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Endocavity Transducer Market Size, Share, and Industry Analysis, By Design (Convex/Curvilinear, Linear, and Others), By Resolution (2D and 3D/4D), By Application (Obstetrics & Gynecology, Urology, Cardiology, and Others), By End-user (Hospitals & Clinics, Diagnostic Imaging Centers, and Others), and Regional Forecast till 2032

Region : Global | Report ID: FBI111653 | Status : Ongoing

 

KEY MARKET INSIGHTS

The global endocavity transducer market is witnessing significant growth due to the increasing prevalence of various medical conditions, innovations in imaging technologies, shift toward minimally invasive surgical procedures, and the expansion of healthcare infrastructure, which is anticipated to boost the demand for efficient diagnostic tools such as endocavity transducers.

  • For instance, according to data published by Jones Lang LaSalle IP, Inc., in August 2023, the Indian healthcare system is expected to grow to USD 50.0 billion by 2033. This is expected to open several opportunities for various products, including endocavity transducers, thereby driving the market growth.

Endocavity Transducer Market Driver

Rising Incidence of Medical Conditions to Boost Market Growth

The growing incidence of various diseases, particularly prostate and gynecological cancers, has significantly boosted the need for detailed internal imaging. Endocavity transducers serve as a crucial device for diagnosing these conditions early, improving the patient outcomes. Additionally, the rise in awareness programs promotes early detection of such diseases, which is further expected to boost the demand for endocavity transducers, contributing to market growth.

  • For instance, according to data published by the CDC in June 2023, 236,659 new prostate cancers were reported in 2021. This is expected to boost the demand for effective diagnostic solutions such as endocavity transducers, propelling the market growth.

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According to data published by the World Cancer Research Fund, there were a total of 397,430 new prostate cancer cases globally and 230,125 in the U.S.

Endocavity Transducer Market Restraint

Limited Skilled Professionals May Hamper the Market Growth

Despite the growing demand for endocavity transducers, there is a shortage of skilled radiologists, especially in developing countries. This shortage can lead to delayed diagnoses and failure to meet the rising demand, which is further anticipated to limit the usage of endocavity transducers, hindering market growth.

  • For instance, India faces a significant shortage of radiologists, which is approximately 20,000 radiologists for 1.4 billion people. (August 2023) Such a scenario can limit the volume of diagnoses through the endocavity transducers, which is anticipated to hamper the market expansion.

Endocavity Transducer Market Opportunity

Advancements in Endocavity Transducer May Spur Market Expansion

Innovations in imaging technology, such as the introduction of 3D and 4D imaging capabilities, have enhanced the performance and reliability of endocavity transducers. These advancements improve image quality and increase operator comfort, making them more appealing for clinical use. This is anticipated to spur the market expansion over the coming years.

  • For instance, as of December 2024, ALPINION MEDICAL SYSTEMS Co., Ltd., mentioned that ultra-lightweight 3D/4D endocavity transducers offer enhanced convenience and reduce operator's fatigue, which may boost their utilization, propelling the market growth over the forthcoming years.

Segmentation

By Design

By Resolution

By Application

By End-user

By Geography

  • Convex/Curvilinear
  • Linear
  • Others
  • 2D
  • 3D/4D
  • Obstetrics & Gynecology
  • Urology
  • Cardiology
  • Others
  • Hospitals & Clinics
  • Diagnostic Imaging Centers
  • Others

· North America (U.S. and Canada)

· Europe (U.K., Germany, France, Spain, Italy, Scandinavia, and the Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)

· Latin America (Brazil, Mexico, and the Rest of Latin America)

· Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

Key Insights

The report covers the following key insights:

  • Prevalence of Key Conditions, By Key Countries/Region, 2023
  • Key Industry Developments (Mergers, Acquisitions, and Partnerships)
  • New Product Launches, By Key Players
  • Overview: Technological Advancements in Endocavity Transducers
  • Impact of COVID-19 on the Market

Analysis by Design

Based on design, the market is subdivided into convex/curvilinear, linear, and others.

The convex/curvilinear segment is expected to hold a major share of the global market. The segment's growth can be attributed to the high significance of this type of endocavity transducer in multiple applications such as abdominal imaging, vascular imaging, nerve imaging, and others, especially when in-depth visualization is needed.

  • For instance, as per data published by Lenard Enterprises, Inc., in September 2024, convex/curvilinear design allows for better visualization of larger internal structures, making them ideal for deep imaging in abdominal imaging, vascular imaging, nerve imaging, MSK, and OB/GYN, which is anticipated to boost the segment growth.

