Europe Next-Generation Ultrasound Systems Market 2021-2031 by Component (Hardware, Software), Product Type (Diagnostic, Therapeutic), Technology (2D, 3D/4D, Others), Portability

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Sep 2022 - 139 Pages - From $3,200
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Europe next-generation ultrasound systems market was valued at $1,541.9 million in 2021 and will grow by 6.1% annually over 2021-2031, driven by the mounting prevalence of chronic diseases, the surging demand for high-quality and portable diagnostic tools, the rapid adoption of novel technologies like 3D/4D and AI/IoT, and snowballing healthcare expenditure and government investments to support the R&D activities.
Highlighted with 63 tables and 60 figures, this 139-page report “Europe Next-Generation Ultrasound Systems Market 2021-2031 by Component (Hardware, Software), Product Type (Diagnostic, Therapeutic), Technology (2D, 3D/4D, Others), Portability (Cart/Trolley-Based, Portable, Handheld and Wearables), Application, End User, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe next-generation ultrasound systems market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
 
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure 
• Growth Drivers 
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe next-generation ultrasound systems market in every aspect of the classification from perspectives of Component, Product Type, Technology, Portability, Application, End User, and Country. 
 
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 
• Hardware
• Software
 
Based on Product Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 
• Diagnostic Ultrasound Systems
• Therapeutic Ultrasound Systems
o High-Intensity Focused Ultrasound
o Extracorporeal Shock Wave Lithotripsy
o Doppler Ultrasound
 
Based on Technology, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 
• 2D Ultrasound Systems
• 3D/4D Ultrasound Systems
• Other Technologies
 
By Portability, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 
• Cart/Trolley-Based Systems
• Portable Systems
• Handheld Devices and Wearables
 
By Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 
• General Imaging
• Cardiovascular Imaging
• Obstetrics and Gynecology Imaging
• Vascular Imaging
• Lung Imaging
• Urology Imaging
• Orthopedics/Musculoskeletal Imaging
• Other Applications
 
By End User, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 
• Hospitals
• Diagnostic Centers
• Ambulatory Surgical Centers (ASCs)
• Clinics
• Other End Users
 
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Netherlands
• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland) 
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Product Type, Technology and Application over the forecast years are also included.
 
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players: 
BK Medical ApS (Analogic Corporation)
Butterfly Network, Inc.
Canon, Inc.
Claruis Mobile Health Corporation
Esaote S.p.A.
Fujifilm Holdings Corporation
General Electric Company
Healcerion Co., Ltd.
Hitachi, Ltd.
Hologic, Inc.
Koninklijke Philips N.V.
Samsung Electronics Co., Ltd.
Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
Shimadzu Corporation
Siemens Healthineers AG 
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
 
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 25
2.2 Major Growth Drivers 27
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter’s Fiver Forces Analysis 40
3 Segmentation of Europe Market by Component 44
3.1 Market Overview by Component 44
3.2 Hardware 46
3.3 Software 47
4 Segmentation of Europe Market by Product Type 48
4.1 Market Overview by Product Type 48
4.2 Diagnostic Ultrasound Systems 50
4.3 Therapeutic Ultrasound Systems 51
4.3.1 High-Intensity Focused Ultrasound 52
4.3.2 Extracorporeal Shock Wave Lithotripsy 53
4.3.3 Doppler Ultrasound 54
5 Segmentation of Europe Market by Technology 55
5.1 Market Overview by Technology 55
5.2 2D Ultrasound Systems 57
5.3 3D/4D Ultrasound Systems 58
5.4 Other Technologies 59
6 Segmentation of Europe Market by Portability 60
6.1 Market Overview by Portability 60
6.2 Cart/Trolley-Based Systems 62
6.3 Portable Systems 63
6.4 Handheld Devices and Wearables 64
7 Segmentation of Europe Market by Application 65
7.1 Market Overview by Application 65
7.2 General Imaging 67
7.3 Cardiovascular Imaging 68
7.4 Obstetrics and Gynecology Imaging 69
7.5 Vascular Imaging 70
7.6 Lung Imaging 71
7.7 Urology Imaging 72
7.8 Orthopedics/Musculoskeletal Imaging 73
7.9 Other Applications 74
8 Segmentation of Europe Market by End User 75
8.1 Market Overview by End User 75
8.2 Hospitals 77
8.3 Diagnostic Centers 78
8.4 Ambulatory Surgical Centers (ASCs) 79
8.5 Clinics 80
8.6 Other End Users 81
9 European Market 2021-2031 by Country 82
9.1 Overview of European Market 82
9.2 Germany 85
9.3 U.K. 87
9.4 France 90
9.5 Spain 92
9.6 Italy 94
9.7 Netherlands 96
9.8 Rest of European Market 98
10 Competitive Landscape 100
10.1 Overview of Key Vendors 100
10.2 New Product Launch, Partnership, Investment, and M&A 104
10.3 Company Profiles 105
BK Medical ApS (Analogic Corporation) 105
Butterfly Network, Inc. 107
Canon, Inc. 108
Claruis Mobile Health Corporation 110
Esaote S.p.A. 111
Fujifilm Holdings Corporation 112
General Electric Company 114
Healcerion Co., Ltd. 118
Hitachi Ltd. 119
Hologic, Inc. 125
Koninklijke Philips N.V. 127
Samsung Electronics Co., Ltd. 131
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. 134
Shimadzu Corporation 135
Siemens Healthineers AG 137
RELATED REPORTS 139
List of Tables:
 
