Compact Ultrasound Equipment Market Investment Opportunities and Funding Trends 2032

Compact Ultrasound Equipment Market Investment Opportunities and Funding Trends 2032, updated 8/5/25, 4:22 AM

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Compact Ultrasound Equipment Market Outlook in
Hospitals, Clinics, and Home Settings 2032
The compact ultrasound equipment market focuses on portable ultrasound devices used for medical
imaging across various specialties such as cardiology, obstetrics, and emergency care. These systems are
smaller and more mobile than traditional machines, making them ideal for point-of-care use in hospitals,
clinics, and remote settings. The market is growing due to the increasing demand for quick and non-invasive
diagnostics, advances in imaging technology, and the expansion of telemedicine. North America currently
leads in adoption, while the Asia-Pacific region is witnessing rapid growth due to improving healthcare
access and rising awareness of portable diagnostic tools.
According to Fortune Business Insights, the global compact ultrasound equipment market was valued at USD
2.65 billion in 2024 and is projected to grow from USD 2.97 billion in 2025 to USD 6.40 billion by 2032,
exhibiting a compound annual growth rate (CAGR) of 11.6% during the forecast period. In 2024, North
America led the market with a 35.84% share.
Top Companies In The Market
 GE HealthCare (U.S.)
 Siemens Healthineers AG (Germany)
 CANON MEDICAL SYSTEMS CORPORATION (Japan)
 Butterfly Network, Inc. (U.S.)
 Koninklijke Philips N.V. (Netherlands)
 Konica Minolta, Inc. (Japan)
 FUJIFILM Corporation (Japan)
 Esaote SPA (Italy)
 Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
Industry Development
In March 2024, Butterfly Network, Inc. launched its first specialty compact ultrasound product in the U.S.—
the iQ+ Bladder. This bundled solution includes an iQ+ Bladder probe, user-friendly software, a compact
rolling cart, tablet, and power splitter—designed to facilitate automated bladder volume measurements and
3D visualization by nursing staff in seconds.
Market Drivers & Restraints
The compact ultrasound segment is gaining momentum due to increasing prevalence of chronic diseases,
rising emphasis on early detection and preventive healthcare, and demand for portable imaging systems in
diverse clinical settings. High burden of cardiovascular disease and other non-communicable diseases
globally is fueling adoption of mobile diagnostic tools.
However, further adoption faces constraints such as image-quality limitations compared to full-scale console
systems, along with cost considerations and slower deployment in settings with constrained budgets—and
these factors may moderate growth.



Market Report Coverage
The Fortune Business Insights report offers comprehensive coverage across:
 Market sizing and forecasts (2019–2024 historical, 2025–2032 projection)
 Segmentation by product type (e.g. built-in console vs touchscreen systems)
 Segmentation by imaging type (2D, 3D, and 4D)
 By application (radiology, cardiology, gynecology, others)
 By end-user (hospitals & clinics, diagnostic centers, other settings)
 Regional breakdown (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
 A detailed competitive landscape, including profiles of leading players
 Drivers, restraints, and strategic trends.
Market Competitive Landscape
According to the report, the compact ultrasound market is semi-consolidated with top vendors—such as
Koninklijke Philips N.V., FUJIFILM, CANON MEDICAL SYSTEMS, Konica Minolta, GE HealthCare and Siemens
Healthineers—holding significant shares globally. Many of these players pursue strategic partnerships to
enhance their compact device portfolios.
Market Segments

https://www.fortunebusinessinsights.com/compact-ultrasound-equipment-market-113461

By product type: The market is divided into built-in console models and touchscreen systems. Touchscreen
compact ultrasound equipment is projected to grow rapidly from 2025 to 2032, powered by innovations in
usability and broader diagnostic functionality.
By imaging type: The 3D imaging segment is expected to dominate the market during the forecast period,
as manufacturers focus on delivering advanced imaging solutions in compact form factors. 3D adoption is
projected to outpace 2D and emerging 4D segments.
By application: Cardiology is among the fastest-growing applications owing to the high prevalence of
cardiovascular diseases and increased need for early non-invasive diagnosis. Other applications include
radiology, gynecology, and various clinical uses across research and other healthcare settings.
By end-user: Hospitals & clinics represent the dominant end-user group, followed by diagnostic centers and
other point-of-care settings that benefit from the mobility of compact ultrasound systems.
Market Regional Insights
In 2024, North America led the global compact ultrasound equipment market with a 35.84% share,
generating revenues of approximately USD 0.95 billion. The region benefits from advanced healthcare
infrastructure, high chronic-disease burden, and substantial adoption of new device launches—especially in
the U.S.
Growth across Europe, Asia Pacific, Latin America and the Middle East & Africa is steadily rising. Asia Pacific,
in particular, has gained traction due to growing healthcare investments, supportive government initiatives,
and rising penetration in ambulatory and remote care settings.
Explore the full research report with detailed insights and
TOC:https://www.fortunebusinessinsights.com/compact-ultrasound-equipment-market-113461
Future Market Scope
Looking ahead to 2032, the compact ultrasound equipment market is projected to more than double from its
2025 base—rising from USD 2.97 billion to USD 6.40 billion. This underscores strong growth potential driven
by:
 Rising chronic illness prevalence and aging demographics globally
 Adoption of touchscreen-based, high-resolution compact systems

Increased use of 3D imaging technology in small footprint devices
 Expansion across cardiology, radiology and gynecology diagnostics
 Wider deployment in point-of-care and non-hospital environments
 Continuous innovation—such as specialty devices like Butterfly’s iQ+ Bladder launch—addressing
niche needs.
Conclusion
As the compact ultrasound equipment market continues its robust 11.6% CAGR trajectory through 2032,
healthcare providers and buyers should expect a wave of portable, touchscreen and 3D-capable systems
tailored for a spectrum of clinical applications. The category is maturing from general-purpose scanners into
specialized tools—with Butterfly Network’s iQ+ Bladder marking a key milestone for nurse-centric,
point-of-care bladder scanning.
Market leaders including GE HealthCare, Siemens Healthineers, Canon Medical Systems, Philips, Konica
Minolta, Fujifilm, Esaote, and Mindray are likely to steer the industry forward via strategic partnerships and
focused product innovation in compact imaging.
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