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Diagnostic Ultrasound Market Projected to Reach US$ 11.1 Billion by 2032 Due to Technological Advancements | Market.us Study

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New York, April 11, 2023 (GLOBE NEWSWIRE) — According to Market.us, The global diagnostic ultrasound market is estimated to be valued at USD 11.1 billion by 2032 from USD 7.1 billion in 2022 and is expected to exhibit a CAGR of 4.7% during the forecast period 2023 to 2032. Diagnostic ultrasound is also known as sonography or diagnostic medical sonography. It is an imaging method that uses sound waves to produce images of structures within the body. This image provides important information for diagnosis and directing treatments for a variety of diseases and conditions.

Diagnostic Ultrasound Market By Technology

Get additional highlights on major revenue-generating segments, Request a Diagnostic Ultrasound Market sample report at https://market.us/report/diagnostic-ultrasound-market/request-sample/

Key Takeaways:

  • By technology, the 2D segment generated the largest revenue share of 37% in 2022.
  • By Application, the obstetrics/gynecology segment generated the largest revenue share of 28% in 2022.
  • By portability, the trolley-based segment generated the largest revenue share of 68% in 2022.
  • By End-User Analysis, the hospital segment generated the largest revenue share of 25% in 2022.
  • In 2022, North America dominated the market with the highest revenue share of 31.5%.
  • Asia Pacific region is expected to grow at a significant CAGR from 2023-2032.

With the increasing burden of chronic diseases such as cancer, heart disease, and diabetes, the need for diagnostic ultrasounds is increasing. The most significant use of ultrasound is during pregnancy. The diagnostic ultrasound provides information about the baby’s growth, development, and overall growth.

Factors affecting the growth of the diagnostic ultrasound market

There are several factors that can affect the growth of the diagnostic ultrasound market. Some of these factors include:

  • Increasing use in radiology: The ultrasounds in radiology are used to monitor an unborn baby and guide a surgeon during certain procedures. Ultrasound images are captured in real-time. This provides accurate information to the radiologist and helps in effective and fast diagnosis.
  • Increasing numbers of diagnostic centers: The healthcare industry continuously evolves due to increasing R&D facilities. The diagnostic ultrasound plays a vital role in monitoring an unborn baby, diagnosing a condition, or guiding the surgeon during the diagnosis process.
  • COVID-19: Increased cases of COVID-19 infections resulted in increased admission of patients in hospitals. Thus the need for diagnostic ultrasound machines was increased for the fast detection and diagnosis of diseases.

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Top Trends in Global Diagnostic Ultrasound Market

The technological advancements in diagnostic ultrasound, such as sensors, automatic monitoring, and the emergence of artificial intelligence in ultrasound imaging, are driving product demand in the market. The demand for diagnostic ultrasound is increasing for in-vitro fertilization treatment during pregnancy for monitoring the baby’s health. The major key players in the diagnostic ultrasound market are adopting business strategies such as merging, acquisition, and collaboration to obtain a competitive edge in the market.

Market Growth

The market growth is propelled by increasing technological advancements in ultrasound systems. Researchers are focusing on the adoption of artificial intelligence for automatically recognizing complex patterns in imaging data and providing quantitative assessments of radiographic data. Artificial intelligence in ultrasound is helpful in ultrasound imaging as it enhances the quality of the process and boosts the accuracy of diagnosis. AI in diagnostic ultrasound systems provides expert guidance, intelligent interpretation capabilities, and automated quality assessment.

Regional Analysis

The diagnostic ultrasound market was dominated by North America, which acquired the most significant revenue share of 31.5% in 2022. The increasing prevalence of chronic diseases propels the market growth in this region. The technological advancement rate of North America is more, driving the regional growth of the market. Around 48% of adults in the United States suffer from cardiovascular diseases. The governmental bodies are funding healthcare sectors to overcome such problems. This has spurred new innovations in the healthcare industry. Asia Pacific region is expected to grow at the fastest CAGR during the forecast period due to the increasing geriatric population and rising burden of chronic diseases in middle-income countries.

Competitive Landscape

Key companies in the diagnostic ultrasound market are expanding their business in foreign countries to stay competitive in the market. The major key players in the diagnostic ultrasound market include Canon Medical Systems Corporation, Esaote S.P, GE GealthCare Technologies Inc., Hologi Inc., Konica Minolta Inc., Koninklijke Philips N.V., Samsung Electronics Co. Ltd., Siemens Healthineers AG, Fujifilm Holdings Corporation, Mindray Medical International Limited, KronosMD Inc., Canon Inc., and Other Key Players.

