Ultrasound Devices Market Synopsis:

Ultrasound Devices Market Size Was Valued at USD 9.79 Billion in 2023, and is Projected to Reach USD 14.22 Billion by 2032, Growing at a CAGR of 4.24% From 2024-2032.

The Ultrasound Devices Market therefore deals with a variety of medical imaging equipment which uses high frequency sound waves to create images of organs or tissue in the body. These devices are useful equipment in specialties that require the visualization in the operations such as obstetrics, cardiology and emergency medicine. Devices based on the usage and mobility, ultrasound systems are vastly used for non-incision examinations and are now a major component of medical systems.

The eligibility for Ultrasound Devices Market is expected to grow mainly owing to the rising popularity of minimally invasive diagnostic technologies. As the number of chronic diseases continues to rise, including cardiovascular diseases and cancer, doctors have utilized ultrasound as a tool used in early diagnosis and follow-up. The benefits of ultrasound also serve as factors for its use in various medical fields which are; Since ultrasound is a painless technique it is safe, relatively inexpensive, and does not emit any ionizing radiation.

Technological factors are also playing a major role in the growth of the market. From 3D/4D imaging to portable ultrasound and improved Doppler technology, ultrasound has become more versatile in its use and faster in delivery. It also makes the image quality as well as diagnosis accuracy to be improved while at the same time making it easier to take ultrasound to the needy areas, such as the remote or the underprivileged areas to give them the needed health care services.

Ultrasound Devices Market

Ultrasound Devices Market Trend Analysis:

The Increasing Adoption of Portable and Handheld Ultrasound Devices

  • The Ultrasound Devices Market has been experiencing the rising demand for portable and handheld ultrasound devises. Such compact systems can be easily transported, and the use can be made in different settings – emergency rooms, clinics, homes, etc. The devices are portable and multi-functional to serve the needs of the healthcare provider, who needs rapid and easy to use diagnostic solutions in order facilitate interaction with the patient.
  • Another budding trend is the include of artificial intelligence and machine learning in the ultrasound systems. These technologies advance image reviewing and analyzing; enable healthcare professionals in making faster and correct diagnoses. Burgeoning artificial intelligence ultrasound solutions are set to transform the business by enhancing work processes, decreasing times to reportage of images, and enhancing patient experiences.

Healthcare Infrastructure Improves in Developing Regions

  • Market opportunities for growth in the Ultrasound Devices Market are plenty more especially in the developing regions. The number of diagnostic technologies increases as healthcare infrastructure develops in developing countries, including ultrasound machines. This is an opportunity for manufactures to target these markets with products that directly solve their needs at fairly lowest cost possible while at the same time improving the quality of health care.
  • In addition, effective preventive measures, and early diagnosis of diseases boost Ultrasound technologies market growth. Both the growing ageing population and the increasing emphasis placed on preventive care should also drive the need for accurate and non-invasive diagnostic equipment such as ultrasound devices. By developing new technologies and providing new services with the help of modern ultrasound technologies companies can successfully enter this novelties market.

Ultrasound Devices Market Segment Analysis:

Ultrasound Devices Market is Segmented on the basis of Type, Technology, Application, End User, and Region.

By Type, Diagnostic Ultrasound Devices segment is expected to dominate the market during the forecast period

  • The global ultrasound devices market has been classified largely into diagnostic ultrasound devices and therapeutic ultrasound devices which are used for varying medical purpose. Diagnostic ultrasound devices are mainly used in imaging in order to obtain a picture of internal organs and structures and therefore help in diagnostic and treatment of diseases. Both are fairly employed in obstetrics, cardiology, and abdominal imaging and assist in arrival of actual information concerning patients. Therapeutic ultrasound devices are applicable for some special therapeutic procedure such as High Intensity Focused Ultrasound (HIFU) for coagulation treatment of tissue or physical therapy. All sorts of devices are important in today’s world because they offer minimally invasive diagnosis and treatment.

