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Portable Ultrasound Devices Market Size & Share, By Type (Laptop-based, Handheld), Application (Obstetrics/Gynecology, Cardiovascular, Urology, Gastric, Musculoskeletal, Others), Technology (2D Ultrasound, 3D & 4D Ultrasound, Doppler Ultrasound, High-intensity Focused Ultrasound), End-Use (Hospitals & Clinics, Home Care, Others), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Report ID: FBI 6063

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Published Date: Aug-2024

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Format : PDF, Excel

Market Outlook:

Portable Ultrasound Devices Market exceeded USD 2.24 Billion in 2023 and is expected to exceed USD 3.69 Billion by end of the year 2032, observing around 5.7% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 2.24 Billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

5.7%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 3.69 Billion

19-23 x.x %
24-32 x.x %
Portable Ultrasound Devices Market

Historical Data Period

2019-2023

Portable Ultrasound Devices Market

Largest Region

North America

Portable Ultrasound Devices Market

Forecast Period

2024-2032

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Market Dynamics:

Growth Drivers & Opportunity:

The increasing prevalence of chronic diseases and the growing demand for point-of-care diagnostics are driving the portable ultrasound devices market. Technological advancements in the field of ultrasound imaging are also contributing to the market growth. Additionally, the rising geriatric population and the increasing adoption of portable ultrasound devices in emergency medical services are further fueling the market growth.

Report Scope

Report CoverageDetails
Segments CoveredType, Application, Technology, End-Use
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledGeneral Electric Company, Siemens, Clarius Mobile Health, Koninklijke Philips N.V., SAMSUNG, FUJIFILM Holdings, Shenzhen Mindray Bio-medical Electronics, Canon, BenQ, ESAOTE SPA

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Industry Restraints:

The high cost of portable ultrasound devices and the lack of skilled professionals to operate these devices are major restraints for the market. Limited reimbursement policies for portable ultrasound procedures also pose a challenge for market growth.

Regional Forecast:

Portable Ultrasound Devices Market

Largest Region

North America

43% Market Share in 2023

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North America (U.S., Canada)

The North America portable ultrasound devices market is expected to grow at a steady rate due to the increasing prevalence of chronic diseases and the rising demand for point-of-care diagnostics. The United States dominates the market with a large number of key players and technological advancements in the healthcare sector. Canada also contributes significantly to the market growth with a growing elderly population and increasing healthcare expenditure.

2. Asia Pacific (China, Japan, South Korea)

The Asia Pacific region is anticipated to witness significant growth in the portable ultrasound devices market due to the increasing adoption of advanced medical technologies and the rising prevalence of lifestyle diseases in countries like China, Japan, and South Korea. China is the largest market in the region, driven by the rapidly expanding healthcare infrastructure and growing investments in healthcare facilities. Japan and South Korea also show promising growth prospects with the presence of major market players and advancements in medical imaging technologies.

3. Europe (United Kingdom, Germany, France)

In Europe, the portable ultrasound devices market is projected to experience steady growth owing to the high prevalence of chronic diseases, favorable government initiatives, and increasing healthcare expenditure. The United Kingdom, Germany, and France are the key markets in the region, driven by the presence of leading healthcare facilities, a growing geriatric population, and advancements in ultrasound imaging technologies. The market is also characterized by collaborations between industry players and research institutions to develop advanced portable ultrasound devices for better patient care and treatment outcomes.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Portable Ultrasound Devices Market
Portable Ultrasound Devices Market

Segmentation Analysis:

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In terms of segmentation, the global Portable Ultrasound Devices market is analyzed on the basis of Type, Application, Technology, End-Use.

Portable Ultrasound Devices Market

Laptop-based: The laptop-based segment of the portable ultrasound devices market is expected to witness significant growth due to the increasing adoption of portable ultrasound devices in hospitals and clinics for point-of-care diagnostics. These devices offer flexibility and convenience in terms of portability and ease of use, making them ideal for use in various healthcare settings.

Handheld: The handheld segment of the portable ultrasound devices market is projected to experience rapid growth, driven by the rising demand for compact and lightweight ultrasound devices for on-the-go imaging. Handheld devices are particularly suited for use in emergency medical services, home care settings, and remote healthcare facilities, where portability and ease of use are essential.

Obstetrics/Gynecology: The obstetrics/gynecology application segment is anticipated to dominate the portable ultrasound devices market, owing to the high prevalence of pregnancy-related complications and gynecological disorders. Portable ultrasound devices enable real-time imaging of the fetus and reproductive organs, providing valuable diagnostic information to healthcare providers.

