Ultrasound Transducer Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Ultrasound Transducer Market Share and It is Segmented by Product (Convex, Linear, Endo Cavitary, Phased Array, CW Doppler, and Others), by Application (Musculoskeletal, Cardiovascular, Obstetrics and Gynecology, General Imaging, and Others), End User (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, and Others) and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South America). The Market Size and Forecasts are Provided in Terms of Value (in USD Million) for the Above Segments.

Ultrasound Transducer Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Ultrasound Transducer Market Size

Ultrasound Transducer Market (2024 - 2029)
Study Period 2021 - 2030
Base Year For Estimation 2024
Market Size (2025) USD 4.18 Billion
Market Size (2030) USD 5.05 Billion
CAGR (2025 - 2030) 3.83 %
Fastest Growing Market Asia-Pacific
Largest Market North America

Major Players

Ultrasound Transducer Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Ultrasound Transducer Market Analysis

The Ultrasound Transducer Market size is estimated at USD 4.18 billion in 2025, and is expected to reach USD 5.05 billion by 2030, at a CAGR of 3.83% during the forecast period (2025-2030).

The COVID-19 pandemic has significantly impacted the Ultrasound Transducer Market. According to an October 2021 published article in Current Opinion in Anaesthesiology, ultrasound machines, transducers, and coupling gels can serve as vectors for the transmission of pathogens. Ultrasound is a front-line diagnostic and monitoring tool for patients with COVID-19. In COVID-19 patients, Portable Ultrasound Transducers can be used for transthoracic echocardiography, and ultrasound-guided thoracentesis and vascular access. For instance, according to the study published in Frontiers in Big Data, in March 2021, growing evidence around the world is showing that lung ultrasound examination can detect manifestations of COVID-19 infection. Such studies have driven market growth during the pandemic. Moreover, standardized strategies were recommended to minimize the risk of the spread of COVID-19 to patients and healthcare providers, which is in turn expected to boost the market's growth to pre-pandemic levels.

The major factors contributing to the growth of the Medical Ultrasonic Transducer Market are the rising demand for minimally invasive therapies and the increasing prevalence of cardiovascular, respiratory, and abdominal disorders. According to a research study by Karoline Freeman et al., published in BMC Gastroenterology Journal March 2021, globally, the incidence of inflammatory bowel disease (IBD) was found to be 69.5 per 100,000 population. In addition, according to the study published in BMC Medicine in February 2022, meal-related stomach pain is common all over the world, and it's linked to other Gastrointestinal (GI) and non-GI physical symptoms, psychological distress, healthcare use, and a lower quality of life. People who have frequent meal-related stomach pain are more likely to meet the diagnostic criteria for disorders of gut-brain interaction (DGBI). Such rise in abdominal conditions will lead to adoption of ultrasound, including Transrectal Ultrasound, for the diagnosis of abdominal conditions, driving the market growth due to higher adoption of ultrasound transducers.

Moreover, the rising demand for minimally invasive therapies is another major factor driving the market growth. According to the study published in IEEE Transactions on Medical Imaging in April 2021, ultrasound imaging is predicted to take the role of X-ray fluoroscopy as the gold standard in minimally invasive spinal surgery. Researchers are working to develop Ultrasonic Linear Probes for navigation, taking advantage of their unique characteristics of being user-friendly and radiation-free. Such applications of Ultrasonic Linear Probes in minimally invasive surgeries replacing the harmful X-ray fluoroscopy will therefore lead to higher adoption driving the market growth.

Minimally invasive approaches, including ultrasound-guided techniques, are being used significantly. Thus, several market players are launching products, boosting the Ultrasound Probe Market's growth. For instance, in December 2021, Philips introduced cardiac ultrasound solutions for a fully integrated echocardiography experience, bringing together new Ultrasound Probe technology, artificial intelligence (AI)-driven automated measurements, and remote access at EuroEcho 2021. Additionally, in March 2021, Fujifilm Sonosite PX launched a new family of Linear Ultrasound Transducers, including the L19-5, Sonosite's highest frequency transducer ever, with well-defined near-field resolution and a scan depth of 1 cm. The L19-5 transducer has a tiny footprint of 20 mm, making it appropriate for superficial scans including vascular access, pediatrics, and musculoskeletal assessments. Such launches will also boost the market growth due to the availability of the products in the market, therefore, leading to a rise in adoption. Such factors altogether are anticipated to drive the market's growth over the forecast period.

However, the market's growth is hampered by stringent regulations and a scarcity of skilled labor to operate the advanced equipment.

Ultrasound Transducer Industry Overview

The Ultrasound Transducer Market is moderately competitive, with several major players striving to strengthen their position in the Ultrasound Equipment Market. Some companies currently dominating the market are Koninklijke Philips N.V., Siemens Healthineers, GE Healthcare, Hitachi Medical Systems, FUJIFILM Sonosite Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Canon Medical Systems Corporation, ESAOTE SPA, and Samsung Medison Co., Ltd.

