Handheld Ultrasonic Equipment Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 2.5 Billion by 2033 at a CAGR of 8.8% from 2026 to 2033.
The global handheld ultrasonic equipment market was valued at approximately USD 1.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 8.5% from 2022 to 2030. The increasing demand for portable and non invasive diagnostic tools, along with advancements in ultrasonic technology, is fueling the market growth. The market is primarily driven by the healthcare sectors adoption of handheld ultrasound devices for point of care diagnostics and real time imaging. Moreover, the growing applications in industrial inspection and maintenance, where these devices are used for material testing, leak detection, and structural integrity analysis, are expected to further drive market expansion during the forecast period.
Regionally, North America held the largest market share in 2022, accounting for approximately 40% of the global market revenue. This dominance is attributed to the presence of advanced healthcare infrastructure, high adoption of innovative technologies, and substantial investments in the medical device sector. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, with a CAGR of around 9.5%, driven by increasing healthcare investments, growing awareness of non invasive diagnostic technologies, and rapid industrialization in emerging economies such as China and India. Europe also holds a significant share in the market, with a steady demand for handheld ultrasonic devices across both medical and industrial applications.
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GE Healthcare
Philips
Fujifilm SonoSite
Clarius
Healcerion
Konica Minolta
MobiSante
Telemed
MedGyn
Sonoscanner
Wuxi Xiangsheng Medical Technology Co.
Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Handheld Ultrasonic Equipment Market
Handheld Ultrasonic Flow Meters
Handheld Ultrasonic Thickness Gauges
Handheld Ultrasonic Leak Detectors
Handheld Ultrasonic Imaging Devices
Manufacturing & Industrial Applications
Aerospace & Defense
Oil & Gas Industry
Automotive Industry
Healthcare & Medical Diagnostics
Construction & Civil Engineering
Industrial Sector
Healthcare & Medical Sector
Research & Development
Oil & Gas Industry
Automotive Industry
Pulse-Echo Technology
Through-Transmission Technology
Time-of-Flight Technology
Low Frequency (Up to 1 MHz)
Medium Frequency (1 MHz to 10 MHz)
High Frequency (Above 10 MHz)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Handheld Ultrasonic Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Handheld Ultrasonic Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Handheld Ultrasonic Equipment Market, By Type
6. Global Handheld Ultrasonic Equipment Market, By Application
7. Global Handheld Ultrasonic Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Handheld Ultrasonic Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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