Ultrasound Devices Market Summary
As per MRFR analysis, the Ultrasound Devices Market was valued at 7.57 USD Billion in 2023 and is projected to grow to 15.2 USD Billion by 2035, with a CAGR of 5.98% from 2025 to 2035. The market is driven by technological advancements, increasing prevalence of chronic diseases, and rising demand for portable healthcare solutions.
Key Market Trends & Highlights
The Global Ultrasound Devices Market is experiencing transformative growth due to several key trends.
- Portable ultrasound devices are enhancing accessibility, especially in rural areas.
- AI integration is improving diagnostic accuracy, facilitating quicker patient evaluations.
- The aging population is driving demand for non-invasive imaging solutions.
- Public awareness campaigns are increasing acceptance of ultrasound as a preferred diagnostic tool.
Market Size & Forecast
2023 Market Size: USD 7.57 Billion
2024 Market Size: USD 8.02 Billion
2035 Market Size: USD 15.2 Billion
CAGR (2025-2035): 5.98%
Largest Regional Market Share in 2024: North America.
Major Players
Key players include Esaote, Butterfly Network, Hologic, Samsung Medison, Royal Philips, Canon Medical Systems, GE Healthcare, and Siemens Healthineers.
Key Ultrasound Devices Market Trends Highlighted
Due to a number of important market factors, the worldwide ultrasound devices market is expanding significantly. The growing need for non-invasive diagnostic techniques as medical professionals search for safer and more patient-friendly alternatives is one important contributing reason.
The market need is also being increased by developments in ultrasonic technology, such as the creation of handheld and portable devices. These developments support global health endeavors by enabling increased accessibility in isolated and neglected locations.
Furthermore, the incorporation of artificial intelligence into ultrasound equipment is improving diagnostic precision and picture quality, leading to a wider range of applications beyond conventional ones. The increasing emphasis on early illness identification and preventative healthcare presents opportunities to be investigated in this sector.
Ultrasound may play a critical part in routine health checkups, which are becoming more and more important as people get more health conscious. Furthermore, there are opportunities for market development due to the growing uses of ultrasound in a variety of disciplines, including obstetrics, cardiology, and musculoskeletal therapies.
Ultrasound equipment is being more integrated into remote patient monitoring and consultations as part of a growing push for telemedicine, according to recent trends. Given the existence of healthcare inequities worldwide, this development is especially pertinent.
Global health goals can be supported by telehealth programs that increase access to ultrasound services in low-resource areas. Furthermore, a favorable environment for the adoption of cutting-edge ultrasound technology is provided by the increase in healthcare costs in different locations.
Due to these changing market dynamics, the Ultrasound Devices Market is expected to continue growing as healthcare systems modernize.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Ultrasound Devices Market Drivers
Rising Demand for Non-Invasive Diagnostic Procedures
The Ultrasound Devices Market is experiencing significant growth due to the increasing preference among healthcare professionals and patients for non-invasive diagnostic procedures. With a growing focus on patient-friendly techniques, it has been reported that non-invasive procedures, including ultrasound imaging, have seen a rise in use by approximately 25% over the past five years.
This shift has been particularly influenced by organizations such as the World Health Organization, which recommends non-invasive imaging techniques as essential for efficient diagnosis.
Furthermore, advancements in ultrasound technologies, like portable and point-of-care devices, have expanded accessibility, allowing for earlier detection of conditions such as cardiovascular diseases, therapy monitoring, and pregnancy assessments.
The advancements and adoption of innovative ultrasound solutions cater not just to urban populations, but also to remote areas globally, thus driving the Ultrasound Devices Market in a remarkable manner.
Technological Advancements Enhancing Image Quality
Rapid advancements in ultrasound technology, such as 3D/4D imaging and high-frequency ultrasound systems, are prominently driving the Ultrasound Devices Market.
In recent years, the integration of artificial intelligence into ultrasound devices has improved diagnostic accuracy and patient outcomes tremendously, with studies suggesting accuracy improvements of over 30% when utilizing AI-enhanced imaging.
Organizations like the Food and Drug Administration are facilitating approvals for new ultrasound innovations, consequently broadening their application in fields like oncology and cardiology. This technological evolution results in an enhanced ability to detect anomalies earlier, thus attracting both clinicians and patients to ultrasound technologies.
Increasing Prevalence of Chronic Diseases
The global rise in chronic diseases is significantly contributing to the growth of the Ultrasound Devices Market. According to the World Health Organization, chronic diseases such as heart disease, diabetes, and cancers are responsible for approximately 70% of all deaths globally.
