The global ultrasound market was valued at USD 10.1 billion in 2024, projected to grow to USD 10.84 billion in 2025 and reach USD 20.34 billion by 2034, registering a CAGR of 7.26% (2024–2034). Growth is driven by rising chronic disease cases, an aging population, and technological innovations like AI integration, portable devices, and 3D/4D imaging. North America leads with a 44% market share, while Asia-Pacific is the fastest-growing region due to healthcare infrastructure expansion, urbanization, and medical tourism.
●● Download the free sample and get the full report for complete insights and forecasts on this market @ https://www.towardshealthcare.com/download-sample/5563
Market Trends
AI Integration in Ultrasound
●Automates workflows, enhances diagnostic accuracy, and enables real-time guidance.
●Example: NVIDIA & GE Healthcare collaboration (2025) for autonomous imaging.
Portable & Handheld Devices Surge
●Growth in remote healthcare, emergency use, and point-of-care diagnostics.
Specialized Ultrasound for Women’s Health
●Launches like GE Voluson Signature series and Samsung Z20 targeting OB/GYN.
Next-Gen Vascular & Therapeutic Imaging
●Evident Vascular’s IVUS technology for advanced vascular imaging.
Veterinary Ultrasound Expansion
●Esaote’s MyLab Omega eXP VET meeting rising demand in animal diagnostics.
Market Insights
North America dominates due to advanced infrastructure, favorable reimbursements, and high disease prevalence.
Asia-Pacific sees fastest growth from urbanization, rising income, and healthcare investment.
AI & automation are reducing operator dependency, making ultrasound more accessible.
Outpatient and home-based diagnostics are increasing adoption of mobile/handheld systems.
Market Dynamics
Drivers:
●Increasing chronic cases (cardiovascular, cancer, kidney diseases).
●Non-invasive, safe, cost-effective diagnostics.
Restraints:
●High operating costs (USD 20k–75k for new advanced systems).
●Budget constraints in small/rural healthcare setups.
Opportunities:
●AI-powered imaging & 3D/4D tech improving precision.
●Portable, handheld solutions for low-resource and remote settings.
Regional Segments
North America – 44% share, innovation adoption, key players (GE, Philips).
Asia-Pacific – Fastest CAGR; growth from urbanization, medical tourism, maternal healthcare focus.
Europe – Growth from home-based diagnostics, sports medicine, and cross-border healthcare.
Latin America – Expanding imaging centers and affordable portable devices.
MEA – Gradual growth via investments in healthcare modernization.
Segment Highlights
By Product
●Dominant: Diagnostic ultrasound (2D, 3D/4D, Doppler) – wide medical use.
●Fastest Growing: Therapeutic ultrasound – pain management, tissue healing.
By Portability
●Dominant: Cart/Trolley – high-quality imaging, hospital use.
●Fastest Growing: Handheld – point-of-care, rural and emergency use.
By Application
●Dominant: Radiology – tumor, vascular disease diagnosis.
●Fastest Growing: Obstetrics/Gynaecology – maternal & fetal health.
By End-use
●Dominant: Hospitals – broad patient base, advanced facilities.
●Fastest Growing: Imaging centers – affordable, fast diagnostics.
Top Companies 2025
Zimmer MedizinSysteme GmbH
General Electric Healthcare
Fujifilm Corporation
Hitachi, Ltd.
Mindray Medical International Limited.
Samsung Healthcare
Siemens Healthineers AG
Koninklijke Philips N.V.
Canon Inc.
ESAOTE SPA
5 FAQs
Q1. What is the current size of the global ultrasound market?
A1. The market is valued at USD 10.1 billion in 2024 and projected to reach USD 20.34 billion by 2034 at a 7.26% CAGR.
Q2. Which region is expected to grow the fastest?
A2. Asia-Pacific due to healthcare expansion, urbanization, medical tourism, and government initiatives.
Q3. What are the key growth drivers?
A3. Rising chronic disease cases, aging population, demand for early diagnosis, and technological advancements like AI and portable devices.
Q4. Which product segment leads the market?
A4. Diagnostic ultrasound devices lead in share, while therapeutic ultrasound grows fastest.
Q5. How is AI transforming the ultrasound industry?
A5. AI improves diagnostic precision, automates workflows, enables real-time guidance, and reduces dependence on highly skilled operators.
●● Immediate Delivery Available | Buy This Premium Research @ https://www.towardshealthcare.com/price/5563
Access our exclusive, data-rich dashboard dedicated to the diagnostics sector – built specifically for decision-makers, strategists, and industry leaders. The dashboard features comprehensive statistical data, segment-wise market breakdowns, regional performance shares, detailed company profiles, annual updates, and much more. From market sizing to competitive intelligence, this powerful tool is one-stop solution to your gateway.
Access the Dashboard: https://www.towardshealthcare.com/access-dashboard
Become a valued research partner with us – https://www.towardshealthcare.com/schedule-meeting
You can place an order or ask any questions, please feel free to contact us at sales@towardshealthcare.com
About the Author
