Global Portable Ultrasound Devices Market Will Reach USD 8.06 Billion By 2025: Zion Market Research

According to the report, the global portable ultrasound devices market was USD 5.23 billion in 2018 and is expected to generate around USD 8.06 billion by 2025, at a CAGR of around 6.4% between 2019 and 2025.

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New York, NY, Sept. 20, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Portable Ultrasound Devices Market By Device Type (Hand-Held and Mobile), By Application (Obstetrics, Musculoskeletal, Cardiovascular, Gastric, Gynecology, and Others), and By End-User (Hospitals, Ambulatory Surgery Centers, Diagnostic Centers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global portable ultrasound devices market was USD 5.23 billion in 2018 and is expected to generate around USD 8.06 billion by 2025, at a CAGR of around 6.4% between 2019 and 2025.

Fetal and maternal health primarily uses ultrasound devices for diagnostic purposes. Initially, these ultrasound machines were expensive and cumbersome to operate due to their huge sizes. Now, due to various technological advancements, portable ultrasound devices have been developed that are compact and can be used in different community settings along with smaller clinics and nursing facilities. They are used for several purposes, such as viewing tendons, muscles, and internal organs, along with detecting rare medical conditions. The devices are small, light in weight, and easily manageable.

Browse through 54 Tables & 29 Figures spread over 110 Pages and in-depth TOC on “Global Portable Ultrasound Devices Market: By Type, Applications, Industry Size, Share, Trends and Forecast, 2018–2025”.

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They show high-quality images at a lesser cost than conventional ultrasound devices. The portable ultrasound devices market is likely to witness notable growth in the years ahead, owing to the device’s ability to instantly diagnose diseases that result in not requiring any kind of ICU and emergency room facilities. Additionally, higher patient convenience, less patient involvement, and quicker real-time imaging have resulted in the reducing vulnerabilities for patients, which is also fuelling the portable ultrasound devices market growth.

The portable ultrasound devices market is divided based on application, device type, and end-user. By device type, the market is divided into hand-held and mobile ultrasound devices. The application segment of the portable ultrasound devices includes obstetrics, cardiovascular, musculoskeletal, gynecology, gastric, and others. Based on end-user, the global market comprises diagnostic centers, ambulatory care centers, hospitals, and others.

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North America is the most prominent player in this portable ultrasound devices market globally, due to advanced health infrastructure, increasing prevalence of diseases and infections, growing emphasis on the development of innovative products, and rising number of regional companies manufacturing portable ultrasound devices. There are many health programs conducted by the government, which fund various research and development of new procedures and instruments for intensive surgeries.

The European portable ultrasound devices market is likely to grow notably in the future, owing to rising cases of ear infections and consistent technological developments for diagnosis of various infections. These technologies require the use of portable ultrasound devices, which has resulted in an increase in the number of companies producing portable ultrasound devices for disease diagnosis and treatment. The U.K., France, and Germany have huge potential in this regional market. Many companies, such as NanoVibronix, are introducing ingenious solutions in facilitating better working of ultrasound devices. Products like patch ultrasound devices are produced for improved wound healing and tissue regeneration by increased local capillary perfusion and tissue oxygenation.

Browse the full “Portable Ultrasound Devices Market By Device Type (Hand-Held and Mobile), By Application (Obstetrics, Musculoskeletal, Cardiovascular, Gastric, Gynecology, and Others), and By End-User (Hospitals, Ambulatory Surgery Centers, Diagnostic Centers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/portable-ultrasound-devices-market

The Asia Pacific region will register a significantly high CAGR in the portable ultrasound devices market globally in the future, owing to the increasing healthcare expenditure by patients and wide availability of these devices are in various medical centers like hospitals, specialty clinics, and nursing facilities. The regional research centers aim at improving the diagnostic abilities of hospitals in the Asia Pacific, to treat diseases related to lungs, urinary tract, kidneys, heart, and vascular scanning. Factors that result in the slow regional growth are the rural areas of developing countries that the necessary lack resources for medical and financial support.

The Middle East and Africa is an immature regional market for portable ultrasound devices, which is projected to grow at a slow pace over the forecast time period. The Latin American portable ultrasound devices market witnessed moderate growth in the last few years.

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Some key players of the portable ultrasound devices market are Fujifilm, SonoSite, Canon Medical Systems, Fukuda Denshi, Siemens Healthineers, Hitachi, Koninklijke Philips, Shenzhen Mindray, Samsung Medical, and GE Healthcare.

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This report segments the global portable ultrasound devices market into:

Global Portable Ultrasound Devices Market: By Device Type

  • Hand-Held Ultrasound Device
  • Mobile Ultrasound Device

Global Portable Ultrasound Devices Market: By Application

•        Obstetrics

•        Musculoskeletal

•        Cardiovascular

•        Gastric

•        Gynecology

•        Others

Global Portable Ultrasound Devices Market: By End-User

•        Hospitals

•        Diagnostic Centers

•        Ambulatory Care Centers

•        Others

Global Portable Ultrasound Devices Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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