Ultrasound Market Size, Share, Trends & Forecast by 2034

Ultrasound Market Outlook from 2024 to 2034

The ultrasound market is set to be valued at US$ 11.70 billion in 2024 and is projected to reach US$ 20.40 billion by 2034, exhibiting a modest CAGR of 5.80% over the forecast period.

Key Market Drivers:

The ultrasound market generated an estimated revenue of US$ 8.20 billion in 2019. Over the span of four years, the market experienced a 7.40% CAGR, adding a staggering revenue of US$ 2.70 billion and reaching a total of US$ 10.90 billion in 2023. Several reasons can be attributed to this growth:

The expanding use of ultrasound across various medical specialties, including cardiology, obstetrics, and musculoskeletal imaging
Growing awareness among patients and healthcare providers about the benefits of ultrasound as a safe and non-invasive diagnostic tool
The rising emphasis on prenatal care and women's health led to an increased number of ultrasound screenings during pregnancy
The popularity of portable and point-of-care ultrasound systems, expanding access to imaging services, especially in remote or resource-limited settings
The growth of telemedicine and remote healthcare services is increasing the demand for portable and easily deployable ultrasound devices
Continuous innovation and technological developments in ultrasound imaging systems, enhancing diagnostic capabilities
Favorable reimbursement policies for ultrasound procedures in many healthcare systems, such as the United States, India, China, etc.

Attributes	Key Statistics
Projected Market Value (2024)	US$ 11.70 billion
Estimated Market Value (2034)	US$ 20.40 billion
Forecasted Growth Rate (2024 to 2034)	5.80% CAGR

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Adoption Analysis of Ultrasound

The healthcare sector is increasingly adopting ultrasounds, especially in hospitals and clinics. These entities utilize ultrasound for diagnostic imaging in various medical departments, including radiology, cardiology, obstetrics, and emergency care.
The ultrasound market is booming, with growing popularity among diagnostic imaging centers. They use ultrasound for a wide range of imaging services, including examinations of the abdomen, pelvis, musculoskeletal system, and other areas.
Ultrasounds are experiencing increasing demand from individual healthcare professionals such as radiologists, obstetricians, cardiologists, and general practitioners for patient examinations and diagnosis.
Military and field hospitals are also opting for ultrasounds for quick and efficient medical evaluations in challenging environments.
The growing adoption of ultrasounds is observed in telemedicine platforms, where they have become a valuable tool for remote consultations, enabling healthcare providers to conduct virtual examinations.
Ultrasounds are also gaining popularity in the treatment of pregnant women, allowing expectant mothers to monitor the development and health of the fetus.

Restraining Factors Adversely Affecting the Ultrasound Market

The ultrasound industry is anticipated to surpass a valuation of US$ 20.40 billion by 2034, registering a 5.80% CAGR. While the market is projected to experience remarkable growth, several restraining factors could adversely affect its progress:

The initial capital required to install an advanced ultrasonic system is the biggest hurdle for small clinics and hospitals. This obstacle keeps a substantial number of potential consumers away from the market, thereby slowing its growth.
Competition from other imaging technologies, such as MRI and CT scans, may limit the growth of the ultrasound market.
In certain countries, like India, regulations regarding ultrasound are very strict. These restrictions hamper the overall adoption of ultrasound systems in healthcare facilities, further contributing to negative market growth.
There are still some concerns regarding overexposure to ultrasound radiation, especially among pregnant women. This deters a considerable number of people from opting for ultrasounds.

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Comparative View of Adjacent Industries

Our analyst has comprehensively studied the healthcare sector and has come up with two related markets that have the potential to give rigorous competition to the ultrasound market: the cardiovascular ultrasound market and the anesthesia ultrasound market. These markets, stemming from the parent ultrasound market, exhibit promising potential for growth and innovation within the healthcare industry.

The growth rates and current market valuations are detailed in the table below. Additionally, the growth factors and critical challenges in each respective market have been discussed. Based on these findings, the market for anesthesia ultrasounds is anticipated to overpower the other two markets in the coming years.

