Product Code: ETC062780 | Publication Date: Aug 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: ÂÌñÉç | Author: Sachin Kumar Rai | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The United States of America Ultrasound Devices Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Although the growth rate starts strong at 8.24% in 2025, it steadily loses momentum, ending at 1.14% by 2029.
The United States ultrasound devices market is a mature and well-established market characterized by a high level of technological advancement and innovation. The market is driven by factors such as the increasing prevalence of chronic diseases, growing demand for minimally invasive procedures, and the rising geriatric population. Key players in the market are continuously investing in research and development to introduce advanced ultrasound devices with improved imaging capabilities and enhanced portability. The market is segmented into various product types such as cart-based ultrasound devices, handheld ultrasound devices, and point-of-care ultrasound devices, catering to different healthcare settings and specialties. With the increasing adoption of ultrasound technology across various medical disciplines, including cardiology, obstetrics, and radiology, the US ultrasound devices market is expected to witness steady growth in the coming years.
The United States ultrasound devices market is experiencing significant growth driven by technological advancements, increasing prevalence of chronic diseases, and rising demand for non-invasive diagnostic procedures. Portable and handheld ultrasound devices are gaining popularity due to their convenience and cost-effectiveness, especially in point-of-care settings. The shift towards 3D/4D imaging for more detailed and accurate diagnostics is also a notable trend in the market. Additionally, the integration of artificial intelligence (AI) and machine learning algorithms into ultrasound systems is enhancing diagnostic capabilities and streamlining workflow for healthcare providers. With a growing emphasis on early disease detection and personalized medicine, the US ultrasound devices market is expected to continue expanding in the coming years.
In the US ultrasound devices market, challenges include fierce competition among key players leading to price wars and margin pressures, stringent regulations and compliance requirements increasing the cost of development and market entry, and the ongoing need for technological advancements to meet evolving healthcare demands. Additionally, economic uncertainties and fluctuations in healthcare spending pose challenges in terms of market growth and investment decisions for businesses operating in this sector. Moreover, the COVID-19 pandemic has disrupted healthcare services, including non-essential procedures such as ultrasound diagnostics, impacting the market`s short-term growth prospects. Overall, navigating these challenges requires companies to innovate continuously, invest in research and development, and adapt their strategies to remain competitive in the dynamic US ultrasound devices market.
The United States ultrasound devices market presents various investment opportunities due to its continuous growth driven by factors such as increasing demand for non-invasive diagnostic procedures, technological advancements in ultrasound technology, and a rising prevalence of chronic diseases requiring diagnostic imaging. Investors can explore opportunities in companies involved in the manufacturing and distribution of ultrasound devices, as well as in research and development of innovative ultrasound technologies. Additionally, investing in companies offering ultrasound services or developing software solutions to enhance ultrasound imaging capabilities could be lucrative. With the expanding applications of ultrasound in areas such as cardiology, oncology, and obstetrics, the US ultrasound devices market offers promising investment prospects for those looking to capitalize on the growing demand for advanced healthcare imaging technologies.
In the United States, the ultrasound devices market is largely regulated by the Food and Drug Administration (FDA), which oversees the safety and effectiveness of medical devices, including ultrasound machines. Manufacturers of ultrasound devices must comply with FDA regulations to ensure product quality and patient safety. Additionally, reimbursement policies from government healthcare programs such as Medicare and Medicaid play a significant role in shaping the market dynamics by influencing healthcare providers` decisions to adopt and use ultrasound technology. The Affordable Care Act (ACA) has also had implications for the ultrasound devices market, as it has expanded healthcare coverage and increased access to medical services, potentially driving demand for ultrasound procedures. Overall, government policies and regulations have a substantial impact on the US ultrasound devices market, affecting product development, market access, and reimbursement strategies.
