GVR Report cover Ultrasound Transducer Market Size, Share & Trends Report

Ultrasound Transducer Market Size, Share & Trends Analysis Report By Product Type (Linear, Convex), By Application (Cardiovascular, General Imaging), By End Use, By Region, And Segment Forecasts, 2019 - 2026

  • Report ID: GVR-3-68038-225-9
  • Number of Pages: 120
  • Format: Electronic (PDF)
  • Historical Range: 2015 - 2017
  • Industry: Healthcare

Report Overview

The global ultrasound transducer market size was valued at USD 3.2 billion in 2018 and is expected to expand at a CAGR of 3.6% by the end of 2026. Increasing applications of ultrasound devices in diagnostic imaging of various conditions and the introduction of advanced transducers are some of the major factors driving the growth.

Canada ultrasound transducer market size

Ultrasound transducers are used in diagnostic testing, surgical procedures, and noninvasive procedures including lithotripsy. Major diagnostic uses of these devices include the examination of cardiac, maternity, abdominal, gynecological, cerebrovascular and urological, breast examination, and small pieces of tissues, and in the pediatric and operational review.

The rising frequency of product launches is expected to propel the ultrasound transducer market. Key players 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.

Global ultrasound transducer market share

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.

Recent Developments

  • In November 2022, Royal Philips launched a next-generation compact portable ultrasound solution to deliver first-time-right diagnostics for more patients  

  • In June 2022, Mindray has launched its best-in-class ultrasound system TEX20 Series. The system features a full set of wireless solutions to further enhance workflow efficiency

Ultrasound Transducer Market Report Scope 

Report Attribute


The market size value in 2020

USD 3.40 billion

The revenue forecast in 2026

USD 4.22 billion

Growth Rate

CAGR of 3.6% from 2019 to 2026

The base year for estimation


Historical data

2015 - 2017

Forecast period

2019 - 2026

Quantitative units

Revenue in USD million and CAGR from 2019 to 2026

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

Segments covered

Product type, application, end-use, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; China; India; Japan; Thailand; South Korea Mexico; Brazil; Colombia; Argentina; South Africa; Saudi Arabia; UAE

Key companies profiled

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 (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2026. For this study, Grand View Research has segmented the global ultrasound transducer market report based on product type, application, end-use, and region:

  • Product Type Outlook (Revenue, USD Million, 2015 - 2026)

    • Linear

    • Convex

    • Phased Array

    • Endocavitary

    • CW Doppler

    • Others

  • Application Outlook (Revenue, USD Million, 2015 - 2026)

    • Cardiovascular

    • General Imaging

    • Musculoskeletal

    • OB/GYN

    • Vascular

    • Others

  • End-Use Outlook (Revenue, USD Million, 2015 - 2026)

    • Hospital

    • Clinics

    • Diagnostic center

    • Ambulatory Surgery Centers (ASCs)

  • Regional Outlook (Volume, ‘000 Units; Revenue, USD Million, 2015 - 2026)

    • North America

      • The U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • Japan

      • India

      • Thailand

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

      • Colombia

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

      • UAE

Frequently Asked Questions About This Report

gvr icn


gvr icn

This FREE sample includes data points, ranging from trend analyses to estimates and forecasts. See for yourself.

gvr icn


We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Contact us now

Certified Icon

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.