Ultrasound Market:

Attributes	Ultrasound Market
CAGR (2024 to 2034)	5.80%
Market Value (2024)	US$ 11.70 billion
Growth Factor	Technological advancements leading to improved ultrasound systems
Challenges	Inadequate or restrictive reimbursement policies for ultrasound procedures

Cardiovascular Ultrasound Market:

Attributes	Cardiovascular Ultrasound Market
CAGR (2024 to 2034)	7.20%
Market Value (2024)	US$ 1.39 billion
Growth Factor	Growing adoption of echocardiography for early detection and monitoring of heart conditions.
Challenges	The shortage of skilled cardiac sonographers required to operate these advanced technologies

Anesthesia Ultrasound Market:

Attributes	Anesthesia Ultrasound Market
CAGR (2024 to 2034)	7.40%
Market Value (2024)	US$ 324.67 million
Growth Factor	Growing awareness about the benefits of ultrasound in improving anesthesia precision
Challenges	Challenges in standardizing ultrasound protocols for anesthesia across different medical settings

Category-wise Insights

Ultrasound Devices Sales are Set to Skyrocket in the Upcoming Decades

Depending on the component, the ultrasound market branches into ultrasound devices, transducers, gels, and other components. The ultrasound devices segment is anticipated to develop at a CAGR of 4.20% from 2024 to 2034.

Various medical specialties, including radiology, cardiology, obstetrics, and emergency care, are increasingly utilizing ultrasound devices due to the rising prevalence of chronic diseases requiring diagnostic imaging.
The demand for ultrasound devices in the healthcare sector is also touching the skies due to growing awareness among healthcare providers and patients about the benefits of ultrasound for accurate and safe diagnostics.
Ultrasound devices, such as portable and high-resolution imaging systems, are enhancing diagnostic precision and expanding the scope of medical examinations. This is also a key driver for their increased adoption in recent years.

Attributes	Details
Component	Ultrasonic Devices
Forecasted CAGR (From 2024 to 2034)	4.20%

2D Ultrasounds to Retain their Dominance despite the Emergence of 3D Technology

The ultrasound market is categorized by technology into 2D ultrasound, 3D and 4D ultrasound, color Doppler imaging, continuous Doppler imaging, etc. The 2D ultrasound technology segment dominates the market and is anticipated to flourish at a CAGR of 4.10% through 2034.

2D ultrasounds are very likely to remain the most preferred imaging technology in the healthcare industry, primarily due to their familiarity among healthcare professionals in various fields such as obstetrics, cardiology, radiology, and emergency care.
Despite the emergence of 3D technology, 2D ultrasounds are experiencing a surge in adoption due to their cost-effectiveness, ease of operation, and ability to provide essential information in real time.

Attributes	Details
Technology	2D Ultrasounds
Forecasted CAGR (From 2024 to 2034)	4.10%

Country-wise Insights

The section provides an analysis of the ultrasound market by country, including Japan, China, the United States, South Korea, and the United Kingdom. The table presents the CAGR for each country, indicating the expected market growth in that particular country through 2034.

Countries	Forecasted CAGR (From 2024 to 2034)
South Korea	6.80%
The United Kingdom	6.60%
China	6.40%
The United States	5.90%
Japan	5.00%

Ultrasound Market in South Korea

South Korea is one of the leading countries in this market. The South Korea ultrasound market is anticipated to maintain its supremacy by progressing at an annual growth rate of 6.80% until 2034.

In the past few years, the healthcare sector in South Korea has seen tremendous investments from both public and private entities. These investments aim to adopt advanced technologies, including ultrasound. This has positioned South Korea as the leading country in this market.
South Korea is also dealing with the problem of a rapidly growing aging population. This demographic is more susceptible to treatments that require ultrasounds for better diagnosis. This is automatically generating excellent demand for 2D and 3D ultrasound systems in the country.

Ultrasound Market in the United Kingdom

The United Kingdom also rules the ultrasound industry. The United Kingdom ultrasound market is anticipated to retain its ascendency by succeeding at an annual growth rate of 6.60% through 2034.

The growing awareness of non-chronic diseases in the United Kingdom has pushed the demand for preventive healthcare treatments among the general population. This has led to increased adoption of ultrasounds in medical facilities such as hospitals, clinics, and ambulatory diagnostic centers across the country.
The United Kingdom is also home to some of the most advanced research schools and institutes associated with the medical sector. These institutes make significant contributions to the market for ultrasounds in the country.

