Global Diagnostic Ultrasound Devices Market Growth 2025-2031

Global Diagnostic Ultrasound Devices Market Growth 2025-2031

The global Diagnostic Ultrasound Devices market size is predicted to grow from US$ 12090 million in 2025 to US$ 18610 million in 2031; it is expected to grow at a CAGR of 7.5% from 2025 to 2031.

Diagnostic ultrasound is a non-invasive diagnostic technique used to image inside the body. Diagnostic ultrasound can be further sub-divided into anatomical and functional ultrasound. Anatomical ultrasound produces images of the internal organs or other structures. Functional ultrasound combines information such as the movement and velocity of tissue or blood, softness or hardness of tissue, and other physical characteristics with anatomical images to create “information maps”. These maps help doctors visualize changes/differences in function within a structure or organ.

Market Drivers:

Increasing Demand for Non-Invasive Procedures: The preference for non-invasive diagnostic methods is growing, as ultrasound offers a safer alternative to other imaging techniques like CT and MRI.

Technological Advancements: Innovations in ultrasound technology, such as 3D/4D imaging and portable ultrasound devices, are enhancing diagnostic accuracy and convenience, driving adoption.

Growing Geriatric Population: An aging population increases the prevalence of chronic diseases, leading to a higher demand for diagnostic imaging services.

Rising Healthcare Expenditure: Increased healthcare budgets in many countries are facilitating the purchase of advanced diagnostic equipment, including ultrasound devices.

Expanding Applications: Ultrasound is increasingly used in various medical fields, including cardiology, obstetrics, and emergency medicine, broadening its market potential.

Market Challenges:

High Initial Costs: The high cost of advanced ultrasound equipment can be a barrier for smaller healthcare facilities or clinics.

Regulatory Hurdles: The approval process for medical devices can be lengthy and complex, potentially delaying the entry of new products into the market.

Competition from Alternative Imaging Technologies: The rise of competing technologies, such as MRI and CT scans, can limit the market growth for ultrasound devices.

Shortage of Skilled Professionals: There may be a shortage of trained professionals capable of operating ultrasound equipment and interpreting the results, which can hinder market expansion.

Economic Constraints: Economic downturns can lead to reduced healthcare budgets, impacting the purchasing decisions of healthcare providers.

Global diagnostic ultrasound devices industry, the industry structure is relatively concentrated. The half market share in revenue is grasped by the top three manufacturers, GE, Philips and Siemens, which closes to 57% revenue totally.The Mindray is the leader of China diagnostic ultrasound devices industry.

LP Information, Inc. (LPI) ' newest research report, the “Diagnostic Ultrasound Devices Industry Forecast” looks at past sales and reviews total world Diagnostic Ultrasound Devices sales in 2024, providing a comprehensive analysis by region and market sector of projected Diagnostic Ultrasound Devices sales for 2025 through 2031. With Diagnostic Ultrasound Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Diagnostic Ultrasound Devices industry.

This Insight Report provides a comprehensive analysis of the global Diagnostic Ultrasound Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Diagnostic Ultrasound Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Diagnostic Ultrasound Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Diagnostic Ultrasound Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Diagnostic Ultrasound Devices.

This report presents a comprehensive overview, market shares, and growth opportunities of Diagnostic Ultrasound Devices market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Desktop
Portable

Segmentation by Application:
Cardiology
Obstetrics & Gynecology
Mammography/Breast
Vascular
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
GE Healthcare
Philips
Siemens
Canon Medical
Hitachi
Esaote
SamSung
Konica Minolta
Mindray
WELLD
SonoScape
LANDWIND MEDICAL
SIUI
CHISON
EDAN Instruments
Wisonic Medical
VINNO Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Diagnostic Ultrasound Devices market?

What factors are driving Diagnostic Ultrasound Devices market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Diagnostic Ultrasound Devices market opportunities vary by end market size?

How does Diagnostic Ultrasound Devices break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.