Ultrasound Market - Top Companies and Manufacturers

Companies Dominating the Ultrasound Landscape

Key players in the ultrasound market employ strategies that include production and development of revised product portfolios and new product launches, industry expansions aimed at improving their business operations and existing services, acquisitions of major health businesses to rapidly grow their core offerings, and distribution agreements with branded pharmaceutical manufacturers to reach a larger consumer base. Some of the key players include:

Koninklijke Philips N.V.
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- Recent Development
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Mindray
Zimmer MedizinSysteme GmbH
General Electric Healthcare
Mindray Medical International Limited.
Siemens Healthineers AG
Canon Inc.
ESAOTE SPA
GE Healthcare

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Ultrasound Market Size & Share, Growth Trends 2036

In the News

In February 2022, Koninklijke Philips N.V. introduced Lumify, a portable point-of-care ultrasound device, to broaden its range of products and provide sophisticated hemodynamic assessment and measurement functionalities.
In July 2023, Mindray, a global leader and creator of healthcare solutions and technology in ultrasound, patient monitoring, and anesthesia, announced the release of its TE Air Wireless Handheld Ultrasound, a revolutionary imaging solution that enhances ultrasound accessibility.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of the ultrasound market was USD 9.4 billion.

The market size of the ultrasound market is projected to cross USD 23.4 billion by the end of 2036 expanding at a CAGR of 7.9% during the forecast period i.e., between 2024-2036.

The major players in the market are Koninklijke Philips N.V., Shenzhen Mindray Bio-Medical Electronics Co., Ltd. , Zimmer MedizinSysteme GmbH, General Electric Healthcare, Mindray Medical International Limited., Siemens Healthineers AG, Canon Inc., ESAOTE SPA, GE Healthcare and others.

In terms of portability, the cart/trolley segment is anticipated to garner the largest market share of 59.1% by 2036 and display substantial growth opportunities during 2024-2036.

The market in the North America region is projected to hold the largest market share of 41.9% by the end of 2036 and provide more business opportunities in the future.

Ultrasound Market - Top Companies and Manufacturers

Companies Dominating the Ultrasound Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the ultrasound market?

What is the outlook for the ultrasound market?

Who are the major players dominating the ultrasound market?

Which portability segment will capture the significant market share for the ultrasound market by 2036?

Which region will provide more business opportunities for the growth of the ultrasound market in the future?