North America held the largest market share in 2019 and is expected to maintain its leading position in the coming years. The market growth in North America is attributed to increasing investments in R & D for the development of medical devices and laboratories that includes modern state-of-art facilities. U.S is one the leading countries that spend huge expenditure on the aerospace & defense sector which in turn has created many lucrative opportunities for the ultrasound pulser IC market. Other factors that are further boosting the market growth are rising disposable income and consumer awareness towards health. High demand for ultrasound medical devices are driving the market growth in Europe.