Doppler Ultrasound Market Size, Share & Trends Analysis Report By Device Type (Trolley-based, Handheld), By Application (Radiology, Cardiology, Obstetrics & Gynecology), By End-use, By Region, And Segment Forecasts, 2023 - 2030

Doppler Ultrasound Market Size & Trends

The global doppler ultrasound market size was valued at USD 1.67 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.60% from 2023 to 2030. Rising technological advancements and the increasing demand for minimally invasive procedures are driving market demand. Moreover, the rising adoption of Doppler ultrasound devices among end-users for efficient diagnostic imaging, coupled with the increasing incidences of chronic diseases and lifestyle-related conditions, is expected to fuel market growth through 2030.

The COVID-19 pandemic impacted the Doppler ultrasound market negatively. The demand for Doppler ultrasound devices was inconsistent during this period, owing to a drop in manufacturing capacities, postponements in installations, and supply chain disruptions. However, Doppler handheld ultrasound devices witnessed high demand in the field of critical care owing to their unique capabilities, such as high operating speed, ease of use, and portability in crowded healthcare facilities.

Doppler ultrasound devices have wide applications in chronic disease management, such as artery and vein health diagnosis in patients suffering from cardiac disorders, and assessment of renal artery stenosis in patients suffering from kidney disorders. According to CDC, as of April 2023, around 37 million people are affected by kidney diseases in the U.S. Moreover, as per SingleCare Administrators, around 1 million adults die due to untreated kidney failure every year. The rising prevalence of chronic disorders is poised to boost the demand for accurate, cost-effective Doppler ultrasound devices.

Device Type Insights

Based on device type, the market is segmented into trolley-based and handheld devices. The trolley-based segment held the largest market share of 64.1% in 2022. The growth is attributed to their extreme mobility capabilities, such as the easy transport of trolley-based Doppler ultrasound devices to various locations in a healthcare facility. Moreover, trolley-based Doppler ultrasound devices assist in rapid treatment administration, decision-making, and diagnosis, which further contributes to improved clinical outcomes.

The handheld segment is expected to advance at the fastest CAGR of 4.2% from 2023 to 2030, owing to rising awareness regarding the benefits associated with the use of handheld Doppler ultrasound devices in remote patient monitoring and home healthcare. Moreover, technological advancements in handheld Doppler ultrasound devices are further propelling market growth.

For instance, in February 2022, Koninklijke Philips N.V. announced an expansion to its ultrasound portfolio with the inclusion of Pulse Wave Doppler. The Pulse Wave Doppler ultrasound can enhance ultrasound capabilities such as advanced hemodynamic measurement and assessment on the company’s handheld ultrasound Lumify.

Application Insights

Based on application, the market is segmented into radiology, cardiology, obstetrics & gynecology, and others. The radiology segment dominated the market with a share of 25.48% in 2022. This is due to the wide application of Doppler ultrasound technology in vascular imaging to visualize and evaluate blood vessels, to diagnose and monitor conditions such as peripheral artery disease, deep vein thrombosis, and varicose veins. Moreover, Doppler ultrasound technology is also used for imaging abdominal organs to diagnose conditions such as liver diseases, gallstones, and renal cysts.

The cardiology segment is poised to advance at the fastest CAGR of 4.1% through 2030. The market growth is attributed to the rising prevalence of cardiovascular diseases globally. According to a study conducted by WHO, 17.9 million people die every year due to cardiovascular disease, which accounts for 32% of the total deaths globally. Doppler ultrasound device is widely used for diagnosing patients suffering from cardiac heart failure and hypertension. Doppler ultrasound helps determine atrioventricular cavity size, myocardial lesions, septal damage, and ventricular wall thickness.

End-use Insights

Based on end-use, the market is segmented into hospitals, diagnostic imaging centers, home care, and academic & research institutes. The hospital segment had the largest market share of 47.2% in 2022, owing to the rising adoption of Doppler ultrasound in various hospital settings, coupled with an increasing number of visits by patients suffering from lifestyle-related disorders. Moreover, rising demand for handheld Doppler ultrasound devices in OPDs and in-patient departments owing to their portable nature is driving the market.

The diagnostic imaging centers segment is expected to progress at the fastest growth of 3.8% from 2023 to 2030. The growth is attributed the rising adoption of Doppler ultrasound due to its versatility, cost-efficiency, and accuracy. Moreover, increasing government initiatives in the development of diagnostic imaging centers is propelling the market demand.

For instance, in April 2022, the UK government announced the delivery of 160 new community diagnostic centers in England by 2025. 73 diagnostic centers that have been already opened in the region have delivered around 700,000 MRI, ultrasound, CT, and endoscopy tests.

Regional Insights

North America dominated the market with a share of 34.2% in 2022, owing to the presence of key players in the region, coupled with rising government support in the form of funding and policies for technological advancements in the healthcare sector. For instance, in April 2021, Philips North America received funding of USD 11 million from the Biomedical Advanced Research and Development Authority for the development of an artificial intelligence-based ultrasound system capable of assessing COVID-19.

On the other hand, Asia Pacific is anticipated to expand at the fastest CAGR of 4% over the forecast period, owing to the presence of the developing healthcare sector and the increasing prevalence of chronic diseases. According to a study published by NCBI in 2022, 434.4 million people were suffering from chronic kidney disease in the region, of which almost 65 million adults have advanced stages of the disorder. Moreover, prominent players in the market are adopting various strategies such as acquisitions, product launches, and partnerships to strengthen their position.

Key Companies & Market Share Insights

Major market players are adopting various strategies such as acquisitions, partnerships, collaborations, expansions, and new product launches. For instance, in February 2023, GE HealthCare announced the acquisition of Caption Health, Inc., an AI healthcare leader that develops clinical applications for assistance in early disease detection. The goal of this acquisition is to incorporate Caption Health’s AI capabilities into GE’s existing ultrasound portfolio. Some of the prominent players in the global Doppler ultrasound market include:

• GE Healthcare

• Siemens Healthineers

• Koninklijke Philips N.V.

• Toshiba Medical Systems Corporation

• Fujifilm Holdings Corporation

• Hitachi Ltd.

• Esaote SpA

• Samsung Medison Co., Ltd

• Mindray Medical International Limited

• Analogic Corporation

Doppler Ultrasound Market Report Scope

Global Doppler Ultrasound Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global Doppler ultrasound market report based on device type, application, end-use, and region:

• Device Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Trolley-Based

  • Handheld

• Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Radiology

  • Cardiology

  • Obstetrics and Gynecology

  • Others

• End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Hospitals

  • Diagnostic Imaging Centers

  • Home Care

  • Academic & Research Institutes

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Thailand

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait