ECHOCARDIOGRAPHY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

Global Echocardiography Market Size and Forecast – 2025 to 2032

The global echocardiography market is estimated to be valued at USD 2.12 Bn in 2025 and is expected to reach USD 3.61 Bn by 2032, exhibiting compound annual growth rate (CAGR) of 7.9% from 2025 to 2032. This steady growth reflects increasing adoption of echocardiography devices driven by rising cardiovascular disease prevalence, technological advancements, and expanding healthcare infrastructure worldwide.

Key Takeaways of the global echocardiography market

• The cart-based segment is expected to account for 63.4% share of the market in 2025, driven by their advanced imaging capabilities and extensive diagnostic functionality.
• Transthoracic Echocardiography (TTE) remains the leading product type, representing an estimated 25.8% of the market share, owing to its non-invasive nature and widespread clinical adoption.
• 2D echocardiography is expected to hold the top position by technology with a 28.4% share in 2025, supported by its established diagnostic accuracy and reliability in cardiac assessments.
• North America is expected to lead the market, holding a share of 39.3% in 2025. Asia Pacific is anticipated to be the fastest-growing region, with a market share of 24.4% in 2025.

Market Overview

A key trend shaping the echocardiography market is the integration of advanced imaging technologies such as 3D and AI-powered diagnostics, enhancing accuracy and efficiency in cardiac assessments. Additionally, portable and handheld echocardiography devices are gaining traction, facilitating point-of-care diagnostics and remote patient monitoring. Growing awareness about cardiovascular health and increasing government initiatives for early detection further propel the market’s expansion.

Current Events and Its Impact

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Segmental Insights

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Echocardiography Market Insights, By Device Type - Cart-based contributes the highest share of the market owing to its advanced diagnostic capabilities and versatility

The dominance of cart-based echocardiography devices in the market can be attributed to their superior imaging quality and comprehensive functionality, with an estimated market share of 63.4% in 2025. These devices are made with strong systems that have high-resolution displays, can connect to many transducers, and have software integration options.

One of the main reasons why cart-based systems are still preferred is their versatility in various clinical settings. The units are supplied with many probes, thus enabling a wide range of echocardiographic examinations such as transthoracic, transesophageal, and stress echocardiography.

Echocardiography Market Insights, By Product Type - Transthoracic Echocardiography (TTE) leads the market due to its non-invasive nature and broad clinical applicability

The product types are ranked with Transthoracic Echocardiography (TTE) holding the largest share of 25.8% in 2025. This is because TTE is the primary cardiac imaging technique, balancing diagnostic effectiveness with patient comfort and safety. The non-invasive method, where the transducer is placed on the chest wall, allows for immediate visual evaluation of the heart's anatomy and function without the need for sedation or any special preparation.

For instance, in February 2023, the Intersocietal Accreditation Commission (IAC), a leading U.S.-based organization dedicated to improving healthcare quality through accreditation, announced the launch of its Adult Congenital Transthoracic Echocardiography accreditation program. The update expands IAC Echocardiography Standards to cover facilities treating adults with congenital heart disease transitioning from pediatric care.

Echocardiography Market Insights, By Technology - 2D echocardiography remains dominant, driven by widespread clinical usage and established reliability

The continuous major market share of 2D echocardiography technology is recognized for its diagnostic value with an estimated share of 28.4% in 2025, wide distribution, and compatibility with various clinic workflows. It forms the vital imaging backbone for cardiac assessment by offering a real-time cross-sectional view of the heart and its structures which allows doctors to measure chamber size and wall thickness and to decide the morphology of the valve efficiently.

The reason 2D echocardiography is so widely used is because it gives a lot of anatomy detail but does not require complicated operations. The use of this technology has been developing for many years and hence standard protocols have been created and the doctors have become very acquainted with it.

