Ultrasound Devices Market Forecast at $15.23 Billion by 2033: Technological Advancements and Rising Demand for Point-of-Care Diagnostics Driving Industry Growth
Ultrasound Devices Market
Dublin, March 25, 2025 (GLOBE NEWSWIRE) -- The "Ultrasound Devices Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" has been added to ResearchAndMarkets.com's offering.The Ultrasound Devices market is expected to grow from US$ 9.31 billion in 2024 to US$ 15.23 billion in 2033 at a compound annual growth rate (CAGR) of 5.61% during the forecast period of 2025 to 2033. Growth in the ultrasound devices market can be attributed to advancements in ultrasound technology, growing healthcare awareness, an increase in chronic diseases, and the need for non-invasive diagnostic procedures in developed as well as emerging markets.
Technological Advancements in Ultrasound ImagingTechnologies have improved their performance and functionality of ultrasound significantly. Advances like 3D/4D imaging, portable ultrasound machines, and AI-powered diagnostics are improving image quality, shortening examination times, and enhancing the accuracy of diagnoses. Such innovations have made ultrasound devices more accessible and practical, thus pushing their adoption in various healthcare settings. Miniaturized and handheld ultrasound devices allow for point-of-care diagnostics, making it easier to perform real-time imaging in remote or resource-limited areas, thus fueling market growth.Rising Prevalence of Chronic DiseasesThe rising prevalence of chronic diseases, including cardiovascular disorders, cancer, and liver diseases, is a key driver for the growth of the ultrasound devices market. Ultrasound imaging is critical in diagnosing, monitoring, and managing these conditions. As the global population ages, the demand for non-invasive, reliable diagnostic tools like ultrasound devices continues to rise. Early detection and continuous monitoring of chronic conditions are vital for better treatment outcomes, further boosting the market's growth, especially in developed and emerging markets.Rising Demand for Point-of-Care DiagnosticsThe trend of point-of-care (POC) diagnostics is significantly driving the market for ultrasound devices. As healthcare providers focus more on providing immediate and efficient care, portable ultrasound devices have become indispensable in emergency rooms, outpatient clinics, and rural areas. These portable and compact devices enable point-of-care imaging for healthcare professionals, ensuring quicker diagnosis and treatment. Emphasis on quick and efficient service delivery is creating a huge market for portable ultrasound devices at non-hospital setups.Advanced Ultrasound Systems are Highly ExpensiveAdvanced ultrasound machines with 3D/4D imaging and AI capabilities have the largest impact on this market. Since high-end, modern ultrasound technology requires huge purchases and maintenance expenses, many facilities with smaller scale health setups as well as growing economies are challenged. Such state-of-the-art models limit adoption on a much wider scale due to their steep cost. This encourages many hospitals and health clinics to go for simple models due to lower price scales. Moreover, the high cost of training for the operation of sophisticated systems increases the overall cost, which hampers market growth.Regulatory and Reimbursement IssuesThe ultrasound devices market is affected by regulatory approval and reimbursement policies. In many countries, stringent regulations require that ultrasound devices undergo rigorous testing and certification before they can be marketed. Such processes delay product launches and increase costs. Apart from this, regional reimbursement policies are different for ultrasound procedures, so most of the expenses related to modern devices or even diagnostic services remain uncovered. Poor reimbursement rates lead to reduced use of advanced ultrasound technologies among health care providers. This also impairs the market growth.Ultrasound Therapeutic Systems MarketThe Ultrasound Therapeutic Systems market is rising rapidly with increased demand for pain management and other musculoskeletal disorders, where non-invasive treatment is increasingly being used along with rehabilitation programs. These systems work by applying high-frequency sound waves to tissues, thereby inducing healing, reducing inflammation, and improving circulation. They are often used in physiotherapy and sports medicine for conditions such as tendonitis, muscle strains, and joint pain. Market growth is also fueled by advancements in ultrasound technology, the rise of preventive healthcare, and increasing awareness of non-invasive treatments that provide patients with effective, safe alternatives to surgery.Compact/Handheld Ultrasound Devices IndustryCompact and handheld ultrasound devices are transforming the industry by providing portable, cost-effective, and easy-to-use alternatives to traditional, bulky ultrasound machines. These devices allow healthcare providers to perform real-time diagnostics at the point of care, improving patient outcomes and reducing wait times. Compact ultrasound devices are particularly beneficial in emergency settings, rural areas, and field hospitals with limited access to large imaging equipment. Minimization and battery development have made such portable devices better in efficiency and do not allow a compromise