 Recent Development of the Diagnostic Ultrasound Market

  • In February 2023, GE HealthCare Inc. acquired the San Mateo- headquartered AI medical technology manufacturers.
  • In August 2020, Siemens Healthineers AG announced it would acquire Varian Medical System representing a return to radiation therapy after the discontinuation of Siemens’s own linear acceleration.

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Scope of the Report

Report Attribute Details
Market Value (2022) USD 7.1 Billion
Market Size (2032) USD 11.1 Billion
CAGR (from 2023 to 2032) 4.7%
North America Revenue Share 31.5%
Historic Period 2016 to 2022
Base Year 2022
Forecast Year 2023 to 2032

Market Drivers

The applications of diagnostic ultrasounds are increasing in hospitals, maternity centers, radiology, and ambulatory surgical services, which is the primary factor driving the growth of the diagnostic ultrasound market. The increasing geriatric population in developed and developing countries are propelling the market growth. Due to the small size and reliability of ultrasounds, the demand for ultrasound machines is increasing in the healthcare industry.

Increasing use of ultrasound in cancer diagnosis fueling the demand for diagnostic ultrasound machines. Worldwide there is an emergence of cardiovascular diseases such as coronary heart diseases and rheumatic heart diseases. Diagnostic ultrasounds help surgeons diagnose such cardiovascular diseases. Diagnostic ultrasound machines are safer than X-ray and CAT scans; thus, the demand in the market is expected to grow.

Market Restraints

Diagnostic ultrasound machines are technologically advanced. Thus, they need regular maintenance, and high maintenance costs hamper the market growth. Sometimes these machines are unable to detect disease defects and take a clear image. The lack of skilled professionals, especially in middle-income countries, has a negative impact on market growth.

Market Opportunities

Diagnostic ultrasound plays a vital role during pregnancy in detecting the baby’s health and the baby’s structural conditions. Also, increasing the use of diagnostic ultrasound machines to guide central venous catheters and peripheral venous catheters is expected to drive the market. Furthermore, ultrasound guidance allows healthcare specialists and surgeons to detect anatomical targets and surrounding structures such as vessels, soft tissues, and nerves in real-time. Thus, increasing diagnostic ultrasound use in healthcare sectors is expected to create lucrative growth opportunities in the global diagnostic ultrasound market.

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Report Segmentation of the Diagnostic Ultrasound Market

Technology Insight

Based on technology, the 2D segment dominated with the largest market share and is expected to continue its dominance during the forecast period. 2D ultrasounds have significant applications during pregnancy. It creates a black-and-white image that displays the baby’s skeletal structure and makes the interior organs visible. It is generally used to diagnose of baby’s health. The accuracy rate of 2D ultrasounds is 95-98% depending on the baby, mother, and operatives-related factors. In addition, 2D ultrasounds are easily available in the market and are cost-effective. Therefore, demand for 2D ultrasounds is increasing in the market.

Application Insight

Based on application, the obstetrics/gynecology segment was dominant, with the largest market share in 2022. Obstetrical ultrasounds are helpful in clinical tests to establish the presence of a living embryo or fetus and the age of the pregnancy. In addition, they are useful in diagnosing fetus abnormalities. It has significant applications in estimating gestational age, location of the placenta, confirmation of pregnancy, and monitoring fetal well-being.

Portability Insight

Based on portability, the trolley-based segment was dominant in the market, with the largest market revenue share in 2022. Trolley-based diagnostics ultrasounds are easy to relocate and move from one place to other in hospitals and diagnostic centers. This is ideal for fetal monitors, patient monitors, ECG machines, and various medical devices. This enables healthcare specialists to diagnose bedridden patients conveniently at the bedside without disrupting the treatment. In addition, trolley-based ultrasounds are cost-effective and don’t need more space, enabling the adoption of trolley-based ultrasounds in small clinics and physicians.

End-User Insight

On the basis of end-user, the hospital segment was dominant in the market, with the largest market revenue share in 2022. With the increasing number of hospitals and the rising burden of chronic diseases, the demand for diagnostic ultrasounds is increasing. In addition, small clinics and multispecialty hospitals are rapidly adopting diagnostic ultrasounds due to the emergence of chronic diseases and their diagnosis.