Ultrasound Market in China

China, too, rules the ultrasound industry in the international marketplace. The Chinese ultrasound market is anticipated to exhibit an annual growth rate of 6.40% until 2034.

The government has always been at the forefront of modernizing medical facilities in the country. This has spurred the demand for advanced and sophisticated ultrasonic devices in the country, fueling market growth.
In the past few years, the middle-class population in China has experienced exponential growth. This has prompted healthcare entities in the country to provide robust facilities, such as 3D ultrasounds and color Doppler imaging systems, to meet the increasing demand.

Ultrasound Market in the United States

The United States tops the chart as the leading country when it comes to the ultrasound market, which is anticipated to register a CAGR of 5.90% through 2034.

There is a rising prevalence of chronic diseases, such as diabetes, hypertension, and obesity, in the country. Individuals dealing with these diseases often require ultrasounds for their treatments, which is contributing significantly to the market for ultrasounds in the United States.
The United States is also home to some of the most advanced medicare companies in the world. This presence amplifies the availability of sophisticated ultrasound devices, such as high-intensity focused ultrasound (HIFU) and extracorporeal shock wave lithotripsy (ESWL), augmenting the widespread adoption.

Ultrasound Market in Japan

Japan, too, plays a significant role in the ultrasound industry. Over the next ten years, the Japanese demand for ultrasounds is projected to rise at a 5.00% CAGR.

The geriatric population in Japan is responsible for the significant market growth. This population generates a high demand for ultrasounds due to the rising incidences of cardiovascular diseases, cancer, and musculoskeletal issues.
Japan is also known for its medical tourism around the world. Each year, millions of individuals flock to the country to take advantage of its medical facilities. This also generates excellent demand for Top of Formultrasounds in the country.

Competitive Landscape

The ultrasound market consists of numerous players catering to both local and international consumers. Siemens Healthineers, General Electric Company, and Philips Healthcare are among the key players providing ultrasound components.

Hospitals, ambulatory surgical centers, specialty diagnostic centers, prenatal care clinics, etc., rely on these companies for their ultrasound devices. Apart from this, companies in the market are striving to make their products more cost-effective so that small clinics and hospitals can afford them.

This effort is intended to enable these companies not only to offer advanced facilities to patients but also to attract a substantial number of consumers to the market.

Recent Developments

In August 2023, researchers at MIT Lincoln Laboratory, in collaboration with Massachusetts General Hospital, unveiled the Noncontact Laser Ultrasound (NCLUS). This innovative system, utilizing laser-based technology, delivers high-quality medical images of internal body structures, offering capabilities comparable to MRI and CT at a significantly lower cost.
In September 2023, Mindray revolutionized ultrasound technology with the launch of TE Air, the first handheld ultrasound device providing dual connectivity to mobile devices or the TE X Ultrasound System. Offering dedicated presets for various clinical exams, it promises enhanced utility and accessibility for clinicians both inside and outside hospitals.
ALPINION Medical Systems introduced the X-CUBE i9, a portable ultrasound diagnostic device, in August 2023. Boasting dual batteries and probe connectors, it enhances examination speed. With one-minute readiness, it can operate for over 100 hours in standby and more than one hour in scan mode.
In July 2023, Konica Minolta launched the PocketPro H2, a handheld ultrasound device optimized for musculoskeletal assessment, needle guidance, and vascular access. The wireless unit offers 90 minutes of continuous scanning, an ergonomic design, and compatibility with iOS and Android devices, providing clinicians with advanced point-of-care ultrasound capabilities.

Key Companies in the Market

Siemens Healthineers
General Electric Company (GE Healthcare)
Philips Healthcare
Canon Medical Systems Corporation (formerly Toshiba Medical Systems)
Samsung Medison
Hitachi Healthcare
Fujifilm SonoSite
Esaote S.p.A.
Mindray Medical International Limited
Analogic Corporation
SuperSonic Imagine
Terason (Teratech Corporation)
SonoScape Medical Corporation
Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
Chison Medical Imaging Co., Ltd.
United Imaging Healthcare Co., Ltd.
Healcerion
Clarius Mobile Health
Zonare Medical Systems (now part of Mindray)

Ultrasound Market Segmentation

By Component:

Ultrasound Devices
Transducers/Probes
Gels
Other Components

By Technology:

