Global Next Generation Ultrasound Systems Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Display;

Color Ultrasound and Black & White Ultrasound.

By End User;

Hospitals, Diagnostics Laboratories & Imaging Centers, and Clinics & Ambulatory Surgical centers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn789055905 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Next Generation Ultrasound Systems Market (USD Million), 2021 - 2031

In the year 2024, the Global Next Generation Ultrasound Systems Market was valued at USD 12,936.02 million. The size of this market is expected to increase to USD 24,106.92 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.3%.

Next Generation Ultrasound Systems represent a transformative leap in medical imaging technology, redefining how healthcare professionals diagnose and monitor various medical conditions. These advanced systems incorporate innovative features such as real-time imaging, enhanced 3D and 4D capabilities, artificial intelligence (AI) integration, and superior image resolution. They offer unprecedented diagnostic precision and enable more accurate assessment of anatomical structures and physiological functions. The adoption of portable and handheld ultrasound devices further broadens their application, providing accessibility for point-of-care diagnostics and emergency medical scenarios. The versatility and non-invasive nature of these systems make them indispensable across specialties like cardiology, obstetrics, gynecology, radiology, and musculoskeletal imaging.

The demand for next-generation ultrasound systems is being fueled by increasing healthcare awareness, a growing geriatric population, and the rising prevalence of chronic diseases globally. These systems deliver faster, more detailed results, which are crucial for early diagnosis and treatment planning. Additionally, the integration of AI-powered tools facilitates automated measurements, improved workflow efficiency, and enhanced clinical decision-making. Emerging applications such as elastography for tissue characterization and contrast-enhanced ultrasound for vascular imaging further highlight the expanding capabilities of these systems. This technological progress has resulted in widespread adoption in hospitals, diagnostic centers, and outpatient clinics, making ultrasound an indispensable component of modern healthcare.

Driving the market’s growth are continuous innovations by key industry players, including the introduction of compact devices with wireless capabilities and cloud connectivity. These advancements enable remote diagnostics and seamless data sharing between healthcare providers, aligning with the global trend toward telemedicine and personalized care. However, challenges such as high device costs and the need for skilled operators remain barriers to broader adoption in low-resource settings. Despite these challenges, the market for next-generation ultrasound systems is poised for significant expansion, with promising opportunities to improve patient outcomes, enhance clinical workflows, and reduce overall healthcare costs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Display
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Next Generation Ultrasound Systems Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand for minimally invasive procedures
        2. Technological advancements
        3. Increasing prevalence of chronic diseases
      2. Restraints
        1. High cost
        2. Stringent regulatory approvals
      3. Opportunities
        1. Emerging markets
        2. Telemedicine
        3. AI-powered applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Next Generation Ultrasound Systems Market, By Display, 2021 - 2031 (USD Million)
      1. Color Ultrasound
      2. Black
      3. White Ultrasound
    2. Global Next Generation Ultrasound Systems Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Diagnostics Laboratories and Imaging centers
      3. Clinics
      4. Ambulatory Surgical centers
    3. Global Next Generation Ultrasound Systems Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Vinno Technology Co. Ltd
      2. Esaote SpA
      3. Teratech Corporation
      4. Siemens AG
      5. GE Healthcare
      6. Carestream Health
      7. Koninklijke Philips N.V.
  7. Analyst Views
  8. Future Outlook of the Market