Global Ultrasound Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Technology;
Ultrasound Imaging, 3D and 4D Ultrasound Imaging and Doppler Imaging - Color Doppler Imaging, Continuous Doppler Imaging and Pulse Wave Doppler Imaging, and High-intensity Focused Ultrasound.By Portability;
Compact/Handheld Devices and Cart/Trolley Devices.By Application;
Anesthesiology, Cardiology, Gynecology/Obstetrics, Musculoskeletal, Radiology, Emergency Department, Critical Care, and Others.By End Use;
Hospitals, Diagnostic Centers, Research Centers, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Ultrasound Devices Market (USD Million), 2021 - 2031
In the year 2024, the Global Ultrasound Devices Market was valued at USD 9,618.49 million. The size of this market is expected to increase to USD 13,462.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.
The global ultrasound devices market has experienced significant growth and innovation in recent years, fueled by advancements in technology, increasing healthcare expenditure, and the rising prevalence of chronic diseases. Ultrasound devices are versatile diagnostic tools utilized across various medical specialties, including obstetrics, gynecology, cardiology, and radiology, due to their non-invasive nature and real-time imaging capabilities.
One of the key drivers of the ultrasound devices market is the growing demand for minimally invasive procedures. As patients seek less invasive diagnostic and therapeutic options, ultrasound devices have become increasingly popular for guiding procedures such as biopsies, injections, and surgeries. Additionally, the portability and affordability of modern ultrasound devices have expanded their use in point-of-care settings, enabling healthcare providers to deliver timely and efficient care in diverse environments, from hospitals to remote clinics.
Technological advancements have also played a pivotal role in shaping the landscape of the ultrasound devices market. Innovations such as 3D and 4D imaging, contrast-enhanced ultrasound, and elastography have improved the accuracy and diagnostic capabilities of ultrasound systems, enabling clinicians to visualize anatomical structures and pathological conditions with greater clarity. Moreover, the integration of artificial intelligence (AI) and machine learning algorithms has enhanced the efficiency and automation of ultrasound image analysis, leading to faster interpretation and more accurate diagnosis.
Despite the promising growth prospects, the ultrasound devices market faces challenges such as regulatory hurdles, reimbursement issues, and competition from alternative imaging modalities. However, ongoing research and development efforts aimed at enhancing image quality, expanding clinical applications, and improving usability are expected to drive continued growth and innovation in the global ultrasound devices market.
Global Ultrasound Devices Market Recent Developments
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January 2023, Esaote SPA launched its new premium ultrasound equipment, MyLabX90. The proprietary dual-layer eLed monitor by Barco and the revival of the XCrystal probe family are the starting points for the quality components that make up MyLabX90. These guarantee exceptional on-screen image display with a far higher contrast resolution than other product lines.
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May 2023, CHISON Medical Technology Co., Ltd and Philips signed a cooperation agreement. The two parties are committed to offering domestic ultrasound equipment to Chinese customers for a wider range of care settings while focusing on local clinical needs. This will aid medical professionals in improving clinical diagnosis efficiency and work experience and support the high-quality growth of China's precision diagnosis and treatment.
Segment Analysis
Technology segmentation encompasses various types of ultrasound technologies such as 2D Ultrasound, 3D/4D Ultrasound, Doppler Ultrasound, and Portable Ultrasound. 2D Ultrasound remains the most widely used technology, especially for routine diagnostic imaging and prenatal monitoring, offering real-time images of the body's internal structures. 3D/4D Ultrasound has gained popularity in obstetric imaging due to its ability to provide more detailed images, which are beneficial for monitoring fetal development and assessing conditions. Doppler Ultrasound is essential for evaluating blood flow and detecting vascular issues, while Portable Ultrasound devices are increasingly used for point-of-care diagnostics, allowing healthcare providers to perform examinations outside traditional clinical settings. The market demand for each type is influenced by factors such as technological advancements, the need for early diagnosis, and improved patient care.
