Asia-Pacific Ultrasound Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Asia-Pacific Ultrasound Devices Market is segmented By Application, By Technology (2D Ultrasound Imaging, 3D and 4D Ultrasound Imaging, Doppler Imaging and High-intensity Focused Ultrasound), By Type, and Geography.

Market Snapshot

Picture1  APAC U
Study Period: 2018 - 2026
Base Year: 2021
CAGR: 7.6 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The Asia-Pacific ultrasound devices market is expected to register a CAGR of nearly 7.6% during the forecast period. The Asia-Pacific region is undergoing rapid population changes, leading to a surge in the diseased population, driving the growth of the ultrasound devices market. The other major factors, such as technological advancements taking place in the development of ultrasound devices, rising demand for the diagnosis of various diseases, increasing incidences of chronic ailments, growing public awareness about the need for diagnosis, increased adoption of diagnostic imaging, contribute to the growth of the market studied. 

According to the World Population Ageing 2019 report, in China population aged above 65 years or over is expected to reach 246.98 million by 2030 from 164.48 million in 2019. As the aged population are more prone to chronic diseases and the market of ultrasound devices is expected to grow during the forecast period.​ On the other hand, the rising demand for refurbished medical imaging devices, expensive procedures, reimbursement issues, and concerns pertaining to regulatory framework are restraining the market studied.

Scope of the Report

As per the scope of the report, ultrasound, also known as sonography, is an imaging technique that uses high-frequency sound waves to produce images of the different structures inside the body. Ultrasound is being utilized for the assessment of various conditions of the kidney, liver, and other abdominal conditions. It is also majorly used for chronic diseases, which include health conditions, such as heart diseases, asthma, cancer, and diabetes. Thus, ultrasound devices are being utilized as both diagnostic imaging and therapeutic modality, and have a wide range of applications in the medical field. The Asia-Pacific ultrasound devices market is segmented by application, technology, type, and geography.

By Application
Critical Care
Other Applications
By Technology
2D Ultrasound Imaging
3D and 4D Ultrasound Imaging
Doppler Imaging
High-intensity Focused Ultrasound
By Type
Stationary Ultrasound
Portable Ultrasound
South Korea
Rest of Asia-Pacific

Report scope can be customized per your requirements. Click here.

Key Market Trends

3D and 4D Ultrasound Imaging Segment is is Expected to Hold a Major Market Share in the Asia-Pacific Ultrasound Devices Market

The 3D and 4D ultrasound imaging holds the major share in the market studied, owing to the extensive technological advancements in the development of 3Dand 4D ultrasound devices, favourable reimbursements, a wide range of applications, and added advantages with the devices, such as HD motion and 3D and 4D visualizations.

Moreover, the Japanese population is also ageing faster than any other nation. As per the Health and Welfare Ministry of Japan has estimated that the above 65 years age group will account for 40% of the population by 2060. Therefore, the increasing geriatric population requires services frequently, and hence provide a good customer base for ultrasound devices market.​

Major players in the Asia-Pacific region are also focusing on growth strategies, such as product launches, mergers, partnerships, etc. For instance, in January 2018, GE Healthcare collaborated with around 100 skill partners across India, to train over one lakh youth for the healthcare industry in various functions, such as x-ray, operation theatre, and ultrasound, to expand operations in the African and ASEAN countries.

Asia key trend 3.png

Competitive Landscape

The Asia-Pacific Ultrasound Devices Market is fragmented competitive and consists of several major players. The market studied comprises of major market players, who are focusing on R&D, in order to form a stable and safe formulation. The market has been witnessing technological developments on a large scale, for the past couple of years. Some of the market players are Fujifilm, GE Healthcare, Hitachi Medical Corporation, Phillips Healthcare, Canon Medical Systems Corporation (Toshiba Medical Systems), Analogic Corporation, and Samsung. For instance, in November 2016, Konica Minolta Healthcare entered into a partnership with Mindray, to launch exclusive musculoskeletal (MSK) portable ultrasound solutions in the market.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Growing Public Awareness about Need for Diagnosis

      2. 4.2.2 Increased Adoption of Diagnostic Imaging

      3. 4.2.3 Increasing Aging Population

      4. 4.2.4 Rapid Technological Advancements

    3. 4.3 Market Restraints

      1. 4.3.1 Reimbursement Concerns

      2. 4.3.2 High Costs Associated with the Devices and Procedures

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 By Application

      1. 5.1.1 Anesthesiology

      2. 5.1.2 Cardiology

      3. 5.1.3 Gynecology/Obstetrics

      4. 5.1.4 Musculoskeletal

      5. 5.1.5 Radiology

      6. 5.1.6 Critical Care

      7. 5.1.7 Other Applications

    2. 5.2 By Technology

      1. 5.2.1 2D Ultrasound Imaging

      2. 5.2.2 3D and 4D Ultrasound Imaging

      3. 5.2.3 Doppler Imaging

      4. 5.2.4 High-intensity Focused Ultrasound

    3. 5.3 By Type

      1. 5.3.1 Stationary Ultrasound

      2. 5.3.2 Portable Ultrasound

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. South Korea

        6. Rest of Asia-Pacific


    1. 6.1 Company Profiles

      1. 6.1.1 Analogic Corporation

      2. 6.1.2 Fujifilm Holdings Corporation

      3. 6.1.3 GE Healthcare

      4. 6.1.4 Hitachi Medical Corporation

      5. 6.1.5 Koninklijke Philips NV

      6. 6.1.6 Mindray Medical International Ltd

      7. 6.1.7 Hologic Inc.

      8. 6.1.8 Samsung Healthcare

      9. 6.1.9 Canon Medical Systems Corporation (Toshiba Medical Systems)

    2. *List Not Exhaustive

**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Asia-Pacific Ultrasound Devices Market market is studied from 2018 - 2026.

The Asia-Pacific Ultrasound Devices Market is growing at a CAGR of 7.6% over the next 5 years.

Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Corporation, Phillips Healthcare, Canon Medical Systems Corporation (Toshiba Medical Systems) are the major companies operating in Asia-Pacific Ultrasound Devices Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!