For more insights on the historical and Forecast market data from 2016 to 2032 – download a sample report at https://market.us/report/diagnostic-ultrasound-market/request-sample/

Market Segmentation

By Technology

  • 2D
  • 3D & 4D
  • Doppler

By Application

  • General Imaging
  • Cardiology
  • Obstetrics/Gynecology
  • Anesthesiology
  • Radiology
  • Other Applications

By Portability

  • Trolley-Based
  • Compact/Handheld

By End-User

  • Hospitals
  • Maternity centers
  • Diagnostic Centers
  • Ambulatory Surgical services
  • Other End-Users

By Geography

  • North America
    • The US
    • Canada
    • Mexico
  • Western Europe
    • Germany
    • France
    • The UK
    • Spain
    • Italy
    • Portugal
    • Ireland
    • Austria
    • Switzerland
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • The Czech Republic
    • Greece
    • Rest of Eastern Europe
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • Australia & New Zealand
    • Indonesia
    • Malaysia
    • Philippines
    • Singapore
    • Thailand
    • Vietnam
    • Rest of APAC
  • Latin America
    • Brazil
    • Colombia
    • Chile
    • Argentina
    • Costa Rica
    • Rest of Latin America
  • Middle East & Africa
    • Algeria
    • Egypt
    • Israel
    • Kuwait
    • Nigeria
    • Saudi Arabia
    • South Africa
    • Turkey
    • United Arab Emirates
    • Rest of MEA

Key Market Players

  • Canon Medical Systems Corporation
  • Esaote S.P
  • GE GealthCare Technologies Inc.
  • Hologi Inc.
  • Konica Minolta Inc.
  • Koninklijke Philips N.V.
  • Samsung Electronics Co. Ltd.
  • Siemens Healthineers AG
  • Fujifilm Holdings Corporation
  • Mindray Medical International Limited
  • KronosMD Inc.
  • Other Key Players

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Congregating in the Lion City for a Win-Win Future of Intelligent Computing at the Global Data Center Facility Summit 2024

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SINGAPORE, May 17, 2024 /PRNewswire/ — On May 17, 2024, the Global Data Center Facility Summit 2024 was held in Singapore with the theme of “Power the Digital Era Forward.” At the summit, over 600 data center industry leaders, technical experts, and ecosystem partners gathered to discuss new trends and opportunities of the global data center industry in the intelligent computing era. The attendees also got to experience all-scenario, all-ecosystem, and all-service end-to-end (E2E) solutions, share innovative practices of green data centers in the Asia Pacific and Europe, and experience the exhibition vehicle to unveil the mystery of Outdoor PowerPOD that features one power system per container. By fully embracing the intelligent computing era, Huawei strives to power the digital era forward.

Seizing Opportunities Brought by AI and Jointly Building Green & Reliable Computing Infrastructure
At the opening speech, Charles Yang, Senior Vice President of Huawei and President of Marketing, Sales and Services, Huawei Digital Power, noted that since ChatGPT ushered in the AI era, large models keep pushing the limits of computing power and the intelligent computing industry is witnessing an unprecedented construction boom. As predicted, 100 GW will be added to the global data center installed capacity and the market value will exceed US$600 billion in the next five years.
According to Charles, with opportunities come challenges. The primary challenge concerning the data center industry is reliability and electricity. Data centers are scaling up from the MW-level to the GW-level. E2E reliability of data centers is becoming even more important than ever. In response to the opportunities, Huawei will work with customers and partners to expand the industry space.
Steering Data Centers to the AI Era with Product + Service + Ecosystem
During the summit, Sun Xiaofeng, President of Huawei Data Center Facility & Critical Power Business, delivered a speech titled “Power the Digital Era Forward. ” He stated that as AI large models are penetrating, the surging compute demands drive the expansive growth in data center.
To address the challenges, Huawei strives to build product + service + ecosystem E2E data center solutions that feature fast deployment, flexible cooling, green energy, and ultimate reliability.
Fast deployment: Data centers are fully modularized and prefabricated to ensure high quality and efficient construction.Flexible cooling: Air-liquid fusion and integrated cooling source emerges as the optimal cooling architecture for intelligent computing.Green energy: New generation-grid-load-storage integrated solution is built to ensure the sound operations of intelligent computing centers.Ultimate reliability: Data centers are safeguarded through reliable products and preventive protection.Currently, Huawei’s global service network covers more than 170 countries with over 1800 professional engineers, providing 24/7 technical support. With N+ flagship service centers, Huawei has built a one-hour service radius for its customers.
The ecosystem is a key part for a win-win future of intelligent computing. Huawei works with partners to develop comprehensive E2E solutions and provide customers with one-stop data center services.
During the summit, Huawei and the ASEAN Centre for Energy released a white paper on “Building Next Generation Data Center Facility in ASEAN.” The document provides insights into the status quo, challenges, and trends of data centers in the ASEAN region, and emphasizes that efficient and energy-saving products and solutions should be applied. It also proposes future-oriented policy recommendations for data center markets.
In the ecosystem exhibition area, Huawei showcased scenario-based solutions for large-, medium-, and small-sized data centers, and demonstrated data center consulting, design, integrated development, and delivery capabilities with dozens of ecosystem partners including CIMC, Weichai, CSCEC, and Huashi.
On a special note, the Huawei Outdoor PowerPOD exhibition vehicle made its global debut. The Huawei Outdoor PowerPOD features one power system per container, outdoor deployment, plug-and-play, and high protection rating and reliability. It has become the preferred choice for decoupling the power supply architecture.
A single tree cannot make a forest.
AI is presenting great opportunities. By delving into the industry, aggregating partner ecosystems, and making innovations applicable to transformations, Huawei will continue to help customers build reliable computing infrastructure, accelerating the industry to embrace AI and powering the digital era forward.
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HOYA Group Company, PENTAX of America, Inc. and MAGENTIQ EYE Ltd. Announce their Intention to Form a Distribution Partnership for the U.S Market

