Ultrasound Imaging Software Market Size is valued at 917.4 Billion in 2024 and is predicted to reach 2,147.2 Billion by the year 2034 at an 9.0% CAGR during the forecast period for 2025-2034.
Ultrasound Imaging Software is crucial for the proper functioning of an ultrasound system. Increasing technological advancements have fuelled demand for advanced systems and imaging technologies which is expected to drive Ultrasound Imaging Software market growth over the forecast period. The rising prevalence of chronic diseases and increasing preference for early diagnosis are also factors that could majorly cause Ultrasound Imaging Software market growth through 2031. Augmented healthcare expenditure and spending are also anticipated to favor the adoption of Ultrasound Imaging Software. Ultrasound imaging software companies are expected to focus on developing economies where investments in the healthcare sector are increasing. India, China, and Japan are anticipated to be highly lucrative markets for Ultrasound Imaging Software providers through 2031.
The unprecedented emergence of the COVID-19 pandemic led to a substantially negative impact on the global Ultrasound Imaging Software market potential. Lockdown restrictions made it difficult for companies to run their business efficiently, resulting in losses. As the pandemic has subsided and conditions have been lifted, we expect a steady increase in demand for Ultrasound Imaging Software through 2031.
The Ultrasound Imaging Software market is segmented on the basis of service type, Application and end-user. Based on service, the market is segmented as Integrated, Standalone, and Next Generation/AI-based Software. By Application, the market is segmented into radiology, OB/GYN, Urology, Cardiology, and Others (Orthopedic, etc.). By end-user, the market is segmented into hospitals, speciality clinics, and others (ASCs, Research Institutes, etc.)
Rapid technological advancements are expected to boost the adoption of next-generation technologies in healthcare systems and hence will boost Next Generation/AI-based Software segment growth over the forecast period. The stand-alone software segment is expected to account for a major market share in the global Ultrasound Imaging Software landscape across the forecast period. The Next Generation/AI-based Software segment is anticipated to witness the fastest growth through 2031.
The hospital segment is anticipated to account for significant market share as well as revenue share owing to the increasing deployment of ultrasound imaging systems in these establishments. Increasing investments in healthcare infrastructure development are anticipated to boost their spending capacity and hence also favour the adoption of advanced technologies. The rising digitalization of hospitals is also expected to fuel growth in this segment through 2031.
Demand for Ultrasound Imaging Software is expected to have a bright outlook in the region of North America across the forecast period, and this is expected to attract all major Ultrasound Imaging Software market players to this region. The fast adoption of novel technologies is a major factor that is expected to boost the adoption of Ultrasound Imaging Software in this region throughout the forecast period. Rising digitization increasing healthcare spending, the prevalence of chronic diseases, and an increasing geriatric population are prominent factors that influence the Ultrasound Imaging Software market growth over the forecast period through 2031. The United States is anticipated to lead sales of Ultrasound Imaging Software in this region and will be followed by Canada throughout the forecast period. Rising demand for early diagnostics is also expected to favor Ultrasound Imaging Software market growth through 2031.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 917.4 Billion |
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Revenue Forecast In 2031 |
USD 2,147.2 Billion |
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Growth Rate CAGR |
CAGR of 9.0% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Service Type, By Application, By End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; South Korea; South East Asia |
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Competitive Landscape |
AmCad BioMed, Amolab, ContextVision, Caption Health, Inc., DiA Imaging Analysis Ltd., Koios Medical, Inc, eZono, GE Healthcare, iNNOGING Medical Limited, Medecom, Philips Healthcare, PS-Medtech, Siemens Healthineers, MIM Software, Inc., and Esaote SpA |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Ultrasound Imaging Software Market Snapshot
Chapter 4. Global Ultrasound Imaging Software Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis of Key AI in Healthcare Companies
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Major Investment, Partnerships and Collaborations in Ultrasound Device Industry
Chapter 5. Market Segmentation 1: Service Estimates & Trend Analysis
5.1. Service Type & Market Share, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 & 2034 for the following Service Type:
5.2.1. Integrated
5.2.2. Standalone
5.2.3. Next Generation/AI based Software
Chapter 6. Market Segmentation 1: Application Estimates & Trend Analysis
6.1. Application Type & Market Share, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 & 2034 for the following Application Type:
