The North America Ultrasound Transducer Market would witness market growth of 2.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 635.3 thousand units, showcasing a growth of 3.0% (2019-2022).
The ultrasound transducer market has experienced a remarkable surge in demand and expansion in recent years. This growth can be attributed to a confluence of factors, including unprecedented advances in medical technology, a consistent increase in healthcare expenditure, and a heightened awareness of the manifold benefits offered by ultrasound imaging. As a non-invasive and radiation-free diagnostic modality, ultrasound has become indispensable across various medical specialties, including obstetrics, cardiology, radiology, and many more.
Additionally, ultrasound transducers, essentially the instruments that transmit and receive ultrasound waves, play a pivotal role in ensuring the efficacy and precision of ultrasound imaging. They are tasked with converting electrical energy into sound waves and vice versa, allowing medical practitioners to visualize anatomical structures and monitor physiological processes in real time. The remarkable versatility of ultrasound transducers makes them invaluable tools for healthcare professionals, from capturing fetal development in expectant mothers to diagnosing heart conditions and assessing musculoskeletal injuries.
Moreover, the ultrasound transducer market has witnessed an extraordinary surge in demand and expansion, marking a transformative era in medical diagnostics. This surge can be related to a confluence of factors that underscore the pivotal role of ultrasound technology in modern healthcare. Firstly, the escalating prevalence of chronic diseases, such as cardiovascular disorders, cancer, and musculoskeletal conditions, has necessitated advanced diagnostic tools, and ultrasound transducers have risen to the occasion as indispensable assets in this battle.
In Canada, Health Canada is the regulatory body in charge of guaranteeing the efficacy and safety of medical devices, such as ultrasound machines and transducers. Items meet high-quality and safety standards due to strict regulatory requirements. Total health spending in Canada is anticipated to exceed $331 billion in 2022, or $8,563 per Canadian, according to the Canadian government. This follows a surge in spending due to the COVID-19 pandemic, particularly in 2020. In 2020, federal, provincial, and territorial governments (combined) spent $770 per person on health-specific funding for COVID-19. Therefore, due to the expanding healthcare expenditure, the region is expected to grow rapidly in the future.
The US market dominated the North America Ultrasound Transducer Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,194.4 million by 2030. The Canada market is experiencing a CAGR of 4.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 3.8% during (2023 - 2030).
Based on Product Type, the market is segmented into Convex, Linear, Phased Array, Endocavitary, CW Doppler, and Others. Based on End Use, the market is segmented into Hospital, Clinic, Diagnostic Center, and ASCs. Based on Application, the market is segmented into General Imaging, Cardiovascular, Musculoskeletal, Vascular, OB/GYN, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Ultrasound Transducer Market is Predict to reach $4.9 Billion by 2030, at a CAGR of 3.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include GE HealthCare Technologies, Inc., Siemens Healthineers AG (Siemens AG), FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation), Canon, Inc. (Canon Medical Systems Corporation), Hitachi, Ltd. (Hitachi Healthcare), SonoScape Medical Corp., Koninklijke Philips N.V., Samsung Electronics Co., Ltd. (Samsung Group) (Samsung Medison Co., Ltd.), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. and Esaote SpA
Scope of the Study
Market Segments Covered in the Report:
By Product Type (Volume, Thousand Units, USD Million, 2019-2030)
- Convex
- Linear
- Phased Array
- Endocavitary
- CW Doppler
- Others
By End Use (Volume, Thousand Units, USD Million, 2019-2030)
- Hospital
- Clinic
- Diagnostic Center
- ASCs
By Application (Volume, Thousand Units, USD Million, 2019-2030)
- General Imaging
- Cardiovascular
- Musculoskeletal
- Vascular
- OB/GYN
- Others
By Country (Volume, Thousand Units, USD Million, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- GE HealthCare Technologies, Inc.
- Siemens Healthineers AG (Siemens AG)
- FUJIFILM Sonosite, Inc. (Fujifilm Holdings Corporation)
- Canon, Inc. (Canon Medical Systems Corporation)
- Hitachi, Ltd. (Hitachi Healthcare)
- SonoScape Medical Corp.
- Koninklijke Philips N.V.