Tele-echocardiography and AI-Enabled Point-of-Care (POC) Ultrasound in Emerging Markets

• Tele-echocardiography and point-of-care (POC) ultrasound are expanding cardiac diagnostics beyond hospitals, improving early detection and access in remote areas. In May 2020, Levanger Hospital in Norway showed nurse-led tele-echocardiography achieved 94% diagnostic accuracy, while in June 2021, the American Society of Echocardiography (ASE) and Canon Medical Systems highlighted its role in identifying coronary microvascular dysfunction in women with pregnancy-related hypertension.
• In September 2024, a U.S.-based medical technology company, AISAP, received U.S. FDA clearance for its AI-powered AISAP CARDIO POC ultrasound platform, capable of diagnosing 90% of cardiac abnormalities within minutes. With 93% accuracy validated by major hospitals, it bridges skill gaps and supports real-time, and cloud-based imaging. Such AI-driven innovations are accelerating echocardiography adoption across emerging markets, improving accessibility and early cardiac care.

Regional Insights

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North America Echocardiography Market Analysis and Trends

North America is the major player in the global echocardiography market and it is expected to account for 39.3% of the market share by 2025. This is mainly due to the availability of a good healthcare system, the high volume of sophisticated medical imaging technologies, and R&D investments. The region has hospitals and diagnostic centers that are of the highest level, and they have speeded up the use of patented echocardiography systems. This, along with the rising number of people having heart-related problems, is the main reason for the driving force.

The main North American players are GE HealthCare, Philips, Siemens Healthineers, Canon Medical Systems, and FUJIFILM Sonosite. These companies use innovations in 3D/4D imaging, AI integration, and portable echocardiography devices to maintain their dominant position. Lantheus and Bracco are also the main players in the market for ultrasound contrast agents in hospitals in the U.S. and Canada.

Asia Pacific Echocardiography Market Analysis and Trends

The fastest growth is seen in Asia Pacific which is mainly due to rapid urbanization, expanding healthcare infrastructure, and increasing awareness about cardiac health. The region will have a share of 24.4% in 2025. On the one hand, countries like China, India, and Japan are increasing their investments in healthcare, both private and public; on the other hand, they are introducing government initiatives to ease access to diagnostic facilities.

The competition in the market has intensified and the innovation has been driven by the existence of both multinational corporations and domestic players who are just emerging. Besides this, the rising number of people having heart-related diseases and the increasing size of the middle-class population with higher disposable income are the major factors driving the demand for cheap and portable echocardiography devices.

Global Echocardiography Market Outlook for Key Countries

U.S. Echocardiography Market Trends

The healthcare sector in the U.S. continues to be the most important, mainly due to modern medical research and high healthcare spending. Companies such as GE Healthcare and Philips Healthcare are among the major players in this field. They are continuously introducing new and improved echocardiography machines that come with better imaging and are easier to use at different places in the clinics. Moreover, the presence of specialized cardiovascular clinics and academic medical centers helps in the early adoption of new technologies very much.

In January 2025, the American Society of Echocardiography (ASE), a leading global organization for cardiovascular ultrasound professionals, launched its 2025–2028 Strategic Plan to drive innovation, education, and quality care in echocardiography. Coinciding with ASE’s 50th anniversary, the plan outlines four key goals innovation, learning, leading quality patient care, and professional support—to strengthen the specialty’s global impact.

Germany Echocardiography Market Trends

Germany's echocardiography market is strong because of its well-developed healthcare system, which has government-backed healthcare and strict regulations as a support. Thus, Siemens Healthineers is one of the most important players, which continuously improves echocardiographic technologies with a strong emphasis on precision and diagnostic accuracy..

In May 2024, Siemens Healthineers, a global leader in medical technology and imaging solutions, introduced new AI-powered cardiology applications for its Acuson Sequoia ultrasound system, strengthening its echocardiography and cardiac imaging capabilities.

China Echocardiography Market Trends

The market of echocardiography in China is in a very active phase or going through rapid changes, such as healthcare modernization initiatives led by the government and expanding hospital networks in tier-2 and tier-3 cities, among others. Mindray Medical International is one of the local players that has achieved some notable success through the supply of quality and cost-competitive echocardiography systems that are technologically advanced, thus addressing the issue of affordability without compromising quality.

In August 2025, LivaNova PLC, a global medical technology company specializing in advanced cardiac and neuromodulation solutions, launched its Essenz Perfusion System in China following regulatory approval from the National Medical Products Administration. The system enhances cardiopulmonary bypass and echocardiography procedures through real-time data monitoring, improved ergonomics, and patient-tailored perfusion management.