6.2.1. Radiology
6.2.2. OB/GYN
6.2.3. Urology
6.2.4. Cardiology
6.2.5. Others (Orthopedic,etc.)
Chapter 7. Market Segmentation 2: End-user Estimates & Trend Analysis
7.1. End-user & Market Share, 2024 & 2034
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 & 2034 for the following End-user:
7.2.1. Hospitals
7.2.2. Specialty Clinics
7.2.3. Others (ASCs, Research Institutes, etc.)
Chapter 8. Ultrasound Imaging Software Market Segmentation 3: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Ultrasound Imaging Software Market revenue (US$ Million) estimates and forecasts by Service, 2021 & 2034
8.1.2. North America Ultrasound Imaging Software Market revenue (US$ Million) estimates and forecasts by Application, 2021 & 2034
8.1.3. North America Ultrasound Imaging Software Market revenue (US$ Million) estimates and forecasts by End-user, 2021 & 2034
8.1.4. North America Ultrasound Imaging Software Market revenue (US$ Million) estimates and forecasts by country, 2021 & 2034
8.2. Europe
8.2.1. Europe Ultrasound Imaging Software Market revenue (US$ Million) by Service, 2021 & 2034
8.2.2. Europe Ultrasound Imaging Software Market revenue (US$ Million) by Application, 2021 & 2034
8.2.3. Europe Ultrasound Imaging Software Market revenue (US$ Million) by End-user, 2021 & 2034
8.2.4. Europe Ultrasound Imaging Software Market revenue (US$ Million) by country, 2021 & 2034
8.3. Asia Pacific
8.3.1. Asia Pacific Ultrasound Imaging Software Market revenue (US$ Million) by Service, 2021 & 2034
8.3.2. Asia Pacific Ultrasound Imaging Software Market revenue (US$ Million) by Application, 2021 & 2034
8.3.3. Asia Pacific Ultrasound Imaging Software Market revenue (US$ Million) by End-user, 2021 & 2034
8.3.4. Asia Pacific Ultrasound Imaging Software Market revenue (US$ Million) by country, 2021 & 2034
8.4. Latin America
8.4.1. Latin America Ultrasound Imaging Software Market revenue (US$ Million) by Service, 2021 & 2034
8.4.2. Latin America Ultrasound Imaging Software Market revenue (US$ Million) by Application, 2021 & 2034
8.4.3. Latin America Ultrasound Imaging Software Market revenue (US$ Million) by country, (US$ Million) 2021 & 2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Ultrasound Imaging Software Market revenue (US$ Million) by Service, 2021 & 2034
8.5.2. Middle East & Africa Ultrasound Imaging Software Market revenue (US$ Million) by Application, 2021 & 2034
8.5.3. Middle East & Africa Ultrasound Imaging Software Market revenue (US$ Million) by country, 2021 & 2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. AmCad BioMed
9.2.2. Amolab
9.2.3. ContextVision
9.2.4. Caption Health, Inc.
9.2.5. DiA Imaging Analysis Ltd.
9.2.6. Koios Medical, Inc
9.2.7. eZono
9.2.8. GE Healthcare
9.2.9. iNNOGING Medical Limited
9.2.10. Medecom
9.2.11. Philips Healthcare
9.2.12. PS-Medtech
9.2.13. Siemens Healthineers
9.2.14. MIM Software, Inc.
9.2.15. Esaote SpA
9.2.16. Other Prominent Player
By Service Type-
By Application-
By End-User-
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
Rest of Middle East and Africa
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
