Ultrasound Transducer Market Size, Share, Trends, Industry Analysis Report: By Product Type, Application, End User, and Region

Description

List of Tables

The global ultrasound transducer market size is expected to reach USD 4.95 billion by 2034, according to a new study by Polaris Market Research. The report "Ultrasound Transducer Market Size, Share, Trends, Industry Analysis Report: By Product Type (Convex, Linear, Endocavitary, Phased Array, CW Doppler, and Others), Application, End User, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Ultrasound transducers are devices that convert electrical energy into ultrasound waves and vice versa. They are essential in various applications, particularly in medical diagnostics. The ultrasound transducer market is experiencing significant growth due to advancements in medical imaging technology and the growing trend toward compact and portable ultrasound systems for use in diverse settings.

The rising elderly population worldwide is fueling the ultrasound transducers market growth. Elderly individuals are at a higher risk of developing long-term illnesses such as heart disease, diabetes, and cancer. Ultrasound plays a crucial role in diagnosing and tracking these ailments, leading to an increased need for transducers, which are essential for generating sound waves and creating images in ultrasound procedures.

The global ultrasound transducer market is being propelled by the increasing need for minimally invasive treatments. In minimally invasive therapies, ultrasound transducers are extensively utilized due to their ability to offer real-time imaging, thereby improving safety and lowering the chances of complications. Hence, the rising demand for minimally invasive therapies propels the usage of ultrasound transducers.

Ultrasound Transducer Market Report Highlights

By end user, the ultrasound transducer market for the ambulatory surgical centers segment is expected to experience substantial growth during the forecast period due to their ability to provide a cost-effective alternative to traditional hospital settings.

The hospital segment dominated the ultrasound transducer market share in 2024 owing to the increasing prevalence of chronic conditions, rising geriatric population, and its potential to offer immediate access to imaging services.

In terms of product type, the convex segment held the largest market share in 2024 due to the rising demand for abdominal assessments and growing advancements in technology.

In the global market, North America held the largest revenue share in 2024 due to the strong emphasis on research and development within the healthcare system and the high adoption of innovative medical technologies.

The ultrasound transducer market in Asia Pacific is expected to grow at a robust pace during the forecast period owing to the rising prevalence of chronic diseases and increasing awareness of healthcare options. Furthermore, rising investments in medical technologies propel the market in the region.

A few global key market players are Carestream Health; ALPINION MEDICAL SYSTEMS Co., Ltd; Analogic Corporation; Shenzhen Mindray Bio-Medical Electronics Co., Ltd; Esaote SPA; GE HealthCare; Siemens Healthineers AG; CANON MEDICAL SYSTEMS CORPORATION; Koninklijke Philips N.V; Hitachi, Ltd; Samsung Medicine Co., Ltd; and Fujifilm Holdings Corporation.

Polaris Market Research has segmented the ultrasound transducer market report on the basis of product type, application, end user, and region:

By Product Type Outlook (Revenue, USD Billion, 2020-2034)

Convex
Linear
Endocavitary
Phased Array
CW Doppler
Other

By Application Outlook (Revenue, USD Billion, 2020-2034)

Cardiovascular
General Imaging
Musculoskeletal
OB/GYN
Vascular
Others

By End User Outlook (Revenue, USD Billion, 2020-2034)

Hospitals
Diagnostic Centers
Ambulatory Surgical Centers

By Regional Outlook (Revenue, USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM5198

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Ultrasound Transducer Market Insights

4.1. Ultrasound Transducer Market - Market Snapshot
4.2. Ultrasound Transducer Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Advancements in transducer technology are driving the market.
  - 4.2.1.2. Rise in ultrasound-assisted surgeries propels the market.
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High cost of ultrasound products and lack of skilled workforce are hindering the ultrasound transducer market growth
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Ultrasound Transducer Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Ultrasound Transducer Market, by Product Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
5.3. Convex
- 5.3.1. Global Ultrasound Transducer Market, by Convex, by Region, 2020-2034 (USD Billion)
5.4. Linear
- 5.4.1. Global Ultrasound Transducer Market, by Linear, by Region, 2020-2034 (USD Billion)
5.5. Endocavitary
- 5.5.1. Global Ultrasound Transducer Market, by Endocavitary, by Region, 2020-2034 (USD Billion)
5.6. Phased Array
- 5.6.1. Global Ultrasound Transducer Market, by Phased Array, by Region, 2020-2034 (USD Billion)
5.7. CW Doppler
- 5.7.1. Global Ultrasound Transducer Market, by CW Doppler, by Region, 2020-2034 (USD Billion)
5.8. Others
- 5.8.1. Global Ultrasound Transducer Market, by Others, by Region, 2020-2034 (USD Billion)

