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Global & Philippines Ultrasound Market to 2031

Publisher Business Market Insights
Published Sep 24, 2025
Length 109 Pages
SKU # BMKS20418304

Description

The ultrasound market in the Philippines is witnessing significant growth, fueled by an aging population, the increasing prevalence of chronic diseases, and substantial government investments aimed at modernizing the healthcare system. The universal healthcare initiative, PhilHealth, plays a crucial role in this expansion by providing broad access to medical services.

The rising incidence of chronic illnesses is a major factor driving the demand for diagnostic tools. A provisional report from the Philippine Statistics Authority (PSA) as of August 2024 indicates that ischemic heart diseases were the leading cause of mortality, with 30,848 deaths recorded from January to April 2024. This was followed by neoplasms (cancer) with 16,822 deaths, and cerebrovascular diseases (stroke) with 15,492 cases. The high prevalence of these non-communicable diseases highlights the urgent need for effective diagnostic tools, such as ultrasound, for early detection and management of these conditions.

Additionally, government funding is playing a pivotal role in advancing healthcare modernization. According to the Department of Budget and Management (DBM) report on the 2025 National Budget, a considerable portion of the budget is earmarked for social services, particularly health. This investment aims to improve service delivery in underserved regions, thereby increasing the acquisition and use of ultrasound devices to enhance diagnostic capabilities across the country.

In summary, the ultrasound market in the Philippines is on a steady upward trajectory, driven by the critical need for chronic disease management and strategic government support for healthcare infrastructure development.

Table of Contents

109 Pages
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Data Triangulation and Validation:
4. Philippines Ultrasound Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. Ultrasound Market Key Market Dynamics
5.1 Ultrasound Market – Key Market Dynamics
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Future Trends
5.6 Impact of Drivers and Restraints
6. Philippines Ultrasound Market – Analysis
6.1 Philippines Ultrasound Market Revenue (US$ Million), 2021–2031
6.2 Philippines Ultrasound Market Revenue and Forecast Analysis
7. Philippines Ultrasound Market Analysis – by Product Type
7.1 Philippines Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Product Type
8. Philippines Ultrasound Market Analysis – by Portability
8.1 Philippines Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Portability
9. Philippines Ultrasound Market Analysis – by Application
9.1 Philippines Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Application
10. Philippines Ultrasound Market Analysis – by End User
10.1 Philippines Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by End User
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.1 Company Positioning and Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.2 Partnerships and Collaborations
12.2 Other Developments
13. Company Profiles
13.1 GE HealthCare Technologies Inc
13.1. 1 Key Facts
13.1. 2 Business Description
13.1. 3 Products and Services
13.1. 4 Financial Overview
13.1. 5 SWOT Analysis
13.1. 6 Key Developments
13.2 Siemens Healthineers AG
13.2. 1 Key Facts
13.2. 2 Business Description
13.2. 3 Products and Services
13.2. 4 Financial Overview
13.2. 5 SWOT Analysis
13.2. 6 Key Developments
13.3 FUJIFILM Holdings Corp
13.3. 1 Key Facts
13.3. 2 Business Description
13.3. 3 Products and Services
13.3. 4 Financial Overview
13.3. 5 SWOT Analysis
13.3. 6 Key Developments
13.4 Canon Inc
13.4. 1 Key Facts
13.4. 2 Business Description
13.4. 3 Products and Services
13.4. 4 Financial Overview
13.4. 5 SWOT Analysis
13.4. 6 Key Developments
13.5 Koninklijke Philips NV
13.5. 1 Key Facts
13.5. 2 Business Description
13.5. 3 Products and Services
13.5. 4 Financial Overview
13.5. 5 SWOT Analysis
13.5. 6 Key Developments
13.6 ESAOTE SPA
13.6. 1 Key Facts
13.6. 2 Business Description
13.6. 3 Products and Services
13.6. 4 Financial Overview
13.6. 5 SWOT Analysis
13.6. 6 Key Developments
13.7 Shenzhen Mindray Bio-Medical Electronics Co Ltd
13.7. 1 Key Facts
13.7. 2 Business Description
13.7. 3 Products and Services
13.7. 4 Financial Overview
13.7. 5 SWOT Analysis
13.7. 6 Key Developments
13.8 Hologic Inc
13.8. 1 Key Facts
13.8. 2 Business Description
13.8. 3 Products and Services
13.8. 4 Financial Overview
13.8. 5 SWOT Analysis
13.8. 6 Key Developments
13.9 Trivitron Healthcare Pvt Ltd
13.9. 1 Key Facts
13.9. 2 Business Description
13.9. 3 Products and Services
13.9. 4 Financial Overview
13.9. 5 SWOT Analysis
13.9. 6 Key Developments
13.10 Samsung Healthcare
13.10. 1 Key Facts
13.10. 2 Business Description
13.10. 3 Products and Services
13.10. 4 Financial Overview
13.10. 5 SWOT Analysis
13.10. 6 Key Developments
14. Appendix
14.1 About Business Market Insights
14.2 List of Abbreviations
TABLE OF TABLES
Table 1. Philippines Ultrasound Market Segmentation
Table 2. List of Vendors
Table 3. Philippines Ultrasound Market – Revenue, 2021–2024 (US$ Million)
Table 4. Philippines Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. Philippines Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Product Type
Table 6. Philippines Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Product Type
Table 7. Philippines Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Portability
Table 8. Philippines Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Portability
Table 9. Philippines Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 10. Philippines Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 11. Philippines Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by End User
Table 12. Philippines Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by End User
Table 13. List of Abbreviations
TABLE OF FIGURES
Figure 1. Impact Analysis of Drivers and Restraints
Figure 2. Philippines Ultrasound Market Revenue, (US$ Million), 2021–2031
Figure 3. Heat Map Analysis by Key Players
Figure 4. Company Positioning and Concentration

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