With the need for regular monitoring and diagnostic assessments to manage these conditions, ultrasound devices have become pivotal in providing essential imaging solutions.
The demand for effective disease management and early diagnosis has led to increased investments in healthcare infrastructure, bolstered by governmental health policies aimed at addressing this healthcare burden. Countries worldwide are focusing on enhancing their diagnostic capabilities, which in turn propels the adoption of ultrasound technologies.
Growing Aging Population Requiring Diagnostic Imaging
The expanding global aging population is fueling the demand for ultrasound devices in the Ultrasound Devices Market. The United Nations has reported that the global population aged 60 years and older is projected to reach 2.1 billion by 2050, doubling from 2019 figures.
The elderly are at a higher risk for conditions that require diagnostic imaging, including cardiovascular issues and musculoskeletal disorders, thus increasing the reliance on ultrasound technologies for timely and accurate diagnoses.
Health systems across the globe are adapting their services to cater to this demographic, incorporating advanced ultrasound equipment into routine healthcare practices, which further drives market growth.
Ultrasound Devices Market Segment Insights
Ultrasound Devices Market Application Insights
The Ultrasound Devices Market encompassed a variety of applications, with considerable focus on diagnostic imaging, therapeutic applications, guided interventions, and monitoring, which collectively reflect the dynamic nature of medical technology advancements.
In 2024, the diagnostic imaging application segment accounted for a significant 3.2 USD Billion. This segment dominated the market due to its extensive use in prenatal scans, organ assessments, and vascular imaging, making it a cornerstone of modern diagnostic procedures.
Following closely, Therapeutic Applications were valued at 2.5 USD Billion in 2024, facilitating a range of non-invasive therapeutic procedures, which further underscored the importance of ultrasound technology in patient care.
Guided Interventions, with a valuation of 1.9 USD Billion in the same year, were increasingly leveraging ultrasound for real-time imaging to improve the precision of needle placements in procedures such as biopsies, thus enhancing treatment outcomes.
Finally, the Monitoring application, although smaller at 0.42 USD Billion in 2024, gained traction as it provided vital information on conditions like cardiac health and fetal well-being, emphasizing the expanding role of ultrasound in continuous patient monitoring.
The overall trend indicated a robust growth trajectory for the Ultrasound Devices Market, driven by technological innovation and an increasing demand for non-invasive diagnostic and therapeutic solutions which offer enhanced patient safety and faster recovery times.
Each application was vital in its own right, with Diagnostic Imaging leading the charge, reflecting its widespread acceptance and importance in healthcare, while the rest contributed significantly to diversified applications of ultrasound technology, hence fortifying the market's comprehensive landscape.
Advancements in ultrasound device technology and a growing understanding of ultrasound's benefits will continue to drive these application segments, making them essential components of the evolving medical landscape.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Ultrasound Devices Market Device Type Insights
The Ultrasound Devices Market, particularly in the Device Type segment, showcases considerable diversity driven by advancements in technology and ongoing innovations within the healthcare industry. Portable Ultrasound Devices are gaining traction due to their convenience and utility in point-of-care settings, allowing for immediate diagnostics.
In contrast, Cart-based Ultrasound Devices provide comprehensive imaging capabilities, making them essential in hospital environments for complex evaluations and procedures. Meanwhile, Stationary Ultrasound Devices are often utilized in specialized facilities where high-resolution imaging is crucial.
This segmentation not only reflects technological advancements but also addresses varying healthcare demands globally, enhancing the accessibility and quality of medical services. The increase in chronic disease prevalence and a growing focus on preventive healthcare are significant drivers of market growth, amidst challenges such as regulatory compliance and cost pressures.
Overall, the Ultrasound Devices Market segmentation provides critical insights into evolving healthcare paradigms, poised to reshape diagnostic imaging and patient management.
Ultrasound Devices Market Technology Insights
The market segmentation based on technology plays a crucial role in shaping its landscape, including 2D Ultrasound, 3D Ultrasound, 4D Ultrasound, and Doppler Ultrasound. Among these, 2D Ultrasound has historically been foundational in imaging techniques, used widely in obstetrics and gynecology.
Meanwhile, 3D Ultrasound offers enhanced visualization, aiding in detailed anatomical assessments, which is essential for complex cases. The evolving 4D Ultrasound technology takes this a step further by allowing real-time imaging; this technological advancement is particularly significant for observing fetal development in motion.
Doppler Ultrasound is critical for evaluating blood flow and cardiac functions, highlighting its importance in clinical diagnostics. The demand for these technologies is driven by the growing emphasis on early disease detection, non-invasive procedures, and advancements in imaging quality, alongside the rising prevalence of chronic diseases.
