|1 Table of Contents 3
|1.1 List of Tables 6
|1.2 List of Figures 6
2 Introduction 7
2.1 What Is This Report About? 7
2.2 Ultrasound Systems Market Segmentation 7
2.3 Definitions of Markets Covered in the Report 8
3 Ultrasound Systems Market, North America 9
3.1 Ultrasound Systems Market, North America, Revenue ($m), 2018-2033 9
3.2 Ultrasound Systems Market, North America, Revenue ($m), 2018-2033 10
3.3 Ultrasound Systems Market, North America, Volume (Units), 2018-2033 12
3.4 Ultrasound Systems Market, North America, Volume (Units), 2018-2033 13
3.5 Ultrasound Systems Market, North America, Company Share by Revenue ($m), 2024 15
4 Ultrasound Systems Market, Canada 17
4.1 Ultrasound Systems Market, Canada, Revenue ($m), 2018-2033 17
4.2 Ultrasound Systems Market, Canada, Volume (Units), 2018-2033 19
4.3 Ultrasound Systems Market, Canada, Average Price ($), 2018-2033 21
4.4 Ultrasound Systems Market, Canada, Company Share by Revenue ($m), 2024 22
5 Ultrasound Systems Market, Mexico 24
5.1 Ultrasound Systems Market, Mexico, Revenue ($m), 2018-2033 24
5.2 Ultrasound Systems Market, Mexico, Volume (Units), 2018-2033 26
5.3 Ultrasound Systems Market, Mexico, Average Price ($), 2018-2033 28
5.4 Ultrasound Systems Market, Mexico, Company Share by Revenue ($m), 2024 29
6 Ultrasound Systems Market, United States 31
6.1 Ultrasound Systems Market, United States, Revenue ($m), 2018-2033 31
6.2 Ultrasound Systems Market, United States, Volume (Units), 2018-2033 33
6.3 Ultrasound Systems Market, United States, Average Price ($), 2018-2033 35
6.4 Ultrasound Systems Market, United States, Company Share by Revenue ($m), 2024 36
7 Overview of Key Companies in North America Ultrasound Systems Market 38
7.1 GE HealthCare Technologies Inc 38
7.1.1 Company Overview 38
7.2 Siemens Healthineers AG 38
7.2.1 Company Overview 38
7.3 Philips Healthcare Informatics Inc 38
7.3.1 Company Overview 38
7.4 Canon Medical Systems Corp 38
7.4.1 Company Overview 38
7.5 Samsung Medison Co Ltd 39
7.5.1 Company Overview 39
7.6 Fujifilm Holdings Corp 39
7.6.1 Company Overview 39
7.7 Esaote SpA 39
7.7.1 Company Overview 39
7.8 Hitachi Healthcare Manufacturing Ltd 39
7.8.1 Company Overview 39
8 Ultrasound Systems Market Pipeline Products 40
9 Recent Developments 45
9.1 Corporate Communications 45
9.1.1 Jul 08, 2025: Medtronic Appoints Chad Spooner as Chief Financial Officer of MiniMed 45
9.1.2 May 21, 2025: Medtronic Announces Leadership Change in Cardiovascular Portfolio 45
9.1.3 Apr 09, 2025: SecondWave secures $7m in funding for ultrasound device 45
9.1.4 Feb 21, 2025: Noris Medical Receives FDA 510(k) Clearance for LONGY-N Implant 46
9.1.5 Sep 23, 2024: OPKO Health’s ModeX Therapeutics Names Giovanni Abbadessa as Chief Medical Officer 46
9.1.6 Jul 29, 2024: UT Tyler receives $481K grant for cutting-edge ultrasound research 47
9.2 Financial Announcements 47
9.2.1 Apr 17, 2025: GE HealthCare to Announce First Quarter 2025 Results on April 30, 2025 47
9.2.2 Jan 23, 2025: GE Aerospace Announces Fourth Quarter 2024 Results 47
9.2.3 Dec 12, 2024: GE HealthCare to Announce Fourth Quarter and Full Year 2024 Results on February 13, 2025 48
9.2.4 Nov 12, 2024: Oxford Instruments Announces Half-Year Results 48
9.3 Government and Public Interest 49
9.3.1 Jul 10, 2025: Study: Quick, Pain-Free Breast Imaging System Shows Promise in Early Clinical Tests 49
9.3.2 Mar 17, 2025: Enveric Biosciences Participating in BIO-Europe Spring 50
9.3.3 Feb 10, 2025: GE Healthcare Management to Present at Upcoming Investor Conference 50
9.3.4 Sep 27, 2024: An Ultrasound-Activated Hydrogel for Steady, Sustained Drug Delivery 50
9.3.5 Sep 25, 2024: Cyclacel Pharmaceuticals Announces Completion of Enrollment in the Biomarker-Enriched Patient Cohort of Its Phase 2 Study 51
9.3.6 Sep 25, 2024: Mineralys Therapeutics Completes Target Enrollment in Pivotal Advance-HTN Trial of Lorundrostat for the Treatment of Hypertension 53
9.3.7 Aug 23, 2024: Moderna Receives Approval for RSV Vaccine mRESVIA 54
9.3.8 Aug 22, 2024: Phase 3 Results of GERD Drug Jaqbo Published in Leading Gastroenterology Journal 55
9.4 Other Significant Developments 56
9.4.1 Jul 14, 2025: BD ChloraPrep Skin Preparation Celebrates 25 years of Leading Skin Antiseptic Innovation and Patient Safety 56
9.4.2 Jun 16, 2025: Debiopharm’s ADC Research Gains Momentum With Launch of First-in-human Trial Assessing Debio 1562M in Acute Myeloid Leukemia Patients 57