Portability is another key factor affecting the market, with the main categories being Compact/Handheld Devices and Cart/Trolley Devices. Compact/Handheld Devices offer significant advantages in terms of mobility and ease of use, making them ideal for emergency and bedside care, as well as remote medical settings. These portable units are being adopted rapidly due to their convenience, lower cost, and ability to deliver quick diagnoses. On the other hand, Cart/Trolley Devices are larger, stationary systems commonly used in hospitals and specialized medical centers for more comprehensive and high-resolution imaging. While they require more space and investment, they are preferred for more complex diagnostic procedures where detailed imaging and advanced features are necessary.
Application segmentation divides the market based on its use cases, including Obstetric and Gynecology Imaging, Cardiovascular Imaging, Musculoskeletal Imaging, Abdominal Imaging, and Other Medical Applications. Obstetric and Gynecology Imaging is a significant segment due to the widespread use of ultrasound in monitoring pregnancies and detecting conditions in the reproductive system. Cardiovascular Imaging benefits from ultrasound’s ability to assess heart function, detect abnormalities, and monitor blood flow, contributing to its strong presence in cardiology. Musculoskeletal Imaging is growing as ultrasound technology provides detailed images for musculoskeletal conditions, aiding in faster diagnosis and treatment planning. The Abdominal Imaging segment is also essential for assessing organs such as the liver, kidneys, and pancreas, while Other Medical Applications include uses in emergency and trauma care, where rapid, real-time imaging can be life-saving.
End Use segmentation looks at where ultrasound devices are utilized, including Hospitals, Diagnostic Centers, Ambulatory Surgical Centers (ASCs), and Others. Hospitals are the primary end-users due to their wide range of services and need for reliable diagnostic equipment. Diagnostic Centers cater to outpatient imaging services and have been growing as patients seek specialized diagnostics without long hospital stays. Ambulatory Surgical Centers (ASCs) are adopting ultrasound devices to improve patient care, perform various procedures, and reduce the need for hospital admissions. The Others category includes veterinary clinics and research facilities, where ultrasound technology is also employed for diagnostics and treatment planning.
Geography segmentation identifies the regional distribution of the market, including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America holds a significant share due to advanced healthcare infrastructure, high adoption of medical technologies, and continuous innovation in imaging. Europe follows, driven by robust healthcare systems and a high prevalence of chronic diseases requiring diagnostic imaging. The Asia-Pacific region is experiencing rapid growth, supported by improvements in healthcare infrastructure, increasing medical expenditures, and greater awareness of diagnostic services. Latin America and Middle East & Africa are emerging markets where investments in healthcare and technology adoption are boosting the ultrasound devices sector.
Global Ultrasound Devices Segment Analysis
In this report, the Global Ultrasound Devices Market has been segmented by Technology, Portability, Application, End Use, and Geography.
Global Ultrasound Devices Market, Segmentation by Technology
The Global Ultrasound Devices Market has been segmented by Technology into Ultrasound Imaging, 3D and 4D Ultrasound Imaging, Doppler Imaging and High-intensity Focused Ultrasound.
One significant segment is Ultrasound Imaging, which utilizes high-frequency sound waves to create images of internal body structures. This technology is widely employed for examining organs such as the heart, liver, kidneys, and reproductive organs. Its non-invasive nature and real-time imaging capabilities make it indispensable in obstetrics, cardiology, and general medical diagnostics.
Another noteworthy segment is 3D and 4D Ultrasound Imaging, offering enhanced visualization compared to traditional 2D imaging. These technologies provide volumetric images, allowing for more detailed anatomical assessments and improved diagnostic accuracy. In obstetrics, 3D and 4D ultrasound enable parents to see realistic images of their unborn babies, fostering stronger emotional connections and aiding in prenatal diagnosis of developmental abnormalities.
