Global market for UT equipment to top US $50 billion by 2021


The global market for ultrasonic equipment should reach $54.5 billion by 2021, from $31.6 billion in 2016, at a compound annual growth rate (CAGR) of 11.5% for 2016 to 2021, according to a new report from Research and Markets.

This report provides:
  • An overview of the global market for ultrasonics and related technologies and products
  • Analyses of global market trends, with data from 2015, estimates for 2016 and projections of CAGRs through to 2021
  • Identification of viable technology drivers through a comprehensive look at various platform technologies for new and existing ultrasound products and application markets
  • An evaluation of ultrasonic market opportunities to help develop targeted promotional plans
  • Information on market player initiatives attempting to meet market demand for various types of ultrasonic products
  • Profiles of major companies in the industry.

This report has been prepared in a simple format that can be easily understood, with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of ultrasonic technologies and products, with reasons given for variations in the growth of the industry in certain regions.

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