Global Phased Array Ultrasonic Transducer Market is Predicted to be Worth US$ 525.6 Million, Growing at a CAGR of 4.80% Over the Forecast Period (2020-2027)

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Phased Array Ultrasonic Transducer
Phased Array Ultrasonic Transducer 

Phased array ultrasonic transducers are an advanced technique of ultrasonic testing that is widely utilized in medical imaging and industrial non-destructive testing, and they play a significant part in modern healthcare. Medical ultrasonography uses phased array ultrasonic transducers to provide an image of internal body structures such as blood vessels, joints muscles, tendons, and internal organs in order to pinpoint the source of sickness. Furthermore, the Phased Array Ultrasonic Transducer Market has some limitations, such as difficulties in operation and data interpretation, as well as difficulty in attaining good ultrasonic coupling due to the greater probe dimension.

Furthermore, according to the 2018 Reproductive Health Report, obstetric ultrasonography is proven to be highly advantageous for low and middle-income nations due to easy access, appropriate evidence of disease causation after diagnostic procedures, and high utility, effectiveness, and cost-effectiveness. The Global Phased Array Ultrasonic Transducer Market is Growing as a result of these causes. COVID-19 has spread to over 100 nations worldwide since its outbreak in December 2019, prompting the World Health Organization to designate it as a public health emergency. According to a report published by the World Health Organization, the coronavirus (COVID-19) has infected more than 33.4 million people worldwide as of September 29, 2020.

Increased demand for Phased Array Ultrasonic Transducer Market for medical ultrasonography is being driven by an increase in the global incidence of heart disease problems such as heart attacks and coronary artery disorders. According to the World Health Organization, roughly 17.9 million individuals died from cardiovascular illnesses worldwide in 2017, accounting for 31% of all deaths from cardiovascular disease. Furthermore, due to the rising prevalence of cardiovascular disorders, North America is predicted to increase the demand for phased array ultrasonic transducers for cardiac evaluation. According to a report issued by the Centers for Disease Control and Prevention in 2020, roughly 18.2 million adults over the age of 30 in the United States have coronary artery disease.

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