Germany Ultrasound Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Germany Ultrasound Devices Market Trends and It is Segmented by Application (Anesthesiology, Cardiology, Gynecology/Obstetrics, Musculoskeletal, Radiology, Critical Care, and Other Applications), Technology (2D Ultrasound Imaging, 3D and 4D Ultrasound Imaging, Doppler Imaging, and High-Intensity Focused Ultrasound) Type (Stationary Ultrasound and Portable Ultrasound). The Market Provides the Value (in USD) for the Above-Mentioned Segments.

Germany Ultrasound Devices Market Size

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Germany Ultrasound Devices Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 510 Million
Market Size (2029) USD 691.69 Million
CAGR (2024 - 2029) 5.70 %
Market Concentration Medium

Major Players

Germany Ultrasound Devices Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Germany Ultrasound Devices Market Analysis

The Germany Ultrasound Devices Market size is estimated at USD 510 million in 2024, and is expected to reach USD 691.69 million by 2029, growing at a CAGR of 5.70% during the forecast period (2024-2029).

The COVID-19 pandemic significantly impacted the ultrasound devices market in Germany, as various departments, such as radiology and obstetrics, were severely affected during the pandemic. For instance, according to an article published by Rapid Communication in December 2021, the COVID-19 pandemic expectedly impacted ultrasound services in Germany during the initial pandemic phase as it involved direct contact with the patient. Thus, such factors affected the growth of the studied market during the pandemic. However, as the pandemic has subsided, the German ultrasound devices market is expected to grow steadily during the forecast period.

Ultrasound devices are majorly used in imaging procedures to diagnose various diseases; thus, the rising prevalence of chronic illnesses like cardiovascular diseases and cancer is anticipated to boost the growth of the ultrasound device market in Germany throughout the study's projected period. For instance, according to an article published by the WifOR Institute in February 2022, cardiovascular diseases (CVDs) are said to be widely prevalent in Germany. They are additionally one of the most common causes of mortality. 

Moreover, according to an article published by SpringerLink in September 2022, Germany has a high burden of coronary heart disease, obesity, high blood pressure, and high lipid and glucose levels are considered significant risk factors for developing secondary coronary heart disease in Germany. Thus, the high prevalence of such chronic diseases in the country is expected to boost the growth of the studied market, as ultrasound devices are used for diagnosing these diseases.

Ultrasound devices are widely used in hospitals and other gynecology centers for the prenatal monitoring of unborn babies, which is also expected to significantly impact the market growth as ultrasound procedures are usually performed 2-3 times during pregnancy. For instance, according to the data updated by Destatis in August 2022, an estimated 795.5 thousand live births took place in Germany in 2021. Thus, the large number of births in Germany is expected to increase the usage of ultrasound devices.

Additionally, the rising developments by market players, such as product launches, mergers, and acquisitions, are also expected to bolster market growth, as these are expected to increase access to advanced products. For instance, in November 2021, Siemens Healthineers, a German company, introduced a new liver analysis feature with the ACUSON Sequoia ultrasound system. It provides clinicians with a new measurement tool called ultrasound-derived fat fraction (UDFF), which helps them evaluate the severity of hepatic steatosis overall. 

The system also includes Auto Point Shear Wave Elastography (Auto pSWE), a brand-new method for quantifying liver stiffness that aims to shorten the duration of the liver elastography exam. Thus, the introduction of such devices is expected to increase the demand for ultrasound devices in the country, hence driving market growth.

Thus, the factors such as the rising prevalence of chronic diseases and the increasing developments by market players and other organizations are expected to boost the market growth during the forecast period. However, stringent regulations are expected to hinder market growth.

Germany Ultrasound Devices Market Trends

By Technology, High-intensity Focused Ultrasound Segment is Expected to Hold a Significant Market Share Over the Forecast Period

Focused ultrasonic energy is a non-invasive method for tissue ablation, and it can be used to treat a variety of solid tumors. High-intensity focused ultrasound is utilized more frequently to treat primary and metastatic tumors because it can accurately identify tumors for ablation. Factors such as increasing cancer prevalence and initiatives by key players are expected to boost market growth.

For instance, according to the data published by Destatis in 2023, cancer was the fourth most frequent reason for treatment in Germany in 2021, accounting for 8% of all hospital stays. The source also stated that an estimated 1.44 million patients were treated for cancer in hospitals on an in-patient basis in Germany in 2021. Thus, the country's high cancer burden is expected to increase the usage of high-intensity focused ultrasound systems. Moreover, as cancer is often associated with older adults, the rising population in the country is also expected to enhance segment growth.

Moreover, according to an article published by PubMed in June 2022, a study in Germany showed that high-intensity focused ultrasound (HIFU) had high efficiency in treating benign thyroid nodules. This will result in a rise in the usage of HIFU systems in the German healthcare system for the radiation treatment of prostate cancer and other conditions, which is anticipated to fuel the expansion of high-intensity focused ultrasound systems there.

Hence, the factors mentioned above, such as the high burden of cancer, the growing geriatric population, and the increasing efficiency of high-intensity focused ultrasound systems, are expected to boost segment growth in the country.

Germany Ultrasound Devices Market: Estimated Elderly Population (in million), By Age Group, Germany, 2021

By Application, Cardiology Segment is Expected to Hold a Significant Share in the Market Over the Forecast Period

Cardiovascular diseases such as heart failure, cardiac murmur, ischemic heart disease, and acute pulmonary artery thromboembolism are often diagnosed by ultrasound devices. The increasing prevalence of such diseases in Germany and the rising geriatric population in the country is expected to boost the segment growth.

