APO RESEARCH · REPORT
Ultrasound
Ultrasound is sound waves with frequencies higher than the upper audible limit of human hearing. Ultrasound is no different from 'normal' (audible) sound in its physical properties, except in that humans cannot hear it. This limit varies from person to person and is approximately 20 kilohertz (20,000 hertz) in healthy, young adults. Ultrasound devices operate with frequencies from 20 kHz up to several gigahertz.
Product & engineering
Understand the product.
Ultrasound is sound waves with frequencies higher than the upper audible limit of human hearing. Ultrasound is no different from 'normal' (audible) sound in its physical properties, except in that humans cannot hear it. This limit varies from person to person and is approximately 20 kilohertz (20,000 hertz) in healthy, young adults. Ultrasound devices operate with frequencies from 20 kHz up to several gigahertz.
Selected research
Industry Growth & Trends
Global Ultrasound Industry Growth and Trends Forecast to 2032
Market perspective
Ultrasound is sound waves with frequencies higher than the upper audible limit of human hearing. Ultrasound is no different from 'normal' (audible) sound in its physical properties, except in that humans cannot hear it. This limit varies from person to person and is approximately 20 kilohertz (20,000 hertz) in healthy, young adults. Ultrasound devices operate with frequencies from 20 kHz up to several gigahertz.
According to APO Research, the global Ultrasound market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
Report Scope
Read the full market overview
This report provides a structured, data-driven view of the global Ultrasound market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Ultrasound market size, estimates, and forecasts are presented in terms of revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Ultrasound market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Ultrasound.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading companies in the global Ultrasound market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue and gross margin data by manufacturer for 2021-2026, enabling benchmarking of scale, profitability, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Ultrasound Market by Company
GE
Siemens
Philips
Samsung Electronics
Hitachi Ltd
Fujifilm
Toshiba（CANON）
Boston Scientific
Carestream
Mindray Medical
Fukuda Denshi
SonoScape Medical
Analogic Corporation
Esaote
SIUI
Ultrasound Segment by Type
Diagnostic Ultrasound
Therapeutic Ultrasound
Ultrasound Segment by Application
General Hospital
Specialist Hospital
Medical Examination Agency
Others
Ultrasound Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Ultrasound market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Ultrasound and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Ultrasound.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2021-2025, 2026-2031). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Ultrasound companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report
More report detail
Tables and figures
Scope & coverage.
Types
- Diagnostic Ultrasound
- Therapeutic Ultrasound
Applications
- General Hospital
- Specialist Hospital
- Medical Examination Agency
- Others
Companies covered
- GE
- Siemens
- Philips
- Samsung Electronics
- Hitachi Ltd
- Fujifilm
- Toshiba（CANON）
- Boston Scientific
- Carestream
- Mindray Medical
- Fukuda Denshi
- SonoScape Medical
- Analogic Corporation
- Esaote
- SIUI
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.3 Global Ultrasound Market Size Overview by Region 2021 VS 2025 VS 2032
- 1.4 Global Ultrasound Market Size by Region (2021-2032)
- 1.4.1 Global Ultrasound Market Size by Region (2021-2026)
- 1.4.2 Global Ultrasound Market Size by Region (2027-2032)
- 1.5 Key Regions Ultrasound Market Size (2021-2032)
- 1.5.1 North America Ultrasound Market Size Growth Rate (2021-2032)
- 1.5.2 Europe Ultrasound Market Size Growth Rate (2021-2032)