By Application, Obstetrics & Gynecology segment expected to held the largest share

  • The market segmentation of the ultrasound devices is done on the basis of numerous applications of the ultrasound technology in several areas of diagnosis and treatment. In obstetrics and gynecology, ultrasonic imaging gives crucial data about fetal growth and the overall health of the reproductive system, useful to mothers and practitioners. In cardiology, ultrasound gadgets are used to observe the structures of the heart and blood flow then use the observations to diagnose vario us cardiovascular diseases. Urology applies imaging of the urinary system and prostate while Orthopedics applies ultrasound for musculoskeletal examination as well as targeting joint or soft tissue injection or treatment.
  • The gastroenterology set of applications is to study the abdominal organs in their work, including the diagnosis of diseases of the liver and the gallbladder. Besides, vascular applications apply ultrasound for the examination of blood vessels, for diagnosing such diseases as deep vein thrombosis or arterial occlusion. Only some of the applications may be: In cases of emergencies such as traumas, hypertensive urgencies, acute abdomen pain, and others.In general diagnostics of the patients regardless of their disease entity.

Ultrasound Devices Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

  • North America remains the most significant contributor to the Ultrasound Devices Market Accessed mainly for the sound healthcare facilities and high propensity to afford innovative medical equipment. High inflation, established healthcare markets and dedicated research and development expenditure increases the demand for ultrasound devices in the region. More so, the increased incidence of chronic diseases and the need for more extensively, non-invasive tests add to growth of the market in North America.
  • Further, many of the companies in the global ultrasound devices market and their innovation bases are located in North America, which provides a sound competitive structure encouraging further equipment evolution and development. The improvements in the healthcare facilities, technology and research organizations in this region helps in making the Ultrasound services better and available to all keeping North America ahead in the global Ultrasound Devices Market.

Active Key Players in the Ultrasound Devices Market

  • Analogic Corporation (United States)
  • Canon Medical Systems Corporation (Japan)
  • Esaote S.p.A. (Italy)
  • Fujifilm Holdings Corporation (Japan)
  • GE Healthcare (United States)
  • Hitachi Medical Corporation (Japan)
  • Mindray Medical International Limited (China)
  • Philips Healthcare (Netherlands)
  • Samsung Medison Co., Ltd. (South Korea)
  • Siemens Healthineers (Germany)
  • Other Active Players.

Ultrasound Devices Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 9.79 Billion

Forecast Period 2024-32 CAGR:

 4.24%

Market Size in 2032:

USD 14.22 Billion

Segments Covered:

By Product Type

  • Diagnostic Ultrasound Devices
  • Therapeutic Ultrasound Devices

Technology

  • 2D Ultrasound
  • 3D/4D Ultrasound
  • Doppler Ultrasound
  • High-Intensity Focused Ultrasound (HIFU)

By Application

  • Obstetrics & Gynecology
  • Cardiology
  • Urology
  • Orthopedics
  • Gastroenterology
  • Vascular
  • Others

End User

  • Hospitals
  • Diagnostic Centers
  • Clinics
  • Home Care Settings

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Technological Advancements in Ultrasound Technology

Key Market Restraints:

  • High Costs of Advanced Ultrasound Equipment

Key Opportunities:

  • Increasing Focus on Preventive Healthcare and Early Detection.

Companies Covered in the report:

  • GE Healthcare (United States), Philips Healthcare (Netherlands), Siemens Healthineers (Germany), Canon Medical Systems Corporation (Japan), Hitachi Medical Corporation (Japan), Fujifilm Holdings Corporation (Japan), Mindray Medical International Limited (China), Samsung Medison Co., Ltd. (South Korea), Esaote S.p.A. (Italy), Analogic Corporation (United States) and Other Active Players.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Ultrasound Devices Market by Product Type
 4.1 Ultrasound Devices Market Snapshot and Growth Engine
 4.2 Ultrasound Devices Market Overview
 4.3 Diagnostic Ultrasound Devices
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Diagnostic Ultrasound Devices: Geographic Segmentation Analysis
 4.4 Therapeutic Ultrasound Devices
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Therapeutic Ultrasound Devices: Geographic Segmentation Analysis

