Ultrasound Transducer Market Size, Share, Growth Analysis, By Product(Linear, Convex, Phased Array, Endocavitary), By Application(Cardiovascular, General Imaging, Musculoskeletal, OB/GYN), By End-Use(Hospital, Clinics, Diagnostic center, Ambulatory Surgery Centers (ASCs)), By Region(North America, Europe, Asia Pacific) - Industry Forecast 2025-2032

Ultrasound Transducer Market Insights

Market Overview:

By the end of 2026, the market for ultrasonic transducers is projected to have grown at a CAGR of 3.6% from its 2018 value of USD 3.2 billion. One of the main drivers of the expansion is the increasing use of ultrasonic equipment for diagnostic imaging of various ailments, as well as the development of more advanced transducers.

Ultrasound Transducer Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028

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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The Ultrasound Transducer Market is segmented by Product, Application, End-Use, Region. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

Ultrasound Transducer Market Basis Point Share Analysis, 2021 Vs. 2028

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Based on Product the market is segmented as, Linear, Convex, Phased Array, Endocavitary, CW Doppler, Others
Based on Application the market is segmented as, Cardiovascular, General Imaging, Musculoskeletal, OB/GYN, Vascular, Others
Based on End-Use the market is segmented as, Hospital, Clinics, Diagnostic center, Ambulatory Surgery Centers (ASCs)
Based on Region the market is segmented as, North America, Europe, Asia Pacific

Regional Analysis:

Ultrasound Transducer Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

Ultrasound Transducer Market Attractiveness Analysis, By Region 2020-2028

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Ultrasound Transducer Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Ultrasound Transducer Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Ultrasound Transducer Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key Ultrasound Transducer Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Ultrasound Transducer Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

are focusing on the development of high-powered, handheld, single-use ultrasound transducers. Moreover, companies are launching ultrasound devices incorporated with the advanced transducer. These advanced products are specially designed for various applications including vascular and muscular-skeletal. Introduction of novel devices such as EPIQ Elite ultrasound system, SiliconWave L38-22 linear array transducer, and mi-ultra with both linear & convex offering is anticipated to boost the market during the forecast period.
Increasing the use of ultrasound machines owing to its high efficiency and safety is expected to drive the market. These devices offer accurate diagnosis and real-time data to the physicians for better diagnosis. Owing to these advantages, the demand for these systems is expected to be on a steep rise during the forecast period.
Product Type Insights
Convex segment leads the ultrasound transducers market owing to the high efficiency of the product. It offers a wider footprint as compared to linear-array configuration and focuses view on the deep part of the targeted region. It also displays a clearer picture with highly improved reliability. These factors are anticipated to fuel the demand for a convex scanning transducer.
Convex transducers are also known as curved transducer since the arrangement of piezoelectric crystal is curvy (rounded). The beam shape is ideal for in-depth investigation. They are widely used for the diagnosis of abdominal, transvaginal, and transrectal conditions.
The linear segment is expected to grow at a significant pace during the forecast period. This transducer is ideal for imaging external structures & vessels and hence are also known as vascular probes. The shape of the beam is rectangular along with high-quality near-field resolution. The footprint, frequency, and application depend on 2D or 3D imaging. 2D imaging linear transducer is widely used for vascular examinations, venipuncture, blood vessel visualization, and intraoperative procedures. 3D imaging linear transducers are used in imaging of thyroid, breast, and arteria carotis.
Application Insights
