According to our (Global Info Research) latest study, the global Medical Ultrasound Probe market size was valued at US$ 3714 million in 2024 and is forecast to a readjusted size of USD 4626 million by 2031 with a CAGR of 3.2% during review period.
Medical ultrasound probes are critical components in ultrasonic diagnostic instruments. They serve dual functions: converting electrical signals into ultrasonic signals and vice versa. This bidirectional capability allows for effective ultrasonic transmission and reception, making them indispensable in medical imaging. The technology enables detailed visualization of internal body structures, aiding in accurate diagnostics.
The global market for medical ultrasound probes is characterized by significant contributions from major players such as GE, Siemens, Philips, Canon, and Mindray. Collectively, the top five manufacturers hold approximately 58% of the market share. North America leads the market with a 32% share, reflecting its advanced healthcare infrastructure and high demand for diagnostic imaging technologies. Europe and Asia Pacific follow, each holding over 48% of the market combined, indicating substantial regional investments and growing adoption in these areas.
In terms of product segmentation, Convex Type ultrasound probes dominate the market, accounting for over 50% of the segment. This type is favored for its wide-angle imaging capabilities, making it ideal for various diagnostic applications. OB-GYN is the largest application segment, underscoring the importance of ultrasound in obstetrics and gynecology. Other notable applications include urology, highlighting the versatility of ultrasound technology across different medical specialties. As the technology advances, ongoing innovations and increasing demand are expected to drive market growth and further shape industry trends.
Looking ahead, the medical ultrasound probe market is poised for growth driven by advancements in technology and increasing healthcare needs. Innovations such as high-resolution imaging, portable ultrasound devices, and integration with artificial intelligence are expected to enhance diagnostic accuracy and accessibility. Additionally, the rising prevalence of chronic diseases and the aging population are contributing to the growing demand for non-invasive diagnostic tools. The market is likely to see continued expansion in emerging regions as healthcare infrastructure improves and awareness of advanced imaging solutions increases. These factors collectively suggest a robust and dynamic future for the medical ultrasound probe industry, with ongoing developments promising to further enhance the capabilities and applications of ultrasound technology.
This report is a detailed and comprehensive analysis for global Medical Ultrasound Probe market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Medical Ultrasound Probe market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Medical Ultrasound Probe market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Medical Ultrasound Probe market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Medical Ultrasound Probe market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Medical Ultrasound Probe
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Medical Ultrasound Probe market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE, Philips, Siemens, SonoSite, Canon, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Medical Ultrasound Probe market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Linear Type
Convex Type
Phased Array Type
Endocavitary Type
Others
Market segment by Application
OB-GYN
Urology
Vascular & Nervous System
Renal / Digestive
Musculoskeletal
Other
Major players covered
GE
Philips
Siemens
SonoSite
Canon
Samsung Medison
Hitachi
Esaote
Mindray
SIUI
Shenzhen Ruqi
SonoScape
Jiarui
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Medical Ultrasound Probe product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Medical Ultrasound Probe, with price, sales quantity, revenue, and global market share of Medical Ultrasound Probe from 2020 to 2025.
Chapter 3, the Medical Ultrasound Probe competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Medical Ultrasound Probe breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Medical Ultrasound Probe market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Medical Ultrasound Probe.
Chapter 14 and 15, to describe Medical Ultrasound Probe sales channel, distributors, customers, research findings and conclusion.
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