Service
• Exhibit 107: eZono AG - Key offerings

• 10.6 FUJIFILM Holdings Corp. 
• Exhibit 108: FUJIFILM Holdings Corp. - Overview
• Exhibit 109: FUJIFILM Holdings Corp. - Business segments
• Exhibit 110: FUJIFILM Holdings Corp. - Key news
• Exhibit 111: FUJIFILM Holdings Corp. - Key offerings
• Exhibit 112: FUJIFILM Holdings Corp. - Segment focus

• 10.7 General Electric Co.
• Exhibit 113: General Electric Co. - Overview
• Exhibit 114: General Electric Co. - Business segments
• Exhibit 115: General Electric Co. - Key news
• Exhibit 116: General Electric Co. - Key offerings
• Exhibit 117: General Electric Co. - Segment focus

• 10.8 Hitachi Ltd.
• Exhibit 118: Hitachi Ltd. - Overview
• Exhibit 119: Hitachi Ltd. - Business segments
• Exhibit 120: Hitachi Ltd. - Key news
• Exhibit 121: Hitachi Ltd. - Key offerings
• Exhibit 122: Hitachi Ltd. - Segment focus

• 10.9 Koninklijke Philips NV 
• Exhibit 123: Koninklijke Philips NV - Overview
• Exhibit 124: Koninklijke Philips NV - Business segments
• Exhibit 125: Koninklijke Philips NV - Key news
• Exhibit 126: Koninklijke Philips NV - Key offerings
• Exhibit 127: Koninklijke Philips NV - Segment focus

• 10.10 Samsung Electronics Co. Ltd. 
• Exhibit 128: Samsung Electronics Co. Ltd. - Overview
• Exhibit 129: Samsung Electronics Co. Ltd. - Business segments
• Exhibit 130: Samsung Electronics Co. Ltd. - Key news
• Exhibit 131: Samsung Electronics Co. Ltd. - Key offerings
• Exhibit 132: Samsung Electronics Co. Ltd. - Segment focus

• 10.11 Shantou Institute of Ultrasonic Instruments Co. Ltd. 
• Exhibit 133: Shantou Institute of Ultrasonic Instruments Co. Ltd. - Overview
• Exhibit 134: Shantou Institute of Ultrasonic Instruments Co. Ltd. - Product / Service
• Exhibit 135: Shantou Institute of Ultrasonic Instruments Co. Ltd. - Key offerings

• 10.12 Siemens AG
• Exhibit 136: Siemens AG - Overview
• Exhibit 137: Siemens AG - Business segments
• Exhibit 138: Siemens AG - Key news
• Exhibit 139: Siemens AG - Key offerings
• Exhibit 140: Siemens AG - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 141: Inclusions checklist
• Exhibit 142: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 143: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 144: Research methodology
• Exhibit 145: Validation techniques employed for market sizing
• Exhibit 146: Information sources

• 11.5 List of abbreviations 
• Exhibit 147: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
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