For instance, according to an article published by the Thoracic and Cardiovascular Surgeon in June 2022, an estimated 92,838 heart surgery procedures were conducted in Germany in 2021. Thus, the country's large number of cardiovascular surgeries is expected to increase segment growth, as doctors often use ultrasound imaging before any cardiovascular procedure to diagnose the disease properly.

Moreover, the country's high percentage of the geriatric population is also expected to boost market growth as cardiovascular diseases are often associated with older people. For instance, according to the United Nations World Population Prospects data in 2022, an estimated 18.5 million people in Germany was 65 years or older in 2022.

Thus, the factors mentioned above, such as the high prevalence of cardiovascular diseases in Germany and the rising geriatric population, are expected to enhance segment growth.

Germany Ultrasound Devices Market: Estimated Number of Inpatients Diagnosed with Ischemic Heart Diseases (in thousands), By Gender, Germany, 2021

Germany Ultrasound Devices Industry Overview

Germany ultrasound devices market is moderately competitive and consists of several major players. Some of the key companies in the market are Canon Medical Systems Corporation, GE Healthcare, Fujifilm Holdings Corporation, Siemens Healthineers AG, and Koninklijke Philips NV, among others.

Germany Ultrasound Devices Market Leaders

  1. Canon Medical Systems Corporation

  2. Fujifilm Holdings Corporation

  3. GE Healthcare

  4. Koninklijke Philips NV

  5. Siemens Healthineers AG

*Disclaimer: Major Players sorted in no particular order

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Germany Ultrasound Devices Market News

  • In June 2023, Exo partnered with Sana Kliniken AG to bring its high-performance handheld ultrasound platform and artificial intelligence to more medical staff to enable real-time decisions that improve patient outcomes, streamline workflow inefficiencies, and lower costs.
  • In February 2023, University Hospital Bonn (UKB) and the Medical Faculty Bonn installed the advanced ultrasound system Butterfly Blueprint from Butterfly Network, Inc., to teach medical and midwifery students at the UKB. The innovative, semiconductor chip-based Butterfly iQ+ can enable more informed diagnosis and treatment directly at the patient's bedside and support complex ultrasound training integrated into studies throughout the UKB campus.

Germany Ultrasound Devices Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Burden of Chronic Diseases
    • 4.2.2 Technological Advancements of Ultrasound Devices
  • 4.3 Market Restraints
    • 4.3.1 Stringent Regulations
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Application
    • 5.1.1 Anesthesiology
    • 5.1.2 Cardiology
    • 5.1.3 Gynecology/Obstetrics
    • 5.1.4 Musculoskeletal
    • 5.1.5 Radiology
    • 5.1.6 Critical Care
    • 5.1.7 Other Applications
  • 5.2 By Technology
    • 5.2.1 2D Ultrasound Imaging
    • 5.2.2 3D and 4D Ultrasound Imaging
    • 5.2.3 Doppler Imaging
    • 5.2.4 High-intensity Focused Ultrasound
  • 5.3 By Type
    • 5.3.1 Stationary Ultrasound
    • 5.3.2 Portable Ultrasound

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Canon Medical Systems Corporation
    • 6.1.2 SonoScape Medical Corp
    • 6.1.3 Fujifilm Holdings Corporation
    • 6.1.4 GE Healthcare
    • 6.1.5 Hologic Inc
    • 6.1.6 Koninklijke Philips NV
    • 6.1.7 Mindray Medical International Limited
    • 6.1.8 Samsung Electronics Co. Ltd
    • 6.1.9 Esaote SA
    • 6.1.10 Siemens Healthineers AG
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments
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Germany Ultrasound Devices Industry Segmentation

As per the scope of the report, ultrasonography is an imaging method that creates images of various body structures using high-frequency sound waves. They are used to evaluate a variety of disorders relating to the liver, kidneys, and other abdominal conditions, including usage in pregnancy. As a result, these devices have a variety of uses in the medical area, including diagnostic imaging and therapeutic modality. The Germany ultrasound device market is segmented by application, technology, and type. Based on application the market is segmented as anesthesiology, cardiology, gynecology/obstetrics, musculoskeletal, radiology, critical care, and other applications). Based on technology the market is segmented into 2D ultrasound imaging, 3D and 4D ultrasound imaging, doppler imaging, and high-intensity focused ultrasound. Based on type the market is segmented as stationary ultrasound and portable ultrasound. The report offers the value (in USD) for the above segments.

By Application Anesthesiology
Cardiology
Gynecology/Obstetrics
Musculoskeletal
Radiology
Critical Care
Other Applications
By Technology 2D Ultrasound Imaging
3D and 4D Ultrasound Imaging
Doppler Imaging
High-intensity Focused Ultrasound
By Type Stationary Ultrasound
Portable Ultrasound
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Germany Ultrasound Devices Market Research FAQs

The Germany Ultrasound Devices Market size is expected to reach USD 510 million in 2024 and grow at a CAGR of 5.70% to reach USD 691.69 million by 2029.

In 2024, the Germany Ultrasound Devices Market size is expected to reach USD 510 million.

Canon Medical Systems Corporation, Fujifilm Holdings Corporation, GE Healthcare, Koninklijke Philips NV and Siemens Healthineers AG are the major companies operating in the Germany Ultrasound Devices Market.

In 2023, the Germany Ultrasound Devices Market size was estimated at USD 480.93 million. The report covers the Germany Ultrasound Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Ultrasound Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Germany Ultrasound Industry Report

Statistics for the 2024 Germany Ultrasound market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Germany Ultrasound analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Germany Ultrasound Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)