Ultrasound Devices Market Poised for Steady Growth, Fueled by Innovation and Rising Surgical Volumes | DelveInsight

The global ultrasound devices market, valued at USD 6.76 billion in 2023, is projected to grow at a CAGR of 6.82% from 2024 to 2030, reaching USD 10.05 billion by 2030. This growth is driven by the increasing prevalence of chronic conditions such as cardiovascular and urological diseases, rapid technological advancements, greater awareness about early disease detection, and a growing elderly population more prone to chronic disorders. Additionally, the rising preference for ultrasound due to its lack of radiation exposure is further boosting market expansion during the forecast period.

DelveInsight's Ultrasound Devices Market Insights report provides the current and forecast market analysis, individual leading Ultrasound Devices companies' market shares, challenges, Ultrasound Devices market drivers, barriers, and trends, and key Ultrasound Devices companies in the market.

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Key Takeaways from the Ultrasound Devices Market Report
The Ultrasound Devices market is projected to grow at a moderate CAGR from 2025 to 2032.
As per DelveInsight estimates, North America is anticipated to dominate the global Ultrasound Devices market during the forecast period.
Notable Ultrasound Devices companies such as General Electric Company, FUJIFILM Sonosite Inc., Siemens Healthcare GmbH, Koninklijke Philips N.V., Canon Medical Systems Corporation, ESAOTE SPA, Mindray DS USA Inc., DRAMIŃSKI S. A., Konica Minolta Inc., Clarius Mobile Health Corp., TELEMED UAB, MedGyn Products Inc., Quantel Medical, Xuzhou Kaixin Electronic Instrument Co. Ltd., Promed Technology Co. Ltd., Shantou Institute of Ultrasonic Instruments Co. Ltd., SHENNONA Co. Ltd. (COMPAL), Shenzhen Lanmage Medical Technology Co. Ltd., Shenzhen Ricso Technology Co. Ltd., SonoScape Medical Corp., and several others are currently operating in the Ultrasound Devices market.
On November 13, 2024, SonoMotion, a medical device company focused on non-invasive kidney stone treatments, announced that its Stone ClearTM device had received de novo clearance from the FDA. The device uses external ultrasound pulses to move and help pass post-lithotripsy kidney stone fragments without surgery or anesthesia, enabling treatment within a clinical setting.
On November 15, 2021, TELEMED Medical Systems showcased its MicrUs Pro Handheld USB Ultrasound, a PC-based diagnostic ultrasound system, at MEDICA 2021-the world's largest medical technology trade fair. TELEMED is recognized as the first company to develop an open-architecture ultrasound platform based on a personal computer.
On August 24, 2021, Israel-based DiA secured USD 14 million in funding to expand its AI-powered ultrasound analysis solutions. This investment supported the diversification of its product portfolio, the formation of new partnerships with ultrasound vendors, PACS/healthcare IT providers, resellers, and distributors, and the strengthening of its presence in three regional markets.
On July 14, 2021, CoapTech received CE mark approval and a CPT procedure code for its PUMA-G ultrasound gastrostomy system.

To read more about the latest highlights related to the Ultrasound Devices market, get a snapshot of the key highlights entailed in the Global Ultrasound Devices Market Report https://www.delveinsight.com/sample-request/ultrasound-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr


Ultrasound Devices Overview

Ultrasound devices are medical imaging systems that use high-frequency sound waves to produce real-time images of the body's internal structures. These devices are widely used across various medical fields, including cardiology, radiology, obstetrics and gynecology, urology, and musculoskeletal diagnostics, owing to their non-invasive nature, absence of ionizing radiation, and ability to deliver immediate results.

The technology ranges from large, cart-based systems for hospitals to portable and handheld units for point-of-care applications. Advanced ultrasound systems now integrate AI-assisted image analysis, 3D/4D imaging, Doppler capabilities for blood flow assessment, and wireless connectivity for seamless data sharing.

Key market drivers include the rising prevalence of chronic diseases, growing awareness of early disease detection, technological advancements, and a rapidly aging population. The demand is further fueled by the safety profile of ultrasound-especially in repeated diagnostic use-and its expanding role in both diagnostic and therapeutic procedures.

The market is competitive and innovation-driven, with companies introducing compact, user-friendly devices, AI-powered software, and specialized probes for niche applications. Regulatory approvals, strategic partnerships, and investments in research and development continue to shape the landscape, ensuring steady market growth.

Ultrasound Devices Market Insights

North America is projected to hold the largest share of the global ultrasound devices market, driven by factors such as the rising prevalence of chronic diseases like cardiovascular disorders and cancer, rapid technological advancements, increasing awareness about early disease detection, a growing elderly population, and a surge in product launches in the U.S.

Additional contributors to market growth in the region include high disposable incomes, well-established healthcare infrastructure, and greater public awareness of disease progression. According to WHO (2021), non-communicable diseases (NCDs) account for 41 million deaths annually, representing 71% of all global deaths. Moreover, the U.S. Centers for Disease Control and Prevention (CDC) projects that by 2030, new cancer cases will increase by 24% in men and 21% in women.

As a result, the rising adoption of ultrasound devices for diagnostic purposes in the U.S. is expected to further boost demand, creating a favorable growth environment for the country's ultrasound devices market.

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Ultrasound Devices Market Dynamics

The ultrasound devices market is experiencing rising demand, largely driven by the growing global burden of chronic diseases such as cancer and HIV.

For example, data from the World Health Organization (WHO) in 2022 reported that, in 2020, there were approximately 2.26 million breast cancer cases, 2.21 million lung cancer cases, 1.93 million colon and rectal cancer cases, 1.41 million prostate cancer cases, and 1.09 million stomach cancer cases worldwide. Similarly, Globocan 2020 revealed that 1.41 million new cases of prostate cancer were recorded in 2020, with projections suggesting this number will reach about 2.24 million by 2040.

Another major growth driver is the increasing elderly population. According to WHO, about one billion people globally were aged 60 or older in 2020. By 2050, this figure is expected to double to 2.1 billion, while the number of people aged 80 and above is anticipated to triple to 426 million. Since advanced age is a significant risk factor for various health conditions-such as bone and spinal injuries, skeletal disorders, and osteoporosis-this demographic shift is expected to substantially increase the patient pool for chronic diseases. Consequently, the demand for ultrasound devices for diagnosis and monitoring is likely to rise, fueling market growth over the forecast period.


Ultrasound Devices Market Drivers:
Rising incidence of chronic diseases
Increasing technological advancements in product portfolio

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Scope of the Ultrasound Devices Market Report:
Coverage: Global
Study Period: 2022 to 2032
Key Ultrasound Devices Companies: General Electric Company, FUJIFILM Sonosite Inc., Siemens Healthcare GmbH, Koninklijke Philips N.V., Canon Medical Systems Corporation, ESAOTE SPA, Mindray DS USA Inc., DRAMIŃSKI S. A., Konica Minolta Inc., Clarius Mobile Health Corp., TELEMED UAB, MedGyn Products Inc., Quantel Medical, Xuzhou Kaixin Electronic Instrument Co. Ltd., Promed Technology Co. Ltd., Shantou Institute of Ultrasonic Instruments Co. Ltd., SHENNONA Co. Ltd. (COMPAL), Shenzhen Lanmage Medical Technology Co. Ltd., Shenzhen Ricso Technology Co. Ltd., SonoScape Medical Corp., and others.

Which MedTech key players in the Ultrasound Devices market are set to emerge as the trendsetter, explore @ Ultrasound Devices Companies https://www.delveinsight.com/report-store/ultrasound-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr

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This release was published on openPR.