India Echocardiography Market Trends

The India echocardiography market is increasing at a steady rate and is characterized by a combination of factors such as rising incidence of heart diseases, and improving healthcare infrastructure especially in the urban areas which have been supportive of the demand growth. GE Healthcare and Philips have been very proactive in the Indian market, offering a wide range of devices which include portable machines that are suitable for rural and semi-urban healthcare providers.

In July 2024, DDMM Heart Institute, a leading cardiac care center in Nadiad, Gujarat, became the first hospital in Western India to adopt AI-powered echocardiography technology. The institute installed Siemens Healthineers’ Acuson Origin ultrasound system, which uses real-time cardiac view recognition to enhance diagnostic accuracy and reduce reliance on traditional ECGs.

Advancements in AI and Workflow Analytics in Echocardiography Market:

• AI and software workflow analytics are enhancing the echocardiography market by automating tasks like image acquisition, measurement, and report generation, improving efficiency and diagnostic accuracy. These tools help labs manage higher scan volumes, streamline workflows, and reduce clinician workload, while also enabling new business models like remote interpretation.
• However, challenges such as algorithm generalizability, workflow changes, and regulatory hurdles remain. Companies should focus on AI-driven software and service innovations, particularly for mid-sized labs, large hospitals, and emerging markets. For example, Us2.ai offers a “AI Echo Copilot” software which connects to any ultrasound device and automates complete echo reports with minimal clicks
• Moreover, in June 2025, a Yale School of Medicine study found that the AI tool, PanEcho, can interpret echocardiograms in minutes, improving diagnostic speed and accuracy.

Reimbursement Dynamics and Cost Efficiency in the Echocardiography Market

• Echocardiography costs are heavily influenced by inconsistent reimbursement models, leading to wide price variations. As of August 2023, U.S. prices range from USD 1,000 to 3,000, while direct-pay models, like those from Sesame, Inc., offer scans for USD 275–734. Sesame, Inc., a healthcare platform that connects patients directly with medical providers, bypasses insurance intermediaries to reduce costs. A 2022 study by Stanford University revealed that hospitals charge an average of USD 1,313 for a transthoracic echocardiogram (TTE), while Medicare reimburses only USD 464, highlighting the financial inefficiencies in the current system.
• In 2011, CareCore National, a specialty benefits management company, found that unnecessary transthoracic echocardiogram’s cost the U.S. healthcare system USD 890 million annually, a figure reduced by implementing prior authorization to confirm medical necessity. CareCore National focuses on healthcare optimization through protocols that reduce waste without affecting care quality. These findings emphasize that improved reimbursement structures and evidence-based testing can drive cost efficiency and enhance the sustainability of echocardiography services.

Market Players, Key Developments, and Competitive Intelligence

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Key Developments

• In August 2025, GE HealthCare, a global leader in medical technology and digital diagnostics, introduced the Vivid Pioneer, its most advanced AI-powered cardiovascular ultrasound system, enhancing echocardiography imaging precision and speed. The new system, built on the next-generation cSound Pioneer architecture, delivers exceptional 2D, 4D, and color flow imaging with improved spatial and contrast resolution.
• In July 2025, 123Sonography, a Vienna-based global leader in online ultrasound education, launched “Echo in Guidelines”, a CME-accredited course aligning echocardiography practice with major international recommendations from the ESC, ACC, AHA, and EACVI. Developed by Professor Thomas Binder, it offers concise, case-based training to help clinicians apply guideline-driven cardiac imaging in real-world care.
• In May 2025, Koninklijke Philips N.V, a global health technology leader based in the Netherlands, introduced its VeriSight Pro 3D Intracardiac Echocardiography (ICE) catheter in Europe. This innovation brings real-time 3D imaging inside the heart, enhancing visualization for minimally invasive procedures like transcatheter valve repair and left atrial appendage closure. The miniaturized ultrasound probe enables detailed cardiac imaging without general anesthesia, improving patient comfort and reducing hospital time.
• In May 2025, the British Society of Echocardiography (BSE) launched a new Contrast Echocardiography eLearning Module to support clinicians in applying the 2023 BSE practical guidelines. Developed by Reinette Hampson of London North West University Hospital NHS Trust, the module provides a comprehensive overview of safe and effective ultrasound contrast use.

