Report Overview

The global ultrasound devices market was valued at USD 9.79 Billion in 2023. It is expected to grow at a CAGR of 4.24% during the forecast period of 2024-2032 and attain a market value of USD 14.23 Billion by 2032. The market growth is driven by the increased use of ultrasound equipment for diagnostic imaging and treatment, as well as the rising prevalence of chronic and lifestyle illnesses. When compared to other diagnostic imaging technologies, ultrasound is the most cost-effective and fastest diagnostic tool in medical imaging. Since it does not use ionizing radiation or magnetic fields; it is safer than other imaging technologies. Such advantages have a significant impact on the patent activity for these devices.

  • The growing prevalence of chronic conditions such as liver cancer, cysts, tumors, fatty liver disease, and gynecological issues is expected to drive the demand for ultrasound devices.
  • Global regulatory agencies are implementing more stringent regulations regarding boosting the efficiency and accuracy of ultrasound devices. As a result, more sophisticated ultrasound device technologies are being used to abide by these rules and guarantee product safety.
  • Ultrasound equipment is increasingly being used in intraoperative situations, assisting surgeons in making informed decisions during surgeries. Intraoperative ultrasonography allows for real-time imaging of anatomical features, guiding surgical procedures with precision and minimizing complications. This increase in use has altered surgical techniques, improved outcomes, and reduced the necessity for invasive exploratory procedures. The capacity to examine tissue features and measure surgical progress intraoperatively boosts ultrasound equipment's status as a critical tool for surgical teams.

Patent Landscape Report Coverage

The Global Ultrasound Devices Patent Landscape Report provides a comprehensive and in-depth analysis of the patents in this growing industry. The key sections captured in the report for ultrasound devices include a thorough examination of the patent portfolios of key players, covering aspects such as the number of patents and types of technologies patented. It includes the latest trends, geographical distribution of patents, top IP player profiles, technological segmentation, and patent valuation associated with ultrasound devices. The breakdown of patents by technical segments is provided, giving more clarity on the specific areas of innovation within ultrasound device technologies.

Key Inclusions:

Patent Valuation Analysis

An evaluation and competitive benchmarking of key members of unique patent families are covered in the analysis for ultrasound device technologies. The important parameters have been taken into consideration including IP document, year of application, number of citations, time to expiry, and jurisdiction associated with Ultrasound Devices.

Analysis of Patent Applications

A comprehensive summary of several patent applications which were filed across different jurisdictions for ultrasound devices and their relative value are covered. The analysis will cover the capital in terms of innovation and innovation type.

Analysis of Granted Patents

Detailed analysis of the granted patents across different jurisdictions for ultrasound devices and their relative value in the IP are covered in the final report.

What are Ultrasound Devices?

Ultrasound devices are medical imaging instruments that use high-frequency sound waves to provide real-time visual images of the body's interior. These devices work by sending sound waves via a transducer, which then records the echoes as they bounce off interior structures. The reflected echoes are turned into electrical impulses and then processed to produce detailed images that are presented on a monitor. Ultrasound instruments are frequently utilized for diagnostic purposes, such as assessing organs, tissues, and blood flow, and are critical for applications like prenatal imaging, cardiac assessment, and musculoskeletal evaluation. They are valued for their non-invasiveness and absence of ionizing radiation. Advanced 3D/4D ultrasound systems provide three-dimensional, real-time imaging, whilst Doppler ultrasound instruments assess blood flow and cardiovascular problems. Furthermore, obstetric ultrasonography machines are specially designed for monitoring pregnancy.

Ultrasound Devices Industry Growth Drivers

Growing Investments in the R&D of Ultrasound Devices are Expected to Boost the Patent Industry Growth

Technological developments such as AI integration and improvement in the accuracy of handheld ultrasound devices have improved the precision and efficiency of diagnosis and imaging of diseases. For instance, the Bill & Melinda Gates Foundation awarded GE HealthCare a grant of more than USD 44 million to develop a user-friendly, AI-assisted ultrasound imaging auto-assessment tool which would help healthcare professionals in handling ultrasound devices without specialized training or experience with ultrasound. Moreover, it can also provide clinical decision information to support more effective obstetric and lung screening ultrasound scans across maternal and foetal care as well as paediatric, and lung health. The utilization of such technologies is anticipated to impact the patent landscape significantly.

Rising Incidences of Chronic Diseases and a Rising Geriatric Population are Expected to Propel the Ultrasound Devices Patent Industry

According to a National Council of Aging study released in October 2023, almost 95% of persons aged 60 and above have at least one chronic ailment, with nearly 80% having two or more. The rising frequency of chronic diseases has increased the demand for healthcare services, including a rise in patient visits, hospital admissions, and surgical procedures. For example, in 2021, the CDC reported that there were more than 1.0 billion physician office visits, 131.3 million emergency department visits, and 41.5 million outpatient procedures performed in the United States. The growing global elderly population and chronic illnesses have increased demand for medical imaging equipment, such as ultrasound, for diagnosis and treatment.