- 1.5.3 Asia-Pacific Ultrasound Market Size Growth Rate (2021-2032)
- 1.5.4 South America Ultrasound Market Size Growth Rate (2021-2032)
- 1.5.5 Middle East & Africa Ultrasound Market Size Growth Rate (2021-2032)
2 Ultrasound Market by Type
- 2.1 Type Introduction
- 2.1.1 Diagnostic Ultrasound
- 2.1.2 Therapeutic Ultrasound
- 2.2 Global Ultrasound Market Size by Type
- 2.2.1 Global Ultrasound Market Size Overview by Type (2021-2032)
- 2.2.2 Global Ultrasound Historic Market Size Review by Type (2021-2026)
- 2.2.3 Global Ultrasound Market Size Forecasted by Type (2027-2032)
- 2.3 Global Ultrasound Market Size by Regions
- 2.3.1 North America Ultrasound Market Size Breakdown by Type (2021-2026)
- 2.3.2 Europe Ultrasound Market Size Breakdown by Type (2021-2026)
- 2.3.3 Asia-Pacific Ultrasound Market Size Breakdown by Type (2021-2026)
- 2.3.4 South America Ultrasound Market Size Breakdown by Type (2021-2026)
- 2.3.5 Middle East and Africa Ultrasound Market Size Breakdown by Type (2021-2026)
3 Ultrasound Market by Application
- 3.1 Type Introduction
- 3.1.1 General Hospital
- 3.1.2 Specialist Hospital
- 3.1.3 Medical Examination Agency
- 3.1.4 Others
- 3.2 Global Ultrasound Market Size by Application
- 3.2.1 Global Ultrasound Market Size Overview by Application (2021-2032)
- 3.2.2 Global Ultrasound Historic Market Size Review by Application (2021-2026)
- 3.2.3 Global Ultrasound Market Size Forecasted by Application (2027-2032)
- 3.3 Global Ultrasound Market Size by Regions
- 3.3.1 North America Ultrasound Market Size Breakdown by Application (2021-2026)
- 3.3.2 Europe Ultrasound Market Size Breakdown by Application (2021-2026)
- 3.3.3 Asia-Pacific Ultrasound Market Size Breakdown by Application (2021-2026)
- 3.3.4 South America Ultrasound Market Size Breakdown by Application (2021-2026)
- 3.3.5 Middle East and Africa Ultrasound Market Size Breakdown by Application (2021-2026)
4 Global Market Dynamics
- 4.1 Ultrasound Industry Trends
- 4.2 Ultrasound Industry Drivers
- 4.3 Ultrasound Industry Opportunities and Challenges
- 4.4 Ultrasound Industry Restraints
5 Competitive Insights by Company
- 5.1 Global Top Players by Ultrasound Revenue (2021-2026)
- 5.2 Global Ultrasound Industry Company Ranking, 2024 VS 2025 VS 2026
- 5.3 Global Ultrasound Key Company Headquarters & Area Served
- 5.4 Global Ultrasound Company, Product Type & Application
- 5.5 Global Ultrasound Company Commercialization Time
- 5.6 Market Competitive Analysis
- 5.6.1 Global Ultrasound Market CR5 and HHI
- 5.6.2 Global Top 5 and 10 Ultrasound Players Market Share by Revenue in 2025
- 5.6.3 2025 Ultrasound Tier 1, Tier 2, and Tier 3
6 Company Profiles
- 6.1 GE
- 6.1.1 GE Company Information
- 6.1.2 GE Business Overview
- 6.1.3 GE Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.1.4 GE Ultrasound Product Portfolio
- 6.1.5 GE Recent Developments
- 6.2 Siemens
- 6.2.1 Siemens Company Information
- 6.2.2 Siemens Business Overview
- 6.2.3 Siemens Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.2.4 Siemens Ultrasound Product Portfolio
- 6.2.5 Siemens Recent Developments
- 6.3 Philips
- 6.3.1 Philips Company Information
- 6.3.2 Philips Business Overview
- 6.3.3 Philips Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.3.4 Philips Ultrasound Product Portfolio
- 6.3.5 Philips Recent Developments
- 6.4 Samsung Electronics
- 6.4.1 Samsung Electronics Company Information
- 6.4.2 Samsung Electronics Business Overview
- 6.4.3 Samsung Electronics Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.4.4 Samsung Electronics Ultrasound Product Portfolio
- 6.4.5 Samsung Electronics Recent Developments
- 6.5 Hitachi Ltd
- 6.5.1 Hitachi Ltd Company Information
- 6.5.2 Hitachi Ltd Business Overview
- 6.5.3 Hitachi Ltd Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.5.4 Hitachi Ltd Ultrasound Product Portfolio
- 6.5.5 Hitachi Ltd Recent Developments
- 6.6 Fujifilm
- 6.6.1 Fujifilm Company Information
- 6.6.2 Fujifilm Business Overview