Doppler Imaging represents another crucial technology in ultrasound devices, facilitating the assessment of blood flow within vessels and organs. By measuring the velocity and direction of blood flow, Doppler ultrasound assists in diagnosing conditions such as deep vein thrombosis, arterial occlusions, and heart valve abnormalities. Its ability to detect subtle changes in blood flow dynamics is invaluable in various medical specialties, including vascular surgery, cardiology, and obstetrics.
The emergence of High-intensity Focused Ultrasound (HIFU) technology has revolutionized therapeutic ultrasound applications. HIFU delivers focused ultrasound energy to specific tissue targets, enabling non-invasive treatment of tumors, uterine fibroids, and neurological disorders. With its precise tissue ablation capabilities and minimal side effects, HIFU is increasingly adopted as a preferred alternative to surgery or radiation therapy in certain clinical scenarios, contributing to the advancement of minimally invasive treatment options.
Global Ultrasound Devices Market, Segmentation by Portability
The Global Ultrasound Devices Market has been segmented by Portability into Compact/Handheld Devices and Cart/Trolley Devices.
Compact/Handheld Devices are known for their ease of use, mobility, and adaptability. These devices are designed for portability, making them ideal for surgical settings where flexibility and quick maneuverability are essential. Handheld ultrasonic scalpels are often preferred in operating rooms where space is limited or when procedures need to be performed in multiple locations within a facility. Their compact size allows surgeons to handle them with precision, facilitating delicate surgeries and minimizing the risk of unintended tissue damage. The demand for handheld ultrasonic devices is growing as medical facilities emphasize the need for versatile and user-friendly surgical equipment that can improve workflow and patient outcomes.
Cart/Trolley Devices, on the other hand, are larger and more stationary units designed to provide robust support and a comprehensive set of functions during complex surgical procedures. These devices are typically used in larger hospitals and specialized surgical centers where surgeries are performed on a larger scale and space is available for equipment setup. Cart/Trolley Devices offer the advantage of housing advanced ultrasonic technology that can be integrated with other surgical tools and systems, providing an all-in-one solution for specialized surgeries. They often come with additional features such as adjustable settings, enhanced power outputs, and built-in cooling systems to accommodate prolonged use. The preference for cart-based devices is driven by the need for comprehensive functionality and stability during surgeries that require consistent performance over extended periods.
Global Ultrasound Devices Market, Segmentation by Application
The Global Ultrasound Devices Market has been segmented by Application into Anesthesiology, Cardiology, Gynecology/Obstetrics, Musculoskeletal, Radiology, Emergency Department, Critical Care and Others.
Anesthesiology stands out as a crucial application area for ultrasound devices, particularly in regional anesthesia procedures. Ultrasound imaging aids anesthesiologists in accurately locating nerves and blood vessels, thereby improving the precision and safety of nerve blocks and other regional anesthesia techniques. This has led to widespread adoption of ultrasound devices in operating rooms and pain management clinics.
Cardiology is another prominent application segment for ultrasound devices, with echocardiography being a cornerstone diagnostic tool for assessing cardiac structure and function. The non-invasive nature of echocardiography makes it particularly valuable for evaluating patients with cardiovascular diseases, such as heart failure, valvular disorders, and congenital heart defects. Advancements in cardiac ultrasound technology have further enhanced its utility in providing detailed anatomical and functional information.
Gynecology and obstetrics represent another significant market segment for ultrasound devices. Obstetric ultrasound is routinely used for monitoring fetal development and diagnosing complications during pregnancy, while gynecological ultrasound is employed for evaluating reproductive organs and detecting conditions such as ovarian cysts and uterine fibroids. The ability of ultrasound to provide real-time imaging without exposing patients to ionizing radiation makes it an indispensable tool in prenatal care and women's health.
Musculoskeletal ultrasound has gained traction in recent years for diagnosing and guiding interventions for various orthopedic and rheumatological conditions. From assessing soft tissue injuries and joint abnormalities to guiding injections and aspirations, musculoskeletal ultrasound offers numerous advantages, including portability, cost-effectiveness, and real-time visualization of anatomical structures.