Diagnostic Ultrasound
- 2D Ultrasound
- 3D and 4D Ultrasound
- Color Doppler Imaging
- Continuous Doppler Imaging
- Pulse Wave Doppler Imaging
Therapeutic Ultrasound
- High-intensity Focused Ultrasound (HIFU)
- Extracorporeal Shock Wave Lithotripsy (ESWL)
- Shock Wave Lithotripsy (SWL)

By Display Type:

Colored Display
Black and White Display

By Portability:

Cart/Trolly-based Ultrasound Systems
Handheld/Compact Ultrasound Systems
Point of Care Ultrasound Systems

By Application:

Diagnostic Applications
- General Imaging
- Cardiology
- Obstetrics/Gynecology
- Vascular
- Urology
- Other Diagnostic Applications

Therapeutic Applications
- Drug Delivery
- Physical Therapy
- Pain Management
- Other Therapeutic Applications

By End User:

Hospitals & Clinics
Diagnostic Imaging Centers
Ambulatory Care Centers
Academic & Research Institutes

By Region:

North America
Latin America
Asia Pacific
Middle East and Africa (MEA)
Europe

Frequently Asked Questions

What is the Current Worth of the Ultrasound Market?

The market is on track to be worth US$ 11.70 billion in 2024.

What is the Sales Forecast for Ultrasounds through 2034?

The market for ultrasounds is expected to reach US$ 20.40 billion by 2034.

What is the Projected Growth Rate for the Ultrasound Market?

The market is forecasted to exhibit a CAGR of 5.80% from 2024 to 2034.

Who are the Key Manufacturing Companies for Ultrasounds?

Siemens Healthineers, General Electric Company, and Philips Healthcare are some of the key players in the market.

What was the Overall Global Value of the Ultrasound Market in 2023?

The global valuation of the market in 2023 was US$ 10.90 billion.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Component