Chapter 5: Ultrasound Devices Market by Technology
 5.1 Ultrasound Devices Market Snapshot and Growth Engine
 5.2 Ultrasound Devices Market Overview
 5.3 2D Ultrasound
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 2D Ultrasound: Geographic Segmentation Analysis
 5.4 3D/4D Ultrasound
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 3D/4D Ultrasound: Geographic Segmentation Analysis
 5.5 Doppler Ultrasound
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Doppler Ultrasound: Geographic Segmentation Analysis
 5.6 High-Intensity Focused Ultrasound (HIFU))
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 High-Intensity Focused Ultrasound (HIFU)): Geographic Segmentation Analysis
 5.7
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 : Geographic Segmentation Analysis

Chapter 6: Ultrasound Devices Market by Application
 6.1 Ultrasound Devices Market Snapshot and Growth Engine
 6.2 Ultrasound Devices Market Overview
 6.3 Obstetrics & Gynecology
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Obstetrics & Gynecology: Geographic Segmentation Analysis
 6.4 Cardiology
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Cardiology: Geographic Segmentation Analysis
 6.5 Urology
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Urology: Geographic Segmentation Analysis
 6.6 Orthopedics
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Orthopedics: Geographic Segmentation Analysis
 6.7 Gastroenterology
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Gastroenterology: Geographic Segmentation Analysis
 6.8 Vascular
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Vascular: Geographic Segmentation Analysis
 6.9 Others)
  6.9.1 Introduction and Market Overview
  6.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.9.3 Key Market Trends, Growth Factors and Opportunities
  6.9.4 Others): Geographic Segmentation Analysis
 6.10
  6.10.1 Introduction and Market Overview
  6.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.10.3 Key Market Trends, Growth Factors and Opportunities
  6.10.4 : Geographic Segmentation Analysis

Chapter 7: Ultrasound Devices Market by End User
 7.1 Ultrasound Devices Market Snapshot and Growth Engine
 7.2 Ultrasound Devices Market Overview
 7.3 Hospitals
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Hospitals: Geographic Segmentation Analysis
 7.4 Diagnostic Centers
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Diagnostic Centers: Geographic Segmentation Analysis
 7.5 Clinics
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Clinics: Geographic Segmentation Analysis
 7.6 Home Care Settings) 
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Home Care Settings) : Geographic Segmentation Analysis

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Benchmarking
  8.1.2 Ultrasound Devices Market Share by Manufacturer (2023)
  8.1.3 Industry BCG Matrix
  8.1.4 Heat Map Analysis
  8.1.5 Mergers and Acquisitions  
 8.2 GE HEALTHCARE (UNITED STATES)
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Role of the Company in the Market
  8.2.5 Sustainability and Social Responsibility
  8.2.6 Operating Business Segments
  8.2.7 Product Portfolio
  8.2.8 Business Performance
  8.2.9 Key Strategic Moves and Recent Developments
  8.2.10 SWOT Analysis
 8.3 PHILIPS HEALTHCARE (NETHERLANDS)
 8.4 SIEMENS HEALTHINEERS (GERMANY)
 8.5 CANON MEDICAL SYSTEMS CORPORATION (JAPAN)
 8.6 HITACHI MEDICAL CORPORATION (JAPAN)
 8.7 FUJIFILM HOLDINGS CORPORATION (JAPAN)
 8.8 MINDRAY MEDICAL INTERNATIONAL LIMITED (CHINA)
 8.9 SAMSUNG MEDISON CO. LTD. (SOUTH KOREA)
 8.10 ESAOTE S.P.A. (ITALY)
 8.11 ANALOGIC CORPORATION (UNITED STATES)
 8.12 OTHER ACTIVE PLAYERS

