Ultrasound Devices Market By Product Type (Cart-Based Ultrasound Devices, Compact Ultrasound Devices, Portable Ultrasound Devices, Tabletop Ultrasound Devices, Bluetooth-Enabled Ultrasound Devices, Point-of-Care Devices), By Technology (Diagnostic Ultrasound {2D Ultrasound, 3D Ultrasound, 4D Ultrasound, Doppler Ultrasound, Contrast-Enhanced Ultrasound, Elastography}, Therapeutic Ultrasound {High-Intensity Focused Ultrasound, Extracorporeal Shock Wave Lithotripsy, Targeted Drug Delivery, Physiotherapy Ultrasound}), By Application (Radiology, Cardiology, Obstetrics and Gynecology, Musculoskeletal, Anesthesiology, Emergency Medicine, Pediatrics, Breast Imaging), By End-user (Hospitals & Clinics, Diagnostic Imaging Centers, Ambulatory Surgical Centers, Veterinary Clinics), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

Published Date: Apr 2025 | Report ID: MI2498 | 220 Pages


Industry Outlook

The Ultrasound Devices Market accounted for USD 10.21 Billion in 2024 and is expected to reach USD 18.23 Billion by 2035, growing at a CAGR of around 5.41% between 2025 and 2035. The Ultrasound Devices Market is a thoroughly focused segment of the medical imaging industry. This field defines the development, manufacturing, and distribution of those devices employing high-frequency sound waves to produce real-time images of internal organs, tissue, and blood flow. These systems significantly contribute to diagnostic observations and therapeutic procedures for radiology, cardiology, obstetrics, and emergency medicine. Demand for ultrasound systems is increasing with the rise in demand for non-invasive and non-radiation imaging, the prevalence of chronic diseases, and advances in portable and AI-integrated ultrasound machines.

Report Scope:

ParameterDetails
Largest MarketNorth America
Fastest Growing MarketAsia Pacific
Base Year2024
Market Size in 2024USD 10.21 Billion
CAGR (2025-2035)5.41%
Forecast Years2025-2035
Historical Data2018-2024
Market Size in 2035USD 18.23 Billion
Countries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South Africa
What We CoverMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and 10 companies
Segments CoveredProduct Type, Technology, Application, End-user, and Region.

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Market Dynamics

Rising demand for non-invasive diagnostic procedures boosts ultrasound device adoption worldwide.

The surge in demand for non-invasive diagnostic procedures is fast pushing the worldwide acceptance of ultrasound devices. Ultrasound imaging is gaining increasing acceptance worldwide among patients and healthcare providers; it is safe because it does not involve ionizing radiation that is harmful, like X-rays or CT scans. This makes it most suitable for vulnerable populations such as pregnant women, children, and the elderly. Ultrasound imaging also enjoys the ability to monitor and diagnose in real time. The clinical importance of this modality will be further enhanced since it can be applied to a range of medical specialties, from cardiology to obstetrics.

With increasing focus on preventive health care, early detection of diseases is increasingly prioritized, making ultrasound the investigation of choice. The fact that it is also very economical compared to other useful modalities is purely icing on the cake for its use in the developed and upcoming markets. The handheld and portable designs are offering services to remote and underserved areas. The merger of AI and improved imaging quality also makes the implementation of diagnostic workflows more fluid. The vast preference for non-invasive techniques is a prime factor for the growth of the Ultrasound Devices Market.

Growing prevalence of chronic diseases drives increased need for advanced imaging technologies.

The escalating burden posed by chronic afflictions like cardiovascular diseases, cancer, and diabetes is a very significant consideration driving the demand for advanced imaging technologies, ultrasound devices being a few. These conditions must often undergo continuous monitoring, early diagnosis, and meticulous treatment planning, which require imaging systems of high spatial resolutions in real time. In this aspect, ultrasound is safe and allows for fast, inexpensive imaging without exposing the patient to radiation. With chronic diseases being a key burden on international healthcare systems, ultrasound is now being increasingly considered as the next modality that would improve diagnosis and patient care.

