Global Medical Ultrasound Market Growth 2025-2031

The global Medical Ultrasound market size is predicted to grow from US$ 3635 million in 2025 to US$ 4435 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.

Ultrasound probe is an essential part of the ultrasonic diagnostic instrument; it can not only transform the electrical signal into ultrasonic signal, but also the ultrasonic signal into electrical signals, with ultrasonic transmission and reception of dual functions.

Global key players of medical ultrasound include GE, Philips, Siemens, Canon, Mindray, etc. The top five players hold a share about 57%. North America is the largest market, has a share about 33%, followed by Asia-Pacific and Europe, with share 31% and 24%, separately.

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

This Insight Report provides a comprehensive analysis of the global Medical Ultrasound 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 Medical Ultrasound portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medical Ultrasound market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Ultrasound 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 Medical Ultrasound.

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

Segmentation by Type:
Linear Type
Convex Type
Phased Array Type
Endocavitary Type
Others

Segmentation by Application:
OB-GYN
Urology
Vascular & Nervous System
Renal / Digestive
Musculoskeletal
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
Philips
Siemens
SonoSite
Canon
Samsung Medison
Hitachi
Esaote
Mindray
SIUI
Shenzhen Ruqi
SonoScape
Jiarui

Key Questions Addressed in this Report

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

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

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

How do Medical Ultrasound market opportunities vary by end market size?

How does Medical Ultrasound break out by Type, by Application?

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