PUBLISHER: The Business Research Company | PRODUCT CODE: 1810882
PUBLISHER: The Business Research Company | PRODUCT CODE: 1810882
Diagnostic ultrasound is a medical test that uses sound waves to produce images of the inside of the body. It allows doctors to visualize organs, tissues, and blood flow without making any incisions. This technique is safe, painless, and does not involve harmful radiation. It is commonly used to evaluate medical conditions and monitor pregnancies.
The primary technologies in diagnostic ultrasound include two-dimensional (2D) ultrasound imaging, three-dimensional (3D) and four-dimensional (4D) ultrasound imaging, and Doppler imaging. Two-dimensional (2D) ultrasound imaging is a method that generates flat, real-time cross-sectional images of internal structures using high-frequency sound waves. These systems are available in portable formats, including trolley-based and handheld devices. They are utilized in various fields such as anesthesiology, cardiology, gynecology or obstetrics, musculoskeletal radiology, critical care, radiology, and others, and are used by end-users such as hospitals, maternity centers, diagnostic centers, ambulatory surgical services, and more.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The fast surge in U.S. tariffs and the trade tensions that followed in spring 2025 are heavily affecting the medical equipment sector, particularly for imported imaging machine components, surgical-grade stainless steel, and plastic disposables. Hospitals and clinics resist price hikes, pressuring manufacturers' margins. Regulatory hurdles compound the problem, as tariff-related supplier changes often require re-certification of devices, delaying time-to-market. Companies are mitigating risks by dual-sourcing critical parts, expanding domestic production of commoditized items, and accelerating R&D in cost-efficient materials.
The diagnostic ultrasound market research report is one of a series of new reports from The Business Research Company that provides diagnostic ultrasound market statistics, including the diagnostic ultrasound industry global market size, regional shares, competitors with the diagnostic ultrasound market share, detailed diagnostic ultrasound market segments, market trends, and opportunities, and any further data you may need to thrive in the diagnostic ultrasound industry. This diagnostic ultrasound market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The diagnostic ultrasound market size has grown strongly in recent years. It will grow from $7.52 billion in 2024 to $7.95 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth during the historic period can be attributed to the rising use of ultrasound in emergency care settings, increased availability of skilled ultrasound technicians, growing adoption of 3D and 4D imaging technologies, greater integration of Picture Archiving and Communication Systems (PACS) with ultrasound systems, and the expanding application of ultrasound in veterinary diagnostics.
The diagnostic ultrasound market size is expected to see strong growth in the next few years. It will grow to $9.81 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to the increasing adoption of tele-ultrasound solutions, rising demand for fusion imaging that combines ultrasound with CT or MRI, growing government investments in imaging infrastructure, a continued shift toward value-based healthcare, and the expanding use of ultrasound in home healthcare settings. Key trends expected during this period include advancements in ultrasound contrast agents for improved imaging, the development of advanced elastography techniques for detailed tissue characterization, the emergence of wireless ultrasound probes for greater mobility, innovations in ultrasound-based drug delivery systems, and progress in ultrasound-guided robotic interventions.
The increasing preference for minimally invasive surgeries is anticipated to drive the growth of the diagnostic ultrasound market in the coming years. Minimally invasive surgeries involve medical procedures conducted through small incisions using specialized tools and imaging technologies, resulting in less bodily trauma than conventional open surgeries. This demand is rising mainly because these procedures typically offer quicker recovery times, reduced pain, and fewer complications. Diagnostic ultrasound plays a vital role in supporting minimally invasive surgeries by providing real-time imaging guidance, which helps ensure accurate targeting, enhances surgical precision, and reduces the need for more invasive diagnostic techniques. For example, in August 2023, The Aesthetic Society, a US-based plastic surgery and cosmetic medicine organization, reported that Americans spent over $11.8 billion on minimally invasive procedures, a 2% increase from the previous year. As a result, the growing demand for minimally invasive surgeries is fueling the expansion of the diagnostic ultrasound market.
Leading companies in the diagnostic ultrasound market are prioritizing innovation through the development of compact and portable ultrasound devices to improve diagnostic accuracy, increase accessibility, and streamline workflows in various healthcare environments. Compact ultrasound devices are mobile, lightweight imaging systems that provide high-resolution images and are designed to deliver real-time diagnostics at the point of care, including in emergency rooms, outpatient clinics, and remote locations. For instance, in November 2022, Koninklijke Philips N.V., a health technology company based in the Netherlands, introduced the Philips Compact 5000 Series during the Radiological Society of North America (RSNA) conference. This new portable ultrasound system is designed to support accurate, first-time diagnoses by offering high-quality imaging in a compact form. It incorporates an intuitive user interface, seamless data integration, and AI-powered automation to improve clinical decision-making and patient outcomes across a wide array of medical applications.
In October 2024, GE HealthCare, a US-based medical technology firm, acquired the clinical artificial intelligence (AI) division of Intelligent Ultrasound for $0.053 billion. The objective of this acquisition is to enhance GE HealthCare's ultrasound imaging capabilities by incorporating advanced AI technologies that enable real-time image analysis and assist in clinical decision-making. Intelligent Ultrasound, based in the UK, is a medical software company that develops AI solutions to improve the accuracy and efficiency of ultrasound diagnostics.
Major players in the diagnostic ultrasound market are Siemens Healthcare Private Limited, Fujifilm Holdings Corporation, GE Healthcare, Koninklijke Philips N.V., Konica Minolta Inc., Mindray Medical International Limited, Hologi Inc., KronosMD Inc., United Imaging Healthcare Co. Ltd., Samsung Medison Co. Ltd., Analogic Corporation, Esaote SpA, SonoScape Medical Corporation, Canon Medical Systems Corporation, Chison Medical Imaging Co. Ltd., Clarius Mobile Health, MedGyn Products Inc., Terason, Konica Minolta Inc., and TELEMED Medical Systems.
North America was the largest region in the diagnostic ultrasound market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in diagnostic ultrasound report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the diagnostic ultrasound market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The diagnostic ultrasound market consists of revenues earned by entities by providing services such as ultrasound imaging services, tele-ultrasound services, and training and education services. The market value includes the value of related goods sold by the service provider or included within the service offering. The diagnostic ultrasound market also includes sales of portable ultrasound systems, laptop-based ultrasound systems, linear array probes, transesophageal probes, needle guidance probes, and elastography ultrasound systems. Values in this market are 'factory gate' values; that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Diagnostic Ultrasound Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on diagnostic ultrasound market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for diagnostic ultrasound ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The diagnostic ultrasound market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.