- 6.6.3 Fujifilm Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.6.4 Fujifilm Ultrasound Product Portfolio
- 6.6.5 Fujifilm Recent Developments
- 6.7 Toshiba（CANON）
- 6.7.1 Toshiba（CANON） Company Information
- 6.7.2 Toshiba（CANON） Business Overview
- 6.7.3 Toshiba（CANON） Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.7.4 Toshiba（CANON） Ultrasound Product Portfolio
- 6.7.5 Toshiba（CANON） Recent Developments
- 6.8 Boston Scientific
- 6.8.1 Boston Scientific Company Information
- 6.8.2 Boston Scientific Business Overview
- 6.8.3 Boston Scientific Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.8.4 Boston Scientific Ultrasound Product Portfolio
- 6.8.5 Boston Scientific Recent Developments
- 6.9 Carestream
- 6.9.1 Carestream Company Information
- 6.9.2 Carestream Business Overview
- 6.9.3 Carestream Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.9.4 Carestream Ultrasound Product Portfolio
- 6.9.5 Carestream Recent Developments
- 6.10 Mindray Medical
- 6.10.1 Mindray Medical Company Information
- 6.10.2 Mindray Medical Business Overview
- 6.10.3 Mindray Medical Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.10.4 Mindray Medical Ultrasound Product Portfolio
- 6.10.5 Mindray Medical Recent Developments
- 6.11 Fukuda Denshi
- 6.11.1 Fukuda Denshi Company Information
- 6.11.2 Fukuda Denshi Business Overview
- 6.11.3 Fukuda Denshi Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.11.4 Fukuda Denshi Ultrasound Product Portfolio
- 6.11.5 Fukuda Denshi Recent Developments
- 6.12 SonoScape Medical
- 6.12.1 SonoScape Medical Company Information
- 6.12.2 SonoScape Medical Business Overview
- 6.12.3 SonoScape Medical Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.12.4 SonoScape Medical Ultrasound Product Portfolio
- 6.12.5 SonoScape Medical Recent Developments
- 6.13 Analogic Corporation
- 6.13.1 Analogic Corporation Company Information
- 6.13.2 Analogic Corporation Business Overview
- 6.13.3 Analogic Corporation Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.13.4 Analogic Corporation Ultrasound Product Portfolio
- 6.13.5 Analogic Corporation Recent Developments
- 6.14 Esaote
- 6.14.1 Esaote Company Information
- 6.14.2 Esaote Business Overview
- 6.14.3 Esaote Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.14.4 Esaote Ultrasound Product Portfolio
- 6.14.5 Esaote Recent Developments
- 6.15 SIUI
- 6.15.1 SIUI Company Information
- 6.15.2 SIUI Business Overview
- 6.15.3 SIUI Ultrasound Revenue, Global Share and Gross Margin (2021-2026)
- 6.15.4 SIUI Ultrasound Product Portfolio
- 6.15.5 SIUI Recent Developments
7 North America
- 7.1 North America Ultrasound Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2 North America Ultrasound Market Size by Country (2021-2026)
- 7.3 North America Ultrasound Market Size Forecast by Country (2027-2032)
8 Europe
- 8.1 Europe Ultrasound Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2 Europe Ultrasound Market Size by Country (2021-2026)
- 8.3 Europe Ultrasound Market Size Forecast by Country (2027-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Ultrasound Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2 Asia-Pacific Ultrasound Market Size by Country (2021-2026)
- 9.3 Asia-Pacific Ultrasound Market Size Forecast by Country (2027-2032)
10 South America
- 10.1 South America Ultrasound Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2 South America Ultrasound Market Size by Country (2021-2026)
- 10.3 South America Ultrasound Market Size Forecast by Country (2027-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Ultrasound Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2 Middle East & Africa Ultrasound Market Size by Country (2021-2026)
- 11.3 Middle East & Africa Ultrasound Market Size Forecast by Country (2027-2032)
12 Concluding Insights
13 Appendix
- 13.1 Reasons for Doing This Study
- 13.2 Research Methodology
- 13.3 Research Process
- 13.4 Authors List of This Report
- 13.5 Data Source
- 13.5.1 Secondary Sources
- 13.5.2 Primary Sources
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