Report cover image

Global & Singapore Ultrasound Market to 2031

Published Sep 24, 2025
Length 109 Pages
SKU # BMKS20418311

Description

The expansion of the ultrasound market in Singapore is significantly driven by an aging population, a high incidence of chronic diseases, and the government's commitment to enhancing healthcare technologies. As a prominent medical hub in the region, Singapore's healthcare sector is poised for growth. The increasing number of elderly citizens is a key factor influencing the demand for ultrasound services. With age, individuals typically require more diagnostic evaluations and health monitoring, leading to a surge in ultrasound examinations.

According to a report from the National Population and Talent Division in 2024, the percentage of citizens aged 65 and older rose from 12.4% in 2014 to 19.9% in 2024. Projections indicate that by 2030, approximately one in four citizens will fall into this age group, further escalating the need for medical services. In response, the government is making substantial investments to enhance healthcare infrastructure and capacity. This includes the construction of new hospitals and the modernization of existing facilities, necessitating the acquisition of advanced medical equipment.

For example, the Ministry of Health announced in March 2025 that Singapore has increased its healthcare capacity by over 6,300 beds since 2020, with plans to add another 13,600 beds by 2030, including the progressive opening of new facilities like the Eastern General Hospital Campus. In summary, the growth of the ultrasound market in Singapore is a result of demographic changes and proactive government initiatives aimed at modernizing healthcare to cater to the needs of an aging population.

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. Singapore 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. Singapore Ultrasound Market – Analysis
6.1 Singapore Ultrasound Market Revenue (US$ Million), 2021–2031
6.2 Singapore Ultrasound Market Revenue and Forecast Analysis
7. Singapore Ultrasound Market Analysis – by Product Type
7.1 Singapore Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Product Type
8. Singapore Ultrasound Market Analysis – by Portability
8.1 Singapore Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Portability
9. Singapore Ultrasound Market Analysis – by Application
9.1 Singapore Ultrasound Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Application
10. Singapore Ultrasound Market Analysis – by End User
10.1 Singapore 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. Singapore Ultrasound Market Segmentation
Table 2. List of Vendors
Table 3. Singapore Ultrasound Market – Revenue, 2021–2024 (US$ Million)
Table 4. Singapore Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. Singapore Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Product Type
Table 6. Singapore Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Product Type
Table 7. Singapore Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Portability
Table 8. Singapore Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Portability
Table 9. Singapore Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 10. Singapore Ultrasound Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 11. Singapore Ultrasound Market – Revenue, 2021–2024 (US$ Million) – by End User
Table 12. Singapore 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. Singapore Ultrasound Market Revenue, (US$ Million), 2021–2031
Figure 3. Heat Map Analysis by Key Players
Figure 4. Company Positioning and Concentration

Search Inside Report

How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.