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Studies into Ultrasound have Gone up in the Past 5 Years

November, 2024

Ultrasound Transducer Market

Countries Wise Reported Ultrasound Study Rates in 2020 (%)

According to the World Health Organization, the global population of people 60 or older will double by 2050. The increasing geriatric population is again one of the major factors propelling the ultrasound transducer market. An ultrasound transducer is a handheld device that generates ultrasound waves. It uses a piezoelectric effect, which converts electrical energy into mechanical energy. The growth of this market is attributed to the increasing use of ultrasound transducers in non-invasive procedures and diagnostic imaging, with several products launched by major players.

Image quality has been increased due to technological advancement in ultrasound transducers and the launch of extended applications such as detailed imaging for several medical specialties. These innovations help more accurate diagnoses and treatments, further contributing to the market's growth on a large scale. The continued development of portable and AI-assisted ultrasound devices further expands their usage and accessibility.

  • In September 2023, the Bill and Melinda Gates Foundation donated over US$ 44 million to GE Healthcare to develop AI-assisted ultrasound tools.

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