Press release
Next Generation Ultrasound Systems Market Future Trends and Scope Analysis Report
According to company's newest research, the Global Next-generation Ultrasound System Market Size is valued at 9.98 Bn in 2023 and is predicted to reach 19.66 Bn by the year 2031 at a 9.00% CAGR during the forecast period for 2024-2031.
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Market Report at
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The rising global population has intensified the need for cutting-edge, tech-driven medical devices. The healthcare landscape is swiftly evolving from a traditional, clinician-centered model to a more distributed and patient-focused system. One of the major catalysts behind this transformation is artificial intelligence (AI), which is revolutionizing diagnostics, treatment, and drug discovery processes across the sector.
AI has demonstrated the capability to recognize intricate imaging patterns and deliver quantitative insights, enhancing the accuracy and speed of diagnostics. By streamlining tasks such as segment selection from 3D imaging datasets, automating repetitive processes, and enabling voice-controlled, hands-free device operation, AI significantly boosts productivity and precision in clinical environments.
The prominent market players
• BK Medical ApS (Analogic Corporation)
• Butterfly Network, Inc.
• Canon, Inc.
• Clarius Mobile Health
• Esaote SpA
• Fujifilm Holdings Corporation
• General Electric Company
• Healcerion Co., Ltd.
• Hitachi, Ltd.
• Hologic, Inc.
• Koninklijke Philips N.V.
• Samsung Electronics Co., Ltd.
• Shenzhen Mindray Bio-Medical
• Electronics Co., Ltd.
• Shimadzu Corporation
• Siemens Healthineers AG
• Other Prominent Players
Market Insights:
Next-generation ultrasound systems represent a new wave of diagnostic tools designed to address a wide array of clinical needs. These advanced devices integrate cutting-edge imaging capabilities with improvements in performance, portability, affordability, and image quality. Their versatility makes them particularly valuable in managing chronic health conditions. The onset of the COVID-19 pandemic has further accelerated the adoption of ultrasound technologies, as healthcare systems worldwide required rapid and effective diagnostic solutions. This surge in demand is expected to continue post-pandemic, fueling sustained growth in the next-generation ultrasound market.
Regional Trends:
North America currently dominates the global ultrasound market, largely due to increased demand for innovative diagnostic systems, a growing burden of chronic illnesses, and substantial governmental investments in healthcare R&D. The region's robust infrastructure and readiness to adopt new medical technologies further contribute to its leading position. Europe is also projected to maintain a strong market presence, driven by early technology adoption and increasing rates of chronic diseases. Meanwhile, the Asia-Pacific region is poised for the fastest growth, supported by a rising number of local manufacturers, expanding healthcare access, and high chronic disease prevalence.
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The Key developments
• In Nov 2022, At the Radiological Society of North America (RSNA), Philips announced the worldwide debut of a next-generation compact portable ultrasound system. The Compact 5000 Series from Philips intends to deliver the diagnostic quality associated with premium cart-based ultrasound equipment to a broader range of patients. The Compact 5000 series, designed for mobility and adaptability without compromising image resolution or performance, enables more patients to get first time-right ultrasound tests.
• In July 2022, Siemens Healthineers exhibits its updated Acuson family at the European Congress of Radiology (ECR) in Vienna. The redesigned ultrasound product line is intended to provide even greater clinical adaptability and to meet the challenges of a variety of clinical applications. Launching 12 new transducers across four ultrasound systems and expanding AI-powered tools1 enables a new level of versatility, resulting in greater efficiency and consistency for clinicians.
• In Nov 2020, Konica Minolta Healthcare Americas, Inc. unveiled the SONIMAGE HS2, a next-generation, small ultrasound system with increased picture quality and novel features designed for point-of-care applications. The HS2 System, which is based on the company's breakthrough ultrasound technology, provides higher picture quality and easier operation to enable doctors to address a wide range of therapeutic applications in musculoskeletal, vascular, pain management, interventional, and orthobiologics.
• In September 2019, Butterfly Launched the New Ultrasound Technology in the U.K. A device has the potential to alter the way ultrasound scans are performed. In a nutshell, Butterfly Network's technology turns a smartphone into an ultrasound machine.
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Market Segmentation:
Global Next Generation Ultrasound Systems Market, by Application, 2024-2031 (Value US$ Bn)
• Monitoring and Diagnostics
• Therapeutics
Global Next Generation Ultrasound Systems Market, by Products, 2024-2031 (Value US$ Bn)
• Diagnostic Ultrasound Systems
• Therapeutic Ultrasound Systems
Global Next Generation Ultrasound Systems Market, by Technology, 2024-2031 (Value US$ Bn)
• 4D/3D Ultrasound Systems
• 2D Ultrasound Systems
• Others (Fusion Imaging Tissue Harmonic Imaging)
Global Next Generation Ultrasound Systems Market, by Portability, 2024-2031 (Value US$ Bn)
• Cart/Trolley-Based Systems
• Handheld Devices and Wearables
• Portable Systems
Global Next Generation Ultrasound Systems Market, by End-Users, 2024-2031 (Value US$ Bn)
• Hospitals
• Diagnostic Centers
• Ambulatory Surgical Centers (ASCs)
• Other End-User
Global Next Generation Ultrasound Systems Market, by Region, 2024-2031 (Value US$ Bn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Next Generation Ultrasound Systems Market, by Country, 2024-2031 (Value US$ Bn)
• U.S.
• Canada
Europe Next Generation Ultrasound Systems Market, by Country, 2024-2031 (Value US$ Bn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Next Generation Ultrasound Systems Market, by Country, 2024-2031 (Value US$ Bn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Next Generation Ultrasound Systems Market, by Country, 2024-2031 (Value US$ Bn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Next Generation Ultrasound Systems Market, by Country, 2024-2031 (Value US$ Bn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.
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