9.4.3 Mar 31, 2025: New Ultrasound Imaging Technique Helps Doctors See Inflammatory Bowel Disease Activity at the Bedside with no Sedation or Radiation 58
9.4.4 Jan 13, 2025: EDAP Announces Preliminary Record Fourth Quarter Focal One System Sales and Record U.S. Procedures 59
9.4.5 Nov 12, 2024: Cadrenal Therapeutics Highlights Presentation at European Association for Cardio-Thoracic Surgery Medical Congress 59
9.4.6 Nov 05, 2024: Mindray Partners with TeleRay to Streamline Ultrasound Delivery and Enhance Outcomes 60
9.4.7 Oct 14, 2024: Norton Healthcare Acquires Groundbreaking Focused Ultrasound Technology 60
9.4.8 Sep 11, 2024: Global Ultrasound Institute Unveils Groundbreaking Liver Essentials Course and Fellowship Program 61
9.4.9 Jul 31, 2024: Rett Syndrome Patients Show Further Clinical Improvement After 20 Weeks of NTI164 Treatment 62
9.5 Product News 63
9.5.1 Jul 24, 2025: FUJIFILM Sonosite Redefines Superficial Imaging with the New UHF46-20 Transducer, the World's First 46MHz Ultra High Frequency Transducer for Point-of-Care Ultrasound 63
9.5.2 Jul 14, 2025: New Guideline Improves Patient Access to Advanced Ultrasound Assessment of Liver Diseases and Transplant Options, Experts Say 64
9.5.3 Jun 16, 2025: GE HealthCare Announces Launch of bkActiv S Series 64
9.5.4 Jun 11, 2025: Researchers Solve Ultrasound Imaging Problem Using Seismology Technique 65
9.5.5 May 14, 2025: “Clinically Compelling” Study Shows Contrast-Enhanced Ultrasound (CEUS) Is Safe and Saves Lives 66
9.5.6 Mar 31, 2025: Non-Invasive Ultrasound Treatment Shows Promise for Neuropathic Pain Relief, Feinstein Institutes Research Finds 67
9.5.7 Feb 26, 2025: Esaote Group Presents Integrated Medical Imaging Solutions and Unveils Innovations in Ultrasound Technology 67
9.5.8 Feb 21, 2025: Rice-Led Study Finds Focused Ultrasound Therapy Improves Cancer Treatment 68
9.5.9 Jan 21, 2025: Clarius Announces New Ultrasound Software Innovations to Enhance Efficiency and User Experience 69
9.5.10 Jan 14, 2025: QT Imaging Introduces Machine Learning-Enabled Image Interpolation Algorithm to Substantially Reduce Scan Time 70
9.5.11 Dec 20, 2024: Building a Multilayered Drug Delivery System That’s Activated by Ultrasound 70
9.5.12 Sep 12, 2024: Patented Ultrasound Technologies Improve Diagnosis for Cancer and Other Diseases 71
9.5.13 Sep 06, 2024: Battling Chronic Pain with Noninvasive Focused Ultrasound 72
9.5.14 Sep 05, 2024: Ocuphire Pharma Initiates VEGA-3 Phase 3 Trial Evaluating Phentolamine Ophthalmic Solution
0.75% for Presbyopia 73
9.5.15 Sep 05, 2024: New Cardiology Guidelines Require Use of Ultrasound Enhancing Agent during Stress Echo for Perfusion 75
9.5.16 Jul 30, 2024: Bilateral Focused Ultrasound Shown to be Safe, Effective for Patients with Lingering or Severe Essential Tremor 76
9.6 Strategy And Business Planning 76
9.6.1 Jul 15, 2025: Ultrasound AI Partners with MedLatam to Expand Access to Life-Saving AI-Powered Prenatal Diagnostics Across Brazil 76
9.6.2 Jun 24, 2025: Verasonics Enters Into Partnership With PhotoSound Technologies 77
9.6.3 Jun 17, 2025: Mindray North America Breaks Ground on Major Warehouse Expansion Project in Mahwah, NJ 77
9.6.4 May 12, 2025: Fujifilm Strengthens Partnership With the National Rural Health Association To Improve Access to Medical Imaging in Rural Communities 78
9.6.5 Apr 07, 2025: ContextVision Partners With University of Waterloo in Canada and InPhase Solutions AS in Norway 78
9.6.6 Apr 07, 2025: ContextVision Signs Research Agreement With University of Waterloo’s Laboratory on Innovative Technology in Medical Ultrasound in Canada 79
9.6.7 Mar 20, 2025: HCAP Partners Announces Launch of Integrated Diagnostic Services 80
9.6.8 Mar 18, 2025: NVIDIA Announces Collaboration With GE HealthCare 81
9.6.9 Mar 18, 2025: GE HealthCare Announces Collaboration With NVIDIA at GTC 2025 82
9.6.10 Mar 18, 2025: NVIDIA and GE HealthCare Collaborate to Advance the Development of Autonomous Diagnostic Imaging With Physical AI 83
10 Appendix 85
10.1 Research Methodology 86
10.1.1 Coverage 86
10.1.2 Secondary Research 86
10.1.3 Primary Research 86
10.1.4 Market Modeling and Forecasting 87
10.1.5 Company Share Analysis 88
10.1.6 Benchmarking 89
10.2 GlobalData Consulting 89
10.3 Contact Us 89
10.4 Disclaimer 90