Global Acoustic Medicine and Ultrasound Therapy Market, By Technology (Diagnostic and Therapeutic), Modality (Bench-top, Hand-Held and Others), Portability (Trolley/ Cart-Based and Compact/ Handheld) Application (Emergency Medicine, Cardiology, Obstetrics and Gynecology, Oncology Surgery, Urology, Vascular Surgery, Musculoskeletal, Osteoarthritis, Space Adaptation Back Pain, Sports Injuries, Trapezius Muscle Spasm and Others), End User (Hospitals, Private Clinics, Medical Research Institutes, Physiotherapy Centers, Chiropractic Clinics, Healthcare Settings, Public Health Agencies and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Acoustic Medicine and Ultrasound Therapy Market
The acoustic medicine and ultrasound therapy market is expected to witness market growth at a rate of 5.87% in the forecast period of 2021 to 2028. Currently standing at a market value of USD 1619.98 million, the market is expected to reach USD 2556.77 million by 2028. Data Bridge Market Research report on acoustic medicine and ultrasound therapy market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. Ongoing technological advancements in the field of diagnostic & therapeutic ultrasound imaging and increasing incidences of sports injuries or bone related injuries are the major factors attributable to the growth of acoustic medicine and ultrasound therapy market.
Acoustic medicine is a medical treatment wherein the blood supply to a particular tissue is increases so as to relive the tissue of any kind of chronic pain or any musculoskeletal conditions. Ultrasound devices are used to provide ultrasound therapy that uses high-frequency sound waves to image and visualize the organs.
Rising technological advancements in the ultrasound systems is one of the major factors fostering the growth of the market. Rising awareness and interest of the people towards natural methods of medication is also inducing growth in the market value. Rising prevalence of sprains, spondylolysis and spondylolisthesis, stingers, disc injury and other sports injuries is also an important market growth determinant.
On the other hand, lack of awareness about the concept of acoustic medicine will derail the market growth rate. High installation and maintenance costs of ultrasound devices will further challenge the market growth rate. Also, dearth of skilled and experienced sonographers will hamper the market growth rate.
This acoustic medicine and ultrasound therapy market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on acoustic medicine and ultrasound therapy market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Acoustic Medicine and Ultrasound Therapy Market Scope and Market Size
The acoustic medicine and ultrasound therapy market is segmented on the basis of technology, modality, portability, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of technology, the acoustic medicine and ultrasound therapy market is segmented into diagnostic and therapeutic. Diagnostic segment is sub-segmented into 2D ultrasound, 3D and 4D ultrasound and Doppler ultrasound. Therapeutic segment is sub-segmented into high-intensity focused ultrasound (HIFU) and extracorporeal shockwave lithotripsy (ESWL).
- On the basis of portability, the acoustic medicine and ultrasound therapy market is segmented into trolley/ cart-based and compact/ handheld.
- On the basis of Modality, the acoustic medicine and ultrasound therapy market is segmented into Bench-top, Hand-Held and Others.
- On the basis of application, the acoustic medicine and ultrasound therapy market is segmented into emergency medicine, cardiology, obstetrics and gynecology, oncology surgery, urology, vascular surgery, musculoskeletal, osteoarthritis, space adaptation back pain, sports injuries, trapezius muscle spasm and others.
- On the basis of end user, the acoustic medicine and ultrasound therapy market is segmented into hospitals, private clinics, medical research institutes, physiotherapy centers, chiropractic clinics, healthcare settings, public health agencies and others.
Global Acoustic Medicine and Ultrasound Therapy Market Country Level Analysis
The acoustic medicine and ultrasound therapy market is analyzed and market size insights and trends are provided by country, technology, modality, portability, application and end user as referenced above.
The countries covered in the acoustic medicine and ultrasound therapy market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America currently dominates and will continue to foster the acoustic medicine and ultrasound therapy market owing to the prevalence of sophisticated healthcare infrastructure coupled with favorable reimbursement policies. Rising prevalence of sports injuries and other bone related injuries is also fostering the market growth in this region.
The country section of the acoustic medicine and ultrasound therapy market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Acoustic medicine and ultrasound therapy market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for point-of-care-ultrasound device market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the acoustic medicine and ultrasound therapy market. The data is available for historic period 2010-2019.
Competitive Landscape and Acoustic Medicine and Ultrasound Therapy Market Share Analysis
The acoustic medicine and ultrasound therapy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to acoustic medicine and ultrasound therapy market.
The major players covered in the acoustic medicine and ultrasound therapy market report are Danaher, Mettler Electronics Corp., BTL., ZetrOZ Systems, Dynatronics Corporation, Koninklijke Philips N.V., Abaxis, Abbott, F. Hoffmann-La Roche Ltd, Siemens AG, Beckman Coulter, Inc., BD , Johnson & Johnson Services, Inc., bioMérieux SA, Biomerica, Inc., GENERAL ELECTRIC COMPANY, Medtronic, Canon Inc., SAMSUNG, Carestream Health, FUJIFILM Holdings Corporation, Hitachi, Ltd., and Hologic, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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