United States Ultrasound Device Industry will register a CAGR of 6.53% during 2022-2027 | Renub Research

United States Ultrasound Device Market was USD 2.23 Billion in 2022. The USA Ultrasound Devices market is experiencing favourable growth due to multiple factors, including a higher prevalence of severe chronic diseases such as cardiovascular and urology conditions, along with rapid advancements in technology. There is also a growing awareness of the benefits of early disease detection and an increasing geriatric population globally, who are more susceptible to developing chronic disorders. Additionally, the rising adoption of ultrasound devices due to their non-invasive nature and lack of radiation exposure is contributing to the market’s growth during the forecast period.

United States Ultrasound Device Industry will register a CAGR of 6.53% during 2022-2027

The ultrasound device market in the US is a significant contributor to the global medical technology sector. This market employs high-frequency sound waves to generate visual images of internal body structures that aid in the diagnosis and treatment of a wide range of medical conditions. The industry’s growth is driven by the widespread adoption of ultrasound devices across various medical fields, including radiology, cardiology, obstetrics, and genecology. Additionally, the increasing use of point-of-care ultrasound (POCUS) machines in emergency departments and critical care units is further fuelling the industry’s expansion.

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There are several growing factors contributing to the increased use and demand for ultrasound devices in the United States. These include:

  • The incidence of chronic diseases, such as cardiovascular and respiratory diseases, is on the rise in the US. Ultrasound, a non-invasive diagnostic technique, can be utilized to track the progression of these ailments and identify bodily changes over a period.
  • The demand for minimally invasive procedures is growing as patients are opting for treatments that offer quicker recovery times and fewer complications. Ultrasound-assisted procedures like injections and biopsies are less invasive than conventional surgical methods and can frequently be performed on an outpatient basis.
  • The progress of ultrasound technology has led to notable improvements in image quality and diagnostic precision through the introduction of 3D and 4D imaging. Portable ultrasound machines are now more accessible, making it simpler to conduct ultrasound tests in various settings.
  • The use of ultrasound devices for point-of-care diagnostics and monitoring has grown in response to the COVID-19 pandemic. Ultrasound can be utilized to identify lung abnormalities in patients with COVID-19 and other respiratory conditions.
  • As the US population ages, there is an increased likelihood of chronic conditions that necessitate continuous monitoring and management. Ultrasound is a valuable diagnostic tool for detecting and monitoring heart disease, stroke, cancer, and other conditions prevalent in older adults.

Portable ultrasound machines in the USA are suitable for use in small hospitals, obstetric practices, sports medicine clinics, PCP offices, small physician practices, and independent clinics. Their straightforward operation makes them capable of capturing a significant portion of the point-of-care imaging market. Portable ultrasound devices are highly advantageous in situations where space is limited or mobility is required, such as conducting scans in the field.

The market is highly competitive, with several major players in the United States, including Koninklijke Philips NV, Siemens AG, Hologic, Inc., Samsung Electronics Co. Ltd, and Canon Medical Systems Corporation. These companies are focusing on developing advanced ultrasound systems with improved image quality and portability to meet the evolving needs of healthcare providers and patients.

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