Its cross-specialty versatility provides even greater scope in the management of chronic conditions. Doppler imaging and elastography are newer technological advancements that allow excellent visualization of organ function and blood flow. Next is the portable unit to be taken to the patient's bedside, particularly useful in chronic care management. Lastly, there is rising awareness about health screening and preventive diagnostics, which will completely sustain its growth. All in all, the related need for advanced, reliable imaging tools exists for chronic disease management.

High equipment costs limit adoption in underfunded hospitals and low-income healthcare regions.

With mounting equipment costs giving ultrasound devices a hard time to meet common acceptance, there are hospitals consigned to hardly any funding and low-income healthcare regions. Advanced ultrasound systems are burdened with high purchase costs, often restricting them from facilities like small clinics and rural setups. Such institutions usually operate on a shoestring budget and buy only essential equipment, leaving very little for high-end imaging applications.

On funding availability, the installation, maintenance, and regular servicing correspondingly emphasize pressure on the resources. The need for trained technical personnel to handle complex machines adds to the burden of costs. This means that even in these areas, health caregivers will try to stick to the old, less effective types of machines or completely forget ultrasound diagnostics. Such a disparity restricts access to timely and correct diagnoses, especially for the populations residing in far-off areas. When we talk of the high cost of equipment, this lays a stumbling block on equitable healthcare delivery. Affordability is, therefore, the primary target for increased access and bridging skill gaps in diagnostic capability in the world.

Rising demand for portable devices in remote areas and point-of-care medical settings.

The growing popularity of portable ultrasound machines creates a reinvented future for diagnostic imaging, particularly in remote and disadvantaged areas. These machines are small enough to offer critical imaging functions without the main pillars of bulky infrastructures and hospital settings. It also means that in point-of-care medical environments such as ERs, ambulances, or rural clinics, immediate diagnosis and treatment decisions can be made using portable technology. Real-time bedside imaging can present better patient outcomes for the clinician. Maternal care, trauma, and cardiac evaluation are the three main uses of portable ultrasound.

With technology advancing, these devices are now capable of giving high-resolution imaging and wireless connectivity. The incorporation of these into safe and fast assessments by the COVID-19 pandemic sped up. Cost-effective pricing and lightweight portability are among the factors that generate an attraction to developing health systems. Medical missions and NGOs use them for outreach programs in isolated areas. Thereby, the transition toward portable applications is in alignment with larger goals for possible, convenient, and decentralized care.

Growing geriatric population increasing demand for regular and non-invasive diagnostic imaging services.

The rising older population is enhancing demand for not only routine but also non-invasive diagnostic imaging services, ultrasound being one of the most commonly preferred options. As elderly patients usually go through chronic ailments, including conditions related to the heart, bones, and abdomen, regular, safe monitoring becomes really important. Ultrasound is ideally suited for this requirement due to its non-ionizing property and hence can be used for repeated testing without safety concerns compared to other modalities of imaging. Evaluation of blood flow, renal and musculoskeletal conditions, as well as organ function, has a significant proportion that elderly patients would require maintenance through periodic assessments within these parameters, and this can be best accomplished using ultrasound. Furthermore, ultrasonography is quite comfortable for seniors since there is no pain in imaging, and it provides real-time information.

Life expectancy keeps increasing worldwide, and it is broadening the demographic landscape, especially in Europe, Japan, and North America. Healthcare services are increasingly investing in ultrasound solutions that are user-friendly for the elderly. Portable and bedside ultrasound is also becoming the norm in geriatric wards and nursing homes. It is well indicated by this use relative to the role ultrasound will play in the healthcare needs of an aging world.

Industry Experts Opinion

“At GE HealthCare, we’re reimagining ultrasound by combining compact form factors with AI-driven diagnostics. Our goal is to make high-quality imaging accessible to every corner of the world because early detection saves lives.”

