The Global next-generation ultrasound systems market is expected to witness a CAGR of 9.3% during the forecast period. The rising demand for quality ultrasound systems in the healthcare field, availability of technologically developed products in the field of 3D, 4D, forthcoming 5D ultrasound systems, rising prevalence of targeted diseases, initiatives by government and providing funds, increasing research and development during COVID-19 are the key factors driving the growth of the global next-generation ultrasound systems market.
Moreover, there is the extensive entry of emerging players that are developing progressive ultrasound systems in the healthcare sector. Furthermore, integration of advanced technologies in ultrasound systems, demand for precise and accurate imaging entails a high-end ultrasound machine, growing applications, and mounting patient comfort levels owing to less scan time will accelerate the growth of the global next-generation ultrasound systems market.
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The COVID-19 pandemic has negatively impacted the global next-generation ultrasound system market owing to lockdown, movement restrictions, strict regulations about the opening of production units, private clinics, and other labs. Moreover, disruption in the supply chain, less number skilled staff, recruitment challenges for clinical trials will adversely affect the global next-generation ultrasound system market.
Mindray introduced the novel ME series of portable ultrasound systems to fight the COVID-19 pandemic. These systems feature smart fluid management solutions, comprehensive disinfection solutions, convenient and agile mobility, intuitive interface, and flexible battery solutions to help clinicians address diagnostic challenges and make rapid decisions. The ME series is available in Europe and selected countries
Based on product type, the next-generation ultrasound systems market is segmented into diagnostic ultrasound systems and therapeutic ultrasound systems. The therapeutic ultrasound systems further are divided into high-intensity focused ultrasound, extracorporeal shock wave lithotripsy, and doppler ultrasound. Doppler ganger has gained significant popularity owing to the rapid penetration of technologically developed systems globally and can prove sharp images in a short span of time.
North America is anticipated to hold the largest market share in the global next-generation ultrasound system market owing to better availability and high penetration of devices improved specialty centers providing facilities and easy diagnosis of diseases.
Some of the major players in the global next-generation ultrasound systems market include BK Medical Holding Company, Inc., Butterfly Network, Inc., Canon Inc., Clarius Mobile Health Corp., ESAOTE SPA, FUJIFILM Holdings Corporation, Hitachi, Ltd., GENERAL ELECTRIC, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., and Shimadzu Corporation.
Source: VynZ Research