Furthermore, the adaptation of artificial intelligence in these devices is expected to revolutionize the field, presenting new opportunities for growth and development.
Ultrasound Devices Market End-user Insights
The Ultrasound Devices Market is multifaceted, with the End-user segment playing a crucial role in its overall dynamics. Hospitals are recognized as a dominant player, serving as primary hubs for diagnostics and treatment, thereby driving significant utilization of ultrasound devices.
Ambulatory Surgical Centers have become increasingly important, offering patients more accessible surgical options and enhancing outpatient care experience. Additionally, Diagnostic Imaging Centers are crucial for early and accurate disease detection, reflecting a shift towards preventive healthcare practices globally.
Home Care Settings are rising in prominence, providing patients with convenient, at-home diagnostics and monitoring, catering especially to an aging population.
The growing adoption of ultrasound technology across these segments contributes to the overall market growth, supported by favorable trends such as increasing investments in healthcare infrastructure, technological advancements, and the rising prevalence of chronic diseases, opening up various opportunities while also facing challenges like regulatory compliance and market competition.
Each segment's unique contributions highlight their importance in shaping the future landscape of the Ultrasound Devices Market in the healthcare industry.
Ultrasound Devices Market Regional Insights
The Ultrasound Devices Market showed promising values across regions. North America stood out with a significant market size of 3.01 USD Billion in 2024 and is projected to reach 5.55 USD Billion by 2035, highlighting its dominance due to advanced healthcare infrastructure and high adoption rates of medical technologies.
Europe followed closely with a projected value of 2.2 USD Billion in 2024, growing to 4.21 USD Billion, driven by rising investments in healthcare and technological advancements. Asia Pacific was also noteworthy, with a valuation of 1.82 USD Billion anticipated for 2024, suggesting a growing demand in emerging markets coupled with increased focus on improving healthcare systems.
Meanwhile, South America and the Middle East and Africa reflected smaller market sizes of 0.73 USD Billion and 0.26 USD Billion in 2024 respectively, indicating significant growth potential as healthcare access continues to expand in these regions.
The overall market growth was fueled by increasing awareness of ultrasound diagnostics, technological innovations, and the rising burden of chronic diseases, which presented numerous opportunities within the Ultrasound Devices Market.
Despite challenges such as regulatory hurdles and market accessibility, the Regional landscape remained dynamic, able to adapt to evolving healthcare needs worldwide.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Ultrasound Devices Market Key Players and Competitive Insights
The Ultrasound Devices Market has witnessed significant competitive dynamics as advances in technology and increasing demand for non-invasive imaging modalities drive growth. The market is characterized by a variety of players ranging from large multinational corporations to smaller niche players, each striving to differentiate their offerings.
Innovation in ultrasound technologies, including portable and point-of-care devices, has shifted the landscape of patient care and diagnostics. Competitive insights reveal that manufacturers are focusing on enhancing imaging quality, improving user interface experiences, and expanding their product portfolios.
As the demand for diagnostic imaging increases due to a growing aging population and the prevalence of chronic diseases, players within the market continue to invest heavily in research and development to maintain a competitive edge, leading to an increasingly crowded but innovative market space.
Samsung Medison stands out within the Ultrasound Devices Market due to its commitment to advancing ultrasound technology and improving patient outcomes. The company has established a strong presence with its innovative ultrasound systems that emphasize high-quality imaging and user-friendly interfaces.
Samsung Medison's strengths lie in its integration of advanced technologies such as artificial intelligence, which enhances diagnostic accuracy and operational efficiency. Additionally, the company leverages its broad global network to expand its market reach, ensuring that its products are accessible to a diverse range of healthcare providers.
With a focus on developing portable ultrasound solutions, Samsung Medison capitalizes on the growing trend for point-of-care diagnostics, setting itself apart as a key player in the worldwide market.
Analogic Corporation has carved a notable niche in the Ultrasound Devices Market through its specialized focus on ultrasound imaging solutions. The company is recognized for its innovative products, including high-performance ultrasound systems used in various medical applications.
Analogic Corporation's strengths are derived from its commitment to research and development, leading to cutting-edge technologies that offer superior imaging capabilities. The company has strategically positioned itself in the global market by forming partnerships and engaging in mergers and acquisitions to enhance its product offerings and technological prowess.
By expanding its capabilities and presence in different regions, Analogic Corporation continues to solidify its role as a formidable competitor in the ultrasound market, catering to both clinical and industrial applications with a diverse range of services and solutions that meet the evolving needs of healthcare providers worldwide.