Analysis by Resolution

On the basis of resolution, the market is divided into 2D and 3D/4D.

The 3D/4D segment is expected to hold a substantial share of the global market. The segment growth can be attributed to the significant capabilities of 3D/4D resolutions, such as enhanced visualization, improved diagnostic accuracy, and real-time imaging compared to 2D resolution, which is boosting their demand across the globe.

  • For instance, according to an article published by Heart Medical in August 2024, 3D probes have a 7.5 MHz to 11 MHz frequency range, while 2D linear ultrasound probes have a 2.5 MHz to 12 MHz frequency range. These capabilities make them a valuable tool in modern medical diagnostics and interventions, thereby boosting the segment growth.

Analysis by Application

In terms of application, the market is subdivided into obstetrics & gynecology, urology, cardiology, and others.

The obstetrics & gynecology segment is expected to hold a substantial share of the global market during the forecast period. The segment growth can be attributed to the rising incidence of obstetrics & gynecology conditions such as ovarian cysts, endometriosis, and tumors, which may increase the diagnosis demand.

  • For instance, according to the Journal of Transfusion and Apheresis Science in June 2023, the prevalence of ovarian cysts was estimated between 8.0% and 18.0% among both premenopausal and postmenopausal women globally. This is increasing the diagnostic rate and utilizing endocavity transducers, which is expected to fuel the segment growth.

Analysis by End-user

By end-user, the market is fragmented into hospitals & clinics, diagnostic imaging centers, and others.

The diagnostic imaging centers segment is projected to expand at the highest CAGR during the projection period. The growth is mainly attributed to the preferential shift of patients from hospitals to independent imaging centers, which may spur the demand for diagnostic products, including endocavity transducers, in these settings.

  • For instance, according to data published by the Watson Imaging Center, out of inpatient imaging and outpatient imaging, 70.0% of prescribed imaging tests were performed in outpatient medical diagnostic imaging facilities. This surge in outpatient imaging is expected to boost the demand for endocavity transducers in diagnostic imaging centers, driving the segment growth.

Regional Analysis

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Based on region, the market has been studied across North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

North America accounted for the largest share of the global endocavity transducer market in 2023. The region's growth is attributed to the increasing prevalence of cardiovascular conditions such as valvular heart disease (VHD) in the U.S. and Canada, which is expected to fuel the demand for endocavity transducer for diagnosis.

  • For instance, according to the Journal of American Heart Association in April 2024, the valvular heart disease (VHD) prevalence was estimated at around 2.5% of U.S. adults, which is contributing to the usage of endocavity transducers in the region, driving the market growth.

Europe is the second-largest market based on the demand for endocavity transducers. The growth is driven by the high awareness of early detection of key conditions to avoid further complications. Moreover, the large number of diagnostic imaging experts and imaging centers in the region is anticipated to boost market growth.

Asia Pacific is expected to grow at the highest CAGR during the forecast period. The regional growth can be attributed to the rising number of gynecological conditions, including gynecological cancers, which may surge the need for diagnosis through effective solutions such as endocavity transducers.

  • For instance, according to the National Cancer Registry Programme (ICMR-NCRP) under the Indian Council of Medical Research, India was estimated to have more than 340,000 cases of cervical cancer in 2023, which may spur the demand for diagnosis through endocavity transducers, supporting the regional market growth.

Key Players Covered

The global endocavity transducer market is fragmented, with many companies offering various endocavity transducer products.

The report includes the profiles of the following key players:

  • GE HealthCare (U.S.)
  • Henry Schein, Inc. (U.S.)
  • Esaote SPA (Italy)
  • ALPINION MEDICAL SYSTEMS Co., Ltd. (South Korea)
  • Koninklijke Philips N.V. (Netherlands)
  • CANON MEDICAL SYSTEMS CORPORATION (Japan)
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
  • Hologic, Inc. (U.S.)
  • FUJIFILM Holdings Corporation (Japan)

Key Industry Developments

  • In January 2024, Koninklijke Philips N.V. introduced a groundbreaking miniature TEE ultrasound transducer, the X11-4t Mini 3D TEE, which has received FDA 510(k) clearance. This new device enhances cardiac imaging, allowing for detailed 3D images.
  • In February 2019, CANON MEDICAL SYSTEMS CORPORATION introduced the industry's first 33 MHz ultra-high frequency linear transducer on Aplio i800 to provide superb resolution.


  • Ongoing
  • 2024
  • 2019-2023
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