Ultrasound Devices Market Analysis

End-user (Hospitals, Clinics, Research Centers)

The global ultrasound devices market is segmented and analyzed for demand and supply by end-user in hospitals, clinics, and research centers. Out of these segments, the hospital segment is anticipated to hold a notable share in the global ultrasound devices market by 2037, on account of rising patient flow in hospitals worldwide, driving the need for more hospitals equipped with the latest medical equipment & technology. The National Centre for Biotechnology Information states that 1 in 3 adults is suffering from multiple chronic conditions, which is one of the most common reasons that hospitals are witnessing unprecedented patient flow.

Our in-depth analysis of the global market includes the following segments:

By Application	Radiology Gynecology Cardiology Urology Vascular
By Technology	2D Ultrasound Imaging 3D and 4D Ultrasound Imaging Doppler Imaging High–Intensity Focused Ultrasound
By End-User	Hospitals Clinics Research Centers

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of ultrasound devices is assessed at USD 10.51 billion.

The ultrasound devices market size was over USD 10.07 billion in 2024 and is poised to reach USD 20.11 billion by the end of 2037, growing at around 5.6% CAGR during the forecast period i.e., between 2025-2037. Rising use of ultrasound devices by gynecologists as well as hospitals along with the increasing share of diagnostic services in the healthcare sector will drive the market growth.

Asia Pacific industry is projected to account for majority revenue share by 2037, impelled by growing expenditure on healthcare infrastructure owing to rising need for healthcare facilities in the region.

The major players in the market include Siemens Healthcare GmbH, Koninklijke Philips N.V., General Electric Company, Canon Medical Systems Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Samsung Medison Co., Ltd., FUJIFILM Sonosite, Inc., Konica Minolta, Inc., Shantou Institute of Ultrasonic Instruments Co., Terason Divison Teratech Corporation.

Ultrasound Devices Market Analysis