The global ultrasound market, valued at US$8.65 billion in 2023, is on a strong upward trajectory—expected to reach US$9.32 billion in 2024 and surge to US$13.87 billion by 2030, registering a robust CAGR of 6.8%. This growth reflects a transformative shift in healthcare:
📈 Clinicians demand non-invasive, real-time imaging,
⚕️ Patients expect faster, safer diagnostics, and
💡 Manufacturers continue to invest in AI-driven, portable, and advanced imaging solutions.
Market Growth Drivers: Why Ultrasound Demand Is Accelerating
1️⃣ Rising Chronic Disease Burden
Cardiovascular diseases, cancer, and musculoskeletal disorders are on the rise globally. These conditions require precise and safe diagnostic tools, making ultrasound one of the most versatile options.
2️⃣ Shift Toward Non-Invasive Diagnostics
Healthcare systems increasingly prefer radiation-free, real-time imaging solutions—placing ultrasound at the forefront of diagnostic innovation.
3️⃣ Tech Advancements Transforming Imaging
The next-generation ultrasound landscape is being shaped by:
-
Artificial Intelligence (AI) for enhanced image analysis
-
3D/4D imaging for high-clarity anatomical visualization
-
Portable & handheld devices, enabling point-of-care diagnostics
From emergency rooms to remote clinics, ultrasound is becoming more accessible and mobile than ever.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=467
Market Segmentation Insights
By Display Type: Color Ultrasound Leads the Way
Color ultrasound is projected to dominate due to its:
-
High-resolution, real-time imaging
-
Integration with Doppler technologies
-
Essential role in cardiovascular, vascular, and obstetric imaging
Rising global rates of diabetes and heart disease further fuel demand for advanced color ultrasound systems.
By Application: Vascular Imaging Shows Highest CAGR
Vascular ultrasound saw the highest CAGR in 2023, driven by:
-
Increased detection of atherosclerosis, DVT, and PAD
-
Need for non-invasive evaluation of blood flow
-
Adoption of advanced 3D/4D Doppler systems
-
Growing awareness of early vascular disease detection
As populations age and vascular conditions rise, clinicians rely more heavily on ultrasound for fast, cost-effective diagnostics.
By Geography: Europe Takes the Lead
Europe held the largest market share, supported by:
-
Rigid medical device regulations ensuring high-quality standards
-
Strong healthcare R&D investments
-
A highly trained clinical workforce skilled in ultrasound diagnostics
-
Surge in portable point-of-care ultrasound adoption
-
Rising awareness of the benefits of non-invasive imaging
Europe’s emphasis on early disease detection and digital health makes it a powerhouse in ultrasound adoption.
Key Players Shaping the Ultrasound Market
GE Healthcare (US)
A global leader with a versatile ultrasound portfolio for:
-
Cardiology
-
Radiology
-
Women’s health
-
MSK imaging
-
Point-of-care diagnostics
Flagship systems like LOGIQ, Voluson, and handheld Vscan Air demonstrate GE’s commitment to AI-driven accuracy and mobility.
Philips Healthcare (Netherlands)
Known for precision and innovation, Philips excels in:
-
Cardiology
-
OB/GYN
-
General imaging
-
Portable ultrasound (e.g., Lumify)
Its EPIQ and Affiniti platforms integrate AI and ergonomic designs, empowering clinicians with diagnostic confidence.
Canon Medical Systems (Japan), Siemens Healthineers (Germany), FUJIFILM Holdings (Japan)
These manufacturers continue to expand in:
-
Advanced imaging
-
AI-based diagnostics
-
High-performing 3D/4D platforms
Mindray Medical International (China)
A rapidly rising global force offering:
-
Cost-effective, high-performance imaging systems
-
Strong R&D footprint
-
Wide presence across 190+ countries
Mindray’s focus on accessibility makes it a trusted partner in emerging markets and large healthcare systems.
Emerging Trends Shaping the Future (SEO-Boosting Section)
These trends are currently dominating searches and headlines—ideal for boosting blog discoverability.
1️⃣ AI-Powered Ultrasound Automation
AI is transforming:
-
Image segmentation
-
Diagnostics accuracy
-
Workflow efficiency
Expect AI-driven “smart scanning” to become standard across high-end systems by 2030.
2️⃣ Portable & Handheld Ultrasound Boom
Biggest adoption areas:
-
Emergency care
-
Rural healthcare
-
Home care
-
Sports medicine
Handheld ultrasounds are projected to grow 2.2x faster than cart-based systems.
3️⃣ Rise of Tele-Ultrasound
Remote imaging using:
-
Cloud-based platforms
-
5G-enabled devices
-
AR-guided scanning
This is reshaping global access to diagnostics—especially in underserved regions.
4️⃣ Growth in Point-of-Care Ultrasound (POCUS)
POCUS is becoming standard in:
-
ICUs
-
ERs
-
Ambulatory care
-
Military medicine
Its speed and convenience make it indispensable to frontline care teams.
Final Takeaway: A Market on the Edge of Transformation
The global ultrasound market is at a pivotal point—driven by technology, accessibility, and a changing healthcare landscape. With AI, portability, and rising chronic diseases fueling demand, ultrasound is no longer just a diagnostic tool; it’s becoming a real-time, point-of-care decision-making powerhouse.
As manufacturers innovate and healthcare systems modernize, the ultrasound market is set to reach US$13.87 billion by 2030, redefining medical imaging for the next decade.
Request Sample Pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=467