Ultrasound Transducer Market Size and Share

Ultrasound Transducer Market Summary
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Ultrasound Transducer Market Analysis by Mordor Intelligence

The Ultrasound Transducer Market size is estimated at USD 4.24 billion in 2026, and is expected to reach USD 5.06 billion by 2031, at a CAGR of 3.59% during the forecast period (2026-2031).

This steady expansion conceals a structural shift from piezoelectric hospital consoles toward silicon-based arrays that power handheld, AI-enabled devices for bedside and home imaging. Linear probes retained 33.62% of 2025 revenue, but 3D/4D matrix-array transducers are advancing at 7.25% a year as clinicians demand real-time volumetric visualization for obstetrics and structural heart interventions. Piezoelectric designs still held a 62.73% foothold in 2025, yet capacitive micromachined ultrasonic transducers (CMUT) are gaining 6.14% annually on the back of semiconductor foundry scale and RoHS-compliant, lead-free wafers. Cardiovascular imaging accounted for 29.32% of application revenue in 2025, while point-of-care workflows in emergency and critical-care units are climbing at 6.25% thanks to the American College of Emergency Physicians’ nationwide POCUS credential and a wave of FDA-cleared interpretation algorithms.

Key Report Takeaways

  • By product category, linear probes led with 33.62% revenue share in 2025; 3D/4D matrix-array probes are on track to register a 7.25% CAGR through 2031.
  • By technology, piezoelectric crystal designs captured 62.73% of the ultrasound transducer market share in 2025, whereas CMUT architectures are forecast to expand at a 6.14% CAGR to 2031.
  • By application, cardiovascular imaging held 29.32% of the ultrasound transducer market size in 2025 and point-of-care use cases are growing at a 6.25% CAGR during the outlook period.
  • By end user, hospitals commanded 54.73% of 2025 revenue; home-healthcare settings represent the fastest trajectory with a 7.84% CAGR through 2031.
  • By geography, Asia-Pacific generated 32.68% of 2025 revenue and is expected to post a 6.74% CAGR, the highest among regions.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Product: Matrix Arrays Drive Volumetric Imaging

3D/4D matrix-array probes are growing at 7.25%, the fastest across product categories, as obstetricians demand volumetric fetal screening and cardiologists quantify real-time valve regurgitation. Linear probes maintained a 33.62% share in 2025, favored for musculoskeletal and vascular imaging. Convex arrays dominate abdominal and obstetric work, while phased-array probes underpin cardiac imaging. Intracardiac and intravascular catheters command premium prices above USD 1,000 per case, critical to electrophysiology and coronary interventions. CMUT-based handhelds, powered by Infineon’s one-chip solution, streamline manufacturing and meet RoHS lead-free mandates. Veterinary and HIFU applications extend product diversity, and disposable probes gain traction where reprocessing costs approach USD 40 per cycle.

Ultrasound Transducer Market: Market Share by Product
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By Technology: CMUT Challenges Piezoelectric Dominance

Piezoelectric crystal designs still account for 62.73% of 2025 revenue, yet CMUT architectures are rising 6.14% yearly by leveraging semiconductor lithography and eliminating toxic lead. Butterfly’s Ultrasound-on-Chip exemplifies monolithic integration and RoHS compliance. PMUT designs blend thin-film piezo layers with silicon substrates for dermatology and ophthalmology applications demanding sub-50-micron resolution. Disposable and MRI-compatible probes carve out infection-control and interventional niches, broadening the technology palette.

By Application: Point-of-Care Outpaces Traditional Radiology

Point-of-care workflows grow at 6.25%, fueled by handheld devices and FDA-cleared AI aids. Cardiovascular work still leads with a 29.32% revenue share. Musculoskeletal imaging penetrates sports medicine and pain clinics with high-frequency probes, while WHO antenatal guidelines lock in baseline obstetric demand. Urology benefits from AI-guided transrectal biopsies, and oncology expands through HIFU guidance. Veterinary usage widens the application scope, especially in large-animal reproduction.