  • Roland Rott, President & CEO, Ultrasound, GE HealthCare.

Segment Analysis

Based on the product type, the Ultrasound Devices Market is classified into cart-based ultrasound devices, compact ultrasound devices, portable ultrasound devices, tabletop ultrasound devices, Bluetooth-enabled ultrasound devices, and point-of-care devices. The ultrasound device types reveal varied growth patterns under product delineation, such as carted-based ultrasound devices, compact and handheld ultrasound devices, and so on. The first category has extensive imaging capabilities as well as being able to connect with advanced features; hence, it is well-suited for hospitals mostly equipped with large machines or units. Entry is also being gained by portable hand-held ultrasound devices, particularly in point-of-care or emergency settings, due to their portability and ease of use. In portable ultrasound devices used widely in the rural health care and home care setup, access is made independent concerning some aspects of diagnostics.

 

Tabletop ultrasound devices provide mobility, though not as much, and can still have the performance necessary for smaller clinics. New, up-and-coming segments include Bluetooth-enabled ultrasound devices since they allow and support telemedicine and remote diagnostics. In addition to that, the other positive thing being pointed out by the mentioned products is that they tend to enhance patient care across critical care and ambulatory services, and this is geared toward more use of Point-of-Care Ultrasound (POCUS). These categories of products are indicative of the movement of the market toward mobility, efficiency, and accessibility. They can be used in specific clinical settings or cases. Directly proportional to the phenomenon of increasing miniaturization of devices is the trend of innovation and demand. Product diversification is driving higher uptake and broad market growth overall.

Based on the application, the Ultrasound Devices Market is classified into radiology, cardiology, obstetrics and gynecology, musculoskeletal, anesthesiology, emergency medicine, pediatrics, and breast imaging. It's in radiology that we find the largest application made among the others, driven by a more considerable need for routine diagnostic scans. Other essential applications fall under cardiology. This field uses Doppler ultrasound and 3D ultrasound to assess cardiac function and vascular health. Obstetrics and gynecology are other vital segments that generally utilize these technologies for maternal care and fetal monitoring with 2D, 3D, and 4D imaging. Musculoskeletal ultrasound is rapidly becoming a trend as it gives an active and real-time picture of soft tissues, tendons, and joints. Urologists will use this imaging modality to diagnose issues with kidney stones, urinary bladder conditions, and even disorders related to the prostate.

Vascular studies benefit from using Doppler ultrasound to evaluate blood flow and vessel abnormalities. Guided injections, nerve blocks, and many other things are performed with the help of an ultrasound by an anesthesiologist. It gives more precise and safer results. Point-of-care ultrasound (POCUS) is becoming more common in emergency medicine and critical care units for quick bedside evaluation. The field of pediatric imaging is optimistic and growing because it is safe and radiation-free. Generally speaking, application-based segmentation is increasingly reflective of the expanding versatility and clinical relevance of ultrasound devices across healthcare settings.

Regional Analysis

The North American Ultrasound Devices Market is leading due to advanced healthcare systems, extensive application of advanced medical technologies, and the strong presence of key market players such as GE HealthCare and Philips drive the market. The United States tops the regional market due to the demand for non-invasive diagnostic procedures and the increase in the number of chronic diseases, such as cardiovascular and orthopedic conditions. Besides, government initiatives aimed at promoting early diagnosis and favorable reimbursement policies augment the growth of this market. Moreover, there are very advanced breakthroughs like AI-enabled ultrasound and handheld devices, which have been quickly embraced by hospitals and diagnostic centers in the region. Demand from the growing utilization of point-of-care ultrasound (POCUS) in emergency settings is just the icing on the cake. In addition, a well-established R&D ecosystem and frequent product launches would prove advantageous for North America.

