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Global 3D Ultrasound Market by End Use (Handheld, Cart/Trolley), by Application (POC, General Imaging, Cardiovascular) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-74389
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 60
  • No. Of Pages: 217
  • Format:
  • Pub. Date: 2021-10-21
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Summary of the Report

Global 3D ultrasound market was worth USD 2.9 billion in 2019. It is projected to grow at 6.6% compound annual growth rate (CAGR), between 2020 and 2027. The market's key drivers are the increasing prevalence of target diseases, the growing number of diagnostic centers and a preference for minimally invasive procedures. 3D imaging technology has also made it possible to improve diagnosis and provide immediate clinical information. This has helped to reduce healthcare costs. 3D imaging technology has been used in all areas of clinical care, from cardiology to gynecology and obstetrics to emergency care. 3D imaging offers many advantages over other imaging methods, including its cost-effectiveness and speed. 3D ultrasound imaging technology is evolving with miniaturization.

Real-time 3D ultrasound imaging can provide real-time images of the anatomical structures. The real-time 3D ultrasound is more useful for guiding surgical procedures. These devices are able to visualize 3D tissue organs. 3D ultrasound is also more accurate than volumetric imaging options like CT and MRI, which can acquire 30 volumes per second. It is expected to improve patient outcomes and reduce hospital costs.

Growth is also being boosted by the increasing number of product launches, FDA approvals for 3D technologies and other factors such as FDA approval. Philips Healthcare (Amsterdam) received FDA approval in May 2020 to market its ultrasound solution for COVID-19-related cardiac and lung complications. The market for 3D ultrasound is expected to grow due to artificial intelligence-guided 3D imaging. Caption Health, for example, was approved by the FDA in February 2020 for an ultrasound software that assists clinicians in capturing images of the heart.

End-use Insights

The market was dominated by cart/trolley-based products, which accounted for an 80.0% revenue share in 2019. Market growth is due to increasing product launches and high use of these devices. Hologic, Inc., for example, launched SuperSonic Mach 40, an ultrasound system that uses a cart. The segment is also in demand due to rising healthcare costs and increasing hospital admissions for various cardiac and pulmonary conditions.

The forecast period will see a 8.2% CAGR in handheld segments. The growth of POC 3D ultrasound imaging has been influenced by improvements in user-friendliness. Many companies are working to develop a portable ultrasound system that can be carried anywhere. Philip Healthcare, for example, opened a new segment of point-of-care in November 2015. Lumify was a mobile-based ultrasound device.

Application Insights

In 2019, the general imaging segment was the dominant market for 3D ultrasound. It accounted for 29.4% of the overall revenue. The growth is being driven by increasing adoption and product launches. In February 2018, GE Healthcare introduced LOGIQ E10 an AI-based radiology ultrasonic system that produces high-quality images of various body parts. This includes the heart, testes and thyroid, liver, breast and abdomen. A significant market share is also held by the cardiac 3D ultrasound segment. Preoperative planning has seen a significant increase in demand due to the evolution of transcatheter procedures like Transcatheter Aortic Valve Replacements (TAVR), Tricuspid Valve Repairs (TTVR), and Transcatheter Mitral Valve Repairs (TMVR) which are used to treat structured cardiac disease.

Due to increased use of ultrasound devices in hospitals and clinics, the point-of-care segment is expected to grow the fastest. Point of care ultrasound will be more in demand due to the lower cost of systems and the miniaturization technology. The major clinical applications of point-of-care 3D ultrasound systems are cardiac/critical care and musculoskeletal. They also provide emergency medicine (urgent or hospital-based), pain management, anesthesia, and musculoskeletal care. Because of its ability to see soft tissue in joints, ligaments and tendons, the segment has seen significant growth in musculoskeletal application.

Regional Insights

North America held the largest market share, 27.3%, in 2019. It is expected to continue its dominance during the forecast period. The market for 3D ultrasound in North America is divided into North America and Latin America. North America's dominance is due to its increasing product launches and favorable reimbursement. 3D imaging technology is also advancing rapidly in this region. The market is also being boosted by rising research and development costs and a growing patient pool.