Ultrasound Transducer Market: Market Share by Application
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By End User: Home Healthcare Disrupts Hospital Hegemony

Hospitals commanded 54.73% of 2025 revenue, but home-healthcare programs are advancing at 7.84% as remote monitoring pairs handheld ultrasound with cloud analytics. Diagnostics centers and ambulatory surgical centers capture share with shorter wait times. Philips Lumify and Exo Iris empower caregivers to capture diagnostic-grade images in patient homes, a model further enabled by CMS’ virtual direct supervision policy.

Geography Analysis

Asia-Pacific generated 32.68% of 2025 revenue and is poised for a 6.74% CAGR through 2031. India’s Production-Linked Incentive program triggered 19 greenfield projects, including Siemens Healthineers’ INR 91.9 crore (USD 11 million) ultrasound plant announced in May 2025, while Medtronic earmarked USD 350 million to enlarge its Hyderabad campus in March 2024, reinforcing confidence in local supply chains. China’s 2024 device-regulation revision accelerated Fujifilm’s USD 120 million Suzhou expansion and cleared Olympus to register an advanced gastroscope with an integrated transducer in August 2025. Samsung Medison unveiled the R20 premium scanner at RSNA 2025, highlighting Seoul’s push for AI-centric imaging exports. Japan’s AMED continues to fund elastography and photoacoustic prototypes, ensuring a pipeline of high-frequency transducer innovations. Australia’s Therapeutic Goods Administration aligns with EU MDR pathways, preserving streamlined entry for systems already cleared in Europe. Collectively, the region blends domestic manufacturing incentives, regulatory reform, and chronic-disease demand to sustain above-average growth.

North America and Europe remain the largest revenue pools but advance at below-trend rates as reimbursement pressure curbs capital budgets. CMS cut the Medicare conversion factor by 2.8% in 2025 and applied a 2.5% efficiency adjustment in the 2026 fee schedule, dampening outpatient upgrade cycles. Philips partnered with Mass General Brigham in February 2025 to harvest de-identified echo and vascular data for AI training, illustrating how software ecosystems offset hardware margin compression. Germany’s EUR 700 million microelectronics plan, announced in October 2025, seeks local piezoelectric wafer capacity and less reliance on Asian suppliers.

Middle East & Africa and South America post the sharpest epidemiologic shifts yet wrestle with funding gaps and regulatory complexity. Gulf Cooperation Council hospitals are importing premium consoles under broader diversification agendas, while refurbished units dominate procurement in Sub-Saharan clinics. Brazil’s ANVISA shortened approval timelines to nine months, encouraging distributors to stock newer probes that meet ISO 13485 requirements. Argentina’s currency volatility steers buyers toward extended service contracts, and South Africa’s SAHPRA alignment with WHO prequalification facilitates faster entry for FDA-cleared handhelds, positioning distributed imaging as a solution for rural access constraints.

Ultrasound Transducer Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The ultrasound transducer market shows moderate fragmentation. Philips forged interoperability deals with ventilator and anesthesia vendors in July 2025, embedding ultrasound data into broader care ecosystems. GE Healthcare’s Venue R6, launched in September 2025, ships with Verisound AI, tapping its 500,000-unit installed base for recurring software income. Mindray pushes into premium tiers via the Nuewa R9 Platinum cloud-connected system. New entrants leverage chip economics and AI: Infineon’s one-chip CMUT shrinks bill-of-materials by 30%, and Exo pairs SweepAI with Samsung Medison manufacturing scale. Veterinary and HIFU segments remain open for niche innovators.

Ultrasound Transducer Industry Leaders

  1. Koninklijke Philips N.V

  2. Siemens Healthineers

  3. Canon Medical Systems

  4. GE Healthcare

  5. Fujifilm Holdings

  6. *Disclaimer: Major Players sorted in no particular order
Ultrasound Transducer Market Concentration
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Recent Industry Developments

  • December 2025: Samsung Medison introduced the R20 ultrasound system at RSNA 2025, offering AI-driven diagnostics and validated ergonomic updates.
  • October 2025: Germany allocated EUR 700 million to expand microelectronics capacity for piezoelectric materials, strengthening regional supply resilience.
  • June 2025: Verasonics added new configurations and an Acquisition SDK to its Vantage NXT research platform.