The Asia Pacific Ultrasound Devices Market is expanding. Increased healthcare expenditure, improved access to medical service delivery, and rising awareness regarding early detection of diseases in countries like China, India, and most Southeast Asian nations all contribute to the rising demand. Demand for diagnostic imaging has been stimulated by urbanization, the growing middle-class population in most countries in the region, and the increasing incidence of chronic diseases. Investments in upgrading healthcare infrastructure by governments and increased spending towards local manufacturing of medical devices have also propelled growth. The growth in portable and point-of-care ultrasound systems carries more significance in rural and undeveloped areas. Foreigners can also add to new technology adoption through partnerships with local firms. Economic and non-invasive diagnostics are increasingly being emphasized; thus, Asia-Pacific is likely to remain the engine for expansion in the Ultrasound Devices Market.

Competitive Landscape

The Ultrasound Devices Market has many competitive players some international and some local. They have each found their niche idea and expanded it to maintain their specific market share. The most prominent participants in the industry are GE HealthCare, Philips Healthcare, Siemens Healthineers, and Canon Medical Systems; the companies are characterized by an extensive product range coupled with strong R&D programs. Emerging players like Samsung Medison and Mindray Medical haven't made much noise so far, especially in developed countries, through affordable-and-portable offerings at emerging markets.

Some of the niche players include Fujifilm Sonosite for point-of-care definitions and Hologic Inc. in women's health imaging. Furthermore, competition never seems to cease instead, it keeps inspiring more innovations in technology, as AI integration, wireless, and miniaturized applications, among others, don't seem to cease. Merging strategic partnerships or buyouts is a phenomenon companies exercise in their new-product reach tendency and technological-capability enhancement. There are low-cost and niche solutions coming from newly founded start-ups and local players that challenge traditional industry definitions. As such, it should be shaped by that emerging post-pandemic fallout on remote diagnostics and home healthcare. The dynamics of the market are overall innovation-driven and increasingly proving to be competitive in the developed and developing parts of the world.

Ultrasound Devices Market, Company Shares Analysis, 2024

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Recent Developments:

  • In September 2023, Mindray, a global leader and developer of healthcare solutions and technologies in ultrasound, patient monitoring, and anesthesia, announced the launch of its TE Air Wireless Handheld Ultrasound, a new imaging solution that improves ultrasound accessibility.
  • In August 2023, GE HealthCare, a leading global medical technology company, announced the launch of Vscan Air SL, a handheld, wireless ultrasound imaging system designed for rapid cardiac and vascular assessments at the point of care to help clinicians accelerate diagnoses and treatment decisions.

Frequently Asked Questions (FAQs)

The Ultrasound Devices Market accounted for USD 10.21 Billion in 2024 and is expected to reach USD 18.23 Billion by 2035, growing at a CAGR of around 5.41% between 2025 and 2035.

Key growth opportunities in the Ultrasound Devices Market include rising demand for portable devices in remote areas and point-of-care medical settings, growing geriatric population increasing demand for regular and non-invasive diagnostic imaging servicesand emerging markets investment improving healthcare infrastructure and boosting ultrasound equipment adoption significantly.

In the Ultrasound Devices Market, diagnostic ultrasound remains the largest segment due to its widespread use across medical fields such as radiology, obstetrics, and cardiology. The therapeutic ultrasound segment is emerging as the fastest-growing, driven by innovations in non-invasive treatments and targeted therapy. Additionally, handheld and point-of-care ultrasound devices are gaining momentum, propelled by rising demand for portable, real-time diagnostic solutions in both clinical and remote settings.

The Asia Pacific region is poised to make a significant contribution to the global Ultrasound Devices Market, driven by factors such as rapid economic growth, increasing healthcare expenditures, and a rising prevalence of chronic diseases. Countries like China, India, and Japan are at the forefront, with advancements in healthcare infrastructure and growing adoption of advanced diagnostic technologies.

The global Ultrasound Devices Market is led by several key players known for their innovative technologies and extensive product portfolios. Prominent companies include GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Canon Medical Systems Corporation, and Mindray Medical International Ltd. These industry leaders are recognized for their strong research and development capabilities, enabling them to offer advanced ultrasound solutions across various medical applications.

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