Global ultrasound market to be valued at $16b by 2035

Thanks to the rising demand for point-of-care ultrasound devices.

The global ultrasound market is projected to reach $16b by 2035 at a compound annual growth rate of 5.4%, according to Research and Markets.

The sector’s expansion is attributed to the rising demand for point-of-care ultrasound devices and advancements in imaging technology.

“The integration of artificial intelligence and machine learning with imaging technologies has accelerated the use of ultrasound systems for real-time accurate diagnosis,” the report said.

Moreover, research and development initiatives, along with the growing need for precise imaging-based clinical diagnosis, are further driving market growth.