Table of Contents for Ultrasound Transducer Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rapid Migration Toward Minimally Invasive & Image-Guided Interventions
    • 4.2.2 Growing Prevalence of Cardiovascular & Abdominal Disorders
    • 4.2.3 Expanding Obstetric Screening in Emerging Economies
    • 4.2.4 Increasing Average Maternal Age in Developed Regions
    • 4.2.5 Surge In AI-Assisted Point-Of-Care (POC) Ultrasound Adoption
    • 4.2.6 Supply-Chain Localization for Piezoelectric Crystals Amid Trade Tensions
  • 4.3 Market Restraints
    • 4.3.1 High Upfront Cost of Premium Ultrasound Platforms
    • 4.3.2 Reimbursement Gaps for Outpatient Ultrasound Procedures
    • 4.3.3 Shortage of Trained Sonographers, Especially in Rural Settings
    • 4.3.4 Limited Global Capacity for Single-Crystal Piezoelectric Materials
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value in USD)

  • 5.1 By Product
    • 5.1.1 Convex (Curvilinear)
    • 5.1.2 Linear
    • 5.1.3 Endocavitary (Transvaginal & Transrectal)
    • 5.1.4 Phased-Array
    • 5.1.5 Continuous-Wave (CW) Doppler
    • 5.1.6 High-Frequency Linear (≥20 MHz)
    • 5.1.7 3D / 4D Matrix-Array
    • 5.1.8 Intracardiac & Intravascular (ICE/IVUS)
    • 5.1.9 Capacitive Micromachined Ultrasonic Transducers (CMUT)
    • 5.1.10 Others
  • 5.2 By Technology
    • 5.2.1 Piezoelectric Crystal
    • 5.2.2 CMUT
    • 5.2.3 PMUT
    • 5.2.4 Single-Use / Disposable
    • 5.2.5 MRI-Compatible
  • 5.3 By Application
    • 5.3.1 Cardiovascular
    • 5.3.2 Musculoskeletal
    • 5.3.3 OB/GYN & Prenatal
    • 5.3.4 General Imaging
    • 5.3.5 Point-of-Care & Emergency Medicine
    • 5.3.6 Urology & Prostate
    • 5.3.7 Oncology
    • 5.3.8 Veterinary
    • 5.3.9 Others
  • 5.4 By End User
    • 5.4.1 Hospitals
    • 5.4.2 Diagnostic Imaging Centers
    • 5.4.3 Ambulatory Surgical Centers
    • 5.4.4 Home Healthcare Settings
    • 5.4.5 Veterinary Clinics
    • 5.4.6 Others
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 France
    • 5.5.2.3 United Kingdom
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 South Korea
    • 5.5.3.5 Australia
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East & Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East & Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.3.1 Alpinion Medical Systems
    • 6.3.2 BK Medical
    • 6.3.3 Broadsound Corporation
    • 6.3.4 Butterfly Network
    • 6.3.5 Canon Medical Systems
    • 6.3.6 Clarius Mobile Health
    • 6.3.7 ESAOTE S.p.A.
    • 6.3.8 Fujifilm Holdings
    • 6.3.9 GE Healthcare
    • 6.3.10 Hitachi Healthcare
    • 6.3.11 Hologic Inc.
    • 6.3.12 Imotek
    • 6.3.13 Konica Minolta Ultrasound
    • 6.3.14 Koninklijke Philips N.V.
    • 6.3.15 Samsung Medison
    • 6.3.16 Shenzhen Mindray Bio-Medical Electronics
    • 6.3.17 Siemens Healthineers
    • 6.3.18 SonoScape Medical
    • 6.3.19 Telemed Ultrasound Medical System
    • 6.3.20 Terason

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Global Ultrasound Transducer Market Report Scope

As per the scope of the report, an ultrasound transducer is a probe that produces sound waves and makes echoes. The device is used in surgical, diagnostic, and non-invasive procedures. 

