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Ultrasound is a medical imaging technique. A portable ultrasound device uses high-frequency sound waves to create images of the organs and structures inside the body. The image produced is called a sonogram. Ultrasound scans are safe because they use sound waves or echoes to make an image, instead of radiation. Health care professionals use ultrasound devices to view the heart, blood vessels, kidneys, liver, and other organs. Portable ultrasound devices are safe hence are widely used for diagnosis or treatment. No special preparation is normally necessary before an ultrasound scan.
Portable ultrasound device consists of transducer probe, central processing unit (CPU), transducer pulse controls, display, disk storage device (hard, floppy, CD) and printer. The transducer probe sends out sound waves, which bounce off the tissues inside your body. Technological advancements in the ultrasound imaging can provide 3D as well 4D data of the internal body structures. The advantages of ultrasound devices include real-time imaging, low costs and safety. Furthermore, reduction in the prices of ultrasound devices can further propel growth opportunities in near future. However, strict regulations and lack of skilled and experienced sonographers globally is biggest barrier for growth oh this market.
North America is the largest portable ultrasound devices market followed by Europe due to improved healthcare infrastructure, government initiatives and support for technological advancements, and ease of reimbursement. Asia Pacific region is expected to grow at the highest CAGR during forecast period as improving health care infrastructure, government initiatives, rising disposable incomes and growing public awareness levels.
New advancements in technology, high R&D investment by the global players, rising demand for automation and integration of multiple processes in ultrasonic devices, fully automated systems with built-in quality-assurance capabilities, possessing the ability to process large number of patience and new applications that are constantly evolving to support new needs in portable ultrasound devices market which is boosting this market globally.
Portable Ultrasound Devices Market : Product Type
Portable Ultrasound Devices Market : Application
Global Portable Ultrasound Devices Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Global Portable Ultrasound Devices Market:
Geographical analysis of Portable Ultrasound Devices Market :
Global Portable Ultrasound Devices Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 7554.4 million |
Forecast Value (2031) |
USD 11662.49 million |
CAGR (2025-2030) |
6.4 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Portable Ultrasound Devices Market was valued at around USD 7554.4 million in 2023 & estimated to reach USD 11662.49 million by 2030.
Portable Ultrasound Devices Market is likely to grow at Compound Annual Growth Rate (CAGR) of 6.4% between 2024 to 2030.
Portable Ultrasound Devices Market is dominated by the Obstetrics and Gynecology segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Portable Ultrasound Devices Market are GE Healthcare, FUJIFILM Holdings Corporation, Koninklijke Philips N.V., Mindray Medical Corporation, Esaote SpA, Analogic Corporation, Philips Healthcare, Siemens Healthcare, Hitachi Medical Corporation, Samsung Medision, Toshiba Medical Systems Corporation.
Primary driving factors for the growth of the Portable Ultrasound Devices Market include New advancements in technology, high R&D investment by the global players, rising demand for automation and integration of multiple processes in ultrasonic devices.
Yes, the report includes COVID 19 impact on the market.
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