Chapter 9: Global Ultrasound Devices Market By Region
 9.1 Overview
9.2. North America Ultrasound Devices Market
  9.2.1 Key Market Trends, Growth Factors and Opportunities
  9.2.2 Top Key Companies
  9.2.3 Historic and Forecasted Market Size by Segments
  9.2.4 Historic and Forecasted Market Size By Product Type
  9.2.4.1 Diagnostic Ultrasound Devices
  9.2.4.2 Therapeutic Ultrasound Devices
  9.2.5 Historic and Forecasted Market Size By Technology
  9.2.5.1 2D Ultrasound
  9.2.5.2 3D/4D Ultrasound
  9.2.5.3 Doppler Ultrasound
  9.2.5.4 High-Intensity Focused Ultrasound (HIFU))
  9.2.5.5
  9.2.6 Historic and Forecasted Market Size By Application
  9.2.6.1 Obstetrics & Gynecology
  9.2.6.2 Cardiology
  9.2.6.3 Urology
  9.2.6.4 Orthopedics
  9.2.6.5 Gastroenterology
  9.2.6.6 Vascular
  9.2.6.7 Others)
  9.2.6.8
  9.2.7 Historic and Forecasted Market Size By End User
  9.2.7.1 Hospitals
  9.2.7.2 Diagnostic Centers
  9.2.7.3 Clinics
  9.2.7.4 Home Care Settings) 
  9.2.8 Historic and Forecast Market Size by Country
  9.2.8.1 US
  9.2.8.2 Canada
  9.2.8.3 Mexico
9.3. Eastern Europe Ultrasound Devices Market
  9.3.1 Key Market Trends, Growth Factors and Opportunities
  9.3.2 Top Key Companies
  9.3.3 Historic and Forecasted Market Size by Segments
  9.3.4 Historic and Forecasted Market Size By Product Type
  9.3.4.1 Diagnostic Ultrasound Devices
  9.3.4.2 Therapeutic Ultrasound Devices
  9.3.5 Historic and Forecasted Market Size By Technology
  9.3.5.1 2D Ultrasound
  9.3.5.2 3D/4D Ultrasound
  9.3.5.3 Doppler Ultrasound
  9.3.5.4 High-Intensity Focused Ultrasound (HIFU))
  9.3.5.5
  9.3.6 Historic and Forecasted Market Size By Application
  9.3.6.1 Obstetrics & Gynecology
  9.3.6.2 Cardiology
  9.3.6.3 Urology
  9.3.6.4 Orthopedics
  9.3.6.5 Gastroenterology
  9.3.6.6 Vascular
  9.3.6.7 Others)
  9.3.6.8
  9.3.7 Historic and Forecasted Market Size By End User
  9.3.7.1 Hospitals
  9.3.7.2 Diagnostic Centers
  9.3.7.3 Clinics
  9.3.7.4 Home Care Settings) 
  9.3.8 Historic and Forecast Market Size by Country
  9.3.8.1 Russia
  9.3.8.2 Bulgaria
  9.3.8.3 The Czech Republic
  9.3.8.4 Hungary
  9.3.8.5 Poland
  9.3.8.6 Romania
  9.3.8.7 Rest of Eastern Europe
9.4. Western Europe Ultrasound Devices Market
  9.4.1 Key Market Trends, Growth Factors and Opportunities
  9.4.2 Top Key Companies
  9.4.3 Historic and Forecasted Market Size by Segments
  9.4.4 Historic and Forecasted Market Size By Product Type
  9.4.4.1 Diagnostic Ultrasound Devices
  9.4.4.2 Therapeutic Ultrasound Devices
  9.4.5 Historic and Forecasted Market Size By Technology
  9.4.5.1 2D Ultrasound
  9.4.5.2 3D/4D Ultrasound
  9.4.5.3 Doppler Ultrasound
  9.4.5.4 High-Intensity Focused Ultrasound (HIFU))
  9.4.5.5
  9.4.6 Historic and Forecasted Market Size By Application
  9.4.6.1 Obstetrics & Gynecology
  9.4.6.2 Cardiology
  9.4.6.3 Urology
  9.4.6.4 Orthopedics
  9.4.6.5 Gastroenterology
  9.4.6.6 Vascular
  9.4.6.7 Others)
  9.4.6.8
  9.4.7 Historic and Forecasted Market Size By End User
  9.4.7.1 Hospitals
  9.4.7.2 Diagnostic Centers
  9.4.7.3 Clinics
  9.4.7.4 Home Care Settings) 
  9.4.8 Historic and Forecast Market Size by Country
  9.4.8.1 Germany
  9.4.8.2 UK
  9.4.8.3 France
  9.4.8.4 The Netherlands
  9.4.8.5 Italy
  9.4.8.6 Spain
  9.4.8.7 Rest of Western Europe