The general imaging segment accounted for the largest market share in 2018 owing to the high demand for radiation-free and non-invasive diagnostic modalities. The usage of ultrasound is becoming prominent for general imaging as it helps in capturing effective images of soft tissue.
The cardiovascular segment is expected to showcase the fastest growth owing to a rise in demand for accurate diagnostic options, the introduction of specially designed products, rising prevalence of heart conditions, and growing awareness among individuals regarding timely treatment.
Others (urology, transrectal) segment is expected to capture significant market share in the forecast period owing to the high demand for ultrasound devices in diagnostic as well as surgical procedures. Recently, a study found that ultrasound can be used to assess the risks of deep vein thrombosis (DVT) after ablation procedures. Applications of ultrasound are expected to expand significantly during the forecast period
End-Use Insights
Hospital segment is anticipated to lead the market in the next seven years owing to the high adoption of ultrasound systems as the primary imaging option. The availability of portable ultrasound systems and usage of this modality in each department is anticipated to boost the demand for ultrasound transducers.
The rising number of healthcare facilities in the emerging economies is one of the major demand drivers of the ultrasound transducers. An increasing number of skilled professionals in hospitals and growing awareness regarding innovative devices are few other driving factors affecting the segment growth.
The clinic segment is expected to grow considerably during the forecast period owing to the increasing number of professionals and a growing number of clinics in both developing and developed economies. The availability of affordable ultrasound systems which can be used in small clinic settings is expected to play an important role in segment growth.
Regional Insights
North America is anticipated to lead the market owing to the high adoption of ultrasound modality in general diagnostics and the rising prevalence of lifestyle-associated chronic diseases. Also, high demand for technologically advanced medical devices is expected to propel the market growth in the region.
The Asia Pacific is anticipated to grow significantly in the forthcoming years owing to the rapidly growing geriatric population, improving healthcare facilities for treating heart disorders, and growing healthcare expenditure. Blooming medical tourism in Asia Pacific economies is also expected to fuel the ultrasound transducer market in the region.
Prospering medical tourism in developing countries such as India, Thailand, Brazil, Mexico, and the Philippines is boosting the demand for world-class healthcare services. This is expected to fuel the number of imported ultrasound devices in these countries. Major market players are strategizing to increase their presence in these regions and offer products at competitive prices.
Ultrasound Transducer Market Share Insights
The major players profiled in the market comprise GE Healthcare, Koninklijke Philips N.V., Siemens, FUJIFILM SonoSite, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, Shenzhen Ruqi Technology, SonoScape Medical, and Shenzhen Jiarui Electronic Technology.
These players are focusing on adopting various growth strategies such as new product launches, innovations in the existing products, and mergers and acquisitions for the introduction of more efficient medical diagnostic devices and strengthening their market presence. Lately, Philips acquired Shanghai Apex Electronics Technology (Apex), a China-based manufacturer of ultrasound transducers for an undisclosed fee. The acquisition aims at strengthening Philip’s portfolio of manufacturing transducers that are essential for determining the image quality of these systems.
KEY MARKET SEGMENTS
By Product
Linear
Convex
Phased Array
Endocavitary
CW Doppler
Others
By Application
Cardiovascular
General Imaging
Musculoskeletal
OB/GYN
Vascular
Others
By End-Use
Hospital
Clinics
Diagnostic center
Ambulatory Surgery Centers (ASCs)
By Region
North America
Europe
Asia Pacific
Middle East & Africa
KEY PLAYERS
E Healthcare
Koninklijke Philips N.V.
Siemens
FUJIFILM SonoSite
Samsung Medison
Hitachi
Esaote
Mindray
SIUI
Shenzhen Ruqi Technology
SonoScape Medical
Shenzhen Jiarui Electronic Technology

SkyQuest's Expertise:

The Ultrasound Transducer Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute	Details
The base year for estimation	2021
Historical data	2016 – 2022
Forecast period	2022 – 2028
Report coverage	Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered	By Product - Linear, Convex, Phased Array, Endocavitary, CW Doppler, Others By Application - Cardiovascular, General Imaging, Musculoskeletal, OB/GYN, Vascular, Others By End-Use - Hospital, Clinics, Diagnostic center, Ambulatory Surgery Centers (ASCs) By Region - North America, Europe, Asia Pacific
Regional scope	North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope	U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled	are focusing on the development of high-powered, handheld, single-use ultrasound transducers. Moreover, companies are launching ultrasound devices incorporated with the advanced transducer. These advanced products are specially designed for various applications including vascular and muscular-skeletal. Introduction of novel devices such as EPIQ Elite ultrasound system, SiliconWave L38-22 linear array transducer, and mi-ultra with both linear & convex offering is anticipated to boost the market during the forecast period. Increasing the use of ultrasound machines owing to its high efficiency and safety is expected to drive the market. These devices offer accurate diagnosis and real-time data to the physicians for better diagnosis. Owing to these advantages, the demand for these systems is expected to be on a steep rise during the forecast period. Product Type Insights Convex segment leads the ultrasound transducers market owing to the high efficiency of the product. It offers a wider footprint as compared to linear-array configuration and focuses view on the deep part of the targeted region. It also displays a clearer picture with highly improved reliability. These factors are anticipated to fuel the demand for a convex scanning transducer. Convex transducers are also known as curved transducer since the arrangement of piezoelectric crystal is curvy (rounded). The beam shape is ideal for in-depth investigation. They are widely used for the diagnosis of abdominal, transvaginal, and transrectal conditions. The linear segment is expected to grow at a significant pace during the forecast period. This transducer is ideal for imaging external structures & vessels and hence are also known as vascular probes. The shape of the beam is rectangular along with high-quality near-field resolution. The footprint, frequency, and application depend on 2D or 3D imaging. 2D imaging linear transducer is widely used for vascular examinations, venipuncture, blood vessel visualization, and intraoperative procedures. 3D imaging linear transducers are used in imaging of thyroid, breast, and arteria carotis. Application Insights The general imaging segment accounted for the largest market share in 2018 owing to the high demand for radiation-free and non-invasive diagnostic modalities. The usage of ultrasound is becoming prominent for general imaging as it helps in capturing effective images of soft tissue. The cardiovascular segment is expected to showcase the fastest growth owing to a rise in demand for accurate diagnostic options, the introduction of specially designed products, rising prevalence of heart conditions, and growing awareness among individuals regarding timely treatment. Others (urology, transrectal) segment is expected to capture significant market share in the forecast period owing to the high demand for ultrasound devices in diagnostic as well as surgical procedures. Recently, a study found that ultrasound can be used to assess the risks of deep vein thrombosis (DVT) after ablation procedures. Applications of ultrasound are expected to expand significantly during the forecast period End-Use Insights Hospital segment is anticipated to lead the market in the next seven years owing to the high adoption of ultrasound systems as the primary imaging option. The availability of portable ultrasound systems and usage of this modality in each department is anticipated to boost the demand for ultrasound transducers. The rising number of healthcare facilities in the emerging economies is one of the major demand drivers of the ultrasound transducers. An increasing number of skilled professionals in hospitals and growing awareness regarding innovative devices are few other driving factors affecting the segment growth. The clinic segment is expected to grow considerably during the forecast period owing to the increasing number of professionals and a growing number of clinics in both developing and developed economies. The availability of affordable ultrasound systems which can be used in small clinic settings is expected to play an important role in segment growth. Regional Insights North America is anticipated to lead the market owing to the high adoption of ultrasound modality in general diagnostics and the rising prevalence of lifestyle-associated chronic diseases. Also, high demand for technologically advanced medical devices is expected to propel the market growth in the region. The Asia Pacific is anticipated to grow significantly in the forthcoming years owing to the rapidly growing geriatric population, improving healthcare facilities for treating heart disorders, and growing healthcare expenditure. Blooming medical tourism in Asia Pacific economies is also expected to fuel the ultrasound transducer market in the region. Prospering medical tourism in developing countries such as India, Thailand, Brazil, Mexico, and the Philippines is boosting the demand for world-class healthcare services. This is expected to fuel the number of imported ultrasound devices in these countries. Major market players are strategizing to increase their presence in these regions and offer products at competitive prices. Ultrasound Transducer Market Share Insights The major players profiled in the market comprise GE Healthcare, Koninklijke Philips N.V., Siemens, FUJIFILM SonoSite, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, Shenzhen Ruqi Technology, SonoScape Medical, and Shenzhen Jiarui Electronic Technology. These players are focusing on adopting various growth strategies such as new product launches, innovations in the existing products, and mergers and acquisitions for the introduction of more efficient medical diagnostic devices and strengthening their market presence. Lately, Philips acquired Shanghai Apex Electronics Technology (Apex), a China-based manufacturer of ultrasound transducers for an undisclosed fee. The acquisition aims at strengthening Philip’s portfolio of manufacturing transducers that are essential for determining the image quality of these systems. KEY MARKET SEGMENTS By Product Linear Convex Phased Array Endocavitary CW Doppler Others By Application Cardiovascular General Imaging Musculoskeletal OB/GYN Vascular Others By End-Use Hospital Clinics Diagnostic center Ambulatory Surgery Centers (ASCs) By Region North America Europe Asia Pacific Middle East & Africa KEY PLAYERS E Healthcare Koninklijke Philips N.V. Siemens FUJIFILM SonoSite Samsung Medison Hitachi Esaote Mindray SIUI Shenzhen Ruqi Technology SonoScape Medical Shenzhen Jiarui Electronic Technology
Customization scope	Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

Market Estimation for 20+ Countries
Historical data coverage: 2016 to 2022
Growth projections: 2022 to 2028
SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures, 10+ matrix
Global and Country Market Trends
Comprehensive Mapping of Industry Parameters
Attractive Investment Proposition
Competitive Strategies Adopted by Leading Market Participants
Market drivers, restraints, opportunities, and its impact on the market
Regulatory scenario, regional dynamics, and insights of leading countries in each region
Segment trends analysis, opportunity, and growth
Opportunity analysis by region and country
Porter's five force analysis to know the market's condition
Pricing analysis
Parent market analysis
Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

