Point of Care Ultrasound Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Point of Care Ultrasound Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Point of care Ultrasound Market

The Point of care Ultrasound Market size was valued at USD 1.18 billion in 2023, and the market is now projected to grow from USD 1.32 billion in 2024 to USD 4.07 billion by 2032, exhibiting a CAGR of 15.1% during the forecast period of 2024-2032.

At the start of the COVID-19 pandemic, global healthcare access went down as a result of travel bans and opportunities for movement being significantly limited but later the industry got a boost from rising demand for diagnostic imaging amongst patients from across the world, showing an improvement in attention towards healthcare diagnosis after the pandemic in Point of care Ultrasound Market growth.

Their portability, lower cost, and enhanced clinical efficiency contribute to ultrasound systems in point-of-care applications gaining more traction across healthcare specialties. This is why compact ultrasound devices are common among healthcare professionals such as anesthesiologists and orthopedists especially in hospital emergency rooms and intensive care units, due to the above named benefits in Point of care Ultrasound Market share.

Increased global diagnostic testing and screenings are pushing up the market for ultrasound devices. With regard to medical diagnostics, ultrasound has become a necessary tool for diagnosing a range of chronic diseases such as cardiovascular and vascular disorders including sports related injuries.

Comprehensive Analysis of Point of care Ultrasound Market

The Point of care Ultrasound Market and Healthcare industry is rising at an exponential rate due to its market segmentation. These segmentations are methodically segregated by Product Analysis, by End User Analysis, The Product Analysis, Segments of carts-based, and compact & hand-held nature. However, the End User Analysis, hospitals, clinics, and others.

The North America region lead the Point of care Ultrasound Market by benefitting a market size of USD 0.47 billion in 2023 due to The northern America was the wiped out the market in the year 2023.

The top players in the market play a crucial role in the Healthcare industry prospectus growth and setting market standards. These players include, Koninklijke Philips N.V. (Netherlands), GE HealthCare (U.S.), ALPINION MEDICAL SYSTEMS Co., Ltd. (South Korea), FUJIFILM Sonosite, Inc. (U.S.), Hitachi Ltd. (Japan), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), TERASON DIVISION TERATECH CORPORATION (U.S.), EDAN Instruments (China), Butterfly Network, Inc. (U.S.), CHISON Medical Technologies Co., Ltd. (China), Becton, Dickinson, and Company (U.S.), Teknova Medical Systems Co., Ltd. (China), Healcerion Co., Ltd. (South Korea),Zimmer MedizinSysteme GmbH (Germany),Advanced Instrumentations (Florida), DRE Medical (U.S.), DRAMIŃSKI S. A. (Poland), Shenzhen AnaSonic Bio-Medical Technology Co., Ltd. (China), Clarius (Canada),these market players provide a level-playing competitive landscape.

November 2022, Philips Royal Philips Company started their 'Compact 5000', which is one of the high-end cart based point of care ultrasound systems at the annual Radiological Society of North America (RSNA) meeting. Compact 5000 provides superior images confirming Philips’ dedication to sophisticated medical diagnostics and improving bedside practices.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 15.1% from 2024-2032

Unit Value (USD billion), and Volume (Units)

Segmentation By Product

Cart-based

Compact & Hand-held

By End user

Hospitals

Clinics

Others

By Geography

North America (By Product, End User, and Country)

- U.S. (By Product)

- Canada (By Product)

Europe (By Product, End User, and Country)

- Germany (By Product)

- France (By Product)

- U.K. (By Product)

- Italy (By Product)

- Russia (By Product)

- Rest of Europe (By Product)

Asia Pacific (By Product, End User, and Country)

- China (By Product)

- Japan (By Product)

- South Korea (By Product)

- India (By Product)

- Australia (By Product)

- Taiwan (By Product)

- Indonesia (By Product)

- Thailand (By Product)

- Malaysia (By Product)

- Rest of Asia Pacific (By Product)

Latin America (By Product, End User, and Country)

- Mexico (By Product)

- Brazil (By Product)

- Colombia (By Product)

- Argentina (By Product)

- Rest of Latin America (By Product)

Middle East & Africa (By Product, End User, and Country)

- Turkey (By Product)

- Saudi Arabia (By Product)

- UAE (By Product)

- Rest of Middle East & Africa (By Product)