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WASHINGTON D.C., May 17, 2024 /PRNewswire/ — HOYA Group Company, PENTAX of America, Inc. (PENTAX Medical) and MAGENTIQ-EYE Ltd., an AI medical device company, announced today their intention to form a partnership in the field of AI in Gastroenterology and to examine further collaboration and strategic partnerships.

Pending field trials and customer demonstrations to be conducted over the next several months, the companies expect to formalize an agreement as a first step in this partnership, by which PENTAX Medical will distribute the MAGENTIQ-COLO™ AI-assisted lesion detection device in the U.S.A. beginning October 1st, 2024. The system will be demonstrated at the upcoming Digestive Disease Week (DDW) in Washington D.C., U.S.A.
MAGENTIQ-COLO™ is a cutting-edge system for the detection of gastrointestinal lesions in colonoscopies. Successfully validated in an international multicenter, randomized, controlled trial (RCT) with 950 enrolled patients at 10 hospitals in Europe, United States and Israel, its outstanding diagnostic capabilities are setting new standards in endoscopic AI.
“We are excited to bring the MAGENTIQ-COLO™ device to the GI community in the U.S. Together with PENTAX Medical’s product portfolio, we are confident to provide a smart solution in colonoscopy and contribute further to colorectal cancer prevention”, says David Harrison, President PENTAX of America, Inc.
“Partnering with PENTAX Medical is an important milestone for us, as it opens new opportunities to introduce our game changing product to the U.S. market, benefiting doctors and their patients and saving more lives”, says Dror Zur, Founder & CEO of MAGENTIQ-EYE.
About MAGENTIQ-EYE Ltd.Founded in 2014, MAGENTIQ-EYE offers a groundbreaking AI-aided colonoscopy solution that offers one of the best performances known today. With worldwide recognition from the gastroenterology community, and dozens of procedures performed every day with the assistance of MAGENTIQ-COLO™, we are setting the new standard of colonoscopy, and saving more and more lives. www.magentiq.com 
About PENTAX Medical
PENTAX Medical is a division of HOYA Group. The company’s mission is to improve the standard of patient care and quality of healthcare delivery by providing the best endoscopic products and services with a focus on QUALITY, CLINICALLY RELEVANT INNOVATION, and SIMPLICITY. PENTAX Medical strives to align with the healthcare community’s Triple Aim goals through transparent partnerships with its customers and by providing the highest quality solutions to help them reach their goals, including enabling customers to improve patient outcomes by offering evidence-based solutions across the continuum of care; ensuring value by supporting the customers to improve their efficiency and minimize their healthcare costs; and enriching patient and provider’s experience by empowering every member of the care team to achieve optimal outcomes through products, education, and support. Focused on the outcome instead of technological features, PENTAX Medical listens to the healthcare community and their patients, understands their daily obstacles and helps improve endoscopy with smart innovations.
For more information: https://www.pentaxmedical.com
About HOYA
Founded in 1941 in Tokyo, Japan, HOYA Corporation is a global technology and med-tech company and a leading supplier of innovative high-tech and medical products. HOYA is active in the fields of lifecare and information technology, providing eyeglasses, medical endoscopes, intraocular lenses, optical lenses, as well as key components for semiconductor devices, LCD panels, and hard disk drives. With over 150 offices and subsidiaries worldwide, HOYA currently employs a multinational workforce of 36,000 people. For more information, please visit: https://www.hoya.com/en/