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Component, 2019 to 2023

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Component, 2024 to 2034

        5.3.1. Transducers/Probes

            5.3.1.1. Curvilinear/ Convex Array Probes

            5.3.1.2. Linear Array Probes

            5.3.1.3. Phased Array Probes

            5.3.1.4. Other Probes

        5.3.2. Workstations

        5.3.3. Others

    5.4. Y-o-Y Growth Trend Analysis By Component, 2019 to 2023

    5.5. Absolute $ Opportunity Analysis By Component, 2024 to 2034

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Technology

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Technology, 2019 to 2023

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Technology, 2024 to 2034

        6.3.1. Diagnostic Ultrasound

            6.3.1.1. 2D Ultrasound

            6.3.1.2. 3D & 4D Ultrasound

            6.3.1.3. Doppler Ultrasound

            6.3.1.4. Contrast-Enhanced Ultrasound

        6.3.2. Therapeutic Ultrasound

            6.3.2.1. High-Intensity Focused (HIFU)

            6.3.2.2. Extracorporeal Shockwave Lithotripsy (ESWL)

    6.4. Y-o-Y Growth Trend Analysis By Technology, 2019 to 2023

    6.5. Absolute $ Opportunity Analysis By Technology, 2024 to 2034

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Display

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Display, 2019 to 2023

    7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Display, 2024 to 2034

        7.3.1. Colour Ultrasound

        7.3.2. Black and White Ultrasound

    7.4. Y-o-Y Growth Trend Analysis By Display, 2019 to 2023

    7.5. Absolute $ Opportunity Analysis By Display, 2024 to 2034

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Portability

    8.1. Introduction / Key Findings

    8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Portability, 2019 to 2023

    8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Portability, 2024 to 2034

        8.3.1. Trolley/ Cart based Systems

        8.3.2. Compact/Handheld Systems

        8.3.3. POC Systems

    8.4. Y-o-Y Growth Trend Analysis By Portability, 2019 to 2023

    8.5. Absolute $ Opportunity Analysis By Portability, 2024 to 2034

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End User

    9.1. Introduction / Key Findings

    9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End User, 2019 to 2023

    9.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End User, 2024 to 2034

        9.3.1. Hospital, Surgical Centres, Diagnostic Centres

        9.3.2. Maternity Centre

        9.3.3. Ambulatory Centres

        9.3.4. Research and Academia

        9.3.5. Other End Users

    9.4. Y-o-Y Growth Trend Analysis By End User, 2019 to 2023

    9.5. Absolute $ Opportunity Analysis By End User, 2024 to 2034

10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application

    10.1. Introduction / Key Findings

    10.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2019 to 2023

    10.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2024 to 2034

        10.3.1. Radiology/General Imagine

        10.3.2. OB/ Gynecology

        10.3.3. Cardiology

        10.3.4. Urology

        10.3.5. Vascular

        10.3.6. Orthopedic and Musculoskeletal

        10.3.7. Pain Management

        10.3.8. Other Applications

    10.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023

    10.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034

11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    11.1. Introduction

    11.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023

    11.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034

        11.3.1. North America

        11.3.2. Latin America

        11.3.3. Western Europe

        11.3.4. Eastern Europe

        11.3.5. South Asia and Pacific

        11.3.6. East Asia

        11.3.7. Middle East and Africa

    11.4. Market Attractiveness Analysis By Region

12. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        12.2.1. By Country

            12.2.1.1. USA

            12.2.1.2. Canada

        12.2.2. By Component

        12.2.3. By Technology

        12.2.4. By Display

        12.2.5. By Portability

        12.2.6. By End User

        12.2.7. By Application

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Component

        12.3.3. By Technology

        12.3.4. By Display

        12.3.5. By Portability

        12.3.6. By End User

        12.3.7. By Application

    12.4. Key Takeaways

13. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        13.2.1. By Country

            13.2.1.1. Brazil

            13.2.1.2. Mexico

            13.2.1.3. Rest of Latin America

        13.2.2. By Component

        13.2.3. By Technology

        13.2.4. By Display

        13.2.5. By Portability

        13.2.6. By End User

        13.2.7. By Application

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Component

        13.3.3. By Technology

        13.3.4. By Display

        13.3.5. By Portability

        13.3.6. By End User

        13.3.7. By Application

    13.4. Key Takeaways

14. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        14.2.1. By Country

            14.2.1.1. Germany

            14.2.1.2. UK

            14.2.1.3. France

            14.2.1.4. Spain

            14.2.1.5. Italy

            14.2.1.6. Rest of Western Europe

        14.2.2. By Component

        14.2.3. By Technology

        14.2.4. By Display

        14.2.5. By Portability

        14.2.6. By End User

        14.2.7. By Application

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Component

        14.3.3. By Technology

        14.3.4. By Display

        14.3.5. By Portability

        14.3.6. By End User

        14.3.7. By Application

    14.4. Key Takeaways

15. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        15.2.1. By Country

            15.2.1.1. Poland

            15.2.1.2. Russia

            15.2.1.3. Czech Republic

            15.2.1.4. Romania

            15.2.1.5. Rest of Eastern Europe

        15.2.2. By Component

        15.2.3. By Technology

        15.2.4. By Display

        15.2.5. By Portability

        15.2.6. By End User

        15.2.7. By Application

    15.3. Market Attractiveness Analysis

        15.3.1. By Country

        15.3.2. By Component

        15.3.3. By Technology

        15.3.4. By Display

        15.3.5. By Portability

        15.3.6. By End User

        15.3.7. By Application

    15.4. Key Takeaways

16. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    16.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    16.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        16.2.1. By Country

            16.2.1.1. India

            16.2.1.2. Bangladesh

            16.2.1.3. Australia

            16.2.1.4. New Zealand

            16.2.1.5. Rest of South Asia and Pacific

        16.2.2. By Component

        16.2.3. By Technology

        16.2.4. By Display

        16.2.5. By Portability

        16.2.6. By End User

        16.2.7. By Application

    16.3. Market Attractiveness Analysis

        16.3.1. By Country

        16.3.2. By Component

        16.3.3. By Technology

        16.3.4. By Display

        16.3.5. By Portability

        16.3.6. By End User

        16.3.7. By Application

    16.4. Key Takeaways

17. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    17.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    17.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        17.2.1. By Country

            17.2.1.1. China

            17.2.1.2. Japan

            17.2.1.3. South Korea

        17.2.2. By Component

        17.2.3. By Technology

        17.2.4. By Display

        17.2.5. By Portability

        17.2.6. By End User

        17.2.7. By Application

    17.3. Market Attractiveness Analysis

        17.3.1. By Country

        17.3.2. By Component

        17.3.3. By Technology

        17.3.4. By Display

        17.3.5. By Portability

        17.3.6. By End User

        17.3.7. By Application

    17.4. Key Takeaways

18. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    18.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    18.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        18.2.1. By Country

