Cardiovascular Ultrasound Market Revenue to Attain USD 4.37 Bn by 2033


22 Apr 2025

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The global cardiovascular ultrasound market revenue reached USD 3.01 billion in 2025 and is predicted to attain around USD 4.37 billion by 2033 with a CAGR of 6.50%. The market is driven by rising cardiovascular disease rates, technological innovations, and growing non-invasive diagnostic solution preferences.

Cardiovascular Ultrasound Market Revenue Statistics

Market Overview

Ultrasonic waves at high frequencies in echocardiography create detailed images of heart structures and blood vessels without invasive procedures. Standard clinical tests and intensive care units depend on echocardiography for diagnosis since this technology identifies cardiovascular diseases affecting valves, congenital hearts, cardiomyopathies, and pericardial conditions. The cardiovascular health management field operates through echocardiography since technological progress and expanding healthcare availability allow comprehensive care across different patient groups.

The cardiovascular ultrasound market grows because heart diseases are increasing worldwide. Modern diagnostic tools require greater importance due to rising lifestyle factors such as obesity, hypertension, diabetes, and inactive lifestyles. A rise in the elderly population worldwide leads to more cardiovascular testing needs because these individuals face increased heart disease susceptibility. Healthy market expansion occurs because governments invest more in medical infrastructure in developing regions and increase prevention healthcare investments.

Report Highlights 

  • By type, the transthoracic echocardiography (TTE) segment contributed the highest cardiovascular ultrasound market share in 2024. Real-time high-quality imaging of heart anatomy and operation through TTE represents an essential diagnostic method for cardiovascular healthcare. The fetal echocardiography segment is estimated to expand rapidly during the forecast period. The field of fetal echocardiography has improved its examination precision through new imaging approaches that produce enhanced visual clarity. 
  • By technology, the Doppler segment will hold the largest market share in 2024. The Doppler ultrasound technique enhances the diagnosis and monitoring process for cardiovascular and ophthalmic conditions through its potential to show detailed blood flow patterns. The 2D segment is predicted to grow rapidly during the forecast period. Medical practitioners use 2D imaging to assess and diagnose cases.
  • By display, the color segment contributed the highest market share in 2024. Such devices display live images with color indicators that depict flow direction and speed information to improve the precision of cardiovascular examinations. The black and white (b/w) segment is estimated to grow notably during the forecast period. The cardiac ultrasound with a black-and-white display operates at speed and produces simple, effective, real-time imaging results.
  • By end-use, the hospital segment contributed the highest market share in 2024. This technology achieved its dominant position starting from the growing number of outpatient department (OPD) visits along with hospital admissions. The ambulatory care centers segment is estimated to expand significantly during the forecast period because they offer affordable prices with rapid services that require minimal patient invasiveness relative to hospital facilities. 

Increasing Prevalence of Cardiovascular Diseases

The coronary ultrasound market receives support from rising incidence rates of cardiovascular disease, heart attacks and strokes, and hypertension. The market demand for heart condition diagnostics and prevention management systems will grow steadily due to progressive life changes and rising risk factor prevalence.

Technological Advancements

Artificial intelligence in ultrasound imaging enhances workflow outcomes and reduces operator dependence, producing better clinical performance. These systems improve diagnostic precision.

Growing Preference for Non-Invasive Diagnostic Methods

Patients benefit from non-invasive diagnostic methods because healthcare professionals focus on advancing such approaches for their safety advantages and convenience benefits. Echocardiography has become more sought after by diagnostic cardiology departments because patients favor it due to its ease of access and simpler recovery needs, and minimal treatment risks.

Regional Insights

North America dominated the cardiovascular ultrasound market in 2024. Major industry participants and development research collaborate to constantly introduce advanced cardiovascular ultrasound systems that benefit the region. Cardiovascular diseases in America have established the country as a dominant force for regional medical equipment markets because of the country's high disease rates and strong medical demand for precise non-invasive diagnostic tools. 

Market expansion benefits from a skilled medical workforce and rising spending levels with early disease diagnosis practices. The expansion of cardiovascular ultrasound systems gains momentum from public interest in medical care, technological developments, and funding opportunities from national institutions. 

Asia Pacific is anticipated to be the fastest-growing region in the cardiovascular ultrasound market. Rapid healthcare facility expansion and enhanced medical technology investments within China, India, Japan, and South Korea fuel the market growth. Echocardiography has gained importance because Asian Pacific markets experience growing cardiovascular disease cases due to elevated numbers of older adults and urbanization, along with sedentary lifestyles.

Healthcare market growth remains fast-paced because governments introduce healthcare reform initiatives as well as extend medical services through support for non-invasive diagnostic equipment. Healthcare providers in the community, together with technological developments, drive steady growth in the cardiovascular ultrasound device market sector.

  • In February 2024, FUJIFILM India launched the ALOKA ARIETTA 850 Diagnostic Ultrasound System in India at Fortis Hospital Bengaluru in Karnataka state through its first installation with this healthcare facility being the leading services provider in the region.

Cardiovascular Ultrasound Market Coverage

Report Attribute Key Statistics
Market Revenue in 2025 USD 3.01 Billion
Market Revenue by 2033 USD 4.37 Billion
CAGR 6.50%
Quantitative Units Revenue in USD million/billion, Volume in units
Largest Market North America
Base Year 2024
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Market News

  • In June 2024, Philips introduced its AI-powered cardiovascular ultrasound system, which optimizes cardiac ultrasound evaluation with advanced AI systems to help echocardiography staff reduce their workload.
  • In April 2024, GE HealthCare unveiled Caption AI on the Vscan Air SL wireless handheld ultrasound system to allow more clinicians to capture diagnostic-quality cardiac images.
  • In May 2023, Esaote united the European Association of Cardiovascular Imaging Congress in Barcelona alongside its participation with medical diagnostic systems, which include ultrasound, dedicated MRI, and Medical IT systems production. At the event, the company presented its MyLabTMOmega eXP portable ultrasound device, which featured superior cardiac technology with AI-automated capabilities.

Cardiovascular Ultrasound Market Key Players

  • GE Healthcare
  • Koninklijke Philips
  • Siemens Healthineers AG
  • Hitachi Medical Corp.
  • Samsung Medison Co. Ltd.
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (Mindray)
  • Chison Wuxi Xiangsheng Medical Technology Co., Ltd.
  • Fujifilm Sonosite, Inc.

Market Segmentation

By Type

  • Transthoracic Echocardiography
  • Transoesophageal Echocardiography
  • Foetal Echocardiography
  • Others

By Technology 

  • 2D
  • 3D/4D
  • Doppler
  • Others

By Display 

  • Black & White (B/W)
  • Color

By End-use

  • Hospital
  • Diagnostic Centers
  • Ambulatory Care Centers
  • Others


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