Cardiovascular: The cardiovascular application segment is expected to witness substantial growth in the portable ultrasound devices market, fueled by the increasing prevalence of cardiovascular diseases and the need for non-invasive imaging technologies for early diagnosis and monitoring. Portable ultrasound devices offer advanced imaging capabilities for assessing cardiac structure and function, enabling efficient management of cardiovascular conditions.

Urology: The urology application segment is projected to show significant growth in the portable ultrasound devices market, driven by the rising incidence of urological disorders and the demand for minimally invasive diagnostic solutions. Portable ultrasound devices enable accurate imaging of the urinary tract and reproductive organs, facilitating early detection and treatment of urological conditions.

Gastric: The gastric application segment is expected to experience steady growth in the portable ultrasound devices market, supported by the increasing use of ultrasound imaging for gastrointestinal assessment. Portable ultrasound devices allow for real-time visualization of the stomach and surrounding structures, aiding in the diagnosis of gastric conditions such as ulcers, tumors, and inflammation.

Musculoskeletal: The musculoskeletal application segment is anticipated to witness growth in the portable ultrasound devices market, driven by the rising demand for point-of-care imaging for musculoskeletal disorders and sports injuries. Portable ultrasound devices offer high-resolution imaging of muscles, tendons, ligaments, and joints, enabling accurate diagnosis and treatment planning for musculoskeletal conditions.

2D Ultrasound: The 2D ultrasound technology segment is expected to remain dominant in the portable ultrasound devices market, given its widespread adoption in various applications for two-dimensional imaging. 2D ultrasound technology provides real-time grayscale images of internal structures, offering valuable diagnostic information in obstetrics/gynecology, cardiovascular, urology, and other clinical settings.

3D & 4D Ultrasound: The 3D & 4D ultrasound technology segment is projected to witness growth in the portable ultrasound devices market. This advanced imaging technology enables three-dimensional and real-time four-dimensional visualization of anatomical structures, allowing for enhanced spatial understanding and detailed assessment in obstetrics/gynecology, cardiovascular, and other applications.

Doppler Ultrasound: The Doppler ultrasound technology segment is anticipated to show steady growth in the portable ultrasound devices market, driven by its ability to assess blood flow and vascular structures. Doppler ultrasound technology is widely used in cardiovascular, obstetrics/gynecology, and other applications for non-invasive evaluation of blood flow velocity and direction, aiding in the diagnosis of vascular conditions and cardiac disorders.

High-intensity Focused Ultrasound: The high-intensity focused ultrasound technology segment is expected to demonstrate growth in the portable ultrasound devices market, supported by its therapeutic applications for tissue ablation and targeted ultrasound therapy. High-intensity focused ultrasound technology enables precise and non-invasive treatment of tumors, fibroids, and other conditions, offering a potential alternative to surgery in certain cases.

Hospitals & Clinics: The hospitals & clinics end-use segment is projected to lead the portable ultrasound devices market, driven by the high demand for point-of-care imaging solutions in clinical settings. Portable ultrasound devices are widely utilized in hospitals and clinics for rapid diagnosis, patient monitoring, and interventional procedures, enhancing healthcare delivery and patient outcomes.

Home Care: The home care end-use segment is expected to witness growth in the portable ultrasound devices market, fueled by the increasing trend towards home-based healthcare and remote monitoring. Portable ultrasound devices enable convenient and cost-effective imaging at home, facilitating early detection of medical conditions and improving accessibility to ultrasound services for patients in home care settings.

Others: The other end bould encompass various end-use segments such as ambulatory care centers, diagnostic imaging centers, and research institutions, which are expected to contribute to the growth of the portable ultrasound devices market. Portable ultrasound devices offer versatile imaging capabilities in different healthcare settings, catering to the diverse needs of healthcare providers, researchers, and patients in other end-use segments.

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Competitive Landscape:

The competitive landscape in the Portable Ultrasound Devices Market is highly competitive, with numerous key players striving to gain a larger market share. These companies are investing in research and development to innovate their products and stay ahead of the competition. Some of the top companies operating in the Portable Ultrasound Devices Market across the world are:

1. GE Healthcare

2. Siemens Healthineers

3. Philips Healthcare

4. Fujifilm SonoSite

5. Canon Medical Systems

6. Hitachi Healthcare

7. Samsung Medison

8. Mindray Medical

9. Esaote

10. Shenzhen Mindray Bio-Medical Electronics Co. Ltd.

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