9.5. Asia Pacific Ultrasound Devices Market
  9.5.1 Key Market Trends, Growth Factors and Opportunities
  9.5.2 Top Key Companies
  9.5.3 Historic and Forecasted Market Size by Segments
  9.5.4 Historic and Forecasted Market Size By Product Type
  9.5.4.1 Diagnostic Ultrasound Devices
  9.5.4.2 Therapeutic Ultrasound Devices
  9.5.5 Historic and Forecasted Market Size By Technology
  9.5.5.1 2D Ultrasound
  9.5.5.2 3D/4D Ultrasound
  9.5.5.3 Doppler Ultrasound
  9.5.5.4 High-Intensity Focused Ultrasound (HIFU))
  9.5.5.5
  9.5.6 Historic and Forecasted Market Size By Application
  9.5.6.1 Obstetrics & Gynecology
  9.5.6.2 Cardiology
  9.5.6.3 Urology
  9.5.6.4 Orthopedics
  9.5.6.5 Gastroenterology
  9.5.6.6 Vascular
  9.5.6.7 Others)
  9.5.6.8
  9.5.7 Historic and Forecasted Market Size By End User
  9.5.7.1 Hospitals
  9.5.7.2 Diagnostic Centers
  9.5.7.3 Clinics
  9.5.7.4 Home Care Settings) 
  9.5.8 Historic and Forecast Market Size by Country
  9.5.8.1 China
  9.5.8.2 India
  9.5.8.3 Japan
  9.5.8.4 South Korea
  9.5.8.5 Malaysia
  9.5.8.6 Thailand
  9.5.8.7 Vietnam
  9.5.8.8 The Philippines
  9.5.8.9 Australia
  9.5.8.10 New Zealand
  9.5.8.11 Rest of APAC
9.6. Middle East & Africa Ultrasound Devices Market
  9.6.1 Key Market Trends, Growth Factors and Opportunities
  9.6.2 Top Key Companies
  9.6.3 Historic and Forecasted Market Size by Segments
  9.6.4 Historic and Forecasted Market Size By Product Type
  9.6.4.1 Diagnostic Ultrasound Devices
  9.6.4.2 Therapeutic Ultrasound Devices
  9.6.5 Historic and Forecasted Market Size By Technology
  9.6.5.1 2D Ultrasound
  9.6.5.2 3D/4D Ultrasound
  9.6.5.3 Doppler Ultrasound
  9.6.5.4 High-Intensity Focused Ultrasound (HIFU))
  9.6.5.5
  9.6.6 Historic and Forecasted Market Size By Application
  9.6.6.1 Obstetrics & Gynecology
  9.6.6.2 Cardiology
  9.6.6.3 Urology
  9.6.6.4 Orthopedics
  9.6.6.5 Gastroenterology
  9.6.6.6 Vascular
  9.6.6.7 Others)
  9.6.6.8
  9.6.7 Historic and Forecasted Market Size By End User
  9.6.7.1 Hospitals
  9.6.7.2 Diagnostic Centers
  9.6.7.3 Clinics
  9.6.7.4 Home Care Settings) 
  9.6.8 Historic and Forecast Market Size by Country
  9.6.8.1 Turkiye
  9.6.8.2 Bahrain
  9.6.8.3 Kuwait
  9.6.8.4 Saudi Arabia
  9.6.8.5 Qatar
  9.6.8.6 UAE
  9.6.8.7 Israel
  9.6.8.8 South Africa
9.7. South America Ultrasound Devices Market
  9.7.1 Key Market Trends, Growth Factors and Opportunities
  9.7.2 Top Key Companies
  9.7.3 Historic and Forecasted Market Size by Segments
  9.7.4 Historic and Forecasted Market Size By Product Type
  9.7.4.1 Diagnostic Ultrasound Devices
  9.7.4.2 Therapeutic Ultrasound Devices
  9.7.5 Historic and Forecasted Market Size By Technology
  9.7.5.1 2D Ultrasound
  9.7.5.2 3D/4D Ultrasound
  9.7.5.3 Doppler Ultrasound
  9.7.5.4 High-Intensity Focused Ultrasound (HIFU))
  9.7.5.5
  9.7.6 Historic and Forecasted Market Size By Application
  9.7.6.1 Obstetrics & Gynecology
  9.7.6.2 Cardiology
  9.7.6.3 Urology
  9.7.6.4 Orthopedics
  9.7.6.5 Gastroenterology
  9.7.6.6 Vascular
  9.7.6.7 Others)
  9.7.6.8
  9.7.7 Historic and Forecasted Market Size By End User
  9.7.7.1 Hospitals
  9.7.7.2 Diagnostic Centers
  9.7.7.3 Clinics
  9.7.7.4 Home Care Settings) 
  9.7.8 Historic and Forecast Market Size by Country
  9.7.8.1 Brazil
  9.7.8.2 Argentina
  9.7.8.3 Rest of SA

Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies

Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research
 

Ultrasound Devices Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 9.79 Billion

Forecast Period 2024-32 CAGR:

 4.24%

Market Size in 2032:

USD 14.22 Billion

Segments Covered:

By Product Type

  • Diagnostic Ultrasound Devices
  • Therapeutic Ultrasound Devices

Technology

  • 2D Ultrasound
  • 3D/4D Ultrasound
  • Doppler Ultrasound
  • High-Intensity Focused Ultrasound (HIFU)

By Application

  • Obstetrics & Gynecology
  • Cardiology
  • Urology
  • Orthopedics
  • Gastroenterology
  • Vascular
  • Others

End User

  • Hospitals
  • Diagnostic Centers
  • Clinics
  • Home Care Settings

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Technological Advancements in Ultrasound Technology

Key Market Restraints:

  • High Costs of Advanced Ultrasound Equipment

Key Opportunities:

  • Increasing Focus on Preventive Healthcare and Early Detection.

Companies Covered in the report:

  • GE Healthcare (United States), Philips Healthcare (Netherlands), Siemens Healthineers (Germany), Canon Medical Systems Corporation (Japan), Hitachi Medical Corporation (Japan), Fujifilm Holdings Corporation (Japan), Mindray Medical International Limited (China), Samsung Medison Co., Ltd. (South Korea), Esaote S.p.A. (Italy), Analogic Corporation (United States) and Other Active Players.

Frequently Asked Questions :

What would be the forecast period in the Ultrasound Devices Market research report?
The forecast period in the Ultrasound Devices Market research report is 2024-2032.
Who are the key players in the Ultrasound Devices Market?
GE Healthcare (United States), Philips Healthcare (Netherlands), Siemens Healthineers (Germany), Canon Medical Systems Corporation (Japan), Hitachi Medical Corporation (Japan), Fujifilm Holdings Corporation (Japan), Mindray Medical International Limited (China), Samsung Medison Co., Ltd. (South Korea), Esaote S.p.A. (Italy), Analogic Corporation (United States) and Other Active Players.
What are the segments of the Ultrasound Devices Market?
The Ultrasound Devices Market is segmented into by Product Type (Diagnostic Ultrasound Devices, Therapeutic Ultrasound Devices), By Technology (2D Ultrasound, 3D/4D Ultrasound, Doppler Ultrasound, High-Intensity Focused Ultrasound (HIFU)), Application (Obstetrics & Gynecology, Cardiology, Urology, Orthopedics, Gastroenterology, Vascular, Others), End User (Hospitals, Diagnostic Centers, Clinics, Home Care Settings). By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Russia, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).
What is the Ultrasound Devices Market?
The Ultrasound Devices Market therefore deals with a variety of medical imaging equipment which uses high frequency sound waves to create images of organs or tissue in the body. These devices are useful equipment in specialties that require the visualization in the operations such as obstetrics, cardiology and emergency medicine. Devices based on the usage and mobility, ultrasound systems are vastly used for non-incision examinations and are now a major component of medical systems.
How big is the Ultrasound Devices Market?
Ultrasound Devices Market Size Was Valued at USD 9.79 Billion in 2023, and is Projected to Reach USD 14.22 Billion by 2032, Growing at a CAGR of 4.24% From 2024-2032.