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1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Number of Emergency Department (ED) Visits, By Key Countries, 2022/ 2023
4.2. Evolution of Ultrasound Technology
4.3. New Product Launches, By Key Players
4.4. Key Industry Developments (Mergers, Acquisitions, Partnerships, etc.)
4.5. Impact of COVID-19 on the Market
5. Global Point-of-care Ultrasound Market Analysis, Insights and Forecast, 2019-2032
5.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Product
5.1.1. Cart Based
5.1.2. Compact & Hand-held
5.2. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By End User
5.2.1. Hospitals
5.2.2. Clinics
5.2.3. Others
5.3. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Region
5.3.1. North America
5.3.2. Europe
5.3.3. Asia Pacific
5.3.4. Latin America
5.3.5. Middle East and Africa
6. North America Point-of-care Ultrasound Market Analysis, Insights and Forecast, 2019-2032
6.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Product
6.1.1. Cart Based
6.1.2. Compact & Hand-held
6.2. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By End User
6.2.1. Hospitals
6.2.2. Clinics
6.2.3. Others
6.3. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Country
6.3.1. U.S.
6.3.1.1. By Product
6.3.2. Canada
6.3.2.1. By Product
7. Europe Point-of-care Ultrasound Market Analysis, Insights and Forecast, 2019-2032
7.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Product
7.1.1. Cart Based
7.1.2. Compact & Hand-held
7.2. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By End User
7.2.1. Hospitals
7.2.2. Clinics
7.2.3. Others
7.3. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Country/Sub-region
7.3.1. U.K.
7.3.1.1. By Product
7.3.2. Germany
7.3.2.1. By Product
7.3.3. France
7.3.3.1. By Product
7.3.4. Italy
7.3.4.1. By Product
7.3.5. Russia
7.3.5.1. By Product
7.3.6. Rest of Europe
7.3.6.1. By Product
8. Asia Pacific Point-of-care Ultrasound Market Analysis, Insights and Forecast, 2019-2032
8.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Product
8.1.1. Cart Based
8.1.2. Compact & Hand-held
8.2. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By End User
8.2.1. Hospitals
8.2.2. Clinics
8.2.3. Others
8.3. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Country/Sub-region
8.3.1. China
8.3.1.1. By Product
8.3.2. Japan
8.3.2.1. By Product
8.3.3. South Korea
8.3.3.1. By Product
8.3.4. India
8.3.4.1. By Product
8.3.5. Australia
8.3.5.1. By Product
8.3.6. Taiwan
8.3.6.1. By Product
8.3.7. Indonesia
8.3.7.1. By Product
8.3.8. Thailand
8.3.8.1. By Product
8.3.9. Malaysia
8.3.9.1. By Product
8.3.10. Rest of Asia Pacific
8.3.10.1. By Product
9. Latin America Point-of-care Ultrasound Market Analysis, Insights and Forecast, 2019-2032
9.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Product
9.1.1. Cart Based
9.1.2. Compact & Hand-held
9.2. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By End User
9.2.1. Hospitals
9.2.2. Clinics
9.2.3. Others
9.3. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Country/Sub-region
9.3.1. Brazil
9.3.1.1. By Product
9.3.2. Mexico
9.3.2.1. By Product
9.3.3. Colombia
9.3.3.1. By Product
9.3.4. Argentina
9.3.4.1. By Product
9.3.5. Rest of Latin America
9.3.5.1. By Product
10. Middle East & Africa Point-of-care Ultrasound Market Analysis, Insights and Forecast, 2019-2032
10.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Product
10.1.1. Cart Based
10.1.2. Compact & Hand-held
10.2. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By End User
10.2.1. Hospitals
10.2.2. Clinics
10.2.3. Others
10.3. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast – By Country/Sub-region
10.3.1. Turkey
10.3.1.1. By Product
10.3.2. Saudi Arabia
10.3.2.1. By Product
10.3.3. UAE
10.3.3.1. By Product
10.3.4. Rest of Middle East & Africa
10.3.4.1. By Product
11. Competitive Analysis
11.1. Global Market Share Analysis (2023)
11.2. Company Profiles
11.2.1. GE Healthcare
11.2.1.1. Overview
