Top 30 Companies in Ultrasound Equipment Market Worldwide 2025: Market Research Report (2024–2035)
RELEASE DATE: Oct 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Ultrasound Equipment Market Size is projected to Grow from USD 9.17 Billion in 2024 to USD 20.41 Billion by 2035, at a CAGR of 7.54 % during the forecast period of 2025–2035. The market for ultrasound systems is expanding due to the growing demand for non-invasive imaging, the incidence of chronic diseases, and advancements in technology, like 3D/4D ultrasound imaging and portable ultrasound devices. Increasing adoption of ultrasound between hospitals and diagnostic centers drives growth in the market globally.
Introduction
The Market Size for ultrasound devices encompasses the selling and distribution of medical instruments and systems that utilize high-frequency sound waves to produce real-time internal images of the body for diagnostic, therapeutic, and image-guided applications. This market encompasses producers, vendors, and service organizations of diverse ultrasound systems, ranging from fixed diagnostic machines to mobile and handheld instruments, utilized in hospitals, diagnostic facilities, and clinics to assist in disease identification, observation, and minimally invasive treatments. Market participants have been pushed to create readily operated gadgets by recent developments in this technology, the introduction of cutting-edge medical equipment, and the growth of healthcare facilities in developing nations. Additionally, some of the key factors expected to drive the growth of the worldwide ultrasound equipment market during the projected period are the increasing prevalence of chronic diseases and the expansion of applications of these systems. Furthermore, the market's major players, including GE HealthCare, Koninklijke Philips N.V., Fujifilm Corporation, Canon Medical Systems Corporation, and others, have sophisticated product lines and are taking calculated steps to increase their products' reach in unexplored areas.
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The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.
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Ultrasound Equipment Market Size & Statistics
- The Market Size for Ultrasound Equipment Was Estimated to be worth USD 9.17 Billion in 2024.
- The Market Size is going to expand at a CAGR of 7.54 % between 2025 and 2035.
- The Global Ultrasound Equipment Market Size is anticipated to reach USD 20.41 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Ultrasound Equipment Market.
- Asia Pacific is expected to grow the fastest during the forecast period in the Ultrasound Equipment Market.
Regional growth and demand
North America is expected to generate the highest demand during the forecast period in the Ultrasound Equipment Market. A growing number of cancer cases and the existence of numerous competitors in the area are the main drivers of the regional market's expansion. Increased healthcare spending, improved knowledge of different diagnosis techniques, and advantageous reimbursement policies are anticipated to propel regional market expansion.
Asia Pacific is expected to grow the fastest during the forecast period in the Ultrasound Equipment Market. The region is becoming more appealing for research studies due to a number of factors, including low research costs, laxer regulations, and more government financing for the growth of the R&D sector in the individual nations. Growth is also anticipated to be fueled by Southeast Asian nations like China, Japan, and India's fast-expanding economies and advancing healthcare systems.
Top 10 Trends in the Ultrasound Equipment Market
- Increasing Adoption of Point-of-Care and Portable Ultrasound (POCUS) Systems
- Artificial Intelligence (AI) Implemented into Ultrasound Imaging
- Rising Demand for 3D and 4D Ultrasound Technologies
- Increasing Use of Ultrasound for Therapeutic and Interventional Procedures
- Expansion of Ultrasound Applications in Developing Economies
- Technological Developments in Transducer and Probe
- Creation of Cloud-Connected and Wireless Ultrasound Equipment
- Increasing Attention to AI-Powered Automated Image Analysis and Workflow Enhancement
- Growing Use of Ultrasound in Ambulatory and Homecare Environments
- Combining Ultrasound Imaging with Different Techniques
1. Increasing Adoption of Point-of-Care and Portable Ultrasound (POCUS) Systems
Portable ultrasound systems are becoming increasingly popular due to their affordability, ease of use, and ability to deliver real-time imaging at the bedside or in locations that are remote. This trend is changing diagnostic workflows, especially in primary care, emergency medicine, and rural medicine.
2.Artificial Intelligence (AI) Implemented into Ultrasound Imaging
Ultrasound devices with integrated AI technologies increase image quality, automate measurement, and assist clinicians with ultrasound image interpretation. The implementation of AI in ultrasound devices facilitates adoption in hospitals and diagnostic centers by decreasing human error, speeding up the diagnosis, and increasing assistance to less sophisticated operators.
3. Rising Demand for 3D and 4D Ultrasound Technologies
Next-generation 3D and 4D ultrasound technology provides full and instantaneous imaging of organs and tissues and fetal development. These technologies facilitate accuracy in obstetrics, cardiology, and oncology, increasing the demand for high-end and high-performance ultrasound devices.