Top Strategies Followed by Global Echocardiography Market Players

• The market is primarily occupied by the top players who spend a lot on research and development (R&D), and that is how they come up with new and high-quality echocardiography products that eventually get to the users in the medical field. These companies hold the market by the famous R&D lead and deploy features such as superior image quality, mobility, and connection with AI-powered diagnostic tools.
  • In addition to Canon Medical Systems, Hitachi Healthcare, and Samsung Medison, who are also the main players, they all together push the limits in the echo field, like Canon’s Aplio i-series which combines cutting-edge shear wave and strain imaging for providing accurate cardiac analysis. Hitachi’s Arietta platform pairs AI-mediated image boosting with ergonomic design to achieve clinical efficiency.

• The mid-level players in the echocardiography market use different competitive strategies mainly based on cost and value. They know that price is the main concern for most healthcare providers particularly in developing countries, so they are creating and making available low-cost echocardiography devices that are good in quality and give appropriate price.
  • Chison Medical Technologies, Shenzhen Mindray Bio-Medical Electronics, and Edan Instruments are the names of three companies that have been able to establish a strong presence in the budget-conscious markets. Chison’s SonoBook 9 provides a portable but full-fledged cardiac imaging solution. Edan’s Acclarix LX9 gives hospitals with the mid-market an option of price and performance.

• The small-scale players that are present in the echocardiography market use very focused strategies to create their own places in either the regional or specialized segments. The latter companies, in contrast to the bigger players, base their emphasis on innovation on either very specific features or unique product offerings, such as portable, hand-held echocardiography devices or very specialized solutions for different clinical applications.
  • Biosound Esaote, Telemed Ultrasound Medical Systems, and Healcerion are examples of such a focused and innovation-driven firms that are aimed at niche markets. Biosound Esaote’s expertise is in compact systems for cardiology clinics. Telemed offers a lightweight, PC-based ultrasound device that is perfect for telemedicine applications.

Market Report Scope

Echocardiography Market Report Coverage

Echocardiography Market Dynamics

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Echocardiography Market Driver - Rising Prevalence of Cardiovascular Diseases

The primary factor driving the heart echocardiography market is the global increase in Cardiovascular Diseases (CVDs). Specifically, the growing cardiology market is fueled by the rising demand for non-invasive and rapid diagnostic techniques that can accurately detect heart conditions. Despite being considered expensive, echocardiography remains the primary method for the early diagnosis, management, and monitoring of CVDs due to its widespread use and effectiveness.

For instance, in July 2025, the World Health Organization (WHO) reported that cardiovascular diseases (CVDs) remain the top global cause of death, accounting for 19.8 million fatalities in 2022, about 32% of all deaths. Most cases occur in low- and middle-income countries and are largely preventable through healthier lifestyles and early diagnosis using echocardiography and other cardiac assessments.

Echocardiography Market Opportunity - Integration of Artificial Intelligence in Echocardiography Systems

Machine learning and AI in imaging techniques are slowly becoming a standard feature in the ultrasound market through the global supply of echocardiography systems. AI will power the future of echocardiography by not only giving medical practitioners a more accurate estimate but also making the whole process quicker and more efficient by interpreting the cardiac images automatically and minimizing the human intervention. Besides the reduction of errors through the human aspect, the imaging system can also give instant feedback, thus saving the time of the doctor.

For instance, in July 2024, Oxford-based, Ultromics, announced that its AI-powered echocardiography platform EchoGo will be featured in Hot Line and Late-Breaking Science sessions at the ESC Congress 2024 in London, showcasing new data on improved detection of coronary artery disease, HFpEF, and cardiac amyloidosis.

Analyst Opinion (Expert Opinion)

• Steady growth is the characteristic of the echocardiography market, which is mainly driven by an increase in the number of cardiovascular diseases, the fast-paced AI integration, and the continuous invention in imaging technology. Diagnostic accuracy and workflow efficiency are markedly improved by the introduction of systems like GE HealthCare's Vivid Pioneer and Philips' VeriSight Pro 3D ICE, while portable and handheld imaging devices are gaining traction in developing countries by making medical services more reachable. Notwithstanding the advancements, high prices for equipment and scarcity of skilled specialists are still the main obstacles; thus, AI-based automation and cloud-based imaging are seen as the most favorable areas for growth.
• The global cardiac forums such as the ESC Congress, ASE Annual Scientific Sessions, and World Heart Summit are instrumental in shaping the industry through cooperation and sharing ideas. Besides, educational and digital programs like 123Sonography's Echo in Guidelines, BSE's Contrast Echocardiography module, and Ultromics' EchoGo platform are reducing the skill divide and helping to implement best practices, thus reinforcing the market's movement toward intelligent and more accessible cardiovascular imaging.