Exhibit: Executive Summary – Chart on Market Overview
Exhibit: Executive Summary – Data Table on Market Overview
Exhibit: Executive Summary – Chart on Ultrasound Transducer Market Characteristics
Exhibit: Executive Summary – Chart on Market by Geography
Exhibit: Executive Summary – Chart on Market Segmentation
Exhibit: Executive Summary – Chart on Incremental Growth
Exhibit: Executive Summary – Data Table on Incremental Growth
Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
  - Drivers
  - Opportunities
  - Restraints
  - Challenges
SWOT Analysis

KEY MARKET INSIGHTS

Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
Macroeconomic Indicators

COVID IMPACT

Introduction
Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
Revised Market Size
- Exhibit: Data Table on Ultrasound Transducer Market size and forecast 2021-2027 ($ million)
Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
  - Drivers
  - Opportunities
  - Restraints
  - Challenges
Regulatory Landscape
- Exhibit: Data Table on regulation from different region
SWOT Analysis
Porters Analysis
- Competitive rivalry
  - Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
  - Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
  - Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
  - Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
  - Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Market Size by Region

Chart on Market share by geography 2021-2027 (%)
Data Table on Market share by geography 2021-2027(%)
North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- France
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- India
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

Competitive Landscape
- Total number of companies covered
  - Exhibit: companies covered in the report, 2021
- Top companies market positioning
  - Exhibit: company positioning matrix, 2021
- Top companies market Share
  - Exhibit: Pie chart analysis on company market share, 2021(%)
are focusing on the development of high-powered, handheld, single-use ultrasound transducers. Moreover, companies are launching ultrasound devices incorporated with the advanced transducer. These advanced products are specially designed for various applications including vascular and muscular-skeletal. Introduction of novel devices such as EPIQ Elite ultrasound system, SiliconWave L38-22 linear array transducer, and mi-ultra with both linear & convex offering is anticipated to boost the market during the forecast period.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Increasing the use of ultrasound machines owing to its high efficiency and safety is expected to drive the market. These devices offer accurate diagnosis and real-time data to the physicians for better diagnosis. Owing to these advantages, the demand for these systems is expected to be on a steep rise during the forecast period.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Product Type Insights
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Convex segment leads the ultrasound transducers market owing to the high efficiency of the product. It offers a wider footprint as compared to linear-array configuration and focuses view on the deep part of the targeted region. It also displays a clearer picture with highly improved reliability. These factors are anticipated to fuel the demand for a convex scanning transducer.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Convex transducers are also known as curved transducer since the arrangement of piezoelectric crystal is curvy (rounded). The beam shape is ideal for in-depth investigation. They are widely used for the diagnosis of abdominal, transvaginal, and transrectal conditions.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
The linear segment is expected to grow at a significant pace during the forecast period. This transducer is ideal for imaging external structures & vessels and hence are also known as vascular probes. The shape of the beam is rectangular along with high-quality near-field resolution. The footprint, frequency, and application depend on 2D or 3D imaging. 2D imaging linear transducer is widely used for vascular examinations, venipuncture, blood vessel visualization, and intraoperative procedures. 3D imaging linear transducers are used in imaging of thyroid, breast, and arteria carotis.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Application Insights
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
The general imaging segment accounted for the largest market share in 2018 owing to the high demand for radiation-free and non-invasive diagnostic modalities. The usage of ultrasound is becoming prominent for general imaging as it helps in capturing effective images of soft tissue.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
The cardiovascular segment is expected to showcase the fastest growth owing to a rise in demand for accurate diagnostic options, the introduction of specially designed products, rising prevalence of heart conditions, and growing awareness among individuals regarding timely treatment.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Others (urology, transrectal) segment is expected to capture significant market share in the forecast period owing to the high demand for ultrasound devices in diagnostic as well as surgical procedures. Recently, a study found that ultrasound can be used to assess the risks of deep vein thrombosis (DVT) after ablation procedures. Applications of ultrasound are expected to expand significantly during the forecast period
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
End-Use Insights