- Samsung Electronics Co., Ltd. (Samsung Group) (Samsung Medison Co., Ltd.)
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Esaote SpA
TABLE 1 North America Ultrasound Transducer Market, 2019 - 2022, USD Million
TABLE 2 North America Ultrasound Transducer Market, 2023 - 2030, USD Million
TABLE 3 North America Ultrasound Transducer Market, 2019 - 2022, Thousand Units
TABLE 4 North America Ultrasound Transducer Market, 2023 - 2030, Thousand Units
TABLE 5 Partnerships, Collaborations and Agreements– Ultrasound Transducer Market
TABLE 6 Product Launches And Product Expansions– Ultrasound Transducer Market
TABLE 7 Acquisition and Mergers– Ultrasound Transducer Market
TABLE 8 North America Ultrasound Transducer Market by Product Type, 2019 - 2022, USD Million
TABLE 9 North America Ultrasound Transducer Market by Product Type, 2023 - 2030, USD Million
TABLE 10 North America Ultrasound Transducer Market by Product Type, 2019 - 2022, Thousand Units
TABLE 11 North America Ultrasound Transducer Market by Product Type, 2023 - 2030, Thousand Units
TABLE 12 North America Convex Market by Country, 2019 - 2022, USD Million
TABLE 13 North America Convex Market by Country, 2023 - 2030, USD Million
TABLE 14 North America Convex Market by Country, 2019 - 2022, Thousand Units
TABLE 15 North America Convex Market by Country, 2023 - 2030, Thousand Units
TABLE 16 North America Linear Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Linear Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Linear Market by Country, 2019 - 2022, Thousand Units
TABLE 19 North America Linear Market by Country, 2023 - 2030, Thousand Units
TABLE 20 North America Phased Array Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Phased Array Market by Country, 2023 - 2030, USD Million
TABLE 22 North America Phased Array Market by Country, 2019 - 2022, Thousand Units
TABLE 23 North America Phased Array Market by Country, 2023 - 2030, Thousand Units
TABLE 24 North America Endocavitary Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Endocavitary Market by Country, 2023 - 2030, USD Million
TABLE 26 North America Endocavitary Market by Country, 2019 - 2022, Thousand Units
TABLE 27 North America Endocavitary Market by Country, 2023 - 2030, Thousand Units
TABLE 28 North America CW Doppler Market by Country, 2019 - 2022, USD Million
TABLE 29 North America CW Doppler Market by Country, 2023 - 2030, USD Million
TABLE 30 North America CW Doppler Market by Country, 2019 - 2022, Thousand Units
TABLE 31 North America CW Doppler Market by Country, 2023 - 2030, Thousand Units
TABLE 32 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Others Market by Country, 2019 - 2022, Thousand Units
TABLE 35 North America Others Market by Country, 2023 - 2030, Thousand Units
TABLE 36 North America Ultrasound Transducer Market by End Use, 2019 - 2022, USD Million
TABLE 37 North America Ultrasound Transducer Market by End Use, 2023 - 2030, USD Million
TABLE 38 North America Ultrasound Transducer Market by End Use, 2019 - 2022, Thousand Units
TABLE 39 North America Ultrasound Transducer Market by End Use, 2023 - 2030, Thousand Units
TABLE 40 North America Hospital Market by Country, 2019 - 2022, USD Million
TABLE 41 North America Hospital Market by Country, 2023 - 2030, USD Million
TABLE 42 North America Hospital Market by Country, 2019 - 2022, Thousand Units
TABLE 43 North America Hospital Market by Country, 2023 - 2030, Thousand Units
TABLE 44 North America Clinic Market by Country, 2019 - 2022, USD Million
TABLE 45 North America Clinic Market by Country, 2023 - 2030, USD Million
TABLE 46 North America Clinic Market by Country, 2019 - 2022, Thousand Units
TABLE 47 North America Clinic Market by Country, 2023 - 2030, Thousand Units
