Global Ultrasound Transducer Market Size & Outlook

The ultrasound transducer industry worldwide is expected to reach a projected revenue of US$ 3,979.0 million by 2030. A compound annual growth rate of 2.5% is expected of the worldwide ultrasound transducer industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,441.1
Forecast, 2030 (US$M)
$4,097.9
CAGR, 2024 - 2030
2.5%
Report Coverage
Worldwide

Global ultrasound transducer market, 2018-2030 (US$M)

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Global ultrasound transducer market highlights

  • The global ultrasound transducer market generated a revenue of USD 3,441.1 million in 2023 and is expected to reach USD 4,097.9 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 2.5% by 2030.
  • In terms of segment, convex accounted for a revenue of USD 939.2 million in 2023.
  • Linear is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 3,441.1 million
Market revenue in 2030USD 4,097.9 million
Growth rate2.5% (CAGR from 2023 to 2030)
Largest segmentConvex
Fastest growing segmentLinear
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLinear, Convex, Phased array, Endocavitary, CW Doppler

Other key industry trends

  • In terms of revenue, the North America accounted for 31.7% of the global ultrasound transducer market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Denmark is the fastest growing regional market and is projected to reach USD 12.2 million by 2030.

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Ultrasound Transducer Market Scope

Ultrasound transducer market segmentation & scope
2D
End Use
Hospital
Outpatient Facilities
Home Care
Research And Manufacturing
3D/4D
End Use
Hospital
Outpatient Facilities
Home Care
Research And Manufacturing
Doppler
End Use
Hospital
Outpatient Facilities
Home Care
Research And Manufacturing
Sterile
End Use
Hospital
Outpatient Facilities
Home Care
Research And Manufacturing
Non Sterile
End Use
Hospital
Outpatient Facilities
Home Care
Research And Manufacturing
Research And Manufacturing
Research And Manufacturing
Home Care
Research And Manufacturing
Home Care
Research And Manufacturing
Home Care
Research And Manufacturing
Home Care
Research And Manufacturing
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
U.S.
UK
Germany
France
Italy
Spain
Sweden
Denmark
Norway
China
Japan
India
Australia
Thailand
South Korea
Brazil
Mexico
Argentina
Saudi Arabia
South Africa
Kuwait
UAE

Ultrasound Transducer Market Companies

Name Profile # Employees HQ Website

Global ultrasound transducer market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ultrasound transducer market will help companies and investors design strategic landscapes.


Convex was the largest segment with a revenue share of 27.29% in 2023. Horizon Databook has segmented the Global ultrasound transducer market based on linear, convex, phased array, endocavitary, cw doppler covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Ultrasound Transducer Type Outlook (Revenue, USD Million, 2018-2030)
    • 2D
      • End Use
        • Hospital
        • Outpatient Facilities
        • Home Care
        • Research And Manufacturing
    • 3D/4D
      • End Use
        • Hospital
        • Outpatient Facilities
        • Home Care
        • Research And Manufacturing
    • Doppler
      • End Use
        • Hospital
        • Outpatient Facilities
        • Home Care
        • Research And Manufacturing
    • Sterile
      • End Use
        • Hospital
        • Outpatient Facilities
        • Home Care
        • Research And Manufacturing
    • Non Sterile
      • End Use
        • Hospital
        • Outpatient Facilities
        • Home Care
        • Research And Manufacturing
    • Linear
      • End Use
        • Hospital
        • Outpatient Facilities
        • Home Care
        • Research And Manufacturing
    • Convex
      • End Use
        • Hospital
        • Outpatient Facilities
        • Home Care
        • Research And Manufacturing
    • Phased array
      • End Use
        • Hospital
        • Outpatient Facilities
        • Home Care
        • Research And Manufacturing
    • Endocavitary
      • End Use
        • Hospital
        • Outpatient Facilities
        • Home Care
        • Research And Manufacturing
    • CW Doppler
      • End Use
        • Hospital
        • Outpatient Facilities
        • Home Care
        • Research And Manufacturing
    • Others
      • End Use
        • Hospital
        • Outpatient Facilities
        • Home Care
        • Research And Manufacturing

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  • Our clientele includes a mix of ultrasound transducer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global ultrasound transducer market , including forecasts for subscribers. This global databook contains high-level insights into Global ultrasound transducer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global ultrasound transducer market size, by regions, 2018-2030 (US$M)

Top 10 countries: Ultrasound transducer market size, 2023 (US$M)

Global ultrasound transducer market share, by type, 2023 & 2030 (%, US$M)

Ultrasound transducer market: Opportunity assessment by country

Global ultrasound transducer market, by region, 2023 (US$M)

Global ultrasound transducer market size, by regions, 2018-2030 (US$M)

Type 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 1,056.9 1,080.1 1,012.6 1,038.1 1,063.7 1,092.1 1,123.8 1,159.8 1,200.8 1,179.9 1,195.8 1,211.4 1,226.5 1.7%
Europe 823.7 850.1 804.9 833.3 862.4 894.3 929.6 969.1 1,013.6 1,006.2 1,030.5 1,054.7 1,079.1 2.7%
Asia Pacific 844.4 875.9 833.6 867.4 902.3 940.3 982.3 1,029.1 1,081.7 1,079.0 1,110.2 1,141.8 1,173.7 3.2%
Latin America 286.9 296.3 280.7 290.8 301.1 312.5 325.0 339.0 354.8 352.5 361.2 369.9 378.6 2.8%
MEA 188.2 193.7 183.0 189.0 195.2 202.0 209.5 217.9 227.4 225.3 230.1 235.1 240.0 2.5%
Overall 3,200.0 3,296.0 3,114.7 3,218.6 3,324.7 3,441.1 3,570.2 3,714.8 3,878.2 3,842.8 3,927.8 4,012.9 4,097.9 2.5%

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