Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on handheld ultrasound market provides in-depth analysis of segments and sub-segments in the global as well as regional handheld ultrasound market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional handheld ultrasound market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global handheld ultrasound market.
Handheld ultrasound equipment is a medical device that can be used with one hand weighing less than or equal to 10 pounds. Handheld ultrasound equipment is employed for screening and diagnostic imaging in healthcare centers. These devices allow medical practitioners to do inspections and evaluations at the patient's bedside or in far-off places. They also provide real-time imaging capabilities, which are very useful in point-of-care applications. Portable ultrasound machines are practical, portable, and simple to operate, which makes them appropriate for a variety of medical specializations. They are essential for boosting patient care, expanding access to diagnostic imaging, and facilitating rapid clinical decision-making. The market for handheld ultrasound is driven by the increasing prevalence of chronic diseases and the increasing demand for point-of-care imaging solutions in medical emergencies.
The increasing prevalence of chronic diseases propels the market growth of the handheld ultrasound market. Chronic ailments include heart disease, lung disease, liver disease, and musculoskeletal disorders that frequently need close monitoring, prompt diagnosis, and follow-up exams. According to World Health Organization, “ Regardless of improvements in overall health, the WHO warned that if the trend of NCDs continued, by 2050, chronic diseases like cancer, diabetes, and respiratory illnesses would be responsible for 86% of the 90 million annual deaths. This represents a startling 90% increase in absolute numbers since 2019”. Thus, with the rising burden of chronic diseases globally, there is a growing need for accessible and efficient diagnostic tools. Therefore, to perform diagnostic imaging and screenings at the point of care the demand for handheld ultrasound devices is increasing in hospitals and the healthcare sector. Additionally, to sustain in a competitive market, manufacturers are providing features like wireless networking, smartphone compatibility, advanced imaging modes (including Doppler, 3D/4-D imaging, and elastography), and Artificial Intelligence (AI) integration, to improve their functionality and clinical utility and boost the market in future. However, the market's potential is constrained by the high price of handheld ultrasound devices. Adoption may be discouraged by the expensive price, especially in environments with limited resources. Thus, the market demand for handheld ultrasound devices in underdeveloped regions can be less as compared to that of the developed region.
The global handheld ultrasound market is segmented into Asia Pacific, North America, Europe, the Middle East & Africa, and South America. Among the regions, North America has been a major market for handheld ultrasound devices, driven by the presence of well-established healthcare infrastructure, high healthcare expenditure, technological advancements, and an increasing chronic disorder population due to rising unhealthy lifestyles. The Asia Pacific region is also witnessing rapid market growth due to increasing healthcare investments, rising awareness about portable imaging solutions, and a growing patient population.
| Report Coverage | Details |
|---|---|
| Market Size in 2022 | USD 536.62 Million |
| Market Size by 2030 | USD 1019.12 Million |
| Growth Rate from 2023 to 2030 | CAGR of 8.65% |
| Largest Market | North America |
| No. of Pages | 300 |
| Market Drivers |
|
| Market Segmentation | By Type, By Application, By Technology, and By End-use |
| Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on global handheld ultrasound market covers segments such as type, application, technology, and end-use. On the basis of type, the sub-markets include portable handheld ultrasound, and wireless handheld ultrasound. On the basis of application, the sub-markets include obstetrics/gynecology, cardiovascular, urology, musculoskeletal, and others. On the basis of technology, the sub-markets include 2d ultrasound, 3d & 4d ultrasound, and doppler ultrasound. On the basis of end-use, the sub-markets include hospitals & clinics, home care, and others.
The report provides profiles of the companies in the market such as General Electric, Siemens, Koninklijke Philips N.V., SAMSUNGHEALTHCARE.COM, FUJIFILM Holdings Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Canon Inc., BenQ Corporation, Zimmer MedizinSysteme GmbH, and TERASON DIVISION TERATECH CORPORATION.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the handheld ultrasound market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
Please Choose One of them.
