Ultrasound Systems Devices And Equipment Market Trends Report 2025 – For Business Development and Strategy Teams
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#How Has the Ultrasound Systems Devices And Equipment Market Growth Performance Trended Historically, And What Lies Ahead?
The market size for ultrasound systems devices and equipment has been witnessing consistent growth in the recent past. It is projected to expand from a worth of $10.69 billion in 2024 to $11.12 billion in 2025, with a compound annual growth rate (CAGR) of 4.1%. The historic growth trend is associated with factors such as non-invasive and radiation-free imaging, care in prenatal and obstetrics, applications in cardiology and vascular fields, along with the usage of point-of-care and portable devices.
What Is the Forecast for the Ultrasound Systems Devices And Equipment Market Size Through 2029?
In the coming years, the market size for ultrasound systems devices and equipment is predicted to experience consistent expansion. It’s forecasted to reach $12.86 billion in 2029, with a compound annual growth rate (CAGR) of 3.7%. Main factors driving growth in the predicted period include the expansion of emerging markets, regulatory backing and reimbursement, telemedicine and remote consulting, and value-based healthcare. Notable trends in the projected period encompass the incorporation of artificial intelligence (AI), handheld and wireless ultrasound gadgets, 3D/4D imaging, and fusion imaging.
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What are the Key Market Players in Ultrasound Systems Devices And Equipment Market and How They’re Evolving?
Major companies operating in the ultrasound systems devices and equipment market include GE HealthCare, Siemens Healthineers, Philips Healthcare, Mindray Medical International Ltd, Fujifilm Holdings Corporation, Hitachi Ltd, Toshiba Corporation, Samsung Electronics, Canon Medical Systems, Hologic Inc., Shantou Institute of Ultrasonic Instruments Co. Ltd, Analogic Corporation, Esaote S.p.A, Carestream Health, CHISON Medical Technologies Co.Ltd., Mobisante, Fukuda Denshi Co. Ltd, Echometrix, Butterfly Network, ProDiagnose, eXo Imaging, Teenyco, Sonosite, AnaSonic Bio-Medical, SonoScape, Roop Ultrasonix Ltd., Zonare Medical Systems, B K Medical ApS, Clarius Mobile Health, ContextVision AB, Delsona Therapeutics Inc., Edan Instruments Inc., Healcerion, KPI Healthcare, Laborie Medical Technologies Corp., Promed Group Co. Ltd., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Terason
What Are the Primary Growth Drivers in the Ultrasound Systems Devices And Equipment Market?
The expansion of the ultrasound systems device and equipment market is fueled by government and private sector investment in ultrasonic device manufacturing companies. This funding, coming from both private companies and the government, supplies sufficient capital to these companies to allow for research and development and the creation of innovative and highly advanced ultrasound devices. As a case in point, Chinese ultrasonic firms such as Sonoscape, Mindray, and SIUI have reaped the benefits of a government scheme focused on strengthening domestic manufacturers. In another instance, KKR, a private equity firm, has opted to invest $35 million in Signostics Ltd, an ultrasound device manufacturer based in Australia. Therefore, these funding initiatives not only stimulate the invention of innovative devices, but also provide a significant boost to the market.
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What Are the Leading Segments in the Global Ultrasound Systems Devices And Equipment Industry?
The ultrasound systems devices and equipment market covered in this report is segmented –
1) By Type: Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems
2) By End User: Hospitals, Diagnostic Imaging And Surgical Centers, Ambulatory surgical centers (ASCs), Clinics
3) By Product: A-Mode, B-Mode Or 2D Mode, C-Mode, M-Mode, Doppler Mode, Pulse Inversion Mode, Harmonic Mode
Subsegments:
1) By Diagnostic Ultrasound Systems: 2D Ultrasound Systems, 3D and 4D Ultrasound Systems, Doppler Ultrasound Systems
2) By Therapeutic Ultrasound Systems: High-Intensity Focused Ultrasound (HIFU) Systems, Extracorporeal Shockwave Lithotripsy (ESWL) Systems, Low-Intensity Pulsed Ultrasound (LIPUS) Systems
What Are the Key Market Trends in the Ultrasound Systems Devices And Equipment Industry?
The latest shift set to revolutionize the ultrasound devices and equipment market is the advent of 3D/4D Ultrasound technology. This advanced technology offers superior real-time imaging of internal anatomy or fetus, and facilitates real-time volumetric imaging. It holds potential to aid intricate surgical procedures. The 3D/4D ultrasound devices can notably optimize image visualization, reduce the duration of examination and minimize strain injury during surgery. A case in point is Toshiba’s Aplio i900 Ultrasound machine that is powered by the 3D/4D technology.
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What Is the Regional Outlook for the Ultrasound Systems Devices And Equipment Market?
Western Europe was the largest region in the global ultrasound systems devices and equipment market in 2023. North America was the second-largest region in the ultrasound systems devices and equipment market report. The regions covered in the ultrasound systems devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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This Report Delivers Insight On:
1. How big is the ultrasound systems devices and equipment market, and how is it changing globally?
2. Who are the major companies in the ultrasound systems devices and equipment market, and how are they performing?
3. What are the key opportunities and risks in the ultrasound systems devices and equipment market right now?
4. Which products or customer segments are growing the most in the ultrasound systems devices and equipment market?
5. What factors are helping or slowing down the growth of the ultrasound systems devices and equipment market?
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