Ultrasound Market Size&Forecast

The Ultrasound Market is expected to reach $18.07 Billion by 203l, at a CAGR of 5.8% from 2024to 2031. The growth of the ultrasound market is driven by the aging population with chronicdisorders, advancements in ultrasound device technology, the rising number of diagnosticimaging centers and hospitals, the rising incidence of orthopedic injuries and musculoskeletadisorders, and the increasing public & private investments, funding, and grants for ultrasounddevice development.

Furthermore, the emergence of point-of-care ultrasound devices and the demand fromemerging economies are expected to create market growth opportunities.