Handheld Ultrasound Market Report: Trends, Forecast and Competitive Analysis to 2030

Handheld Ultrasound Market Report: Trends, Forecast and Competitive Analysis to 2030

Handheld Ultrasound Trends and Forecast

The future of the global handheld ultrasound market looks promising with opportunities in the hospital, diagnostic center, and ambulatory surgical center markets. The global handheld ultrasound market is expected to reach an estimated $1 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are the rising demand for real-time delivery and image-based diagnostic solutions and growing adoption of AI, IOT, and machine learning in the healthcare industry.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Handheld Ultrasound by Segment

The study includes a forecast for the global handheld ultrasound by modality, display, application, end use, and region.

Handheld Ultrasound Market by Modality [Shipment Analysis by Value from 2018 to 2030]:

• Wired
• Wireless

Handheld Ultrasound Market by Display [Shipment Analysis by Value from 2018 to 2030]:

• Black & White Display
• Color Display

Handheld Ultrasound Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Cardiology
• Trauma
• Urology
• Gynecology
• Oncology
• Musculoskeletal

Handheld Ultrasound Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Diagnostic Centers
• Ambulatory Surgical Centers
• Others

Handheld Ultrasound Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Handheld Ultrasound Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies handheld ultrasound companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the handheld ultrasound companies profiled in this report include-

• GE Healthcare
• Siemens
• Koninklijke Philips
• Samsung
• Fujifilm
• Shenzhen Mindray Bio-Medical Electronics
• Canon Medical

Handheld Ultrasound Market Insights

Lucintel forecasts that gynecology will remain the largest segment over the forecast period due to the large number of commercially accessible ultrasound instruments for both prenatal diagnostic and ultrasonography.

Within this market, diagnostic centers is expected to witness the highest growth due to the increased need for diagnostic facilities and the wide range of expanding applications, including those in oncology and cardiology.

North America will remain the largest region during the forecast period due to the increasing engagement of major medical institutes, the simplicity of clinical trial approval, and the rapid pace of starting research and development projects to create therapeutic choices for chronic diseases will promote market expansion in the region.

Features of the Global Handheld Ultrasound Market

Market Size Estimates: Handheld ultrasound market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Handheld ultrasound market size by various segments, such as by modality, display, application, end use, and region in terms of value ($B).

Regional Analysis: Handheld ultrasound market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different modalities, display, applications, end uses, and regions for the handheld ultrasound market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the handheld ultrasound market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the handheld ultrasound market size?

Answer: The global handheld ultrasound market is expected to reach an estimated $1 billion by 2030.

Q2. What is the growth forecast for handheld ultrasound market?

Answer: The global handheld ultrasound market is expected to grow with a CAGR of 4.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the handheld ultrasound market?

Answer: The major drivers for this market are the rising demand for real-time delivery and image-based diagnostic solutions and growing adoption of AI, IOT, and machine learning in the healthcare industry.

Q4. What are the major segments for handheld ultrasound market?

Answer: The future of the handheld ultrasound market looks promising with opportunities in the hospital, diagnostic center, and ambulatory surgical center markets.

Q5. Who are the key handheld ultrasound market companies?

Answer: Some of the key handheld ultrasound companies are as follows:

• GE Healthcare
• Siemens
• Koninklijke Philips
• Samsung
• Fujifilm
• Shenzhen Mindray Bio-Medical Electronics
• Canon Medical

Q6. Which handheld ultrasound market segment will be the largest in future?

Answer: Lucintel forecasts that gynecology will remain the largest segment over the forecast period due to the large number of commercially accessible ultrasound instruments for both prenatal diagnostic and ultrasonography.

Q7. In handheld ultrasound market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region during the forecast period due to the increasing engagement of major medical institutes, the simplicity of clinical trial approval, and the rapid pace of starting research and development projects to create therapeutic choices for chronic diseases will promote market expansion in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the handheld ultrasound market by modality (wired and wireless), display (black & white display and color display), application (cardiology, trauma, urology, gynecology, oncology, and musculoskeletal), end use (hospitals, diagnostic centers, ambulatory surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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