Global Ultrasound Pulser IC Market Overview: 2020-2026
The global demand for the Ultrasound Pulser IC market is expected to grow at a CAGR of xx%, xx% xx%, and xx% respectively in Europe, North America, APAC, and the Middle East.
The Ultrasound Pulser IC market was valued at US$ xx Mn in 2019 is expected to reach US$ xx Mn by the end of 2026 at a CAGR of xx% from 2020 to 2026.
Ultrasonic pulsar IC is also known as an ultrasonic transmitter or high voltage pulsar. The IC has a built-in damping circuit that generates fast return-to-zero waveforms. An ultrasound pulser IC consists of MOSFET gate drive buffers, control logic circuits, clamp circuits, and high-current, level translators, high-voltage MOSFETs as the ultrasound transmitter pulser output stage. In order to improve the better performance, it is equipped with HVCMOS technology. Ultrasound pulser ICs are used in applications in, pulse waveform generators, medical ultrasound imaging, piezoelectric, capacitive transducers, and sonar and radar systems.
Global Ultrasound Pulser IC Market Dynamics:
Increasing Use in Healthcare Industry to Drive Global Ultrasound Pulser IC Market
The growth in the medical industry and increasing applications of Ultrasound Pulser IC especially in the medical industry are accelerating the market growth. Ultrasound pulser IC wide variety of applications includes, they are used as ultrasound material NDT, medical ultrasound imaging, as a high voltage driver used as capacitive MEMS transducer or piezoelectric or ARE system, and as a signal source used as a pulser generator. The demand is high for portable ultrasound pulser IC besides, with the development in ultrasonic instruments from heavy, trolley-based systems to lightweight and portable devices such as handheld battery-powered devices are further fuelled the market growth. Consumer awareness towards health and with the rising trends towards e-commerce platforms that are offering convenience, competitive pricing, and wide product selection has made a positive impact on the market growth. For instance, in the US, 11% of all health and personal care sales occur online.
The report has profiled ten key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analysis and report has come up with recommendations for a future hot spot in the Asia Pacific. Major country’s policies about manufacturing and their impact on Ultrasound Pulser IC demand are covered in the report.
Global Ultrasound Pulser IC Market Segment Analysis
Global Ultrasound Pulser IC Market
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The Healthcare segment is expected grow at a CAGR of xx% during the forecast period.
By End-Use, in 2019, the global healthcare segment was xx% and it is estimated to reach USD$ XX Mn by 2026. The global health spending was valued at USD$ XX Bn and it is expected to reach USD$ XX Bn by 2026. For instance, U.S. health care spending grew 4.6 percent in 2019, reaching $3.8 trillion or $11,582 per person according to National Health Expenditure Accounts (NHEA).
Global Ultrasound Pulser IC Market Regional Insights:
Global Ultrasound Pulser IC Market 1
North America is expected to grow at a CAGR of xx% during the forecast period and is expected to reach xx% market share by 2026
North America held the largest market share in 2019 and is expected to maintain its leading position in the coming years. The market growth in North America is attributed to increasing investments in R & D for the development of medical devices and laboratories that includes modern state-of-art facilities. U.S is one the leading countries that spend huge expenditure on the aerospace & defense sector which in turn has created many lucrative opportunities for the ultrasound pulser IC market. Other factors that are further boosting the market growth are rising disposable income and consumer awareness towards health. High demand for ultrasound medical devices are driving the market growth in Europe.
The ultrasound pulser IC market in the Asia Pacific is projected to expand at a rapid pace during the forecast period, led by the growth of the healthcare industry in the region. For instance, the total per capita government spending on healthcare has nearly doubled from 1,008 per person in 2015 to 1,944 in 2020, and total expenditure by the Centre and states for 2020 was 2.6 trillion, or 1.29% of GDP. The government are investing more in order to support various institutions, hospitals, and transfers to states under centrally sponsored schemes such as Ayushman Bharat this has created many lucrative opportunities for key players operating in this market.
The report also helps in understanding global Ultrasound Pulser IC market dynamics, structure by analyzing the market segments and project global Ultrasound Pulser IC market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global Ultrasound Pulser IC market make the report investor’s guide.
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Scope of the Global Ultrasound Pulser IC Market: Inquire before buying
Global Ultrasound Pulser IC market by Region
• North America
• Middle East & Africa
• Asia Pacific
• South America
• Maxim Integrated
• ABLIC Inc.
• Supertex Inc.
• Texas Instruments Incorporated
• Hitachi Ltd.
• Microchip Technology Inc.
• Other Key players
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