            18.2.1.1. GCC Countries

            18.2.1.2. South Africa

            18.2.1.3. Israel

            18.2.1.4. Rest of MEA

        18.2.2. By Component

        18.2.3. By Technology

        18.2.4. By Display

        18.2.5. By Portability

        18.2.6. By End User

        18.2.7. By Application

    18.3. Market Attractiveness Analysis

        18.3.1. By Country

        18.3.2. By Component

        18.3.3. By Technology

        18.3.4. By Display

        18.3.5. By Portability

        18.3.6. By End User

        18.3.7. By Application

    18.4. Key Takeaways

19. Key Countries Market Analysis

    19.1. USA

        19.1.1. Pricing Analysis

        19.1.2. Market Share Analysis, 2023

            19.1.2.1. By Component

            19.1.2.2. By Technology

            19.1.2.3. By Display

            19.1.2.4. By Portability

            19.1.2.5. By End User

            19.1.2.6. By Application

    19.2. Canada

        19.2.1. Pricing Analysis

        19.2.2. Market Share Analysis, 2023

            19.2.2.1. By Component

            19.2.2.2. By Technology

            19.2.2.3. By Display

            19.2.2.4. By Portability

            19.2.2.5. By End User

            19.2.2.6. By Application

    19.3. Brazil

        19.3.1. Pricing Analysis

        19.3.2. Market Share Analysis, 2023

            19.3.2.1. By Component

            19.3.2.2. By Technology

            19.3.2.3. By Display

            19.3.2.4. By Portability

            19.3.2.5. By End User

            19.3.2.6. By Application

    19.4. Mexico

        19.4.1. Pricing Analysis

        19.4.2. Market Share Analysis, 2023

            19.4.2.1. By Component

            19.4.2.2. By Technology

            19.4.2.3. By Display

            19.4.2.4. By Portability

            19.4.2.5. By End User

            19.4.2.6. By Application

    19.5. Germany

        19.5.1. Pricing Analysis

        19.5.2. Market Share Analysis, 2023

            19.5.2.1. By Component

            19.5.2.2. By Technology

            19.5.2.3. By Display

            19.5.2.4. By Portability

            19.5.2.5. By End User

            19.5.2.6. By Application

    19.6. UK

        19.6.1. Pricing Analysis

        19.6.2. Market Share Analysis, 2023

            19.6.2.1. By Component

            19.6.2.2. By Technology

            19.6.2.3. By Display

            19.6.2.4. By Portability

            19.6.2.5. By End User

            19.6.2.6. By Application

    19.7. France

        19.7.1. Pricing Analysis

        19.7.2. Market Share Analysis, 2023

            19.7.2.1. By Component

            19.7.2.2. By Technology

            19.7.2.3. By Display

            19.7.2.4. By Portability

            19.7.2.5. By End User

            19.7.2.6. By Application

    19.8. Spain

        19.8.1. Pricing Analysis

        19.8.2. Market Share Analysis, 2023

            19.8.2.1. By Component

            19.8.2.2. By Technology

            19.8.2.3. By Display

            19.8.2.4. By Portability

            19.8.2.5. By End User

            19.8.2.6. By Application

    19.9. Italy

        19.9.1. Pricing Analysis

        19.9.2. Market Share Analysis, 2023

            19.9.2.1. By Component

            19.9.2.2. By Technology

            19.9.2.3. By Display

            19.9.2.4. By Portability

            19.9.2.5. By End User

            19.9.2.6. By Application

    19.10. Poland

        19.10.1. Pricing Analysis

        19.10.2. Market Share Analysis, 2023

            19.10.2.1. By Component

            19.10.2.2. By Technology

            19.10.2.3. By Display

            19.10.2.4. By Portability

            19.10.2.5. By End User

            19.10.2.6. By Application

    19.11. Russia

        19.11.1. Pricing Analysis

        19.11.2. Market Share Analysis, 2023

            19.11.2.1. By Component

            19.11.2.2. By Technology

            19.11.2.3. By Display

            19.11.2.4. By Portability

            19.11.2.5. By End User

            19.11.2.6. By Application

    19.12. Czech Republic

        19.12.1. Pricing Analysis

