Japan Ultrasound Devices Market Insights Forecasts to 2033        

• The Japan Ultrasound Devices Market Size was valued at USD 446.10 Million in 2023
• The Market Size is Growing at a CAGR of 6.02% from 2023 to 2033.
• The Japan Ultrasound Devices Market Size is Expected to Reach USD 800.75 Million by 2033.

The Japan Ultrasound Devices Market Size is Expected to Reach USD 800.75 Million by 2033, at a CAGR of 6.02% during the forecast period 2023 to 2033.

Market Overview

A type of medical imaging technology is ultrasound. An ultrasound device uses high-frequency sound waves to visualize the body's internal organs. It is a device that records images of internal organs using high-frequency sound waves. An ultrasound system is made up of a transducer and an ultrasonic detector, or probe. Ionizing radiation is not used in this minimally invasive diagnostic technology to diagnose or treat body illnesses. Ultrasonography can image the bones, lungs, and lining surrounding the lungs when the lungs and lining surrounding the lungs are completely or partially filled with fluid. Ultrasound is commonly used during pregnancy to monitor the development of the fetus, but it can also be used to image the heart, blood arteries, thyroid, brain eyes, abdominal organs, breast, skin, and muscles. Images of ultrasound can be viewed in two dimensions, three dimensions, or four dimensions. Color and Doppler ultrasound and pulsed Doppler ultrasound are two types of functional ultrasonography that are used to measure and visualize blood flow in arteries, including the heart. It can also determine the rate of blood flow and the direction of movement. This is accomplished through the use of Doppler imaging, which employs color-coded maps. Doppler ultrasound is commonly used to determine whether plaque buildup inside the carotid arteries is obstructing blood flow to the brain. High-Intensity Focused Ultrasound (HIFU) is a type of therapeutic ultrasound that employs highly targeted high-intensity sound beams. HIFU is being researched as a method to change or destroy unhealthy or abnormal tissues within the body without opening or tearing the skin or causing harm to the surrounding tissue. Hence, growing government and private support for ultrasound imaging research and development, the increasing number of healthcare providers, technological advancements, and the rising prevalence of chronic diseases are all propelling the Japanese ultrasound device market forward.

Report Coverage

This research report categorizes the market for the Japan ultrasound devices market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan ultrasound devices market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan ultrasound devices market.

Driving Factors

The ultrasound devices market is being propelled forward by technological advancements. The market is undergoing a transformative shift as a result of continuous innovation and breakthroughs in ultrasound technology. 3D/4D imaging, enhanced portability, AI integration, and elastography are among the advanced features that are revolutionizing diagnostic capabilities and significantly improving patient care. These technological advancements not only improve the accuracy and efficiency of diagnostic procedures but also help with treatment planning. Ultrasound devices are widely used to diagnose cardiovascular diseases, gynecological diseases, musculoskeletal diseases, and cancer, among other things; thus, with Japan's rising chronic disease burden, demand for ultrasound devices is expected to rise during the forecast period. Furthermore, rising public and private investments, funding, and grants, as well as an increase in the number of pregnancies, are expected to drive market revenue growth. Furthermore, ongoing advancements in new applications of ultrasound techniques for the treatment of disorders such as uterine fibroid are driving the ultrasound device market forward.

Restraining Factors

However, adverse healthcare changes, a scarcity of competent and well-trained sonographers, and rising end-user demand for reconditioned equipment are expected to hamper market growth. Furthermore, regulatory scientific gaps and roadblocks, such as a lack of acoustic and thermal measurement and simulation tools for therapeutic ultrasound device output characterization, are expected to restrict market growth over the forecast period.

Market Segment

• In 2023, the diagnostic ultrasound systems segment accounted for the largest revenue share over the forecast period.

Based on the product type, the Japan ultrasound devices market is segmented into diagnostic ultrasound systems, 2D imaging systems, 3D & 4D imaging systems, doppler imaging, therapeutic ultrasound systems, high-intensity focused ultrasound (HIFU), extracorporeal shockwave lithotripsy ESWL. Among these, the diagnostic ultrasound systems segment has the largest revenue share over the forecast period. The rise in the prevalence of breast cancer, which necessitates breast imaging for early detection, is driving market growth. Furthermore, demand for advanced ultrasound systems in clinical segments such as anesthesia and pain management, OB/GYN, emergency care, musculoskeletal applications, primary care, and general imaging radiology is expected to supplement the Japan ultrasound imaging systems market's overall growth.

