The Acoustic Medicine and Ultrasound Therapy Market report conducts calculations based on specific base and historic years, providing insights into market performance during forecasted periods, detailing market definitions, classifications, applications, and engagements. It assesses general market conditions, estimates client company market shares and potential sales volumes, forecasts the market potential for new product launches, and identifies optimal distribution methods for specific products. This report integrates historic data with future forecasts, delivering a comprehensive global and regional market analysis.
When imbued with the most current insights and analyses, a market research report like Acoustic Medicine and Ultrasound Therapy Market can yield maximal benefits for businesses. By studying consumer trends and supply chain dynamics, the report aids in devising effective production strategies. Additionally, it furnishes company profiles, product specifications, production values, manufacturer contact information, and market shares. Through competitor analysis, businesses gain insights into key players' strategies, encompassing new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions, fostering a deeper understanding of market dynamics and opportunities.
The acoustic medicine and ultrasound therapy market is expected to witness market growth at a rate of 5.87% in the forecast period of 2021 to 2028. Currently standing at a market value of USD 1619.98 million, the market is expected to reach USD 2556.77 million by 2028
Definition
Acoustic medicine is a medical treatment wherein the blood supply to a particular tissue is increases so as to relive the tissue of any kind of chronic pain or any musculoskeletal conditions. Ultrasound devices are used to provide ultrasound therapy that uses high-frequency sound waves to image and visualize the organs.
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Key Growth Drivers:
Rising technological advancements in the ultrasound systems is one of the major factors fostering the growth of the market. Rising awareness and interest of the people towards natural methods of medication is also inducing growth in the market value. Rising prevalence of sprains, spondylolysis and spondylolisthesis, stingers, disc injury and other sports injuries is also an important market growth determinant.
On the other hand, lack of awareness about the concept of acoustic medicine will derail the market growth rate. High installation and maintenance costs of ultrasound devices will further challenge the market growth rate. Also, dearth of skilled and experienced sonographers will hamper the market growth rate.
The report emphasizes the participation of key entities, notably:
Danaher, Mettler Electronics Corp., BTL., ZetrOZ Systems, Dynatronics Corporation, Koninklijke Philips N.V., Abaxis, Abbott, F. Hoffmann-La Roche Ltd, Siemens AG, Beckman Coulter, Inc., BD , Johnson & Johnson Services, Inc., bioMérieux SA, Biomerica, Inc., GENERAL ELECTRIC COMPANY, Medtronic, Canon Inc., SAMSUNG, Carestream Health, FUJIFILM Holdings Corporation, Hitachi, Ltd., and Hologic, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Key Market Perspectives:
- Thorough examination of prevailing market tendencies
- Updates on the latest product advancements and innovations
- Acoustic Medicine and Ultrasound Therapy Market Compound Annual Growth Rate (CAGR) for both historic and forecasted years
- Strategies and activities of prominent players and brands in the field
- Insights into the industry landscape for emerging participants
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Key Market Segmentation
By Technology (Diagnostic and Therapeutic), Modality (Bench-top, Hand-Held and Others), Portability (Trolley/ Cart-Based and Compact/ Handheld) Application (Emergency Medicine, Cardiology, Obstetrics and Gynecology, Oncology Surgery, Urology, Vascular Surgery, Musculoskeletal, Osteoarthritis, Space Adaptation Back Pain, Sports Injuries, Trapezius Muscle Spasm and Others), End User (Hospitals, Private Clinics, Medical Research Institutes, Physiotherapy Centers, Chiropractic Clinics, Healthcare Settings, Public Health Agencies and Others)
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