Table 1.  Snapshot of Europe Next-Generation Ultrasound Systems Market in Balanced Perspective, 2021-2031 18
Table 2. World Economic Outlook, 2021-2031 22
Table 3. World Economic Outlook, 2021-2023 23
Table 4. World Health Spending by Region, $ bn, 2013-2020 32
Table 5.  Main Product Trends and Market Opportunities in Europe Next-Generation Ultrasound Systems Market 36
Table 6. Europe Next-Generation Ultrasound Systems Market by Component, 2021-2031, $ mn 44
Table 7. Europe Next-Generation Ultrasound Systems Market by Product Type, 2021-2031, $ mn 48
Table 8. Europe Next-Generation Ultrasound Systems Market: Therapeutic Ultrasound Systems by Type, 2021-2031, $ mn 51
Table 9. Europe Next-Generation Ultrasound Systems Market by Technology, 2021-2031, $ mn 55
Table 10. Europe Next-Generation Ultrasound Systems Market by Portability, 2021-2031, $ mn 60
Table 11. Europe Next-Generation Ultrasound Systems Market by Application, 2021-2031, $ mn 65
Table 12. Europe Next-Generation Ultrasound Systems Market by End User, 2021-2031, $ mn 75
Table 13. Europe Next-Generation Ultrasound Systems Market by Country, 2021-2031, $ mn 84
Table 14. Germany Next-Generation Ultrasound Systems Market by Product Type, 2021-2031, $ mn 86
Table 15. Germany Next-Generation Ultrasound Systems Market by Technology, 2021-2031, $ mn 86
Table 16. Germany Next-Generation Ultrasound Systems Market by Application, 2021-2031, $ mn 86
Table 17. U.K. Next-Generation Ultrasound Systems Market by Product Type, 2021-2031, $ mn 89
Table 18. U.K. Next-Generation Ultrasound Systems Market by Technology, 2021-2031, $ mn 89
Table 19. U.K. Next-Generation Ultrasound Systems Market by Application, 2021-2031, $ mn 89
Table 20. France Next-Generation Ultrasound Systems Market by Product Type, 2021-2031, $ mn 91
Table 21. France Next-Generation Ultrasound Systems Market by Technology, 2021-2031, $ mn 91
Table 22. France Next-Generation Ultrasound Systems Market by Application, 2021-2031, $ mn 91
Table 23. Spain Next-Generation Ultrasound Systems Market by Product Type, 2021-2031, $ mn 93
Table 24. Spain Next-Generation Ultrasound Systems Market by Technology, 2021-2031, $ mn 93
Table 25. Spain Next-Generation Ultrasound Systems Market by Application, 2021-2031, $ mn 93
Table 26. Italy Next-Generation Ultrasound Systems Market by Product Type, 2021-2031, $ mn 95
Table 27. Italy Next-Generation Ultrasound Systems Market by Technology, 2021-2031, $ mn 95
Table 28. Italy Next-Generation Ultrasound Systems Market by Application, 2021-2031, $ mn 95
Table 29. Netherlands Next-Generation Ultrasound Systems Market by Product Type, 2021-2031, $ mn 97
Table 30. Netherlands Next-Generation Ultrasound Systems Market by Technology, 2021-2031, $ mn 97
Table 31. Netherlands Next-Generation Ultrasound Systems Market by Application, 2021-2031, $ mn 97
Table 32. Next-Generation Ultrasound Systems Market in Rest of Europe by Country, 2021-2031, $ mn 99
Table 33. Breakdown of World Market by Key Vendor, 2021, % 102
Table 34. BK Medical ApS (Analogic Corporation): Company Snapshot 105
Table 35. Butterfly Network, Inc.: Company Snapshot 107
Table 36. Canon, Inc.: Company Snapshot 108
Table 37. Canon, Inc.: Revenue by Region in 2020 109
Table 38. Canon, Inc.: Revenue by Segment in 2020 109
Table 39. Claruis Mobile Health Corporation: Company Snapshot 110
Table 40. Esaote S.p.A.: Company Snapshot 111
Table 41. Fujifilm Holdings Corporation: Company Snapshot 112
Table 42. Fujifilm Holdings Corporation: Revenue by Region in 2020 113
Table 43. Fujifilm Holdings Corporation: Revenue by Segment in 2020 113
Table 44. General Electric: Company Snapshot 114
Table 45.  General Electric: Product Portfolio of Medical Devices 116
Table 46. Healcerion Co., Ltd.: Company Snapshot 118
Table 47. Hitachi Ltd.: Company Snapshot 119
Table 48. Hitachi Ltd.: Revenue Distribution by Segment in 2021 120
Table 49. Hitachi Ltd.: Revenue Distribution by Region in 2020 120
Table 50. Hologic, Inc.: Company Snapshot 125
Table 51. Hologic, Inc.: Revenue by Region in 2020 126
Table 52. Hologic, Inc.: Revenue by Segment in 2020 126
Table 53. Koninklijke Philips N.V.: Company Snapshot 127
Table 54. Koninklijke Philips N.V.: Product Portfolio of Medical Devices 128
Table 55. Samsung Electronics Co., Ltd.: Company Snapshot 131
Table 56.  Samsung Electronics Major Products by Business Division 132
Table 57. Samsung Electronics Co., Ltd.: Revenue by Region in 2020 132
Table 58. Samsung Electronics Co., Ltd.: Revenue by Segment in 2020 133
Table 59. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.: Company Snapshot 134
Table 60. Shimadzu Corporation: Company Snapshot 135
Table 61. Shimadzu Corporation: Revenue by Region in 2020 136
Table 62. Shimadzu Corporation: Revenue by Segment in 2020 136
Table 63. Siemens Healthineers: Company Snapshot 137
 
