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Global Ultrasound Transducer Market: By Technology; By Type; By End-Use: Automotive, Food and Beverage, Medical and Healthcare, Aerospace and Defense, Industrial; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Ultrasound Transducer Market Outlook
The global ultrasound transducer market stood at a value of USD 3.8 billion in 2020 and is projected to grow at a CAGR of 3.5% over the forecast period of 2022-2027.
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Ultrasound transducers are used in diagnostic, surgical treatments, and non-invasive processes, including lithotripsy. Primary diagnostic purposes of these instruments include maternity, cardiovascular, abdominal, cerebrovascular, gynaecological, and urological examinations, as well as breast, tiny tissue parts, paediatric, and operational examinations.
Market Segmentation
The ultrasound transducer market can be divided on the basis of segments like type, end-use, and technology.
The industry can be divided on the basis of its type as ultrasonic proximity sensor, ultrasonic retro-reflective sensor, and ultrasonic through-beam sensor. The industry can be broadly divided based on its end-use segments into:
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- Automotive
- Food and Beverage
- Medical and Healthcare
- Aerospace and Defence
- Industrial
The industry can be classified on the basis of its technology as ultrasonic medical technology, ultrasonic processing technology, and ultrasonic testing technology.
The EMR report looks into the regional ultrasound transducer markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The ultrasound transducer market owes its growth to factors like the increasing prevalence of cardiovascular, respiratory, and abdominal disorders, growing mergers and acquisitions, and the growing number of product launches. The growing use of ultrasound machines in medical imaging of different circumstances and the introduction of developed transducers are some of the critical drivers of the industry. The high cost of the ultrasound product is the only constraint of ultrasound transducer market.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global ultrasound transducer market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Siemens AG (OTCMKTS: SIEGY)
- Honeywell International Inc.
- Rockwell Automation, Inc.
- Murata Manufacturing Co. Ltd
- Omron Corporation
- Sick AG
- Banner Engineering Corp.
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Type, End-Use, Region |
| Breakup by Technology | Ultrasonic Medical Technology, Ultrasonic Processing Technology, Ultrasonic Testing Technology |
| Breakup by Type | Ultrasonic Proximity Sensor, Ultrasonic Retro-reflective Sensor, Ultrasonic Through-beam Sensor |
| Breakup by End-Use | Automotive, Food and Beverage, Medical and Healthcare, Aerospace & Defense, Industrial |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Siemens AG, Honeywell International Inc., Rockwell Automation, Inc., Murata Manufacturing Co. Ltd, Omron Corporation, Sick AG, Banner Engineering Corp. |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Ultrasound Transducer Market Analysis
8.1 Key Industry Highlights
8.2 Global Ultrasound Transducer Historical Market (2017-2021)
8.3 Global Ultrasound Transducer Market Forecast (2022-2027)
8.4 Global Ultrasound Transducer Market by Technology
8.4.1 Ultrasonic Medical Technology
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Ultrasonic Processing Technology
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Ultrasonic Testing Technology
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Ultrasound Transducer Market by Type
8.5.1 Ultrasonic Proximity Sensor
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Ultrasonic Retro-reflective Sensor
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Ultrasonic Through-beam Sensor
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.6 Global Ultrasound Transducer Market by End-Use
8.6.1 Automotive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Food and Beverage
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Medical and Healthcare
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Aerospace and Defence
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Industrial
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2017-2021)
8.6.5.3 Forecast Trend (2022-2027)
8.7 Global Ultrasound Transducer Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Siemens Healthcare GmbH
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Mindray DS USA, Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 General Electric Company
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Samsung Electronics Co., Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Koninklijke Philips N.V.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 FUJIFILM Sonosite, Inc.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Canon Medical Systems Corporation
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Esaote S.p.A
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Ultrasound Transducer Market: Key Industry Highlights, 2017 and 2027
2. Global Ultrasound Transducer Historical Market: Breakup by Technology (USD Million), 2017-2021
3. Global Ultrasound Transducer Market Forecast: Breakup by Technology (USD Million), 2022-2027
4. Global Ultrasound Transducer Historical Market: Breakup by Type (USD Million), 2017-2021
5. Global Ultrasound Transducer Market Forecast: Breakup by Type (USD Million), 2022-2027
6. Global Ultrasound Transducer Historical Market: Breakup by End-Use (USD Million), 2017-2021
7. Global Ultrasound Transducer Market Forecast: Breakup by End-Use (USD Million), 2022-2027
8. Global Ultrasound Transducer Historical Market: Breakup by Region (USD Million), 2017-2021
9. Global Ultrasound Transducer Market Forecast: Breakup by Region (USD Million), 2022-2027
10. North America Ultrasound Transducer Historical Market: Breakup by Country (USD Million), 2017-2021
11. North America Ultrasound Transducer Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Europe Ultrasound Transducer Historical Market: Breakup by Country (USD Million), 2017-2021
13. Europe Ultrasound Transducer Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Asia Pacific Ultrasound Transducer Historical Market: Breakup by Country (USD Million), 2017-2021
15. Asia Pacific Ultrasound Transducer Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Latin America Ultrasound Transducer Historical Market: Breakup by Country (USD Million), 2017-2021
17. Latin America Ultrasound Transducer Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Middle East and Africa Ultrasound Transducer Historical Market: Breakup by Country (USD Million), 2017-2021
19. Middle East and Africa Ultrasound Transducer Market Forecast: Breakup by Country (USD Million), 2022-2027
20. Global Ultrasound Transducer Market Structure
Key Questions Answered in the Report
In 2020, the global ultrasound transducer market attained a value of nearly USD 3.8 billion.
The market is projected to grow at a CAGR of 3.5% between 2022 and 2027.
The industry is primarily being driven by the growing prevalence of cardiovascular, pulmonary, and abdominal problems, increased mergers and acquisitions, a growing number of product launches, and increasing use of ultrasound machines owing to its high efficiency and safety.
The key trends augmenting the market growth are the expanding usage of ultrasound machines in medical imaging of various cases and the introduction of advanced transducers.
The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
Ultrasonic medical technology, ultrasonic processing technology, and ultrasonic testing technology are the different types of technologies in the industry.
The different types include ultrasonic proximity sensor, ultrasonic retro-reflective sensor, and ultrasonic through-beam sensor.
The various end-uses of the industry are automotive, food and beverage, medical and healthcare, aerospace and defence, and industrial.
The major players in the industry are Siemens AG, Honeywell International Inc., Rockwell Automation, Inc., Murata Manufacturing Co. Ltd, Omron Corporation, Sick AG, and Banner Engineering Corp.
Analyst Review
The global ultrasound transducer market attained a value of USD 3.8 billion in 2020, driven by the growing frequency of cardiovascular, pulmonary, and abdominal problems. Aided by the expanding usage of ultrasound machines in medical imaging of various cases and the introduction of advanced transducers, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 3.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on technology, the global ultrasound transducer industry can be segmented into ultrasonic medical technology, ultrasonic processing technology, and ultrasonic testing technology. By types of sensors, the market can be divided into ultrasonic proximity sensor, ultrasonic retro-reflective sensor, and ultrasonic through-beam sensor. On the basis of end-use, automotive, food and beverage, medical and healthcare, aerospace and defence, and industrial are the various segments. The major regional markets for the global ultrasound transducer industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific. The key players in the above market include Siemens AG, Honeywell International Inc., Rockwell Automation, Inc., Murata Manufacturing Co. Ltd, Omron Corporation, Sick AG, and Banner Engineering Corp.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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