of the image clarity. Their inexpensiveness along with user friendliness is factors for their wider usage in diversified areas, namely primary care, obstetrics, musculoskeletal therapy, and even veterinary care.Color Ultrasound Equipment MarketThe Color Ultrasound Equipment market is growing fast due to ever-increasing requirements for advanced image solutions that have high-resolution visualization of blood circulation and tissue arrangements in real-time. Color Doppler ultrasound systems enhance diagnostic accuracy by visualizing blood circulation, aiding in the detection of cardiovascular conditions, tumors, and vascular diseases. Advancements in imaging technology drive the market, the rising prevalence of chronic diseases, and the growing focus on non-invasive diagnostic tools. Additionally, color ultrasound equipment's expanding use in obstetrics, cardiology, and emergency medicine further fuels market growth globally.Cardiology Ultrasound MarketThe Cardiology Ultrasound Market is growing due to the increasing prevalence of cardiovascular diseases and the demand for non-invasive diagnostic tools. Ultrasound imaging, especially echocardiography, is widely used in assessing heart conditions, including valve disorders, heart failure, and coronary artery disease. Technological advancements in imaging quality, portability, and integration of AI for enhanced diagnostics are driving market growth. This, combined with an increasingly elderly population, will further enhance the growth of the cardiology ultrasound market in the global level.Diagnostic Centers Ultrasound Device IndustryThe industry of Diagnostic Centers Ultrasound Devices is increasing with the rise in demand for non-invasive diagnostic devices. Ultrasound devices are essential in diagnostic centers for imaging organs, tissues, and blood flow, aiding in detecting conditions such as tumors, heart disease, and pregnancy. Technological advancements, such as portable and high-resolution ultrasound systems, enhance diagnostic capabilities. Additionally, the growing focus on early detection, increased awareness of preventive healthcare, and a rise in chronic diseases contribute to the widespread adoption of ultrasound devices in diagnostic centers globally.Canada Ultrasound Devices MarketThe demand for non-invasive diagnostic tools in the healthcare sector is increasing, thereby driving the growth of the Canada Ultrasound Devices Market. The ultrasound devices are used for a wide range of applications, such as obstetrics, cardiology, and musculoskeletal imaging. The recent advancements in technology have increased their application in other fields of medicine. Growing chronic diseases and aging population further support the growth of the market. In addition, the increasing emphasis on early detection and the use of ultrasound devices in clinics and diagnostic centers are driving the growth of the ultrasound devices market in Canada.France Ultrasound Devices MarketThe France Ultrasound Devices Market is growing steadily with the advancement in ultrasound technology and the rising healthcare needs. Ultrasound devices are used for diagnostic imaging in obstetrics, cardiology, musculoskeletal conditions, and emergency medicine. The demand for portable and high-resolution ultrasound systems is increasing due to their convenience and ability to provide real-time results. The aging population and the growing prevalence of chronic diseases, such as cardiovascular disorders, are also driving market expansion. France's healthcare infrastructure and increasing adoption of non-invasive diagnostic tools are further driving the ultrasound devices market.China Ultrasound Devices MarketThe China Ultrasound Devices Market is expanding rapidly with growing healthcare demand, technological advancements, and an increasing aging population. Ultrasound devices are widely used for diagnostic imaging in various medical fields, such as obstetrics, cardiology, and musculoskeletal conditions. With the increased prevalence of chronic diseases and the need for early detection, ultrasound technology is becoming more widespread. Moreover, the government's emphasis on developing health infrastructure and increasing the availability of medical equipment in rural areas is driving the growth of the market. The increasing availability of affordable, portable ultrasound systems increases accessibility, making ultrasound devices more accessible across China.UAE Ultrasound Devices MarketThe UAE Ultrasound Devices Market is growing rapidly with the increased demand for advanced diagnostic tools in the healthcare sector. The use of ultrasound devices in non-invasive obstetrics, cardiology, and musculoskeletal imaging is quite widespread. A growing population, rising prevalence of chronic diseases, and increased emphasis on early detection and preventive healthcare are the main drivers for the market. Advances in technology, such as portable and high-definition ultrasound systems, are improving access and diagnostic accuracy. Alongside the above factors, the world-class infrastructure of healthcare within the UAE coupled with investment in medical technology propels the market for ultrasound devices.
Key Company Analysis: Overview, Recent Developments, Revenue Analysis
GE Healthcare
Siemens Healthcare
Philips
Canon Inc.
Fujifilm Holdings Corporation
Samsung Medison Co. Ltd. (Samsung Electronics Co. Ltd.)
Hitachi Ltd.