Key Companies in the Ultrasound Devices Market Include
- Samsung Medison
- Analogic Corporation
- Esaote
- General Electric
- Mindray
- Hitachi Healthcare
- Canon Medical Systems
- Siemens Healthineers
- Fujifilm Holdings
- Philips
- Konica Minolta
- Royal Philips
- UltraSight
- Sonosite
Ultrasound Devices Market Developments
The Flash 5100 POC ultrasonography, a small point-of-care device for critical-care settings, was introduced by Philips on June 17, 2025. It combines high-resolution imaging, intelligent automation, and user-friendly touchscreen controls to provide quick diagnosis in intensive care units and emergency rooms.
The AI-enabled Elevate Platform update for Philips' EPIQ Elite system was unveiled on April 25, 2025, at UltraFest 2025 in Mumbai. Features include Quick Launch settings, CEUS AutoScan, and Auto ElastiQ for quick and accurate liver evaluations improve automation and diagnostic process.
To support AI-driven real-time picture identification in OBGYN and women's health ultrasound workflows, GE HealthCare announced on July 18, 2024, that it would acquire Intelligent Ultrasound Group's clinical AI software division, which includes ScanNav Assist capabilities used in Voluson devices.
The partnership was then extended on March 18, 2025, when GE HealthCare and NVIDIA announced joint efforts at GTC 2025 to create autonomous ultrasound and X-ray platforms using NVIDIA Isaac and Cosmos for AI model training with the goal of easing the workload of clinicians by automating image capture and analysis.
The dedication of major companies to improve diagnostic efficiency and accessibility across critical and point-of-care settings is highlighted by these advancements from Philips and GE HealthCare, which mirror a common industry trend toward AI-enhanced imaging, portable systems, and autonomous technology.
Ultrasound Devices Market Segmentation Insights
Ultrasound Devices Market Application Outlook
Ultrasound Devices Market Device Type Outlook
- Portable Ultrasound Devices
- Cart-based Ultrasound Devices
- Stationary Ultrasound Devices
Ultrasound Devices Market Technology Outlook
- 2D Ultrasound
- 3D Ultrasound
- 4D Ultrasound
- Doppler Ultrasound
Ultrasound Devices Market End-user Outlook
- Hospitals
- Ambulatory Surgical Centers
- Diagnostic Imaging Centers
- Home Care Settings
Ultrasound Devices Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
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Report Attribute/Metric
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Details
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Market Size 2023
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7.57(USD Billion)
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Market Size 2024
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8.02(USD Billion)
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Market Size 2035
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15.2(USD Billion)
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Compound Annual Growth Rate (CAGR)
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5.99% (2025 - 2035)
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Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Base Year
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2024
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Market Forecast Period
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2025 - 2035
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Historical Data
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2019 - 2024
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Market Forecast Units
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USD Billion
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Key Companies Profiled
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Samsung Medison, Analogic Corporation, Esaote, General Electric, Mindray, Hitachi Healthcare, Canon Medical Systems, Siemens Healthineers, Fujifilm Holdings, Philips, Konica Minolta, Royal Philips, UltraSight, Sonosite
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Segments Covered
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Application, Device Type, Technology, End-user, Regional
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Key Market Opportunities
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Technological advancements in imaging, Growing demand for portable devices, Rising prevalence of chronic diseases, Increasing applications in point-of-care settings, Expanding market in emerging economies
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Key Market Dynamics
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Technological advancements, Increasing demand in diagnostics, Rising geriatric population, Shift towards portable devices, Growing applications in various fields
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Countries Covered
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North America, Europe, APAC, South America, MEA
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Ultrasound Devices Market Highlights:
Frequently Asked Questions (FAQ) :
The Ultrasound Devices Market was valued at 8.02 USD billion in 2024.
By 2035, the Ultrasound Devices Market is projected to grow to 15.2 USD billion.
The expected CAGR for the Ultrasound Devices Market from 2025 to 2035 is 5.99%.
North America held the largest market share with a value of 3.01 USD billion in 2024.
The European market for ultrasound devices is expected to reach 4.21 USD billion by 2035.
The Diagnostic Imaging application segment is expected to be valued at 6.25 USD billion by 2035.
The Guided Interventions application segment was valued at 1.9 USD billion in 2024.
Major players include Samsung Medison, General Electric, Philips, and Siemens Healthineers.
The South American market for ultrasound devices is projected to be 1.2 USD billion in 2035.
The Monitoring application segment is expected to grow to 0.7 USD billion by 2035.
