Report : Europe Ultrasound Transducer Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product (Linear, Convex, Phased Array, Endocavitary, CW Doppler, TEE Probes, Others); Application (Cardiovascular, General Imaging, Musculoskeletal, OB and GYN, Vascular, Other); End User (Hospital, Clinics, Diagnostic Centers, Ambulatory Surgery Centers (ASCs))
According to a new market research study of “Europe Ultrasound Transducer Market Forecast to 2027 - Covid-19 Impact and Global Analysis by Product, Application and End User,” Europe Ultrasound Transducer Market is projected to reach US$ 1,342.55 million by 2027 from US$ 1,040.09 million in 2019. The market is estimated to grow at CAGR of 3.3% from 2020 to 2027. The report highlights trends prevailing in the Europe ultrasound transducer market and the factors driving market along with those that act as hindrances.
The Europe ultrasound transducer market, based on product, is further segmented into linear, convex, phased array, endocavitary, CW doppler, tee probes, and others. The convex segment held the largest share in the global ultrasound transducer market in 2019. Moreover, the linear transducers segments is expected to grow at a faster pace during the forecast period. Linear transducers are used for wide range of applications like vascular examination, venipuncture, blood vessel visualization, laparoscopy and others.
Europe ultrasound transducer market is expected to grow owing to factors such as increasing prevalence of chronic diseases in Europe and increasing ultrasound research activities. However, shortage of healthcare professionals in Europe is likely to have a negative impact on the growth of the market in the coming years.
Leading companies operating in the Europe ultrasound transducer market are Siemens Healthineers AG, Koninklijke Philips N.V., General Electric Company, Samsung (Samsung Medison Co Ltd), Esaote SpA among others.
Europe Ultrasound Transducer Market, By Country, 2019 (% share)
The report segments Europe ultrasound transducer market as follows:
- Phased Array
- CW Doppler
- TEE Probes
- 2D TEE Probes
- 3D TEE Probes
- 4D TEE Probes
- Age group
- General Imaging
- OB and GYN
By End User
- Diagnostic Centers
- Ambulatory Surgery Centers (ASCs)