Key Attributes
Report Attribute
Details
No. of Pages
140
Forecast Period
2024-2033
Estimated Market Value (USD) in 2024
$9.31 Billion
Forecasted Market Value (USD) by 2033
$15.23 Billion
Compound Annual Growth Rate
5.6%
Regions Covered
Global
Key Topics Covered1. Introduction2. Research Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Global Ultrasound Device Market6. Market Share6.1 By Product6.2 By Portability6.3 By Display Type6.4 By Application6.5 By End Users6.6 By Country7. Product7.1 Diagnostic Ultrasound Systems7.2 Therapeutic Ultrasound Systems8. Portability8.1 Trolley/Cart-based Ultrasound Devices8.2 Compact/Handheld Ultrasound Devices9. Display Type9.1 Color Ultrasound Devices9.2 Black & White (B/W) Ultrasound Device10. Application10.1 Radiology/General Imaging10.2 Cardiology10.3 Gynecology10.4 Vascular10.5 Urology10.6 Others11. End Users11.1 Hospitals11.2 Surgical Centers11.3 Diagnostic Centers11.4 Maternity Centers11.5 Ambulatory Care Centers11.6 Academic Institutions12. Country12.1 North America12.1.1 United States12.1.2 Canada12.2 Europe12.2.1 France12.2.2 Germany12.2.3 Italy12.2.4 Spain12.2.5 United Kingdom12.2.6 Belgium12.2.7 Netherlands12.2.8 Turkey12.3 Asia-Pacific12.3.1 China12.3.2 Japan12.3.3 India12.3.4 South Korea12.3.5 Thailand12.3.6 Malaysia12.3.7 Indonesia12.3.8 Australia12.3.9 New Zealand12.4 Latin America12.4.1 Brazil12.4.2 Mexico12.4.3 Argentina12.5 Middle East & Africa12.5.1 Saudi Arabia12.5.2 UAE12.5.3 South Africa13. Porter's Five Analysis13.1 Bargaining Power of Buyers13.2 Bargaining Power of Suppliers13.3 Degree of Rivalry13.4 Threat of New Entrants13.5 Threat of Substitutes14. SWOT Analysis14.1 Strength14.2 Weakness14.3 Opportunity14.4 Threat15. Company AnalysisFor more information about this report visit https://www.researchandmarkets.com/r/kodu4q
About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
Ultrasound Devices Market
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
7 minutes ago
- Yahoo
Eating fries over boiled potatoes increases type 2 diabetes risk
People who eat three portions of French fries a week have a higher risk of developing type 2 diabetes, a new study suggests. Those who consume similar amounts of boiled, baked or mash potatoes do not have an increased risk, researchers found. An international team of researchers, including an expert from the University of Cambridge, wanted to investigate any links between potato consumption and the risk of type 2 diabetes. Academics analysed data on studies tracking the health of more than 205,000 health workers in the US. Repeated surveys about people's diets were performed over almost four decades. And during the study follow-up periods, some 22,000 cases of type 2 diabetes were documented. Overall the research team found that consumption of baked, boiled or mashed potatoes were not linked to an increased risk of type 2 diabetes (T2D). But people who had a higher consumption of French fries – at least three weekly servings – had a 20% increased risk. And those who eat fries five times a week appeared to have a 27% increased risk. 'The risks associated with potato intake varied by cooking method,' the authors wrote in The BMJ. 'The association between higher potato intake and increased T2D risk is primarily driven by intake of French fries. 'Higher intake of French fries, but not combined baked, boiled, or mashed potatoes, was associated with a higher risk of T2D.' The research team also found that replacing three servings of potatoes each week with whole grains was found to lower the risk of type 2 diabetes by 8%. 'Replacing any form of potatoes, particularly French fries, with whole grains is estimated to lower the risk of T2D, reinforcing the importance of promoting whole grains as an essential part of a healthy diet,' they wrote. But replacing potatoes with white rice was associated with an increased risk of type 2 diabetes, they found. The research team also performed a review of all of the other studies on the topic which had similar findings. In a linked editorial, also published in The BMJ, experts from the US and Denmark wrote: 'This finding also corresponds to the observed associations between high intake of ultra-processed foods and high risk of type 2 diabetes – French fries are often ultra-processed, whereas baked, boiled, or mashed potatoes are often minimally processed.' They added: 'With their relatively low environmental impact and their health impact, potatoes can be part of a healthy and sustainable diet, though whole grains should remain a priority.' Commenting on the study, Dr Faye Riley, research communications lead at Diabetes UK, said: 'This research shows that the link between potatoes and type 2 diabetes isn't as clear-cut as it might seem. 'Type 2 diabetes is a complex condition, with many factors influencing its development, including genetics, age and ethnicity. 'Diet is just one part of the picture, but this study suggests that how food is prepared can make a difference and reinforces the advice to prioritise whole grains and cut back on fried or heavily processed foods as a way to support a balanced diet and reduce your risk.'
