Ultrasound Devices Market Size

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

The growth of the market can be attributed to the rising need for ultrasound reports by medical practitioners to gain valuable information for diagnoses and treatment. The device also helps in examining an unborn child in pregnant women. Moreover, according to data published by Beth Israel Deaconess Medical Centre, most healthy women receive at least two ultrasound scans in their overall pregnancy period which is one of the prominent reasons for the growing demand for ultrasound devices. It is found that on average, every minute approximately 250 babies are born across the globe.The rising prevalence of various diseases worldwide as well as the growing number of patients along with the surge in the number of diagnostic centers worldwide are major factors expected to boost the market in the forecasted period.