        19.12.2. Market Share Analysis, 2023

            19.12.2.1. By Component

            19.12.2.2. By Technology

            19.12.2.3. By Display

            19.12.2.4. By Portability

            19.12.2.5. By End User

            19.12.2.6. By Application

    19.13. Romania

        19.13.1. Pricing Analysis

        19.13.2. Market Share Analysis, 2023

            19.13.2.1. By Component

            19.13.2.2. By Technology

            19.13.2.3. By Display

            19.13.2.4. By Portability

            19.13.2.5. By End User

            19.13.2.6. By Application

    19.14. India

        19.14.1. Pricing Analysis

        19.14.2. Market Share Analysis, 2023

            19.14.2.1. By Component

            19.14.2.2. By Technology

            19.14.2.3. By Display

            19.14.2.4. By Portability

            19.14.2.5. By End User

            19.14.2.6. By Application

    19.15. Bangladesh

        19.15.1. Pricing Analysis

        19.15.2. Market Share Analysis, 2023

            19.15.2.1. By Component

            19.15.2.2. By Technology

            19.15.2.3. By Display

            19.15.2.4. By Portability

            19.15.2.5. By End User

            19.15.2.6. By Application

    19.16. Australia

        19.16.1. Pricing Analysis

        19.16.2. Market Share Analysis, 2023

            19.16.2.1. By Component

            19.16.2.2. By Technology

            19.16.2.3. By Display

            19.16.2.4. By Portability

            19.16.2.5. By End User

            19.16.2.6. By Application

    19.17. New Zealand

        19.17.1. Pricing Analysis

        19.17.2. Market Share Analysis, 2023

            19.17.2.1. By Component

            19.17.2.2. By Technology

            19.17.2.3. By Display

            19.17.2.4. By Portability

            19.17.2.5. By End User

            19.17.2.6. By Application

    19.18. China

        19.18.1. Pricing Analysis

        19.18.2. Market Share Analysis, 2023

            19.18.2.1. By Component

            19.18.2.2. By Technology

            19.18.2.3. By Display

            19.18.2.4. By Portability

            19.18.2.5. By End User

            19.18.2.6. By Application

    19.19. Japan

        19.19.1. Pricing Analysis

        19.19.2. Market Share Analysis, 2023

            19.19.2.1. By Component

            19.19.2.2. By Technology

            19.19.2.3. By Display

            19.19.2.4. By Portability

            19.19.2.5. By End User

            19.19.2.6. By Application

    19.20. South Korea

        19.20.1. Pricing Analysis

        19.20.2. Market Share Analysis, 2023

            19.20.2.1. By Component

            19.20.2.2. By Technology

            19.20.2.3. By Display

            19.20.2.4. By Portability

            19.20.2.5. By End User

            19.20.2.6. By Application

    19.21. GCC Countries

        19.21.1. Pricing Analysis

        19.21.2. Market Share Analysis, 2023

            19.21.2.1. By Component

            19.21.2.2. By Technology

            19.21.2.3. By Display

            19.21.2.4. By Portability

            19.21.2.5. By End User

            19.21.2.6. By Application

    19.22. South Africa

        19.22.1. Pricing Analysis

        19.22.2. Market Share Analysis, 2023

            19.22.2.1. By Component

            19.22.2.2. By Technology

            19.22.2.3. By Display

            19.22.2.4. By Portability

            19.22.2.5. By End User

            19.22.2.6. By Application

    19.23. Israel

        19.23.1. Pricing Analysis

        19.23.2. Market Share Analysis, 2023

            19.23.2.1. By Component

            19.23.2.2. By Technology

            19.23.2.3. By Display

            19.23.2.4. By Portability

            19.23.2.5. By End User

            19.23.2.6. By Application

20. Market Structure Analysis

    20.1. Competition Dashboard

    20.2. Competition Benchmarking

    20.3. Market Share Analysis of Top Players

        20.3.1. By Regional

        20.3.2. By Component

        20.3.3. By Technology

        20.3.4. By Display

        20.3.5. By Portability