4. ncreasing Use of Ultrasound for Therapeutic and Interventional Procedures
Ultrasound is increasingly used for directed procedures such as biopsies and medication delivery, and other minimally invasive outpatient surgeries. This expands the scope of its functional use beyond diagnostics, increasing its value and supporting the development of tailored solutions for interventional radiology.
5. Expansion of Ultrasound Applications in Developing Economies
Due to improved healthcare infrastructures, growing awareness, and government programs for accessible diagnostics, emerging economies are experiencing rapid absorption of ultrasound systems.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Ultrasound Equipment market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 15 Companies Leading the Ultrasound Equipment Market
- GE HealthCare
- Koninklijke Philips N.V.
- Canon Medical Systems Corporation
- FUJIFILM Corporation
- Mindray Medical International Limited
- Siemens Healthineers
- Hitachi Medical Corporation
- Esaote S.p.A.
- Konica Minolta Healthcare
- Analogic Corporation
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Shimadzu Corporation
- Hologic, Inc.
- Samsung Electronics Co., Ltd.
- Philips Healthcare
- Others
1. GE HealthCare
Headquarters: Chicago, Illinois, USA
GE HealthCare is a leading global innovator in medical technology and digital solutions in imaging, monitoring, biomanufacturing, and cell and gene therapy technologies. GE offers a comprehensive range of diagnostic imaging systems in ultrasound, including portable, point-of-care, and premium cart-based systems. GE HealthCare demonstrates its commitment to innovation in ultrasound through introducing artificial intelligence and cloud-based solutions that emphasize diagnostic accuracy and streamline workflows.
2. Koninklijke Philips N.V.
Headquarters: Amsterdam, Netherlands
Philips is a worldwide leader in health technology and has a significant position in the ultrasound device market. The EPIQ and Affiniti series of ultrasound solutions are targeted at delivering high image quality and sophisticated clinical imaging capabilities. Philips prioritizes user-friendly interfaces and ergonomic designs to increase clinician efficiency and patient comfort. Furthermore, Philips is recognized for incorporating artificial intelligence into ultrasound imaging, making ultrasound images easier to acquire and diagnose more timely and accurately.
3. Canon Medical Systems Corporation
Headquarters: Otawara, Tochigi, Japan
Canon Medical Systems is an important player in the medical imaging industry. They offer a comprehensive range of ultrasound systems that have benefited from decades of R&D and are simply known for their performance and dependability. The Aplio series and Xario ultrasound systems feature new imaging technologies, such as 3D/4D imaging and elastography, that aid in diagnostics. Canon Medical focuses on improving clinical workflows with the use of intuitive interfaces and flexible options regarding clinical exams, addressing the varying needs of healthcare professionals.
4. FUJIFILM Corporation
Headquarters: Tokyo, Japan
Fujifilm is a diverse technology company with a prominent presence in the medical imaging space. Their ultrasound products, such as the Arietta product family, deliver image quality and diagnostic performance. Fujifilm promotes ultrasound solutions that are compact and mobile for the hospital and point-of-care. The company is also exploring artificial intelligence for improved image analysis and diagnostic accuracy.
5. Mindray Medical International Limited
Headquarters: Shenzhen, Guangdong, China
Mindray ranks among the world's best international suppliers of medical equipment and solutions. Their ultrasound imaging systems, such as the Resona and DC series of ultrasound systems, use advanced imaging technology with easy-to-use interface tools. Mindray's operating philosophy is to provide affordable solutions without compromising quality and performance, ensuring universal affordability for various healthcare institutions. The company continues to strive for advancement in its ultrasound technology, including artificial intelligence and cloud connectivity to help improve diagnostic workflows.
Are you ready to discover more about the Ultrasound Equipment market?
The report provides an in-depth analysis of the leading companies operating in the global Ultrasound Equipment market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- GE HealthCare
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Koninklijke Philips N.V.
- Canon Medical Systems Corporation
- FUJIFILM Corporation
- Mindray Medical International Limited
- Siemens Healthineers
- Hitachi Medical Corporation
- Esaote S.p.A.
- Konica Minolta Healthcare
- Others
Conclusion
The Ultrasound Equipment Market is projected to witness significant growth due to growing demand for non-invasive diagnostic imaging, technological advances, and increasing preference for portable and point-of-care options. New imaging technologies, like 3D/4D, artificial intelligence, and cloud-enabled devices, will continue to enhance diagnostic precision, operational efficiency, and patient outcomes. North America remains an important market with its advanced healthcare infrastructure, while the Asia Pacific is one of the fastest-growing regions, benefiting from improved access to healthcare and government initiatives. Various innovative product developments and market access continue by key companies like GE HealthCare, Philips, Canon Medical, Fujifilm, and Mindray. Overall, the ultrasound equipment market is on a strong trajectory of enhancing access, improving accuracy, and developing technology within medical imaging.
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