The global ultrasound market size was valued at $xx billion in the year 2017.
It is expected to grow at a steady CAGR of x% during the forecast period to reach a market value of $xx billion by 2025.
Private sector companies are also investing in this market.
The number of diagnostic centers, hospitals, and clinics has increased significantly over the years.
India is currently the fastest growing ultrasound market in the world, and is expected to grow at a double digit CAGR during the forecast period.
The US ultrasound market, however, was suppressed in 2017 due to reduced government spending and a delay by private sectors in purchasing decisions.
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