Ultrasound Transducer Market Leaders

  1. Koninklijke Philips N.V

  2. Siemens Healthineers

  3. GENERAL ELECTRIC COMPANY

  4. FUJIFILM Sonosite, Inc

  5. Canon Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Ultrasound Transducer Market Concentration
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Ultrasound Transducer Market News

  • October 2022: Abdul Latif Jameel Health, part of international diversified family business Abdul Latif Jameel, and Wellesta Holdings, a Singapore headquartered company providing marketing and commercialization support to the healthcare sector in South East Asia, India & partnering in MENA (Middle East & North Africa), have announced agreement for the marketing and distribution of the Butterfly iQ+ point-of-care ultrasound device in India.
  • June 2022: Mindray launched its best-in-class Point of Care ultrasound system, the TEX20 Series. The Series incorporates a full set of wireless solutions: voice command, wireless charging, and wireless transducers, to further enhance workflow efficiency and elevate the user experience in fast-paced, demanding clinical environments.

Ultrasound Transducer Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definitions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Demand of Minimally Invasive Therapies
    • 4.2.2 Increasing Prevalence of Cardiovascular, Respiratory, and Abdominal Disorders
  • 4.3 Market Restraints
    • 4.3.1 High Cost of the Ultrasound Product
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD million)

  • 5.1 By Product
    • 5.1.1 Convex
    • 5.1.2 Linear
    • 5.1.3 Endocavitary
    • 5.1.4 Phased array
    • 5.1.5 CW Doppler
    • 5.1.6 Others
  • 5.2 By Application
    • 5.2.1 Musculoskeletal
    • 5.2.2 Cardiovascular
    • 5.2.3 OB/GYN
    • 5.2.4 General Imaging
    • 5.2.5 Others
  • 5.3 By End User
    • 5.3.1 Hospitals
    • 5.3.2 Diagnostic Centers
    • 5.3.3 Ambulatory Surgical Centers
    • 5.3.4 Others
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East and Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East and Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Koninklijke Philips N.V
    • 6.1.2 Siemens Healthineers
    • 6.1.3 GE Healthcare
    • 6.1.4 Fujifilm Holdings Corporation (fujifilm Sonosite)
    • 6.1.5 Shenzhen Mindray Bio-Medical Electronics Co., Ltd
    • 6.1.6 Canon Medical Systems Corporation
    • 6.1.7 ESAOTE SPA
    • 6.1.8 Samsung Electronics Co. Ltd (samsung Medison)
    • 6.1.9 Telemed Ultrasound Medical System
    • 6.1.10 Alpinion Medical Systems Co. Ltd
    • 6.1.11 Broadsound Corporation Information
    • 6.1.12 Ezono Ag
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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Ultrasound Transducer Industry Segmentation

As per the scope of the report, an ultrasound transducer is a probe that produces sound waves and makes echoes. The device is used in surgical, diagnostic, and non-invasive procedures. The market is segmented by product (Convex, Linear, Endocavitary, Phased array, CW Doppler), by application (Musculoskeletal, Cardiovascular, Obstetrics and Gynecology, General Imaging, and Others), by the end user (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, and Others) and geography (North America, Europe, Asia Pacific, Middle-East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Product Convex
Linear
Endocavitary
Phased array
CW Doppler
Others
By Application Musculoskeletal
Cardiovascular
OB/GYN
General Imaging
Others
By End User Hospitals
Diagnostic Centers
Ambulatory Surgical Centers
Others
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Ultrasound Transducer Market Research FAQs

How big is the Ultrasound Transducer Market?

The Ultrasound Transducer Market size is expected to reach USD 4.18 billion in 2025 and grow at a CAGR of 3.83% to reach USD 5.05 billion by 2030.

What is the current Ultrasound Transducer Market size?

In 2025, the Ultrasound Transducer Market size is expected to reach USD 4.18 billion.

Who are the key players in Ultrasound Transducer Market?

Koninklijke Philips N.V, Siemens Healthineers, GENERAL ELECTRIC COMPANY, FUJIFILM Sonosite, Inc and Canon Inc. are the major companies operating in the Ultrasound Transducer Market.

Which is the fastest growing region in Ultrasound Transducer Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Ultrasound Transducer Market?

In 2025, the North America accounts for the largest market share in Ultrasound Transducer Market.

What years does this Ultrasound Transducer Market cover, and what was the market size in 2024?

In 2024, the Ultrasound Transducer Market size was estimated at USD 4.02 billion. The report covers the Ultrasound Transducer Market historical market size for years: 2021, 2022, 2023 and 2024. The report also forecasts the Ultrasound Transducer Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Ultrasound Transducer Industry Report

Statistics for the 2025 Ultrasound Transducer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ultrasound Transducer analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.