TABLE 48 North America Diagnostic Center Market by Country, 2019 - 2022, USD Million
TABLE 49 North America Diagnostic Center Market by Country, 2023 - 2030, USD Million
TABLE 50 North America Diagnostic Center Market by Country, 2019 - 2022, Thousand Units
TABLE 51 North America Diagnostic Center Market by Country, 2023 - 2030, Thousand Units
TABLE 52 North America ASCs Market by Country, 2019 - 2022, USD Million
TABLE 53 North America ASCs Market by Country, 2023 - 2030, USD Million
TABLE 54 North America ASCs Market by Country, 2019 - 2022, Thousand Units
TABLE 55 North America ASCs Market by Country, 2023 - 2030, Thousand Units
TABLE 56 North America Ultrasound Transducer Market by Application, 2019 - 2022, USD Million
TABLE 57 North America Ultrasound Transducer Market by Application, 2023 - 2030, USD Million
TABLE 58 North America Ultrasound Transducer Market by Application, 2019 - 2022, Thousand Units
TABLE 59 North America Ultrasound Transducer Market by Application, 2023 - 2030, Thousand Units
TABLE 60 North America General Imaging Market by Country, 2019 - 2022, USD Million
TABLE 61 North America General Imaging Market by Country, 2023 - 2030, USD Million
TABLE 62 North America General Imaging Market by Country, 2019 - 2022, Thousand Units
TABLE 63 North America General Imaging Market by Country, 2023 - 2030, Thousand Units
TABLE 64 North America Cardiovascular Market by Country, 2019 - 2022, USD Million
TABLE 65 North America Cardiovascular Market by Country, 2023 - 2030, USD Million
TABLE 66 North America Cardiovascular Market by Country, 2019 - 2022, Thousand Units
TABLE 67 North America Cardiovascular Market by Country, 2023 - 2030, Thousand Units
TABLE 68 North America Musculoskeletal Market by Country, 2019 - 2022, USD Million
TABLE 69 North America Musculoskeletal Market by Country, 2023 - 2030, USD Million
TABLE 70 North America Musculoskeletal Market by Country, 2019 - 2022, Thousand Units
TABLE 71 North America Musculoskeletal Market by Country, 2023 - 2030, Thousand Units
TABLE 72 North America Vascular Market by Country, 2019 - 2022, USD Million
TABLE 73 North America Vascular Market by Country, 2023 - 2030, USD Million
TABLE 74 North America Vascular Market by Country, 2019 - 2022, Thousand Units
TABLE 75 North America Vascular Market by Country, 2023 - 2030, Thousand Units
TABLE 76 North America OB/GYN Market by Country, 2019 - 2022, USD Million
TABLE 77 North America OB/GYN Market by Country, 2023 - 2030, USD Million
TABLE 78 North America OB/GYN Market by Country, 2019 - 2022, Thousand Units
TABLE 79 North America OB/GYN Market by Country, 2023 - 2030, Thousand Units
TABLE 80 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 81 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 82 North America Others Market by Country, 2019 - 2022, Thousand Units
TABLE 83 North America Others Market by Country, 2023 - 2030, Thousand Units
TABLE 84 North America Ultrasound Transducer Market by Country, 2019 - 2022, USD Million
TABLE 85 North America Ultrasound Transducer Market by Country, 2023 - 2030, USD Million
TABLE 86 North America Ultrasound Transducer Market by Country, 2019 - 2022, Thousand Units
TABLE 87 North America Ultrasound Transducer Market by Country, 2023 - 2030, Thousand Units
TABLE 88 US Ultrasound Transducer Market, 2019 - 2022, USD Million
TABLE 89 US Ultrasound Transducer Market, 2023 - 2030, USD Million
TABLE 90 US Ultrasound Transducer Market, 2019 - 2022, Thousand Units
TABLE 91 US Ultrasound Transducer Market, 2023 - 2030, Thousand Units
TABLE 92 US Ultrasound Transducer Market by Product Type, 2019 - 2022, USD Million
TABLE 93 US Ultrasound Transducer Market by Product Type, 2023 - 2030, USD Million
TABLE 94 US Ultrasound Transducer Market by Product Type, 2019 - 2022, Thousand Units
