Dublin, April 25, 2025 (GLOBE NEWSWIRE) -- The "Medical Ultrasound Equipment - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Medical Ultrasound Equipment was valued at US$7.3 Billion in 2024 and is projected to reach US$10.2 Billion by 2030, growing at a CAGR of 5.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Medical Ultrasound Equipment market.
The growth in the medical ultrasound equipment market is driven by several factors. What are the key elements propelling this expansion? Technological breakthroughs such as the development of high-intensity focused ultrasound (HIFU) and the integration of artificial intelligence are revolutionizing diagnostic capabilities. An aging population and increasing instances of chronic ailments like cardiovascular diseases are amplifying the need for advanced diagnostic solutions.
Additionally, the growing inclination towards minimally invasive procedures, which depend on precise imaging, and a heightened awareness of health issues among the general population are further fueling market growth. Together, these factors are setting a dynamic course for the future of ultrasound technology in medicine.
Report Scope
The report analyzes the Medical Ultrasound Equipment market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.
Segments: Type (Diagnostic, Therapeutic); End-Use (Hospitals, Diagnostic Laboratories, Other End-Uses); Application (Radiology, Obstetrics/Gynecology, Cardiology, Vascular, Other Applications).
Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Hospitals segment, which is expected to reach US$5.2 Billion by 2030 with a CAGR of a 6.4%. The Diagnostic Laboratories segment is also set to grow at 5.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $1.5 Billion in 2024, and China, forecasted to grow at an impressive 7.1% CAGR to reach $2.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Medical Ultrasound Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as B. Braun Melsungen AG, Boston Scientific Corporation, GE HealthCare PLC, Hologic, Inc., FUJIFILM Holdings Corporation and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 71 companies featured in this Medical Ultrasound Equipment market report include:
- B. Braun Melsungen AG
- Boston Scientific Corporation
- GE HealthCare PLC
- Hologic, Inc.
- FUJIFILM Holdings Corporation
- Konica Minolta, Inc.
- Koninklijke Philips NV
- EDAP TMS SA
- EDAN Instruments, Inc.
- BenQ Medical Technology Corporation
- BK Ultrasound
- Echo-Son SA
- Konica Minolta Healthcare
- Alpinion Medical Systems Co., Ltd.
- Draminski SA
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What's Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Key Attributes
Report Attribute | Details |
No. of Pages | 549 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $7.3 Billion |
Forecasted Market Value (USD) by 2030 | $10.2 Billion |
Compound Annual Growth Rate | 5.9% |
Regions Covered | Global |
MARKET OVERVIEW
- Medical Ultrasound: An Overview
- Comparison of Ultrasound against Other Imaging Modalities
- Application Areas
- Market Outlook: Long Term
- Developing Countries Drive Future Growth
- Major Challenges
- Cost-Effectiveness of Ultrasound vis-a-vis Other Imaging Modalities
- Cost Comparison of Different Imaging Modalities
- Medical Ultrasound Equipment - Global Key Competitors Percentage Market Share in 2025 (E)
- Compact Portable Ultrasound Systems Lend Traction to Point-of-Care Imaging
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
- Recent Market Activity
- World Brands
MARKET TRENDS & DRIVERS
- Technology Advances Spur Growth
- Artificial Intelligence at the Forefront in New Ultrasound Systems
- Enhanced Visualization Methods Enter the Ultrasound Space
- Improved Electronics Drive Development of Advanced Systems
- Automated Ultrasound Scanning Improves Department Efficiency
- Advances in Compact Ultrasound Systems
- Ergonomics Gains Importance in New Product Designs
- Elastography Makes Waves in Ultrasound Industry
- Real-time 3D or 4D Ultrasound Imaging Grows in Prominence
- Increasing Rates of Breast Cancer Drives Ultrasound Presence as a Supplementary Imaging Tool for Breast Cancer
- Incidence of Breast Cancer Worldwide by Region: 2024
- Rise in Incidence of Cardiovascular Diseases Drives Demand for Echocardiography
- Global Cardiovascular Ultrasound Procedure Share: 2024
- Fatalities by Heart Conditions - Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
- Emphasis on Improved Healthcare Delivery Drives Use of Ultrasound in Prenatal Diagnostics
- Global New Births (in Millions) per Annum by Geographic Region
- Ultrasound for Therapeutic Applications: Largely Untapped
- Select FDA Approved Modes for Ultrasound Therapy
- Focused Ultrasound: Multiple Therapeutic Possibilities
- Application of Ultrasound in Alleviating Parkinson's Tremors
- Prevalence of Kidney Stones Drives Use of Ultrasound Technology
- Advancements in Ultrasound Fusion Technology
- Ultrasound and MRI Imaging: An Efficient Combination
- Contrast Agents Expand Ultrasound Applications
- Commercially Available Contrast Agents for Cardiology Applications
- Microbubbles/Ultrasound Contrast Agents Set for Strong Growth
- Rise in Healthcare Expenditure to Drive Growth
- World Healthcare Expenditure (In US$ Billion) for the Years 2017-2024
- Demographic Factors Buoy Demand for Ultrasound Equipment
- Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
For more information about this report visit https://www.researchandmarkets.com/r/rsme3u
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