Ultrasound devices find use in a diverse range of specialties, including radiology, emergency medicine, and critical care. From evaluating abdominal organs and detecting vascular abnormalities to facilitating rapid assessment of trauma patients and guiding emergency procedures, ultrasound plays a vital role in enhancing diagnostic accuracy and patient outcomes across multiple clinical settings. As technology continues to evolve, the scope of ultrasound applications is expected to expand further, driving continued growth in the global ultrasound devices market.
Global Ultrasound Devices Market, Segmentation by End Use
The Global Ultrasound Devices Market has been segmented by End Use into Hospitals, Diagnostic Centers, Research Centers, and Others.
Hospitals are the largest end-users of ultrasonic scalpels, as they conduct a broad range of surgeries across multiple specialties, including general surgery, orthopedics, neurosurgery, and cardiovascular procedures. The precision, reduced tissue damage, and effective hemostasis offered by ultrasonic scalpels make them essential tools in hospitals, where patient safety and surgical outcomes are top priorities. Hospitals benefit from the reliability of ultrasonic scalpel technology, which can enhance surgical performance, reduce operation time, and facilitate faster recovery for patients. The growing number of surgical procedures performed globally, combined with advancements in surgical technology, continues to drive demand in this sector.
Diagnostic Centers are another significant end-user, although their role is more indirect in the use of ultrasonic scalpels. These centers may utilize ultrasonic devices for advanced diagnostic procedures that involve tissue sample collection or examination. The precision cutting capabilities of ultrasonic scalpels support diagnostic applications where the integrity of tissue samples is crucial for accurate analysis. Additionally, diagnostic centers that operate in conjunction with surgical facilities may also use these tools as part of pre-operative and post-operative assessment procedures, thereby contributing to market growth.
Research Centers also form an important segment within the ultrasonic scalpel market, as they use these devices for experimental procedures and clinical research. Research institutions focusing on surgical methods, tissue engineering, and medical device development often employ ultrasonic scalpels to explore new surgical techniques, test the efficacy of various approaches, and conduct advanced studies on the effects of ultrasonic energy on different tissues. The use of ultrasonic technology in research supports innovation in surgical practices, development of new medical devices, and deeper understanding of surgical wound healing and tissue behavior.
The Others category includes various specialized settings where ultrasonic scalpels may be used, such as specialized surgical centers, ambulatory surgical centers, veterinary clinics, and medical training facilities. These facilities may prefer ultrasonic scalpels for their ability to provide efficient, high-quality cutting and coagulation while maintaining a high degree of precision. The increasing adoption of minimally invasive surgical procedures and the need for advanced surgical equipment across different healthcare settings are driving demand within this segment.
Global Ultrasound Devices Market, Segmentation by Geography
In this report, the Global Ultrasound Devices Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Ultrasound Devices Market Share (%), by Geographical Region, 2024
North America holds a prominent position in the global ultrasound devices market, primarily due to the presence of well-established healthcare infrastructure, high adoption rates of advanced medical technologies, and strong R&D investments. The region also benefits from supportive government initiatives and favorable reimbursement policies, further fueling market growth.
Europe is another significant market for ultrasound devices, driven by factors such as increasing geriatric population, rising prevalence of chronic diseases, and growing demand for non-invasive diagnostic procedures. Countries like Germany, France, and the UK are major contributors to market growth in the region, owing to their advanced healthcare systems and robust regulatory frameworks.
The Asia Pacific region is witnessing rapid growth in the ultrasound devices market, attributed to factors such as expanding healthcare infrastructure, rising disposable income, and growing awareness about early disease detection. Countries like China, India, and Japan are experiencing substantial market growth due to large patient populations and increasing healthcare investments by both government and private entities.
The Middle East and Africa region is also emerging as a lucrative market for ultrasound devices, driven by improving healthcare infrastructure, increasing prevalence of chronic diseases, and rising healthcare expenditure. Countries in the Gulf Cooperation Council (GCC) region, such as Saudi Arabia and the United Arab Emirates, are witnessing significant market growth due to government initiatives aimed at enhancing healthcare services.
Latin America represents a growing market for ultrasound devices, propelled by factors such as improving access to healthcare services, rising healthcare expenditure, and increasing adoption of advanced medical technologies. Countries like Brazil and Mexico are key contributors to market growth in the region, supported by initiatives to strengthen healthcare infrastructure and expand access to medical services in remote areas.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Ultrasound Devices Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers
- Technological advancements
- Growing geriatric population
- Increasing prevalence of chronic diseases
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Rising demand for minimally invasive procedures: The global ultrasound devices market is experiencing robust growth, driven by a rising demand for minimally invasive procedures across various medical specialties. Ultrasound technology has evolved significantly, becoming an indispensable tool in diagnostics and interventions due to its non-invasive nature and real-time imaging capabilities. The increasing prevalence of chronic diseases, coupled with the aging population worldwide, has fueled the need for early detection and accurate diagnosis, further propelling the adoption of ultrasound devices.
Minimally invasive procedures, such as ultrasound-guided interventions, offer numerous benefits, including reduced risk, shorter recovery times, and lower healthcare costs compared to traditional surgical methods. Ultrasound enables physicians to visualize internal structures in real time, facilitating precise needle placement and targeted treatment delivery. This has led to a surge in the use of ultrasound for various applications, including biopsies, injections, and catheter placements, across multiple medical specialties, including oncology, cardiology, gynecology, and musculoskeletal care.
Technological advancements in ultrasound devices, such as the integration of artificial intelligence (AI) and 3D/4D imaging capabilities, have further enhanced their diagnostic accuracy and usability, driving market growth. AI-powered algorithms help in automating image analysis, improving efficiency, and reducing operator dependency. Additionally, the expanding scope of ultrasound applications beyond traditional diagnostics, such as therapeutic ultrasound for pain management and targeted drug delivery, is expected to fuel market expansion further. With ongoing research and development efforts aimed at enhancing device capabilities and expanding clinical indications, the ultrasound devices market is poised for continued growth in the coming years.
Restraints
- High cost of ultrasound devices
- Stringent regulatory requirements
- Limited reimbursement policies
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Availability of alternative imaging modalities: The global ultrasound devices market has witnessed significant growth over the past few years, driven by advancements in technology, increasing prevalence of chronic diseases, and growing demand for minimally invasive diagnostic procedures. However, one challenge facing this market is the availability of alternative imaging modalities. While ultrasound remains a versatile and widely used imaging tool, other modalities such as magnetic resonance imaging (MRI) and computed tomography (CT) offer complementary advantages in certain clinical scenarios.
MRI, for instance, provides superior soft tissue contrast and is particularly useful in imaging the brain, spinal cord, and musculoskeletal system. Similarly, CT scanning offers high-resolution images and is preferred for evaluating bony structures and detecting abnormalities in the chest and abdomen. These alternative modalities may be preferred over ultrasound in cases where detailed anatomical information or specific tissue characterization is required, despite the potential drawbacks such as higher cost and exposure to ionizing radiation.
Nevertheless, ultrasound continues to be the imaging modality of choice in various clinical settings due to its real-time imaging capability, portability, safety, and cost-effectiveness. It remains indispensable in obstetrics, cardiology, and many other fields where its non-invasive nature and ability to visualize dynamic processes are paramount. Additionally, ongoing technological advancements, such as the development of 3D and 4D ultrasound imaging, elastography, and contrast-enhanced ultrasound, further enhance its utility and expand its clinical applications. Overall, while alternative imaging modalities pose competition to the ultrasound devices market, the unique advantages of ultrasound ensure its continued relevance and growth in the medical imaging landscape.