TABLE 95 US Ultrasound Transducer Market by Product Type, 2023 - 2030, Thousand Units
TABLE 96 US Ultrasound Transducer Market by End Use, 2019 - 2022, USD Million
TABLE 97 US Ultrasound Transducer Market by End Use, 2023 - 2030, USD Million
TABLE 98 US Ultrasound Transducer Market by End Use, 2019 - 2022, Thousand Units
TABLE 99 US Ultrasound Transducer Market by End Use, 2023 - 2030, Thousand Units
TABLE 100 US Ultrasound Transducer Market by Application, 2019 - 2022, USD Million
TABLE 101 US Ultrasound Transducer Market by Application, 2023 - 2030, USD Million
TABLE 102 US Ultrasound Transducer Market by Application, 2019 - 2022, Thousand Units
TABLE 103 US Ultrasound Transducer Market by Application, 2023 - 2030, Thousand Units
TABLE 104 Canada Ultrasound Transducer Market, 2019 - 2022, USD Million
TABLE 105 Canada Ultrasound Transducer Market, 2023 - 2030, USD Million
TABLE 106 Canada Ultrasound Transducer Market, 2019 - 2022, Thousand Units
TABLE 107 Canada Ultrasound Transducer Market, 2023 - 2030, Thousand Units
TABLE 108 Canada Ultrasound Transducer Market by Product Type, 2019 - 2022, USD Million
TABLE 109 Canada Ultrasound Transducer Market by Product Type, 2023 - 2030, USD Million
TABLE 110 Canada Ultrasound Transducer Market by Product Type, 2019 - 2022, Thousand Units
TABLE 111 Canada Ultrasound Transducer Market by Product Type, 2023 - 2030, Thousand Units
TABLE 112 Canada Ultrasound Transducer Market by End Use, 2019 - 2022, USD Million
TABLE 113 Canada Ultrasound Transducer Market by End Use, 2023 - 2030, USD Million
TABLE 114 Canada Ultrasound Transducer Market by End Use, 2019 - 2022, Thousand Units
TABLE 115 Canada Ultrasound Transducer Market by End Use, 2023 - 2030, Thousand Units
TABLE 116 Canada Ultrasound Transducer Market by Application, 2019 - 2022, USD Million
TABLE 117 Canada Ultrasound Transducer Market by Application, 2023 - 2030, USD Million
TABLE 118 Canada Ultrasound Transducer Market by Application, 2019 - 2022, Thousand Units
TABLE 119 Canada Ultrasound Transducer Market by Application, 2023 - 2030, Thousand Units
TABLE 120 Mexico Ultrasound Transducer Market, 2019 - 2022, USD Million
TABLE 121 Mexico Ultrasound Transducer Market, 2023 - 2030, USD Million
TABLE 122 Mexico Ultrasound Transducer Market, 2019 - 2022, Thousand Units
TABLE 123 Mexico Ultrasound Transducer Market, 2023 - 2030, Thousand Units
TABLE 124 Mexico Ultrasound Transducer Market by Product Type, 2019 - 2022, USD Million
TABLE 125 Mexico Ultrasound Transducer Market by Product Type, 2023 - 2030, USD Million
TABLE 126 Mexico Ultrasound Transducer Market by Product Type, 2019 - 2022, Thousand Units
TABLE 127 Mexico Ultrasound Transducer Market by Product Type, 2023 - 2030, Thousand Units
TABLE 128 Mexico Ultrasound Transducer Market by End Use, 2019 - 2022, USD Million
TABLE 129 Mexico Ultrasound Transducer Market by End Use, 2023 - 2030, USD Million
TABLE 130 Mexico Ultrasound Transducer Market by End Use, 2019 - 2022, Thousand Units
TABLE 131 Mexico Ultrasound Transducer Market by End Use, 2023 - 2030, Thousand Units
TABLE 132 Mexico Ultrasound Transducer Market by Application, 2019 - 2022, USD Million
TABLE 133 Mexico Ultrasound Transducer Market by Application, 2023 - 2030, USD Million
TABLE 134 Mexico Ultrasound Transducer Market by Application, 2019 - 2022, Thousand Units
TABLE 135 Mexico Ultrasound Transducer Market by Application, 2023 - 2030, Thousand Units
TABLE 136 Rest of North America Ultrasound Transducer Market, 2019 - 2022, USD Million
TABLE 137 Rest of North America Ultrasound Transducer Market, 2023 - 2030, USD Million
TABLE 138 Rest of North America Ultrasound Transducer Market, 2019 - 2022, Thousand Units
TABLE 139 Rest of North America Ultrasound Transducer Market, 2023 - 2030, Thousand Units