Yahoo
7 minutes ago
- Yahoo
US ethane curbs will make contracting to China harder, Energy Transfer says
By Arathy Somasekhar HOUSTON (Reuters) -Recent U.S. restrictions on ethane exports to China will likely make it more difficult to contract with Chinese companies, even though they have already been lifted, U.S. exporter Energy Transfer said on Wednesday. The U.S. placed restrictions on shipping ethane - and a wide swathe of other exports - to China in late May and early June after accusing Beijing of slowing shipments of rare earths vital to automakers and other industries. The restrictions were rescinded last month, but they disrupted flows of ethane and caused significant delays to shipments. "That, you know, put a little bit of a black eye on us, on our industry, on our country...," Marshall McCrea, co-CEO of Energy Transfer, said in a post-earnings conference call. The company is one of the top U.S. exporters of ethane, a natural gas liquid. "We think it's going to be probably a little bit more difficult to contract with Chinese crackers, good or bad, we think that they're probably going to be a little bit more hesitant," McCrea added. About half of U.S. ethane, which is extracted from shale gas, heads to China where it is run through crackers to produce ethylene, a building block for plastics. Chinese petrochemical firms use ethane as a feedstock because it is cheaper than naphtha, while U.S. oil and gas producers need China to buy their natural gas liquids as domestic supply exceeds demand. Rival Enterprise Products Partners also warned last week that the export curbs compromised the U.S. brand for reliable supply and energy security. "These kind of actions rarely hurt the intended target and often backfire hurting our own industry more," said Jim Teague, CEO of Enterprise Products. Enterprise said at least one non-Chinese company that it was in discussions with about contracting ethane decided to contract naphtha instead. Energy Transfer reported a 11.5% decline in net income to $1.16 billion, or 32 cents per unit, in the three months ended June 30. Revenue of $19.24 billion came in well below estimates of about $22 billion, according to LSEG data. Sign in to access your portfolio
Yahoo
7 minutes ago
- Yahoo
Trump, Apple CEO announce $100B US manufacturing investment
President Trump and Apple (AAPL) CEO Tim Cook announced Apple's additional $100 billion commitment to manufacturing in the US. Watch the video above to hear Trump's and Cook's remarks from the White House on Wednesday. To watch more expert insights and analysis on the latest market action, check out more Yahoo Finance. This is a significant step toward the ultimate goal of ensuring that iPhones sold in the United States of America also are made in America, with the massive infusion of capital. It's announcing today, Apple will also build a 250,000 square foot server manufacturing facility in Houston and invest billions of dollars to construct data centers across the country, from North Carolina to Iowa to Oregon. That's big stuff. Apple will also open a state-of-the-art manufacturing economy. It's going to be a manufacturing academy in Detroit, and that's a great place to do it, you know. Big things are happening in Michigan and Detroit. They're coming in because of what we've done with the, uh, I call it the great big beautiful bill. I added one word, great. But we have, uh, the probably the biggest, most comprehensive piece of legislation ever passed. It's going to mean, uh, unbelievable numbers of jobs, and no jobs on, think of this, uh, whether it's tips or overtime or Social Security, no tax. So no tax on tips, no tax on Social Security, no tax on overtime, and there's just a small bit of it, uh, for Apple and others businesses, we're talking about the deductions and all of the things. And actually for people that go out and buy a car, first time it's ever been done. We talk about deductions for companies, but they're going to be able to deduct interest when they borrow money to buy a car, if it's made in America. Has to be made in America. So it is amazing. One of the reasons I think I can say that Apple's coming here is the legislation we just passed with this kind of investment. Apple will also open other facilities, rare earth magnets from Texas, and build, oh, I love that you're doing this. I love that. I love that. And build a brand new rare earth recycling line in Mountain Pass, California. I know that area. That's where they have a lot of truly rare earth. That's fantastic. I love that. And Apple will help develop and manufacture semiconductors and semiconductor equipment in Texas, Utah, Arizona, and New York. For years, Americans have watched as many of our leading tech giants built their factories overseas and exported American jobs abroad. I'm glad to be here with you today, and I'm very proud to say that today we're committing an additional 100 billion to the United States, bringing our total US investment to 600 billion over the next four years. As a part of this, we're launching Apple's American Manufacturing Program. It will spur even more production right here in America for critical components used in Apple products all around the world. And we're thrilled to announce that we've already signed new agreements with 10 companies across America to do just that. Related Videos Trump Says Apple Is 'Coming Home' With New Investment Trump Says He Will Impose 100% Tariff on Semiconductors Trump, Apple to Announce Fresh $100 Billion US Investment Apple $100B commitment, McDonald's weakness, Super Micro sinks Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