The market for 3D Ultrasound in Asia Pacific is expected to grow at the fastest rate over the forecast period. The growth is due to a growing patient base and increasing preference for minimally invasive surgery. In the developing market, ultrasound is still underutilized for other core applications such as cardiology radiology and women's healthcare. It is expected that 3D ultrasound imaging will be more popular in this region.

Market Share Insights & Key Companies

GE Healthcare dominated the market for 3D ultrasound in 2019, with an estimated 35.0% market share. Industries are investing heavily in research and development, and they are constantly innovating. In July 2020, Hitachi, Ltd. and Hoya Corp announced a five year contract for an endoscopic ultrasound system. This was to increase its technical collaboration. Industry leaders are focused on miniaturization and better visualization. Multiplanar displays, which aid in rendering better views, are another focus of companies. Companies are also looking at the application of artificial intelligence technology to 3D ultrasound. The market leader in 3D ultrasound is:

  • GE Healthcare

  • Philips Healthcare

  • Canon

  • Hitachi

  • Siemens

  • Fujifilm

Up Market Research published a new report titled “3D Ultrasound Market research report which is segmented by End Use (Handheld, Cart/Trolley), by Application (POC, General Imaging, Cardiovascular), By Players/Companies Canon, Philips Healthcare, Fujifilm, Hitachi, GE Healthcare, Siemens”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report Title3D Ultrasound Market Research Report
By End UseHandheld, Cart/Trolley
By ApplicationPOC, General Imaging, Cardiovascular
By CompaniesCanon, Philips Healthcare, Fujifilm, Hitachi, GE Healthcare, Siemens
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages217
Number of Tables & Figures152
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global 3D Ultrasound Industry Outlook

Global 3D Ultrasound Market Report Segments:

The market is segmented by End Use (Handheld, Cart/Trolley), by Application (POC, General Imaging, Cardiovascular).

3D Ultrasound Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the 3D Ultrasound Market

Overview of the regional outlook of the 3D Ultrasound Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


3D Ultrasound Market Overview

Highlights of The 3D Ultrasound Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of 3D Ultrasound Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By End Use:

                1. Handheld

                2. Cart/Trolley

        7. By Application:

                1. POC

                2. General Imaging

                3. Cardiovascular

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 3D Ultrasound Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

3D Ultrasound Market Trends

Reasons to Purchase the 3D Ultrasound Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 3D Ultrasound Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 3D Ultrasound Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 3D Ultrasound Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the 3D Ultrasound Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global 3D Ultrasound Market Size & Forecast, 2018-2028 
      4.5.1 3D Ultrasound Market Size and Y-o-Y Growth 
      4.5.2 3D Ultrasound Market Absolute $ Opportunity 


Chapter 5 Global 3D Ultrasound Market Analysis and Forecast by End Use
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by End Use
      5.1.2 Basis Point Share (BPS) Analysis by End Use
      5.1.3 Absolute $ Opportunity Assessment by End Use
   5.2 3D Ultrasound Market Size Forecast by End Use
      5.2.1 Handheld
      5.2.2 Cart/Trolley
   5.3 Market Attractiveness Analysis by End Use

Chapter 6 Global 3D Ultrasound Market Analysis and Forecast by Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Application
      6.1.2 Basis Point Share (BPS) Analysis by Application
      6.1.3 Absolute $ Opportunity Assessment by Application
   6.2 3D Ultrasound Market Size Forecast by Application
      6.2.1 POC
      6.2.2 General Imaging
      6.2.3 Cardiovascular
   6.3 Market Attractiveness Analysis by Application

Chapter 7 Global 3D Ultrasound Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 3D Ultrasound Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America 3D Ultrasound Analysis and Forecast
   9.1 Introduction
   9.2 North America 3D Ultrasound Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America 3D Ultrasound Market Size Forecast by End Use
      9.6.1 Handheld
      9.6.2 Cart/Trolley
   9.7 Basis Point Share (BPS) Analysis by End Use 
   9.8 Absolute $ Opportunity Assessment by End Use 
   9.9 Market Attractiveness Analysis by End Use
   9.10 North America 3D Ultrasound Market Size Forecast by Application
      9.10.1 POC
      9.10.2 General Imaging
      9.10.3 Cardiovascular
   9.11 Basis Point Share (BPS) Analysis by Application 
   9.12 Absolute $ Opportunity Assessment by Application 
   9.13 Market Attractiveness Analysis by Application

