The primary reason behind the accelerating growth of the market is the high-quality images with high pixels and optimal resolution of internal organs & tissues. Also, the integration of 4D/3D ultrasound systems facilitates healthcare professionals to provide real-time images of the organs to their clients and also helps in better understating their disorders. Moreover, 4D/3D ultrasound systems allow pregnant women to effectively look into the clear images of their fetuses.

According to the report published by Markntel Advisors, “Global Next-Generation Ultrasound System Market Research Report: Next-Generation Ultrasound Systems Market Report - By Product Type (Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems, High-Intensity Focused Ultrasound, Extracorporeal Shock Wave Lithotripsy, Doppler Ultrasound, Others (Contrast Agent-based Ultrasound, Ultrasound Probes and Transducers, etc.)), By Technology (4D/3D Ultrasound Systems, 2D Ultrasound Systems, Others (Fusion Imaging, Tissue Harmonic Imaging, etc.)), By Application (General Imaging, Cardiovascular Imaging, Obstetrics and Gynecology Imaging, Lung Imaging, Urology Imaging, Orthopedics Imaging, Others (Kidney Imaging, Abdomen Imaging, etc.)), By Portability (Cart/Trolley-Based Systems, Handheld Devices and Wearables), By End Users (Hospitals, Diagnostics Laboratories and Imaging Centers, Clinics, Ambulatory Surgical Center, Others (Research Institutes, Veterinary Clinics, etc.)), and Others Forecast (2024-2030)”, The Global Next-Generation Ultrasound Systems Market size was valued at around USD 10.3 billion in 2023 & is expected to reach about USD 15.79 billion by 2030. The market is expected to grow at a CAGR of around 6.3% during the forecast period of 2024-30.

Emerging technological advancement and the growing adoption of Portable & Handheld Ultrasound Devices

The inclination towards user-friendliness and portable and handheld ultrasound devices resulted in acceptance as a growing trend. These advanced features facilitate medical institutions in diagnostic applications. The adoption has been majorly increasing for diagnosing heart and lung assessments, as handheld devices offer extreme user convenience to healthcare professionals.

Segmentation Analysis

The Global Next-Generation Ultrasound Systems Market is segmented into four segments based on type, Technology, and user type.

• On the basis of Technology, the market is segmented into 4D/3D Ultrasound Systems, 2D Ultrasound Systems, and Others (Fusion Imaging, Tissue Harmonic Imaging, etc.), in 2024, 4D/3D Ultrasound Systems is expected to dominate the Global Next-Generation Ultrasound Systems Market.

• On the basis of End Users, the market is segmented into Hospitals, Ambulatory Surgical Centres, and Diagnostics Laboratories and Imaging Centres, Clinics, and Others (Research Institutes, Veterinary Clinics, etc.), in 2024, Hospital is expected to dominate the Global Next-Generation Ultrasound Systems Market.

Top Global Market Players

GE Healthcare Technologies Inc., Butterfly Network Inc., Canon Medical Systems Corporation, Clarius Mobile Health Corporation, Esaote SpA, Fujifilm Holdings Corporation, and Konica Minolta Healthcare Americas, Inc., are the major players in the market.

Market Development

• 2024: GE HealthCare Technologies Inc. launched its next-generation LOGIQ ultrasound portfolio that includes LOGIQ Totus representing the company’s advancements in precision care.
• 2022: Butterfly Network Inc. announced that it received FDA clearance for its next-generation handheld ultrasound system Butterfly Iq3 Point-of-Care (POCUS) system.

Regional Analysis

Geographically, the countries covered in the Global Next-Generation Ultrasound Systems Market are the U.S., Canada, Mexico. Europe, Germany, U.K., France, Spain, Italy, Turkey, Russia, Belgium, Netherlands, Switzerland, Denmark, Sweden, Norway, Finland, Poland, and Rest of Europe, China, Japan, South Korea, Australia, Malaysia, New Zealand, Singapore, India, Thailand, Indonesia, Philippines, Taiwan, Vietnam, Rest of Asia Pacific, U.A.E., Saudi Arabia, Egypt, Israel, South Africa, Oman, Bahrain, Kuwait, Qatar, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.

Asia-Pacific region fosters a substantial market share

This is due to the significant primary reasons such as rising cases of chronic diseases, and the growing elderly population in the particular region, also the rapid development in healthcare infrastructure in countries such as China, India, Japan, etc., led to flourishing requirements for Next-generation ultrasound systems. Moreover, the accelerating medical tourism in India, Malaysia, etc., owing to affordable medical treatment also demonstrates the significant growth of the global market.

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