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Top Factor Driving Ultrasound Transducer Market Growth in 2025: Impact Of Rising Cardiovascular And Respiratory Disorders On The Ultrasound Transducer Market
Ultrasound Transducer Market
The surge in cardiovascular and respiratory health issues is anticipated to stimulate the expansion of the ultrasound transducer market in the future. Ultrasound transducers, utilized in the diagnosis and management of health problems affecting the heart and lungs, are becoming increasingly crucial with the rise of such disorders. This equipment is vital for imagining and evaluating the functionality of heart, lungs, and related organs. For example, data from the British Heart Foundation in September 2024 highlighted that approximately 7.6 million individuals in the UK have heart and circulatory diseases, causing about 27% of all deaths in the country. Moreover, tuberculosis cases in the US jumped from 8,320 in 2022 to 9,615 in 2023 according to the Centers for Disease Control and Prevention. This rise in cardiovascular and respiratory health issues is pushing the growth of the ultrasound transducer market. Ultrasound Transducer Market Driver: Escalating Ultrasound Diagnostic Procedures Drive Ultrasound Transducer Market Growth
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How will the growth rate of the ultrasound transducer market shape industry trends by 2034?
The market size of the ultrasound transducer has been on a steady upward trajectory in the past few years. The projections show a growth from $4.39 billion in 2024 to $4.56 billion by 2025, which represents a compound annual growth rate (CAGR) of 3.7%. Factors driving this growth during the historical period include a surge in demand for diagnostic imaging, prevalence of chronic diseases, broader applications in fields like obstetrics and gynecology, an increase in the demographic of the elderly, and advancements in global healthcare infrastructure.
The market for ultrasound transducers is projected to enjoy consistent expansion over the next few years, escalating to $5.32 billion in 2029, with a 3.9% Compound Annual Growth Rate (CAGR). The projected growth during this period can be linked to the surge in telemedicine services, the emphasis on point-of-care diagnostics, increased access in emerging areas, the widening applications in interventional procedures and specialization in various medical sectors. Key trends for this period are expected to be the miniaturization of transducer technology, growth in point-of-care ultrasound (pocus), the creation of high-frequency transducers, the incorporation of artificial intelligence (AI), progress in transducer material technology, and the advent of wireless and cordless transducer connectivity.
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What trends are poised to drive the future success of the ultrasound transducer market?
Large firms present in the ultrasound transducer market are producing advanced tech products like the TEX20 Series. This series is meant to cater to clinicians working in demanding atmospheres including emergency and critical care. The TEX20 Series is a point-of-care ultrasound system aimed at enhancing patient care delivery in such tough environments. For instance, Mindray Global, a medical device firm based in China, unveiled the TEX20 Series in June 2022. This series includes numerous cutting-edge technologies that offer excellent image quality, boost clinical confidence, and augment workflow productivity. The Mindray TEX20 series excels as a supremely technological solution with diverse features aimed at uplifting clinical outcomes and patient-centric care. This series come with vital technology components such as ZST, AI-smart tools, an integrated information system, an ergonomic design, a wireless transducer, refined imaging modes, high-frequency imaging, and compactness.
Which primary segments of the ultrasound transducer market are driving growth and industry transformations?
The ultrasound transducer market covered in this report is segmented -
1) By Product: Linear, Convex, Phased array, Endocavitary, Continuous wave Doppler, Other Products
2) By Application: Cardiovascular, General Imaging, Musculoskeletal, Obstetrics (OB) And Gynecology (GYN), Vascular, Other Applications
3) By End User: Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Clinics
Subsegments:
1) By Linear: High-Frequency Linear Transducers, Low-Frequency Linear Transducers
2) By Convex: Microconvex Transducers, Full-Range Convex Transducers
3) By Phased Array: Small Footprint Phased Array Transducers, Full-Sector Phased Array Transducers
4) By Endocavitary: Vaginal Endocavitary Transducers, Rectal Endocavitary Transducers
5) By Continuous Wave Doppler: Pedoff-Type Continuous Wave Doppler Transducers, Immersion Doppler Transducers
6) By Other Products: 3D Or 4D Transducers, Intravascular Ultrasound (IVUS) Transducers
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North America was the largest region in the ultrasound transducer market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ultrasound transducer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the ultrasound transducer market landscape?
Major companies operating in the ultrasound transducer market report are Hitachi Medical Corporation, Siemens Healthineers, Fujifilm Holdings Corporation, Koninklijke Philips N.V, Alpinion Medical Systems Co. Ltd., GE HealthCare Technologies Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Neusoft Medical Systems Co. Ltd., Canon Medical Systems Corporation, Meditech Group, Samsung Medison Co. Ltd., Esaote SpA, SonoScape Medical Corp., Edan Instruments Inc., Butterfly Network Inc., HistoSonics Inc., Acutus Medical Inc., eZono AG, Broadsound Corporation, Delphinus Medical Technologies Inc., iThera Medical GmbH, Novuson Surgical Inc., Rivanna Medical Inc., Shenzhen JiaRui Electronic Technology Co. Ltd., Exact Imaging Inc., MediView LLC annual revenue, Sonavex Inc., iSono Health Inc.
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What Is Covered In The Ultrasound Transducer Global Market Report?
•Market Size Forecast: Examine the ultrasound transducer market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the ultrasound transducer market for a structured understanding.
•Key Players Overview: Analyze major players in the ultrasound transducer market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the ultrasound transducer market.
•Segment Contributions: Evaluate how different segments drive overall growth in the ultrasound transducer market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the ultrasound transducer market.
•Industry Challenges: Identify potential risks and obstacles affecting the ultrasound transducer market.
•Competitive Landscape: Review strategic developments in the ultrasound transducer market, including expansions, agreements, and new product launches.
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Table of Contents:
1 Study Coverage
1.1 Ultra…