Opportunities
- Emerging markets in Asia-Pacific
- Development of portable ultrasound devices
- Integration of AI in ultrasound
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Expansion of applications in healthcare: The global ultrasound devices market is experiencing significant expansion, driven largely by the increasing applications of ultrasound technology in healthcare. Traditionally used for imaging purposes, ultrasound devices have now found a broader spectrum of applications across various medical fields. One notable area of growth is in point-of-care ultrasound (POCUS), where portable devices allow for quick and convenient imaging at the patient's bedside. This trend is particularly beneficial in emergency medicine, intensive care units, and primary care settings, where timely diagnosis is critical.
Advancements in ultrasound technology have led to the development of more sophisticated devices capable of providing detailed imaging and functional assessments. For instance, elastography, contrast-enhanced ultrasound, and 3D/4D imaging techniques offer enhanced diagnostic capabilities in areas such as oncology, cardiology, and obstetrics. These advancements not only improve diagnostic accuracy but also enable clinicians to monitor disease progression and treatment outcomes more effectively, thus contributing to better patient care.
The growing prevalence of chronic diseases, coupled with an aging population globally, has fueled the demand for ultrasound devices. These devices play a crucial role in the early detection and management of conditions such as cardiovascular diseases, cancer, and musculoskeletal disorders. Additionally, the increasing adoption of minimally invasive procedures, where ultrasound guidance enhances precision and reduces procedural risks, has further propelled market growth. As technology continues to evolve and healthcare providers recognize the value of ultrasound in improving patient outcomes, the expansion of applications in healthcare is expected to sustain the growth momentum of the global ultrasound devices market in the coming years.
Competitive Landscape Analysis
Key players in Global Ultrasound Devices Market include:
- General Electric Company
- Siemens Healthineers AG
- Philips Healthcare
- Canon Medical Systems Corporation
- Hitachi, Ltd
- Samsung Medison Co., Ltd
- Fujifilm Holdings Corporation
- Mindray Medical International Limited
- Hologic, Inc
- Esaote SpA
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Technology
- Market Snapshot, By Portability
- Market Snapshot, By Application
- Market Snapshot, By End Use
- Market Snapshot, By Region
- Global Ultrasound Devices Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological advancements
- Growing geriatric population
- Increasing prevalence of chronic diseases
- Rising demand for minimally invasive procedures
- Restraints
- High cost of ultrasound devices
- Stringent regulatory requirements
- Limited reimbursement policies
- Availability of alternative imaging modalities
- Opportunities
- Emerging markets in Asia-Pacific
- Development of portable ultrasound devices
- Integration of AI in ultrasound
- Expansion of applications in healthcare
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Ultrasound Devices Market, By Technology, 2021 - 2031 (USD Million)
- Ultrasound Imaging
- 3D and 4D Ultrasound Imaging
- Doppler Imaging
- Color Doppler Imaging
- Continuous Doppler Imaging
- Pulse Wave Doppler Imaging
- High-intensity Focused Ultrasound
- Global Ultrasound Devices Market, By Portability, 2021 - 2031 (USD Million)
- Compact/Handheld Devices
- Cart/Trolley Devices
- Global Ultrasound Devices Market, By Application, 2021 - 2031 (USD Million)
- Anesthesiology
- Cardiology
- Gynecology/Obstetrics
- Musculoskeletal
- Radiology
- Emergency Department
- Critical Care
- Others
- Global Ultrasound Devices Market, By End User, 2021 - 2031 (USD Million)
- Hospitals
- Diagnostic Centers
- Research Centers
- Others
- Global Ultrasound Devices Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Ultrasound Devices Market, By Technology, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- General Electric Company
- Siemens Healthineers AG
- Philips Healthcare
- Canon Medical Systems Corporation
- Hitachi, Ltd
- Samsung Medison Co., Ltd
- Fujifilm Holdings Corporation
- Mindray Medical International Limited
- Hologic, Inc
- Esaote SpA
- Company Profiles
- Analyst Views
- Future Outlook of the Market