        20.3.6. By End User

        20.3.7. By Application

21. Competition Analysis

    21.1. Competition Deep Dive

        21.1.1. Zimmer MedizinSysteme GmbH

            21.1.1.1. Overview

            21.1.1.2. Product Portfolio

            21.1.1.3. Profitability by Market Segments

            21.1.1.4. Sales Footprint

            21.1.1.5. Strategy Overview

                21.1.1.5.1. Marketing Strategy

                21.1.1.5.2. Product Strategy

                21.1.1.5.3. Channel Strategy

        21.1.2. General Electric Company

            21.1.2.1. Overview

            21.1.2.2. Product Portfolio

            21.1.2.3. Profitability by Market Segments

            21.1.2.4. Sales Footprint

            21.1.2.5. Strategy Overview

                21.1.2.5.1. Marketing Strategy

                21.1.2.5.2. Product Strategy

                21.1.2.5.3. Channel Strategy

        21.1.3. Fujifilm Corporation

            21.1.3.1. Overview

            21.1.3.2. Product Portfolio

            21.1.3.3. Profitability by Market Segments

            21.1.3.4. Sales Footprint

            21.1.3.5. Strategy Overview

                21.1.3.5.1. Marketing Strategy

                21.1.3.5.2. Product Strategy

                21.1.3.5.3. Channel Strategy

        21.1.4. Hitachi, Ltd.

            21.1.4.1. Overview

            21.1.4.2. Product Portfolio

            21.1.4.3. Profitability by Market Segments

            21.1.4.4. Sales Footprint

            21.1.4.5. Strategy Overview

                21.1.4.5.1. Marketing Strategy

                21.1.4.5.2. Product Strategy

                21.1.4.5.3. Channel Strategy

        21.1.5. Mindray Medical International Limited.

            21.1.5.1. Overview

            21.1.5.2. Product Portfolio

            21.1.5.3. Profitability by Market Segments

            21.1.5.4. Sales Footprint

            21.1.5.5. Strategy Overview

                21.1.5.5.1. Marketing Strategy

                21.1.5.5.2. Product Strategy

                21.1.5.5.3. Channel Strategy

        21.1.6. Samsung Healthcare

            21.1.6.1. Overview

            21.1.6.2. Product Portfolio

            21.1.6.3. Profitability by Market Segments

            21.1.6.4. Sales Footprint

            21.1.6.5. Strategy Overview

                21.1.6.5.1. Marketing Strategy

                21.1.6.5.2. Product Strategy

                21.1.6.5.3. Channel Strategy

        21.1.7. Siemens Healthineers AG

            21.1.7.1. Overview

            21.1.7.2. Product Portfolio

            21.1.7.3. Profitability by Market Segments

            21.1.7.4. Sales Footprint

            21.1.7.5. Strategy Overview

                21.1.7.5.1. Marketing Strategy

                21.1.7.5.2. Product Strategy

                21.1.7.5.3. Channel Strategy

        21.1.8. Koninklijke Philips N.V.

            21.1.8.1. Overview

            21.1.8.2. Product Portfolio

            21.1.8.3. Profitability by Market Segments

            21.1.8.4. Sales Footprint

            21.1.8.5. Strategy Overview

                21.1.8.5.1. Marketing Strategy

                21.1.8.5.2. Product Strategy

                21.1.8.5.3. Channel Strategy

        21.1.9. Canon Inc.

            21.1.9.1. Overview

            21.1.9.2. Product Portfolio

            21.1.9.3. Profitability by Market Segments

            21.1.9.4. Sales Footprint

            21.1.9.5. Strategy Overview

                21.1.9.5.1. Marketing Strategy

                21.1.9.5.2. Product Strategy

                21.1.9.5.3. Channel Strategy

        21.1.10. ESAOTE SPA

            21.1.10.1. Overview

            21.1.10.2. Product Portfolio

            21.1.10.3. Profitability by Market Segments

            21.1.10.4. Sales Footprint

            21.1.10.5. Strategy Overview

                21.1.10.5.1. Marketing Strategy

                21.1.10.5.2. Product Strategy

                21.1.10.5.3. Channel Strategy

22. Assumptions & Acronyms Used

23. Research Methodology

Ultrasound Market

Ultrasound Market Forecast by Colored and Black and White Display for 2024 to 2034