• The radiology/general imaging segment is witnessing significant CAGR growth over the forecast period.

Based on application, the Japan ultrasound devices market is segmented into radiology/general imaging, obstetrics/gynecology, cardiology, urology, vascular, and others. Among these, the radiology/general imaging segment is witnessing significant CAGR growth over the forecast period. The increased demand for high-quality diagnostic and therapeutic imaging capabilities, as well as increased awareness of radiation dose concerns with other imaging modalities, have fueled manufacturers' interest in developing more advanced ultrasound devices. Factors such as rising cancer prevalence in major countries, increasing market availability as well as physician preference for HIFU in cancer treatment, technological advancements in ultrasound-based diagnosis and treatment, increased use of ultrasound in cancer diagnosis and tissue biopsy, and rising adoption of focused ultrasound in disease therapies are all contributing factors.

• In 2023, the trolley/cart-based ultrasound devices segment accounted for the largest revenue share over the forecast period.

Based on the device portability, the Japan ultrasound devices market is segmented into trolley/cart-based ultrasound devices, and compact/handheld ultrasound devices. Among these, the trolley/cart-based ultrasound devices segment has the largest revenue share over the forecast period. Though the market is shifting toward smaller, lower-cost, and more portable ultrasound devices, trolley/cart ultrasound devices will not be replaced. This is primarily due to the larger trolley/cart-based ultrasound machines' more accurate diagnostic capabilities and high performance. And, to do so, these machines require a large number of high-performance transmitters and receivers, resulting in large trolley/cart-based implementations, boosting market growth.

• The hospitals segment is witnessing significant CAGR growth over the forecast period.

Based on end use, the Japan ultrasound devices market is segmented into hospitals, imaging centers, and surgical centers. Among these, the hospitals segment is witnessing significant CAGR growth over the forecast period. The extensive use of ultrasound devices in hospital settings, as well as an increase in the number of patients visiting hospitals with various lifestyle-related disorders, can be attributed to the segment's growth. The introduction of portable systems is expected to increase the demand for ultrasound devices in outpatient and in-patient settings. Furthermore, increased adoption of technologically advanced imaging systems, as well as increased merger and acquisition activity among hospitals and market players, are expected to drive demand for new installations in the coming years.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan ultrasound devices market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Canon Medical Systems Corporation
• Fujifilm Holdings Corporation
• GE Healthcare
• Hologic Inc.
• Koninklijke Philips NV
• Konica Minolta, Inc.
• Neusoft Medical Systems Co. Ltd
• Esaote SPA
• Siemens Healthineers AG
• Carestream Health
• Becton, Dickinson, and Company
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In April 2023, The Pharmaceutical and Medical Devices Agency (PMDA) permitted EDAP TMS SA to commercialize the ExactVu micro-ultrasound biopsy platform in Japan.

• In February 2022, Fujifilm Sonosite, Inc., a Japanese company, launched the Sonosite LX system, which expands its next-generation point-of-care ultrasound system (POCUS) portfolio.

Market Segment

This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Japan Ultrasound Devices Market based on the below-mentioned segments:

Japan Ultrasound Devices Market, By Product Type

• Diagnostic Ultrasound Systems
• 2D Imaging Systems
• 3D & 4D Imaging Systems
• Doppler Imaging
• Therapeutic Ultrasound Systems
• High-Intensity Focused Ultrasound (HIFU)
• Extracorporeal Shockwave Lithotripsy (ESWL)

Japan Ultrasound Devices Market, By Application

• Radiology/General Imaging
• Obstetrics/Gynecology
• Cardiology
• Urology
• Vascular
• Others

Japan Ultrasound Devices Market, By Device Portability

• Trolley/Cart-Based Ultrasound Devices
• Compact/Handheld Ultrasound Devices

Japan Ultrasound Devices Market, By End Use

• Hospitals
• Imaging Centers
• Surgical Centers