Point of Care Ultrasound Market Size By Type (Diagnostic, Therapeutic), By Portability (Trolley Based Devices, Handheld Devices), By Application (Emergency Medicine, Cardiology, Obstetrics & Gynecology, Urology, Vascular Surgery, Musculoskeletal), By End-

Point of Care Ultrasound Market Size By Type (Diagnostic, Therapeutic), By Portability (Trolley Based Devices, Handheld Devices), By Application (Emergency Medicine, Cardiology, Obstetrics & Gynecology, Urology, Vascular Surgery, Musculoskeletal), By End-use (Hospitals, Clinics, Maternity Centers, Ambulatory Surgical Centers (ASCs)), Industry Analysis Report, Regional Outlook, Growth Potential, Covid-19 Impact Analysis, Competitive Market Share & Forecast, 2022 - 2030

Global Point of Care Ultrasound (POCUS) Market is slated to propel significantly through 2030 owing to the increasing implementation in the emergency department. The demand for POCUS in emergency rooms is growing as a result of doctors' increasing need for sonography to decide the best course of treatment for patients.

Numerous companies operating in POCUS industry are involved in strategic initiatives such as mergers and acquisitions, partnerships, and more, to gain a competitive advantage in the marketplace. For instance, in September 2022, Fujifilm Holdings Corporation announced expanding its POCUS portfolio with the introduction of Sonosite LX System in Europe. The launch enables the organization to offer improved teamwork and increased diagnostic and operational confidence.

The point-of-care ultrasound market has been divided in terms of type, portability, application, end-use, and region.

Based on type, the diagnostic segment is expected to grow substantially through the review timeline. The rising incidence of chronic diseases would spur the demand for ultrasonic imaging owing to its ability to help with early disease identification and lower treatment costs.

With respect to portability, the handheld devices segment is anticipated to proliferate from 2022 to 2030 credited to the technological improvements in transducer sensitivity of handheld ultrasound equipment that provide increased image quality.

In terms of application, the emergency medicine segment recorded more than 17% of the market share in 2021 and is poised to garner an effective growth rate through the forecast timeframe. This can be attributed to the increase in trauma cases worldwide.

Meanwhile, the urology segment is speculated to advance steadily over the research years due to the rise in urological illnesses among patients.

Considering the end-use, the hospitals segment is set to witness sizeable market expansion by the end of 2030 fueled by the rising occurrence of vascular, urological, and cardiology disorders. Emergency care centers and the availability of well-developed technology in hospital settings will further drive segment expansion.

From the regional front, the Europe point-of-care ultrasound market is projected to be valued at more than $1.5 billion by 2030 because of the growing prevalence of cardiac arrest, obesity, and trauma in the region. In addition, the increasing diagnostic imaging usage in European economies would contribute to regional market growth.

Meanwhile, the Middle East & Africa POCUS industry is estimated to accelerate positively through the analysis timeline driven by the rapidly expanding geriatric population who suffer from chronic illnesses. The high mortality rate among children under five years of age, changing disease patterns, and rising incidence of numerous chronic diseases will all boost the regional market growth.