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Hospital segment is anticipated to lead the market in the next seven years owing to the high adoption of ultrasound systems as the primary imaging option. The availability of portable ultrasound systems and usage of this modality in each department is anticipated to boost the demand for ultrasound transducers.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
The rising number of healthcare facilities in the emerging economies is one of the major demand drivers of the ultrasound transducers. An increasing number of skilled professionals in hospitals and growing awareness regarding innovative devices are few other driving factors affecting the segment growth.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
The clinic segment is expected to grow considerably during the forecast period owing to the increasing number of professionals and a growing number of clinics in both developing and developed economies. The availability of affordable ultrasound systems which can be used in small clinic settings is expected to play an important role in segment growth.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Regional Insights
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
North America is anticipated to lead the market owing to the high adoption of ultrasound modality in general diagnostics and the rising prevalence of lifestyle-associated chronic diseases. Also, high demand for technologically advanced medical devices is expected to propel the market growth in the region.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
The Asia Pacific is anticipated to grow significantly in the forthcoming years owing to the rapidly growing geriatric population, improving healthcare facilities for treating heart disorders, and growing healthcare expenditure. Blooming medical tourism in Asia Pacific economies is also expected to fuel the ultrasound transducer market in the region.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Prospering medical tourism in developing countries such as India, Thailand, Brazil, Mexico, and the Philippines is boosting the demand for world-class healthcare services. This is expected to fuel the number of imported ultrasound devices in these countries. Major market players are strategizing to increase their presence in these regions and offer products at competitive prices.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Ultrasound Transducer Market Share Insights
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
The major players profiled in the market comprise GE Healthcare, Koninklijke Philips N.V., Siemens, FUJIFILM SonoSite, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, Shenzhen Ruqi Technology, SonoScape Medical, and Shenzhen Jiarui Electronic Technology.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
These players are focusing on adopting various growth strategies such as new product launches, innovations in the existing products, and mergers and acquisitions for the introduction of more efficient medical diagnostic devices and strengthening their market presence. Lately, Philips acquired Shanghai Apex Electronics Technology (Apex), a China-based manufacturer of ultrasound transducers for an undisclosed fee. The acquisition aims at strengthening Philip’s portfolio of manufacturing transducers that are essential for determining the image quality of these systems.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
KEY MARKET SEGMENTS
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
By Product
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Linear
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Convex
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Phased Array
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Endocavitary
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
CW Doppler
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Others
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
By Application
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Cardiovascular
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
General Imaging
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Musculoskeletal
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
OB/GYN
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Vascular
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Others
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
By End-Use
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Hospital
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Clinics
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Diagnostic center
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Ambulatory Surgery Centers (ASCs)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
By Region
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
North America
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Europe
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Asia Pacific
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Middle East & Africa
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
KEY PLAYERS
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
E Healthcare
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Koninklijke Philips N.V.
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Siemens
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
FUJIFILM SonoSite
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Samsung Medison
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Hitachi
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Esaote
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Mindray
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
SIUI
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Shenzhen Ruqi Technology
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
SonoScape Medical
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
Shenzhen Jiarui Electronic Technology
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments

Methodology

For the Ultrasound Transducer Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Ultrasound Transducer Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Ultrasound Transducer Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Ultrasound Transducer Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

Ultrasound Transducer Market Report Snapshots

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FAQs

The market for Ultrasound Transducer was estimated to be valued at US$ XX Mn in 2021.

The Ultrasound Transducer Market is estimated to grow at a CAGR of XX% by 2028.

The Ultrasound Transducer Market is segmented on the basis of Product, Application, End-Use, Region.

Based on region, the Ultrasound Transducer Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Ultrasound Transducer Market are are focusing on the development of high-powered, handheld, single-use ultrasound transducers. Moreover, companies are launching ultrasound devices incorporated with the advanced transducer. These advanced products are specially designed for various applications including vascular and muscular-skeletal. Introduction of novel devices such as EPIQ Elite ultrasound system, SiliconWave L38-22 linear array transducer, and mi-ultra with both linear & convex offering is anticipated to boost the market during the forecast period., Increasing the use of ultrasound machines owing to its high efficiency and safety is expected to drive the market. These devices offer accurate diagnosis and real-time data to the physicians for better diagnosis. Owing to these advantages, the demand for these systems is expected to be on a steep rise during the forecast period., Product Type Insights, Convex segment leads the ultrasound transducers market owing to the high efficiency of the product. It offers a wider footprint as compared to linear-array configuration and focuses view on the deep part of the targeted region. It also displays a clearer picture with highly improved reliability. These factors are anticipated to fuel the demand for a convex scanning transducer., Convex transducers are also known as curved transducer since the arrangement of piezoelectric crystal is curvy (rounded). The beam shape is ideal for in-depth investigation. They are widely used for the diagnosis of abdominal, transvaginal, and transrectal conditions., The linear segment is expected to grow at a significant pace during the forecast period. This transducer is ideal for imaging external structures & vessels and hence are also known as vascular probes. The shape of the beam is rectangular along with high-quality near-field resolution. The footprint, frequency, and application depend on 2D or 3D imaging. 2D imaging linear transducer is widely used for vascular examinations, venipuncture, blood vessel visualization, and intraoperative procedures. 3D imaging linear transducers are used in imaging of thyroid, breast, and arteria carotis., Application Insights, The general imaging segment accounted for the largest market share in 2018 owing to the high demand for radiation-free and non-invasive diagnostic modalities. The usage of ultrasound is becoming prominent for general imaging as it helps in capturing effective images of soft tissue., The cardiovascular segment is expected to showcase the fastest growth owing to a rise in demand for accurate diagnostic options, the introduction of specially designed products, rising prevalence of heart conditions, and growing awareness among individuals regarding timely treatment., Others (urology, transrectal) segment is expected to capture significant market share in the forecast period owing to the high demand for ultrasound devices in diagnostic as well as surgical procedures. Recently, a study found that ultrasound can be used to assess the risks of deep vein thrombosis (DVT) after ablation procedures. Applications of ultrasound are expected to expand significantly during the forecast period, End-Use Insights, Hospital segment is anticipated to lead the market in the next seven years owing to the high adoption of ultrasound systems as the primary imaging option. The availability of portable ultrasound systems and usage of this modality in each department is anticipated to boost the demand for ultrasound transducers., The rising number of healthcare facilities in the emerging economies is one of the major demand drivers of the ultrasound transducers. An increasing number of skilled professionals in hospitals and growing awareness regarding innovative devices are few other driving factors affecting the segment growth., The clinic segment is expected to grow considerably during the forecast period owing to the increasing number of professionals and a growing number of clinics in both developing and developed economies. The availability of affordable ultrasound systems which can be used in small clinic settings is expected to play an important role in segment growth., Regional Insights, North America is anticipated to lead the market owing to the high adoption of ultrasound modality in general diagnostics and the rising prevalence of lifestyle-associated chronic diseases. Also, high demand for technologically advanced medical devices is expected to propel the market growth in the region., The Asia Pacific is anticipated to grow significantly in the forthcoming years owing to the rapidly growing geriatric population, improving healthcare facilities for treating heart disorders, and growing healthcare expenditure. Blooming medical tourism in Asia Pacific economies is also expected to fuel the ultrasound transducer market in the region., Prospering medical tourism in developing countries such as India, Thailand, Brazil, Mexico, and the Philippines is boosting the demand for world-class healthcare services. This is expected to fuel the number of imported ultrasound devices in these countries. Major market players are strategizing to increase their presence in these regions and offer products at competitive prices., Ultrasound Transducer Market Share Insights, The major players profiled in the market comprise GE Healthcare, Koninklijke Philips N.V., Siemens, FUJIFILM SonoSite, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, Shenzhen Ruqi Technology, SonoScape Medical, and Shenzhen Jiarui Electronic Technology., These players are focusing on adopting various growth strategies such as new product launches, innovations in the existing products, and mergers and acquisitions for the introduction of more efficient medical diagnostic devices and strengthening their market presence. Lately, Philips acquired Shanghai Apex Electronics Technology (Apex), a China-based manufacturer of ultrasound transducers for an undisclosed fee. The acquisition aims at strengthening Philip’s portfolio of manufacturing transducers that are essential for determining the image quality of these systems., KEY MARKET SEGMENTS, By Product, Linear, Convex, Phased Array, Endocavitary, CW Doppler, Others, By Application, Cardiovascular, General Imaging, Musculoskeletal, OB/GYN, Vascular, Others, By End-Use, Hospital, Clinics, Diagnostic center, Ambulatory Surgery Centers (ASCs), By Region, North America, Europe, Asia Pacific, Middle East & Africa, KEY PLAYERS, E Healthcare, Koninklijke Philips N.V., Siemens, FUJIFILM SonoSite, Samsung Medison, Hitachi, Esaote, Mindray, SIUI, Shenzhen Ruqi Technology, SonoScape Medical, Shenzhen Jiarui Electronic Technology.

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Ultrasound Transducer Market

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