Market Segmentation

• Device Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Cart-Based
  • Handheld/Portable
• Product Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Transthoracic Echocardiography (TTE)
  • Transesophageal Echocardiography (TEE)
  • Stress Echocardiography
  • Fetal Echocardiography
  • Intracardiac Echocardiography
• Technology Insights (Revenue, USD Bn, 2020 - 2032)
  • 2D Echocardiography
  • 3D Echocardiography
  • 4D Echocardiography
  • Doppler Echocardiography
  • Speckle-Tracking Echocardiography
  • Contrast-Enhanced Echocardiography
• Application Insights (Revenue, USD Bn, 2020 - 2032)
  • Congenital Heart Diseases
  • Valvular Heart Diseases
  • Ischemic Heart Diseases
  • Cardiomyopathy
  • Pericardial Diseases
  • Others (Pulmonary Hypertension, Heart Failure, etc.)
• Display Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Color Ultrasound
  • Black and White Ultrasound
• Patient Age Group Insights (Revenue, USD Bn, 2020 - 2032)
  • Pediatric
  • Adult
  • Geriatric
• End User Insights (Revenue, USD Bn, 2020 - 2032)
  • Hospitals and Clinics
  • Diagnostic and Imaging Centers
  • Ambulatory Care Centers
  • Cardiology Clinics
  • Homecare Settings
  • Others (e.g., Academic and Research Institutes)
• Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • GE HealthCare
  • Philips Healthcare
  • Siemens Healthineers
  • Canon Medical Systems Corporation
  • Hitachi Ltd Healthcare Business
  • Samsung Medison
  • Fujifilm Healthcare
  • Mindray Medical International
  • Esaote SpA
  • Shimadzu Corporation
  • Konica Minolta Healthcare
  • Clarius Mobile Health
  • Butterfly Network Inc
  • Shenzhen SonoScape Medical Corp
  • CHISON Medical Technologies Co Ltd

Sources

Primary Research Interviews

Industry Stakeholders list

• Cardiovascular device manufacturers
• Hospital procurement managers
• Biomedical engineers
• R&D directors from imaging technology companies
• Regulatory affairs specialists
• Distributors of ultrasound and echocardiography systems

End users list

• Cardiologists
• Sonographers
• Radiologists
• Cardiac surgeons
• Academic researchers in cardiac imaging
• Hospital administrators

Government and International Databases

• World Health Organization (WHO)
• U.S. Food and Drug Administration (FDA)
• European Medicines Agency (EMA)
• Centers for Disease Control and Prevention (CDC)
• National Institutes of Health (NIH)
• World Bank Data

Trade Publications

• Diagnostic Imaging
• AuntMinnie.com
• Medical Device Network
• Health Imaging
• DOTmed HealthCare Business News
• MedTech Dive

Academic Journals

• Journal of the American Society of Echocardiography (JASE)
• European Heart Journal – Cardiovascular Imaging
• Circulation: Cardiovascular Imaging
• Journal of the American College of Cardiology (JACC)
• The Lancet Cardiology
• Cardiovascular Ultrasound

Reputable Newspapers

• The New York Times – Health Section
• The Guardian – Science and Health
• The Wall Street Journal – Health & Medicine
• Reuters Health
• BBC Health News
• Financial Times – Healthcare

Industry Associations

• American Society of Echocardiography (ASE)
• European Association of Cardiovascular Imaging (EACVI)
• British Society of Echocardiography (BSE)
• World Heart Federation (WHF)
• American Heart Association (AHA)
• European Society of Cardiology (ESC)

Public Domain Resources

• ResearchGate
• Open Data Network
• Google Scholar
• National Center for Biotechnology Information (NCBI)

Proprietary Elements

• CMI Data Analytics Tool: Proprietary analytics tool to analyze real-time market trends, consumer behavior, and technology adoption in market
• Proprietary CMI Existing Repository of Information for Last 8 Years