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Ultrasound Market Size & Forecast

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Historic: 2021-2023 Base Year: 2024 Forecast: 2025–2031
US$ 4,514.05 Million
Market Size 2024 · Base Year
US$ 5,976.25 Million
Projected Market Size by 2031
4.09%
CAGR · 2025–2031
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BMIRE00027083 56+ Countries Covered 9 Major Companies Profiled PEST & SWOT Analysis Competitive Heat Map
At a Glance

Report Coverage

56 +
Countries
56+ countries across North America, Europe, Asia-Pacific, South and Central America, Middle East and Africa
11
Year Assessment
Comprehensive Market Analysis Covering 3 Years of Historical Data (2021–2023), Base Year (2024), and 7-Year Forecast (2025–2031)
9 +
Major Players
Major companies profiled including GE HealthCare, Siemens Healthineers AG, FUJIFILM Holdings Corporation, Canon Inc., Koninklijke Philips N.V.
200
Report Pages
Pages of deep-dive analysis with PEST, SWOT, competitive heat maps and datasets
What's Fueling Growth

Market Drivers

  • Rising Demand for Minimally Invasive Diagnostics

  • Advancements in Portable and Handheld Devices

Where Growth Opportunities Exist

Key Opportunities

  • Expansion in Home Healthcare and Primary Care

  • Customized Solutions for Emerging Markets

What Could Slow It Down

Market Restraints

  • Equipment cos

  • Operator dependenc

  • Accuracy limitations

Market Segmentation

Coverage by Segment

Product Type

Diagnostic Ultrasound Systems
Therapeutic Ultrasound Systems

Portability

Trolley Based Devices
Handheld Devices

Application

General Imaging
Cardiology
Oncology

End User

Hospitals
Specialty Clinics
Diagnostics Imaging Centers
Geographic Breakdown

Regional Intelligence

NA North America
EU Europe
APAC Asia-Pacific
SCA South & Central America
MEA Middle East & Africa
Competitive Landscape

Major Market Players

Listed for reference — companies are not ranked in any particular order.

GE HealthCare
Siemens Healthineers AG
FUJIFILM Holdings Corporation
Canon Inc.
Koninklijke Philips N.V.
HYPERFINE, INC.
Esaote SPA
Trivitron Healthcare
Samsung Healthcare
What's Inside

Report Scope & Deliverables

Market Size 2024 US$ 4,514.05 Million
Market Size 2031 US$ 5,976.25 Million
CAGR 2025–2031 4.09%
Segments By Product Type (Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems)  |  By Portability (Trolley Based Devices, Handheld Devices)  |  By Application (General Imaging, Cardiology, Oncology)
Geographies North America (US, Canada, Mexico)  ·  Europe (Germany, Italy, France, U.K., Spain, Belgium, Netherlands, Luxembourg, Norway, Finland, Denmark, Sweden, Switzerland, Austria, Greece, Portugal, Russia, Poland, Romania, Czech Republic, Ukraine, Slovakia, Bulgaria)  ·  Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Taiwan, Bangladesh)  ·  South and Central America (Brazil, Argentina, Chile, Colombia, Peru)  ·  Middle East and Africa (Saudi Arabia, United Arab Emirates, Kuwait, Bahrain, Qatar, Oman, Turkiye, South Africa, Egypt, Nigeria, Algeria)
Deliverables Historical analysis with CAGR · PEST & SWOT analysis · Market Size at Global, Regional, and Country Levels · Competitive heat map · Company profiles · Excel dataset
Report Code BMIRE00027083
Lead Analyst Krishna Sunthwal — Analyst, Research · View Profile
With Full Report Access

Gain actionable insights with 200 pages of in-depth Ultrasound Market, including historical trends, 7-year market forecasts, SWOT analysis, competitive landscapes, and downloadable Excel datasets in a single comprehensive package.

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