China Contrast Enhanced Ultrasound Market Size & Outlook
China contrast enhanced ultrasound market, 2018-2030 (US$M)
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China contrast enhanced ultrasound market highlights
- The China contrast enhanced ultrasound market generated a revenue of USD 119.4 million in 2023 and is expected to reach USD 209.4 million by 2030.
- The China market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, equipment was the largest revenue generating product in 2023.
- Contrast Agents is the most lucrative product segment registering the fastest growth during the forecast period.
Contrast enhanced ultrasound market data book summary
| Market revenue in 2023 | USD 119.4 million |
| Market revenue in 2030 | USD 209.4 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Contrast Agents |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Contrast Agents |
| Key market players worldwide | Lantheus Holdings Inc, GE Aerospace, Bracco, Siemens Healthineers AG ADR, Koninklijke Philips NV, Canon Inc, Mindray Medical International |
Other key industry trends
- In terms of revenue, China accounted for 5.5% of the global contrast enhanced ultrasound market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China contrast enhanced ultrasound market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 209.4 million by 2030.
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Contrast Enhanced Ultrasound Market Scope
Contrast Enhanced Ultrasound Market Companies
| Name | Profile | # Employees | HQ | Website |
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China contrast enhanced ultrasound market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to contrast enhanced ultrasound market will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 72.45% in 2023. Horizon Databook has segmented the China contrast enhanced ultrasound market based on equipment, contrast agents covering the revenue growth of each sub-segment from 2018 to 2030.
Various factors such as growth of private healthcare sector coupled with changing demographics & disease patterns are expected to boost the contrast-enhanced ultrasound market in China. The number of private hospitals is increasing every year.
This can be attributed to the allowance of foreign investments in the country’s healthcare sector. Ultrasound services are an integral and essential part of modern healthcare facilities and increasing number of hospitals is expected to propel the demand for contrast enhanced ultrasound in the region.
Moreover, importance of integrating contrast-enhanced ultrasound technology in point-of-care diagnostics has been a key takeaway in the country’s fight against COVID-19. Presence of large geriatric population in the country can be attributed for the growth of contrast-enhanced ultrasound market, as elderly people are more likely to suffer from gastrointestinal and cardiovascular diseases.
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Our clientele includes a mix of contrast enhanced ultrasound market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China contrast enhanced ultrasound market , including forecasts for subscribers. This country databook contains high-level insights into China contrast enhanced ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China contrast enhanced ultrasound market size, by product, 2018-2030 (US$M)
China Contrast Enhanced Ultrasound Market Outlook Share, 2023 & 2030 (US$M)
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