11.2.1.2. Products & Services
11.2.1.3. SWOT Analysis
11.2.1.4. Recent Developments
11.2.1.5. Strategies
11.2.1.6. Financials (Based on Availability)
11.2.2. Koninklijke Philips N.V.
11.2.2.1. Overview
11.2.2.2. Products & Services
11.2.2.3. SWOT Analysis
11.2.2.4. Recent Developments
11.2.2.5. Strategies
11.2.2.6. Financials (Based on Availability)
11.2.3. FUJIFILM Sonosite, Inc.
11.2.3.1. Overview
11.2.3.2. Products & Services
11.2.3.3. SWOT Analysis
11.2.3.4. Recent Developments
11.2.3.5. Strategies
11.2.3.6. Financials (Based on Availability)
11.2.4. ALPINION MEDICAL SYSTEMS Co., Ltd.
11.2.4.1. Overview
11.2.4.2. Products & Services
11.2.4.3. SWOT Analysis
11.2.4.4. Recent Developments
11.2.4.5. Strategies
11.2.4.6. Financials (Based on Availability)
11.2.5. Hitachi Healthcare Americas (FUJIFILM Holdings Corporation)
11.2.5.1. Overview
11.2.5.2. Products & Services
11.2.5.3. SWOT Analysis
11.2.5.4. Recent Developments
11.2.5.5. Strategies
11.2.5.6. Financials (Based on Availability)
11.2.6. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
11.2.6.1. Overview
11.2.6.2. Products & Services
11.2.6.3. SWOT Analysis
11.2.6.4. Recent Developments
11.2.6.5. Strategies
11.2.6.6. Financials (Based on Availability)
11.2.7. EDAN Instruments, Inc.
11.2.7.1. Overview
11.2.7.2. Products & Services
11.2.7.3. SWOT Analysis
11.2.7.4. Recent Developments
11.2.7.5. Strategies
11.2.7.6. Financials (Based on Availability)
11.2.8. TERASON DIVISION TERATECH CORPORATION
11.2.8.1. Overview
11.2.8.2. Products & Services
11.2.8.3. SWOT Analysis
11.2.8.4. Recent Developments
11.2.8.5. Strategies
11.2.8.6. Financials (Based on Availability)
11.2.9. CHISON Medical Technologies Co., Ltd.
11.2.9.1. Overview
11.2.9.2. Products & Services
11.2.9.3. SWOT Analysis
11.2.9.4. Recent Developments
11.2.9.5. Strategies
11.2.9.6. Financials (Based on Availability)
11.2.10. Healcerion Co., Ltd.
11.2.10.1. Overview
11.2.10.2. Products & Services
11.2.10.3. SWOT Analysis
11.2.10.4. Recent Developments
11.2.10.5. Strategies
11.2.10.6. Financials (Based on Availability)
11.2.11. Butterfly network Inc.
11.2.11.1. Overview
11.2.11.2. Products & Services
11.2.11.3. SWOT Analysis
11.2.11.4. Recent Developments
11.2.11.5. Strategies
11.2.11.6. Financials (Based on Availability)
11.2.12. Becton Dickson and Company
11.2.12.1. Overview
11.2.12.2. Products & Services
11.2.12.3. SWOT Analysis
11.2.12.4. Recent Developments
11.2.12.5. Strategies
11.2.12.6. Financials (Based on Availability)
11.2.13. Zimmer
11.2.13.1. Overview
11.2.13.2. Products & Services
11.2.13.3. SWOT Analysis
11.2.13.4. Recent Developments
11.2.13.5. Strategies
11.2.13.6. Financials (Based on Availability)
11.2.14. Teknova Medical Systems
11.2.14.1. Overview
11.2.14.2. Products & Services
11.2.14.3. SWOT Analysis
11.2.14.4. Recent Developments
11.2.14.5. Strategies
11.2.14.6. Financials (Based on Availability)
11.2.15. Advanced Instrumentations
11.2.15.1. Overview
11.2.15.2. Products & Services
11.2.15.3. SWOT Analysis
11.2.15.4. Recent Developments
11.2.15.5. Strategies
11.2.15.6. Financials (Based on Availability)
11.2.16. DRE Medical
11.2.16.1. Overview
11.2.16.2. Products & Services
11.2.16.3. SWOT Analysis
11.2.16.4. Recent Developments
11.2.16.5. Strategies
11.2.16.6. Financials (Based on Availability)
11.2.17. DRAMIŃSKI S. A.
11.2.17.1. Overview
11.2.17.2. Products & Services
11.2.17.3. SWOT Analysis
11.2.17.4. Recent Developments
11.2.17.5. Strategies
11.2.17.6. Financials (Based on Availability)
11.2.18. Shenzhen Landwind Industry Co., Ltd
11.2.18.1. Overview
11.2.18.2. Products & Services
11.2.18.3. SWOT Analysis
11.2.18.4. Recent Developments
11.2.18.5. Strategies
11.2.18.6. Financials (Based on Availability)
11.2.19. Clarius
11.2.19.1. Overview
11.2.19.2. Products & Services
11.2.19.3. SWOT Analysis
11.2.19.4. Recent Developments
11.2.19.5. Strategies
11.2.19.6. Financials (Based on Availability)

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