[FURL=https://www.industryarc.com/Research/Ultrasound-Transducer-Market-Research-508563/]Ultrasound Transducer Market[/FURL] size is estimated to reach $5.2 billion by 2026, growing at a CAGR of 3.8% during the forecast period 2021-2026. Ultrasound transducers deals with medical ultrasonography to produce and detect the ultrasound waves. Ultrasonic sensors in the transducer translate electrical energy into sound waves that bounce off body tissues and emit echoes. The transducer picks up these echoes and sends them to a computer, which turns them into a sonogram picture. Ultrasound transducers are available in different sizes and shapes, and they exhibit diverse features. Ultrasound transducers come in a variety of sizes and forms, as well as a variety of features. Factors such as rising demand for minimally invasive therapies and the rising prevalence of respiratory, cardiovascular, and abdominal disorders are driving the market forward. Increasing applications of piezoelectric sensors in diagnostic imaging of various conditions and the introduction of advanced ultrasound transducers are the other major factors driving the market growth.
Key Takeaways
Geographically, North America Ultrasound Transducer Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the high adoption of piezoelectric sensors, Nondestructive testing (NDT) in imaging the thyroid gland, breast and carotid artery in the region.
The high demand for radiation-free and non-invasive diagnostic modalities is driving the growth of the general imaging segment.
Lack of experience and skilled sonographers is one of the major factors that is said to reduce the growth of the Market.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Ultrasound Transducer Market report.
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Ultrasound Transducer Market Drivers
Growing Technological Advancements in Ultrasound Transducer Devices
Rising Use of Ultrasonic Systems
Ultrasound Transducer Industry outlook:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Ultrasound Transducer Market. Key companies of this market are E Healthcare, Siemens, Canon Medical Systems, Koninklijke Philips N.V., Samsung Medison, FUJIFILM SonoSite, Esaote, Hitachi, SIUI, Mindray, Shenzhen Ruqi Technology, Shenzhen Jiarui Electronic Technology, SonoScape Medical, among others.
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