Global Portable Ultra Sound Market – Size, Outlook, Trends and Forecast (2024 – 2032)

An ultrasound is a device that uses high-frequency sound waves to create an image of internal parts of the body. Ultrasounds are used to diagnose, monitor, and treat multitudes of medical problems from gallstones to cancer and are also used to detect objects and measure distances for further analyses. Ultrasound imaging or sonography is often used in the healthcare sector.

 Portable Ultra Sound Market Segments Size & Growth:

Portable ultrasound market is accounted for$ XX million in 2018 and expected to grow at a CAGR of 8.5% to reach $million by 2024 during the forecast period 2019-2024. Major factors that are driving the market growth is due to the demand for these devices has increased significantly, growing adoption of minimally invasive procedures and increasing use of this equipment for antenatal and prenatal care is projected to grow during the forecast period. However, stringent government regulations, the cost associated with equipment, are the significant restraints of the portable ultrasound equipment market.

.Global Portable Ultra Sound Market Segments Share:

The global portable ultrasound market is segmented based on product type, application, end-user, and region. Regarding product type, the market has been divided into hand-carried systems, hand-operated or handheld systems, and bedside systems. Hand operated systems are convenient to use this is placed directly on the patient and moved, which helps in detecting the disease. Bedside systems help in to examine the patient within the stipulated time the patient has to lie on the bed and then this activity is performed by the physician.

Concerning application, the market has been categorised into gynaecology, radiology, cardiology, urology, ophthalmology, critical care medicine, musculoskeletal, emergency medicine, and anesthesiology. Gynaecology is the branch of physiology and medicine which deals with the functions and diseases specific to women and girls, which has more impact on the reproductive system. Radiology is the science dealing with X-rays and other high-energy radiation, the use of this radiation is to diagnose the problem & treat accordingly. Cardiology is a branch of medicine dealing with disorders of the heart as well as parts of the circulatory system. Critical care medicine covers all aspects of acute and emergency care for the critically ill or injured patient.

Based on end-user, the global portable ultrasound equipment market has been segmented into hospitals, clinics, ambulatory care centres, maternity centres, long-term care, home care, and others. In hospitals, the ultrasound equipment’s are commonly used to detect the internal problems in our body.

Geographically, North America accounted for the most significant market share in 2017, regarding revenue. The U.S region is responsible for driving growth in the North America region on account of 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 healthcare infrastructure, rising disposable incomes, public growing awareness levels.

Global Portable Ultra Sound Market Segments Trends:

• In March 2018 mind ray has launched an X insight ultrasound solution launched for a better understanding of body parts
• In May 2018, BK ultrasound powered by Analogic launches BK spec ultrasound system for urology
• In July 2018, Fujifilm new large diameter telephoto prime lens used for photos.
• In October 2016 BK ultrasound powered by Analogic introduces new premium cardiac imaging software for the ultrasound system to easily understand the internal parts of the body.

.Global Portable Ultra Sound Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have a complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried out to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact on altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The primary key players are:

• Fujifilm holding corporation
• Analogic Corporation
• Esaote S.P.A
• Koninklijke Philips N.V.
• Toshiba Corporation

Along with these companies, there were many other companies considered/cited in the report while analysing the  Global Portable Ultrasound market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.