Global POC Ultrasound Device Market to Reach USD 3 Billion by 2025

The global point-of-care ultrasound (PoCUS) device market is expected to reach USD 3.1 billion by 2025, driven by a surge in the geriatric population, rising prevalence of chronic diseases, technological advancements in PoCUS devices, growing awareness of the benefits of portable ultrasound devices and increasing healthcare expenditure.

These are the latest findings of Research and Markets, (Dublin, Ireland), a global market research company.

Based on type, the therapeutic devices segment is expected to register a faster CAGR of 8.4%, due to their non-invasive feature and ability to relieve pain and inflammation, reduce muscle spasms, offer fast healing, and increased range of motion. In 2017, the trolley/cart-based segment dominated the PoCUS device market with the largest share of 75.4% due to their increased usage in acute care setting and emergency care in hospitals and healthcare institutions.

Based on application, the emergency medicine segment is expected to witness the fastest growth during the forecast period due to the benefits of these PoCUS devices, such as procedural safety, timeliness of care, diagnostic accuracy and reduced costs, leading to their increased adoption in emergency departments.

Geographically, the PoCUS device market in Asia-Pacific is expected to register the fastest CAGR of 7.5% during the forecast period, driven by the growing need for PoC in emergency departments, increasing prevalence of chronic and lifestyle diseases, and strengthening of networks of international device manufacturers in the region. Japan remains the largest market for PoCUS devices in Asia-Pacific, led by a surge in its geriatric population, technological advancements and the country’s high healthcare expenditure.

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