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Pearson augments nursing content with generative AI study tools to improve nursing education and address shortages

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HOBOKEN, N.J., May 17, 2024 /PRNewswire/ — Pearson (FTSE: PSON.L), the world’s leading learning company, today announced the integration of AI study tools into its Nursing: A Concept-Based Approach to Learning series, the only nursing concepts curriculum built from the ground up as a comprehensive, cohesive learning system.

Pearson’s AI study tools combine the power of generative AI technology with trusted Pearson content to provide scaffolded, guided help when students are stuck on homework problems, and personalized explanations, summaries, and practice problems for more efficient studying.
“Integrating AI study tools into our concept-based nursing series enhances the learning experience, giving nursing students and nurse educators the resources they need to efficiently study and master course concepts,” said Anne Fahlgren, GM of Pearson’s professional portfolio. “This technology will help more nursing candidates prepare for and enter the workforce, while also giving nurse educators the means to scale their teaching further, addressing major challenges in nursing education and society.”
The AI study tools beta will be available both in Pearson+ eTextbook and the accompanying MyLab Nursing course in time for Fall 2024. MyLab is an interactive teaching and learning platform, backed by content from Pearson authors. The platform, with integrated eTextbook, allows instructors to design their course, assign homework and assessments, and monitor student progress in real time.
The US is experiencing shortages of nurses and nurse educators. The National Academy of Medicine’s 2021 report on The Future of Nursing: 2020-2030 notes that, in order to provide sufficient care for an aging population over the next decade, a substantial increase in the nursing workforce will be needed that can practice “in community-based settings with diverse populations that face a variety of lived experiences.” The NAM’s report also references hundreds of nursing faculty position vacancies that have contributed to tens of thousands of qualified applicants being turned away from nursing school admission due to the inability to adequately meet student demand.
Concept-based nursing curriculum is designed to focus on key concepts emphasizing a holistic understanding of nursing principles that can be applied across different patient populations, healthcare settings, and situations. This approach strengthens clinical reasoning skills in the course of patient care. Incorporating generative AI tools into Pearson’s concept-based nursing content supports nurse educators in scaling their teaching and students’ ability to study more efficiently.
Dr. Michelle Aebersold, University of Michigan School of Nursing Clinical Professor and contributor to Nursing: A Concept-Based Approach to Learning, said “Technological advancements like generative AI are transforming the nursing profession. The ability to adapt in a rapidly changing environment is a critical healthcare skill, whether it’s in the course of patient care or in preparing our future nurses for the workforce. The ability of the AI study tools to provide a more user-centered, customized experience is a huge benefit for our students. I’m glad they will have access to Pearson’s AI tools that accommodate the variety of ways students learn and provide personalized support in the moment students need it most. This is the future of individualized learning.”
A Fall 2023 survey of students using Pearson’s AI study tools beta showed strong levels of engagement, with 75% of respondents saying the tools were helpful or very helpful to their studies.
The inclusion of generative AI study tools further solidifies Pearson’s dedication to providing the most comprehensive and effective learning and teaching resources for nursing students and nurse educators across the US. Pearson’s AI study tools are already available in more than 30 Pearson Mastering titles and are set to be integrated into more than 40 Pearson+ eTextbooks and MyLab and Mastering titles across math, science, business, and nursing for August of 2024.
Pearson is committed to investing in the responsible application of AI to advance product innovation and enhance the learning experience to educate, certify, and credential students and the workforce.
Pearson product experts are available to demo the AI study tools for members of the media. Please request demonstrations with the media contact below.
About Pearson
At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c. 18,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s leading learning company, serving customers in nearly 200 countries with digital content, assessments, qualifications, and data. For us, learning isn’t just what we do. It’s who we are. Visit us at pearsonplc.com.
Media [email protected]
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