[180 Pages Research Report] The global Ultrasound Device Market size was valued at USD YY billion in 2022, and the market is projected to reach USD YY billion by the end of 2023, with growth at a CAGR of YY% during the forecast report 2023-2030.
Growing Demand: The demand for ultrasound devices is increasing due to their non-invasive nature, portability, and real-time imaging capabilities.
Technological Advancements: Continuous advancements in ultrasound technology, such as 3D/4D imaging, high-resolution transducers, and handheld devices, are driving market growth.
Diverse Applications: Ultrasound devices find applications in various medical fields, including obstetrics and gynecology, cardiology, radiology, and urology.
Point-of-Care Ultrasound (POCUS): POCUS devices are gaining popularity for bedside diagnostics and emergency medicine.
Emerging Markets: Developing regions are witnessing rapid adoption of ultrasound devices due to improving healthcare infrastructure and affordability.
Growing Aging Population: The increasing geriatric population contributes to the rising demand for ultrasound devices for age-related medical conditions.
Market Competition: Key players are focusing on product innovation, partnerships, and mergers to gain a competitive edge.
Artificial Intelligence (AI) Integration: AI-based image analysis and automation are being integrated into ultrasound devices to improve diagnostic accuracy and workflow efficiency.
Reimbursement Challenges: Reimbursement policies and restrictions may impact market growth.
Telemedicine and Remote Monitoring: The integration of ultrasound devices with telemedicine platforms enables remote consultation and monitoring, expanding their utility in telehealth applications.
The ultrasound device market is characterized by dynamic and evolving dynamics. Firstly, there is a growing demand for ultrasound devices driven by their non-invasive nature, real-time imaging capabilities, and portability. Secondly, continuous technological advancements, such as 3D/4D imaging and high-resolution transducers, are driving market growth. Thirdly, ultrasound devices find diverse applications across multiple medical fields, including obstetrics, cardiology, and radiology. Additionally, the emergence of point-of-care ultrasound (POCUS) devices is gaining momentum for bedside diagnostics and emergency medicine. Market competition among key players is intensifying leading to product innovation and strategic partnerships. Furthermore, the integration of artificial intelligence (AI) is enhancing diagnostic accuracy and workflow efficiency. Reimbursement challenges and the integration of ultrasound devices with telemedicine platforms are also shaping market dynamics.
As per the report, the global Ultrasound Device Market is segmented into Type, Application, and Regions. The report covers detailed information on market size, Share, Growth, Value, Volume Analysis, Demand analysis, new market entry, competition insights, market drivers, challenges, opportunities, and Restraints. Further, company profile analysis, company revenue, Strategies, Sales, company acquisition, partnership, mergers, latest trends in the industry, regional and country-level insights, and competitive intelligence data is provided in the research report.
Further, the global market is geographically divided into major regions, and countries including North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Further, major countries focused in the global study report: United States, Canada, United Kingdom, Spain, Germany, Italy, France, Mexico, Russia, Ukraine, China, Japan, South Korea, India, Singapore, Malaysia, Australia, Qatar, Kingdom of Saudi Arabia, South Africa, Brazil, Argentina, and other countries are covered in the research study.
by Type
• Diagnostic ultrasound devices
• Therapeutic ultrasound devices
by Deployment
• Handheld
• Cart
by Application
• Cardiology
• Obstetrics/gynaecology
• Vascular
• Orthopaedics
• General imaging
by End-Use
• Hospitals
• Imaging centers
• Research centers
- North America
- Latin America
- Europe
- Middle East and Africa
- Asia Pacific
• North American market to remain in control over the global market during 2022-2030. In the North American region, the United States occupied the highest share of the market in this region, and the US country is projected to follow the same trend over the forecast time 2022-2030, followed by Canada.
• Europe holds the second largest share producer in the global Ultrasound Device Market during the forecast period 2022-2030. Asia Pacific region is expected to be registered as the fastest-growing market in the global market by 2030.
• Most developing countries in the Asia Pacific remain the focus of leading Ultrasound Device companies, with a large portion of these companies investing in new entry and business expansion strategies
• The market in the Middle East and Africa is projected to show prominent growth opportunities in the coming years from 2023-2030. Due to the rising focus from the government of the Middle East and African countries on emerging healthcare infrastructure manufacturing and distribution are mostly contributing to the global market in the MEA region.
• The Latin American Ultrasound Device Market registered a substantial share of the global market in 2022, and it is projected to remain its presence in the market.
• Koninklijke Philips NV
• GE Healthcare Limited
• Siemens Healthineers AG
• Canon Medical Systems Corporation
• Mindray Medical International Limited
• Samsung Medison Co., Ltd.
• Fujifilm Holdings Corporation
• Konica Minolta Inc.
