PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1886956
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1886956
The global compact ultrasound equipment market continues to expand rapidly, supported by the rising global burden of chronic diseases, growing geriatric population, technological advancements, and the widespread adoption of point-of-care diagnostics. According to the latest industry data, the global compact ultrasound equipment market was valued at USD 2.65 billion in 2024, is projected to reach USD 2.97 billion in 2025, and further expand to USD 6.40 billion by 2032, registering an impressive CAGR of 11.6% between 2025 and 2032. The growing need for portable, accurate, and efficient imaging devices is shaping the market's strong upward trajectory.
Market Overview
Compact ultrasound machines are smaller, portable versions of traditional console ultrasound systems, offering high-quality imaging in a lightweight, mobile design suitable for hospitals, clinics, ambulatory care settings, and remote locations. Their ability to deliver real-time imaging at the point of care is driving global demand. In 2024, North America dominated the market with a 35.84% share, generating USD 0.95 billion, owing to its advanced healthcare infrastructure and high prevalence of chronic diseases.
Leading companies-including Koninklijke Philips N.V., FUJIFILM Corporation, CANON MEDICAL SYSTEMS CORPORATION, GE HealthCare, and Konica Minolta, Inc.-continue to innovate with new product launches, AI-integrated devices, and expansion into new clinical applications.
Market Drivers
A critical driver for the market is the increasing global prevalence of chronic illnesses, such as cardiovascular diseases, kidney disorders, cancers, and metabolic diseases-conditions that require frequent diagnostic monitoring using non-invasive imaging. For instance, the NIH reported in September 2024 that over 808,000 people in the U.S. were living with end-stage renal disease in 2023, while the NCBI estimated around 2.0 million new cancer diagnoses in the U.S. for 2025. Additionally, the WHO projected in February 2025 that the global population aged 60+ will rise from 1.1 billion in 2023 to 1.4 billion by 2030, increasing demand for diagnostic solutions.
As ultrasound is safe, cost-effective, and easy to use, its adoption is rising across emergency care, cardiology, gynecology, nephrology, urology, and home-based care environments. This shift supports the growing global preference for compact, mobile devices.
Market Restraints
Market growth is partially hindered by product recalls, regulatory warnings, and shortages of skilled ultrasound technicians. Frequent recalls-such as Philips' Class 2 recall in March 2024 for its 5000 Compact Series due to heating issues, and Sparq device recall in 2021-affect consumer trust and hinder adoption. Additionally, staffing shortages pose challenges: the U.K.'s 2024 Clinical Radiology workforce census reported a 30% shortage of clinical radiologists, projected to reach 40% by 2028.
Market Opportunities
Advancements in therapeutic ultrasound applications-including neuromodulation, wound healing, targeted drug delivery, and cancer treatment-are opening significant opportunities for market expansion. For example, Insightec's Exablate 4000 platform, approved by ANVISA in 2021, uses MR-guided focused ultrasound for non-invasive treatment of essential tremor and Parkinson's disease.
Partnerships also offer avenues for growth. A notable example is the 2025 partnership between Buck Baits LLC and Kuhl Beans Roasting Company, strengthening supply chain stability and showcasing increasing collaboration within the imaging ecosystem.
Market Trends
A major trend accelerating market growth is the integration of artificial intelligence into compact ultrasound systems. AI algorithms enhance image clarity, automate measurements, improve real-time interpretation, and reduce operator dependency. In March 2025, Philips launched its AI-enabled Compact Ultrasound 5500CV, highlighting industry momentum toward smarter, more efficient imaging solutions.
Manufacturers are also developing portable 3D and 4D imaging systems to expand diagnostic capabilities. Philips' 5000 Series, launched at RSNA 2022, delivers advanced 3D imaging for cardiovascular, OB/GYN, and point-of-care applications.
Segmental Insights
The built-in-console segment dominates due to increasing launch of console-based portable devices such as Mindray's Consona series in 2024. The touchscreen segment is expected to grow steadily due to rising demand for lightweight, modern, touch-operated systems.
The 3D imaging segment leads the imaging type category, followed by rapid growth in 4D imaging for real-time visualization.
Among applications, radiology accounted for the largest share in 2024, supported by AI-enabled device launches such as Wipro GE's Versana Premier R3 in March 2025. Hospitals & clinics remain the leading end-users, driven by rising admissions and increasing use of ultrasound for chronic disease diagnosis.
North America leads the market, while Europe shows steady growth supported by new product launches like Canon's Aplio Flex and Aplio Go systems in 2023. Asia Pacific is the fastest-growing region, driven by rising chronic disease prevalence and increasing focus on early diagnosis. Latin America and the Middle East & Africa are expanding due to strategic healthcare initiatives and growing access to diagnostics.
Conclusion
With the global market increasing from USD 2.65 billion in 2024 to USD 6.40 billion by 2032, compact ultrasound equipment is set for strong future growth. The industry's shift toward portability, AI integration, and preventive diagnostics will play a crucial role in shaping healthcare delivery worldwide.
Segmentation By Product Type
By Imaging Type
By Application
By End-user
By Region