The global portable ultrasound market value was USD 2.19 billion in 2022, driven by the technological advancements in ultrasound imaging across the globe. The market size is anticipated to grow at a CAGR of 8.9% during the forecast period of 2023-2031 to achieve a value of USD 4.71 billion by 2031.
Portable ultrasound technology has advanced significantly in recent years, with high-resolution imaging capabilities and advanced features such as 3D and 4D imaging, wireless connectivity, and cloud-based data storage. This has led to a growing demand for portable ultrasound devices, particularly in emerging markets where access to traditional ultrasound machines may be limited.
The portable ultrasound market is expected to experience significant growth in the coming years, driven by technological advancements in ultrasound imaging, increased demand for point-of-care testing, and the rising prevalence of chronic diseases. The growing adoption of portable ultrasound devices in low- and middle-income countries is also expected to fuel market growth.
However, the high cost of portable ultrasound devices and the lack of trained healthcare professionals to operate them could hinder market growth. Additionally, the limited diagnostic capabilities of portable ultrasound devices compared to traditional machines could also be a challenge for market growth. Overall, the portable ultrasound market is expected to continue to grow as healthcare providers increasingly adopt point-of-care diagnostic technologies.
Portable Ultrasound: Introduction
Portable ultrasound refers to the use of handheld or portable ultrasound devices that can be easily moved from one location to another. These devices are small and lightweight, making them ideal for use in a variety of settings, including hospitals, clinics, ambulances, and remote locations.Portable ultrasound technology has advanced significantly in recent years, with high-resolution imaging capabilities and advanced features such as 3D and 4D imaging, wireless connectivity, and cloud-based data storage. This has led to a growing demand for portable ultrasound devices, particularly in emerging markets where access to traditional ultrasound machines may be limited.
Portable Ultrasound Market Scenario
Portable ultrasound devices are handheld devices that can be carried by healthcare professionals for point-of-care diagnosis and treatment in a variety of medical settings. Portable ultrasound devices are designed to be smaller and more lightweight than traditional ultrasound machines and provide high-quality imaging, making them a valuable tool in emergency medicine, critical care, obstetrics and gynaecology, and other medical fields. Portable ultrasound devices offer several advantages, including ease of use, portability, cost-effectiveness, and the ability to quickly obtain real-time diagnostic information.The portable ultrasound market is expected to experience significant growth in the coming years, driven by technological advancements in ultrasound imaging, increased demand for point-of-care testing, and the rising prevalence of chronic diseases. The growing adoption of portable ultrasound devices in low- and middle-income countries is also expected to fuel market growth.
However, the high cost of portable ultrasound devices and the lack of trained healthcare professionals to operate them could hinder market growth. Additionally, the limited diagnostic capabilities of portable ultrasound devices compared to traditional machines could also be a challenge for market growth. Overall, the portable ultrasound market is expected to continue to grow as healthcare providers increasingly adopt point-of-care diagnostic technologies.
Portable Ultrasound Market Segmentations
Market Breakup by Device Type
- Handheld Ultrasound Device
- Mobile Ultrasound Device
Market Breakup by Technology
- 2d Ultrasounds
- 3d & 4d Ultrasounds
- Doppler Ultrasounds
- High-Intensity Focused Ultrasounds
Market Breakup by Application
- Cardiovascular
- Obstetrics and Gynaecology
- Musculoskeletal
- Gastric
- Others
Market Breakup by End User
- Hospitals
- Diagnostics
- Ambulatory Care Centres
- Others
Market Breakup by Region
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Italy
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Trends in the Portable Ultrasound Market
Some key trends in the portable ultrasound market are:- Growing demand for portable and compact ultrasound devices: The demand for portable ultrasound devices is increasing due to their ease of use, compact size, and portability. Portable ultrasound devices are used for bedside patient care, emergency care, and remote diagnostics
- Technological advancements in portable ultrasound devices: Technological advancements such as miniaturization of components, improved image quality, wireless connectivity, and cloud-based solutions are driving the growth of the portable ultrasound market
- Increased use of ultrasound in point-of-care settings: The use of ultrasound in point-of-care settings is increasing due to its ability to provide real-time imaging and diagnosis. Portable ultrasound devices are being used in emergency departments, intensive care units, and other clinical settings
- Growing demand for telemedicine: Telemedicine is growing rapidly, and the use of portable ultrasound devices is increasing in telemedicine applications. The ability to perform remote diagnostics and consultations is driving the demand for portable ultrasound devices
- Increased focus on cost-effectiveness: There is a growing focus on cost-effectiveness in healthcare, and portable ultrasound devices are being used as a cost-effective alternative to traditional imaging modalities. This is driving the demand for portable ultrasound devices in the healthcare industry
Portable Ultrasound Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:- Fujifilm SonoSite Inc
- General Electric Company
- Hitachi Ltd
- Fukuda Denshi
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd
- Canon Medical Systems Corporation
- Koninklijke Philips N.V
- BenQ Corporation
- Advanced Instrumentations
- INTEGRA LIFESCIENCES CORP
- Landwind Medical
- Accutome Inc
- DRE Medical
Table of Contents
1 Preface
3 Global Portable Ultrasound Market Overview
4 Global Portable Ultrasound Market Landscape
5 Global Portable Ultrasound Market Dynamics
6 Global Portable Ultrasound Market Segmentation
7 North America Portable Ultrasound Market
8 Europe Portable Ultrasound Market
9 Asia Pacific Portable Ultrasound Market
10 Latin America Portable Ultrasound Market
11 Middle East and Africa Portable Ultrasound Market
12 Patent Analysis
13 Grants Analysis
14 Funding Analysis
15 Partnership and Collaborations Analysis
16 Regulatory Framework
17 Supplier Landscape
18 Global Portable Ultrasound Market - Distribution Model (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
21 Payment Methods (Additional Insight)
Companies Mentioned
- Fujifilm Sonosite Inc.
- General Electric Company
- Hitachi Ltd.
- Fukuda Denshi
- Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
- Canon Medical Systems Corporation
- Koninklijke Philips N.V.
- Benq Corporation
- Advanced Instrumentations
- Integra Lifesciences Corp.
- Landwind Medical
- Accutome Inc.
- Dre Medical
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 140 |
Published | May 2023 |
Forecast Period | 2023 - 2031 |
Estimated Market Value ( USD | $ 2.37 Billion |
Forecasted Market Value ( USD | $ 4.71 Billion |
Compound Annual Growth Rate | 8.9% |
Regions Covered | Global |
No. of Companies Mentioned | 13 |