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Portable Ultrasound Devices Market Poised to Grow at a CAGR of 8.50% by 2024

Infinium Global Research has added a new report on Portable Ultrasound Devices Market. The report presents analysis of global as well as regional markets of portable ultrasound devices market over the period of 2016 to 2024.

Ultrasound imaging uses sound waves to produce pictures of the inside of the body. It is used to help diagnose the causes of pain, swelling and infection in the body’s internal organs and to examine a baby in pregnant women and the brain and hips in infants. It’s also used to help guide biopsies, diagnose heart conditions, and assess damage after a heart attack. In the current scenario, portable ultrasound machines are being adapted in order to meet the rising business demands due to its portability. These machines offers great benefits, it eliminates the stress of patients having to wait hours to receive a check up or having them constantly move from one room to another where devices is available.


Increased use devices offers a wide range of benefits that helps to drive the ultrasound devices market. It helps in instant diagnosis and does not require dedicated space that helps during serious medical environments such as the emergency room (ER) and intensive care unit (ICU), patients are incredibly vulnerable to being taken from one room to another for further diagnosis. Furthermore, Real-time imaging & patient involvement and improved patient convenience facilities to augment growth for the portable ultrasound devices market. However, High Costs of the Portable Ultrasound Systems can hinder the portable ultrasound devices market. Also some of the others factors that can likely hinder the growth opportunities include lack of dedicated training programs and growth of market dependent on ambulatory/remote patient care infrastructure. Furthermore, reduction in the prices of ultrasound devices can further fuel growth opportunities in near future


Geographically, North America accounted for the largest market share in 2017, in terms of revenue. The U.S region is responsible for driving growth in North America region on account improved healthcare infrastructure, government initiatives and support for technological advancements, and ease of reimbursement. Asia Pacific region is expected to grow at the soaring CAGR on account of improving health care infrastructure, rising disposable incomes, public growing awareness levels.


Recent Development in the Market

September 2017: PENTAX Medical and Hitachi Medical Systems, Europe, have launched the new ultrasound video bronchoscope (EBUS), in combination with Hitachi’s innovative Ultrasound systems.


Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global portable ultrasound devices market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


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The recent report identified that North America dominated the global portable ultrasound devices market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the portable ultrasound devices market worldwide.


The report segments the global portable ultrasound devices market on the basis of Type of Device, Application and End-User.



Global Portable Ultrasound Devices Market by Type of Device

·         Mobile Ultrasound Device

·         Hand-Held Ultrasound Device


Global Portable Ultrasound Devices Market by Application

·         Cardiovascular

·         Obstetrics And Gynecology

·         Gastric

·         Musculoskeletal

·         Others


Global Portable Ultrasound Devices Market by End-User

·         Hospitals

·         Diagnostic Centers

·         Ambulatory Care Centers

·         Others


Companies Profiled in the Report

·         Fujifilm SonoSite, Inc.

·         GE Healthcare

·         Hitachi Ltd

·         Fukuda Denshi

·         Shenzhen Mindray

·         Canon Medical Systems Corporation

·         Koninklijke Philips N.V.

·         Samsung Medical

·         Siemens Healthineers


About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.

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