• ESAOTE SPA
1. Executive Summary
1.1 Introduction to Ultrasound Device Markets
1.2 Ultrasound Device Market Size Outlook, 2021- 2030
1.3 Growth Opportunities in Ultrasound Device Industry
1.4 Winning Strategies for the post-pandemic future
2. Report Guide
2.1 Market Definition and Scope
2.2 Market Segmentation
2.3 Research Methodology
2.4 Forecast Methodology
2.5 List of Abbreviations
3. Growth Opportunity Analysis
3.1 Key Ultrasound Device Market Trends
3.2 Key Ultrasound Device Market Growth Drivers
3.3 Key Ultrasound Device Market Growth Restraints
4 Ultrasound Device Market Outlook – Scenario Analysis
4.1 Low Growth Case Scenario Forecasts
4.2 Reference Growth Case Scenario Forecasts
4.3 High Growth Case Scenario Forecasts
5. Ultrasound Device Market Segmentation- Outlook by Type
5.1 Diagnostic ultrasound devices Market Outlook to 2030
5.2 Therapeutic ultrasound devices Market Outlook to 2030
6. Ultrasound Device Market Segmentation- Outlook by Deployment
6.1 Handheld Market Outlook to 2030
6.2 Cart Market Outlook to 2030
7. Ultrasound Device Market Segmentation- Outlook by Application
7.1 Cardiology Market Outlook to 2030
7.2 Obstetrics/gynaecology Market Outlook to 2030
7.3 Vascular Market Outlook to 2030
7.4 Orthopaedics Market Outlook to 2030
7.5 General imaging Market Outlook to 2030
8. Ultrasound Device Market Segmentation- Outlook by End-Use
8.1 Hospitals Market Outlook to 2030
8.2 Imaging centres Market Outlook to 2030
8.3 Research centres Market Outlook to 2030
9. North America Ultrasound Device Market Outlook and Opportunities to 2030
9.1 Market Snapshot, 2023
9.2 North America Ultrasound Device Market Growth Opportunities
9.3 North America Ultrasound Device Market Outlook by Application
9.4 North America Ultrasound Device Market Outlook by Type
9.5 North America Ultrasound Device Market Outlook by Country
9.6 United States Ultrasound Device Market Outlook
9.7 Canada Ultrasound Device Market Outlook
9.8 Mexico Ultrasound Device Market Outlook
10. Europe Ultrasound Device Market Outlook and Opportunities to 2030
10.1 Market Snapshot, 2023
10.2 Europe Ultrasound Device Market Outlook by Application
10.3 Europe Ultrasound Device Market Outlook by Type
10.4 Europe Ultrasound Device Market Outlook by Country
10.5 Germany Ultrasound Device Market Outlook
10.6 France Ultrasound Device Market Outlook
10.7 United Kingdom Ultrasound Device Market Outlook
10.8 Spain Ultrasound Device Market Outlook
10.9 Italy Ultrasound Device Market Outlook
10.10 Other Europe Ultrasound Device Market Outlook
11. Asia Pacific Ultrasound Device Market Outlook and Opportunities to 2030
11.1 Market Snapshot, 2023
11.2 Asia Pacific Ultrasound Device Market Outlook by Application
11.3 Asia Pacific Ultrasound Device Market Outlook by Type
11.4 Asia Pacific Ultrasound Device Market Outlook by Country
11.5 China Ultrasound Device Market Outlook
11.6 Japan Ultrasound Device Market Outlook
11.7 India Ultrasound Device Market Outlook
11.8 Other Asia Pacific Ultrasound Device Market Outlook
12. Latin America Ultrasound Device Market Outlook and Opportunities to 2030
12.1 Market Snapshot, 2023
12.2 Latin America Ultrasound Device Market Outlook by Application
12.3 Latin America Ultrasound Device Market Outlook by Type
12.4 Latin America Ultrasound Device Market Outlook by Country
12.5 Brazil Ultrasound Device Market Outlook
12.6 Argentina Ultrasound Device Market Outlook
12.7 Other Latin America Ultrasound Device Market Outlook
13. Middle East and Africa Ultrasound Device Market Outlook and Opportunities to 2030
13.1 Market Snapshot, 2023
13.2 Middle East and AfricaUltrasound Device Market Outlook by Application
13.3 Middle East and AfricaUltrasound Device Market Outlook by Type
13.4 Middle East and AfricaUltrasound Device Market Outlook by Country
13.5 Saudi Arabia Ultrasound Device Market Outlook
13.6 UAE Ultrasound Device Market Outlook
13.7 South Africa Ultrasound Device Market Outlook
13.8 Other Middle East and Africa Ultrasound Device Market Outlook
14 Profiles of major Ultrasound Device Companies
Koninklijke Philips NV
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
GE Healthcare Limited
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Siemens Healthineers AG
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Canon Medical Systems Corporation
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Mindray Medical International Limited
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Samsung Medison Co., Ltd.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Fujifilm Holdings Corporation
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Konica Minolta Inc.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
ESAOTE SPA
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
15. Appendix
15.1 Publisher’s Expertise
15.2 List of Tables and Charts
15.3 List of Exhibits
15.4 Legal Disclaimer
by Type
• Diagnostic ultrasound devices
• Therapeutic ultrasound devices
by Deployment
• Handheld
• Cart
by Application
• Cardiology
• Obstetrics/gynaecology
• Vascular
• Orthopaedics
• General imaging
by End-Use
• Hospitals
• Imaging centers
• Research centers