TABLE 140 Rest of North America Ultrasound Transducer Market by Product Type, 2019 - 2022, USD Million
TABLE 141 Rest of North America Ultrasound Transducer Market by Product Type, 2023 - 2030, USD Million
TABLE 142 Rest of North America Ultrasound Transducer Market by Product Type, 2019 - 2022, Thousand Units
TABLE 143 Rest of North America Ultrasound Transducer Market by Product Type, 2023 - 2030, Thousand Units
TABLE 144 Rest of North America Ultrasound Transducer Market by End Use, 2019 - 2022, USD Million
TABLE 145 Rest of North America Ultrasound Transducer Market by End Use, 2023 - 2030, USD Million
TABLE 146 Rest of North America Ultrasound Transducer Market by End Use, 2019 - 2022, Thousand Units
TABLE 147 Rest of North America Ultrasound Transducer Market by End Use, 2023 - 2030, Thousand Units
TABLE 148 Rest of North America Ultrasound Transducer Market by Application, 2019 - 2022, USD Million
TABLE 149 Rest of North America Ultrasound Transducer Market by Application, 2023 - 2030, USD Million
TABLE 150 Rest of North America Ultrasound Transducer Market by Application, 2019 - 2022, Thousand Units
TABLE 151 Rest of North America Ultrasound Transducer Market by Application, 2023 - 2030, Thousand Units
TABLE 152 Key Information – GE HealthCare Technologies, Inc.
TABLE 153 Key Information – Siemens Healthineers AG
TABLE 154 Key Information – FUJIFILM Sonosite, Inc.
TABLE 155 Key Information – Canon, Inc.
TABLE 156 Key Information – Hitachi, Ltd.
TABLE 157 Key Information – SonoScape Medical Corp.
TABLE 158 Key Information – Koninklijke Philips N.V.
TABLE 159 Key Information – Samsung Electronics Co., Ltd.
TABLE 160 Key Information – Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
TABLE 161 Key Information – Esaote SpA
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Ultrasound Transducer Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting ultrasound transducer market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Product Launches and Product Expansions : 2019, Mar – 2023, Jan) Leading Players
FIG 7 Porter’s Five Force Analysis: Ultrasound Transducer Market
FIG 8 North America Ultrasound Transducer Market share by Product Type, 2022
FIG 9 North America Ultrasound Transducer Market share by Product Type, 2030
FIG 10 North America Ultrasound Transducer Market by Product Type, 2019 - 2030, USD Million
FIG 11 North America Ultrasound Transducer Market share by End Use, 2022
FIG 12 North America Ultrasound Transducer Market share by End Use, 2030
FIG 13 North America Ultrasound Transducer Market by End Use, 2019 - 2030, USD Million
FIG 14 North America Ultrasound Transducer Market share by Application, 2022
FIG 15 North America Ultrasound Transducer Market share by Application, 2030
FIG 16 North America Ultrasound Transducer Market by Application, 2019 - 2030, USD Million
FIG 17 North America Ultrasound Transducer Market share by Country, 2022
FIG 18 North America Ultrasound Transducer Market share by Country, 2030
FIG 19 North America Ultrasound Transducer Market by Country, 2019 - 2030, USD Million
FIG 20 Recent strategies and developments: GE HEALTHCARE TECHNOLOGIES, INC.
FIG 21 SWOT Analysis: GE HealthCare Technologies, Inc.
FIG 22 SWOT Analysis: Siemens Healthineers AG
FIG 23 SWOT Analysis: FUJIFILM Sonosite, Inc.
FIG 24 SWOT Analysis: Canon, Inc.
FIG 25 Recent strategies and developments: Hitachi, Ltd.
FIG 26 Swot Analysis: Hitachi, Ltd.
FIG 27 SWOT Analysis: SonoScape Medical Corp.
FIG 28 SWOT Analysis: Koninklijke Philips N.V.
FIG 29 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 30 Recent strategies and developments: Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
FIG 31 SWOT Analysis: Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
FIG 32 SWOT Analysis: Esaote SpA