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Ultrasound Probes Market Share

Report ID: GMI9212
Published Date: Apr 2024
Report Format: PDF

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Ultrasound Probes Market Share

The ultrasound probes sector is competitive in nature, with a mix of major global and smaller to medium-sized companies competing for market share. A pivotal aspect of market strategy involves the continual introduction of innovative products leveraging diverse technologies. Notably, prominent industry players command significant influence in this dynamic landscape, often driving forward advancements through substantial investments in research and development. Additionally, strategic alliances, acquisitions, and mergers are instrumental in fortifying market positions and expanding global footprint amidst evolving regulatory landscapes.

Ultrasound Probes Market Companies

Some of the eminent market participants operating in the ultrasound probes industry include:

Canon Inc.
Esaote SPA
Fujifilm Holdings Corporation
GE HealthCare Technologies Inc.
Hitachi, Ltd.
Koninklijke Philips NV
Mindray Bio-Medical Electronics Co., Ltd.
Samsung Electronics Co., Ltd.
Siemens Healthineers AG
SonoScape Medical Corp
Terason Division Teratech Corporation

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of ultrasound probes reached USD 3.7 billion in 2023 and is set to witness 3.7% CAGR from 2024 to 2032, led by the increasing prevalence of chronic diseases, such as cardiovascular diseases, diabetes, cancer, and respiratory disorders.

The general imaging segment recorded USD 1 billion in 2023, owing to a wide range of medical conditions and diagnostic needs, making it a versatile and indispensable tool for healthcare providers.

North America accounted for 40.8% of the market share in 2023, fueled by the rising incidence of chronic ailments, such as cancer cardiovascular diseases, and diabetes.

Canon Inc., Esaote SPA, Fujifilm Holdings Corporation, GE HealthCare Technologies Inc., Hitachi, Ltd., Koninklijke Philips NV, Mindray Bio-Medical Electronics Co., Ltd., Samsung Electronics Co., Ltd., Siemens Healthineers AG, SonoScape Medical Corp and Terason Division Teratech Corporation.