An ultrasound observation device includes a processor including hardware, wherein the processor is configured to: generate ultrasound image data; set, in a region of interest, a plurality of small regions by dividing the region of interest in accordance with a preset condition; generate a histogram of each of the small regions; calculate a determination value for each of the small regions; determine whether the physical quantity in each of the small regions is uniform; change a determination target small region in accordance with a preset condition when the physical quantity in the determination target small region among the small regions is determined to be not uniform; set the determination target small region as an attenuation rate calculation target region when the physical quantity in the determination target small region is determined to be uniform; and set an attenuation rate of the attenuation rate calculation target region.