6. Global Ultrasound Transducer Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
6.3. Cardiovascular
- 6.3.1. Global Ultrasound Transducer Market, by Cardiovascular, by Region, 2020-2034 (USD Billion)
6.4. General Imaging
- 6.4.1. Global Ultrasound Transducer Market, by General Imaging, by Region, 2020-2034 (USD Billion)
6.5. Musculoskeletal
- 6.5.1. Global Ultrasound Transducer Market, by Musculoskeletal, by Region, 2020-2034 (USD Billion)
6.6. OB/GYN
- 6.6.1. Global Ultrasound Transducer Market, by OB/GYN, by Region, 2020-2034 (USD Billion)
6.7. Vascular
- 6.7.1. Global Ultrasound Transducer Market, by Vascular, by Region, 2020-2034 (USD Billion)
6.8. Other
- 6.8.1. Global Ultrasound Transducer Market, by Other, by Region, 2020-2034 (USD Billion)

7. Global Ultrasound Transducer Market, by End User

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
7.3. Hospitals
- 7.3.1. Global Ultrasound Transducer Market, by Hospitals, by Region, 2020-2034 (USD Billion)
7.4. Diagnostic Centers
- 7.4.1. Global Ultrasound Transducer Market, by Diagnostic Centers, by Region, 2020-2034 (USD Billion)
7.5. Ambulatory Surgery Centers (ASCs)
- 7.5.1. Global Ultrasound Transducer Market, by Ambulatory Surgery Centers (ASCs), by Region, 2020-2034 (USD Billion)

8. Global Ultrasound Transducer Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Ultrasound Transducer Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. Ultrasound Transducer Market - North America
- 8.3.1. North America: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
- 8.3.2. North America: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
- 8.3.3. North America: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.3.4. Ultrasound Transducer Market - U.S.
  - 8.3.4.1. US: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.3.4.2. US: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.3.4.3. US: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.3.5. Ultrasound Transducer Market - Canada
  - 8.3.5.1. Canada: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
8.4. Ultrasound Transducer Market - Europe
- 8.4.1. Europe: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
- 8.4.2. Europe: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
- 8.4.3. Europe: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.4.4. Ultrasound Transducer Market - UK
  - 8.4.4.1. UK: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.4.5. Ultrasound Transducer Market - France
  - 8.4.5.1. France: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.4.5.2. France: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.4.5.3. France: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.4.6. Ultrasound Transducer Market - Germany
  - 8.4.6.1. Germany: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.4.7. Ultrasound Transducer Market - Italy
  - 8.4.7.1. Italy: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.4.8. Ultrasound Transducer Market - Spain
  - 8.4.8.1. Spain: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.4.9. Ultrasound Transducer Market - Netherlands
  - 8.4.9.1. Netherlands: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.4.10. Ultrasound Transducer Market - Russia
  - 8.4.10.1. Russia: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.4.11. Ultrasound Transducer Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
8.5. Ultrasound Transducer Market - Asia Pacific
- 8.5.1. Asia Pacific: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.5.4. Ultrasound Transducer Market - China
  - 8.5.4.1. China: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.5.4.2. China: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.5.4.3. China: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.5.5. Ultrasound Transducer Market - India
  - 8.5.5.1. India: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.5.5.2. India: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.5.5.3. India: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.5.6. Ultrasound Transducer Market - Malaysia
  - 8.5.6.1. Malaysia: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.5.7. Ultrasound Transducer Market - Japan
  - 8.5.7.1. Japan: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.5.8. Ultrasound Transducer Market - Indonesia
  - 8.5.8.1. Indonesia: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.5.9. Ultrasound Transducer Market - South Korea
  - 8.5.9.1. South Korea: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.5.10. Ultrasound Transducer Market - Australia
  - 8.5.10.1. Australia: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.5.11. Ultrasound Transducer Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
8.6. Ultrasound Transducer Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.6.4. Ultrasound Transducer Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.6.5. Ultrasound Transducer Market - UAE
  - 8.6.5.1. UAE: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.6.6. Ultrasound Transducer Market - Israel
  - 8.6.6.1. Israel: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.6.7. Ultrasound Transducer Market - South Africa
  - 8.6.7.1. South Africa: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.6.8. Ultrasound Transducer Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
8.7. Ultrasound Transducer Market - Latin America
- 8.7.1. Latin America: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.7.4. Ultrasound Transducer Market - Mexico
  - 8.7.4.1. Mexico: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.7.5. Ultrasound Transducer Market - Brazil
  - 8.7.5.1. Brazil: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.7.6. Ultrasound Transducer Market - Argentina
  - 8.7.6.1. Argentina: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)
- 8.7.7. Ultrasound Transducer Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Ultrasound Transducer Market, by Product Type, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Ultrasound Transducer Market, by Application, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Ultrasound Transducer Market, by End User, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Carestream Health
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. ALPINION MEDICAL SYSTEMS Co., Ltd
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Analogic Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Shenzhen Mindray Bio-Medical Electronics Co., Ltd
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Esaote SPA
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. GE HealthCare
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Siemens Healthineers AG
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. CANON MEDICAL SYSTEMS CORPORATION
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Koninklijke Philips N.V.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Hitachi, Ltd
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. Samsung Medicine Co., Ltd.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
10.12. Fujifilm Holdings Corporation
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development