 
 
 
List of Figures:
 
Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 17
Figure 4. Europe Next-Generation Ultrasound Systems Market, 2021-2031, $ mn 20
Figure 5. Impact of COVID-19 on Business 25
Figure 6. Primary Drivers and Impact Factors of Europe Next-Generation Ultrasound Systems Market 27
Figure 7.  Leading Causes of Death in the World, 2019-2020, million 30
Figure 8.  Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 31
Figure 9. World Population 65 and Over, % of Total Population, 1950-2060 31
Figure 10. Primary Restraints and Impact Factors of Europe Next-Generation Ultrasound Systems Market 33
Figure 11. Investment Opportunity Analysis 37
Figure 12. Porter’s Fiver Forces Analysis of Europe Next-Generation Ultrasound Systems Market 40
Figure 13. Breakdown of Europe Next-Generation Ultrasound Systems Market by Component, 2021-2031, % of Revenue 45
Figure 14. Europe Addressable Market Cap in 2022-2031 by Component, Value ($ mn) and Share (%) 45
Figure 15. Europe Next-Generation Ultrasound Systems Market by Component: Hardware, 2021-2031, $ mn 46
Figure 16. Europe Next-Generation Ultrasound Systems Market by Component: Software, 2021-2031, $ mn 47
Figure 17. Breakdown of Europe Next-Generation Ultrasound Systems Market by Product Type, 2021-2031, % of Sales Revenue 49
Figure 18. Europe Addressable Market Cap in 2022-2031 by Product Type, Value ($ mn) and Share (%) 49
Figure 19. Europe Next-Generation Ultrasound Systems Market by Product Type: Diagnostic Ultrasound Systems, 2021-2031, $ mn 50
Figure 20. Europe Next-Generation Ultrasound Systems Market by Product Type: Therapeutic Ultrasound Systems, 2021-2031, $ mn 51
Figure 21. Europe Next-Generation Ultrasound Systems Market by Therapeutic Ultrasound Systems: High-Intensity Focused Ultrasound, 2021-2031, $ mn 52
Figure 22. Europe Next-Generation Ultrasound Systems Market by Therapeutic Ultrasound Systems: Extracorporeal Shock Wave Lithotripsy, 2021-2031, $ mn 53
Figure 23. Europe Next-Generation Ultrasound Systems Market by Therapeutic Ultrasound Systems: Doppler Ultrasound, 2021-2031, $ mn 54
Figure 24. Breakdown of Europe Next-Generation Ultrasound Systems Market by Technology, 2021-2031, % of Sales Revenue 56
Figure 25. Europe Addressable Market Cap in 2022-2031 by Technology, Value ($ mn) and Share (%) 56
Figure 26. Europe Next-Generation Ultrasound Systems Market by Technology: 2D Ultrasound Systems, 2021-2031, $ mn 57
Figure 27. Europe Next-Generation Ultrasound Systems Market by Technology: 3D/4D Ultrasound Systems, 2021-2031, $ mn 58
Figure 28. Europe Next-Generation Ultrasound Systems Market by Technology: Other Technologies, 2021-2031, $ mn 59
Figure 29. Breakdown of Europe Next-Generation Ultrasound Systems Market by Portability, 2021-2031, % of Revenue 61
Figure 30. Europe Addressable Market Cap in 2022-2031 by Portability, Value ($ mn) and Share (%) 61
Figure 31. Europe Next-Generation Ultrasound Systems Market by Portability: Cart/Trolley-Based Systems, 2021-2031, $ mn 62
Figure 32. Europe Next-Generation Ultrasound Systems Market by Portability: Portable Systems, 2021-2031, $ mn 63
Figure 33. Europe Next-Generation Ultrasound Systems Market by Portability: Handheld Devices and Wearables, 2021-2031, $ mn 64
Figure 34. Breakdown of Europe Next-Generation Ultrasound Systems Market by Application, 2021-2031, % of Revenue 66
Figure 35. Europe Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 66
Figure 36. Europe Next-Generation Ultrasound Systems Market by Application: General Imaging, 2021-2031, $ mn 67
Figure 37. Europe Next-Generation Ultrasound Systems Market by Application: Cardiovascular Imaging, 2021-2031, $ mn 68
Figure 38. Europe Next-Generation Ultrasound Systems Market by Application: Obstetrics and Gynecology Imaging, 2021-2031, $ mn 69
Figure 39. Europe Next-Generation Ultrasound Systems Market by Application: Vascular Imaging, 2021-2031, $ mn 70
Figure 40. Europe Next-Generation Ultrasound Systems Market by Application: Lung Imaging, 2021-2031, $ mn 71
Figure 41. Europe Next-Generation Ultrasound Systems Market by Application: Urology Imaging, 2021-2031, $ mn 72
Figure 42. Europe Next-Generation Ultrasound Systems Market by Application: Orthopedics/Musculoskeletal Imaging, 2021-2031, $ mn 73
Figure 43. Europe Next-Generation Ultrasound Systems Market by Application: Other Applications, 2021-2031, $ mn 74
Figure 44. Breakdown of Europe Next-Generation Ultrasound Systems Market by End User, 2021-2031, % of Revenue 75
Figure 45. Europe Addressable Market Cap in 2022-2031 by End User, Value ($ mn) and Share (%) 76
Figure 46. Europe Next-Generation Ultrasound Systems Market by End User: Hospitals, 2021-2031, $ mn 77
Figure 47. Europe Next-Generation Ultrasound Systems Market by End User: Diagnostic Centers, 2021-2031, $ mn 78
Figure 48. Europe Next-Generation Ultrasound Systems Market by End User: Ambulatory Surgical Centers (ASCs), 2021-2031, $ mn 79
Figure 49. Europe Next-Generation Ultrasound Systems Market by End User: Clinics, 2021-2031, $ mn 80
Figure 50. Europe Next-Generation Ultrasound Systems Market by End User: Other End Users, 2021-2031, $ mn 81
Figure 51. Breakdown of European Next-Generation Ultrasound Systems Market by Country, 2021 and 2031, % of Revenue 83
Figure 52. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 84
Figure 53.  Next-Generation Ultrasound Systems Market in Germany, 2021-2031, $ mn 85
Figure 54.  Next-Generation Ultrasound Systems Market in U.K., 2021-2031, $ mn 87
Figure 55.  Next-Generation Ultrasound Systems Market in France, 2021-2031, $ mn 90
Figure 56.  Next-Generation Ultrasound Systems Market in Spain, 2021-2031, $ mn 92
Figure 57.  Next-Generation Ultrasound Systems Market in Italy, 2021-2031, $ mn 94
Figure 58.  Next-Generation Ultrasound Systems Market in Netherlands, 2021-2031, $ mn 96
Figure 59.  Next-Generation Ultrasound Systems Market in Rest of Europe, 2021-2031, $ mn 98
Figure 60. Growth Stage of Europe Next-Generation Ultrasound Systems Industry over the Forecast Period 100
 
 
 
 

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