The United States Ultrasound Devices Market is poised for steady growth in the coming years, driven by factors such as technological advancements, increasing prevalence of chronic diseases, rising demand for non-invasive diagnostic procedures, and expanding applications of ultrasound in various medical specialties. The market is expected to witness a surge in demand for portable and handheld ultrasound devices, as well as for advanced imaging technologies like 3D/4D ultrasound. Additionally, the growing geriatric population and the shift towards value-based healthcare are likely to further fuel market growth. However, challenges such as high costs associated with advanced ultrasound systems and regulatory constraints may hinder the market expansion to some extent. Overall, the US ultrasound devices market is anticipated to experience significant growth opportunities and innovations in the foreseeable future.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Ultrasound Devices Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Ultrasound Devices Market Revenues & Volume, 2021 & 2027F |
3.3 United States (US) Ultrasound Devices Market - Industry Life Cycle |
3.4 United States (US) Ultrasound Devices Market - Porter's Five Forces |
3.5 United States (US) Ultrasound Devices Market Revenues & Volume Share, By Type, 2021 & 2027F |
3.6 United States (US) Ultrasound Devices Market Revenues & Volume Share, By Device Display, 2021 & 2027F |
3.7 United States (US) Ultrasound Devices Market Revenues & Volume Share, By Device Portabilty, 2021 & 2027F |
3.8 United States (US) Ultrasound Devices Market Revenues & Volume Share, By Application, 2021 & 2027F |
4 United States (US) Ultrasound Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) Ultrasound Devices Market Trends |
6 United States (US) Ultrasound Devices Market, By Types |
6.1 United States (US) Ultrasound Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Ultrasound Devices Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 United States (US) Ultrasound Devices Market Revenues & Volume, By Diagnostic Ultrasound Systems, 2018 - 2027F |
6.1.4 United States (US) Ultrasound Devices Market Revenues & Volume, By Therapeutic Ultrasound Systems, 2018 - 2027F |
6.2 United States (US) Ultrasound Devices Market, By Device Display |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Ultrasound Devices Market Revenues & Volume, By Color Ultrasound Devices, 2018 - 2027F |
6.2.3 United States (US) Ultrasound Devices Market Revenues & Volume, By Black & White (B/W) Ultrasound Devices, 2018 - 2027F |
6.3 United States (US) Ultrasound Devices Market, By Device Portabilty |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Ultrasound Devices Market Revenues & Volume, By Trolley/Cart-Based Ultrasound Devices, 2018 - 2027F |
6.3.3 United States (US) Ultrasound Devices Market Revenues & Volume, By Compact/Handheld Ultrasound Devices, 2018 - 2027F |
6.4 United States (US) Ultrasound Devices Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Ultrasound Devices Market Revenues & Volume, By Radiology/General Imaging, 2018 - 2027F |
6.4.3 United States (US) Ultrasound Devices Market Revenues & Volume, By Obstetrics/Gynaecology, 2018 - 2027F |
6.4.4 United States (US) Ultrasound Devices Market Revenues & Volume, By Cardiology, 2018 - 2027F |
6.4.5 United States (US) Ultrasound Devices Market Revenues & Volume, By Urology, 2018 - 2027F |
6.4.6 United States (US) Ultrasound Devices Market Revenues & Volume, By Vascular, 2018 - 2027F |
6.4.7 United States (US) Ultrasound Devices Market Revenues & Volume, By Others, 2018 - 2027F |
7 United States (US) Ultrasound Devices Market Import-Export Trade Statistics |
7.1 United States (US) Ultrasound Devices Market Export to Major Countries |
7.2 United States (US) Ultrasound Devices Market Imports from Major Countries |
8 United States (US) Ultrasound Devices Market Key Performance Indicators |
9 United States (US) Ultrasound Devices Market - Opportunity Assessment |
9.1 United States (US) Ultrasound Devices Market Opportunity Assessment, By Type, 2021 & 2027F |
9.2 United States (US) Ultrasound Devices Market Opportunity Assessment, By Device Display, 2021 & 2027F |
9.3 United States (US) Ultrasound Devices Market Opportunity Assessment, By Device Portabilty, 2021 & 2027F |
9.4 United States (US) Ultrasound Devices Market Opportunity Assessment, By Application, 2021 & 2027F |
10 United States (US) Ultrasound Devices Market - Competitive Landscape |
10.1 United States (US) Ultrasound Devices Market Revenue Share, By Companies, 2021 |
10.2 United States (US) Ultrasound Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |