Exploring the Growth of Ultrasonic Testing in Healthcare: Non-Invasive Diagnostics on the Rise
The ultrasonic testing industry is expected to reach USD 4.60 billion by 2029 from USD 2.92 billion in 2024, at a CAGR of 9.5% during the 2024 - 2029 period.
The major factor
driving the ultrasonic testing industry growth includes the rising adoption of
portable array ultrasonic testing equipment. The rising adoption of PAUT
equipment has replaced conventional film radiography in multiple industries.
Traditionally, radiography testing uses short-wavelength electromagnetic
radiation to penetrate materials, with the transmitted radiation captured
either on radiation-sensitive film or sensor arrays. Despite radiography's
effectiveness, significant health risks arise due to radiation exposure.
Additionally, the traditional radiography testing process is time-consuming,
incurs high operational costs, and necessitates expensive equipment.
Bond testers are
projected to have the highest CAGR during the forecast period from 2024 to
2029.
Ultrasonic bond
testers are an important equipment used in the oil & gas and aerospace
industries. The ultrasonic bond tester can verify the integrity of adhesively
bonded joints. The demand for reliable testing has increased due to performance
and safety requirements in metal-to-metal joints, composite structures, and
sandwich constructions. These portable, microprocessor-based instruments
operate at low frequencies i.e. 4-400 kHz, facilitating them to penetrate
various adhesive layers and identify flaws in complex geometrics.
The time-of-flight
diffraction has the 2nd largest market share of the ultrasonic testing
industry in 2023.
Time-of-flight
diffraction (ToFD) ultrasonic testing is a sophisticated multiple mode
inspection technique, that relies on the determination of the traveling time of
sonic energy over material from one or more probes to another and offers a
highly accurate mode of crack detection, including slag and fusion deficiencies
which have improved beyond the commonly used ultrasonic methods whereby the
entire system of scanning, memory storage, and evaluation in defect height,
length, and location are all done by computerised system. This technique
assures precise measuring of crack sizes with minimized failure or shutdown
possibilities. Major applications involved are weld checking, crack inspection,
and pulse-echo inspections.
Asia Pacific region
is projected to have the highest CAGR during the forecast period from 2024 to
2029.
The demand for
ultrasonic testing has significantly grown in the Asia Pacific region due
to rapid infrastructure growth and rising automotive production. The countries
within the Asia Pacific region, i.e., China, Japan, and India, are highly
involved in producing defense aircraft that will further expand ultrasonic
testing across Asia Pacific defense and aerospace industries. India and China's
automotive industries will likely grow extensively during the forecast period.
The ultrasonic testing market will grow significantly with the increase in
vehicle manufacturing in these countries. Large-scale manufacturing automation
through the "Make in India" program holds considerable
opportunities for ultrasonic testing in the automotive and higher-scale
industries.
Key Players
The key players in
ultrasonic testing are Baker Hughes Company (US), EVIDENT (Japan), Eddyfi
(Canada), Sonatest (US), NDT Systems Inc (US), SGS SOCIETE GENERALE DE
SURVEILLANCE SA. (Switzerland), Intertek Group plc (UK), MISTRAS Group (US),
DEKRA (Germany), Applus+ (Spain), TÜV Rheinland (Germany), Element Materials
Technology (UK), Acoustic Control Systems (Germany), Amerapex Corporation (US),
Ashtead Technology (Scotland), Acuren (US), Modsonic Instruments Mfg. Co. (P)
Ltd. (India), SONOTEC GmbH (Germany), Applied Technical Services (US), Nexxis
(Australia), Vertech Group (Australia), Guided Ultrasonics Ltd. (US), IRISNDT
(Canada), Nanjing BKN Automation System Co., Ltd. (China), and OKOndt GROUP
(US).
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