Portable Ultrasound Equipment

Portable Ultrasound Equipment

Global Portable Ultrasound Equipment Market to Reach US$2.9 Billion by 2030

The global market for Portable Ultrasound Equipment estimated at US$1.9 Billion in the year 2023, is expected to reach US$2.9 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2023-2030. Cart / Trolley-Based Ultrasound Equipment, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$2.4 Billion by the end of the analysis period. Growth in the Handheld Ultrasound Equipment segment is estimated at 8.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$710.6 Million While China is Forecast to Grow at 7.8% CAGR

The Portable Ultrasound Equipment market in the U.S. is estimated at US$710.6 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$296.3 Million by the year 2030 trailing a CAGR of 7.8% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.5% and 5.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

Global Portable Ultrasound Equipment Market - Key Trends & Drivers Summarized

Portable ultrasound equipment has revolutionized the field of medical imaging by providing high-quality diagnostic capabilities in a compact and mobile form. These devices are designed to perform ultrasound examinations in various settings, including remote locations, emergency situations, and point-of-care scenarios. Portable ultrasound machines are lightweight, battery-operated, and often equipped with wireless connectivity, allowing healthcare professionals to conduct imaging on-the-go and transmit data for real-time consultation and analysis. The advancements in portable ultrasound technology have significantly improved accessibility, enabling better patient care and faster diagnosis, particularly in underserved and rural areas.

The development of portable ultrasound equipment has been driven by technological advancements and the increasing demand for flexible and cost-effective medical imaging solutions. Innovations such as high-resolution transducers, advanced image processing algorithms, and touch-screen interfaces have enhanced the performance and usability of portable ultrasound devices. These machines now offer functionalities comparable to traditional, stationary ultrasound systems, including Doppler imaging, 3D/4D imaging, and elastography. Additionally, the integration of artificial intelligence (AI) and machine learning has further improved diagnostic accuracy and workflow efficiency. Portable ultrasound devices are increasingly being used in a wide range of applications, including obstetrics, cardiology, musculoskeletal imaging, and emergency medicine.

The growth in the portable ultrasound equipment market is driven by several factors. Firstly, the rising prevalence of chronic diseases and the need for early diagnosis and monitoring are boosting the demand for portable ultrasound devices. Secondly, the increasing adoption of point-of-care testing (POCT) and the trend towards decentralized healthcare are driving the need for mobile and versatile imaging solutions. Thirdly, advancements in ultrasound technology, including miniaturization and wireless connectivity, are enhancing the functionality and appeal of portable devices. Additionally, the growing focus on cost-effective healthcare solutions and the need to improve access to diagnostic imaging in remote and underserved areas are supporting market growth. Lastly, the COVID-19 pandemic has highlighted the importance of portable ultrasound equipment in managing infectious diseases, further propelling market demand.

Select Competitors (Total 136 Featured) -

• Canon Medical Systems Corporation
• Clarius Mobile Health
• EchoNous, Inc.
• Esaote SpA
• FUJIFILM SonoSite, Inc.
• Fukuda Denshi UK
• GE Healthcare
• Koninklijke Philips B.V
• Samsung Healthcare
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
• Siemens Healthineers AG
• Teratech Corporation (Terason)
• Verathon, Inc.

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