Europe Ultrasound Device Market: Analysis and Growth Forecast (2024-2032)

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Europe Ultrasound Device Market: Analysis and Growth Forecast (2024-2032)

The Europe Ultrasound Device Market was valued at US$ 2.47 billion in 2023 and is projected to reach US$ 3.95 billion by 2032, growing at a CAGR of 5.32% from 2024 to 2032. This growth is driven by the increasing use of diagnostic imaging and advancements in ultrasound technology across Europe’s healthcare systems. The non-invasive, cost-effective, and safe nature of ultrasound technology makes it increasingly popular compared to other imaging techniques.

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Europe Ultrasound Device Market Overview

Ultrasound devices use high-frequency sound waves to generate images of internal body structures and are widely used in diagnostics, including obstetrics, cardiology, musculoskeletal, and abdominal scans. As they are non-invasive and radiation-free, they are especially safe for patients, including pregnant women. Ultrasound technology works by transmitting sound waves into the body, where they bounce off tissues and organs, creating detailed images used for diagnosis and monitoring.

In Europe, ultrasound devices are extensively utilized in both public and private healthcare sectors, particularly for routine screenings in obstetrics and gynecology. The aging population in Europe further drives demand for these devices in cardiovascular and musculoskeletal assessments. Innovations such as portable and 3D/4D ultrasound systems are enhancing the technology’s adoption across the region.

Key Growth Drivers in the European Ultrasound Device Industry

1. Rising Demand for Preventive Healthcare and Early Diagnosis

Governments and healthcare providers across Europe emphasize preventive healthcare, driving the demand for ultrasound devices. Ultrasound technology is widely used for routine screenings, particularly in obstetrics, gynecology, and cardiovascular assessments. It is also vital for early detection of tumors, cysts, and fetal abnormalities. With the focus on early diagnosis to improve outcomes and reduce healthcare costs, the demand for efficient, accessible imaging solutions is fueling the market’s growth.

2. Technological Advancements and Innovation

Advances in portable, 3D/4D, and AI-powered ultrasound devices are significantly boosting the European market. Portable handheld devices offer flexibility for point-of-care applications, especially in remote or underserved areas. 3D/4D ultrasound systems provide detailed, high-resolution images, enhancing diagnostic accuracy. AI integration in ultrasound devices automates image analysis, improving diagnostic efficiency and accessibility.

3. Growing Geriatric Population and Chronic Disease Burden

Europe’s aging population is a major growth driver for the ultrasound device market. As the elderly population increases, so does the prevalence of chronic conditions like cardiovascular diseases, musculoskeletal disorders, and cancer. Ultrasound devices offer a non-invasive, cost-effective solution for diagnosing and monitoring these conditions. The growing need for regular imaging in chronic disease management is expanding the use of ultrasound devices in hospitals, clinics, and long-term care settings across Europe.

France Ultrasound Device Market

The French ultrasound device market is growing steadily, fueled by advancements in medical technology and rising demand for diagnostic imaging. Healthcare infrastructure expansion and a focus on early disease detection are key contributors to this growth. Technological innovations, such as portable and high-resolution ultrasound devices, improve diagnostic accuracy and patient convenience. The aging population in France further boosts demand for ultrasound services. Government initiatives to enhance healthcare accessibility and affordability are also driving market growth.

Major Players in the Europe Ultrasound Device Market

Key companies leading the market include:

  • Fujifilm Holdings Corporation
  • GE Healthcare
  • Hitachi Medical Corporation
  • Philips Healthcare
  • Samsung
  • Siemens Healthcare
  • Canon Medical Systems Corporation
  • Mindray Medical International Limited

Recent Developments in the Europe Ultrasound Device Market

  • In October 2023, Razom and Butterfly Network, Inc. expanded their global health cooperation by delivering 200 Butterfly iQ+ ultrasound units to Ukrainian frontline medical personnel.
  • In December 2022, Siemens Healthineers AG announced the establishment of its first ultrasound production facility in Europe, designed to produce parts for all general imaging and cardiovascular ultrasound systems, with a weekly capacity of 120 systems.
  • In May 2022, seven ultra-portable wireless ultrasound scanners for Apple and Android devices from Clarius received CE mark approval.

Market Segmentation

By Application:

  1. Anesthesiology
  2. Cardiology
  3. Gynecology/Obstetrics
  4. Musculoskeletal
  5. Vascular
  6. Others

By Technology:

  1. 2D Ultrasound Imaging
  2. 3D and 4D Ultrasound Imaging
  3. Doppler Imaging
  4. High-intensity Focused Ultrasound

By Type:

  1. Stationary Ultrasound
  2. Portable Ultrasound

By End Users:

  1. Hospitals
  2. Diagnostic Centers
  3. Other End Users

By Region:

  1. Germany
  2. United Kingdom
  3. France
  4. Italy
  5. Spain
  6. Rest of Europe

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About Renub Research

Renub Research is a market research and information analysis company with over 15 years of experience in research, surveys, and consulting. We have published more than 9000 syndicated reports and completed over 750 custom research projects. We provide insights for key clients, including EMIS, Bloomberg, and Thomson Reuters, across various markets.

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