Chapter 10 Europe 3D Ultrasound Analysis and Forecast
   10.1 Introduction
   10.2 Europe 3D Ultrasound Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe 3D Ultrasound Market Size Forecast by End Use
      10.6.1 Handheld
      10.6.2 Cart/Trolley
   10.7 Basis Point Share (BPS) Analysis by End Use 
   10.8 Absolute $ Opportunity Assessment by End Use 
   10.9 Market Attractiveness Analysis by End Use
   10.10 Europe 3D Ultrasound Market Size Forecast by Application
      10.10.1 POC
      10.10.2 General Imaging
      10.10.3 Cardiovascular
   10.11 Basis Point Share (BPS) Analysis by Application 
   10.12 Absolute $ Opportunity Assessment by Application 
   10.13 Market Attractiveness Analysis by Application

Chapter 11 Asia Pacific 3D Ultrasound Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific 3D Ultrasound Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific 3D Ultrasound Market Size Forecast by End Use
      11.6.1 Handheld
      11.6.2 Cart/Trolley
   11.7 Basis Point Share (BPS) Analysis by End Use 
   11.8 Absolute $ Opportunity Assessment by End Use 
   11.9 Market Attractiveness Analysis by End Use
   11.10 Asia Pacific 3D Ultrasound Market Size Forecast by Application
      11.10.1 POC
      11.10.2 General Imaging
      11.10.3 Cardiovascular
   11.11 Basis Point Share (BPS) Analysis by Application 
   11.12 Absolute $ Opportunity Assessment by Application 
   11.13 Market Attractiveness Analysis by Application

Chapter 12 Latin America 3D Ultrasound Analysis and Forecast
   12.1 Introduction
   12.2 Latin America 3D Ultrasound Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America 3D Ultrasound Market Size Forecast by End Use
      12.6.1 Handheld
      12.6.2 Cart/Trolley
   12.7 Basis Point Share (BPS) Analysis by End Use 
   12.8 Absolute $ Opportunity Assessment by End Use 
   12.9 Market Attractiveness Analysis by End Use
   12.10 Latin America 3D Ultrasound Market Size Forecast by Application
      12.10.1 POC
      12.10.2 General Imaging
      12.10.3 Cardiovascular
   12.11 Basis Point Share (BPS) Analysis by Application 
   12.12 Absolute $ Opportunity Assessment by Application 
   12.13 Market Attractiveness Analysis by Application

Chapter 13 Middle East & Africa (MEA) 3D Ultrasound Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) 3D Ultrasound Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) 3D Ultrasound Market Size Forecast by End Use
      13.6.1 Handheld
      13.6.2 Cart/Trolley
   13.7 Basis Point Share (BPS) Analysis by End Use 
   13.8 Absolute $ Opportunity Assessment by End Use 
   13.9 Market Attractiveness Analysis by End Use
   13.10 Middle East & Africa (MEA) 3D Ultrasound Market Size Forecast by Application
      13.10.1 POC
      13.10.2 General Imaging
      13.10.3 Cardiovascular
   13.11 Basis Point Share (BPS) Analysis by Application 
   13.12 Absolute $ Opportunity Assessment by Application 
   13.13 Market Attractiveness Analysis by Application

Chapter 14 Competition Landscape 
   14.1 3D Ultrasound Market: Competitive Dashboard
   14.2 Global 3D Ultrasound Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Canon
      14.3.2 Philips Healthcare
      14.3.3 Fujifilm
      14.3.4 Hitachi
      14.3.5 GE Healthcare
      14.3.6 Siemens
Segments Covered in the Report
The global 3D Ultrasound market has been segmented based on

By End Use
  • Handheld
  • Cart/Trolley
By Application
  • POC
  • General Imaging
  • Cardiovascular
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Canon
  • Philips Healthcare
  • Fujifilm
  • Hitachi
  • GE Healthcare
  • Siemens

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