Global Medical Ultrasound Probe market will reach 3432 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/10/23

The global medical ultrasound probe industry has a rather high concentration. The major manufacturers are concentrated in North America, Europe and Asia Pacific, such as GE, Siemens, Philips, SonoSite and Toshiba. At present, GE is the world leader, holding 16.25% sales market share in 2018.

The global consumption of medical ultrasound probe increases from861.79 K Units in 2014 to 1027.83 K Units in 2018, at a CAGR of 4.50%. In 2018, the global medical ultrasound probe consumption market is led by North America. North America is the largest region consumption market accounting for about 33.07% share.

Medical ultrasound probe downstream is wide. Globally, the medical ultrasound probe market is mainly driven by rigid demand from carious medical centers. OB-GYN accounts for the largest share with 43.39% in 2018.

Medical ultrasound probe can be mainly divided into Linear Type, Convex Type, Phased Array Type and Endocavitary Type. Convex Type captures about 49.64% market share in 2018 and is the most widely used type in those probe series.

Global market is expected to witness significant growth on account of rising applications, and the consumption will show a trend of steady growth. In 2025 global market size of medical ultrasound probe is estimated to be 3432 million USD, from 3147 million USD in 2019, with the CAGR of 1.45%.

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