Ultrasound Devices Patent Segmentation

The report will cover the following sections in detail:

Analysis by Product

  • Diagnostic Ultrasound Systems
  • Therapeutic Ultrasound Systems

Analysis by Portability

  • Trolley/Cart-based Ultrasound Devices
  • Compact/Handheld Ultrasound Devices

Analysis by Display

  • Color Ultrasound Devices
  • Black and White (B/W) Ultrasound Devices

Analysis by Application

  • Radiology/General Imaging
  • Cardiology
  • Obstetrics/Gynaecology
  • Urology
  • Others

Ultrasound Devices Patent Segmentation Analysis

The breakup based on product includes diagnostic ultrasound systems and therapeutics ultrasound systems. Diagnostic ultrasound systems are widely used in many medical specialties, including cardiology, radiology, obstetrics, and musculoskeletal imaging. These technologies offer a safe and non-invasive technique to view inside structures. Their versatility makes them vital in a variety of healthcare settings, such as hospitals and clinics.

Ultrasound Devices Patent Jurisdiction Analysis

The United States is one of the leading jurisdictions for ultrasound device patents, having around 296,000+ patents. The presence of big companies, well-established healthcare infrastructure, and advanced research and development activities contributes to the regional patent landscape significantly.

Patent Profile of Key Companies

Among the players with ultrasound device patent families, new entrants have been identified, which can be either established companies or startups developing their first technology in the ultrasound devices field. Some of the major companies mentioned in this report (a non-exhaustive list) are as follows:

Koninklijke Philips NV.

Established in 1891, Koninklijke Philips NV is a multinational corporation with its headquarters located in Amsterdam, Netherlands. With a focus on healthcare technology to improve patient care and health outcomes, it is a leading innovator in digital patient monitoring devices.

Boston Scientific Inc.

Boston Scientific Inc., headquartered in Marlborough, Massachusetts, is a leading global medical device compan...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other companies include Gen Electric, Samsung Electronics, and Ethicon Ltd., among others.

Reasons to Purchase this Report

The ultrasound devices patent report provides information on the intellectual property (IP) position and strategy of key players. This report can help companies and players looking to enter or invest in this field by -

  • Competitive Advantage: The landscape reveals the market leaders, potential partners and innovators and makes it understandable which companies have important patents in this field of ultrasound devices.
  • Innovation Insights: The patent analysis reveals new innovations and technologies in ultrasound devices.
  • Market Positioning: Companies with strong patent portfolios gain a competitive advantage because their intellectual property assets differentiate their products. Understanding their intellectual property strategy reveals the market position of new entrants and potential barriers to entry within the ultrasound devices patent landscape.
  • Risk Assessment: In technology-intensive fields such as ultrasound devices, risks of IP infringement are common. Analyzing patent landscapes helps companies assess risk, develop mitigation strategies, and inform licensing, partnering, and acquisition decisions.

Key Questions Answered in the Ultrasound Devices Patent Landscape Report

  • Who are the key players in the ultrasound devices patent landscape?
  • How is the patent portfolio distributed geographically?
  • What are the emerging trends in ultrasound device patents?
  • How has the patent landscape evolved over time?
  • What are the strategic insights for market players and investors?
  • What is the technological focus of patents in the ultrasound devices industry?
  • How do patent strategies impact competitive advantage?
  • What are the implications of patent filings in ultrasound devices?
  • What are the challenges and opportunities in the ultrasound devices patent landscape?
  • What are the regulatory and legal considerations?
  • What technological innovations have recently emerged in ultrasound devices?

Related Reports

Global Ultrasound Probe Disinfection Market

Global Ultrasound Transducer Market

Global Veterinary Ultrasound Devices Market

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Scope of the Report

Details

Analysis by Product

  • Diagnostic Ultrasound Systems
  • Therapeutic Ultrasound Systems

Analysis by Portability

  • Trolley/Cart-based Ultrasound Devices
  • Compact/Handheld Ultrasound Devices

Analysis by Display

  • Color Ultrasound Devices
  • Black and White (B/W) Ultrasound Devices

Analysis by Application

  • Radiology/General Imaging
  • Cardiology
  • Obstetrics/Gynaecology
  • Urology
  • Others

Key Players Mentioned

  • Koninklijke Philips NV.
  • Boston Scientific Inc.
  • Gen Electric
  • Samsung Electronics
  • Ethicon Ltd
  • Others

Geographies Covered

  • North America
  • Europe
  • Asia Pacific
  • Others

Purchase Full Report

Datasheet

 

USD 2,639

USD 2,399

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

One User

USD 4,399

USD 3,999

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

Five Users

USD 5,829

USD 5,299

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

Unlimited Users

USD 6,929

USD 6,299

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63 287899028, +63 967 048 3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124