The ultrasound transducer market is segmented by product, technology, application, end user, and geography. By product, the market is segmented into Convex, Linear, Endocavitary, Phased-Array, CW Doppler, High-Frequency Linear, 3D/4D Matrix-Array, ICE/IVUS, CMUT, and Others. By Technology, the market is segmented into Piezoelectric Crystal, CMUT, PMUT, Single-Use, and MRI-Compatible. By Application, the market is segmented into Cardiovascular, Musculoskeletal, OB/GYN, General Imaging, Point-of-Care, Urology, Oncology, Veterinary, and Others. By End User, the market is segmented into Hospitals, Diagnostic Centers, ASCs, Home Healthcare, Veterinary Clinics, and Others. By Geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Product
Convex (Curvilinear)
Linear
Endocavitary (Transvaginal & Transrectal)
Phased-Array
Continuous-Wave (CW) Doppler
High-Frequency Linear (≥20 MHz)
3D / 4D Matrix-Array
Intracardiac & Intravascular (ICE/IVUS)
Capacitive Micromachined Ultrasonic Transducers (CMUT)
Others
By Technology
Piezoelectric Crystal
CMUT
PMUT
Single-Use / Disposable
MRI-Compatible
By Application
Cardiovascular
Musculoskeletal
OB/GYN & Prenatal
General Imaging
Point-of-Care & Emergency Medicine
Urology & Prostate
Oncology
Veterinary
Others
By End User
Hospitals
Diagnostic Imaging Centers
Ambulatory Surgical Centers
Home Healthcare Settings
Veterinary Clinics
Others
By Geography
North AmericaUnited States
Canada
Mexico
EuropeGermany
France
United Kingdom
Italy
Spain
Rest of Europe
Asia-PacificChina
Japan
India
South Korea
Australia
Rest of Asia-Pacific
Middle East & AfricaGCC
South Africa
Rest of Middle East & Africa
South AmericaBrazil
Argentina
Rest of South America
By ProductConvex (Curvilinear)
Linear
Endocavitary (Transvaginal & Transrectal)
Phased-Array
Continuous-Wave (CW) Doppler
High-Frequency Linear (≥20 MHz)
3D / 4D Matrix-Array
Intracardiac & Intravascular (ICE/IVUS)
Capacitive Micromachined Ultrasonic Transducers (CMUT)
Others
By TechnologyPiezoelectric Crystal
CMUT
PMUT
Single-Use / Disposable
MRI-Compatible
By ApplicationCardiovascular
Musculoskeletal
OB/GYN & Prenatal
General Imaging
Point-of-Care & Emergency Medicine
Urology & Prostate
Oncology
Veterinary
Others
By End UserHospitals
Diagnostic Imaging Centers
Ambulatory Surgical Centers
Home Healthcare Settings
Veterinary Clinics
Others
By GeographyNorth AmericaUnited States
Canada
Mexico
EuropeGermany
France
United Kingdom
Italy
Spain
Rest of Europe
Asia-PacificChina
Japan
India
South Korea
Australia
Rest of Asia-Pacific
Middle East & AfricaGCC
South Africa
Rest of Middle East & Africa
South AmericaBrazil
Argentina
Rest of South America
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Key Questions Answered in the Report

How large is the ultrasound transducer market in 2026?

The ultrasound transducer market size reached USD 4.24 billion in 2026 and is projected to rise to USD 5.06 billion by 2031.

Which product type leads revenue?

Linear probes led with 33.62% of 2025 revenue, but 3D/4D matrix-array probes are the fastest growing.

What region is expanding the fastest?

Asia-Pacific is forecast to grow at a 6.74% CAGR through 2031, buoyed by local manufacturing incentives.

Who are the major players?

GE Healthcare, Philips, Siemens Healthineers, Canon Medical Systems, and Mindray together hold about 45% of revenue.

How is AI influencing adoption?

More than 30 FDA-cleared AI algorithms now automate image interpretation, lowering skill barriers and accelerating point-of-care use.

What hampers wider uptake?

High upfront costs, reimbursement cuts, a sonographer shortage, and limited supply of single-crystal piezo materials restrain growth.

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